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Basic Information about Airline and Air Miles Credit Cards

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Airline-sponsored credit cards also offer bonus air miles at selected stores or certain travel destinations. In general, you would get bonus air miles when you sign up for either an airline-sponsored or a bank-sponsored credit card.

disadvantages of Air Miles Cards

While having an air miles card has a lot of benefits to offer a frequent traveler, it also has a few disadvantages. For one, this type of credit card tends to have a much higher interest rate than regular credit cards. If you leave the balance unpaid each month, the interest can quickly accumulate, which would make paying off your entire debt a little more difficult to accomplish.

Another disadvantage of having an air mile credit card is that you may fall into the temptation of making unnecessary purchases just so you could accumulate rewards that you can exchange for air mile points. Keep in mind that you should use your air miles credit card responsibly in order to enjoy the benefits that come with it.more

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posted by 61745 @ 2:54 AM