A mileage card can be both a bane and a boon. If youre someone who pays off the balance well in time, then a mileage card can well be your friend, but if youre not a big spender and dont have the financial resources to incur the finance charges created by not paying off your card balance, a mileage card can be quite a financial foe.
A mileage credit card is an asset to any dedicated flyer, if used correctly, no doubt. But the catch remains in the phrase if used correctly. Just because you are earning extra miles for charges on your mileage cards does not necessarily mean you have the upper hand in this game. If you dont look closely, it just might be a more expensive proposition than you first anticipated.
What Is So Different About A Mileage Card?
A mileage card is one amongst the bewildering array of ways to earn, and spend, credit card rewards that savvy consumers are being offered these days. A mileage card will convert miles earned for purchases into hotel stays or restaurant meals. A mileage card also enables you to use these miles where you stay, and then earn extra miles yet again.
The Pros of Mileage Cards
Whats a bigger plus to...