People often come across my Blog in search for something travel related and are astonished by the miles and points world and all the possibilities. They want to know how to get in the game for free travel and the best way to enter. Friends and family and their friends will often hear about all the free trips they’re taking and then have the same question. The best way to start racking up miles and points is by signing up for a few credit card bonuses, but beginners need to know what the right credit cards are. So I put together a list of credit cards for beginner travelers.
Before starting, I’d like to issue a bit of a warning. You should only sign up for credit cards if you already have good credit and can pay off the balance in full every month. The APR on high yield rewards cards is high and carrying a balance and paying interest will quickly negate the value of any rewards you may earn. If you have the discipline to not rack up debt and keep your finances organized, the miles and points game can be extremely rewarding (and it is for me with luxury hotels and first class tickets). Although I lose 3–5 points on my credit score when I apply for a new credit card, it comes back after a few months. My score also benefits from having a low credit usage ratio, which means I have a lot of credit and use very little of it, making me look very responsible in the credit card bureau scoring model. After years of collecting miles and points, I’ve been able to maintain an excellent credit score of 750 and take great trips at the same time! Continue reading