Are you fed up of spending an enormous amount on flights? Then, there’s a good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting way to convert credit card bonus and sign-up incentives into airline miles, which can be used to get discounted or even complimentary flights for your dream destinations. With a little imagination and a little bit of insider know-how, you’ll fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is all about swapping credit card sign-up bonus and rewards for airline miles. These miles can later be used to buy discounted or even free flights. Certain credit cards let you redeem miles towards hotel stays or rental car discounts.
How Does it Work?
The key to successful hacking your travel plans is to take advantage of the sign-up bonuses for credit cards and establishing a frequent flyer mile program on a select group of airlines. When you are ready to book a flight consider the cost. If the cost is less than $300, it’s best to pay in cash and save your miles to book a higher-priced flight. When the flights start getting higher than $500, it’s best to review your frequent flyer accounts to find out which airline will give you the best deal. It all comes down to the number of miles or points you have in your travel savings account for every airline.
Get Started with Travel Hacking
Are you interested in learning the secrets of travel hacking? First step opening an account with a sign-up bonus. There are a lot of fantastic credit cards with a variety of advantages and features. It all depends on your preferred airline, spending habits and what features are important to you.
Top Credit Card Picks
Here are a few credit cards that are 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 or debit card, you’ll have to meet the limit of spending minimum in order to get the bonus. Every credit card has its own set of rules, so make sure to look up this information. Then you can begin to rack up miles, and using them to book your dream trip!
Are you ready to go on a jet-setting with your goals?
Once you’ve accumulated the points balance, it’s time to cash them in for some nice vacation! Different credit card companies will offer different ways to redeem your points, but here are a few examples from some of the companies I’ve had experience with:
Getaway through Chase Ultimate Reward
If you’re a holder of a Chase cards, you are able to redeem your points through the Ultimate Rewards portal. Within it, you’ll have access to virtually every airline, and you can make use of a combination of points and cash to book your trip. 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 any credit card.
Are you fed up of paying full price for your flights? Did you not know that when you book directly through United You have the option of paying using either points or dollars? But, be careful, if you don’t have enough points, you aren’t able to combine dollars and points for one flight. No worries though, if you’re a few points away, United provides the possibility of purchasing additional miles.
Are you looking for a domestic flight? Take a look at JetBlue! JetBlue offers an enjoyable and comfortable flight experience , with more legroom and free snacks. Additionally, their booking process is like United’s, allowing passengers to book flights using JetBlue points or dollars however, not both. But, JetBlue is unique in that they offer a feature that lets you join your points with your relatives to earn points twice as fast. Be sure to verify that you are a family member before trying to hack into the system.
Reach that Minimum Spend
If you’re like me and my travel companion Becca, you’re probably pretty thrifty and it’s challenging to attempt to spend thousands of dollars to reach the minimum amount required to earn a credit card bonus. Don’t worry, we’ve been through it and are here to share some of our tricks and tips.
Pay your rent (if you can)
This is a big one! If you’re able to pay your rent using credit card, then do it! Be prepared to pay a fee, usually about 3%. It may be worth it in the long run when the bonus is large enough.
Pay a medical bill
Another great way to hit the required spending is to cover an medical bill. If you do not have any medical expenses due Ask your family members if you can pay their medical bills and they will repay you.
Repay the loan
If you’re a borrower take into consideration making payments on them with your credit card. Just make sure you pay off the credit card balance completely so that you don’t end up with more debt.
Ask family members for assistance
Discuss your family with them and look into any major expenses in the near future that you can contribute for. Make sure that you are able to have confidence in the person you are talking to and they know why you’re taking the initiative.
If you’re in the middle of the holiday season take into consideration buying all your gifts using cards from your credit account. So you’ll be able to reach the minimum spending requirement and also be prepared for giving gifts. Be sure to avoid spending more than you already planning to.
There are many methods to get the most from your travel credit card and earn miles or points to use towards flights or other travel-related expenses. Here are a few 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 for booking your flight, hotel, rental car, and any other travel expenses. Not only will you achieve the required amount for your credit card, but you’ll also earn points or miles to cover those costs.
Make use of your credit card to pay to pay for your everyday expenses
Another method to reach the minimum spend and earn points is making use of your credit card for daily expenses. This could include things like food, gas and even your telephone bill. Make sure you pay the balance off in full every month to ensure you don’t accumulate interest.
Benefit from bonus categories
Many travel credit cards offer bonus points or miles for specific types of purchases, such as eating out or traveling. Be sure to review the rewards program of your credit card and avail any bonus categories that align with your spending habits.
Think about the possibility of transferring your balance
If you’re in the middle of a 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 transfers. This will let you pay off the debt without accruing interest, and also assist you in reaching the minimum spending requirement for the credit card’s bonus.
Utilize your miles and points wisely
If you’ve amassed a large amount of points or miles make sure you use them wisely. Review the rewards program for your credit card and then compare the worth of various redemption options. For instance, using your points to book a ticket directly with the airline might give you a better value than using them for an gift card.
Another suggestion is to use a rewards card that allows you to transfer your reward points into other loyalty programmes. This will let you have a wider range of choices and more freedom when it comes to making use of your rewards. For example, you may be capable of transferring your reward to frequent flyer programs of airlines or a reward program for hotels. This can give you access to a wider variety of hotels, flights and other travel benefits which are not accessible through the rewards program on your credit card.
Also, find out the card’s benefits. certain benefits that will help you save money on travel expenses. Some cards offer travel insurance and rental car insurance, baggage protection and other benefits that are very beneficial when traveling.
If you’re traveling with a companion and both of you earn rewards with your credit card. Be aware that you cannot split the cost on the same card and make sure you keep track of your rewards separately.
In the end, the most important thing to do to maximizing your travel rewards is to know the rewards program on your credit card and make sure you’re using it in the most effective method. By using an array of strategies I’ve listed in this article, you’ll be able earn rewards quickly, redeem rewards for valuable travel experiences, and enjoy a wide assortment of travel-related perks.