Using travel rewards credit cards has become an easy way to collect extra flier miles and bonus points. Many credit card companies offer travel rewards to their customers as an expression of gratitude. It is also a strategy to encourage the credit card user to spend more to gain maximum points. This also ensures customer retention. It is important that as a user, you are completely aware of the advantages and disadvantages of travel rewards credit cards before you buy them. With certain cards, you may be allowed to utilize these points not only for your traveling expenses, but also for buying gas, merchandise, etc. However, many people lose track of their expenses and keep spending in order to gather points. However, beware, this could lead to huge bills or debt, and this can affect your credit score adversely. Also, using your travel rewards is fine if you are traveling alone, but if you have a companion, you may not be able to accommodate him/her on the same flight or in the same hotel at the rates available. So, let us try to understand some more pros and cons of travel rewards credit cards. Remember, always go for a card that comes with minimum or no annual fees. Firstly, not all credit card companies will adhere to their promise of giving you reward points. Secondly, because of blackout dates, redemption of existing points can become difficult. If you drive a lot, then opt for a rewards program which will allow you to redeem points at gas stations. However, if you fly often, a rewards program with an airline will be far more beneficial. Also, compare the rewards points and fees to ensure that you are going to benefit from it. Now that you know about the pros and cons of travel rewards credit cards, hope you will make an informed decision. Our verdict: If you are not a frequent flier but a frequent buyer, you do not need a credit card that offers travel reward points. Travel cards get fewer rewards, hence, if you have an option, go for a credit card that will offer reward points for making purchases.