Are you tired of paying a fortune on airfare? Well, good news! Travel hacking can be the solution to all your travel problems. It’s a fun way to convert credit card sign-up bonuses and incentives into airline miles that can then be used to get discounted or even cheap flights from your ideal destinations. With a bit of imagination and some information, you’ll travel for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is about trading credit card sign-up bonuses as well as incentives to earn airline miles. The miles can be used to purchase discount or no-cost flights. Certain credit cards will also allow you to redeem miles towards hotel stays or car rental deals.
How Does it Work?
The most effective method for successful travel hacking is to take advantage of the credit card sign-up bonus and establishing frequent flyer miles on a select group of airlines. When you are ready to make a booking consider the cost. If the cost is less than $300, it’s usually better to pay cash and save your miles to take a more costly flight. If the prices start to rise higher than $500, it’s best to check those frequent flyer accounts and see which airline can give you the best deal. It all boils down to the number of miles or points you have in your travel savings account for every airline.
Get Started with Travel Hacking
Are you interested in learning the secrets to travel hacking? The first step is opening an account with a sign-up offer. There are plenty of great credit cards that provide various advantages and features. It all depends on your preferred airline, spending habits and what features are essential to you.
Top Credit Card Picks
Here are a few credit cards that are 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 hit the spending limit for minimum expenditure in order to qualify for the bonus. Every credit card has its own set of guidelines, so make sure to check for the details. From there it’s all about building up miles and then using them to book your dream trip!
Are you ready to go on a jet-setting with your goals?
Once you’ve accumulated the points balance, it’s time 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 companies I’ve had experience with:
Getaway with Chase Ultimate Rewards
If you have an Chase credit card, then you are able to use your points to redeem them through the Ultimate Rewards portal. In it, you’ll get access to almost every airline. You can use a combination of money and points to pay for your travel. You can book your flight entirely with points if you’ve the funds to pay for it! Sometimes even if you do not possess enough points for the total cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance cash using every credit card.
Are you tired of paying the full cost for your flights? Did you know that when you book directly through United you can choose the option of paying using either points or dollars? Butbe aware that if you do not have enough points you aren’t able to combine points and dollars for flights. No worries though, if you’re just a few points short, United also offers the possibility of purchasing additional miles.
Are you looking for a domestic flight? You should look no further than JetBlue! JetBlue offers a comfortable and enjoyable flight experience , with more space and complimentary snacks. Additionally, their booking process is like United’s, allowing you to book with either JetBlue either dollars or points, but not both. But, JetBlue has a unique feature that allows you to join your points with family members to accrue points twice as quickly. Make sure to prove you’re really family before trying to hack the system.
Make sure you spend that minimum amount
If you’re anything like me and my travel companion Becca You’re probably quite frugal and it can be daunting to try to spend thousands of dollars to hit the required amount to qualify for the 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 to pay for your rent with a credit card, do it! Be prepared to pay a fee, usually about 3%. It could be worthwhile over the long term when the bonus is large enough.
Pay a medical bill
Another excellent way to meet the required spending is to pay for a medical bill. If you don’t have any medical bills in the near future Ask your family members to pay for theirs and they can pay you back.
Repay a loan
If you’re a borrower take into consideration making payments on them with an credit card. Be sure to pay off the balance on your credit card completely so that you don’t accrue more debt.
Ask family for help
Talk to your family and look into any large expenses coming up that you can contribute for. Be sure to be sure that you’re able to trust the person and they are aware of the reason for taking the initiative.
If you’re celebrating the holidays, consider buying all your gifts using your credit card. This way you can meet the minimum spending limit and also be ready for giving gifts. Make sure that you’re not spending more than you thinking of.
There are plenty of ways to make the most from the travel credit card. You can accumulate miles or points that you can spend on 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
When you’re planning your next trip, make use of your travel credit card for booking your hotel, flight, rental car, and any other travel expenses. You’ll not only be able to meet the required amount for your credit card reward as well, but you’ll also be earning points or miles on the expenses.
Utilize your credit card to pay to pay for your everyday expenses
Another way to meet the minimum amount of spending and earn points is by making use of your credit card to pay every day expenses. This can include things like food, gas or even your phone bill. Be sure to pay the balance off each month in full so you don’t accrue interest charges.
Benefit from bonus categories
A lot of travel credit cards provide bonus points or miles on certain kinds of purchases, like eating out or traveling. Be sure to review your credit card’s rewards program and make use of any bonus categories that match with your spending routines.
Consider a balance transfer
If you’re in the middle of a debt on a high-interest credit card, consider transferring that balance onto a travel credit card with an introductory rate of 0% for balance transfers. This will allow you to pay off your debts without accruing interest and simultaneously help you hit the minimum spend for the credit card bonus.
Make use of your miles or points wisely
When you’ve earned a significant amount of miles or points, be sure to use them wisely. Examine the rewards program of your credit card and then compare the value of different redemption options. For example using points to book a flight directly with the airline could give you a better value than using them to purchase an gift card.
Another tip is to use an rewards card that permits you to transfer your reward points into other loyalty programmes. This will let you enjoy a greater variety of choices and more freedom when it comes to redeeming your rewards. For instance, you might be able to transfer your reward to an airline’s frequent flyer program or a hotel rewards program. This will give an access larger selection of hotels, flights, and other travel perks that aren’t offered through the rewards program of your credit card.
Also, determine the card’s benefits. some perks that could help you save money on travel expenses. A lot of credit cards provide travel insurance, rental car insurance, baggage protection and other benefits that could be extremely valuable when you’re traveling.
When you travel with a friend each of you will be able to get rewards on your credit card. Be aware that you cannot split the cost on the same card, and be sure you keep track of your rewards separately.
In the end, the most important thing to do to maximizing your travel rewards is to know the rewards program of your credit card and make sure you’re using it in the most efficient method. Utilizing all of the strategies I’ve outlined in this article, you’ll be able earn rewards quickly, redeem them for valuable travel experiences, and enjoy a wide variety of travel benefits.