Benefits of travel credit card
Travel cards offer an extensive range of benefits and advantages to the cardholders. From catering welcome gifts to providing a flattering airport lounge access. Apart from the welcome gifts and rewards, there are perks. Some cards offer luxury lounge access when you're waiting to board a flight and even easy transactions in foreign countries. While, others provide free baggage check so, you don't have to lug around your suitcases.
Here are some common benefits offered by the most of the travel credit cards
• Welcome gift
Almost all the travel cards offer a numerous reward points as welcome gift or sign-up bonus and the interesting fact about the points or rewards caters by the travel card is that the cardholder can even redeem the points for air miles at both international and domestic airlines and some cards also offer free tickets on select airliners.
• Fuel surcharge waivers
Fuel surcharge waivers are the common component available on most of the travel cards. Usually, card uses at fuel attracts a fuel additional charge of 2-2.5% of the exchange or transaction amount. However, fuel transactions on credit cards do not qualify for any reward points.
• Zero liability
In case of lost travel cards you need not to worry about it anymore. Instead of worrying about it immediately report about your stolen or lost card in the bank. So, that you will have zero liability on any fraudulent transactions made after reporting it.
• Annual fee waiver
The travel credit comes with not only the fuel surcharge waivers but, also most of the cards charge zero or no annual fee. Even the cardholders can avail annual fee waiver for the following year by spending a specific amount, as declared by the bank, in a given year. Hence, by achieving the targets spend yearly, cardholders can enjoy the benefits of a zero annual fee.
• Airport lounge access
At both national and international airports some of the travel cards offer complimentary lounge visits. In case of flight delays cardholders can sit and relax in select airport lounges and can enjoy the privileges offered by the lounges at free of cost.
In India, a large number of banks and financial institutions are present which offer a wide range of travel credit cards to both salaried and self-employed individuals along with the unmatched and attractive benefits which are discussed above. From which some of the top best travel cards are as follows-
• Jet Airways American Express Platinum Credit Card
Jet Airways American Express Platinum Credit Card is a travel card offered by the American Express. This is an ideal credit card for those who are frequent traveler. The card makes travelling experience more fun and rewarding for the cardholders. This is a co-branded credit card comes with a lot of benefits like dedicated concierge service and other exclusive privileges.
The card offers a welcome gift of 10,000 Bonus JPMiles and one complimentary Jet Airways domestic ticket with a base charge waiver on the first charge of the cardholders.
• Jet Airways ICICI Bank Rubyx Credit Card
The Rubyx travel credit cards of the ICICI Bank. The card gives a welcome gift to the cardholders of 6,250 bonus JPMiles on joining along with a free Jet Airways domestic flight ticket to the cardholder. The cardholder can even avail a 5% off the base fare for domestic or international flight tickets booked through website of Jet Airways. Also, get 4 JPMiles for every Rs.100 spent inside India and 5 JPMiles for every Rs.100 spent abroad and 8 JPMiles on spend on the airline website.
• JetPrivilege HDFC bank Club credit card
HDFC bank is the first bank which launches a co-branded credit card with JetPrivilege. The JetPrivilege HDFC bank Club credit card is a combination of the benefits of Diner club and Jet Airways. The card comes with the both travel and dining privileges. Within the first 90 days the cardholders can get a welcome benefit of up to 30,000 bonus JPMiles and 15 Jet Privilege points. With JetPrivilege HDFC Bank Diners Club Credit Card one can also earn 8 JP Miles on every spent of Rs. 150 on retail expenses and 24 JPMiles on spend of Rs. 150 on booking flight ticket.