There seems to be a general panic going on these days in the economy. Many people are hoarding their money and afraid to spend anything, waiting for the next financial shoe to drop. Some are even giving up on vacations they had been planning for, because they’re not sure what the financial markets will do. But I’m here to tell you there is no reason to give up on taking a great trip.
The key is to let someone else pay for much of the trip. Don’t think you know of anyone who will do that? Well you may not have to look any further than your wallet.
You may have heard of travel rewards credit cards but never really looked into them in the past. Now is the time to start looking. There are a number of kinds of travel rewards credit cards on the market.
Airline Miles Credit Cards
Many airlines are offering their own credit cards so you will be more loyal to them. If there is a carrier you regularly use, this may not be a bad idea. You can quickly rack up points on these cards to use for a free trip to anywhere the airline flies.
Some of the best airline miles credit cards are those don’t limit you to one airline, meaning you can travel anywhere there is an airport.
Hotel Rewards Credit Cards
Want to stay in a nice ritzy place on your next vacation, but don’t think you can afford it? Sure you can if you have a hotel rewards credit card. These cards let you use the points on the card to get free or discounted room stays. Some even offer extras like discounts at the spas and restaurants of the hotel.
Rental Car Rewards Cards
Many credit cards offer rewards towards rental car companies. This is a great way to travel if you really want to get to see an area. There’s nothing like taking a trip across the countryside on your own terms and time schedule.
If you really want the best travel rewards credit cards you will look for cards that will let you do all of the above – cash in the points for airline miles, hotel stays and rental cars.
The secret to being able to use all of these perks is earning the points. Start moving whatever household bills you can to your best travel rewards credit cards, pay them off at the end of the month and save up the points to use when you’re ready.