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Reasons to Find a New Travel Rewards Credit Card

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When you apply for a travel rewards credit card, you hope to use it to your advantage for many years to come. While there’s a good chance of this happening, you never know what will change in the future.

There are several times when it makes sense to find a new travel rewards credit card, including the following situations:

•    Terms and conditions have changed. You don’t see it coming, but your issuer decides to alter the terms and conditions of your agreement. If the new arrangement doesn’t work for you, it’s imperative to consider all your options. You should never feel forced into using a credit card that doesn’t suit your every want and need.
•    Too many blackout dates. Simply put, blackout dates are dates on which you’re not permitted to use your travel rewards. If this continually gets in your way, holding you back from traveling when you want, it’s time for a change. There are plenty of travel rewards credit cards with no blackout dates, so you might as well take advantage. 
•    Annual fee not worth what you get in return. Many people are okay with the idea of paying an annual fee for a top of the line travel rewards credit card. However, if you aren’t impressed by what you get in return for your money, it’s imperative to look into other options. You may be able to secure a similar travel rewards credit card without any annual fee.

Don’t get into the habit of changing from one travel rewards credit card. Not only can this add a layer of complications to your finances, but it can also drag down your credit score.

However, if you realize that your current travel rewards credit card is not giving you everything it could, don’t wait to learn more. As you compare the pros and cons of your current card against other offers, it’ll become clear as to what you should do next. 

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Comments 2

Wanderer on Sunday, 25 November 2018 04:59

In consideration of travel cards ... look at the sign up bonuses which can be huge and how much the card allows for travel expenses such as a $100 to $300 a year that can be applied to baggage fees and the like. A big item for international travelers is access to lounges so think about how important that option may be. Offering to pay for your TSA, Global Entry or Clear Membership is a help that reduces the bite out of your wallet for high annual fees. Some cards even allow for so many dollars a month allocated for ground travel such as Uber. Lots of options.

In consideration of travel cards ... look at the sign up bonuses which can be huge and how much the card allows for travel expenses such as a $100 to $300 a year that can be applied to baggage fees and the like. A big item for international travelers is access to lounges so think about how important that option may be. Offering to pay for your TSA, Global Entry or Clear Membership is a help that reduces the bite out of your wallet for high annual fees. Some cards even allow for so many dollars a month allocated for ground travel such as Uber. Lots of options.
Frank on Sunday, 25 November 2018 16:36

I have to say I usually get a new travel credit card every 2-3 years. The sign up bonuses are just too great to pass up!

I have to say I usually get a new travel credit card every 2-3 years. The sign up bonuses are just too great to pass up!
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Sunday, 16 December 2018