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Travel credit cards: 5 smart things to know

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2 months ago

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1.A travel credit card is specifically designed to provide benefits that are related to travel expenses.

2.These come with joining and annual fees. The rewards and benefits of the card should be more than the cost of the card.

3.Travel cards offer bonuses, like free airline tickets or hotel stays, at the time of signing up. Pick the one that is most suitable for you.

4.If Opting for foreign travel, pick a card with low foreign currency markup and zero transaction fees.

5.If there is a likelihood of cash withdrawal while travelling, check that the cash withdrawal charges are low.

Content courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.

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