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Reply to "What's the best credit card for travel rewards? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Travel rewards are worthless. Points under so much inflation pressure they devalue. Get cash rewards. I think nerd wallet has a good finder. Quicksilver from cap1 looks interesting[/quote] Stupid reply. I did a round trip flight to Europe last year in business for $90 as a sign on bonus to a card. The year before that I did two round trip business flights to Thailand, with stopover in NZ (1 week) and Hawaii (1 week) for about $1,000. In December I'm going to Ecuador with a stop over in buenos aires, first class all legs. [/quote] So what's the card? [/quote] It's a combination. You have to play the game. For instance , last year my wife and I each got a BA card with 100k mile bonus just for signing up. That got us 200,000 miles. There was also a special promotion on conversion of miles last year with delta, so I was able to transfer AMEX points and roughy double them. One pass, and the other alliances let you do all sorts of things if you are clever (I.e pool points). Try reading the "above the wing" blog for a starter. [/quote] Yeah, yuck. They are credit card churners.[/quote] Yes if you have time to shuffle cards and rewards, an don't mind the dings to your credit from churn this is a lucrative hobby. But if you are young enough that you need credit for houses, cars, etc this can adversely affect your credit and this you'll pay in high rates when you get a real loan (vs credit card) If you are just looking for one card and simplicity, cash is way to go flight rewards are worth generally less than 1% reward unless you can snag ridiculous promos like PP [/quote] +1 agree[/quote]
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