Why Staying Loyal to One Travel Credit Card Could Be Costing You

Jun 14, 2024

Credit Card
Credit Card

Loyalty to a single travel credit card might seem like a good strategy, but it can limit your benefits. Here's what a recent Reddit discussion reveals about diversifying your travel credit cards and maximizing rewards.

The Drawbacks of Single-Card Loyalty

Limited Rewards: Sticking to one card means you miss out on category-specific bonuses other cards offer.

Fewer Perks: Different cards provide unique travel perks like lounge access, TSA PreCheck credits, and travel insurance.

Lower Flexibility: Using multiple cards can help you optimize points and miles for various types of travel and expenses.

Maximizing Rewards: A Comparison

User Insights

Proponents of Diversification: Users highlight the benefits of combining cards to cover all spending categories and maximize rewards.

Loyalty Advocates: Some argue that sticking with one card simplifies management and maximizes elite status benefits.

Conclusion

Diversifying your travel credit cards can significantly enhance your rewards and benefits. Evaluate your travel habits and consider a multi-card strategy to get the most out of your credit card rewards.

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Bon is a members-only mobile application that provides users with rewards for making timely credit card payments. By using the Bon app, users acknowledge and agree to the Terms of Service and Privacy Policy, which outline the conditions of participation in the rewards program, eligibility criteria, and the handling of personal and financial information.


Bon is not affiliated with, endorsed by, or sponsored by any credit card issuer or financial institution. Rewards earned through Bon are provided solely by Bon and are subject to the company's discretion and applicable laws and regulations. Bon does not provide any financial, legal, or credit counseling advice, and users are encouraged to consult with their own financial advisors or credit card issuers for any questions or concerns regarding their credit card accounts or financial situation.

Bon reserves the right to modify, suspend, or terminate the rewards program at any time without prior notice. The use of Bon and participation in the rewards program is entirely at the user's own risk, and Bon shall not be liable for any damages, losses, or injuries arising from the use of the app or participation in the program.


By using Bon, users must comply with all applicable laws and regulations, and any fraudulent, abusive, or unauthorized use of the app or rewards program may result in the termination of the user's account and forfeiture of any earned rewards.

Note that certain Bon product features listed are currently in development and will be available soon.

Bon is a members-only mobile application that provides users with rewards for making timely credit card payments. By using the Bon app, users acknowledge and agree to the Terms of Service and Privacy Policy, which outline the conditions of participation in the rewards program, eligibility criteria, and the handling of personal and financial information.


Bon is not affiliated with, endorsed by, or sponsored by any credit card issuer or financial institution. Rewards earned through Bon are provided solely by Bon and are subject to the company's discretion and applicable laws and regulations. Bon does not provide any financial, legal, or credit counseling advice, and users are encouraged to consult with their own financial advisors or credit card issuers for any questions or concerns regarding their credit card accounts or financial situation.

Bon reserves the right to modify, suspend, or terminate the rewards program at any time without prior notice. The use of Bon and participation in the rewards program is entirely at the user's own risk, and Bon shall not be liable for any damages, losses, or injuries arising from the use of the app or participation in the program.


By using Bon, users must comply with all applicable laws and regulations, and any fraudulent, abusive, or unauthorized use of the app or rewards program may result in the termination of the user's account and forfeiture of any earned rewards.

Note that certain Bon product features listed are currently in development and will be available soon.

Copyright © 2024 Bhim Digital, Inc. All rights reserved.

Copyright © 2024 Bhim Digital, Inc. All rights reserved.