Are you tired of spending a fortune on airfare? Well, good news! Travel hacking can be the solution to all your travel woes. It’s an exciting method to convert credit card sign-up bonuses and incentives into airline miles which you can use to get discounted or even cheap flights from your desired destinations. With a little bit of imagination and some knowledge, you can fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is about exchanging credit card sign-up bonuses and rewards for airline miles. These miles can later be used to buy cheap or free flight tickets. Certain credit cards will also permit you to use miles for hotel stays and car rental offers.
How Does it Work?
The key to successful travel hacking is to take advantage of the credit card sign-up bonus and to establish frequent flyer miles for a specific group of airlines. When you are ready to make a booking consider the cost. If the price is less than $300, it’s generally better to pay cash and use your miles to pay to take a more costly flight. If the prices start to rise higher than $500, it’s best to review the frequent flyer account to determine which airline offers you the most value. It all comes down to the number of points or miles in your travel bank for every airline.
Start with Travel Hacking
Are you ready to discover the secrets to travel hacking? The first step is opening the credit card that comes with a sign-up offer. There are plenty of great credit cards that offer various features and benefits. It is all dependent on the airline, your habits with spending and the features that are most essential to you.
Top Credit Card Picks
Here are some credit card options that can be excellent for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If you’ve been approved for a credit card, you’ll have to meet the limit of spending minimum in order to get the bonus. Every credit card has its own set of rules, so be sure to look up this information. Then you can begin to rack up miles, and using them to book your dream trip!
Are you ready to set sail with your ideas?
Now that you’ve built up the points balance, you’re ready to use them towards delicious getaway! Different credit card companies will have different methods of redeeming your points, but here are some examples from some of the ones I’ve worked with:
Getaway by using Chase Ultimate Rewards
If you’re a holder of a Chase cards, you can redeem your points through the Ultimate Rewards portal. Within it, you’ll have access to virtually every airline and you can use a combination of points and cash to pay for your next trip. You can even book completely using points if you’ve got the funds to pay for it! Sometimes even if you do not be able to accumulate enough points in order to pay for total cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance in cash with the credit card of your choice.
Are you fed up of paying the full cost for your flight tickets? Did you not know that when you book directly through United, you have the option of paying using dollars or points? But, be careful, if you don’t have enough points, you can’t combine points and dollars on the same flight. If you’re just a few point short United gives you the possibility of purchasing additional miles.
Looking for a flight within the United States? You should look no further than JetBlue! JetBlue provides a comfortable and enjoyable flight experience , with more space and complimentary snacks. Plus, their booking process is like United’s that allows customers to book using either JetBlue dollar or points, however, not both. The difference is that JetBlue offers a distinct feature that allows you to combine your points with your family members and earn points twice as quickly. Just make sure you can prove you’re really family before trying to hack into the system.
Hit that Minimum Spend
If you’re like me or my travel buddy Becca You’re probably quite thrifty and it’s difficult to think of spending thousands of dollars in order to meet the required amount to qualify for a credit card bonus. Don’t worry because we’ve been there and are here to share some of our tricks and tips.
Pay your rent (if you can)
This is a huge one! If you’re able to pay your rent with credit card, then do it! Be prepared to pay a cost, which is usually about 3%. It might be worth it in the long run if the bonus is high enough.
Make a payment on a medical expense
Another excellent way to meet the spending limit is to pay for a medical bill. If you don’t have any medical bills coming up then ask your family members if you can pay them for theirs, and they will pay you back.
Pay off a loan
If you’re in the middle of a loan, consider paying them off with the credit card you have. Be sure to pay off the credit card balance in full , so that you don’t end up with more debt.
Ask family members for assistance
Discuss your family with them and determine if they’ve got any major expenses in the near future which you could help pay for. Be sure to be sure that you’re able to are able to trust the person and that they know why you’re taking the initiative.
If it’s the holiday season take into consideration buying all of your gifts with the credit card you have. So you’ll be able to reach the minimum spending requirement and also be ready to give gifts. Be sure to avoid paying more than you planning to.
There are many methods to get the most from the travel credit card. You can accumulate miles or points that you can use towards airfares or other travel-related costs. Here are a few additional suggestions for maximising your rewards:
Make travel reservations using your credit card
Whenever you’re planning a trip, make use of you travel credit card for booking your hotel, flight, rental car, and other travel costs. You’ll not only be able to hit the required amount to earn your credit card reward, but you’ll also earn points or miles to cover the expenses.
Make use of your credit card to pay for all your daily costs
Another method to reach the minimum spending requirement and earn points is utilising your credit cards to pay for every day expenditures. This can include items like groceries, gas and even your telephone bill. Make sure you pay the balance off in full every month to ensure you don’t accumulate interest.
Take advantage of bonus categories
Some travel credit cards will offer bonus points or miles for certain types of purchases, including dining or travel. Be sure to review your credit card’s rewards program and take advantage of any bonus categories that align with your spending routines.
Think about a balance transfer
If you’re in the middle of a outstanding debt due to a high-interest credit card, consider transferring that balance onto a travel credit card with the introductory APR of 0% for balance transfer. This will enable you to pay off your debts without accruing interest, and also help you hit the minimum spending requirement for the credit card bonus.
Make use of your miles or points carefully
If you’ve amassed a large amount of miles or points make sure you use them in a responsible manner. Examine the rewards program of your credit card and compare the value of different redemption options. For example using your points to book a flight directly with the airline might give you a better return than using them for an gift card.
Another suggestion is to use rewards cards that allow you to transfer rewards to different loyalty program. This will let you have a wider range of options and greater flexibility when you want to redeem your rewards. For instance, you might be able to transfer your rewards to the frequent flyer program of an airline or a Hotel rewards programme. This will give the benefit of a wider variety of hotels, flights, and other travel perks that aren’t available through the rewards program on your credit card.
Additionally, try to discover the card’s benefits. any perks that can reduce your travel expenses. A lot of credit cards provide travel insurance as well as rental car insurance baggage protection and other benefits that are very beneficial when traveling.
If you’re traveling with someone else and both of you earn rewards with your credit card. Make sure you don’t divide the cost with the same card. Also, make sure you keep track of the rewards you earn separately.
In the end, the most important thing to do to making the most of your travel rewards is to understand the rewards program of your credit card and ensure that you’re using your credit card in the most efficient method possible. By using all of the methods I’ve described that you can get rewards in a short time, use them for valuable travel experiences, and enjoy a wide range of travel perks.