Are you tired of spending thousands of dollars on travel? Well, good news! Travel hacking could be the solution to all your travel woes. It’s an exciting method to convert credit card welcome bonuses and other incentives into miles which can be used to get discounted or even cheap flights from your desired destinations. With a bit of imagination and some information, you’ll be jet-setting for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is the art of exchanging credit card sign-up bonuses and rewards for airline miles. These miles can later be used to pay for discounted or even free flights. Certain credit cards will also allow you to redeem miles for hotel stays and car rental offers.
How Does it Work?
The key to successful hacking travel is taking advantage of the credit card sign-up bonus and to establish a frequent flyer mile program on a select group of airlines. When you are ready to book a flight consider the cost. If the price is less than $300, it’s usually better to pay in cash and save your miles to book a higher-priced flight. If your flights begin to climb above $500, you’ll want to review those frequent flyer accounts and determine which airline offers you the best deal. It all comes down to the number of points or miles in your travel bank for every airline.
Get Started with Travel Hacking
Are you interested in learning the secrets of travel hacking? The first step is opening a credit card that comes with a welcome bonus. There are plenty of great credit cards that provide many advantages and features. It all depends on your preferred airline, your spending habits, and the features that are most important to you.
Top Credit Card Picks
Here are a few credit card options that can be excellent 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 limit of spending minimum in order to receive the bonus. Each card has its own rules, so be sure to look up this information. From there it’s all about building up miles and using them to plan your dream trip!
Are you ready to set sail with your goals?
After you’ve accrued your points balance, it’s time to cash them in for some nice getaway! Different credit card companies have different methods of redeeming your points, but here are some examples from a few of the ones I’ve worked with:
Getaway with Chase Ultimate Rewards
If you have an Chase credit card, then you are able to redeem your points through the Ultimate Rewards portal. Within it, you’ll get access to almost every airline. You can use a combination of points and cash to book your trip. You can book your flight entirely using points if you’ve got the funds to pay for it! Sometimes even if you don’t possess enough points for the full price, you can buy flights with Chase Ultimate Rewards portal and pay the balance cash using every credit card.
Are you fed up of paying the full cost for your flight tickets? Did you know that when you book directly through United you can choose the option to pay with either points or dollars? But, be careful that if you don’t have enough points you can’t combine dollars and points for the same flight. Don’t worry, though, if you’re only a couple of point short United gives you the option of buying additional miles.
Looking for a flight within the United States? Take a look at JetBlue! JetBlue provides an enjoyable and comfortable flight experience with extra legroom as well as free snacks. In addition, their booking procedure is like United’s that allows you to book with either JetBlue points or dollars however, not both. However, JetBlue is unique in that they offer a feature that lets you pool your points together with your relatives to earn points twice as fast. Be sure to prove you’re really family before trying to hack the system.
Hit that Minimum Spend
If you’re like me and my travel buddy Becca You’re probably quite economical and it’s challenging to attempt to spend thousands of dollars to reach 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 with a credit card, do it! Make sure you be charged a fee, typically about 3 percent. It might be worth it over the long term when the bonus is large enough.
Pay a medical bill
Another excellent way to meet the minimum spend is to pay for an medical bill. If you do not have any medical expenses due, ask your relatives if you could pay for theirs and they will reimburse you.
Repay the loan
If you have any loans take into consideration repaying them using your credit card. Be sure to pay off the credit card balance in full , so that you don’t end up with more debt.
Ask family members for assistance
Ask your family members to determine if they’ve got any major expenses in the near future which you could help pay for. Be sure to be sure that you’re able to have confidence in the person you are talking to and they are aware of the reason for doing it.
If you’re celebrating the holidays you should consider purchasing all of your gifts with your credit card. In this way, you’ll meet the minimum spending limit and also be prepared to give gifts. Just make sure you’re not paying more than you already planning to.
There are a lot of ways to make the most from using your credit or debit card for travel. earn miles or points to spend on flights or other travel-related expenses. Here are a few additional ideas for maximizing the rewards you earn:
Book travel expenses with your credit card
Whenever you’re planning a trip, make use of you travel credit card to pay for your flight, hotel, rental car, and any other travel-related expenses. Not only will you be able to hit the required amount to qualify for a credit card reward and earn points, but you’ll also earn points or miles to cover these expenses.
Utilize your credit card to pay to pay for your everyday expenses
Another method to reach the minimum amount of spending in order to accumulate points using your credit card to pay for every day expenses. This can include things like gas, groceries and even your telephone bill. Just make sure to pay the balance off in full every month to ensure you don’t pay interest.
Benefit from bonus categories
Many travel credit cards offer miles or points in exchange for certain types of purchases, like eating out or traveling. Check out your credit card’s rewards program and take advantage of any bonus categories that match with your spending habits.
Take into consideration the possibility of transferring your balance
If you have existing debt on a credit card, think about transferring the balance to a travel credit card with the introductory APR of 0% for balance transfers. This will let you pay off your debt without accruing interest and simultaneously aid in achieving the minimum spend 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 to utilize them wisely. Review the rewards program for your credit card and compare the benefits of different redemption options. For instance you can use your points to book a ticket directly with the airline could provide you with a greater value than using them for an gift card.
Another tip is to use a rewards card that allows you to transfer your reward points into other loyalty programmes. This allows you to have a wider range of choices and more flexibility in making use of your rewards. For instance, you might be able to transfer your reward to an airline’s frequent flyer program or a reward program for hotels. This will give the benefit of a wider range of flights, hotels, and other travel perks which are not accessible through your credit card’s rewards program.
Additionally, try to discover the card’s benefits. any perks that can reduce your travel costs. Many cards offer travel insurance, rental car insurance, baggage protection and other benefits that are very beneficial when traveling.
If you’re traveling with a companion, both of you can earn rewards using your own credit card. Just remember that you can’t split the cost on the same card, and be sure to keep track of your rewards in a separate manner.
The key to maximizing your travel rewards is to know your credit card’s rewards program and ensure that you’re making use of it in the most effective way possible. Utilizing a combination of the strategies I’ve outlined in this article, you’ll be able get rewards in a short time, use them for travel experiences that are worth it and take advantage of a broad range of travel perks.