Friday, August 19, 2022

Which Airline Credit Card Is Best

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American Express Aeroplan Reserve Card

Best airline credit card for beginners #shorts
  • $599 annual fee
  • Earn up to 90,000 Aeroplan points as your welcome offer
  • Earn 30,000 Aeroplan points and a Buddy Pass after spending $3,000 in purchases within the first three months of cardmembership
  • Earn 5,000 Aeroplan points for each monthly billing period in which you spend $1,000 in purchases on your card for the first twelve months of cardmembership
  • Earn 3 Aeroplan points per $1 spent on eligible Air Canada and Air Canada Vacations
  • Earn 2 Aeroplan points per $1 spent on dining and food delivery in Canada
  • Earn 1.25 Aeroplan points for every $1 spent on all other purchases
  • Unlimited free access to Maple Leaf Lounges in North America for you and a guest
  • Complimentary Priority Pass membership
  • Free first checked bag, priority check-in and boarding for the primary cardholder and up to 8 companions on the same reservation
  • Preferred pricing on Aeroplan redemptions
  • Annual Worldwide Companion Pass when you spend $25,000 in net purchases prior to your card anniversary date
  • American Express offers and experiences
  • Frequent Air Canada travellers should take a look at the American Express Aeroplan Reserve Card. Although it has an annual fee of $599, you get unlimited free access to Maple Leaf Lounges in North America and your first checked bag free. In addition, you get preferred pricing when redeeming flights with your Aeroplan points.

    Are Airline Credit Cards Worth It In 2021

    If you travel frequently and tend to fly the same carrier each time, a good airline credit card could help you earn loyalty points faster. They could also entitle you to benefits that make flying more enjoyable or cost-effective, like priority boarding, a free checked bag, elite status and upgrades, when available.

    While travel restrictions are starting to lift, you still may be traveling less as a result of a pandemic. Its important to carefully consider how often you plan to fly within the next year or so before deciding on whether to get an airline credit card.

    Of course, if the card has no annual fee, we say its a no-brainer. While youre waiting around for more destinations to fully open up, you may as well be accumulating points or miles to fund your future getaways. If the card has an annual fee, you have more to think about, but the logic is the same. As always with an annual fee card, you should make sure that your estimated yearly rewards value is greater than the cost of the annual fee. If thats the case and youre OK with delayed gratification, theres no reason not to start earning points and miles while you wait for travel restrictions to be lifted.

    What Are The Best Airline Miles Credit Cards For Free Flights

    The average number of airline miles you need for a free flight depends on the airline you choose to fly with, your destination, and when you decide to travel. Keep in mind there are no completely free flights, even if you use your points. Youll still have to shell out the cost of taxes and any applicable fees imposed by the carrier. The best airline miles credit cards help you book free flights faster.

    Heres what you need in regards to points for free flights, based on some of the biggest U.S.-based airlines.

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    What If You Fly More Than One Airline

    Some travelers live in cities dominated by a single airline, and their credit card choice may be obvious. But others live near smaller airports without an airline hub, or airports with healthy competition, and they tend to book flights on numerous airlines. Those who live in urban hubs like New York City, Los Angeles and Washington, D.C., enjoy extensive airline service to multiple airports.

    If you fly more than one airline, then there will be a broader variety of airline credit cards that might work for your needs. Here are some things to consider when choosing which airline to earn miles with:

    Best Credit Cards For Flights: Chase Sapphire Reserve

    Best Airline Credit Cards of 2019: Flight with Miles The ...

    The Chase Sapphire Reserve® isnt one of the best travel credit cards for beginners, but its one of the best credit cards for miles and premium perks. Its 50% travel redemption bonus makes the ongoing signup bonus worth more in award travel because each point is worth 1.5 cents each. This is one of the highest redemption values for credit card rewards points.

    New Chase Sapphire Reserve® cardmembers can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening, worth $900 toward travel when redeemed through Chase Ultimate Rewards®.

    This is one of the best credit card offers, but the Sapphire Reserve does have a high annual fee.

    Cardholders can also enjoy an annual $300 travel credit. Chase is helping cardholders maximize their $300 travel credit when they are not able to travel. To ensure cardmembers can take full advantage, gas and grocery have been added as qualifying purchases, through Dec. 31, 2021.

    Plus, earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases. There are also zero foreign transaction fees.

    When your points are worth more than 1.5 cents each by transferring them to an airline, pursue this option.

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    Best For Earning Points From Airlines

    Citi Prestige® Credit Card

    • Pros and cons

      Pros

    • Rewards. Earn 5x points on air travel and restaurants, 3x points on hotels and cruise lines, and 1x points on everything else.
    • Signup bonus. Earn 50,000 bonus points after making $4,000 in purchases within your first 3 months.
    • Travel credits. Enjoy $250 in travel credits each calendar year.

    Cons

    • Annual fee. This card requires a hefty $495 annual fee to own.
    • High penalty APR. Miss a payment and you could face a penalty APR of up to 29.99% variable.
  • More details
    Welcome Offer50,000 points after spending $4,000 in the first 3 monthsNow, through December 2021, supermarket and restaurant packages will also count towards the $250 Travel Credit
    Estimated welcome offer value$850 based on Finder’s valuation
    Rewards
    • Pros and cons

      Pros

    • Signup bonus. Earn 50,000 American Airlines AAdvantage bonus miles after you make $2,500 in purchases within the first 3 months of account opening.
    • Rewards. Earn 2x miles on eligible American Airlines purchases, on gas station and restaurant purchases. Earn 1x miles on all other purchases.
    • American Airlines perks. Get first checked bag free and preferred boarding on American Airlines itineraries, plus 25% savings on eligible in-flight food and beverage purchases, and a $125 flight discount when you spend $20,000 or more in a cardmembership year.

    Cons

    Whats changed in 2021

    Compare all airline credit cards

    United Explorer Card: Best For United Flyers

    If youre a United fan, the United Explorer Card comes with no annual fee for the first year, then a $95 fee starting in the second year, allowing you to essentially try out the card for no cost while determining whether or not the card works well for your spending and travel habits.

    Youll earn 2 miles for every dollar you spend on United with the United Explorer Card, as well as at restaurants and on hotel stays booked directly with the hotel, plus 1 mile per dollar on everything else. Thats not bad, but keep in mind that the Chase Sapphire Preferred earns 3 points per dollar on dining and 2 points per dollar on all travel, and you can transfer Chase points to United.

    Thats why the real reason to have the United Explorer Card is getting perks when flying on United. Youll receive priority boarding and earn 25% back on in-flight purchases when youre on a United flight, and you can check your first bag for free . Youll also receive two United Club lounge day passes per year.

    Those looking to earn United elite status can also get 500 Premier Qualifying Points for every $12,000 spent on the card, up to a maximum of 1,000 PQPs per year. And youll also be reimbursed up to $100 for a Global Entry or TSA PreCheck membership application fee, which is a nice benefit on a travel card that only costs $95 a year.

    Related: Earn up to 80,000 bonus miles with these United Airlines credit cards.

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    Best Airline Credit Cards From Our Partners

    Our pick for

    Flexible redemption + big sign-up bonus

    Pros & Cons

    Product Details

    It’s not a branded airline card, but the Chase Sapphire Preferred® Card works a lot like one and is in some cases better. You earn elevated rewards in several popular spending categories, including travel and dining. Plus, the points are more valuable and more flexible than many airlines’ frequent flyer miles.

    It’s not a branded airline card, but the Chase Sapphire Preferred® Card works a lot like one and is in some cases better. You earn elevated rewards in several popular spending categories, including travel and dining. Plus, the points are more valuable and more flexible than many airlines’ frequent flyer miles.

    Pros

    • You earn 5 points per $1 spent on all travel purchased through Chase Ultimate Rewards® 3 points per $1 spent on dining , select streaming services, and online grocery purchases 2 points per $1 spent on travel not purchased through Chase Ultimate Rewards® and 1 point per $1 spent on other purchases. Points are worth 1.25 cents apiece when redeemed for travel booked through Chase any travel, with any airline or hotel. You can also transfer them at a 1:1 rate to several airlines frequent-flyer programs, including United, Southwest, JetBlue, British Airways, Air France/KLM and Virgin Atlantic. Plus, the card comes with a generous sign-up bonus.

    Cons

    $0 intro for the first year, then $99

    Rewards rate

    Pros & Cons

    Product Details

    Pros

    Cons

    Our pick for

    Pros

    What’s The Difference Between Airline Credit Cards And Travel Rewards Credit Cards

    Best Airline Credit Cards

    Airline credit cards earn you miles in a specific frequent flyer program, such as JetBlue TrueBlue or United MileagePlus. These airline co-branded cards are best for travelers who are loyal to one airline, because your main option for using miles will be for flights on that airline or its partners.

    Earning both frequent flyer miles and credit card points is a great strategy if you want the most flexibility in redeeming rewards.

    Travel rewards cards, on the other hand, earn transferable points rewards that you can transfer to a variety of airline and/or hotel partners. With travel rewards cards, you aren’t locked into using your points with only one airline, but you also won’t get airline-specific benefits like a free checked bag or priority boarding.

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    Scotiabank Passport Visa Infinite Card*

    Instead of focusing on the best sign-up bonus or the highest earn rate, some travellers prefer a credit card they can think of as a kind of partner on their journeys. Thats where the Scotiabank Passport Visa Infinite Card comes into play: It was clearly designed for world travellers.

    The card comes with no foreign transaction fees, so youre saving money whenever you make a purchase in a foreign currency. You also get six free airport lounge passes each year, travel insurance and a sign-up bonus . This card is a great option for people who want just one credit card they can use at home and abroad without many worries, while taking advantage of the variety of travel benefits included. Another bonus: Visa card users can be assured of wide acceptance, wherever they are in the world.

    How To Transfer Credit Card Points To Airline Miles

    Not all types of credit card points can be transferred to airline miles. Some of the most popular transferable currencies include Chase Ultimate Rewards points, American Express Membership Rewards points and Citi ThankYou points.

    Each transfer partner will have a slightly different set of instructions, but in general you can transfer credit card points to airline miles via your credit cards awards page. Make sure you have your frequent flyer number handy in order to complete the transaction.

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    How To Choose A Travel Credit Card

    With Canadians enjoying more choice thanks to an ever-growing array of travel credit cards, it can be overwhelming to figure out how to pick the one that works best for you. Luckily, by educating yourself about a few key features, it can be easier to select the card that matches your needs and spending habits the most. Here are some important things to consider:

    Sign-up bonus

    • While bigger is generally better when it comes to sign-up bonuses, consider whether the card is the right fit for you in the long run. Simply put, dont let an offer alone sway you into picking a particular card since youll likely keep it even after the offer ends.
    • Youll also want to get familiar with the terms of the sign-up offer, as you may need to hit a minimum spend within a specific time frame in order to qualify for the bonus .

    Earn rate

    There are two kinds of earn rates:

    • 1. A flat earn rate that offers the same number of points across the board for all types of spending ideal for those who prefer simplicity and whose spending doesnt skew to particular categories.
    • 2. Bonus earn rate that offers a higher return on specific categories like gas, groceries, or dining. To maximize rewards, you should ensure that any revved-up bonus categories match your spending patterns.

    Flexibility

    Perks and benefits

    Annual fee

    Eligibility requirements

    Types Of Credit Card Coverage

    These are the airline credit cards offer the best bang for ...

    Many of the best travel credit cards in Canada offer more than a dozen types of insurance, ranging from hotel burglary to trip interruption and delayed baggage coverage. The card and coverage that works best for you will depend on your travel needs. Heres a look at some of the main types of insurance.

    • Out-of-Province travel emergency medical

    While your provinces healthcare plan will generally cover doctor and hospital visits within its borders, most provincial plans cover very little for medical issues when you venture outside within Canada or internationally. Thats where out-of-province travel emergency insurance comes in.

    This insurance will cover claims for any injuries or illness up to a certain amount usually around $1 million.

    Take note that pre-existing conditions usually wont be covered. Age plays a large part in emergency medical coverage too. For those under 65, some cards may cover as much as 20 days or more. Unfortunately for those 65 and over, many insurers offer as few as four days of coverage or no coverage at all though there are exceptions.

    As this is the most crucial and expense-offsetting kind of insurance most travellers will need, its essential to contact your credit card company to ensure youre fully informed about what conditions are covered or excluded.

    • Travel accident coverage
    • Travel Interruption / cancellation coverage

    Trip cancellation and trip interruption insurance are slightly different.

    • Flight delay insurance

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    Best For Elite Status: Delta Skymiles Reserve American Express Card

    If youre after elite status and put a significant amount of spending on your credit cards, this one cant be beat. For a limited time through November 10, 2021, its offering 80,000 bonus miles plus 20,000 Medallion Qualification Miles toward elite status after spending $5,000 on purchases within the first three months of account opening.

    In addition, you can earn 15,000 MQMs after you spend $30,000 in purchases on your card in a calendar year, up to four times, meaning you could earn up to 60,000 MQMsenough for mid-level Gold status without even flying.

    This card gets you into Deltas Sky Clubs when flying the airline, and earns three miles per dollar on Delta purchase and one per dollar on everything else. Its annual fee is $550.

    Additional Chase Sapphire Preferred Perks

    Some of the additional new exciting perks worth mentioning are:

    • Unlimited deliveries with no delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with a DashPass subscription from DoorDash. This is worth over $100 value. But, you must activate your card by December 31, 2021.
    • Earn 5x points on Lyft rides, through March 2022

    Additionally, cardholders can earn up to $60 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021. Cardholders dont need a Peloton bike or treadmill to take advantage of the digital membership that includes 1,000s of on-demand or live fitness classes. Also to note, new Peloton Digital Members are entitled to a 30-day free trial, by visiting Onepeloton.com/ChaseSapphire and enrolling using your Sapphire Preferred card.

    Points are also worth 25% more when redeemed through the new Chase Dining hub in Ultimate Rewards, now through Sept 30, 2021.

    So if you order in and use ride-sharing programs , these additional perks are a plus. Its one of the best credit cards for eating at home.

    100,000 points bonus: Chase Sapphire Preferred® Card

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    Best For Delta Travelers

    The Delta SkyMiles Platinum Business American Express Card is designed for businesses who fly with Delta and want to enjoy some extra travel perks. The card allows you to earn 60 000 bonus miles, 5000 Medallion qualification miles, and a $100 statement credit when you spend $3000 on your first three months.

    The card comes with plenty of ways to earn miles, including:

    • 3X miles for purchases made directly with Delta or hotels
    • 1.5X miles for purchases of $5000 or more
    • 1X mile for all other purchases

    Other travel benefits the card provides include priority boarding, a free checked bag, a companion certificate, in-flight savings, no foreign transaction fees, Global Entry or TSA PreCheck, trip delay insurance, and more.

    The card has an annual fee of $250. It has a variable interest rate ranging from 15.74% to 24.74%, depending on your creditworthiness.

    Pros:

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