When looking for a rewards credit card you need to know that not all rewards are the same. First there are credit cards issued through the airlines that are tied into the airlines frequent flyer program. Then there are rewards credit card that offer a variety of rewards including airline tickets. AIRLINE CREDIT CARDS: One of the first differences is that Airline Credit Cards typically charge an annual fee. They also typically have a higher APR ( Annual Percentage Rate ) than a Bank Rewards Card. But as we said earlier,pay your balance off monthly and avoid those interest charges. On the upside they usually give you a milage bonus of between 15,000 to 30,000 miles. You receive a certain number of miles when you apply and are approved for the card and the remaining miles once you have had a certain dollar amount in charges. This amount is typically very low. If you are flexible, 25,000 will get you a round trip ticket within the continental United States. Your airline f...
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