Comments on: Honeymoon travel-looking for credit cards with Airmiles to earn? http://americancityrenewal.com/honeymoon-travel-looking-for-credit-cards-with-airmiles-to-earn/ Fri, 21 Jan 2011 07:49:07 +0700 http://wordpress.org/?v=2.8 hourly 1 By: dcgirl http://americancityrenewal.com/honeymoon-travel-looking-for-credit-cards-with-airmiles-to-earn/comment-page-1/#comment-205 dcgirl Sat, 04 Jul 2009 05:27:12 +0000 http://americancityrenewal.com/?p=173#comment-205 It's not as easy to redeem airline miles you earn from credit cards as the commercials make it sound. The most generous rewards programs tend to have the highest interest rates; unless you are going to pay your credit card balance in full every month, the finance charges are going to be more expensive than the tickets are worth, very quickly. Most have annual fees of $75-150 or more, too. Plus the airlines are not all that generous with the number of seats they will let be "paid for" with credit card miles. I'd recommend forgetting the mile rewards approach and look into some of the packages offered by the airlines. For example, USAirways and Northwest both offer package deals to many destinations; book your airfare and your hotel through the airline site and you save a good deal of money. That gets you a better hotel and your airfare for a smaller budget. It’s not as easy to redeem airline miles you earn from credit cards as the commercials make it sound. The most generous rewards programs tend to have the highest interest rates; unless you are going to pay your credit card balance in full every month, the finance charges are going to be more expensive than the tickets are worth, very quickly. Most have annual fees of $75-150 or more, too. Plus the airlines are not all that generous with the number of seats they will let be "paid for" with credit card miles.

I’d recommend forgetting the mile rewards approach and look into some of the packages offered by the airlines. For example, USAirways and Northwest both offer package deals to many destinations; book your airfare and your hotel through the airline site and you save a good deal of money. That gets you a better hotel and your airfare for a smaller budget.

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