Are you tired of paying thousands of dollars on travel? Then, there’s a good news! Travel hacking is the answer to all your travel woes. It’s a fun way to convert credit card sign-up bonuses and incentives into airline miles that can then be used to obtain discounted or free flights to your dream destinations. With a little creativity and some insider know-how, 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 and rewards for airline miles. The miles can be used to purchase cheap or free flight tickets. Certain credit cards will also let you redeem miles to pay for hotel stays or rental car deals.
How Does it Work?
The most effective method for 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 on a select group of airlines. When it comes time to book a flight take a look at the price. If the cost is under $300, it’s generally better to pay cash and use your miles to pay for a more expensive flight. If your flights begin to climb higher than $500, it’s best to look into those frequent flyer accounts to find out which airline will give you the most value. All it boils down to is the number of points or miles in your travel bank for each airline.
Start with Travel Hacking
Are you ready to discover the secrets to travel hacking? The first step is to open the credit card that comes that comes with a welcome bonus. There are many great credit cards that provide various features and benefits. It depends on the type of airline, your spending habits, and the features that are most crucial to you.
Top Credit Card Picks
Here are some 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 have to meet the spending limit for minimum expenditure in order to receive the bonus. Every card has different guidelines, so make sure to look up this information. From there it’s all about building up miles, and then using them to book your dream vacation!
Are you ready to set sail with your ideas?
Once you’ve accumulated the points balance, it’s time to use them towards delicious travel! Different credit card providers will have different methods for redeeming your points. Here are some examples from some of the companies I’ve worked with:
Escape with Chase Ultimate Rewards
If you own an Chase cards, you can use your points to redeem them through the Ultimate Rewards portal. Within it, you’ll get access to virtually every airline and you can combine money and points to pay for your trip. You can book your flight entirely on points if you have the funds to pay for it! Sometimes even if you do not possess enough points for the entire price, you can book flights using the Chase Ultimate Rewards portal and pay the balance in cash using every credit card.
Are you tired of paying full price 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? Be careful, if you don’t have enough points, you aren’t able to combine points and dollars for one flight. If you’re a few points short, United gives you the option of buying additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue provides passengers a relaxing and pleasant travel experience that includes extra space and complimentary snacks. Plus, their booking process is like United’s which allows you to book with either JetBlue points or dollars, however, not both. But, JetBlue is unique in that they offer a feature that lets you combine your points with family members to accrue points twice as quickly. Be sure to establish that you’re a real family member prior to trying to hack into the system.
Make sure you spend that minimum amount
If you’re like me and my travel buddy Becca I’m sure you’re pretty thrifty and it’s daunting to try to spend thousands of dollars in order to meet the required amount to qualify for credit card bonuses. Don’t worry because we’ve been there and we’re here to share some of our tips and tricks.
Pay your rent (if you can)
This is an important one! If you’re able to pay for your rent using credit card, then do it! Be prepared to pay a cost, which is usually at least 3 percent. It could be worthwhile in the end if the bonus is high enough.
Pay a medical bill
Another excellent way to meet the required spending is to pay for the medical bills. If you do not have any medical expenses due, ask your family members to pay their medical bills and they’ll repay you.
Pay off the loan
If you’re a borrower take into consideration paying them off with your credit card. Be sure to pay the credit card balance in full so you don’t end up with more debt.
Ask your family members for help
Discuss your family with them and see if they have 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 you should consider purchasing all your gifts with the credit card you have. In this way, you’ll meet the minimum spending limit and also be prepared for gift giving. Be sure to avoid spending more than you already contemplating to.
There are a lot of methods to get the most out of the travel credit card and accrue points or miles to use towards the cost of flights or other expenses related to travel. Here are a few more ideas for maximizing your rewards:
Make travel reservations using your credit card
If you’re planning a trip, make use of the travel credit card to pay for your flight, hotel or rental car, as well as other travel costs. Not only will you be able to hit the required amount to earn your credit card reward as well, but you’ll also be earning points or miles on those costs.
Utilize your credit card to pay for all your daily expenses
Another method to reach the minimum amount of spending and earn points is by using your credit card to pay for daily expenses. This could be things like gas, groceries and even your telephone bill. Be sure to pay off the balance in full every month to ensure you don’t accrue interest charges.
Make the most of bonus categories
Many travel credit cards offer miles or points in exchange on certain kinds of purchases, such as eating out or travelling. Make sure you review your rewards program on your credit card and make use of any bonus categories that align with your spending habits.
Think about the possibility of transferring your balance
If you are currently in debt on a credit card, think about transferring that balance onto a travel credit card with an introductory rate of 0% for balance transfers. This will enable 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.
Utilize your miles and points wisely
If you’ve amassed a large amount of points or miles, be sure to use them wisely. Check out the rewards program on your credit card and then compare the benefits of different redemption options. For instance you can use points to book a flight directly with the airline could give you a better value than using them to purchase an gift card.
Another suggestion is to use an rewards card that permits you to transfer your rewards to different loyalty program. This allows you to get a wider selection of options and greater flexibility in you want to redeem your rewards. For instance, you might be able to transfer your rewards to frequent flyer programs of airlines or a Hotel rewards programme. This gives you access to a greater selection of hotels, flights as well as other travel perks that aren’t available through your credit card’s rewards program.
Also, determine the card’s benefits. any perks that can reduce your travel costs. Some cards offer travel insurance and rental car insurance, baggage protection, and other benefits that could be extremely valuable when you’re traveling.
Finally, when you’re traveling with a companion and both of you earn rewards using your own credit card. Be aware that you cannot share the costs on the same card, and be sure to keep track of your rewards in a separate manner.
Overall, the key to reaping the maximum benefits from your travel rewards is to know the rewards program on your credit card and ensure that you’re using this program in the most efficient way possible. Utilizing all of the strategies I’ve listed, 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.