Elite Credit Card Fees Pay Off For Frequent Travelers

Wednesday, November 29th, 2017

Paying a yearly fee of $450 or even more for a credit card might sound crazy to some people. After all, there are so many credit cards available with no annual fee: why would anyone pay hundreds of dollars just for a credit card?

The answer might surprise you, if you’ve never looked into the benefits of having an elite travel rewards credit card. These cards have multiple benefits that are worth the fee, and on top of that, they offer signup bonuses and other rewards that easily outweigh the cost of the annual fee.

Most of these cards are geared towards travel enthusiasts, or business travelers. The best benefits have to do with travel, such as round-the-clock concierge service, free bag check, discounts on in-flight food and drink, hotel upgrades, and even free flights. Elite credit cards with hefty annual fees almost never charge a foreign transaction fee, so anything you buy overseas with your credit card won’t cost extra.

Perks worth more than fees

Another great perk of these cards is travel insurance, which protects you in case something arises before or during your trip, causing you to need to change your itinerary. You can use the concierge service to assist you with any changes you need to make to your tickets or reservations, and rest assured that you’ll be able to make those changes without being charged extra.

Access to exclusive airport lounges is one more VIP benefit that most elite travel rewards credit cards offer. You can recharge your phone, enjoy a complimentary meal and beverage, even take a shower and get a massage at these swanky lounges, which are not open to the general public.

Travel with ease when you have TSA Pre-check, allowing you to sail through the security line without taking off your shoes: membership is often discounted, or entirely covered, when you have an elite travel credit card. This perk is worth nearly $100 a year alone. When you do the math on all the benefits of these cards, you’ll find that paying several hundred dollars a year for them is still a bargain.

Latest Credit Card Fees Guides

4 Easy Money-Saving Tricks You Need To Know April 20th, 2017

When money is tight, it’s good to have a few tricks up your sleeve for painlessly saving money. Everyone has heard the old advice about making coffee at home and skipping the fancy latte on the way to work, packing your lunch, and cutting back on little luxuries like new clothes ...
Continue »

Banks Don’t Want You To Know These Ways To Avoid Credit Card Fees October 7th, 2016

If you’ve ever been slapped with a credit card fee, you know it’s no fun at all. You can incur a fee for making a late payment, getting money out of an ATM, buying something with your card overseas.
Continue »

Two Credit Card Fees To Watch Out For (And One That’s Worth Paying) April 24th, 2016

Generally, we can accept that paying fees is something most people don’t want to do. Bank fees, penalty fees, usage fees, processing fees—there are too many fees that crop up from day to day.
Continue »

5 Ways to Make Credit Card Fees Disappear November 4th, 2015

Can you perform magic? When your credit card statement reveals that you’ve been charged a fee, you might wish you could.
Continue »

Decoding the Fine Print: Your Credit Card Fee Schedule March 3rd, 2015

When you apply for a new credit card, chances are you don’t pay much attention to all those long legal disclaimers. The terms and conditions, the fine print, the nitty-gritty—whatever you call it, it’s boring.
Continue »

Best Credit Offer
WebBank/Fingerhut Credit Account
Click the Compare link to compare the checked cards side-by-side at the comparison table.
Consumer Rating: 4 / 5
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2017 BestCreditOffers.com All Rights Reserved.

* The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

Disclosure: Not an access card.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.