5 Benefits of Using a Credit Card for Frequent Travellers

Updated on: 03 Jan 2024 // 4 min read // Credit Cards
Author :(466 posts)

In the present world, travelling is no longer merely a necessity. There are many people who travel for leisure, and then there are those who travel for satisfying their innate wanderlust. Of course, moving for usual reasons such as meeting friends and family, and accomplishing business goals is also growing at a rapid pace, owing to the increased connectivity and enhanced ease of travel. Regardless of the reason, if you happen to be an ardent traveller, you may benefit from owning a Credit Card that is designed to complement your spending habits.

In fact, some of the best credit cards not only prove to be useful while booking flight tickets but also ensure ease of payment and access to various discounts in lounges as well as concierge services. Moreover, every purchase you make will entitle you to receive some reward points or flyer miles. Of course, to enjoy these perks, you will need to pay an annual fee towards your card. However, if you use the card judiciously, the benefits will always outweigh the price you pay. Here are some of the most remarkable advantages of using a Credit Card especially offered for frequent travellers:

1. Flyer Miles

As mentioned above, making payments or purchases through your Credit Card will help you earn reward points or flyer miles. Once received, you can then redeem these points when you book flights. These miles can also be used to upgrade your bookings from economy class to business class. If you use the card meticulously, you will be surprised to find that most of your travel bookings can be easily made by spending no or little money!

2. Travel Insurance

As a frequent traveller, you may be familiar with the inevitable need for travel insurance for every trip that you take. More often than not, the protection can prove to be a costly affair, and force you to stretch your budget. However, with a carefully chosen Credit Card, you can always rest assured of enjoying the critical feature of complimentary travel insurance. One such card is Citibank Credit Card. Besides, many Credit Cards for travellers also offer other forms of consumer protection including but not limited to:

  • Rental Car Insurance
  • Purchase Protection Insurance
  • Extended Warranty Insurance

Thanks to this feature, you can now conveniently travel around the world, without worrying about the risks such as accidents, wrongful purchases, lost luggage, and so forth.

3. Consumer Protection

In the world of digitisation, phishing attacks and Credit Card scams have become more rampant than ever before. Thankfully, almost all reputable Credit Card companies now offer complete protection against frauds, thereby ensuring that your money is safe from any unsolicited purchases made by cheats and forgers.

In case of any suspicion of fraudulent use of your card, you can conveniently get in touch with the customer care centre of your Credit Card company, and your grievance will be resolved at the earliest. Not only will this small step save you from being robbed of your money, but will also entitle you to receive a new card, for added security in future transactions.

4. Convenience of Payments

We are growing at a rapid pace to become a cashless economy, and almost every vendor or online portal that you shop from now readily accepts Credit Cards. This eliminates the need for making cash payments, now and then. Moreover, Credit Cards also phase out the need for carrying large bundles of cash during international travelling, thereby accentuating your convenience. And yes, when there is no cash, there is no possibility of theft. Hence, carrying a card can help you enjoy your vacation much more freely than money ever can.

5. World Wide Use

Almost every card can be used in all the leading economies of the world. This will make it exceptionally convenient for you to swipe your card wherever is it that you choose to shop. And that’s not all. Since, you are swiping the card, or offering the card details online; you don’t even need to go through the hassle of getting your cash exchanged for local currency. Given that most Credit Cards offer great deals on the exchange, you won’t even need to worry about getting dealt a bad hand. Generally, they can be used to make payments at retail shops, hotels, car rental services, and flight bookings, amongst other establishments and service providers. While you will be charged a transaction fee every time you swipe your card, but the convenience that comes along with the same is entirely worth the price you pay.

Now that you are aware of the incredible Benefits of Travel Credit Cardswait no more before you apply the same. Your bank or credit card company will be more than delighted to offer you a card that helps you meet your travel needs in the most effortless manner possible!

Also Read:  Can I Convert an Outstanding Amount of Credit Card into EMI?

To apply online for Credit Cards, Secured Loans and Unsecured Loans, visit www.mymoneymantra.com, the leading online lending marketplace that offers financial products from 60+ Banks and NBFCs. We have served 2 million+ happy customers since 1989.

Credit Card