Are you tired of spending an enormous amount on flights? Then, there’s a good news! Travel hacking could be the solution to all your travel problems. It’s a fun way to convert credit card bonus and sign-up incentives into miles which can be used to get discounted or even cheap flights from your dream destinations. With a little bit of imagination and some information, you’ll fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is the art of swapping credit card sign-up bonus and incentives for airline miles. These miles can later be used to buy cheap or free flight tickets. Certain credit cards let you redeem miles towards hotel stays or rental car deals.
How Does it Work?
The key to successful travel hacking is to take advantage of the credit card sign-up bonus and building out frequent flyer miles with a limited number of airlines. When it’s time to book a flight, evaluate the cost. If the flight is less than $300, it’s generally better to pay cash and save your miles for a more expensive flight. If your flights begin to climb above $500, you’ll want to review the frequent flyer account to see which airline can give you the best price. It all boils down to the amount of points or miles you have you have in your travel savings account for every airline.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets of travel hacking? First step opening an account with a sign-up bonus. There are many great credit cards that provide various advantages and features. It all depends on your preferred airline, your habits with spending and the features that are most crucial to you.
Top Credit Card Picks
Here are a few credit cards that are excellent for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
After you’ve been accepted for a credit card you’ll need to reach the limit of spending minimum in order to qualify for 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 plan your dream vacation!
Are you ready to set sail with your points?
Now that you’ve built up the points amount, it’s time to use them towards delicious vacation! Different credit card companies will have different methods of redeeming your points, but here are some examples from a few of the providers I’ve worked with:
Getaway through Chase Ultimate Reward
If you own a Chase card, you can redeem your points through the Ultimate Rewards portal. In this portal 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 with points if you’ve the balance for it! Sometimes even if you do not be able to accumulate enough points in order to pay for total price, you can buy flights with Chase Ultimate Rewards portal and pay the balance in cash using the credit card of your choice.
Are you tired of paying the full cost for your flights? Did you know that when you book directly through United You have the option of paying with dollars or points? Butbe aware in case you don’t have enough points you aren’t able to combine dollars and points for flights. Don’t worry, though, if you’re a few point short United also offers the option of buying additional miles.
Looking for a domestic flight? You should look no further than JetBlue! JetBlue offers an enjoyable and comfortable flight experience with extra legroom and free snacks. Additionally, their booking process is like United’s that allows customers to book using either JetBlue dollar or points but not both. The difference is that JetBlue offers a distinct feature that allows you to pool your points together with your relatives to earn points twice as quickly. Be 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 and my travel companion Becca You’re probably quite thrifty and it’s challenging to attempt to spend thousands of dollars in order to meet the minimum spend for a credit card bonus. However, don’t be worried because we’ve been there and are here to share some of our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able pay your rent using credit card, go for it! Be prepared to pay a fee, usually around 3%. It might be worth it in the end in the event that the bonus is substantial enough.
Pay a medical bill
Another way to reach the required spending is to cover a medical bill. If you do not have any medical expenses due then ask your relatives if you could pay their medical bills and they’ll pay you back.
Pay off the loan
If you’re in the middle of a loan, consider paying them off with the credit card you have. Make sure to pay off the balance on your credit card in full , so that you don’t end up with more debt.
Ask family for help
Talk to your family and determine if they’ve got any big expenses coming up that you can help pay for. Just make sure you have confidence in the person you are talking to and they understand why you’re doing this.
If you’re celebrating the holidays, consider buying all your gifts with your credit card. In this way, you’ll meet the minimum spending limit and be ready to give gifts. Just make sure you’re not spending more than you planning to.
There are many ways to make the most of the travel credit card. accumulate miles or points that you can be used towards the cost of flights or other expenses related to travel. Here are a few additional ideas for maximizing the rewards you earn:
Book travel expenses with your credit card
Whenever you’re planning a trip, use your travel credit card to pay for your flight, hotel, rental car, and any other travel expenses. Not only will you achieve the minimum amount of spending required for your credit card reward, however, you’ll also earn points or miles for the expenses.
Make use of your credit card to pay for everyday expenditures
Another way to hit the minimum spending requirement in order to accumulate points by making use of your credit card to pay every day expenditures. This can include items like groceries, gas and even your telephone bill. Just make sure to pay the balance off each month in full so you don’t pay interest.
Make the most of bonus categories
Many travel credit cards offer bonus points or miles on certain kinds of purchases, including eating out or travelling. Be sure to review the rewards program of your credit card and take advantage of any bonus categories that align with your spending habits.
Consider the possibility of transferring your balance
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 a 0% introductory APR for balance transfer. This will let you pay off your debts without accruing interest and simultaneously help you hit the minimum spend for the credit card bonus.
Use your points or miles carefully
If you’ve amassed a large amount of miles or points Make sure to utilize them in a responsible manner. Review the rewards program for your credit card and compare the worth of various redemption options. For example you can use your points to book a flight directly with the airline might give you a better value than using them to purchase a gift card.
Another tip is to use rewards cards that allow you to transfer your rewards to different loyalty program. This will allow you to enjoy a greater variety of choices and more flexibility when making use of your rewards. For instance, you might be able to transfer your rewards to the frequent flyer program of an airline or hotel rewards program. This gives an access larger range of flights, hotels as well as other travel perks that may not be accessible through your credit card’s rewards program.
Also, find out whether your credit card has any perks that can save you money on travel-related costs. A lot of credit cards provide travel insurance, rental car insurance, baggage protection and other benefits that can be very beneficial when traveling.
Finally, when you’re traveling with a companion and both of you get rewards on your credit card. Just remember that you can’t divide the cost with the same card, and be sure you keep track of your rewards in a separate manner.
In the end, the most important thing to do to making the most of your rewards for travel is to be aware of the rewards program of your credit card and make sure you’re using your credit card in the most effective method possible. By using an array of strategies I’ve outlined in this article, you’ll be able earn rewards fast, exchange rewards for valuable travel experiences, and enjoy a wide variety of travel benefits.