Travel credit cards are popular among frequent travelers and those looking to make the most of their hard-earned money. Not only do travel credit cards provide you with generous rewards, but many of them also offer perks that save you both time and money. This article will discuss the top six benefits of travel credit cards and how they can help improve your traveling experience no matter where you go or how often you fly.
1. TSA Precheck and Global Entry Reimbursement
Plenty of the best credit cards come with free TSA Precheck and Global Entry statements. Global Entry allows pre-approved, low-risk travelers to enter a separate security line at US airports. TSA Precheck is a similar program that puts you in an expedited screening lane, allowing you to leave your shoes on and your liquids in your bag. This allows for less hassle (and lost time) at airports, which is the best perk about these programs. Reimbursement for Global Entry is $100 every five years and $85 for TSA Precheck.
2. Waived Baggage Fees
Some co-branded airline credit cards give you a discount on your first checked bag, saving you cash during a domestic or international flight, depending on how much you’re checking. Others offer a free checked bag for cardholders and up to three or unlimited companions. If you’re traveling with a significant other, family, or a couple of friends, it may be worth looking into airline co-branded credit cards.
3. Airport Lounge Access
Most airport lounges are for first or business-class passengers, but not all. Several airline credit cards grant lounge access to their members, which means you can grab a drink or bite to eat while you wait for your flight. Keep in mind that many airlines also offer their own lounges. Visit your favorite airline’s website and see if there’s an opportunity to score access before signing up for a card with airport lounge access.
4. Trip Delay, Interruption, or Cancellation Insurance
The travel protection plan offered by many credit card companies will reimburse you for non-refundable expenses and provide additional coverage if your trip is interrupted by an accident or illness.
They’ll also compensate for areas like medical transportation and lodging, which could come in handy if your trip is interrupted, delayed, or canceled. For example, if your flight is canceled and it costs you more to book a new flight for a later date, these plans can reimburse you for those additional expenses.
5. Lost or Damaged Luggage Coverage
Many airlines don’t pay a penny toward lost or damaged luggage, but travel credit cards can recoup your losses by making a simple phone call. With most cards, all you have to do is show documentation for your purchases and that you bought your bag at an eligible retailer. Your reimbursement might be in cash or a statement credit; some companies will even send a gift card. Either way, it’s better than accepting no compensation at all.
6. Airline Fee Credits
Many airlines charge pet fees, baggage fees, entertainment fees, and drink fees, which can be overwhelming. Fortunately, many travel credit cards offer airline fee credits to reimburse you for fees charged by a specific airline.
A travel credit card has all of the features of an ordinary credit card, with the added benefits of free rewards earned from various purchases, such as airfare, hotel stays, and car rentals. Whether you’re a frequent traveler or looking to afford travel in your 20s, finding the right travel credit card can help make your experience more enjoyable and save you money in the long run.