Traveling with a Credit Card is more advantageous than traveling with Cash for one simple reason: Loss of Cash is immediate and permanent, where as unauthorized charges, loss of Card can be dealt with after the fact.
So what are the most important basic things that we look for in Credit Card?
1) Points that can be converted to air miles or hotel points.
2) No foreign Transaction fees.
I personally have a wide variety of cards based on my travel needs.
For domestic travel – i have my Hyatt visa signature card.
At present it has 0 USD annual fee and 73 USD per year after the first year.
2 Free nights when you sign up. this is very good deal for international travel. Say for instance you want to travel to Paris in December. And you want to stay at the Park Hyatt Paris-Vendome a category 6 hotel of Hyatt. it will cost you 812 USD per night. You can stay two nights for free!
5000 points can easily get you a Orlando hotel (3-4 stars) hotel with Hyatt. I presently have around 40,000 points which can use it for 8 free nights at any Hyatt in the USA
One bonus night free every year (this will take care of the annual fee)
With the Signature class from Visa – the benefits are huge (Roadside Dispatch Rely 24 hour toll-free referral dispatch for emergency roadside assistance services like towing, fuel delivery, emergency card replacement, lost luggage reimbursement etc.). In addition to that CSP offers 1point to 1 point transfer with no transfer fees (
Transfer points to participating frequent travel programs with no transfer fees and at full 1:1 value – that means 1,000 Chase Ultimate Rewards points equal 1,000 partner miles/points. Travel programs include British Airways Executive Club, Korean Air SKYPASS, Southwest Airlines Rapid Rewards®, United MileagePlus, Virgin Atlantic Flying Club, Amtrak Guest Rewards, Hyatt Gold Passport, Priority Club Rewards, Marriott Rewards and The Ritz-Carlton Rewards. ) THIS is extremely valuable. Just imagine – Air Cost is the most expensive item for international travel.
Now for the best part – Because this is holiday season – thanksgiving, Christmas, Kwanzaa, Hanukkah, festivus we are bound to spend. 40,000 bonus points with CSP if you spend 3000 USD in three months. Since my local HUB zone is United, and i plan on traveling to south Asia (United Airlines south Asian countries : Bangladesh, Bhutan, Brunei, Cambodia, Hong Kong, Indonesia, Laos, Macau, Malaysia, Myanmar (Burma), Philippines, Singapore, Thailand, Vietnam). I can get a saver award for 65,000 points on United. That’s shaving off 800-900 dollars on my ticket. a 55-60% discount!!!