Are you fed up of spending thousands of dollars on travel? Then, there’s a good news! Travel hacking could be the solution to all your travel problems. It’s an exciting method to convert bonus and sign-up incentives into airline miles, which can be used to obtain discounted or free flights to your desired destinations. With a little imagination and some know-how, you’ll fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is the art of trading credit card sign-up bonuses and incentives for airline miles. These miles can then be used to purchase cheap or free flight tickets. Some credit cards also let you redeem miles for hotel stays and rental car deals.
How Does it Work?
The most effective method for success in travel hacking is to take advantage of credit card sign-up bonuses and building out a frequent flyer mile program on a select group of airlines. When it’s time to book a flight consider the cost. If the flight is under $300, it’s usually better to pay cash and use your miles to pay for a more expensive flight. If the prices start to rise above $500, you’ll want to review the frequent flyer account to find out which airline will give you the most value. All it boils down to is the amount of points or miles you have in your travel savings account for every 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 with a sign-up offer. There are a lot of fantastic credit cards with various features and benefits. It all depends on your preferred airline, your spending habits, and the features that are most essential to you.
Top Credit Card Picks
Here are a few credit cards excellent for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit or debit card, you’ll need to hit the minimum spend limit in order to receive the bonus. Every card has different rules, so be sure to check for the details. From there, it’s all about racking miles and using them to plan your dream trip!
Ready to jet-set with your goals?
Once you’ve accumulated your points amount, it’s time to use them towards sweet getaway! Different credit card providers will have different methods for redeeming your points, but here are some examples from some of the companies I’ve had experience with:
Take a trip with Chase Ultimate Rewards
If you have a Chase card, you can use your points to redeem them through the Ultimate Rewards portal. Within this portal you’ll get access to nearly every airline. You can use a combination of money and points to book your next trip. You can book your flight entirely using points if you’ve got enough balance! 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 with any credit card.
Are you fed up of paying the full cost for your flights? Did you realize that when booking directly through United you can choose the option of paying using either points or dollars? Butbe aware that if you do not have enough points you can’t combine points and dollars for the same flight. Don’t worry, though, if you’re a few point short United also offers the possibility of purchasing additional miles.
Looking for a flight within the United States? You should look no further than JetBlue! JetBlue offers a comfortable and enjoyable flight experience , with more legroom as well as free snacks. In addition, their booking procedure is like United’s which 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 join your points with family members to accrue points twice as fast. Be sure to prove you’re really family before trying to hack into the system.
Make sure you spend that minimum amount
If you’re anything like me and my travel companion Becca I’m sure you’re pretty frugal and it can be challenging to attempt to spend thousands of dollars in order to meet the required amount to qualify for credit card bonuses. 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 using credit card, then do it! Be prepared to pay a cost, which is usually around 3%. It may be worth it in the end if the bonus is high enough.
Pay for 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 in the near future, ask your family members to pay for theirs and they will reimburse you.
Pay off a loan
If you’re in the middle of a loan take into consideration paying them off with your credit card. Be sure to pay the credit card balance in full , 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 major expenses in the near future that you can contribute for. Make sure that you are able to are able to trust the person and that they know why you’re doing it.
If you’re in the middle of the holiday season you should consider purchasing all of your gifts with cards from your credit account. In this way, you’ll hit that minimum spend and be ready to give gifts. Be sure to avoid spending more than you thinking of.
There are plenty of ways to make the most from using your credit or debit card for travel. accumulate miles or points that you can be used towards the cost of flights or other expenses related to travel. Here are some additional suggestions for maximising your rewards
Pay for travel expenses using your credit card
If you’re planning a trip, make use of the travel credit card to book your hotel, flight or rental car, as well as other travel costs. Not only will you be able to meet the required amount to earn your credit card reward as well, however, you’ll also earn points or miles to cover those costs.
Make use of your credit card to pay for everyday expenditures
Another way to hit the minimum amount of spending in order to accumulate points by using your credit card for every day expenses. This could include things like food, gas or even your phone bill. Make sure you pay off the balance in full each month so you don’t accumulate interest.
Make the most of bonus categories
Many travel credit cards offer bonus points or miles for specific types of purchases, including eating out or traveling. Make sure you review your credit card’s rewards program and take advantage of any bonus categories that align with your spending routines.
Consider a balance transfer
If you are currently in debt on a high-interest credit card, you might want to transfer the balance to an account with a travel credit card that has the introductory APR of 0% for balance transfers. This will enable you to pay off your debts without accruing interest, and also aid in achieving the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points wisely
If you’ve amassed a large amount of miles or points, be sure to use them wisely. Review the rewards program for your credit card and compare the worth of various redemption options. For example, using points to book a ticket directly through the airline may give you a better return than using them for a gift card.
Another suggestion is to use an rewards card that permits you to transfer points to other loyalty programs. This will allow you to have a wider range of options and greater flexibility when you want to redeem your rewards. For example, you may be capable of transferring your rewards to the frequent flyer program of an airline or reward program for hotels. This can give you access to a larger variety of hotels, flights and other travel benefits that aren’t accessible through your credit card’s rewards program.
Additionally, try to find out if your credit card offers any perks that can reduce your travel expenses. Some cards offer travel insurance and rental car insurance, baggage protection, and other benefits that can be invaluable when you travel.
Finally, when you’re traveling with someone else and both of you earn rewards using your own credit card. Just remember that you can’t split the cost on the same card. Also, make sure to track the rewards you earn separately.
The key to maximizing your travel rewards is to know the rewards program on your credit card and to ensure you’re using your credit card in the most effective way possible. By using all of the strategies I’ve listed in this article, you’ll be able earn rewards quickly, redeem them for valuable travel experiences and take advantage of a broad range of travel perks.