Credit Cards for Free Travel & Cash Back

Before I was the doctor of credit card rewards, I used one Chase credit card for pretty much everything. With a typical credit card bill of $4,000 to $5,000 a month, I was rewarded with $40 or $50 worth of points every month and I thought that wasn’t bad.

When I shopped at Amazon, I got triple the usual points, and there used to be some other perks, like using $250 worth of points for a flight worth up to $400. I knew the ins and outs of the one card’s benefits pretty well, and I did my best to get the most value I could for my points.

Since then, I’ve done much better. You should get at least 2 cents back in value on every dollar you spend on a credit card. You can do that with one no annual-fee card (Wells Fargo Active Cash Card — compare this card to others), and there are ways to get even more value with travel rewards redemptions and categorical spending on other cards we’ll discuss below.

Another way think about it is that, for a high-income earner, $10,000 in free travel is like getting an $18,000 raise.

I have acquired a number of different credit cards, of course, but I can easily meet the minimum spending requirements in a month or two, and when you have a system to track your cards, it’s not difficult to manage. And I’ve got just the thing you need.

Check out Top Credit Cards & Limited Time Offers

Swipe Up to Read This Full Post

There are so many details you don't want to miss.

Other Stories

Student Loan Advice 

Risks of Not Retiring Early