Are you tired of spending thousands of dollars on travel? Then, there’s a good news! Travel hacking is the answer to your travel-related problems. It’s an exciting method to convert credit card bonus and sign-up incentives into miles which can be used to obtain discounted or free flights to your ideal destinations. With a little bit of creativity and some insider knowledge, you can fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is all about exchanging credit card sign-up bonuses as well as incentives to earn airline miles. These miles can then be used to pay for discount or no-cost flights. Certain credit cards permit you to use miles to pay for hotel stays or rental car deals.
How Does it Work?
The secret to success in travel hacking is to take advantage of the sign-up bonuses for credit cards and to establish frequent flyer miles with a limited number of airlines. When you are ready to make a booking, evaluate the cost. If the cost is less than $300, it’s usually better to pay cash and use your miles to pay to take a more costly flight. If your flights begin to climb over $500, you’ll need to check the frequent flyer account and see which airline can give you the best price. It all boils down to the amount of miles or points in your travel bank for every airline.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets to hacking travel? 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 many features and benefits. It depends on the type of airline, your spending habits, and what features are essential to you.
Top Credit Card Picks
Here are a few credit cards 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 card, you’ll need to reach the limit of spending minimum in order to qualify for the bonus. Each card has its own rules, so be certain to verify the details. Then, it’s all about racking miles and using them to plan your dream trip!
Are you ready to go on a jet-setting with your ideas?
After you’ve accrued the points balance, you’re ready to redeem them for some nice vacation! Different credit card companies will have different methods for redeeming your rewards, here are some examples from some of the providers I have experience with:
Getaway by using Chase Ultimate Rewards
If you’re a holder of a Chase card, you can redeem your points through the Ultimate Rewards portal. In it, you’ll get access to almost every airline. You can use a combination of money and points to book your travel. You can even book completely with points if you’ve the funds to pay for it! Sometimes, even if you don’t have enough points to cover the entire cost, you still can purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash with any credit card.
Are you tired of paying the full cost for flights? Did you realize that when booking directly through United, you have the option to pay with dollars or points? Butbe aware that if you don’t have enough points, you aren’t able to combine points and dollars for the same flight. Don’t worry, though, if you’re a few point short United provides the possibility of purchasing additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue offers an enjoyable and comfortable flight experience , with more space and complimentary snacks. In addition, their booking procedure is similar to United’s which allows customers to book using either JetBlue dollar or points, but not both. The difference is that JetBlue has a unique feature that lets you pool your points together with your family members and earn points twice as quickly. Make sure to prove you’re really family before trying to hack the system.
Make sure you spend that minimum amount
If you’re like me and my travel buddy Becca, you’re probably pretty economical and it’s challenging to attempt to spend thousands of dollars in order to meet the minimum amount required to earn credit card bonuses. But don’t fret as we’ve done it and we’re 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 with credit card, then do it! Make sure you be charged a fee, typically around 3 percent. It could be worthwhile over the long term when the bonus is large enough.
Pay a medical bill
Another great way to hit the minimum spend is to cover a medical bill. If you don’t have any medical bills in the near future then ask your relatives if you could pay their medical bills and they can reimburse you.
Make a payment to pay off the loan
If you have any loans you owe, think about repaying them using your credit card. Make sure to pay off the credit card balance completely so that you don’t accrue more debt.
Ask family for help
Discuss your family with them and look into any big expenses coming up that you can help pay for. Make sure that you are able to have confidence in the person you are talking to and they are aware of the reason for doing it.
If it’s the holiday season, consider buying all your gifts with the credit card you have. In this way, you’ll hit that minimum spend and also be prepared to give gifts. Just make sure you’re not spending more than you contemplating to.
There are plenty of methods to get the most out of your travel credit card. You can accrue points or miles to spend on flights or other travel-related expenses. Here are a few more ideas for maximizing your rewards:
Make travel reservations using your credit card
Whenever you’re planning a trip, make use of your travel credit card to pay for your hotel, flight, rental car, and other travel costs. You’ll not only be able to hit the required amount to qualify for a credit card reward as well, but you’ll also be earning points or miles for those expenses.
Use your credit card to pay for your everyday costs
Another way to hit the minimum amount of spending and earn points is by utilising your credit cards to pay for every day costs. This can include things like gas, groceries and even your telephone bill. Be sure to pay the balance off in full every month to ensure you don’t accrue interest charges.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points for specific types of purchases, including eating out or traveling. Check out your rewards program on your credit card and avail any bonus categories that match with your spending habits.
Take into consideration a balance transfer
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 allow you to pay off your debt without accruing interest, and 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 miles or points, be sure to use them wisely. Examine the rewards program of your credit card, and evaluate the worth of various redemption options. For instance you can use your points to book a flight directly through the airline may give you a better return than using them for an gift card.
Another tip is to use a rewards card that allows you to transfer reward points into other loyalty programmes. This allows you to enjoy a greater variety of choices and more flexibility in redeeming your rewards. For instance, you might be capable of transferring your rewards to the frequent flyer program of an airline or Hotel rewards programme. This can give you access to a greater range of flights, hotels, and other travel perks that may not be available through the rewards program on your credit card.
In addition, you should find out whether your credit card has certain benefits that will help you save money on travel expenses. A lot of credit cards provide travel insurance, rental car insurance, baggage protection and other benefits that can be invaluable when you travel.
If you’re traveling with someone else, both of you can earn rewards using your credit card. Just remember that you can’t split the cost on the same card. Also, make sure to keep track of your rewards in a separate manner.
Overall, the key to making the most of your travel rewards is to understand the rewards program on your credit card and make sure you’re making use of this program in the most efficient way possible. By using a combination of the methods I’ve described, you’ll be able to get rewards in a short time, use them for valuable travel experiences and take advantage of a broad range of travel perks.