This summer's travel season will include high prices due to inflation and pent-up demand. But unlike last year, gas prices will work in consumers' favors.
"People want to go somewhere, they want to do something," Rossman said. "There's still a lot of pent-up demand that backed up during the pandemic."Bankrate's survey foundOpting to drive instead of fly was one of the more common changes, Rossman said. Other ways people are looking to cut costs is by choosing cheaper accommodations or destinations or by traveling for fewer days.
Even while gas prices are not as high this summer, there are still several ways to consider ramping up your savings if you or your family plan to take a road trip.Some credit cards may give you up to 5% cash back on gas, according to Rossman. That includes brands like Chase Freedom Flex and Discover it Cash Back, he said, which are offering that rate from July through September.It is also worthwhile to check the perks that your existing credit cards may offer, Rossman said.
Drivers should also look to stack offers where they can. A credit card may offer 5% cash back on gas, and a gas station app may provide a 10% offer per gallon, Rossman said.Rental cars are also comparatively cheaper this year, Rossman said. If you're thinking of renting a car, be sure to double check whether your credit card may already offer insurance coverage.
"A lot of times credit cards have various travel perks built in that people may not even realize they have," Rossman said, which may also include provisions for trip delays or cancellations as well as lost or delayed luggage.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Curren Price: LA Council president calls for his suspension amid corruption allegationsRegarding the charges against Councilman Curren Price, LA City Council President Paul Krekorian noted that the council does not know whether they have merit.
Read more »
USD/INR Price News: Indian Rupee retreats from monthly low to 82.20 amid post-Fed consolidationUSD/INR Price News: Indian Rupee retreats from monthly low to 82.20 amid post-Fed consolidation USDINR RiskAversion Fed InterestRate Macroeconomics
Read more »
Curve’s (CRV) price hits a 1-year low amid looming liquidation threatCurve’s $CRV token hit a 1-year low due the liquidation threat presented by a $264 million CRV-collateralized DeFi loan. On the flipside, there is an increased chance of a powerful short squeeze.
Read more »
Oxy's rising share price pushes it to top of Chronicle 100 amid energy's dominanceA synopsis of the Houston area’s best-performing public companies last year can be found in a song lyric familiar to any casual fan of The Who: “Meet the new boss. Same as the old boss.”
Read more »
GBP/USD Price Analysis: Sets for a break above 1.2800 amid a positive market moodThe GBP/USD pair is gathering strength for climbing above the round-level resistance of 1.2800 in the early European session. The Cable has already sh
Read more »
Trust Wallet Token (TWT) up 10%, Here's What's Behind RunTrust Wallet Token leading market momentum amid Bitcoin and general altcoin sell-off
Read more »