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Travel credit card: What to keep in mind while choosing one

Stellar Snippets

Traveling this summer? There are several important factors to consider when choosing a travel credit card.

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1. Decide between a co-branded or general travel credit card, depending on your travel goals and spending needs.

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2. Look for a card with lucrative rewards, a big bonus, and a low or reasonable annual fee.

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3. Keep an eye out for minimum spending requirements, and make sure you can meet them to earn the bonus.

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4. Review benefits like travel insurance, rental car insurance, airport lounge access, and no foreign transaction fees.

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5. Align your card with your travel habits and preferences, like the airlines or hotels you use the most often.

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6. Choose a travel credit card that offers the maximum rewards and benefits within your budget and travel expenses.

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7. Consider the card's approval requirements and make sure you meet them before you apply.

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By considering these factors, you can choose a travel credit card that best fits your needs and travel plans.

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