Applying Online for Hotel Rewards Cards
A hotel credit card is used like an ordinary point rewards plastic. You use your credit limit, paying for clothes, food, at beauty parlor or at a gas pump: the more you spend, the more hotel bonus points you will earn for redeeming.
Therefore, when choosing a hotel plastic, one should act just like when selecting a regular rewards card, evaluating the APR, the fees and the rewards program.
Nowadays, banks issue hotel plastics for a number of the most popular hotel chains. Choose a product to enjoy the advantages at your favorite hotels. Read further and learn how to gain from hotel credit cards even more.
Choosing a Hotel Rewards Card
A lucky choice is usually made after a good deal of comparing. So, prepare to spend a few minutes to make some calculations and read the terms and conditions, if needed. Choose a hotel card with best rewards like you choose a hotel with best interiors, service or location.
Before starting to contrast the hotel card offers, think of your lifestyle and spending habits. If you are in the habit of keeping the balance from the previous month, a hotel rewards plastic is not your best option, as you will have to pay much interest in this case, which in the end can outshine the points you earned.
Also, you'd better stay away from hotel plastics if you are not a regular traveler: another unnecessary card will do no good to your credit score and finance (some hotel rewards bank products imply annual fee).
Besides, it is required that you check your credit score: hotel card deals are available for consumers with good and excellent credit history.
Some hotel cards allow balance transfers, so you can move your balance onto the hotel rewarding account. For example, American Express Starwood Preferred Guest card implies no fee balance transfer, and you can pay your transferred balance at the same rate as the new purchases. But in this case, reducing your debt to zero should be the prior task, in order to avoid paying much in interest.
What a Hotel Rewards Card Really Gives You
If you compare the APRs of hotel cards presented, you will see they are around 15-17%, intro APR ranging from 0% to 4%. Introductory period for hotel points offers is six months, as a rule. So, if you are an accurate cardholder, you will be able to pay back the balances without any interest, just being happy to accumulate hotel points. Count well before application, as lower interest can sometimes be combined with less points or higher fees. Look at the rewarding system of each card to find the most advantageous product.
Banks can provide 10.000-20.000 bonus points for your first purchase, after which a wide spread scheme '1 point for each dollar spent' takes place.
In the current credit card market a consumer can find hotel discount credit cards that work at such well known and reputable hotel chains as Hilton, Marriott, Starwood, Holiday Inn hotel etc. There are also hotel plastics, applicable at many different hotels. Being a regular guest of some chain, you have a great opportunity to be generously rewarded for your loyalty.
Some people do not consider hotel rewards deals as advantageous cards, because they think these cards are limited in usage. That is not true, in fact. You can make payments with these cards at any place - restaurants, gas stations, department stores, some cards providing additional rewards and rebates for shopping or dining. Remember, you will really benefit from a hotel bank card, if you feel free to spend and will pay the balance off on a monthly basis.
In the array of credit cards with hotel rewards you are bound to find the best option for you. Choose a hotel card deal at ApplyForBestCredit.com and make an online credit card application.