What Are the Benefits of Global Entry for Credit Card Holders?
What Are the Benefits of Global Entry for Credit Card Holders?
Global Entry is a U.S. Customs and Border Protection program that allows expedited clearance for pre-approved, low-risk travelers upon arrival in the United States. While the benefits of Global Entry are clear for frequent international travelers, credit card holders may also reap some rewards.
Reduced Wait Times at Customs
One of the most significant benefits of Global Entry for credit card holders is reduced wait times at customs. With Global Entry, travelers can bypass long lines and use automated kiosks to complete the entry process. This can save considerable time and reduce stress, especially for those who travel frequently.
Waiver of Global Entry Application Fee
Some credit cards offer a waiver of the Global Entry application fee, which is $100 for a five-year membership. This can be a significant savings for those who plan to use the program regularly.
TSA PreCheck Eligibility
Global Entry members are also eligible for TSA PreCheck, which allows expedited security screening at participating airports in the United States. This can save time and reduce hassle at the airport, making travel more enjoyable.
Travel Insurance Coverage
Some credit cards that offer Global Entry benefits may also come withtravel insurance coverage. This can include trip cancellation/interruption insurance, baggage delay insurance, and travel accident insurance. These benefits can provide peace of mind and financial protection while traveling.
Earn Travel Rewards
Credit card holders can alsoearn travel rewardswhen using their card to pay for the Global Entry application fee or any other travel-related expenses. This can include airline miles, hotel points, or cash-back rewards.
Investment Strategies for Frequent Travelers
Frequent travelers may benefit from investment strategies that provide consistent returns and liquidity. One option is to invest in mutual funds or exchange-traded funds (ETFs) that focus on the travel industry, such as airlines, hotels, and travel technology companies. Another option is to invest in dividend-paying stocks that have a strong track record of performance and stability. Diversification is key to reducing risk and maximizing returns.
In conclusion, the benefits of Global Entry for credit card holders are numerous, including reduced wait times at customs, waiver of the application fee, TSA PreCheck eligibility, travel insurance coverage, and the ability to earn travel rewards. For those who travel frequently, investing in travel-related mutual funds or dividend-paying stocks may also provide a way to maximize returns while enjoying the benefits of travel.
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