Are you tired of spending a fortune on airfare? Then, there’s a good news! Travel hacking can be the solution to all your travel woes. It’s an exciting way to convert welcome bonuses and other incentives into miles which can be used to obtain discounted or complimentary flights for your ideal destinations. With a little imagination and some information, you’ll fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about exchanging credit card sign-up bonuses and incentives for airline miles. These miles can then be used to pay for discounted or even free flights. Some credit cards also permit you to use miles to pay for hotel stays or rental car offers.
How Does it Work?
The most effective method for success in hacking your travel plans is to take advantage of the sign-up bonuses for credit cards and building out frequent flyer miles with a limited number of airlines. When it comes time to book a flight, evaluate the cost. If the cost is under $300, it’s best to pay cash and use your miles to pay for a more expensive flight. If the prices start to rise above $500, you’ll want to look into those frequent flyer accounts and determine which airline offers you the most value. It all boils down to the number of miles or points in your travel bank for every airline.
Start with Travel Hacking
Are you interested in learning the secrets of travel hacking? The first step is to open the credit card that comes that comes with a welcome bonus. There are a lot of fantastic credit cards that provide various benefits and features. It depends on the type of airline, spending habits and what features are important to you.
Top Credit Card Picks
Here are a few credit cards that are great for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
After you’ve been accepted for a credit card you’ll have to meet the minimum spend limit in order to receive the bonus. Every card has different rules, so be sure to check for this information. From there, it’s all about racking miles and using them to book your dream trip!
Ready to jet-set with your goals?
Once you’ve accumulated your points balance, it’s time to cash them in for some sweet vacation! Different credit card companies will offer different ways to redeem your rewards, here are some examples from a few of the providers I’ve worked with:
Getaway through Chase Ultimate Reward
If you have a Chase credit card, then you can use your points to redeem them through the Ultimate Rewards portal. Through the portal, you’ll get access to nearly every airline. You can make use of a combination of money and points to book your next trip. You can even book entirely using points if you’ve got the balance for it! Sometimes, even if you don’t possess enough points for the entire price, you can buy flights with Chase Ultimate Rewards portal and pay the balance in cash using the credit card of your choice.
Are you tired of paying full price for your flights? Did you realize that when booking directly through United you can choose the option to pay with dollars or points? Be careful that if you don’t have enough points you aren’t able to combine points and dollars on the same flight. No worries though, if you’re a few point short United gives you the possibility of purchasing additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue offers an enjoyable and comfortable flight experience with extra legroom and free snacks. Plus, their booking process is like United’s, allowing passengers to book flights using JetBlue points or dollars but not both. The difference is that JetBlue offers a distinct feature where you can pool your points together with your relatives to earn points twice as fast. Be sure to verify that you are a family member before trying to hack into the system.
Hit that Minimum Spend
If you’re like me and my travel companion Becca, you’re probably pretty economical and it’s challenging to attempt to spend thousands of dollars to reach the required amount to qualify for the credit card bonus. Don’t worry because we’ve been there and are here to share our tips and tricks.
Pay your rent (if you can)
This is an important one! If you’re able pay your rent using a credit card, do it! Be prepared to be charged a fee, typically around 3%. It might be worth it in the long run when the bonus is large enough.
Make a payment on a medical expense
Another great way to hit the spending limit is to cover an medical bill. If you do not have any medical expenses due Ask your relatives if you could pay for theirs and they can reimburse you.
Pay off a loan
If you’re a borrower take into consideration repaying them using your credit card. Make sure to pay off the balance on your credit card completely so that you don’t accumulate more debt.
Ask family members for assistance
Talk to your family and determine if they’ve got any major expenses in the near future that you can help pay for. Be sure to be sure that you’re able to are able to trust the person and that they are aware of the reason for taking the initiative.
If it’s the holiday season, consider buying all your gifts with the credit card you have. This way you can reach the minimum spending requirement and also be prepared to give gifts. Be sure to avoid paying more than you already contemplating to.
There are plenty of ways to get the most from the travel credit card. You can earn miles or points to spend on the cost of flights or other expenses related to travel. Here are a few more ideas for maximizing your rewards
Pay for travel expenses using your credit card
Whenever you’re planning a vacation, make use of you travel credit card to pay for your hotel, flight, rental car, and other travel costs. You’ll not only be able to meet the minimum spend to qualify for a credit card as well, but you’ll also earn points or miles on those expenditures.
Use your credit card for all your daily costs
Another method to reach the minimum spending requirement and earn points is utilising your credit cards to pay for everyday expenses. This could include things like food, gas and even your telephone bill. Be sure to pay off the balance each month in full so you don’t accrue interest charges.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points for specific types of purchases, such as dining or travel. Be sure to review your rewards program on your credit card and avail the bonus categories that are in line with your spending habits.
Take into consideration a balance transfer
If you have existing debt on a credit card, think about transferring the balance to a travel credit card with an introductory rate of 0% for balance transfer. This will enable you to pay off the debt without accruing interest and simultaneously assist you in reaching the minimum spend for the credit card bonus.
Use your points or miles prudently
Once you’ve accumulated a substantial amount of miles or points Make sure to utilize the points or miles wisely. Check out the rewards program on your credit card and then compare the value of different redemption options. For instance you can use points to purchase a flight directly with the airline might provide you with a greater value than using them to purchase a gift card.
Another suggestion is to use a rewards card that allows you to transfer your points to other loyalty programs. This allows you to enjoy a greater variety of options and greater flexibility in making use of your rewards. For example, you may be capable of transferring your reward to an airline’s frequent flyer program or a hotel rewards program. This can give you access to a wider selection of hotels, flights, and other travel perks that aren’t available through the rewards program on your credit card.
Also, determine if your credit card offers certain benefits that will help you save money on travel costs. Many cards offer travel insurance and rental car insurance, baggage protection and other benefits that could be very beneficial when traveling.
Finally, when you’re traveling with someone else each of you will be able to earn rewards using your credit card. Just remember that you can’t share the costs on the same card and make sure you keep track of your rewards separately.
Overall, the key to reaping the maximum benefits from your rewards for travel is to be aware of the rewards program on your credit card and to ensure you’re using it in the most effective way possible. Utilizing a combination of the strategies I’ve listed, you’ll be able to earn rewards quickly, redeem them for travel experiences that are worth it and take advantage of a broad assortment of travel-related perks.