Prime Rate Credit

October 5, 2006

Airline Miles Credit Cards

Filed under: Special Credit Offers — CleanedUpCredit @ 8:07 am

If you’re like me, a credit card that offers a point system where you can build “points” up toward the purchase of something fairly major, is pretty appealing. Especially when the thing credit cards are most well known for is draining our wallet of our hard earned money with nothing in return, except for the priveledge of spending money that we have not actually “earned” yet.

This is exactly why I decided, after I got a solicitation in the mail from my bank, that I would go with one of these airline miles credit cards. Actually, all it was was me switching to a newly branded debit card. I have Key Bank, and they offered a debit card with frequent flier miles which would build every time I made a purchase with my debit card.

I though, wow, how much better can you get - I’m not really building debt, because I’m using my debit card which pulls money from my checking account (which is money I already have, I’m not “advancing myself” money), and I’m getting something in return - airline miles toward my next flight.

I have to say, the miles are pretty slow to build though. I use my debit card for practically everything, I’ve had it for six months now and I’m not even halfway to a continental flight, but I’m still waitin’ for those points to build! The annual fee is $30 for this card, but I figure one flight will more than pay for this fee.

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