Airline Rewards Credit Cards - Companies Offer Better Benefits

Airline credit cards have come a long way. While once geared only to frequent fliers, these cards now offer better benefits to more cardholders. And if you have a thorough understanding of how they work, you can earn more miles than ever. Here's what you need to know about airline credit cards today.

How They Work

There are two general categories of airline rewards credit cards. One type allows you to earn miles and travel benefits through a particular airline. If you almost always fly Delta, for instance, you may want to sign up for the Gold Delta SkyMiles. This will let you earn rewards through Delta.

The other type of airline credit card is sometimes referred to as a "generic frequent flier credit card." This card lets you earn points or miles for tickets, and gives you more options for redeeming them. With a card like the Miles by Discover Card, you can book a flight through any airline. This offers more flexibility, and may be a wise choice if you usually fly a variety of carriers.

Regardless of the kind of rewards credit card you choose, you will want to understand the rewards program. Most airline cards grant you points or miles as you shop. You might earn 1 mile for every dollar spent. When you have enough miles, you can use them toward plane tickets. The average number of miles needed for a domestic ticket is 25,000 miles. For international trips, the points required generally range between 45,000 and 60,000.

Better Rewards

Earning 25,000 miles for a ticket may seem high. Through many programs, however, the miles will add up fast. Airline rewards credit cards often grant you bonus miles when you sign up. Some include other initial rewards, such as 5,000 points when you make your first purchase with the card.

Airline credit cards often let you earn more miles for using the card with certain retailers. Others offer double points when you make travel-related purchases. All of these are directed to help you increase miles with little effort.

You can track your points by checking the credit card statement. Many card issuers keep the information online, too, so you can quickly access it. If you have any questions about the number, you can call the credit card company.

Once you have enough miles or points, you're ready to cash in your benefits. Credit card companies have made changes in the past few years to make this process easier for you. Many airline cards offer no blackout dates, which gives you more travel days to choose from. Others let you redeem your points for travel-related items, like hotel stays and car rentals.

What to Look For

When you sign up for an airline credit card, check the features that come with it. Also look at the interest rate and annual fee. These can vary from card to card. Then consider any expiration dates included. Some cards have miles that will expire if you do not use them within a certain time period. Consider other factors such as introductory periods and balance transfers as well. By studying the different benefits, you can find an airline credit card that best suits you.

In today's credit card world, airline rewards cards offer more options than before. This creates better benefits for you, the cardholder. By applying for an airline credit card, you can start earning travel rewards immediately. Use the card wisely, and you will soon reap the rewards of flying for free.