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Companion Tickets: The Perk That's Not Always Rewarding

"Buy one, get one free" deals aren't confined to bags of chips at the supermarket or sneakers at the shoe store: Many travel-rewards credit cards offer free or heavily discounted companion tickets on plane flights.Those perks can save travelers hundreds of dollars, but there are typically requirements and restrictions that can make the offers less appealing."It sounds good, but a lot of times it's a marketing angle," says Geoff Whitmore, founder of NoobTraveler , a site that focuses on travel rewards. "You think, 'Oh, a companion ticket.' Then you find out it's not as flexible as you thought when you applied for the card."The best advice, Whitmore says, is to read the terms and conditions about the companion tickets before you apply for a card, especially if the ability to travel cheaply with a friend or relative is a major reason for applying.As far as credit card travel perks go, companion tickets have traditionally been a minor selling point, an extra tacked on alongside other featu...

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