Wednesday, January 30, 2008

Airline Frequent Flyer Credit Card or Generic Miles Rewards Credit Card - Which is for You?

Airline Frequent Flyer Credit Card or Generic Miles Rewards Credit Card - Which is for You?
When posed with the question on which credit card rewards
you should pick, there really is no standard answer. Reward
credit cards offer different options that may work
differently depending on the lifestyle of the card holder.
Therefore, whether you should get an airline frequent flyer
credit card or a card with generic rewards is really up to
your personal spending habits and travel needs. In this
article, let's consider pointers for both:

Frequent Flyer Credit Card

When it comes to choosing a frequent flyer credit card, one
thing you'll want to consider is your traveling options. Do
you have a particular airline that you prefer to fly with?
In which destinations do you frequently most travel to?
Naturally, it's practical to choose a credit card that has
affiliations with your own chosen airline and one that
gives miles rewards to the places you frequently travel to.
Usually, every brand of credit card has a partnership with
one specific airline. Choosing a frequent flyer program
that best fits your needs will enable you to make the most
out of your rewards. Remember, when you choose a specific
Flyer Miles Program, you are bounded to one particular
airline or carrier including the travel privileges it
offers.

Generic Miles Rewards Credit Card

Blue Sky® from American Express. Some people don't have one
particular carrier or airline in mind. Instead, they prefer
to fly with an airline that offers the best rates. If
you're the type of person who prefers to shop around first
for the cheapest travel fare for your travel, then you
should definitely pick a credit card with Generic Miles
Reward program.

Instead of affiliating with a sole airline company, there
are credit card companies who offer generic miles rewards
for clients. This option enables credit card holders to get
their free ticket or purchase their ticket at a discounted
rate at any airline company they prefer. However, the card
holder must remember that a generic miles reward card
cannot be used together with another frequent flyer miles
program. You can't combine the rewards you earn from both
cards.

Making Your Choice

Yes, a frequent flyer credit card imposes different rules
with a generic miles reward credit card. That is why it is
important to weigh your options carefully before signing up
for the travel reward credit card you want.

Other differences are the fees and costs involved for each
card. For instance, a frequent flyer credit card is usually
accompanied with an annual fee so don't forget to check
whether the annual charge is reasonable or not. Generic
Miles credit cards most often don't require an annual fee
from its holders.

Finally, take the time in examining all the terms and
conditions that will bind you to your chosen travel reward
credit card. Make sure that you'll be able to collect your
travel points easily and that you can receive your miles
rewards while still keeping your spending in control.


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