Are you tired of spending thousands of dollars on travel? Good news! Travel hacking could be the solution to your travel-related problems. It’s a fun way to convert welcome bonuses and other incentives into miles that can then be used to obtain discounted or complimentary flights for your desired 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 all about swapping credit card sign-up bonus as well as incentives to earn airline miles. These miles can later be used to buy discounted or even free flights. Some credit cards also let you redeem miles to pay for hotel stays or car rental deals.
How Does it Work?
The key to success in travel hacking is to take advantage of the sign-up bonuses for credit cards and to establish 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 generally better to pay cash and use your miles to pay to book a higher-priced flight. When the flights start getting above $500, you’ll want to check your frequent flyer accounts to determine which airline offers you the best price. It all boils down to the number of miles or points you have in your travel savings account for each airline.
Start with Travel Hacking
Are you interested in learning the secrets to travel hacking? The first step is to open the credit card that comes with a sign-up bonus. There are plenty of great credit cards that provide a variety of benefits and features. It is all dependent on the airline, your spending habits, and what features are important to you.
Top Credit Card Picks
Here are some credit cards that are excellent for travel hacking:
- 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 get the bonus. Every credit card has its own set of rules, so be certain to verify this information. Then, it’s all about racking up miles and using them to plan your dream vacation!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up the points balance, you’re ready to cash them in for some sweet vacation! Different credit card providers will have different methods of redeeming your rewards, here are a few examples from some of the companies I have experience with:
Escape through Chase Ultimate Reward
If you’re a holder of a Chase cards, you can redeem your points via the Ultimate Rewards portal. Within this portal you’ll get access to almost every airline and you can combine money and points to pay for your travel. You can book your flight entirely with points if you’ve enough balance! Sometimes even if you don’t be able to accumulate enough points in order to pay for total cost, you still can purchase flights through the Chase Ultimate Rewards portal and pay the balance cash using every credit card.
Are you tired of paying the full cost for flights? Did you not know that when you book directly through United, you have the option of paying using either points or dollars? Butbe aware, if you don’t have enough points, you can’t combine points and dollars for the same flight. Don’t worry, though, if you’re just a few points short, United provides the option to purchase additional miles.
Looking for a domestic flight? Look no further than JetBlue! JetBlue provides passengers a relaxing and pleasant travel experience that includes extra space and complimentary snacks. In addition, their booking procedure is like United’s which allows you to book with either JetBlue points or dollars, however, not both. The difference is that JetBlue is unique in that they offer a feature where you can pool your points together with your family members and earn points twice as quickly. Be sure to prove you’re really family before trying to hack into the system.
Hit that Minimum Spend
If you’re like me and my travel buddy Becca You’re probably quite thrifty and it’s difficult to think of spending thousands of dollars to hit the minimum amount required to earn a credit card bonus. Don’t worry because we’ve been there and are here to share our tips and tricks.
Pay your rent (if you can)
This is an important one! If you’re able pay your rent using credit card, go for it! Just be prepared to be charged a fee, typically at least 3%. It may be worth it in the long run in the event that the bonus is substantial enough.
Pay a medical bill
Another way to reach the required spending is to cover a medical bill. If you don’t have any medical bills in the near future, ask your family members if you can pay them for theirs, and they will reimburse you.
Make a payment to pay off a 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 for help
Talk to your family and look into any big expenses coming up that you can help pay for. Be sure to be sure that you’re able to trust the person and they know why you’re doing this.
If you’re in the middle of the holiday season take into consideration buying all of your gifts with the credit card you have. This way you can reach the minimum spending requirement and also be ready for gift giving. Be sure to avoid spending more than you were contemplating to.
There are a lot of ways to get the most of your travel credit card. accumulate miles or points that you can spend on flights or other travel-related expenses. Here are some additional ways to maximize your rewards
Pay for travel expenses using your credit card
Whenever you’re planning a vacation, make use of you travel credit card to pay for your hotel, flight, rental car, and any other travel expenses. In addition, you’ll achieve the required amount to qualify for a credit card bonus and earn points, but you’ll also earn points or miles on those expenses.
Utilize your credit card to pay for all your daily expenditures
Another method to reach the minimum spending requirement to earn rewards is making use of your credit card to pay for daily expenses. This can include things like gas, groceries or even your phone bill. Just make sure to pay the balance off in full every month to ensure you don’t accrue interest charges.
Make the most of bonus categories
Some travel credit cards will offer bonus points or miles for certain types of purchases, including eating out or travelling. Make sure you review the rewards program of your credit card and make use of any bonus categories that align with your spending routines.
Think about the possibility of transferring your balance
If you are currently in debt on a high-interest credit card, you might want to transfer the balance to the travel credit card which has the introductory APR of 0% for balance transfer. This will enable you to pay off the debt without accruing interest and simultaneously help you hit the minimum spending requirement for the credit card’s bonus.
Utilize your miles and points wisely
Once you’ve accumulated a substantial amount of points or miles make sure you use them wisely. Examine the rewards program of your credit card, and evaluate the value of different redemption options. For example, using your points to book a flight directly with the airline might provide you with a greater value than using them for an gift card.
Another tip is to use an rewards card that permits you to transfer reward points into other loyalty programmes. This will allow you to have a wider range of options and greater flexibility when making use of your rewards. For example, you may be eligible to transfer your reward to an airline’s frequent flyer program or Hotel rewards programme. This can give an access wider selection of hotels, flights as well as other travel perks that aren’t accessible through the rewards program of your credit card.
In addition, you should find out the card’s benefits. certain benefits that will reduce your travel expenses. A lot of credit cards provide travel insurance as well as rental car insurance baggage protection, and other benefits that can be very beneficial when traveling.
When you travel with a friend, both of you can get rewards on your credit card. Make sure you don’t share the costs on the same card. Also, make sure to keep track of the rewards you earn separately.
Overall, the key to maximizing your rewards for travel is to be aware of your credit card’s rewards program and make sure you’re using this program in the most efficient method possible. Through an array of methods I’ve described that you can get rewards in a short time, use them for travel experiences that are worth it and take advantage of a broad assortment of travel-related perks.