Travel credits entice many millennials who sign up for credit cards.
survey has a sample size of 2,522 adults, including 2,097 credit-card holders, and was conducted online April 10-12 by YouGov Plc. The margin of error was about 2%.
of younger millennials choose a sign-up bonus as their favorite feature, and 31% say 3% cash back. Among older millennials, it's about a tie with 33% opting for a sign-up bonus and 32% for 3% cash back. Free travel through credit-card bonuses"is great if you maximize it, but a lot of people would benefit from the simplicity and universality of 3% cash back, because they don’t have the time, energy or lifestyle to maximize travel rewards," he says."Not everyone can drop everything to pounce on an amazing travel deal. And, if you’re stuck traveling during peak times like school breaks, you probably won’t get the best value for your points or miles.
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