A couple years ago, my husband and I decided to buy a new TV. Ours was on the fritz and it was approaching the Super Bowl so TVs were on deep discount at Costco. While we hadn’t planned on this expense, between the cushion in our budget and some savings, we were able to pay for the TV out of pocket. But what if we had put this amount on a credit card?
Let’s say you’re looking for a new credit card and you’re considering a travel credit card. How do you know if it will be worth it? Is there a certain amount of travel that you should be doing to make the perks and the cost of the card worth it?
Following my recent series on credit cards, Beth asked just this question. She writes, “Every week I find I receive at least one piece of mail encouraging me to get a new credit card. I've considered a Southwest or other airline-related card that would help me accumulate airline miles, but have never felt I travel enough to justify the upfront or yearly cost associated with it (I admit I did rough math on this!). I travel maybe 4-5 times per year on an airplane. For those of us not always interested in doing the math calculations, do you have an average of how much travel would justify getting a flight miles related card?”