Travel Reward Credit Card has become very popular among the credit card holders because it tickles the soft corner for travel of every person. It offers its customers with a free travel to a pre-specified destination. This reward is given to the customers on the basis of the accumulation of reward points. Every time a Travel Reward Credit Card holder uses the card for purchasing goods and services, he earns some points based on the purchase amount. If this reward point accumulates up to a benchmark level then he is entitled to get a free travel.
Some of the incentives offered by the Travel Reward Credit Cards are :-
- Travel Point Card
This incentive gives a customer the facility to earn 1 point on every expenditure worth one dollar. The accumulated travel points can be redeemed through a travel agent.
- Airline Mile Earning Card
This incentive gives a customer the facility to earn an extra mile of airplane journey on every expenditure of a dollar.
- Hybrid Card
This incentive gives a customer the facility to earn a point on every expenditure of a dollar. The accumulated travel points can be redeemed either opting for extra airplane mile journey or through travel points. For this reason this is known as a hybrid card.
Some of the additional incentives associated with the Travel Reward Credit Cards are :-
- Travel Companion Certificate
- Waiver of the annual fees
- The introductory annual percentage rates are either 0% or very low
- The time taken for applying, processing, and verification of the Travel Reward Credit Card varies from instantaneous to few weeks
- Coverage of travel insurance to the customers
- Attractive holiday packages are also offered to the high end users of the Travel Reward Credit Card
Some of these cards are Blue Sky (American Express), Citi PremierPass Card, Chase Travel Plus Platinum Visa Card, etc.
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