If it feels as though you’re seeing a lot more in terms of credit card companies and their marketing efforts, you are. They’re gearing up for the busy travel months also known as “summer”. They’re hoping consumers are looking forward to it too and in fact, they’re banking on it.
The big question is, will consumers once again enjoy vacations or are we too concerned about the flat economy? Even if we’re not planning elaborate international getaways, most of us are looking forward to a trip to the beach or to the country for a week. There are more than a few impressive credit card offers that play right into our longing for the sand and sea and sun.
Gas Rewards Credit Cards
Of course we start with this line of credit cards – have you seen fuel prices lately? There are many credit card offers that are playing into our disbelief. There was a time when a gas rewards card might not have been everyone’s first choice, especially if they didn’t drive far or often; now, however, with the rising costs of gas, many are taking a second look at a gas rewards credit card.
If you’re thinking it might be time to add a credit card with this rewards option, consider the Discover More card. There are many perks, one of which is an intro 0% APR for the first fifteen months. After that, the variable standard purchase APR of 10.99% – 20.99% will apply. You’ll receive 5% cashback in rotating categories, including fuel purchases, and 1% unlimited cashback on everything else. Take advantage of the impressive 20% cashback bonuses when you shop online through Discover.com. There’s no annual fee, either, so this really is an attractive credit card.
This particular sector has grown in recent years and for good reason: there are few risks associated with the prepaid card dynamics. You enjoy the convenience of online bill payments and online shopping, but without the interest rates and no fear of late payments because you’ve already pre-loaded your card. You can spend only what you have available. This is also a great choice for teens, especially on vacation. What better time to teach them financial responsibility than when you’re enjoying your vacation? Kids want everything they see and with a prepaid debit card, you can use that tool to teach moderation. If the funds are on their card, fine – but once they’ve bought that fifth tee shirt and are out of money, they’re able to see what you’ve always said about there being consequences.
We like the READYdebit Visa Prepaid Card. It’s a first choice for many parents looking for the right teaching tool for their teens or young adults. Plus, many adults like this choice because of the convenient option of mailing checks to anyone via the website. Direct deposits are free and you’re automatically enrolled in the card carrier’s credit builder, which is always good if you’ve had credit problems in the past. Approval is guaranteed and no worries about credit checks, either.
Hotel Rewards Cards
Have you considered Capital One recently? The Capital One Venture rewards card offers a lot, including two miles for every dollar spent – and that means every purchase, every day. The opportunity to earn 10,000 bonus miles is another benefit these card holders enjoy. The Capital One Venture Rewards card was named Money Magazine’s
Most Rewarding Card if You Crave Free Airline Flights.
The affordable $59 annual is waived your first year and there are no blackout dates or other pesky restrictions such as airline limitations when you redeem your points.
Also, your miles can be redeemed for any travel expense; this lends to the versatility so many consumers are looking for. Like most other credit cards, there’s a $0 fraud liability if your card is lost or stolen, travel upgrades and complimentary concierge are part of the Visa Signature benefits and no worries about getting stranded – the 24 hour travel and emergency assistance is there to provide peace of mind – not to mention replacement cards and cash advances if needed.
Cash Back Credit Cards
Finally, we take a look at the traditional cash back credit card. These cards are used by those who have a lot of purchase activity on their accounts and who can benefit from cash back based on a percentage of what they spend.
The Visa Black Card is one of the best cards in this sector. Card users have access to 24 hour concierge services, travel lounge priority passes, no blackouts or restrictions and 1% cash back on all purchases. The introductory six month 0% APR is nice, though there is a $495.00 annual fee.
Of course, these are just a few of the great offers credit card companies are using to gain you as a customer and using their cards after the summer months are a memory. The trick is finding the right card with the right benefits. It’s always good to do your research, including carefully reviewing any offer’s terms and conditions.