Are you fed up of spending thousands of dollars on travel? Well, good news! Travel hacking can be the solution to your travel-related problems. It’s a fun way to turn credit card sign-up bonuses and incentives into airline miles which you can use to get discounted or even free flights to your desired destinations. With a little bit of imagination and some know-how, you’ll fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is about swapping credit card sign-up bonus as well as incentives to earn airline miles. These miles can then 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 your travel plans is to take advantage of the credit card sign-up bonus and to establish a frequent flyer mile program with a limited number of airlines. When you are ready to make a booking, evaluate the cost. If the flight is under $300, it’s best to pay in cash and save your miles to take a more costly flight. If the prices start to rise above $500, you’ll want to review your frequent flyer accounts to determine which airline offers you the best price. All it boils down to is the amount of points or miles you have in your travel savings account for every airline.
Get Started with Travel Hacking
Ready to learn the secrets to travel hacking? Your first task is to open an account that comes with a welcome bonus. There are many great credit cards with a variety of features and benefits. It all depends on your preferred airline, your habits with spending and what features are essential to you.
Top Credit Card Picks
Here are some credit cards that are perfect 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 or debit card, you’ll need to reach the spending limit for minimum expenditure in order to qualify for the bonus. Each card has its own guidelines, so make sure to check for the details. Then, it’s all about racking up miles, and then using them to book your dream vacation!
Are you ready to set sail with your points?
After you’ve accrued your points amount, it’s time to redeem them for some nice travel! Different credit card companies will have different methods of redeeming your rewards, here are some examples from a few of the companies I’ve had experience with:
Take a trip with Chase Ultimate Rewards
If you have an Chase credit card, then you are able to redeem your points through the Ultimate Rewards portal. Through the portal, you’ll get access to virtually every airline. You can make use of a combination of the points as well as cash in order to pay for your trip. You can even book completely on points if you have enough balance! Sometimes even if you do not be able to accumulate enough points in order to pay for total price, you can buy flights with Chase Ultimate Rewards portal and pay the balance in cash using every credit card.
Are you tired of paying full price for flights? Did you realize that when booking directly through United You have the option to pay with either points or dollars? But, be careful in case you don’t have enough points you can’t combine dollars and points on the same flight. Don’t worry, though, if you’re a few points short, United gives you the option to purchase additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue offers a comfortable and enjoyable flight experience , with more legroom as well as free snacks. Additionally, their booking process is similar to that of United Airlines that allows customers to book using either JetBlue dollar or points, but not both. However, JetBlue has a unique feature that lets you pool your points together with your family members and earn points twice as quickly. Just make sure you can 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 You’re probably quite frugal and it can be daunting to try to spend thousands of dollars in order to meet the minimum amount required to earn credit card bonuses. However, don’t be worried 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 a big one! If you’re able to pay for your rent with credit card, go for it! Make sure you be charged a fee, typically about 3%. It could be worthwhile in the end if the bonus is high enough.
Pay for a medical bill
Another way to reach the required spending is to pay for a medical bill. If you don’t have any medical bills due Ask your family members to pay for theirs and they will pay you back.
Make a payment to pay off a loan
If you have any loans, consider repaying them using the credit card you have. Be sure to pay the credit card balance completely so that you don’t end up with more debt.
Ask family members for assistance
Talk to your family and 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 are able to trust the person and that they know why you’re doing it.
If it’s the holiday season you should consider purchasing all of your gifts with cards from your credit account. So you’ll be able to reach the minimum spending requirement and be ready for giving gifts. Be sure to avoid spending more than you contemplating to.
There are many ways to make the most from your travel credit card. earn miles or points to be used towards airfares or other travel-related costs. Here are a few additional suggestions for maximising the rewards you earn:
Book travel expenses with your credit card
If you’re planning a trip, make use of you travel credit card to pay for your flight, hotel or rental car, as well as any other travel expenses. You’ll not only achieve the minimum spend for your credit card reward and earn points, however, you’ll also earn points or miles for these costs.
Use your credit card to pay for your everyday expenses
Another way to hit the minimum spend to earn rewards is by using your credit card to pay for every day expenses. This could include things like food, gas or even your phone bill. Just make sure to pay the balance off in full each month so you don’t accumulate interest.
Take advantage of bonus categories
Many travel credit cards offer miles or points in exchange for certain types of purchases, like eating out or travelling. Make sure you review your credit card’s rewards program and take advantage of any bonus categories that match with your spending routines.
Take into consideration a balance transfer
If you’re in the middle of a debt on a high-interest credit card, you might want to transfer the balance to the travel credit card which has an introductory rate of 0% for balance transfer. This will allow you to pay off your debts without accruing interest. It will also aid in achieving the minimum spend for the credit card bonus.
Utilize your miles and points wisely
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 compare the worth of various redemption options. For example, using your points to book a flight directly through the airline may provide you with a greater value than using them for a gift card.
Another suggestion is to use an rewards card that permits you to transfer your reward points into other loyalty programmes. This allows you to have a wider range of options and greater flexibility in redeeming your rewards. For example, you may be eligible to transfer your reward to an airline’s frequent flyer program or Hotel rewards programme. This will give the benefit of a larger range of flights, hotels and other travel benefits which are not offered through the rewards program of your credit card.
Also, determine if your credit card offers some perks that could save you money on travel-related costs. Some cards offer travel insurance and rental car insurance, baggage protection, and other benefits that could be very beneficial when traveling.
Finally, when you’re traveling with someone else and both of you earn rewards with your own credit card. Just remember that you can’t share the costs on the same card. Also, make sure to track your rewards separately.
The key to making the most of your rewards for travel is to be aware of your credit card’s rewards program and make sure you’re making use of this program in the most efficient method 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 variety of travel benefits.