CreditDonkey Identifies Summer Road Trip Savings with Credit Cards

(PRWEB) June 27, 2011

This summer, CreditDonkey has crunched the numbers with the launch of a summer road trip infographic so travelers know whether to pay with plastic or cash on their next road trip.

The concept that credit cards can translate into savings for consumers is nothing new. However, the actual savings is seldom calculated, leaving cardholders wondering what benefits they’re getting from their credit card.

With a two week road trip costing a family of four an estimated $3,889, travelers are looking for savings around every bend of the road this summer. CreditDonkey has found relief for cash strapped consumers. Calculations show that with the right credit card, consumers can save nearly 10 percent simply by choosing to pay with credit.

To realize the full potential of credit card savings, CreditDonkey encourages consumers to research their credit cards before hitting the road. Here are some of the road trip cost saving features to look for:

Promotional Cash Back Rewards: Some cash back rewards programs offer additional cash back points for certain merchant categories - some year round, and some during promotional months; for example, in the cash savings scenario created by CreditDonkey.com, the would-be travelers saved big by using their cash back rewards cards due to additional savings in a variety of categories:

   •  Gas — 3% cash back
   •  Hotels — 1% cash back
   •  Supermarkets — 6% cash back
   •  Dining out — 2% cash back
   •  Entertainment — 1% cash back

Travel Rewards: Credit cards with a rewards program often provide cardholders the ability to use their points to cover travel expenses. While travel rewards often make consumers think about airfare, there are other options that will aid with road trips. These include hotel rooms and rental cars.

Fringe Benefits: Many cards are jam-packed with travel related benefits, including rental car insurance, roadside assistance, travel assistance and baggage insurance. These are services that many families pay for out of the pocket to keep protected during their travels. But if cardholders get the details on their card benefits, they can save hundreds:

   •  Rental Car Insurance — provides coverage for theft of or damage to eligible rental cars
   •  Roadside Assistance — provides assistance on roadside emergencies from flat tires to needing a tow

With the help of the right credit card, travelers this summer can save big on their summer road trip.

About CreditDonkey.com
CreditDonkey.com is a credit card comparison site that publishes credit card research, informed opinions and related news/trends that empower American consumers to make informed credit decisions.

Use CreditDonkey.com and save time and money. For more information, go to http://www.creditdonkey.com.

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