San Diego, Calif. (PRWEB) May 10, 2013
Frequent flyer credit cards can put a real dent in summer travel expenses, but some airlines - and the cards they've partnered with - make booking a last minute reservation much easier than others.
According to a report published yesterday by the Wall Street Journal (with attribution from the Switchfly Reward Seat Availability Survey), redeeming frequent flyer miles can actually be quite the crapshoot depending on the carrier. For instance, the Wall Street Journal names United Airlines and Southwest Airlines as two of the best airlines with award ticket availability for frequent flyer redemption.
Taking this news into consideration, Creditnet.com - an online authority on credit card rewards and airline miles credit cards - today released its list of the best frequent flyer credit cards for last minute travelers.
According to Creditnet Vice President Jason Bushey, "Creditnet used factors like redemption flexibility, award seat availability according to the Switchfly survey, and overall credit card quality when putting together our list."
Here are Creditnet's recommendations for the best frequent flyer credit cards for travelers making plans at the last minute:
One of the most well-reviewed miles credit cards available today tops Creditnet's list thanks to miles redemption flexibility. Miles can be redeemed on any airline, anytime. Miles never expire, and Capital One makes it easy for cardholders to determine how many miles it will take to pay for a travel expense.
Other perks of this top-rated card for last minute travelers are 2 miles per dollar on every purchase, no foreign transaction fees for the frequent flyer travelling abroad, and a bonus of 10,000 bonus miles when new cardholders spend $1,000 on purchases within the first 3 months, which according to Capital One is equal to $100 in travel.
Frequent travelers looking for flexible miles redemption will find just that with this credit card offer from Capital One.
According to the aforementioned survey released yesterday, few airlines reserve more award seating for loyal customers than United, and cardholders can earn double miles on United ticket purchases when booking with this card. There's also a bonus offer of 30,000 miles after consumers spend $1,000 in the first 3 months that loyal United flyers can take advantage of.
Because this card is a co-branded airline credit card, loyalty perks not found on general miles cards are available as well. Creditnet pointed to priority boarding privileges and up to $100 per roundtrip in free checked bags as other benefits to owning this card. However, it's United's commitment to flexible last minute reservations on available seats that earned its place near the top of Creditnet's.
Another frequent flyer card known for its flexibility is the Arrival World MasterCard from Barclaycard. Similar to the aforementioned Capital One card, this frequent flyer option makes last minute booking convenient by allowing cardholders to book their flight first, than redeem miles in the form of statement credits.
Not only that, cardholders earn 10 percent miles back when redeeming miles for travel, and 2x miles on all purchases. There's also 40,000 bonus miles to earn after cardholders make $1,000 or more in purchases in the first 90 days from account opening, the equivalent of $400 off a trip.
Finally, travelers abroad can take solace in the fact that there are no foreign transaction fees attached to this card. According to Creditnet this is one of the very best frequent flyer credit cards, for last minute travel or otherwise.
4.) The Premier Miles & More World MasterCard®
Another Barclaycard option is the Premier Miles & More MasterCard, which has a great signup bonus (20,000 miles after the first purchase) and flexible reservation options for last-minute travelers.
Miles & More partners include international airline giants Lufthansa, and serves American travelers as well as international. Miles & More purchases earn double miles, while all other purchases earn the standard one mile per purchase.
The global reach and impressive number of Miles & More partners associated with this card makes it one of the five best frequent flyer credit cards for last-minute travel.
5.) Southwest Airlines Rapid Rewards® Premier Card
Finally, one of the Survey's number one rated airlines for Award seating is Southwest, which is why Creditnet.com included this co-branded airline card from Chase.
Southwest has been hailed for its unique frequent flyer tier program, and this card includes a bonus offer of 25,000 bonus points after new cardholders spend $1,000 in the first three months of opening account.
Frequent flyers of this discount airline would be wise to apply for this card (reserved for excellent credit consumers) as the points system - and the last minute seat availability - are two of the best-reviewed programs in the industry today.