Business travel can be very expensive, but save There is a way. One of the most effective tools for saving money is a credit card. The right card can save business travelers both time and money while offering valuable travel perks and cashback. The Premium Travel Rewards Card also greatly enhances the travel experience by offering travelers upgraded airline seats and complimentary hotel rooms and access to airport business lounges.
Here are some things you can do. Save on travel expenses by using your credit card while adding comfort and convenience.
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Using Cards Save on Hotels
One of the most effective ways to save money when paying for hotel rooms is to use a credit card provided by a hotel chain. A hotel rewards card can save you money in several ways. First, there's bonus cashback on hotel rates, which you can later redeem for free nights. Additionally, Hotel Rewards Cards can provide credit toward elite status in hotel loyalty programs. Retaining that status entitles you to benefits such as priority customer service, room upgrades, and even fee waivers.
For example, Chase's World of Hyatt Business Credit Card* offers cardholders (and up to five employees) Discoverist status and five qualifying nights for every $10,000 spent in a calendar year. increase. Cardholder may also receive her 10% of points redeemed (up to 200,000 points redeemed) as bonus points for the remainder of the calendar year. And since you get an employee card for free, employee spending counts toward her $50,000 requirement.
Discoverists receive additional points and perks, such as complimentary bottled water and 2:00 p.m. Late check out. In addition, when travelers achieve prestigious Globalist status, they receive benefits such as free breakfast, suite upgrades and free parking on reward stays. Cardholders also have access to Hyatt Leverage, Hyatt's global business travel program. This program offers special rates at participating Hyatt hotels worldwide, saving you up to $350 annually.
Flight with companion pass Save
When traveling with colleagues, nothing saves you more money than getting two tickets for the price of one. Thankfully, some airline credit cards offer companion passes. For example, Bank of America's Alaska Airlines Visa Signature® credit card offers a companion fare of $99 each year on the anniversary of your account.
In addition, Chase's British Airways Visa Signature® Card* includes Travel Together tickets earned on his $30,000 purchase in one calendar year. This allows him to get two airline award tickets for taxes and fees only. Be aware that British Airways has a notorious practice of charging airline surcharges, especially for first class business benefits.
But perhaps the best companion pass is the one offered by Southwest Airlines, usually achieved by earning 135,000 points in a calendar year. However, holders of Chase's Southwest Airlines Rapid Rewards® Plus credit card only need to earn 125,000 points. In addition, you can earn eligible points from new account bonuses, credit card spending and flights. Once earned, the Southwest Airlines Companion Pass provides unlimited tickets for designated companions. The tax is normally $5,60 one way within the US.
Quick security Get it for free
Many business travelers are forced to waste an incredible amount of time getting through airport security.But with the right credit card, you can get fast security program membership refunds. can receive Many credit cards now include Global Entry refunds including TSA PreCheck and TSA PreCheck. With TSA PreCheck, you can leave your shoes on and liquids and laptop in your suitcase for a quick security screening. Global Entry expedites immigration when you arrive in the United States.
Credit cards that offer up to $100 credit towards TSA PreCheck or Global Entry include Chase Sapphire Reserve®, Delta SkyMiles® Reserve American Express Card and Capital One Venture Rewards Credit Card. In fact, the TSA maintains a list of all cards that offer this free credit.
Some credit cards offer Clear membership for free or at a discount. Clear is a private company that uses biometrics to authenticate identities and escort customers before PreCheck or standard TSA lines. For example, The Platinum Card® and American Express® Green Card* from American Express offer up to $189 in credit toward your Clear membership.
Not sure which program is best for you? Check out the comparison below. Differences between TSA PreCheck and Clear
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Get Free Business Lounge Membership
Another way travelers waste time and money is transit and airport delays. Airport meals are generally expensive and inconsistent in quality, but sitting around a crowded departure gate can be a waste of productive time. If you have a membership, you can enjoy free meals while having a less busy place to work.
Some cards offer access to airport lounges. increase. American Express Platinum offers access to Centurion Lounges, Delta Sky Club and the Priority Pass Select lounge network. The Capital One Venture X Rewards credit card also provides Priority Pass Select Lounge membership as well as access to a new and expanded list of Capital One lounges.
Alternatively, you can consider an airline co-branded card. For example, the American Express Delta SkyMiles Reserve Card provides access to Centurion lounges and Delta SkyClubs, and the Citi®/AAdvantage® Executive World Elite Mastercard® Credit Card provides access to American Airlines Admirals Club Lounges.
Airline Elite Earning Status
Achieving Elite status in an airline's frequent flyer program is highly valuable and traditionally the only way to earn it is by actually purchasing merchandise. airfare and subsequent flight. However, airlines are increasingly offering elite status in whole or in part through credit card payments.
For example, American Airlines' AAdvantage rewards program allows you to reach any level of elite status simply by using a co-branded credit card. For 2023, the JetBlue TrueBlue program will offer a combination of credit card payments and flights for the chance to earn all four levels of his newly revised Mosaic elite status. With Chase's United Quest℠ card, he earns 500 Premier Qualifying Points (PQP) for every $12,000 he spends on Quest Card purchases. Up to 6,000 PQP in a calendar year, redeemable towards Premier status with United. MileagePlus, up to Premier 1K level.
Business Rewards How to Convert to Personal Travel
One of the benefits of earning travel rewards is that the rewards are held by the credit card's primary account holder. As such, small business owners take ownership of all points and miles earned from their credit card, including rewards earned by authorized users of the card. Similarly, you can earn rewards for what employees charge their personal credit cards for reimbursed company trips.
This means that you can keep all rewards earned on your credit card. It says that the reward must be used for business. Therefore, it is advantageous for small business owners to use cash for tax-deductible business expenses and use travel rewards for personal travel.
Conclusion
The key to saving time on both is to take advantage of it. With the right credit card for your needs, you can enjoy a more productive business trip while earning points and miles for your next vacation.
*All information regarding World of Hyatt Business Credit Card, British Airways Visa Signature® Credit Cards and American Express® Green Cards are independently collected by Bankrate and subject to review or approval by the issuer. I haven't received it.