What are the advantages of using a travel rewards credit card?

@sibyl 

There are several advantages of using a travel rewards credit card:

1. Earn points or miles: Travel rewards credit cards offer special rewards programs that allow you to earn points or miles for every dollar spent on eligible purchases. These points can then be redeemed for travel-related expenses such as flights, hotel stays, car rentals, or even cash back.
2. Sign-up bonuses: Many travel rewards credit cards offer generous sign-up bonuses, where you can earn a large number of points or miles after reaching a specified spending threshold within a certain time period. These bonuses can be a big boost in accumulating rewards quickly.
3. Travel perks and benefits: Travel rewards credit cards often come with various perks and benefits that can enhance your travel experience. These can include things like free checked bags, priority boarding, airport lounge access, or hotel upgrades.
4. Insurance coverage: Many travel rewards credit cards provide insurance coverage for things like trip cancellation, lost or delayed baggage, travel accident, or rental car damage. This can give you peace of mind while traveling and potentially save you money on additional insurance policies.
5. Foreign transaction fee waivers: Some travel rewards credit cards waive foreign transaction fees, which can be substantial when using your credit card abroad. This can save you money on every purchase made outside of your home country.
6. Flexibility and choice: Travel rewards credit cards offer a wide range of redemption options. You can choose to use your rewards for flights, hotels, or rental cars with specific airlines or hotel chains, or you may have the option to transfer your points to various loyalty programs for even more flexibility.
7. Additional perks and discounts: Depending on the card, you may also have access to additional perks and discounts such as travel concierge services, exclusive hotel or travel packages, or special discounts at partner merchants.
8. Building credit: Using a travel rewards credit card responsibly and making timely payments can help build your credit history and improve your credit score.

Overall, using a travel rewards credit card can help you earn valuable rewards, enjoy travel perks, save money on fees, and enhance your overall travel experience. However, it is important to carefully consider your spending habits, fees associated with the card, and whether the rewards align with your travel preferences before choosing a travel rewards credit card.