Airline Miles Credit Cards

Airline miles credit cards accumulate points or miles toward flights. Every dollar you spend on your airline miles card stores a set number of miles in your cache. When you've reached a certain number of points or miles, you're able to redeem those for free or greatly reduced travel arrangements.

As a reward credit card, companies offering airline miles rewards cards must redeem their costs somehow and you're likely to see an annual rate or a slightly higher interest rate than you would find on a credit card without a reward system.

An airline miles credit card is suitable for those who are able to store and redeem enough miles or points each year to benefit from travel discounts. Many miles cards have a deadline for using the accumulated miles as well as dates that are unavailable for discounted or free flights. Be sure to read all the fine print on the mile card to determine how many miles you get per dollar spent as well as how and when those miles must be redeemed.