Are you tired of spending an enormous amount on flights? Good news! Travel hacking can be the solution to your travel-related problems. It’s an exciting way to turn credit card bonus and sign-up incentives into airline miles that can then be used to get discounted or even cheap flights from your dream destinations. With a bit of imagination and some knowledge, you can be jet-setting for free in no time.
The Basics of Travel Hacking
Travel hacking is all about trading credit card sign-up bonuses as well as incentives to earn airline miles. The miles can be used to purchase cheap or free flight tickets. Certain credit cards let you redeem miles for hotel stays and rental car offers.
How Does it Work?
The secret to success in hacking your travel plans is to take advantage of the credit card sign-up bonus and building out a frequent flyer mile program for a specific group of airlines. When you are ready to make a booking consider the cost. If the price is less than $300, it’s usually better to pay in cash and use your miles to pay to book a higher-priced flight. When the flights start getting over $500, you’ll need to review your frequent flyer accounts to see which airline can give you the best deal. All it boils down to is the number of points or miles you have in your travel account for each airline.
Get Started with Travel Hacking
Are you ready to discover the secrets of travel hacking? The first step is opening a credit card with a sign-up offer. There are many great credit cards with various features and benefits. It is all dependent on the airline, your habits with spending and what features are essential 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 or debit card, you’ll need to reach 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. From there, it’s all about racking miles and using them to book your dream vacation!
Are you ready to set sail with your goals?
Once you’ve accumulated your points amount, it’s time to redeem them for some delicious travel! Different credit card companies will have different methods for redeeming your points. Here are some examples from some of the companies I’ve worked with:
Getaway through Chase Ultimate Reward
If you have an Chase card, you can use your points to redeem them through the Ultimate Rewards portal. Through this portal you’ll get access to almost every airline, and you can make use of a combination of points and cash 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 possess enough points for the entire price, you can purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash with 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 using dollars or points? Be careful that if you do not have enough points you cannot combine dollars and points on the same flight. No worries though, if you’re just a few points short, United provides the option of buying additional miles.
Looking for a domestic flight? Look no further than JetBlue! JetBlue provides an enjoyable and comfortable flight experience with extra legroom as well as free snacks. In addition, their booking procedure is similar to United’s that allows customers to book using either JetBlue either dollars or points, but not both. But, JetBlue has a unique feature that allows you to join your points with your relatives to earn points twice as quickly. Be sure to prove you’re really family before trying to hack into the system.
Make sure you spend that minimum amount
If you’re like me and my travel companion Becca, you’re probably pretty frugal and it can be daunting to try to spend thousands of dollars in order to meet the required amount to qualify for credit card bonuses. However, don’t be worried, we’ve been through it and are here to share our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able to pay for your rent using a credit card, do it! Just be prepared to be charged a fee, typically around 3%. It could be worthwhile in the long run in the event that the bonus is substantial enough.
Pay for a medical bill
Another excellent way to meet the minimum spend is to pay for the medical bills. If you don’t have any medical bills in the near future Ask your family members to pay them for theirs, and they will reimburse you.
Repay the loan
If you have any loans take into consideration paying them off with an credit card. Just make sure you pay off the balance on your credit card in full , so that you don’t end up with additional debt.
Ask your family members for help
Discuss your family with them and look into any big expenses coming up that you can contribute for. Just make sure you are able to trust the person and that they understand why you’re doing this.
If you’re in the middle of the holiday season you should consider purchasing all of your gifts with cards from your credit account. In this way, you’ll reach the minimum spending requirement and also be ready for gift giving. Be sure to avoid spending more than you were 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 suggestions for maximising your rewards
Pay for travel expenses using your credit card
Whenever you’re planning a trip, use you travel credit card to book your flight, hotel or rental car, as well as other travel costs. You’ll not only be able to hit the minimum spend for your credit card reward, but you’ll also earn points or miles to cover these costs.
Make use of your credit card to pay to pay for your everyday expenditures
Another way to meet the minimum spend in order to accumulate points making use of your credit card to pay every day expenses. This can include things like food, gas or even your phone bill. Just make sure to pay off the balance each month in full so you don’t accrue interest charges.
Make the most of bonus categories
A lot of travel credit cards provide miles or points in exchange for certain types of purchases, including eating out or travelling. Make sure you review your rewards program on your credit card and avail any bonus categories that match with your spending routines.
Consider the possibility of transferring your balance
If you’re in the middle of a debt on a credit card, consider transferring that balance onto the travel credit card which has the introductory APR of 0% for balance transfers. This will let you pay off your debts without accruing interest and simultaneously aid in achieving the minimum amount required to earn the credit card bonus.
Make use of your miles or points prudently
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 worth of various redemption options. For instance, using points to purchase 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 points to other loyalty programs. This will allow you to get a wider selection of options and greater freedom when it comes to redeeming your rewards. For instance, you might be capable of transferring your reward to an airline’s frequent flyer program or a Hotel rewards programme. This will give an access wider selection of hotels, flights as well as other travel perks that aren’t offered through the rewards program on your credit card.
In addition, you should discover if your credit card offers certain benefits that will help you save money on travel expenses. Some cards offer travel insurance and rental car insurance, baggage protection, and other benefits that are extremely valuable when you’re traveling.
If you’re traveling with a friend each of you will be able to get rewards on your own credit card. Be aware that you cannot share the costs on the same card and make sure to keep track of the rewards you earn separately.
The key to reaping the maximum benefits from your travel rewards is to understand the rewards program on your credit card and make sure you’re making use of it in the most effective way possible. Utilizing an array of methods I’ve described in this article, you’ll be able earn rewards quickly, redeem rewards for valuable travel experiences, and enjoy a wide assortment of travel-related perks.