3 Credit Cards That Will Save You Money on Summer Travel
Given that summer travel plans are on most Americans’ minds, applying for a credit card that offers travel rewards among other benefits might be on their list of things to do.
If you’re one of these people, just remember that these cards are suited to people who don’t carry a balance as any interest can easily outweigh the benefits that these cards have on offer.
That said, here are 3 credit cards that can help you save money this summer:
#1: Barclaycard Arrival Plus
If you spend $3000 within 90 days of opening an account, you get about 40,000 bonus miles. In terms of cash value, these bonus miles amount to $444. Apart from this, cardholders will earn double miles. If you’re traveling abroad, there will no foreign transaction fees apart from an $89 annual fee for this card that is waived off.
#2: Southwest Rapid Rewards Plus Card From Chase
If you spend $2000 within the first three months of opening an account, you get about 50000 Rapid Rewards points. These points amount to $700 that you can use to purchase a flight in the “Wanna Get Away” fare class. Unlike most reward cards, this one does not cost fees if you cancel or change flights either. An annual fee of $69 is available for this card.
#3: BankAmericard Travel Rewards Card From Bank of America
This is one of the best cards available for those who are on a tight budget, have no foreign transaction fees and EMV smart chip compatibility. For every dollar spent, one earns 1.5 points and they can be used anywhere with no expiry dates. Finally, if you spend about $500 in the first 90 dys of owning this card, you will get about 10000 bonus points.