 Hello everyone, this is financial author Amit Don of Iran Journal. Today we'll talk about what is a hybrid travel reverse credit card? Travel reverse credit cards can help you travel faster and possibly also a new free or partially free travel Due to the generous returns the offer on daily spending In general, there are usually two ways these credit cards accumulate travel reverse points These are proprietary reverse points and hotel or airline reverse points. However There is another type of credit card that offers best of the both world By providing more options Called a hybrid travel credit card today. I'll talk about this new breed of increasing popular credit cards called hybrid travel reverse credit card proprietary reverse credit cards are tied to credit companies on reverse points for each dollar you spend You usually collect one or two real reverse points that usually offer a once in value per point For example, if you spend one hundred dollars, you'll get one hundred points if one point is being offered for each dollar These accumulated points can be used against your credit card travel purchases and that's how this proprietary points work So what you see is what you get when it comes to proprietary points for example Your return on your credit card purchases will be based on how many points the cards offer and you cannot exceed that rate of return if you get one point per dollar Your return is 1% if you get four points per dollar your return will be 4% if per point is valued at 1 cent The airline or hotel credit cards offer hotel or airline points instead of proprietary points The beauty of these points is that since there is no fixed amount attached the rate of return can be staggering 5 to 7 percent If you're knowledgeable about the hotel or airline reverse programs and know how to redeem to maximize returns now What if you neither want proprietary points nor airline hotel points, but want it all That's where the hybrid credit card is coming Hybrid credit cards give you the option and flexibility to redeem points as proprietary points Or you can transfer them to other hotel airline reverse programs So hybrid credit cards work for both consumers who want straightforward proprietary points with fixed rate of return Or for those who are knowledgeable about the ins and outs of hotel reward and airline reverse programs And want to maximize returns by converting these points to hotel airline reverse programs The two popular hybrid cards in Canada are American Express Gold Rewards card and RBC Visa Infinite Avion cards as Consumers are looking for more options Expect more entrances of hybrid travel credit cards on the market in the future. That's all for today. Thank you