Million Mile Secrets reader, Liz, commented:
After studying abroad last semester, I’ve been bitten by the travel bug. Although I have a very good credit score, I’m a college student and don’t spend that much, which precludes me from going for cards with sign-up bonuses that require spending $3,000 in the first 90 days.
I would like to get a card to start earning rewards for my purchases and develop a credit history. But in keeping with the number one rule of paying off my balance each month, there doesn’t seem to be a card out there for me.
Ideally, I’m looking for a travel rewards card that offers a sign-up bonus requiring $1,000 in the first 90 days and has a waived annual fee for the first year, or none at all! Is there a card that you’d recommend for me?
Welcome to the miles & points hobby, Liz!
I’m so glad to hear Liz is interested in earning rewards for travel. Miles and points are one of the the best ways to travel cheaply. They’ve given Emily and I the opportunity to visit amazing destinations around the world!
The good news is most banks offer credit cards with sign-up bonuses that have relatively small minimum spending requirements. And these cards tend to waive the annual fee or have none at all. So they’re great for students on a tight budget!
I’ll share tips for beginners in the miles & points hobby. And 5 great rewards cards for beginners which have low minimum spending requirements!