How to choose the travel rewards card that's right for you

How to choose the travel rewards card that's right for you

A rewards credit card is a great way to cut the cost of travel.

If you fly a lot, you'll probably want an airline rewards card. Not only will you earn miles, but you'll probably get a few perks thrown in. You may get a free checked bag each flight and priority boarding.

"And then you earn points toward your elite status which leads to even more special treatment for frequent fliers," noted Cameron Huddleston, an editor at Kiplinger's magazine.

Huddleston says a general travel rewards card is a better choice for someone who doesn't fly very much. Kiplinger's recommends the Chase Sapphire Preferred card, the AMEX EveryDay card and the Capital One Venture Rewards card.

Another option is to get a rewards card that pays you back in cash.

"Getting cash back is always a good thing and you can use that cash however you want," Huddleston noted. "You could use it to make your travel purchases or to pay for hotel rooms or rental cars."

If you're going to use a reward card of any kind, you've got to pay off the balance in full each and every month. Otherwise, it doesn't make sense. The amount you pay in interest will more than erase any reward you earn.

More Info: How to Choose the Best Travel Rewards Card for You