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Miles Credit Cards – Strategies to Accumulate Miles
Home Finance Loans / Lease
By: Robert Alan Email Article
Word Count: 794 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

Put simply, miles credit cards allow cardholders to earn points for every dollar charged on the card. The accumulated points can be redeemed for reduced or, in some instances, free airfare. There are many promotional offers and some cards offer more points than others. To entice the customer, certain miles credit cards offer no annual-rate, no APR fees, additional bonus miles with new sign-ups, balance transfers at reduced or no interest rate for a certain period as well as no blackout date for miles redemption.

Credit card companies have also come up with affinity card programs that allow cardholders to collect airline miles with purchases at some of their most preferred retailing outlets and merchants. This lets cardholders add more miles at a faster rate with purchases from their favorite retailers. On the downside, these cards tend to have high annual fees and interest rates.

Frequent flyers tend to be mostly business travelers, who travel often due to work. However, careful planning can help normal travelers to accumulate good miles. Some tips to accumulate miles at a fast rate are:

1) Utilize Partner Services - Miles cards normally have tie-ins with car rental companies and hotels as part of their marketing strategy that also provide mileage points accumulation. Using these car rental companies or hotels and charging them to the miles card will also help to increase the points accumulated by using necessary travel expenditures.

2) Vacation or Tour Packages - Miles credit cards offer vacation or tour packages to encourage customers to travel and thus to increase demand for their airlines. Once again, by utilizing these vacation or tour packages, cardholders can accumulate more mileage points on the card per trip, earning more points while vacationing.

3) Non-frequent Travelers - For less frequent travelers, it is better to charge any travel related expense to the miles card when you travel. The travel related expenses could be anything from buying souvenirs, groceries, fuel while in a different location, etc, which also helps to accumulate additional miles on the card.

4) Affiliate services - Some miles card programs partner with a network of allied airline carriers. Examples of these kinds of network alliance services include the Star Alliance or Flying Blue programs. If your preferred airline does not fly to the location that you desire, try to choose from another airline that is part of the alliance network, giving cardholders yet another opportunity to accumulated miles.

Most miles credit cards have numerous benefits for frequent flyers. However, the benefits could vary, based on the specific program. Some mile cards provide additional or bonus points while making certain purchases. The points can later be traded for airline miles. Some miles credit card programs allow portability or the transfer of points to other frequent flyer accounts, and some even offer consolidation of all accumulated points to one single card. These earned miles give you free or reduced travel tickets. In addition, most of these cards also offer various other travel-related benefits, including free additional tickets, upgrade opportunities, lost baggage insurance, car rental insurance, and greater coverage amount for travel accident insurance.

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For more information on the best miles credit cards available, Robert Alan recommends that you visit CreditCardAssist.com.

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http://www.articlebiz.com/article/8346-1-miles-credit-cards-strategies-to-accumulate-miles/

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