Travel has resumed like never before. Post COVID the pent-up demand has sent people to the roads and to the skies. Along with the demand have come the higher costs. One way to offset those costs is to look for every possible deal and offer that the credit card rewards programs can provide. Here are the key rewards to look for:
1. Sign up Bonus
With sign up bonuses look for the redemption value. For example, 60,000 points or miles which usually translates to a value of $600 in actual dollars, maybe more valuable than 15,000 or even 25,000 actual airline miles which offer a short or long-haul trip. Often with airline miles there is still a hefty tax to pay.
At RateMyRewards.ca we like flexible reward programs where your points can be redeemed for a variety of things – from flights to gift cards. One such program being the American Express Membership Rewards® program where you can transfer your points to Aeroplan at one to one or redeem for a variety of other benefits.
2. Points Accumulation
Look for reward programs that offer you faster accumulation or basically more for your buck. For example – if you purchase travel, or gas, or groceries (depends on the card) you can receive 3 to 5 times more points for each dollar you spend. That is good for you, because the faster and more you can accumulate the sooner you can redeem for items you want the most.
3. Lounge Access
If you travel a few times a year you know the value of premium lounge access. Not only does it offer unlimited food and drink, including alcohol and free internet- it also offers a refuge from the overcrowded general seating areas. Most lounge access passes cost $30.00+ per person per visit, so look for a credit card rewards program that gives you unlimited access. The American Express® Gold Rewards Card offers four (4) complimentary Plaza Premium* Lounge Passes
4. Concierge Service
They say you get what you pay for- we say get the best value for your dollars! Often the premium credit card products which come with a fee, offer tremendous reward packages. The American Express Platinum Card® offers personalized concierge services, anytime, day or night, to help you with travel plans, reservations at your favourite spots or with finding the perfect one- of- a- kind gift.