The Perks Of Having A Travel Credit Card
One of your best options when you are short of cash is to Apply Cash Card (สมัครบัตรกดเงินสด) that has lower interest rates and usage fees without any fees for cash withdrawals. The application process can be done online without the need for securities and guarantors. The website also allows you to check the results of the application.
Going away for a holiday can be pretty expensive that is why 70% of Americans prefer to use travel credit cards to offset the costs of travel. Travel credit cards that include those that are issued by banks, airlines and hotel chains offer major perks in the form of points or miles. These rewards whether points or miles are basically free money offered to customers.
However, the problem here is 32% of Americans do not use credit cards that offer travel rewards. According to NerdWallet, the value of the travel credit card during the first year is $901 per cardholder. This includes the signup bonus or extra points that are earned when the customer reaches a spending threshold within the first few months and ongoing rewards. Spending threshold is usually between $1,000 and $4,000 while ongoing rewards can include a waiver of annual fees for the first year.
The stiff competition among credit card companies makes it very profitable to sign up for a travel credit card because of the bonuses offered. According to Magnify Money, the average signup bonus has increased from 16,000 points to 40,555 points over the last decade. However, the average annual fees for travel credit cards have increased by 62%.
Aside from signup bonuses, most credit cards also offer extra points that can be used for dining and travel purchases. The credit card can also allow the traveller to spend in other countries without paying for transaction fees. However, all these perks can be only enjoyed if the bill is paid fully every month.
It is not actually wasteful if you Apply Cash Card (สมัครบัตรกดเงินสด) as long as you use the money intelligently. Use the money for necessary expenses only and always pay the monthly payments promptly. If you are short of cash, there is an option of minimum payment but not less than 200 baht.