Are you tired of paying thousands of dollars on travel? Good news! Travel hacking can be the solution to all your travel woes. It’s an exciting way to convert credit card bonus and sign-up incentives into airline miles, which you can use to get discounted or even complimentary flights for your dream destinations. With a little imagination and some know-how, you’ll travel for free 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 then be used to pay for discounted or even free flights. Certain credit cards will also let you redeem miles to pay for hotel stays or car rental deals.
How Does it Work?
The key to success in travel hacking is to take advantage of the credit card sign-up bonus and establishing a frequent flyer mile program with a limited number of airlines. When you are ready to book a flight take a look at the price. If the price is under $300, it’s generally better to pay cash and save your miles for a more expensive flight. If the prices start to rise above $500, you’ll want to review the frequent flyer account to see which airline can give you the best price. All it boils down to is the amount of points or miles in your travel account for each airline.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets to travel hacking? The first step is to open the credit card that comes with a sign-up offer. There are a lot of fantastic credit cards with many benefits and features. It all depends on your preferred airline, spending habits and what features are crucial to you.
Top Credit Card Picks
Here are a few credit cards excellent to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
Once you’ve been approved for a credit or debit card, you’ll need to hit the limit of spending minimum in order to get the bonus. Every credit card has its own set of rules, so be sure to look up the details. Then it’s all about building miles and then using them to book your dream vacation!
Ready to jet-set with your ideas?
After you’ve accrued the points amount, it’s time to use them towards delicious getaway! Different credit card companies have different methods for redeeming your points, but here are some examples from some of the ones I’ve had experience with:
Take a trip through Chase Ultimate Reward
If you’re a holder of a Chase cards, you are able to use your points to redeem them through the Ultimate Rewards portal. Within this portal you’ll get access to virtually every airline and you can use a combination of the points as well as cash in order to book your travel. You can book your flight entirely with points if you’ve the balance for it! Sometimes even if you do not be able to accumulate enough points in order to pay for full cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance in cash using any credit card.
Are you tired of paying full price for flights? Did you know that when you book directly through United you can choose the option of paying with dollars or points? But, be careful, if you don’t have enough points you aren’t able to combine dollars and points on the same flight. If you’re a few points away, United gives you the option to purchase additional miles.
Looking for a flight within the United States? Look no further than JetBlue! JetBlue provides an enjoyable and comfortable flight experience with extra legroom as well as free snacks. Additionally, their booking process is like United’s, allowing customers to book using either JetBlue either dollars or points but not both. However, JetBlue offers a distinct feature that allows you to pool your points together with your family members and earn points twice as fast. Be sure to establish that you’re a real family member prior to trying to hack into the system.
Hit that Minimum Spend
If you’re anything like me and my travel buddy Becca You’re probably quite frugal and it can be difficult to think of spending thousands of dollars to hit the minimum amount required to earn credit card bonuses. Don’t worry, we’ve been through 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 using a credit card, do it! Be prepared to pay a cost, which is usually about 3%. It could be worthwhile in the long run when the bonus is large enough.
Pay for a medical bill
Another way to reach the spending limit is to pay for a medical bill. If you do not have any medical expenses coming up Ask your relatives if you could pay them for theirs, and they can pay you back.
Repay the loan
If you have any loans take into consideration paying them off with an credit card. Make sure to pay off the credit card balance in full , so that you don’t accumulate more debt.
Ask your family members for help
Ask your family members to determine if they’ve got any big expenses coming up 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 know why you’re doing this.
If you’re in the middle of the holiday season take into consideration buying all your gifts using the credit card you have. So you’ll be able to hit that minimum spend and also be ready to give gifts. Just make sure you’re not spending more than you were already planning to.
There are plenty of ways to make the most out of the travel credit card. accumulate miles or points that you can use towards the cost of flights or other expenses related to travel. Here are a few more ideas for maximizing your rewards
Book travel expenses with your credit card
If you’re planning a trip, make use of you travel credit card to book your hotel, flight or rental car, as well as any other travel expenses. Not only will you be able to hit the minimum spend for your credit card reward and earn points, however, you’ll also earn points or miles for these expenditures.
Utilize your credit card to pay to pay for your everyday expenditures
Another method to reach the minimum spend and earn points is utilising your credit cards to pay everyday expenses. This can include items like groceries, gas, and even your phone bill. Be sure to pay the balance off in full every month to ensure you don’t pay interest.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points for certain types of purchases, like dining or travel. Make sure you review your rewards program on your credit card and take advantage of any bonus categories that align with your spending habits.
Consider the possibility of transferring your balance
If you are currently in debt on a credit card, consider transferring that balance to the travel credit card which has an introductory rate of 0% for balance transfer. This will enable you to pay off your debt without accruing interest and simultaneously help you hit the minimum spending requirement for the credit card’s bonus.
Utilize your miles and points carefully
When you’ve earned a significant amount of miles or points Make sure to utilize them in a responsible manner. Check out the rewards program on your credit card and then compare the value of different redemption options. For instance using points to book a ticket directly with the airline could provide you with a greater value than using them for a gift card.
Another tip is to use a rewards card that allows you to transfer your points to other loyalty programs. This will allow you to get a wider selection of choices and more freedom when it comes to making use of your rewards. For instance, you might be capable of transferring your rewards to an airline’s frequent flyer program or a hotel rewards program. This will give the benefit of a wider variety of hotels, flights and other travel benefits which are not available through the rewards program of your credit card.
Also, determine the card’s benefits. any perks that can help you save money on travel costs. Many cards offer travel insurance and rental car insurance, baggage protection, and other benefits that are invaluable when you travel.
When you travel with someone else and both of you get rewards on your credit card. Make sure you don’t share the costs on the same card. Also, make sure to track the rewards you earn separately.
Overall, the key to reaping the maximum benefits from your travel rewards is to understand your credit card’s rewards program and ensure that you’re using your credit card in the most efficient method. Through all of the strategies I’ve listed that you can earn rewards fast, exchange them for valuable travel experiences and benefit from a wide variety of travel benefits.