Traveling this summer? There are several important factors to consider when choosing a travel credit card.
1. Decide between a co-branded or general travel credit card, depending on your travel goals and spending needs.
2. Look for a card with lucrative rewards, a big bonus, and a low or reasonable annual fee.
3. Keep an eye out for minimum spending requirements, and make sure you can meet them to earn the bonus.
4. Review benefits like travel insurance, rental car insurance, airport lounge access, and no foreign transaction fees.
5. Align your card with your travel habits and preferences, like the airlines or hotels you use the most often.
6. Choose a travel credit card that offers the maximum rewards and benefits within your budget and travel expenses.
7. Consider the card's approval requirements and make sure you meet them before you apply.
By considering these factors, you can choose a travel credit card that best fits your needs and travel plans.