As a frequent traveler, you know that traveling can be expensive. From flights and accommodations to meals and activities, the costs can quickly add up. That’s why it’s essential to have a travel credit card that can help you save money and earn rewards while you’re on the go.
One of the most significant benefits of using a travel credit card is the ability to earn rewards points or miles for your purchases. These rewards can be redeemed for flights, hotels, and other travel-related expenses, which can help you save money on your trips. Additionally, many travel credit cards offer sign-up bonuses, which can give you a significant boost in rewards right off the bat.
Another benefit of using a travel credit card is the ability to avoid foreign transaction fees. Many credit cards charge a fee for transactions made outside of your home country, which can add up quickly if you’re traveling frequently. With a travel credit card, you can avoid these fees and save money on your purchases.
Finally, travel credit cards often come with additional perks, such as travel insurance, airport lounge access, and concierge services. These benefits can help you save time and hassle while traveling and make your trips more enjoyable overall.
Features of Post Office Travel Credit Card
The Post Office Travel Credit Card is an excellent choice for frequent travelers, thanks to its range of features designed specifically for travel. Here are just a few of the benefits you can enjoy with this card:
1. Competitive rates and fees
The Post Office Travel Credit Card offers competitive rates and fees, including no annual fee and no foreign transaction fees. This means you can use your card abroad without worrying about additional charges or hidden fees.
2. Cashback rewards
With the Post Office Travel Credit Card, you can earn cashback rewards on your purchases. You’ll earn 0.25% cashback on all purchases made in the UK and 0.5% cashback on all purchases made outside of the UK.
3. Travel insurance
The Post Office Travel Credit Card comes with travel insurance coverage, including medical and dental coverage, trip cancellation and interruption coverage, and baggage coverage. This can give you peace of mind while traveling and save you money on travel insurance premiums.
4. Airport lounge access
With the Post Office Travel Credit Card, you can enjoy access to over 1,000 airport lounges worldwide through LoungeKey. This benefit can help you relax and recharge before your flights and make your travel experience more enjoyable overall.
5. Concierge services
The Post Office Travel Credit Card also comes with concierge services, including travel booking assistance, restaurant reservations, and event ticketing. This can help you save time and hassle while traveling and ensure that you have the best possible experience.
Fees and charges
While the Post Office Travel Credit Card offers competitive rates and fees, it’s important to understand the costs associated with using this card. Here are the fees and charges you can expect:
1. Interest rates
The Post Office Travel Credit Card has a variable APR of 22.9% for purchases and 27.9% for cash advances. This means that if you carry a balance on your card, you’ll accrue interest charges at these rates.
2. Late payment fees
If you miss a payment or make a late payment, you’ll be charged a late payment fee of £12. This fee will be added to your account balance and will accrue interest charges if not paid off in full.
3. Overlimit fees
If you exceed your credit limit, you’ll be charged an overlimit fee of £12. This fee will be added to your account balance and will accrue interest charges if not paid off in full.
4. Cash advance fees
If you use your Post Office Travel Credit Card to withdraw cash, you’ll be charged a cash advance fee of 3% (minimum £3). Additionally, cash advances accrue interest charges at a higher rate than purchases, so it’s best to avoid using your card for cash withdrawals if possible.
Comparison with other travel credit cards
While the Post Office Travel Credit Card is an excellent choice for frequent travelers, it’s always a good idea to compare your options before making a decision. Here are a few other travel credit cards to consider:
1. Barclaycard Platinum Travel Credit Card
The Barclaycard Platinum Travel Credit Card offers 0% interest on purchases for the first 12 months, as well as no foreign transaction fees. Additionally, you can earn up to 6,000 bonus miles when you spend £1,000 in the first 90 days.
2. American Express Preferred Rewards Gold Credit Card
The American Express Preferred Rewards Gold Credit Card offers 20,000 Membership Rewards points when you spend £3,000 in the first three months, as well as no foreign transaction fees. Additionally, you can earn double points on travel and dining purchases.
3. Tandem Cashback Credit Card
The Tandem Cashback Credit Card offers 0.5% cashback on all purchases, as well as no foreign transaction fees. Additionally, the card offers fee-free cash withdrawals abroad.
Customer reviews and ratings
The Post Office Travel Credit Card has received positive reviews from customers, with many praising the card’s competitive rates and travel-related benefits. Here are a few customer reviews:
“I’ve been using the Post Office Travel Credit Card for a few months now, and I’m really impressed with the cashback rewards and travel insurance coverage. It’s a great card for frequent travelers.”
“I love the fact that the Post Office Travel Credit Card has no foreign transaction fees. It’s saved me a lot of money on my travels, and the cashback rewards are a nice bonus.”
“The airport lounge access and concierge services are really helpful when I’m traveling for business. The Post Office Travel Credit Card is definitely worth considering if you’re a frequent traveler.”
Frequently asked questions
1. Is the Post Office Travel Credit Card a good choice for frequent travelers?
Yes, the Post Office Travel Credit Card is an excellent choice for frequent travelers, thanks to its competitive rates and fees, cashback rewards, travel insurance coverage, airport lounge access, and concierge services.
2. Does the Post Office Travel Credit Card have foreign transaction fees?
No, the Post Office Travel Credit Card does not have foreign transaction fees, making it an excellent choice for international travelers.
3. How do I redeem my cashback rewards?
You can redeem your cashback rewards by logging into your account online and selecting the rewards you want to redeem. You can either apply the cashback to your account balance or receive a statement credit.
Conclusion
If you’re a frequent traveler looking for a credit card that offers exceptional value and travel-related benefits, then the Post Office Travel Credit Card is the clear winner. With competitive rates and fees, cashback rewards, travel insurance coverage, airport lounge access, and concierge services, this card has everything you need to make your travels more enjoyable and affordable. So why wait? Apply for the Post Office Travel Credit Card today and take your travel game to the next level!