Ripping Travel Rewards - Travel Like a Pirate on Air Miles

This article talks about Canadian travel rewards credit cards. Staying out of debt, and using those air miles to the max.

Ok, you're a Canadian Motorist and you have a few credit cards. Hopefully you don't have more than 2 cards. One for Personal and maybe one for Business. If you have more than that GET RID OF THEM. If you need more credit or you need a method to pay things off at a little lower interest rate than the credit card company's offer then be smart, Get a Line of Credit. If you don't have a business, then you could easily manage with one credit card and a line of credit.

In Canada I recommend the American Express Air miles Rewards Card, or a new card from American Express in Canada called the Blue Sky Travel Rewards Credit Card. Both these cards are excellent. They are accepted everywhere and they allow you to accumulate travel points on all your purchases.

The Reward provided by these cards really give you an incentive to use your credit card for all your basic expenses. The more you charge, the more rewards towards travel and or products you get.

If your an irresponsible spender the rewards are a bit of a trap in that you will end up with few points a full balance on your card and very little points. However if you are responsible with your credit and debts pay off your card monthly and don't carry too much of a balance these cards are perfect for you. Giddy up and ride the Amex Rewards Programs - just be sure you work it smart.

Now, that you have the card. What's the plan? Here are a few ideas to accumulate as many rewards as possible and trade them for a nice vacation every year or couple of years depending on your cash flow.

- Always pay your card off monthly.
- Purchases that will take several months to pay off should be charged to the credit card, and then at the end of the month this debt should be transferred to a line of credit or low interest loan.
- Run all your monthly utility charges through the card and pay off at the end of the month. This means your cell phone, your electricity your rent if possible, and your heat, dry cleaning, etc
- If you are on an expense account at work you can run all your personal expenses through the card also.
- In the case of the Airmiles Amex Card, you can accumulate extra miles just by shopping at selected merchants.

The methodology is endless. Shop smart have fun by getting yourself an American express rewards type credit card.

And travel on points me hearty!

Dewey Finn is a selfish pirate who likes to rip as many rewards as he can from the credit card industry. He hates to see people accumulate debt, and is a self appointed specialist in the finance field. He has written numerous articles on various topics.

Apply Now For The Amex Air Miles Rewards Card
American Express air miles application page - Safe Secure.

By Dewey Finn
Published: 10/6/2008