Are you tired of spending a fortune on airfare? Well, good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting way to convert credit card sign-up bonuses and incentives into airline miles which can be used to score discounted or free flights to your ideal destinations. With a little imagination and a little bit of insider know-how, you’ll fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is about trading credit card sign-up bonuses as well as incentives to earn airline miles. These miles can then be used to purchase discount or no-cost flights. Certain credit cards allow you to redeem miles towards hotel stays or rental car offers.
How Does it Work?
The secret to successful travel hacking is to take advantage of the credit card sign-up bonus and establishing frequent flyer miles with a limited number of airlines. When you are ready to book a flight take a look at the price. If the price is less than $300, it’s best to pay cash and save your miles to take a more costly flight. If the prices start to rise above $500, you’ll want to check your frequent flyer accounts to determine which airline offers you the most value. 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 interested in learning the secrets of travel hacking? First step opening an account with a sign-up offer. There are a lot of fantastic credit cards that provide a variety of advantages and features. It depends on the type of airline, your habits with spending and what features are crucial to you.
Top Credit Card Picks
Here are some credit cards excellent 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 minimum spend limit in order to qualify for the bonus. Each card has its own rules, so be certain to verify the details. Then you can begin to rack miles and then using them to book your dream vacation!
Are you ready to go on a jet-setting with your points?
Now that you’ve built up the points balance, you’re ready to use them towards delicious getaway! Different credit card companies have different methods of redeeming your rewards, here are a few examples from some of the ones I’ve worked with:
Getaway with Chase Ultimate Rewards
If you own a Chase cards, you are able to redeem your points through the Ultimate Rewards portal. Within it, you’ll have access to almost every airline, and you can make use of a combination of the points as well as cash in order to book your trip. You can even book entirely using points if you’ve got enough balance! Sometimes even if you do not have enough points to cover the total cost, you are able to purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash using any credit card.
Are you tired of paying the full cost for your flights? Did you realize that when booking directly through United You have the option to pay with either points or dollars? Be careful that if you don’t have enough points you aren’t able to combine dollars and points on the same flight. Don’t worry, though, if you’re a few points short, United provides the option of buying additional miles.
Are you looking for a domestic flight? Take a look at JetBlue! JetBlue provides a comfortable and enjoyable flight experience , with more space and complimentary snacks. Additionally, their booking process is like United’s, allowing customers to book using either JetBlue either dollars or points however, not both. The difference is that JetBlue is unique in that they offer a feature that allows you to combine your points with your family members and earn points twice as quickly. Make sure to establish that you’re a real family member prior to trying to hack into the system.
Reach that Minimum Spend
If you’re like me or my travel buddy Becca I’m sure you’re pretty thrifty and it’s difficult to think of spending thousands of dollars in order to meet the required amount to qualify for the credit card bonus. However, don’t be worried as we’ve done it and we’re here to share our tips and tricks.
Pay your rent (if you can)
This is an important one! If you’re able to pay for your rent with credit card, then do it! Just be prepared to pay a cost, which is usually at least 3 percent. It could be worthwhile in the long run if the bonus is high enough.
Pay a medical bill
Another excellent way to meet the spending limit is to pay for an medical bill. If you don’t have any medical bills due Ask your family members to pay them for theirs, and they can pay you back.
Make a payment to pay off a loan
If you’re in the middle of a loan take into consideration making payments on them with your credit card. Just make sure you pay off the balance on your credit card 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 big expenses coming up which you could help pay for. Just make sure you have confidence in the person you are talking to and they are aware of the reason for taking the initiative.
If you’re in the middle of the holiday season you should consider purchasing all your gifts with your credit card. In this way, you’ll hit that minimum spend and be ready to give gifts. Make sure that you’re not spending more than you were already contemplating to.
There are many methods to get the most out of using your credit or debit card for travel. accrue points or miles to use towards the cost of flights or other expenses related to travel. Here are a few additional ideas for maximizing your rewards
Book travel expenses with your credit card
Whenever you’re planning a trip, make use of your travel credit card for booking your flight, hotel or rental car, as well as other travel costs. Not only will you be able to hit the minimum amount of spending required to earn your credit card reward as well, but you’ll also be earning points or miles to cover the expenses.
Use your credit card to pay for your everyday costs
Another way to hit the minimum spending requirement in order to accumulate points using your credit card to pay for daily expenditures. This could be things like gas, groceries or even your phone bill. Be sure to pay the balance off in full every month to ensure you don’t accumulate interest.
Benefit from bonus categories
Many travel credit cards offer miles or points in exchange for certain types of purchases, such as dining or travel. Be sure to review the rewards program of your credit card and take advantage of any bonus categories that match with your spending routines.
Consider a balance transfer
If you have existing debt on a high-interest credit card, consider transferring that balance onto the travel credit card which has a 0% introductory APR for balance transfers. This will enable you to pay off your debt without accruing interest, and also aid in achieving the minimum spend for the credit card’s bonus.
Utilize your miles and points prudently
If you’ve amassed a large amount of miles or points, be sure to use them wisely. Check out the rewards program on your credit card and then compare the value of different redemption options. For example, using your points to book a ticket directly with the airline could give you a better value than using them to purchase an gift card.
Another tip is to use rewards cards that allow you to transfer your rewards to different loyalty program. This will let you enjoy a greater variety of options and greater freedom when it comes to you want to redeem your rewards. For instance, you might be able to transfer your rewards to the frequent flyer program of an airline or Hotel rewards programme. This can give you access to a larger range of flights, hotels as well as other travel perks which are not available through your credit card’s rewards program.
In addition, you should find out the card’s benefits. any perks that can save you money on travel-related expenses. A lot of credit cards provide travel insurance as well as rental car insurance baggage protection and other benefits that could be extremely valuable when you’re traveling.
Finally, when you’re traveling with a friend each of you will be able to earn rewards with your credit card. Be aware that you cannot divide the cost with the same card. Also, make sure to track your rewards in a separate manner.
In the end, the most important thing to do to reaping the maximum benefits from your travel rewards is to understand the rewards program on your credit card and ensure that you’re using this program in the most efficient method. By using an array of methods I’ve described that you can get rewards in a short time, use rewards for valuable travel experiences and take advantage of a broad range of travel perks.