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The Best Credit Cards Around for Every Kind of Situation

The Best Credit Cards Around for Every Kind of Situation

Traveling can be an extremely exciting time in your life but you need to make sure that you have properly prepared for your trip so that unexpected issues don’t completely derail what might have been a great vacation.

Having a credit card specifically designed for travelers can save you a great deal of money on vacations. Of course you have to look into the payment options within your country but, in general, it is a great idea to carry one or more of theses credit cards with you when you travel.

Different cards offer different benefits. Some allow you to get great deals on flights; others are better suited to those who spend money on hotels and lodging, tourism, and traveling abroad. It is important that you conduct enough research and have a basic understanding of the different benefits that are offered by each card. Determine which benefits are going to be the most useful to you, and seek out cards that provide those benefits. Some of the better credit cards that are available to travelers include;

Chase Ink Plus – Traveling Abroad

Chase Ink Plus is an excellent card for would-be travelers. Its impressive list of rewards make it an ideal choice for individuals who travel abroad.

The card offers a wide range of perks, including an initial bonus of 50,000 Chase Ultimate Reward Points, which are worth 25% more when you redeem them for travel booked through Chase. This means that the initial bonus provided by the card could be worth as much as $625.

The card also provides a good amount of flexibility in terms of payments, along with no foreign transaction fees. To determine whether or not this card would suit your needs, consider its complete list of benefits.

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British Airways Visa Signature – Flights

The British Airways Visa Signature card is another excellent choice. The card is aimed toward travelers, offering no foreign transactions fees anywhere in the world.

The card offers a 50,000 bonus once the cardholder has made $2,000 worth of purchases within their first three months with the card. The introductory annual fee is waived for the first year, and is just $95 per year after that.

Cardholders receive 2.5 Avios for every dollar spent on British Airways, and 1.25 Avios for all other purchases made with the card. Additionally, cardholders can earn a Travel Together Ticket, good for two years during any year that more than $30,000 in purchases are made.

To find out more about the benefits of this card, read our review.

Southwest Airlines Rapid Rewards Premiere – Flights and Hotels

The Southwest Airlines Rapid Rewards Premiere Credit Card is the perfect card for travelers who are interested in earning benefits as quickly as possible.

Every dollar spent on the Rapids Reward Vista earns 1.67% back as credit for purchases with Southwest Airlines. This means that even the basic day-to-day use of the card can earn plane tickets.

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For a limited amount of time, the company is offering 50,000 points towards two round-trip flights when cardholders spend at least $2,000 within the first three months of opening an account. Additionally, each and every year cardholders receive 6,000 points. Find out more about these deals here.

Barclaycard Arrival World Mastercard – Traveling Abroad

The Barclaycard Arrival World MasterCard is one of the premiere options for those who spend a great deal of time traveling.

Cardholders can earn as many as 40,000 bonus miles when they spend $3,000 or more during the first ninety days of holding an account. This alone could save them as much as $400 off their next trip.

This card earns 2X miles on all purchases, with no mileage caps or foreign transaction fees, which makes this the ideal card for traveling abroad.

Users are also able to redeem their miles for statement credits, which can then be applied to a wide range of services including flights, rentals, lodging, and even cruises.

The Barclaycard Arrival World MasterCard is an excellent choice for those that do a lot of traveling. It offers a high reward rate, though it does require an annual fee be paid – $89 -, but that amount is waived for the first year. Learn more about this option on Impossible Travel.

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Starwood American Express – Hotels

The Starwood American Express card is certainly an excellent choice for travelers.

Cardholders can use this card towards not only purchases from Starwood but also flights from a number of airline partnerships including American Airlines, British Airways, and Virgin Atlantic, among others.

The Starwood American Express is particularly suitable for those with luxurious lifestyles who make large purchases. The base rate of rewards for the card provides one Starpoint for every dollar spent. That may not seem like much compared to others cards, but the overall value of each point sits at about 2.3 cents, which can save you a great deal of money in the long run.

Cardholders are provided with 10,000 bonus points after their first purchase, and an additional 15,000 if they are able to spend $5,000 during the first six months that they hold card membership. Cardholders also earn up to five Starpoints for every dollar spent at SPG hotels.

The Starwood American Express has quickly become a very popular card for travelers due to its wide range of different hotel-related bonuses. Find out more here.

Ink Bold Business Charge Card – Interest

The Ink Bold Business Charge card is an excellent business charge card.

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This card comes with excellent sign up bonuses, no foreign transaction fees, and a $95 annual fee. Cardholders earn over 50,000 bonus points if they spend over $5,000 in their first three months.

The card is excellent for interest, providing no interest charges when the balance is paid off in full each month. The Ink Bold Business Charge Card is therefore an excellent choice for those looking to severely limit their interest payments.

Finding the right card can be a difficult task. There are many different cards with a wide range of benefits, many of which are suitable for those who do a good amount of traveling. It is important that you examine the benefits of any card before making a final decision, so that you can ensure that you receive the benefits that you have been looking for.

Photo credit: Kaiyan

 

Featured photo credit: Kaiyan via flickr.com

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

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Featured photo credit: Austin Distel via unsplash.com

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