You should apply for a new credit card before booking your summer vacation — but not for the reason you think
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- If you're planning on taking a vacation this summer, it might be worth opening a new credit card so that you can earn a huge sign-up bonus.
- Most cards have high spending requirements for these bonuses, so opening one when you're already planning on a larger-than-usual expense can be advantageous.
- Just make sure not to spend more than you've budgeted or can afford — interest and late fees outweigh the value you can get from rewards. Think of your credit card like a debit card.
- Some cards to consider opening are the Chase Sapphire Preferred, the Chase Sapphire Reserve, the Platinum Card from American Express, the Chase Ink Business Preferred, and the Premier Rewards Gold Card from American Express.
Between "bomb cyclones," consecutive nor'easters, and temperatures ranging more than 40 degrees in a single afternoon, it's been an unpleasant winter, at least weather-wise. Thankfully, it seems like spring is finally here, with summer not too far behind. That means that weekends at the beach, family vacations, and long-weekend trips with friends are almost here.See the rest of the story at Business Insider
See Also:
- The 5 best 'no foreign transaction fee' credit cards that will save you money on international trips
- 6 reasons the Chase Sapphire Reserve’s high annual fee is easy to justify — and why the card is ultimately a better value than Chase's cheaper Sapphire Preferred
- Hilton's AmEx credit cards come with great perks like free hotel nights — but one is a better value for most people
SEE ALSO: The 5 best 'no foreign transaction fee' credit cards that will save you money on international trips