Do you want to switch your credit card to one that gives you travel points? Before you start frequent flyer credit card comparison, it’s crucial to understand certain essential points. This guide will help you understand what to look out for when applying for a frequent flyer credit card.
- Understand How Points Work
Frequent flyer points are similar to special money set aside for travel. Every card provides a certain number of points corresponding to your spending. Certain cards might offer 1 point for each dollar spent by you, while others could potentially provide 2 or even 3 points per dollar spent. Knowing how many points you can earn is critical when applying for frequent flyer credit cards in Australia.
- Know the Annual Fees
Almost every travel credit card has a yearly fee. These fees differ, going from zero to more than $400 per annum. It is crucial to consider if the advantages of having a certain card are worth the cost. In Australia, the average annual fee for a rewards credit card is around $200.
- Look at Sign-Up Bonuses
Frequent flyer credit cards often give large sign-up bonuses, which are extra points you receive when getting the card and spending a certain amount of money. Some cards may even provide up to 1,000 bonus points, which could possibly cover an entire flight!
4. Check Which Airlines You Can Use
Not all airlines operate all frequent flyer points. Certain cards link to specific airline programmes, while others enable you to allocate your points across numerous airlines. In Australia, Qantas and Virgin Australia are two well-known airline programmes to think about.
- Understand Point Expiration
Certain frequent flyer points have no expiration date, yet others may become invalid if not utilized within a specified period. When doing frequent flyer credit card comparisons, be sure to check to see if the points expire and the specific timeframe for doing so. Expiration issues lead to the loss of approximately 20% of all points before redemption, according to a study.
- Consider the Extra Benefits
Many travel credit cards come with extra perks besides just points. These might include:
- Travel insurance
- Airport lounge access
- Free checked bags
- Priority boarding
Extra benefits can add up to hundreds of dollars per year, so consider them when comparing.
- 7. Think About Your Spending Habits
Which card is best for you depends on your spending habits and biggest spending areas. Certain cards offer additional points on specific types of purchases, such as groceries or fuel. Other cards may provide more points when used for travel-related expenses. To find the card that suits you, consider your largest spending areas.
When you’re ready to begin your frequent flyer credit card comparison, remember these seven points. They will assist you in locating the best frequent flyer credit cards in Australia has for your needs.
Conclusion
According to experts all Australians together have more than 100 billion frequent flyer points? This is sufficient for millions of free flights! By picking the correct card and utilising it prudently, you can begin collecting your part from these important points.
Gather the correct data and do some investigation, and soon enough, free travel will be yours! To know more about frequent cards and which one suits your spending patterns call Compare Credit Cards.
