Home | Credit Report | Credit Card | Loan | Insurance | Gas & Electricity | Mobile Phone

Credit Report
Credit Score
Credit Monitoring
Improve Credit Rating
Credit Repair
Identity Fraud
Credit Bureaus
Free Credit Report

Choosing A Card
Credit Card Interest
Balance Transfer
Switching Cards
Cash Back Credit Cards
Airline Mileage Credit Cards
Credit Cards For Bad Credit
What To Do When Applying For A Card

Debt Consolidation
Personal Loan
Payday Loan
Bad Credit Loan
Secured Loan
Credit Score and Loan Interest Rates

Car Insurance
Home Insurance
Life Insurance
Medical Insurance
Dental Insurance
Travel Insurance
Bike Insurance
Pet Insurance

UK Travel Tips
Major Travel Spots
Package Deals

How to switch
What to consider
Energy saving Tips

How to switch?
Things to consider
How to find the best deal?

Why and how to switch?
Things to consider

How to buy the right mobile phone
How to switch
How to compare mobile phone tariffs

Latest Consumer News

Airline Mileage Credit Cards

What are airline mileage credit cards

Airline mileage credit cards as the name suggests let you gain free airline miles on every purchase or transaction that you do through your credit card. Hence the airline mileage credit cards prove to be a boon for those British citizens who have to travel a lot by air. However it is often seen in the case of airline mileage credit cards that many budget British travelers enter into credit card agreements without reading all the terms and conditions including the terms in fine ink. The problem with recommending these cards is that no card will work well for every one of us. Hence it becomes your responsibility to check with other airline mileage credit card owner the benefits and disadvantages of the cards.

The problems

Researching for airline mileage credit cards seems to be a little difficult as the credit card companies complicate matters and eliminate apple to apple comparisons. It is possible to find out information on the APRs and the annual fees but the terms and conditions for redeeming travel rewards vary so widely that useful comparisons become very difficult. You should think carefully about your travel patterns. For example, if you can reach 30000 points easily, then you might have it as a starting point for redemption. In case you are not able to reach so many points, then you will have to find a card that will allow you redemption at lower levels. In case you are not able to pay your entire balance, then you should take the interest rates payable into consideration. Travel rewards are not very helpful in case you are paying finance charges every month. Also if you are getting just a few hundred dollars worth of free travel then an annul fee of approximately 40 pounds can deprive you substantially of your savings.

Points to be considered before opting for a airline mileage credit card.

Mileage expiration – If you are saving your miles to be used later and the unused miles expire after a few years and then all your efforts are wasted. However there are some cards which have no expiration benefits or benefits for up to 5 years.

Interest Rates – If the interest rate is a major concern for you then selecting an airline mileage credit card is a bad choice. This is because the interest rates on airline mileage credit cards are very high.

Annual Fees
– There are several annual fees for each type of card. There are many cards that offer gold or platinum options, but the prices of the cards rise with the privileges. Hence don’t expect to benefit from some of the hyped options unless you have excellent credit ratings.

Lowest minimum miles for a trip

Do consider this option when going for an airline mileage credit card. Gone are the days when you had to spend almost 13500 pounds before any travel rewards were possible. The minimum moles have gone lower now, but you still have to save a lot of rewards points for any big trips that you plan out in the future.



Latest News

February 25, 2012
Consumer sentiment edges up to year high

Consumer sentiment edges up to year highArticle from Reuters: NEW YORK | Fri Feb 24, 2012 10:41am EST NEW YORK (Reuters) – Consumer sentiment improved a tad in February to rack up a year high as Americans became more confident about the economy’s resilience, a survey released on Friday showed. The Thomson Reuters/University of Michigan’s [...]

> Read more

APNewsBreak: NY requires life insurance companies to start paying fully on …

APNewsBreak: NY requires life insurance companies to start paying fully on …Article from Washington Post:ALBANY, N.Y. β€” New York regulators on Friday told insurance companies they must pay out fully when members of the military are killed in action as the standard practice, rather than automatically establishing a kind of checking account that provides interest [...]

> Read more

February 24, 2012
Credit union director urges payday loan rate cap

Credit union director urges payday loan rate capArticle from BBC News:24 February 2012 Last updated at 12:07 ET Martin Treadgold thinks that the UK should have a cap on APR rates like many European countries The director of a West Midlands credit union has called on the government to cap the maximum interest rate levied [...]

> Read more

Bailed-out insurance company AIG posts $20 billion profit on a tax-related …

Bailed-out insurance company AIG posts $ 20 billion profit on a tax-related …Article from Washington Post:NEW YORK β€” American International Group, the insurance company that was bailed out by the government in 2008, reported a $ 19.8 billion profit in the fourth quarter of last year, nearly all of it due to a tax-related accounting [...]

> Read more

February 23, 2012
Consumer Comfort in US at Almost the Highest in Four Years

Consumer Comfort in US at Almost the Highest in Four YearsArticle from BusinessWeek:February 23, 2012, 12:09 PM EST Initial Jobless Claims in U.S. Hold at Four-Year Low Jobless Claims in U.S. Unexpectedly Fall to Four-Year Low Margins Widen at U.S. Companies as Wages Lag Behind: Economy Trade Deficit in U.S. Climbed in December to Six-Month [...]

> Read more


Home : Credit Report : Credit Card : Loan : Insurance : Travel : Utilities
© 2018. UKConsumerWorld.com. All Rights Reserved.