Are you tired of paying thousands of dollars on travel? Then, there’s a 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 airline miles, which can be used to get discounted or even complimentary flights for your desired destinations. With a little bit of imagination and a little bit of insider know-how, you’ll fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about trading credit card sign-up bonuses and incentives for airline miles. These miles can then be used to purchase discount or no-cost flights. Some credit cards also permit you to use miles to pay for hotel stays or car rental discounts.
How Does it Work?
The key to success in travel hacking is to take advantage of the sign-up bonuses for credit cards and building out a frequent flyer mile program for a specific group of airlines. When it’s time to make a booking consider the cost. If the cost is less than $300, it’s best to pay cash and save your miles for a more expensive flight. If your flights begin to climb above $500, you’ll want to look into your frequent flyer accounts to see which airline can give you the best deal. It all boils down to the amount of points or miles you have in your travel savings account for every airline.
Start with Travel Hacking
Are you interested in learning the secrets to hacking travel? Your first task is to open a credit card that comes with a welcome bonus. There are many great credit cards that offer a variety of features and benefits. It all depends on your preferred airline, spending habits and what features are crucial to you.
Top Credit Card Picks
Here are some credit card options that can be perfect to use for hacking travel:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
Once you’ve been approved for a credit card you’ll need to hit the spending limit for minimum expenditure in order to qualify for the bonus. Each card has its own rules, so be sure to look up the details. Then you can begin to rack up miles, and then using them to book your dream vacation!
Ready to jet-set with your points?
Once you’ve accumulated the points amount, it’s time to redeem them for some nice getaway! Different credit card companies have different methods for redeeming your points, but here are some examples from a few of the ones 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. In it, you’ll get access to virtually every airline and you can use a combination of points and cash to pay for your travel. You can even book entirely on points if you have enough balance! Sometimes even if you do not be able to accumulate enough points in order to pay for total 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 fed up of paying the full cost for your flights? Did you not know that when you book directly through United, you have the option of paying with either points or dollars? Butbe aware in case you don’t have enough points you can’t combine dollars and points for the same flight. Don’t worry, though, if you’re just a few points away, United gives you the option to purchase 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 extra legroom and free snacks. Additionally, their booking process is similar to United’s, allowing passengers to book flights using JetBlue dollar or points but not both. However, JetBlue is unique in that they offer a feature where you can combine your points with your family members and earn points twice as quickly. Be sure to prove you’re really family before trying to hack the system.
Make sure you spend that minimum amount
If you’re anything like me and my travel companion Becca You’re probably quite economical and it’s difficult to think of spending thousands of dollars to hit the minimum amount required to earn the credit card bonus. Don’t worry, we’ve been through it 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 pay your rent with a credit card, do it! Be prepared to be charged a fee, typically about 3 percent. It might be worth it in the long run in the event that the bonus is substantial enough.
Make a payment on a medical expense
Another excellent way to meet the required spending is to cover a medical bill. If you do not have any medical expenses due then ask your family members to pay for theirs and they will reimburse you.
Make a payment to pay off a loan
If you’re in the middle of a loan take into consideration making payments on them with an credit card. Be sure to pay off the balance on your credit card in full , so that you don’t accumulate additional debt.
Ask family members for assistance
Talk to your family and see if they have any major expenses in the near future that you can help pay for. Make sure that you are able to have confidence in the person you are talking to and they understand why you’re doing it.
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 meet the minimum spending limit and also be prepared for gift giving. Just make sure you’re not spending more than you contemplating to.
There are many ways to make the most from your travel credit card. accumulate miles or points that you can be used towards flights or other travel-related expenses. Here are some additional ideas for maximizing your rewards
Pay for travel expenses using your credit card
When you’re planning your next trip, 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 meet the minimum spend for your credit card reward, however, you’ll also earn points or miles on these costs.
Utilize your credit card to pay to pay for your everyday costs
Another way to hit the minimum spending requirement in order to accumulate points making use of your credit card for everyday expenditures. This could be things like food, gas or even your phone bill. Be sure to pay the balance off in full every month to ensure you don’t accumulate interest.
Make the most of bonus categories
Many travel credit cards offer bonus points or miles on certain kinds of purchases, including dining or travel. Make sure you review your credit card’s rewards program and take advantage of the bonus categories that are in line with your spending routines.
Take into consideration a balance transfer
If you have existing debt on a credit card, consider transferring the balance to an account with a travel credit card that has the introductory APR of 0% for balance transfer. This will enable you to pay off the debt without accruing interest, and also assist you in reaching the minimum spend for the credit card’s bonus.
Make use of your miles or points wisely
Once you’ve accumulated a substantial amount of miles or points make sure you use them wisely. Review the rewards program for your credit card, and evaluate the worth of various redemption options. For example, using your points to purchase a flight directly with the airline could give you a better return than using them for a gift card.
Another tip is to use rewards cards that allow you to transfer reward points into other loyalty programmes. This allows you to have a wider range of options and greater freedom when it comes to you want to redeem your rewards. For instance, you might be able to transfer your rewards to an airline’s frequent flyer program or hotel rewards program. This can give the benefit of a wider variety of hotels, flights as well as other travel perks which are not available through your credit card’s rewards program.
Additionally, try to find out the card’s benefits. certain benefits that will help you save money on travel expenses. Many cards offer travel insurance and rental car insurance, baggage protection and other benefits that are invaluable when you travel.
When you travel 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 to track your rewards in a separate manner.
The key to reaping the maximum benefits from your rewards for travel is to be aware of the rewards program of your credit card and ensure that you’re making use of your credit card in the most efficient method possible. By using all of the methods I’ve described that you can earn rewards fast, exchange them for travel experiences that are worth it, and enjoy a wide variety of travel benefits.