Perfect....but just use caution as it can get addicting. The key is to maintain no monthly balance or pay the card off each month. You can't afford to pay the interest rates on any credit card. We are all adults here so there is some personal responsibility. I also do not condone anything illegal. Also please make sure you are willing to pay the annual fee....a couple of cards are in the $400+ range, but they come with airline club benefits. Airline clubs are not worth it for some....but after being in the bush all day and then getting ready for 16 hour flight home....that shower in the airline club may be worth it.
All that being said there are great deals to be had...also I know it is old school to wire money, but it todays modern era I personally would not pay for a safari without using a credit card...let the credit card company take the risk...not you and your bank. And for the love of all mankind never ever ever ever pay foreign transaction fees. There have been a plethora of cards to hit the market in the last 6 months that wave all foreign transaction fees.....there is NO reason to pay them. No foreign transaction fees is another reason to pay for your safari with a credit card.
Several reasons why:
1) Travel Protection...even minimal may help, especially on rental cars. Always read the fine print.
2) Travel points....when you spend $10,000 on a credit card that could be 30,000 points if the card offers 3x the dollar amount for travel. Other credit cards will give you 2% cash back....cash has it advantages as well.
3) Meet the minimum spend to get the extra points....most credit cards offers will give you points if you meet a minimum spend over a certain time frame. For example to get 50,000 points you must spend $3000 dollars in 3 months. If you have a big expense or a big trip on the horizon make set yourself with a card that will meet those minimum requirements.
These are just a few examples....I will not provide links because I am not making a living off this, just passing along friendly info
1) Chase British Airways.....spend $30,000 in a year and get a Travel Together Pass that can be used with money or Avios miles....annual fee yes. Beware of taxes flying through the UK....may be cheaper to fly through Paris or Amsterdam..so this card may not be worth it. My goal is get my wife and I into business class back to JNB. Taxes will be over a thousand dollars, but compare that to 2 business class tickets to JNB from the states and that could be over $14,000.
2) Chase Sapphire Preferred...one of the best cards on the market..great earning potential plus you can share point 1:1 with IHG, United, Southwest, British Airways to name a few....annual fee yes
3) Chase IHG Card....see my post above
4) Citi American Airlines Executive....huge current offer of 100,000 miles if you spend $10,000 in 3 months. Also big annual fee, but you do get a $200 statement credit plus you get access to all the America Airlines Lounges plus USAirways lounges. USAirways will soon be American. This card would be great if you are finalizing a safari and need to pay the final deposit. But again beware of the annual fee.
5) Barclay's USAir way card....all you have to do on this card is spend any amount $1 or $10 and pay the $89 annual fee and USAir gives you 40,000 miles. Remember USAir miles will be rolled in American Airline miles before this time next year....get USAir miles while you can.
6) Chase Southwest Airlines has a great offer going on as well.
8) American Express Starwood Preferred Guest card...this is a great card and both Susan and I will be getting this card before the deadline of June 30th 2014....there re some spend requirements that need to be met....but the great thing about SPG points is that they can be transferred 1:1 to almost all airlines in the world. I can transfer 30,000 SPG points directly to Delta with no fee. It is a great card and I am excited about getting it.
7) Various hotel cards that give you an lots of points or free nights. Some hotel cards will automatically elevate your elite status or will pay for your wireless internet connection. Again pick the hotel that you like and get the card associated with that hotel.
Another interesting tidbit is that most miles will expire unless you add miles to the account. Most airlines allow miles accrued with their credit card to count....so for instance if you have USAir miles that are getting ready to expire use your USAir MasterCard to purchase a magazine subscription and that will dump a minimal amount of points back into your account...satisfying the account so the points do not expire.
Lastly as I am passionate about this topic.....miles across the board have been devalued. Which means points at Delta can't get you as far as 3 years ago...and it is only going to get worse. I do not hang on to or accumulate miles anymore...once I get them I use them.
But that has not shut us out yet and as long as there are points to be had with minimal cash out of my pocket I am game. So in the end you have to decide if juggling credit cards is worth it....Today Susan was backing out of the garage to go shopping and I caught her and gave her a new credit card to use....she is used to my habit and she loves the benefits, but she just rolled her eyes and laughed.
Edited by scootr29, 17 June 2014 - 01:09 AM.