Tips from the pros: finding and using the right travel credit card
- October 15, 2021
- Brian Jenkins, economics, MoneyGeek, Oct. 15, 2021
Who is best suited for a travel rewards credit card and how can consumers determine if a travel card is right for them? Brian Jenkins, associate teaching professor of economics at UCI writes, “It really depends on the travel habits of the consumer and the terms of the rewards credit card. For example, some airline cards charge an annual membership fee, with one of the cardholder benefits being a companion ticket upon each renewal. … But the value of the companion ticket declines quickly if a consumer finds themselves taking an extra trip each year just to use up the “free” ticket, so beware.”
For the full story, please visit https://www.moneygeek.com/credit-cards/travel/#expert=brian-jenkins.