Miles Credit Cards: Getting The Most Out Of A Frequent Flyer Credit Card
Airline miles credit cards are among the most popular types of rewards credit cards. However, only a handful of frequent flyer miles credit cards provide great rewards and value. The reason for this is quite simple: most airline specific credit cards charge astronomical annual fees and high interest rates. Now, if you travel often and spend more than $10,000 a year, just about any airline credit card will earn you miles. However, if you want to get free miles, airline flexibility, and save money on interest and annual fees, there are only four miles credit cards you should consider: The Miles Card from Discover, The Value Miles Platinum Visa Card, American Express Blue Sky and the Citi PremierPass. Here, we will examine all four cards. First, however, we will examine the average airline specific credit card.
The lure of the “average” airline specific frequent flyer credit card is the bonus mile offering. Who wouldn’t want 15,000 miles? In addition to the substantial free miles offered, the average airline credit card also waives the annual fee during the first year. The...