One of the reason folks love luxury travel cards is because of all the perks they can get their hands on. Credit cards are by far the most preferred financial tool in the market as they are easy to use. They also provide more of a sense of security among users instead of carrying cash.
In terms of perks, travel perks are some of the most common perks that credit cards offer. In most cards, you can earn points that can easily be redeemed for air miles.
When it comes to luxury travel cards, you earn exclusive luxury perks. And there are a number of cards that are known for providing these perks to their cardholders. Here are some of the most common perks that are shared by these cards.
Travel Insurance
When you pay for your travel entirely using a luxury travel card, you qualify for the company’s travel insurance. For most of these cards, the cardholders gets to enjoy up to $1 million in coverage for their travels. The travel insurance offered by luxury cards typically include medical coverage and accident coverage.
Intro Bonus
Another aspect that the luxury cards seem to share is the high introductory bonus. For example, the American Express Gold Card offers you 75,000 points as a signing up bonus if you meet the spending requirements. These points can be easily used for airfare or merchandise purchases.
Airport Lounge Access
One of the key and unique perks that come with luxury travel credit cards is access to airport lounges. Relax in a quiet space while awaiting your flight and enjoy the amenities that come with this exclusive space.
Restaurant and Hotel Perks
Luxury travel cards often come with perks such as room upgrades if you use the card to pay at specific hotel chains. You can also get free breakfast in some hotels.
When you spend at restaurants while on your travels, you earn rewards on every dollar spent.
Annual Airline Credit
Another perk that these types of cards tend to share is an annual airline credit. This airline credit can be used towards the cost of airfare for one trip, often up to $200 in value. Airline credit can also come in the form of a cheap pass for a traveling companion when you book using your airline credit.
This credit can also be used to purchase merchandise while on the aircraft and in the airport. In most cases, there’s a specific airline that has partnered with the card to offer this credit.
Conclusion
Luxury travel credit cards come with exclusive perks and rewards to provide comfort you just don’t get with standard cards. If you want service a little above the rest, you’ll want a luxury travel card in your pocket.
Disclaimer: All credit products carry risk. Be aware of these risks by reading the associated terms and conditions.