Are you tired of paying a fortune on airfare? Good news! Travel hacking can be the solution to your travel-related problems. It’s an exciting method to turn credit card welcome bonuses and other incentives into miles which can be used to score discounted or free flights to your ideal destinations. With a little imagination and a little bit of insider 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 as well as incentives to earn airline miles. The miles can be used to purchase discounted or even free flights. Certain credit cards allow you to redeem miles towards hotel stays or car rental discounts.
How Does it Work?
The key to success in travel hacking is to take advantage of the sign-up bonuses for credit cards and building out a frequent flyer mile program for a specific group of airlines. When it comes time to book a flight take a look at the price. If the price is less than $300, it’s usually better to pay in cash and save your miles for a more expensive flight. If the prices start to rise above $500, you’ll want to look into the frequent flyer account to find out which airline will give you the best deal. It all boils down to the amount of points or miles you have in your travel bank for every airline.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets of travel hacking? The first step is to open an account with a sign-up offer. There are plenty of great credit cards that offer a variety of features and benefits. It is all dependent on the airline, spending habits and what features are important to you.
Top Credit Card Picks
Here are some credit cards excellent to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit card you’ll need to hit the limit of spending minimum in order to get the bonus. Every card has different rules, so make sure to check for the details. From there you can begin to rack miles and using them to plan your dream vacation!
Ready to jet-set with your goals?
Once you’ve accumulated your points balance, you’re ready to cash them in for some nice vacation! Different credit card companies will have different methods of redeeming your rewards, here are some examples from some of the ones I’ve worked with:
Take a trip with Chase Ultimate Rewards
If you own a Chase card, you are able to redeem your points via the Ultimate Rewards portal. Within this portal you’ll get access to virtually every airline and you can make use of a combination of the points as well as cash in order to pay for your next trip. You can even book entirely with points if you’ve enough balance! Sometimes even if you don’t possess enough points for the entire cost, you still can buy flights with Chase Ultimate Rewards portal and pay the balance in cash with any credit card.
Are you tired of paying full price for flights? Did you realize that when booking directly through United You have the option of paying using dollars or points? But, be careful in case you do not have enough points you cannot combine points and dollars on one flight. If you’re only a couple of points away, United gives you the option to purchase additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue offers an enjoyable and comfortable flight experience with extra space and complimentary snacks. In addition, their booking procedure is similar to that of United Airlines that allows you to book with either JetBlue either dollars or points however, not both. However, JetBlue has a unique feature that lets you pool your points together with family members to accrue points twice as quickly. Be sure to verify that you are a family member before trying to hack the system.
Reach that Minimum Spend
If you’re like me and my travel buddy Becca You’re probably quite economical and it’s challenging to attempt to spend thousands of dollars in order to meet the required amount to qualify for a credit card bonus. However, don’t be worried, we’ve been through it and we’re here to share some of our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able pay your rent using credit card, go for it! Just be prepared to pay a cost, which is usually around 3%. It might be worth it over the long term in the event that the bonus is substantial enough.
Make a payment on a medical expense
Another excellent way to meet the required spending is to cover a medical bill. If you do not have any medical expenses in the near future Ask your relatives if you could pay their medical bills and they can reimburse you.
Pay off a loan
If you’re a borrower, consider paying them off with your credit card. Make sure to pay the credit card balance in full , so that you don’t accumulate more debt.
Ask your family members for help
Discuss your family with them and look into any major expenses in the near future that you can contribute for. Be sure to be sure that you’re able to trust the person and they know why you’re taking the initiative.
If it’s the holiday season you should consider purchasing all your gifts using the credit card you have. In this way, you’ll meet the minimum spending limit and also be prepared to give gifts. Just make sure you’re not spending more than you already planning to.
There are plenty of ways to get the most of your travel credit card. You can earn miles or points to be used towards flights or other travel-related expenses. Here are some additional ways to maximize the rewards you earn:
Book travel expenses with your credit card
When you’re planning your next vacation, make use of your travel credit card to book your flight, hotel or rental car, as well as other travel costs. You’ll not only achieve the required amount for your credit card reward, however, you’ll also earn points or miles to cover the expenditures.
Use your credit card for all your daily expenditures
Another method to reach the minimum spending requirement and earn points is using your credit card to pay every day expenditures. This can include items like groceries, gas, and even your phone bill. Just make sure to pay off the balance in full each month so you don’t accrue interest charges.
Take advantage of bonus categories
A lot of travel credit cards provide miles or points in exchange for specific types of purchases, such as eating out or travelling. Check out the rewards program of your credit card and take advantage of the bonus categories that are in line with your spending habits.
Consider a balance transfer
If you’re in the middle of a outstanding debt due to a high-interest credit card, think about transferring that balance to an account with a travel credit card that has an introductory rate of 0% for balance transfer. This will allow you to pay off the debt without accruing interest, and also help you hit the minimum amount required to earn the credit card bonus.
Use your points or miles prudently
Once you’ve accumulated a substantial amount of points or miles, be sure to use them wisely. Check out the rewards program on your credit card and compare the benefits of different redemption options. For example you can use your points to purchase a flight directly through the airline may offer better value than using them for the purchase of a gift card.
Another tip is to use an rewards card that permits you to transfer your points to other loyalty programs. This allows you to have a wider range of choices and more flexibility when redeeming your rewards. For example, you may be eligible to transfer your rewards to an airline’s frequent flyer program or hotel rewards program. This can give the benefit of a greater selection of hotels, flights, and other travel perks that aren’t available through the rewards program of your credit card.
In addition, you should determine the card’s benefits. some perks that could reduce your travel expenses. Many cards offer travel insurance and rental car insurance, baggage protection, and other benefits that can be invaluable when you travel.
When you travel with someone else and both of you earn rewards with your own credit card. Just remember that you can’t divide the cost with the same card, and be sure to track your rewards in a separate manner.
Overall, the key to making the most of your rewards for travel is to be aware of the rewards program on your credit card and ensure that you’re using this program in the most efficient method possible. Utilizing all of the methods I’ve described in this article, you’ll be able get rewards in a short time, use rewards for valuable travel experiences and take advantage of a broad variety of travel benefits.