Are you tired of spending a fortune on airfare? Then, there’s a good news! Travel hacking can be the solution to your travel-related problems. It’s an exciting method to convert credit card welcome bonuses and other incentives into airline miles which you can use to obtain discounted or free flights to your desired destinations. With a little bit of imagination and some knowledge, you can travel for free in no time.
The Basics of Travel Hacking
Travel hacking is about exchanging credit card sign-up bonuses and incentives for airline miles. The miles can be used to pay for cheap or free flight tickets. Some credit cards also let you redeem miles to pay for hotel stays or rental car offers.
How Does it Work?
The most effective method for success in hacking travel is taking advantage of the credit card sign-up bonus and building out frequent flyer miles with a limited number of airlines. When it comes time to book a flight consider the cost. If the price is under $300, it’s usually better to pay cash and use your miles to pay to take a more costly flight. If your flights begin to climb higher than $500, it’s best to look into your frequent flyer accounts and find out which airline will give you the best deal. All it boils down to is the number of miles or points in your travel account for each airline.
Get Started with Travel Hacking
Ready to learn the secrets of travel hacking? First step to open an account with a sign-up offer. There are many great credit cards with many advantages and features. It depends on the type of airline, your habits with spending and the features that are most crucial to you.
Top Credit Card Picks
Here are some credit cards 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 minimum spend limit in order to receive the bonus. Every card has different guidelines, so make certain to verify the details. Then it’s all about building up miles, and using them to plan your dream vacation!
Are you ready to set sail with your goals?
Now that you’ve built up your points amount, it’s time to cash them in for some sweet travel! Different credit card providers will offer different ways to redeem your points. Here are some examples from some of the companies I’ve had experience with:
Take a trip with Chase Ultimate Rewards
If you have an Chase credit card, then you can 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 points and cash to pay for your travel. You can even book completely with points if you’ve the funds to pay for it! Sometimes, even if you don’t possess enough points for the full cost, you still can buy flights with Chase Ultimate Rewards portal and pay the balance in cash with the credit card of your choice.
Are you tired of paying the full cost for your flight tickets? Did you not know that when you book directly through United You have the option to pay with dollars or points? But, be careful in case you do not have enough points you can’t combine dollars and points on one flight. Don’t worry, though, if you’re just a few point short United gives you the option of buying additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue offers a comfortable and enjoyable travel experience that includes extra legroom as well as free snacks. In addition, their booking procedure is like United’s that allows customers to book using either JetBlue dollar or points however, not both. But, JetBlue is unique in that they offer a feature that allows you to pool your points together with family members to accrue points twice as quickly. Just make sure you can verify that you are a family member before trying to hack the system.
Make sure you spend that minimum amount
If you’re like me or my travel buddy Becca I’m sure you’re pretty frugal and it can be daunting to try to spend thousands of dollars in order to meet the required amount to qualify for the credit card bonus. However, don’t be worried because we’ve been there and are 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 your rent using credit card, go for it! Make sure you pay a cost, which is usually at least 3%. It may be worth it in the long run in the event that the bonus is substantial enough.
Pay a medical bill
Another excellent way to meet the minimum spend is to cover an medical bill. If you do not have any medical expenses in the near future then ask your family members to pay them for theirs, and they will pay you back.
Pay off the loan
If you’re a borrower, consider paying them off with an credit card. Make sure to pay the credit card balance in full , so that you don’t accrue additional debt.
Ask family for help
Discuss your family with them and look into any large expenses coming up that you can help pay for. Just make sure you are able to trust the person and that they understand why you’re doing it.
If you’re celebrating the holidays, consider buying all of your gifts with your credit card. This way you can meet the minimum spending limit and be ready to give gifts. Be sure to avoid spending more than you were already planning to.
There are a lot of ways to make the most of using your credit or debit card for travel. You can accumulate miles or points that you can use towards airfares or other travel-related costs. 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 or rental car, as well as any other travel expenses. You’ll not only be able to hit the required amount to qualify for a credit card reward and earn points, however, you’ll also earn points or miles on the expenses.
Use your credit card for all your daily expenditures
Another method to reach the minimum amount of spending in order to accumulate points making use of your credit card to pay every day expenses. This could be items like groceries, gas and even your telephone bill. Make sure you pay off the balance in full every month to ensure you don’t pay interest.
Make the most of bonus categories
Many travel credit cards offer miles or bonus points on certain kinds of purchases, including dining or travel. Be sure to review your credit card’s rewards program and make use of any bonus categories that align with your spending routines.
Think about the possibility of transferring your balance
If you are currently in 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 transfers. This will allow you to pay off your debt without accruing interest and simultaneously aid in achieving the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points carefully
If you’ve amassed a large amount of miles or points Make sure to utilize them in a responsible manner. Check out the rewards program on your credit card, and evaluate the value of different redemption options. For instance using points to book a flight directly through the airline may offer better value than using them to purchase an gift card.
Another suggestion is to use a rewards card that allows you to transfer your rewards to different loyalty program. This will allow you to enjoy a greater variety of choices and more flexibility when making use of your rewards. For example, you may be able to transfer your rewards to an airline’s frequent flyer program or reward program for hotels. This can give an access larger selection of hotels, flights and other travel benefits that may not be accessible through your credit card’s rewards program.
In addition, you should determine the card’s benefits. any perks that can save you money on travel-related expenses. Some cards offer travel insurance as well as rental car insurance baggage protection and other benefits that could be very beneficial when traveling.
If you’re traveling with a friend each of you will be able to earn rewards with your credit card. Just remember that you can’t share the costs on the same card. Also, make sure to keep track of your rewards in a separate manner.
In the end, the most important thing to do to maximizing your travel rewards is to understand the rewards program of your credit card and ensure that you’re making use of this program in the most effective method possible. Utilizing all of the strategies I’ve outlined, you’ll be able to get rewards in a short time, use them for valuable travel experiences and take advantage of a broad variety of travel benefits.