I try to pay for everything I buy on my credit card (I think it’s more convenient than cash), and then pay off the balance every month. Because I pay it off every month, I don’t care about the interest rate charged by my card. I am thinking of getting a credit card that gives airline miles, so that I get something back for the money I spend.
Does anyone here have one of those credit cards? How hard is it to redeem miles? Is it worth the annual fee, in your opinion?
Another question- I have a credit card with one of the banks that offers a card that gives you miles. Are they likely to give me another account with a similar credit limit, or would I have to get it raised gradually over several years, as I did with my current card? I like having a high credit limit, because it means I’m sure I won’t go over it and have to dig in my wallet for another credit card, or have to pay an “over-the-limit” fee.