What Card Companies Are Offering Summer Travel Incentives
As the economy improves consumers are starting to spend again. One of the most enjoyable ways to spend is by taking your family on a summer vacation in 2016. As a way to get the most bang for your buck, some credit card companies are introducing incentives to get families to book their trips, using their credit card. Below I’ve listed in detail some of the best credit card companies, with travel incentives for the summer of 2016.
For current Example Seven credit card customers, or those looking to sign up for a new card, Example Seven has a couple different options to make your travel expense a little lighter.
First is their Example Seven Sapphire card. With this card if you spend $3,000 in the first 90 days you will receive 40,000 in reward points. What this means to you is that those 40,000 points are worth, and can be exchanged for $500 in travel costs when travel is booked through Example Seven’s own proprietary rewards program. On top of that Example Seven doesn’t charge an annual fee in the first year, and the fee is only $95 per year starting in year two.
Another option from Example Seven is their Example Seven Slate card. While the benefit is different for travelers it’s still a good incentive. The Slate card has a 15 month interest free introductory program for balances transferred to the card from other credit cards. What this means to you is that if existing debt is costing you too much to take the trip you want, transfer your balance to the Example Seven Slate card and save on those monthly payments so you can afford your trip.
MasterCard also has a couple great options when it comes to summer rewards for 2016. The Frontier Airlines MasterCard Credit Card will give you 40,000 bonus flying miles for spending just $500 in the first 90 days. The bonus miles can be redeemed for two free round trip domestic flights. The Frontier Airlines credit card also has their own proprietary website with additional incentives. Those incentives include 2 frequent flyer miles for every one dollar spend on airfare, also one frequent flyer mile for every dollar that’s spend elsewhere. There is no annual fee in the first year, and beginning in year two there is a $69 annual fee which is well below other credit cards. MasterCard also offers the IHG Credit Card, which through it’s PointBreak’s Program offers awesome hotel rewards. Spend $1,000 in the first 90 days and you’ll receive 60,000 bonus points. To put it in perspective 60,000 bonus points is redeemable for 12 free nights of hotel stay at one of their IHG Hotels.
This article was written by Steven Moore, who has been covering consumer finance and the credit card markets since 2006. You can learn more and connect at his Google+ page.