Are you tired of spending a fortune on airfare? Well, good news! Travel hacking could be the solution to your travel-related problems. It’s a fun way to convert sign-up bonuses and incentives into miles which you can use to get discounted or even free flights to your ideal destinations. With a bit of imagination and a little bit of insider knowledge, you can fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about trading credit card sign-up bonuses and rewards for airline miles. The miles can be used to buy discounted or even free flights. Some credit cards also permit you to use miles to pay for hotel stays or car rental discounts.
How Does it Work?
The key to successful travel hacking is to take advantage of the sign-up bonuses for credit cards and building out a frequent flyer mile program with a limited number of airlines. When it’s time to book a flight, evaluate the cost. If the price is less than $300, it’s best to pay cash and save your miles for a more expensive flight. When the flights start getting over $500, you’ll need to check the frequent flyer account and find out which airline will give you the most value. All it boils down to is the number of points or miles you have 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 to open an account that comes with a welcome bonus. There are plenty of great credit cards that offer a variety of benefits and features. It all depends on your preferred airline, your habits with spending and the features that are most important to you.
Top Credit Card Picks
Here are some 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 have to meet the spending limit for minimum expenditure in order to receive the bonus. Each card has its own rules, so make sure to check for the details. From there, it’s all about racking up miles, and then using them to book your dream trip!
Are you ready to set sail with your ideas?
After you’ve accrued the points amount, it’s time to cash them in for some sweet vacation! Different credit card companies offer different ways to redeem your points, but here are a few examples from some of the providers I have experience with:
Take a trip by using Chase Ultimate Rewards
If you own an Chase credit card, then you are able to redeem your points via the Ultimate Rewards portal. Through the portal, you’ll have access to virtually every airline, and you can make use of a combination of points and cash to book your trip. You can even book completely using points if you’ve got enough balance! Sometimes, even if you don’t be able to accumulate enough points in order to pay for total cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance in cash with every credit card.
Are you fed up of paying the full cost for your flight tickets? Did you not know that when you book directly through United, you have the option of paying using either points or dollars? But, be careful that if you don’t have enough points, you aren’t able to combine dollars and points on flights. Don’t worry, though, if you’re a few points away, United provides the option of buying additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue offers an enjoyable and comfortable flight experience with extra legroom and free snacks. Plus, their booking process is similar to that of United Airlines, allowing passengers to book flights using JetBlue points or dollars, however, not both. But, JetBlue offers a distinct feature where you can combine your points with your family members and earn points twice as quickly. Just make sure you can verify that you are a family member before trying to hack into the system.
Hit that Minimum Spend
If you’re anything like me and my travel buddy Becca, you’re probably pretty economical and it’s daunting to try to spend thousands of dollars to reach the required amount to qualify for a credit card bonus. However, don’t be worried as we’ve done it and we’re here to share some of our tricks and tips.
Pay your rent (if you can)
This is a big one! If you’re able to pay for your rent using a credit card, do it! Be prepared to be charged a fee, typically about 3 percent. It may be worth it in the end in the event that the bonus is substantial enough.
Make a payment on a medical expense
Another great way to hit the minimum spend is to pay for an medical bill. If you don’t have any medical bills coming up Ask your family members to pay them for theirs, and they’ll pay you back.
Repay a loan
If you have any loans take into consideration repaying them using an credit card. Just make sure you pay the credit card balance in full , so that you don’t accumulate additional debt.
Ask family for help
Discuss your family with them and look into any big expenses coming up that you can contribute for. Just make sure you trust the person and they understand why you’re doing this.
If it’s the holiday season take into consideration buying all your gifts with the credit card you have. So you’ll be able to hit that minimum spend and also be ready for gift giving. Be sure to avoid spending more than you already contemplating to.
There are plenty of ways to make the most out of using your credit or debit card for travel. earn miles or points to spend on airfares or other travel-related costs. Here are a few more ideas for maximizing your rewards
Pay for travel expenses using your credit card
When you’re planning your next trip, make use of the travel credit card for booking your flight, hotel or rental car, as well as any other travel expenses. You’ll not only be able to hit the minimum amount of spending required to earn your credit card as well, but you’ll also be earning points or miles for the costs.
Use your credit card for all your daily expenditures
Another way to meet the minimum amount of spending in order to accumulate points utilising your credit cards for daily expenditures. This can include things like food, gas and even your telephone bill. Be sure to pay off the balance in full each month so you don’t accrue interest charges.
Benefit from bonus categories
A lot of travel credit cards provide bonus points or miles for certain types of purchases, like eating out or travelling. Check out your credit card’s rewards program and take advantage of any bonus categories that align with your spending routines.
Take into consideration the possibility of transferring your balance
If you’re in the middle of a outstanding debt due to a high-interest credit card, you might want to transfer 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. It will also assist you in reaching the minimum spending requirement for the credit card’s bonus.
Use your points or miles prudently
If you’ve amassed a large amount of points or miles 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 example using points to purchase a flight directly with the airline could give you a better value than using them for the purchase of a gift card.
Another tip is to use a rewards card that allows you to transfer rewards to different loyalty program. This will allow you to get a wider selection of options and greater flexibility in redeeming your rewards. For example, you may be able to transfer your reward to frequent flyer programs of airlines or a Hotel rewards programme. This can give an access greater range of flights, hotels, and other travel perks which are not accessible through the rewards program of your credit card.
In addition, you should find out the card’s benefits. some perks that could save you money on travel-related 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, both of you can earn rewards using your credit card. Make sure you don’t split the cost on the same card. Also, make sure to keep track of your rewards in a separate manner.
Overall, the key to reaping the maximum benefits from your rewards for travel is to be aware of the rewards program of your credit card and make sure you’re using this program in the most efficient method possible. Utilizing a combination of the strategies I’ve listed, you’ll be able to earn rewards quickly, redeem them for travel experiences that are worth it and take advantage of a broad assortment of travel-related perks.