Are you tired of spending thousands of dollars on travel? Well, good news! Travel hacking is the answer to all your travel problems. It’s an exciting way to convert credit card sign-up bonuses and incentives into airline miles, which can be used to obtain discounted or free flights to your ideal destinations. With a little imagination and some knowledge, you can fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is the art of exchanging credit card sign-up bonuses and rewards for airline miles. These miles can then be used to purchase discounted or even free flights. Some credit cards also permit you to use miles to pay for hotel stays or rental car discounts.
How Does it Work?
The most effective method for success in hacking travel is taking 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 cost is less than $300, it’s best to pay in cash and save your miles to take a more costly flight. When the flights start getting over $500, you’ll need to review those frequent flyer accounts and see which airline can give you the best price. It all comes 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? The first step is to open a credit card that comes with a welcome bonus. There are a lot of fantastic credit cards that offer a variety of features and benefits. It depends on the type of airline, spending habits and the features that are most essential to you.
Top Credit Card Picks
Here are a few credit card options that can be great to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit card you’ll need to reach the spending limit for minimum expenditure in order to get the bonus. Every credit card has its own set of rules, so be sure to look up the details. From there, it’s all about racking miles and using them to plan your dream trip!
Are you ready to set sail with your goals?
Once you’ve accumulated the points balance, you’re ready to redeem them for some delicious travel! Different credit card providers will offer different ways to redeem your points. Here are some examples from a few of the companies I’ve worked with:
Escape by using Chase Ultimate Rewards
If you have an Chase card, you can use your points to redeem them through the Ultimate Rewards portal. Through this portal you’ll get access to virtually every airline. You can make use of a combination of points and cash to book your trip. You can even book entirely using points if you’ve got enough balance! Sometimes, even if you don’t be able to accumulate enough points in order to pay for full cost, you still can buy flights with Chase Ultimate Rewards portal and pay the balance cash using the credit card of your choice.
Are you tired of paying the full cost for your flights? Did you not know that when you book directly through United you can choose the option of paying with dollars or points? Be careful that if you do not have enough points you cannot combine points and dollars on one flight. If you’re just a few points short, United also offers the option to purchase additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue offers a comfortable and enjoyable flight experience with extra legroom as well as free snacks. Plus, their booking process is similar to that of United Airlines that allows you to book with either JetBlue points or dollars, however, not both. However, JetBlue has a unique feature that allows you to pool your points together with your relatives to earn points twice as quickly. Be sure to prove you’re really family before trying to hack the system.
Reach that Minimum Spend
If you’re like me or my travel buddy Becca You’re probably quite economical and it’s daunting to try to spend thousands of dollars to reach the minimum spend for the credit card bonus. Don’t worry, we’ve been through 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! Make sure you pay a fee, usually around 3 percent. It may be worth it in the end when the bonus is large enough.
Pay for a medical bill
Another way to reach the required spending is to pay for an medical bill. If you don’t have any medical bills due then ask your family members if you can pay their medical bills and they can pay you back.
Make a payment to pay off the loan
If you’re a borrower, consider making payments on them with your credit card. Just make sure you pay off the balance on your credit card in full so you don’t end up with more debt.
Ask family for help
Talk to your family and determine if they’ve got any large expenses coming up which you could help pay for. Make sure that you are able to are able to trust the person and that they understand why you’re taking the initiative.
If it’s the holiday season you should consider purchasing all your gifts with your credit card. So you’ll be able to hit that minimum spend and also be prepared for giving gifts. Make sure that you’re not spending more than you thinking of.
There are many ways to get the most from using your credit or debit card for travel. You can accumulate miles or points that you can spend on airfares or other travel-related costs. Here are a few more suggestions for maximising your rewards
Make travel reservations using your credit card
If you’re planning a vacation, make use of you travel credit card to book your flight, hotel, rental car, and other travel costs. You’ll not only achieve the minimum amount of spending required for your credit card bonus, but you’ll also be earning points or miles on the expenses.
Make use of your credit card to pay to pay for your everyday expenses
Another way to meet the minimum spend in order to accumulate points by using your credit card for everyday costs. This could be things like gas, groceries, and even your phone bill. Make sure you pay off the balance each month in full so you don’t pay interest.
Make the most of bonus categories
A lot of travel credit cards provide miles or points in exchange on certain kinds of purchases, including eating out or traveling. Check out the rewards program of your credit card and make use of any bonus categories that align with your spending routines.
Think about the possibility of transferring your balance
If you are currently in debt on a credit card, think about transferring the balance to the travel credit card which has the introductory APR of 0% for balance transfers. This will let you pay off the debt without accruing interest, and also help you hit the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points carefully
If you’ve amassed a large amount of points or miles make sure you use the points or miles wisely. Check out the rewards program on your credit card, and evaluate the benefits of different redemption options. For instance you can use your points to book a ticket directly with the airline could offer better return than using them for an gift card.
Another suggestion is to use 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 redeeming your rewards. For example, you may be capable of transferring your rewards to an airline’s frequent flyer program or a hotel rewards program. This will give the benefit of a larger range of flights, hotels and other travel benefits that may not be offered through the rewards program on your credit card.
In addition, you should discover the card’s benefits. any perks that can reduce your travel expenses. Some cards offer travel insurance as well as rental car insurance baggage protection, and other benefits that could be very beneficial when traveling.
When you travel with someone else, both of you can get rewards on your own credit card. Be aware that you cannot divide the cost with the same card and make sure to track your rewards separately.
In the end, the most important thing to do to reaping the maximum benefits from your rewards for travel is to be aware of the rewards program on your credit card and to ensure you’re making use of this program in the most effective method possible. By using an array of strategies I’ve outlined that you can earn rewards fast, exchange rewards for valuable travel experiences, and enjoy a wide assortment of travel-related perks.