Are you tired of spending a fortune on airfare? Good news! Travel hacking can be the solution to your travel-related problems. It’s a fun way to convert credit card sign-up bonuses and incentives into airline miles, which can be used to obtain discounted or complimentary flights for your dream destinations. With a little bit of imagination and a little bit of insider knowledge, you can fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is the art of exchanging credit card sign-up bonuses and rewards for airline miles. The miles can be used to pay for discounted or even free flights. Some credit cards also allow you to redeem miles for hotel stays and rental car deals.
How Does it Work?
The most effective method for success in hacking travel is taking advantage of credit card sign-up bonuses and to establish a frequent flyer mile program on a select group of airlines. When you are ready to book a flight consider the cost. If the price is under $300, it’s usually better to pay in cash and save your miles to take a more costly flight. If the prices start to rise over $500, you’ll need to look into your frequent flyer accounts to see which airline can give you the best deal. All it boils down to is the amount of miles or points in your travel account for every airline.
Get Started with Travel Hacking
Are you interested in learning the secrets to travel hacking? Your first task is opening an account that comes with a welcome bonus. There are plenty of great credit cards that offer various benefits and features. It is all dependent on the airline, spending habits 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
Once you’ve been approved for a credit or debit card, you’ll need to hit the limit of spending minimum in order to get the bonus. Each card has its own rules, so make certain to verify the details. Then, it’s all about racking up miles, and then using them to book your dream vacation!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up your points amount, it’s time to cash them in for some nice vacation! Different credit card companies offer different ways to redeem your points, but here are some examples from some of the providers I’ve had experience with:
Escape by using Chase Ultimate Rewards
If you’re a holder of an Chase credit card, then you are able to redeem your points via the Ultimate Rewards portal. Through the portal, you’ll get access to nearly every airline and you can make use of a combination of points and cash to book your trip. You can even book completely with points if you’ve enough balance! Sometimes even if you don’t be able to accumulate enough points in order to pay for full cost, you are able to purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash with the credit card of your choice.
Are you tired of paying full price for your flights? Did you know that when you book directly through United You have the option to pay with either points or dollars? Be careful in case you don’t have enough points you can’t combine dollars and points for flights. No worries though, if you’re a few points short, United provides the possibility of purchasing additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue offers a comfortable and enjoyable flight experience , with more space and complimentary snacks. Additionally, their booking process is similar to United’s which allows you to book with either JetBlue points or dollars, however, not both. But, JetBlue is unique in that they offer a feature where you can join your points with family members to accrue points twice as fast. Just make sure you can prove you’re really family before trying to hack the system.
Reach that Minimum Spend
If you’re like me and my travel buddy Becca You’re probably quite frugal and it can be daunting to try to spend thousands of dollars to hit the minimum amount required to earn the credit card bonus. However, don’t be worried as we’ve done it and are here to share our tricks and tips.
Pay your rent (if you can)
This is a huge one! If you’re able to pay your rent using a credit card, do it! Just be prepared to be charged a fee, typically about 3 percent. It could be worthwhile over the long term when the bonus is large enough.
Pay for a medical bill
Another great way to hit the spending limit is to pay for a medical bill. If you do not have any medical expenses due, ask your family members to pay them for theirs, and they will pay you back.
Repay a loan
If you’re in the middle of a loan you owe, think about paying them off with the credit card you have. Make sure to pay off the credit card balance in full so you don’t accumulate more debt.
Ask family for help
Discuss your family with them and see if they have any large expenses coming up that you can help pay for. Just make sure you are able to trust the person and that they are aware of the reason for doing it.
If you’re celebrating the holidays, consider buying all of your gifts with your credit card. In this way, you’ll reach the minimum spending requirement and also be ready for gift giving. Be sure to avoid spending more than you contemplating to.
There are a lot of methods to get the most from the travel credit card. accumulate miles or points that you can spend on airfares or other travel-related costs. Here are a few additional ideas for maximizing the rewards you earn:
Make travel reservations using your credit card
When you’re planning your next trip, use your travel credit card for booking your hotel, flight or rental car, as well as any other travel-related expenses. You’ll not only be able to hit the minimum amount of spending required for your credit card, but you’ll also earn points or miles on those expenses.
Utilize your credit card to pay to pay for your everyday expenditures
Another method to reach the minimum amount of spending in order to accumulate points utilising your credit cards to pay daily expenditures. This can include things like food, gas, and even your phone bill. Be sure to pay the balance off in full every month to ensure you don’t accrue interest charges.
Take advantage of bonus categories
Many travel credit cards offer miles or bonus points for specific types of purchases, including eating out or traveling. Be sure to review your credit card’s rewards program and make use of any bonus categories that match with your spending routines.
Consider a balance transfer
If you’re in the middle of a debt on a high-interest credit card, you might want to transfer that balance to the travel credit card which has the introductory APR of 0% for balance transfer. This will enable you to pay off your debts without accruing interest. It will also help you hit the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points wisely
When you’ve earned a significant amount of miles or points Make sure to utilize them in a responsible manner. Examine the rewards program of your credit card and then compare the worth of various redemption options. For example, using your points to book a ticket directly with the airline might offer better value than using them for the purchase of a gift card.
Another option is to get rewards cards that allow you to transfer points to other loyalty programs. This allows you to have a wider range of options and greater flexibility in you want to redeem your rewards. For instance, you might be capable of transferring your reward to the frequent flyer program of an airline or reward program for hotels. This will give an access wider selection of hotels, flights as well as other travel perks which are not offered through your credit card’s rewards program.
Also, determine if your credit card offers some perks that could save you money on travel-related costs. 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 and both of you earn rewards using your own credit card. Be aware that you cannot share the costs on the same card, and be sure to keep track of your rewards separately.
Overall, the key to reaping the maximum benefits from your travel rewards is to understand the rewards program on your credit card and to ensure you’re using it in the most effective method. By using an array of strategies I’ve outlined, you’ll be able to get rewards in a short time, use them for travel experiences that are worth it and take advantage of a broad range of travel perks.