By Guillermo Rodriguez (Award Travel Points)
The American Express Vanilla Reload card has increased our abilities to collect miles and points paying our bills. You can: Spend $500 on a miles earning credit card to buy a Vanilla Reload card at your local CVS or drugstore, load the credit onto the American Express Bluebird card and then use the credit on the Bluebird card to pay your mortgage, rent or tuition bill. Normally, these expenses may not take credit cards and this is a good way to earn miles through these sorts of transactions. Continue reading
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
One of the easiest way to accrue a ton of miles is through credit card sign-ups. All it takes is a decent credit score and a little bit of time and spending and you can have more than enough miles to travel around the world in first class – several times over. However, there are definite pitfalls to the credit card game, so you have to play smart in order to come out ahead. Luckily the rules aren’t that difficult, but it does take some time to understand what is involved. Continue reading
It’s not uncommon to be approved for 10+ credit cards on a single day. Especially if you are new to miles and points and have lots of credit card opportunities. As you become more advanced, your choices become limited.
A good first credit card application spree will include some (or all) of the following cards: Continue reading