Category: Capital One Venture Rewards

Miles & Points 101 – What Credit Card(s) Should You Get?

Before we start, here is a quick index of the “How to Get Started” series:

  1. Things to Think about Before You Start;
  2. What Is a Mile or Point Worth?
  3. Is Your Credit Going to Take a Hit?
  4. What Credit Card(s) Should You Get?
  5. How Do You Keep Track of Everything?
  6. What Else Can You Do to Increase Your Mile & Point Balance?

As a beginner, you might find that there are an overwhelming number of travel-related credit cards out there. In the past year or two,  credit card sign-up bonuses have become so good that a general rule of thumb is NOT to apply for a card unless you get at least $500 (which generally means 50,000 miles/points). Some of the best offers last year all came with 75,000 or 100,000 sign-up bonuses. To help you answer the question “What credit card(s) should you get?” I am going to start by giving you a quick rundown on the three different types of miles & points credit cards.

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