Are you tired of paying a fortune on airfare? Well, good news! Travel hacking can be the solution to your travel-related problems. It’s an exciting method to convert bonus and sign-up incentives into airline 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 in no time.
The Basics of Travel Hacking
Travel hacking is all about swapping credit card sign-up bonus and rewards for airline miles. These miles can later be used to purchase cheap or free flight tickets. Certain credit cards will also let you redeem miles for hotel stays and car rental deals.
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 establishing a frequent flyer mile program with a limited number of airlines. When it comes time to make a booking, evaluate the cost. If the price is under $300, it’s generally better to pay in cash and save your miles to book a higher-priced flight. When the flights start getting higher than $500, it’s best to look into the frequent flyer account to see which airline can give you the most value. All it boils down to is the number of points or miles you have in your travel bank for every airline.
Begin by Getting Started with Travel Hacking
Are you interested in learning the secrets to travel hacking? First step to open an account with a sign-up offer. There are many great credit cards with various features and benefits. It depends on the type of airline, your habits with spending and the features that are most essential to you.
Top Credit Card Picks
Here are some credit card options that can be perfect for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
Once you’ve been approved for a credit card, you’ll need to reach the minimum spend limit in order to qualify for the bonus. Every card has different rules, so make certain to verify the details. From there it’s all about building up miles and using them to plan your dream trip!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up your points amount, it’s time to use them towards nice travel! Different credit card providers will offer different ways to redeem your rewards, here are a few examples from some of the companies I’ve had experience with:
Take a trip by using Chase Ultimate Rewards
If you have a Chase cards, you can redeem your points through the Ultimate Rewards portal. Within it, you’ll get access to almost every airline, and you can combine the points as well as cash in order to pay for your next trip. You can even book completely using points if you’ve got the balance for it! Sometimes, even if you don’t have enough points to cover the total cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance cash using the credit card of your choice.
Are you fed up of paying full price for your flight tickets? Did you know that when you book directly through United you can choose the option of paying with either points or dollars? Butbe aware that if you don’t have enough points you cannot combine points and dollars on flights. Don’t worry, though, if you’re only a couple of point short United also offers the option of buying additional miles.
Looking for a flight within the United States? Look no further than JetBlue! JetBlue offers a comfortable and enjoyable travel experience that includes extra space and complimentary snacks. In addition, their booking procedure is similar to United’s, allowing you to book with either JetBlue dollar or points, but not both. However, JetBlue has a unique feature where you can join your points with your relatives to earn points twice as fast. Make sure to verify that you are a family member before trying to hack into the system.
Make sure you spend that minimum amount
If you’re like me or my travel companion Becca, you’re probably pretty economical and it’s difficult to think of spending thousands of dollars to hit the minimum amount required to earn the credit card bonus. But don’t fret as we’ve done it and we’re here to share our tricks and tips.
Pay your rent (if you can)
This is a huge one! If you’re able pay your rent with a credit card, do it! Be prepared to be charged a fee, typically about 3 percent. It may be worth it in the end when the bonus is large enough.
Pay a medical bill
Another great way to hit the spending limit is to cover a medical bill. If you do not have any medical expenses due, ask your relatives if you could pay them for theirs, and they can pay you back.
Make a payment to pay off the loan
If you’re a borrower, consider paying them off with an credit card. Be sure to pay off the credit card balance in full , so that you don’t accrue more debt.
Ask your family members for help
Ask your family members to look into any large expenses coming up that you can contribute for. Just make sure you are able to trust the person and that they know why you’re taking the initiative.
If you’re in the middle of the holiday season, consider buying all your gifts using cards from your credit account. This way you can reach the minimum spending requirement and be ready for giving gifts. Just make sure you’re not paying more than you already planning to.
There are a lot of ways to make the most of the travel credit card. You can accumulate miles or points that you can be used towards the cost of flights or other expenses related to travel. Here are some additional suggestions for maximising the rewards you earn:
Book travel expenses with your credit card
If you’re planning a trip, make use of the travel credit card to book your flight, hotel, rental car, and any other travel-related expenses. Not only will you be able to meet the required amount to earn your credit card reward as well, but you’ll also be earning points or miles for those expenses.
Utilize your credit card to pay for all your daily costs
Another method to reach the minimum spending requirement to earn rewards is by utilising your credit cards for everyday costs. This could be things like gas, groceries and even your telephone bill. Make sure you pay the balance off in full every month to ensure you don’t accumulate interest.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points for certain types of purchases, like eating out or traveling. Check out your rewards program on your credit card and make use of any bonus categories that align with your spending routines.
Consider a balance transfer
If you’re in the middle of a debt on a credit card, think about transferring that balance onto a travel credit card with the introductory APR of 0% for balance transfer. This will enable you to pay off your debts without accruing interest. It will also help you hit the minimum amount required to earn the credit card bonus.
Utilize your miles and points wisely
When you’ve earned a significant amount of miles or points make sure you use the points or miles wisely. Examine the rewards program of your credit card and compare the value of different redemption options. For instance using points to purchase a flight directly through the airline may give you a better value than using them to purchase the purchase of a gift card.
Another suggestion is to use a rewards card that allows you to transfer points to other loyalty programs. This allows you to have a wider range of options and greater flexibility when you want to redeem your rewards. For example, you may be capable of transferring your rewards to the frequent flyer program of an airline or reward program for hotels. This gives the benefit of a larger range of flights, hotels, and other travel perks which are not offered through the rewards program on your credit card.
Also, find out whether your credit card has some perks that could help you save money on travel expenses. Some cards offer travel insurance, rental car insurance, baggage protection, and other benefits that can be invaluable when you travel.
If you’re traveling with a friend and both of you get rewards on your credit card. Just remember that you can’t share the costs on the same card. Also, make sure you keep track of the rewards you earn separately.
The key to making the most of your travel rewards is to understand the rewards program on your credit card and make sure you’re making use of your credit card in the most efficient method possible. Utilizing a combination of the strategies I’ve listed in this article, you’ll be able get rewards in a short time, use them for valuable travel experiences and benefit from a wide assortment of travel-related perks.