Are you tired of paying a fortune on airfare? Good news! Travel hacking could be the solution to all your travel problems. It’s an exciting method to convert credit card sign-up bonuses and incentives into airline miles, which can be used to get discounted or even free flights to your dream destinations. With a little imagination and some 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. The miles can be used to purchase discount or no-cost flights. Certain credit cards allow you to redeem miles towards hotel stays or rental car discounts.
How Does it Work?
The most effective method for success in travel hacking is to take advantage of credit card sign-up bonuses and establishing frequent flyer miles on a select group of airlines. When it’s time to book a flight, evaluate the cost. If the price is less than $300, it’s usually better to pay in cash and save your miles for a more expensive flight. When the flights start getting higher than $500, it’s best to review your frequent flyer accounts and find out which airline will give you the most value. It all comes down to the amount of points or miles you have in your travel savings account for every airline.
Start with Travel Hacking
Ready to learn the secrets of travel hacking? Your first task is opening a credit card with a sign-up bonus. There are many great credit cards with various benefits and features. It is all dependent on the airline, your habits with spending and the features that are most crucial to you.
Top Credit Card Picks
Here are a few credit cards perfect for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit or debit card, you’ll have to meet the spending limit for minimum expenditure in order to get the bonus. Every card has different guidelines, so make sure to look up this information. Then it’s all about building up miles and using them to book your dream trip!
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 cash them in for some delicious vacation! Different credit card providers will offer different ways to redeem your points, but here are some examples from a few of the providers I have experience with:
Getaway through Chase Ultimate Reward
If you’re a holder of an Chase cards, you are able to use your points to redeem them through the Ultimate Rewards portal. In this portal you’ll get access to nearly every airline. You can make use of a combination of money and points to pay for your travel. You can book your flight entirely using points if you’ve got the funds to pay for it! Sometimes even if you do not possess enough points for the full cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance cash using the credit card of your choice.
Are you tired of paying full price for flights? Did you not know that when you book directly through United You have the option to pay with dollars or points? Be careful in case you do not have enough points you aren’t able to combine points and dollars for one flight. No worries though, if you’re a few points away, United also offers the option to purchase additional miles.
Are you looking for a domestic flight? You should look no further than JetBlue! JetBlue offers passengers a relaxing and pleasant flight experience , with more legroom and free snacks. Plus, their booking process is like United’s, allowing customers to book using either JetBlue dollar or points however, not both. The difference is that JetBlue has a unique feature that allows you to combine your points with family members to accrue points twice as quickly. Make sure to establish that you’re a real family member prior to trying to hack into the system.
Hit that Minimum Spend
If you’re like me or my travel buddy Becca You’re probably quite frugal and it can be daunting to try to spend thousands of dollars in order to meet the required amount to qualify for the credit card bonus. But don’t fret, we’ve been through 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 pay your rent with a credit card, do it! Just be prepared to pay a cost, which is usually about 3 percent. It could be worthwhile in the long run in the event that the bonus is substantial enough.
Pay a medical bill
Another great way to hit the spending limit is to cover a medical bill. If you do not have any medical expenses coming up Ask your family members if you can pay their medical bills and they can repay you.
Make a payment to pay off the loan
If you’re a borrower take into consideration paying them off with your credit card. Be sure to pay the credit card balance in full , so that you don’t accrue more debt.
Ask family for help
Ask your family members to look into any major expenses in the near future that you can contribute for. Just make sure you trust the person and they understand why you’re taking the initiative.
If you’re in the middle of the holiday season you should consider purchasing all your gifts with your credit card. So you’ll be able to reach the minimum spending requirement and also be prepared for giving gifts. Just make sure you’re not spending more than you thinking of.
There are many methods to get the most from using your credit or debit card for travel. You can accumulate miles or points that you can be used towards airfares or other travel-related costs. Here are a few more suggestions for maximising your rewards:
Pay for travel expenses using your credit card
When you’re planning your next trip, use you travel credit card to pay for your flight, hotel or rental car, as well as any other travel expenses. In addition, you’ll be able to meet the required amount to qualify for a credit card reward as well, however, you’ll also earn points or miles for those expenditures.
Use your credit card to pay for your everyday costs
Another way to hit the minimum amount of spending in order to accumulate points by utilising your credit cards for daily costs. This could be things like food, gas and even your telephone bill. Make sure you pay off the balance in full every month to ensure you don’t accrue interest charges.
Benefit from bonus categories
A lot of travel credit cards provide bonus points or miles on certain kinds of purchases, including dining or travel. Check out your rewards program on your credit card and make use of any bonus categories that align with your spending routines.
Take into consideration a balance transfer
If you have existing debt on a high-interest credit card, consider transferring that balance to the travel credit card which has the introductory APR 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.
Use your points or miles carefully
Once you’ve accumulated a substantial amount of points or miles Make sure to utilize them in a responsible manner. Check out the rewards program on your credit card and then compare the worth of various redemption options. For instance, using your points to purchase a flight directly with the airline might provide you with a greater value than using them to purchase an gift card.
Another tip 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 flexibility when making use of your rewards. For example, you may be capable of transferring your rewards to frequent flyer programs of airlines or Hotel rewards programme. This gives an access wider selection of hotels, flights as well as other travel perks which are not accessible through your credit card’s rewards program.
In addition, you should discover whether your credit card has some perks that could help you save money on travel costs. Many cards offer 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 with your own credit card. Just remember that you can’t share the costs on the same card and make sure to track your rewards in a separate manner.
Overall, the key to making the most of your rewards for travel is to be aware of the rewards program of your credit card and to ensure you’re making use of this program in the most efficient method possible. By using a combination of the strategies I’ve outlined, you’ll be able to earn rewards fast, exchange rewards for valuable travel experiences and benefit from a wide variety of travel benefits.