3 Pros and Cons of Travel Reward Credit Cards, According to Ramit Sethi [Yahoo! Finance Canada]
American Express Company (AXP)
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Source: Yahoo! Finance Canada
Below is a list of pros and cons inspired by personal finance expert Ramit Sethi, offering valuable insights into both the advantages and disadvantages of these cards to help consumers make informed decisions based on their travel habits and financial strategies. Pros of Travel Reward Credit Cards Maximization of Rewards According to Sethi, the real power of travel reward cards lies in their ability to turn everyday purchases into travel opportunities. By strategically using these cards, you can earn points redeemable for flights and accommodations to achieve a higher return on spending compared to other types of credit cards. Cards like the Chase Sapphire Preferred or American Express Gold are particularly beneficial for those who spend a lot on travel and dining. Perks and Benefits Sethi points out that travel cards do more than just rack up points: They come packed with perks that really elevate your travel game. Benefits like airport lounge access and extensive trav
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News
- I Teach People Tips to Travel for Free. Here's How They Earn 50% More in Points and Miles [CNET News]CNET News
- American Express (NYSE: AXP) is now covered by analysts at Truist Financial Co.. They set a "buy" rating and a $350.00 price target on the stock.MarketBeat
- I Use Travel Credit Card Rewards to Score Thousands of Dollars in 'Free' Trips. Here's How [CNET News]CNET News
- This Top Warren Buffett Stock Could Soar Even Higher in 2025. Time to Buy? [Yahoo! Finance]Yahoo! Finance
- American Express (NYSE: AXP) had its price target raised by analysts at Wells Fargo & Company from $300.00 to $340.00. They now have an "overweight" rating on the stock.MarketBeat
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- 10/18/24 - Beat
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- 1/3/25 - Form 4
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