Travel rewards cards let you accumulate rewards points as you spend. Those points can then be used for rewards like airline miles or discounts on hotel stays and other travel expenses. The number of points accumulated and the value of the points vary from card to card, and so do their expiration periods and the options that they can be redeemed for. Here are five tips to help you choose the best travel rewards credit card for you:

1. Consider your credit needs and habits. While getting points towards your travel expenses may be your primary focus, make sure that you know what else you need out of a credit card. Do you need a low APR or no annual fee? Are you looking for a good introductory APR for a large purchase or balance transfer?

2. Consider what kind of reward is most important to you. Are you looking for a specific reward such as airline miles, or a reward with several redemption options? Are you most interested in rewards usable with a specific company? Which of the rewards offers has the most appeal for you?

3. Read the fine print. Make sure you pay attention to factors like the APR and any fees that might apply to you as well as the terms of the rewards program. Look carefully at how fast rewards points accumulate, what transactions qualify for rewards points, and when the points expire.

4. Compare several cards to find the best one. With a good understanding of what you want out of the credit card and its rewards program, you are well equipped to compare offers and choose the best one for you. Look at several offers to increase the odds of finding one that matches what you want.

5. Check several sources of information. The Federal Reserve publishes a survey of credit card terms every six months, and there are a wide range of websites where you can compare credit card offers and apply online. This provides you with more options to choose from.




To find and apply for a travel rewards credit card, Beth Derkowitz recommends Find Credit Cards.