Are you tired of spending thousands of dollars on travel? Well, good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting method to convert welcome bonuses and other incentives into miles which you can use to obtain discounted or free flights to your desired destinations. With a bit of creativity and some insider information, you’ll travel for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is about exchanging credit card sign-up bonuses and incentives for airline miles. These miles can then be used to purchase cheap or free flight tickets. Certain credit cards permit you to use miles to pay for hotel stays or rental car deals.
How Does it Work?
The most effective method for successful hacking your travel plans is to take advantage of credit card sign-up bonuses and to establish frequent flyer miles on a select group of airlines. When you are ready to book a flight take a look at the price. If the cost is under $300, it’s generally better to pay in cash and use your miles to pay for a more expensive flight. When the flights start getting over $500, you’ll need to look into the frequent flyer account to determine which airline offers you the best deal. All it boils down to is the number of miles or points you have in your travel savings account for every airline.
Start with Travel Hacking
Are you ready to discover the secrets of travel hacking? Your first task is to open the credit card that comes with a sign-up bonus. There are a lot of fantastic credit cards that offer a variety of benefits and features. It depends on the type of airline, spending habits and the features that are most crucial to you.
Top Credit Card Picks
Here are some credit cards perfect to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
Once you’ve been approved for a credit card you’ll have to meet the spending limit for minimum expenditure in order to qualify for the bonus. Every card has different rules, so make sure to check for the details. Then, it’s all about racking miles and using them to book your dream trip!
Are you ready to set sail with your ideas?
After you’ve accrued the points balance, you’re ready to cash them in for some delicious getaway! Different credit card providers will have different methods for redeeming your points, but here are a few examples from some of the ones I’ve worked with:
Getaway with Chase Ultimate Rewards
If you’re a holder of an Chase credit card, then you can use your points to redeem them through the Ultimate Rewards portal. In it, you’ll have access to nearly every airline, and you can use a combination of points and cash to book your travel. You can even book completely with points if you’ve enough balance! Sometimes, even if you don’t possess enough points for the total cost, you still can purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash using every credit card.
Are you tired of paying the full cost for flights? Did you realize that when booking directly through United you can choose the option of paying using dollars or points? Butbe aware, if you do not have enough points you cannot combine points and dollars on flights. Don’t worry, though, if you’re only a couple of points short, United gives you the possibility of purchasing additional miles.
Are you looking for a domestic flight? Take a look at JetBlue! JetBlue offers an enjoyable and comfortable flight experience with extra space and complimentary snacks. Additionally, their booking process is like United’s that allows customers to book using either JetBlue points or dollars however, not both. But, JetBlue has a unique feature where you can combine your points with your family members and earn points twice as quickly. Be sure to establish that you’re a real family member prior to trying to hack the system.
Hit that Minimum Spend
If you’re anything like me and my travel buddy Becca I’m sure you’re pretty frugal and it can be challenging to attempt to spend thousands of dollars to reach the minimum spend for the credit card bonus. But don’t fret as we’ve done it and are here to share our tricks and tips.
Pay your rent (if you can)
This is a big one! If you’re able to pay for your rent with credit card, go for it! Be prepared to pay a fee, usually about 3%. It might be worth it over the long term if the bonus is high enough.
Pay a medical bill
Another excellent way to meet the required spending is to pay for the medical bills. If you do not have any medical expenses due, ask your family members to pay for theirs and they will pay you back.
Repay a loan
If you’re in the middle of a loan take into consideration paying them off with your credit card. Be sure to pay the credit card balance completely so that you don’t accumulate more debt.
Ask family members for assistance
Talk to your family and determine if they’ve got any large expenses coming up which you could 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 it’s the holiday season, consider buying all your gifts with your credit card. So you’ll be able to reach the minimum spending requirement and be ready to give gifts. Be sure to avoid spending more than you were already contemplating to.
There are plenty of methods to get the most from the travel credit card and accumulate miles or points that you can spend on flights or other travel-related expenses. Here are a few additional suggestions for maximising your rewards:
Make travel reservations using your credit card
If you’re planning a vacation, make use of your travel credit card to pay for your flight, hotel, rental car, and any other travel-related expenses. In addition, you’ll be able to hit the required amount for your credit card as well, however, you’ll also earn points or miles on those expenditures.
Make use of your credit card to pay for everyday costs
Another method to reach the minimum spending requirement in order to accumulate points using your credit card to pay for every day costs. This can include things like food, gas, and even your phone bill. Make sure you pay the balance off each month in full so you don’t pay interest.
Take advantage of bonus categories
Many travel credit cards offer miles or points in exchange for specific types of purchases, like eating out or traveling. Check out your rewards program on your credit card and take advantage of the bonus categories that are in line with your spending habits.
Take into consideration a balance transfer
If you’re in the middle of a debt on a high-interest credit card, you might want to transfer the balance to a travel credit card with an introductory rate of 0% for balance transfer. This will let you pay off the debt without accruing interest. It will also aid in achieving the minimum amount required to earn the credit card bonus.
Utilize your miles and points prudently
When you’ve earned a significant amount of miles or points, be sure to use the points or miles wisely. Review the rewards program for your credit card, and evaluate the worth of various redemption options. For instance you can use your points to book a ticket directly with the airline could give you a better value than using them for the purchase of a gift card.
Another tip is to use an rewards card that permits you to transfer your rewards to different loyalty program. This will let you enjoy a greater variety of choices and more flexibility in making use of your rewards. For example, you may be eligible to transfer your rewards to frequent flyer programs of airlines or Hotel rewards programme. This will give you access to a greater variety of hotels, flights, and other travel perks that may not be offered through your credit card’s rewards program.
In addition, you should discover if your credit card offers certain benefits that will reduce your travel costs. Some cards offer travel insurance and rental car insurance, baggage protection, and other benefits that can be extremely valuable when you’re traveling.
When you travel with a friend each of you will be able to get rewards on your credit card. Just remember that you can’t split the cost on the same card, and be sure to track the rewards you earn separately.
In the end, the most important thing to do to maximizing your travel rewards is to understand the rewards program of your credit card and to ensure you’re using it in the most efficient method. Utilizing a combination of the methods I’ve described that you can earn rewards quickly, redeem them for travel experiences that are worth it and benefit from a wide variety of travel benefits.