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Comparing Travel Rewards Cards
By Adam Goldman

By using travel rewards credit cards you can actually earn a free ticket to any destination, as long as you can clock in an average of 24000 miles to your card, that is. All you have to do is to charge purchases to your travel rewards card: every dollar earns you one mile. In addition to this pre-requisite for travel rewards card, there are also other benefits to using travel reward credit cards. It's best that you evaluate these elements when deciding the travel reward card that will best fit your needs.

0% Annual Percentage rate

One of the most common rewards offered by credit cards is the 0% annual percentage rate. This means that you will not be charged any interest on your outstanding...
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In the News
Credit card fees make the rich richer, study finds
Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday. Read More ...

Credit card fees: Would capping them really help consumers?
Credit card fees and rewards programs help the rich and hurt the poor, according to a recent report. But experts disagree whether a cap on fees would solve the disparity. Read More ...

Do Credit Cards Siphon Money From the Poor to Rich?
A recent study published by the Federal Reserve Bank of Boston paints a revealing portrait of "reverse wealth distribution" perpetrated by credit card companies. Together, rewards programs (which encourage cardholders to buy frequently to rack up points to get cash back) and merchant fees (a 1-2 percent transaction fee imposed on credit card purchases) combine to create a consumer environment ... Read More ...

 
 
 
 
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