The complimentary offering associated with a premium rewards card provides a statement credit for qualifying travel purchases. This benefit, typically an annual amount, helps offset expenses incurred on hotels, airlines, or other travel-related services. For example, a cardholder might receive a $300 credit each year, automatically applied to their statement after charging travel expenses to the card.
This perk enhances the value proposition of the associated card, attracting customers who frequently travel. Its existence provides a tangible reduction in travel costs, effectively increasing the cardholder’s purchasing power. Historically, such amenities have been used to cultivate customer loyalty and encourage continued card usage, contributing significantly to the profitability of the card program.
