Tuesday, August 26, 2008

4 Things You Should Know about Air Miles Credit Cards

...redeem free air tickets. This is usually during the peak travel seasons such as summer time and Christmas time. The demand for air tickets is usually very high during these periods and thus redemption of free air tickets is usually not available. However, there are a few air miles credit cards that do not impose such restriction.

4. Major drawbacks

Air miles credit card usually command a higher interest rates than standard cards. If you are not able to pay entire outstanding balance in full every month, the interest accumulated can be quite substantial in a short period of time. The other drawback is that the you have to make many trips before you can accrue enough air miles to redeem free air tickets to destination of your choice.

You should treat air miles credit cards like any other credit cards and used them responsibly. You want to reap all the benefits of the card and not be a slave to it. If you use your air miles credit card responsibly, you will be able to fully enjoy its benefits with a peace of mind.more

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