How to finance your holiday: Get the most out of travel credit cards

How to finance your holiday: Get the most out of travel credit cards

While most people are aware of the negative aspects of credit-card spending, many don't pay as close attention to its potential benefits. Read to know how you can maximise the incentives.





December 21, 2022 / 03:43 PM IST





Rewards cards give you rewards in the form of points or miles, which function like a currency and can be redeemed for various goods and services when travelling. (Photo: Getty Images)



In 2019, the year before COVID-19 hit the world, I travelled by air more than your average flyer. Internationally, I went to New York once to visit my sister, to Dubai twice to visit friends, and I also did short vacation runs to Sri Lanka and Thailand. Within India, I did 23 trips to Bengaluru, four trips to Chennai, and one to Guwahati. In all, my tickets cost nearly Rs 5 lakh, but here’s the kicker — I didn’t spend a single rupee on them, thanks to a judicious use of the reward points on my credit cards. How did I achieve this? Allow me to let you in on a not-so-secret trick.

While most people are aware of the negative aspects of credit-card spending, many people