Travel rewards credit cards are a boon for frequent travelers that help earn reward or travel points, airline miles, elite membership status with international hotels and airlines, and also earn several travel-related perks. Every traveler has unique and different reward requirements and priorities. It’s a smart thing to know that there is no one type of travel credit card that is suitable for all types of travelers. For frequent travelers, high-end travel cards featuring excellent earning rates and exceptional benefits are a great option. In other cases, flat-rate travel cards are the best option. There is a plethora of travel cards that have no annual fee. The hospitality industry offers numerous travel rewards credit cards, with frequent updates to the current ones, to ensure maximum customer satisfaction and raise awareness among the mass audience.

First, let’s discuss some of the most common mistakes people commit while it comes to travel rewards credit cards. These mistakes can prove costly in the long run and can deplete a substantial amount from your pocket. Here are some of the most common ones:

• Not earning the welcome bonus
• Not applying bonus at the right time
• Applying for too many cards
• Redeeming for low-value rewards
• Not paying off your balances
• Missing transfer bonuses
• Letting your earned points to expire
• Not maximizing category bonuses
• Paying a high annual fee for perks you don’t require
• Not hitting spending threshold bonuses

While considering to buy travel rewards credit cards, you need to be clear regarding your requirements. It’s a confusing domain of the travel industry that’s loaded with a multitude of offers with several cash back options, fluctuating interest rates, differing annual fee, and other promises and claims made while purchasing. The most common benefits available with travel credit card include:

• You can earn miles and points to redeem towards airfare, hotels, cruises and even car rentals.
• You enjoy introductory sign-up bonuses with an opportunity to earn a substantial amount of points or miles.
• You can enjoy hotel upgrades and free hotel stays.
• You will have complimentary access to international airport lounges.
• Some travel cards can be used for travel-related purchases.
• Priority boarding is also provided in most airports.

The best ways to get the maximum rewards from travel credit cards include:

• Make sure to sync the rewards that are specific to your interests. This means, don’t purchase a rewards card that is not intended to serve your purpose.
• Most cards offer cash back options. Make the most of cashback rewards that can ensure amazing savings in the long run.
• Compare the rewards of one card with those of others before purchasing. Never buy travel rewards credit cards impulsively without knowing the terms and conditions.
• Over a period of time, you may find some cards you are holding don’t serve your purpose anymore. Make sure to dump them to avoid diluting the value of your rewards.
• It’s advisable to use only one card to the maximum to enjoy the best of rewards instead of frequently rotating different cards.
• Keep an eye on the expiration of reward points and make use of them at the earliest.
• There are chances that the terms and conditions of rewards cards can change periodically. Take into account the notifications the card issuers send, and plan your trip and requirements accordingly.