Are you tired of spending a fortune on airfare? Then, there’s a good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting way to convert welcome bonuses and other incentives into airline miles, which can be used to get discounted or even free flights to your dream destinations. With a little imagination and a little bit of insider know-how, you’ll travel for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about exchanging credit card sign-up bonuses and incentives for airline miles. These miles can later be used to buy discount or no-cost flights. Some credit cards also permit you to use miles towards hotel stays or car rental offers.
How Does it Work?
The secret to successful travel hacking is to take advantage of the sign-up bonuses for credit cards and establishing frequent flyer miles with a limited number of airlines. When you are ready to book a flight consider the cost. If the flight is less than $300, it’s usually better to pay cash and use your miles to pay for a more expensive flight. If your flights begin to climb above $500, you’ll want to look into the frequent flyer account to see which airline can give you the best deal. All it boils down to is the number of points or miles you have you have in your travel savings account for every airline.
Begin by Getting Started with Travel Hacking
Are you interested in learning the secrets to travel hacking? The first step is opening an account that comes with a welcome bonus. There are plenty of great credit cards that offer a variety of benefits 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 a few credit cards great to use for hacking travel:
- 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 reach the minimum spend limit in order to receive the bonus. Every credit card has its own set of guidelines, so make sure to check for this information. From there you can begin to rack up miles and then using them to book your dream vacation!
Are you ready to go on a jet-setting with your points?
Now that you’ve built up the points balance, you’re ready to use them towards delicious vacation! Different credit card companies will offer different ways to redeem your points. Here are a few examples from some of the providers I’ve had experience with:
Getaway with Chase Ultimate Rewards
If you own a Chase cards, you can redeem your points via the Ultimate Rewards portal. Within the portal, you’ll have access to nearly every airline. You can combine the points as well as cash in order to book your travel. You can book your flight entirely using points if you’ve got enough balance! Sometimes, even if you don’t have enough points to cover the full cost, you are able to book flights using the Chase Ultimate Rewards portal and pay the balance in cash with every credit card.
Are you tired of paying the full cost for your flights? Did you not 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 cannot combine points and dollars on the same flight. If you’re just a few points short, United provides the option of buying additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue provides an enjoyable and comfortable travel experience that includes extra legroom as well as free snacks. Plus, their booking process is similar to United’s that allows passengers to book flights using JetBlue points or dollars, but not both. But, JetBlue offers a distinct feature that allows you to pool your points together with your relatives to earn points twice as fast. Be sure to 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, you’re probably pretty frugal and it can be difficult to think of spending thousands of dollars to reach the minimum amount required to earn a credit card bonus. But don’t fret, we’ve been through it 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 pay your rent with credit card, go for it! Just be prepared to be charged a fee, typically about 3 percent. It could be worthwhile in the long run in the event that the bonus is substantial enough.
Make a payment on a medical expense
Another great way to hit the spending limit is to cover a medical bill. If you don’t have any medical bills in the near future Ask your relatives if you could pay them for theirs, and they will reimburse you.
Repay a loan
If you’re in the middle of a loan you owe, think about repaying them using an credit card. Be sure to pay off the balance on your credit card completely so that 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 large expenses coming up which you could help pay for. Be sure to be sure that you’re able to trust the person and they are aware of the reason for doing this.
If it’s the holiday season you should consider purchasing all your gifts using cards from your credit account. This way you can meet the minimum spending limit and also be ready for gift giving. Be sure to avoid paying more than you already thinking of.
There are plenty of methods to get the most of the travel credit card. earn miles or points to be used towards the cost of flights or other expenses related to travel. Here are some additional ways to maximize your rewards
Make travel reservations using your credit card
If you’re planning a vacation, make use of your travel credit card for booking your hotel, flight, rental car, and any other travel expenses. In addition, you’ll be able to meet the minimum spend to qualify for a credit card and earn points, but you’ll also be earning points or miles on these expenses.
Use your credit card to pay for your everyday expenditures
Another way to hit the minimum spending requirement to earn rewards is by utilising your credit cards for every day expenditures. This could be things like food, gas or even your phone bill. Just make sure to pay the balance off each month in full so you don’t accumulate interest.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points on certain kinds of purchases, like dining or travel. Make sure you review your credit card’s rewards program and avail any bonus categories that align with your spending routines.
Think about the possibility of transferring your balance
If you have existing outstanding debt due to a high-interest credit card, consider transferring that balance onto a travel credit card with a 0% introductory APR for balance transfer. This will enable you to pay off the debt without accruing interest, and also help you hit the minimum spending requirement for the credit card bonus.
Use your points or miles prudently
Once you’ve accumulated a substantial amount of points or miles make sure you use them in a responsible manner. Review the rewards program for your credit card, and evaluate the worth of various redemption options. For example, using your points to book a ticket directly through the airline may give you a better value than using them to purchase the purchase of a gift card.
Another suggestion is to use rewards cards that allow you to transfer your rewards to different loyalty program. This will let you get a wider selection of choices and more freedom when it comes to making use of your rewards. For instance, you might be capable of transferring your reward to the frequent flyer program of an airline or a hotel rewards program. This will give you access to a greater selection of hotels, flights as well as other travel perks that may not be offered through the rewards program on your credit card.
Additionally, try to find out whether your credit card has any perks that can save you money on travel-related costs. Many cards offer travel insurance and rental car insurance, baggage protection and other benefits that could be very beneficial when traveling.
If you’re traveling with someone else, both of you can earn rewards with your own credit card. Make sure you don’t split the cost on the same card, and be sure you keep track of your rewards separately.
Overall, the key to reaping the maximum benefits from your travel rewards is to know your credit card’s rewards program and to ensure you’re using this program in the most efficient way possible. Through a combination of the strategies I’ve listed that you can earn rewards quickly, redeem them for valuable travel experiences and benefit from a wide variety of travel benefits.