| There are many incentives for taking out a new | | | | signed up, all you have to do is spend as usual to |
| credit card. Long term low interest rates are | | | | earn air miles. |
| attractive. So too are 0% balance transfer and | | | | Additional Travel Rewards |
| purchase rates, but these only last a short time. | | | | Many of the credit card companies that offer miles |
| However, there are other rewards that last for the | | | | also offer other travel related rewards. These include |
| life of the credit card and that are attractive to most | | | | travel insurance and other rewards to be applied to |
| credit card purchasers. One of these is the air miles | | | | travel. Some companies do not offer this scheme, |
| scheme. | | | | but offer an equivalent travel points scheme. This |
| What Are Air Miles? | | | | works on a similar basis to the air miles scheme. |
| The Air Miles scheme is a loyalty scheme that allows | | | | Are There Other Incentives For My Air Miles Credit |
| customers to collect points for everyday purchases | | | | Card? |
| from a number of high street and online retailers. | | | | Since many air miles credit cards are issued by banks |
| Points can also be collected on travel, hotel bookings, | | | | that issue other car companies, the same advantages |
| currency exchange and travel insurance. These can | | | | may apply to new card holders. Some air-miles cards |
| be spent on travel to different destinations. Different | | | | offer 0% on balance transfers and purchases for up |
| points totals are needed for different destinations, | | | | to nine months. Others offer a low rate of interest |
| depending on the distance from the starting point, | | | | on transferred balances for the life of the balance |
| the time of year and what deals are available. For | | | | transfer. These offers will appeal to people who |
| example, going to Paris requires about 400 miles, | | | | want to earn travel incentives and clear debt at the |
| while travelling to Sydney requires about 4,000. | | | | same time. |
| How Can I Earn Air Miles With My Card? | | | | It's worth paying attention to the interest rate on |
| Earning air miles with a credit card is very simple. First | | | | the credit card. Some credit cards offer competitive |
| of all, sign up for a deal that offers air miles as a | | | | interest rates which will appeal to most credit card |
| reward. There are several of these offered by | | | | users. However, others have high interest rates and |
| different companies. Card companies that offer this | | | | some have balance transfer fees. Balance transfer |
| reward scheme include Nat West, Royal Bank of | | | | fees are fees charged by credit card companies |
| Scotland, Cooperative Bank, Morgan Stanley and | | | | when people transfer balances to take advantage of |
| American Express. Some card companies offer their | | | | preferential rates. The balance transfer fee makes |
| own travel schemes, such as the one done in | | | | credit card jumping less attractive and helps credit |
| conjunction with British Airways. | | | | card companies to make some of the interest they |
| Some card companies require you to sign up | | | | would otherwise have lost. There are still credit cards |
| separately with the air miles scheme. The advantage | | | | without a balance transfer fee, so it's worth shopping |
| of this is that you can earn miles with other retailers | | | | around for these. |
| even if you are using a different card. Once you've | | | | |