Are you tired of spending thousands of dollars on travel? Well, good news! Travel hacking could be the solution to all your travel woes. It’s an exciting method to convert sign-up bonuses and incentives into airline miles, which can be used to get discounted or even cheap flights from your dream destinations. With a little bit of imagination and some knowledge, you can be jet-setting for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about swapping credit card sign-up bonus and incentives for airline miles. The miles can be used to purchase discounted or even free flights. Certain credit cards allow you to redeem miles for hotel stays and rental car offers.
How Does it Work?
The key to success in hacking your travel plans is to take advantage of credit card sign-up bonuses and building out a frequent flyer mile program with a limited number of airlines. When it’s time to make a booking take a look at the price. If the price is under $300, it’s usually better to pay in cash and save your miles to take a more costly flight. If the prices start to rise higher than $500, it’s best to check the frequent flyer account to find out which airline will give you the most value. All it boils down to is the number of miles or points in your travel account for every airline.
Begin by Getting Started with Travel Hacking
Are you interested in learning the secrets of travel hacking? The first step is to open the credit card that comes with a sign-up offer. There are plenty of great credit cards that provide many advantages and features. It is all dependent on the airline, spending habits and the features that are most important to you.
Top Credit Card Picks
Here are some credit card options that can be great 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 reach the limit of spending minimum in order to qualify for the bonus. Every credit card has its own set of guidelines, so make certain to verify the details. Then you can begin to rack up miles, and using them to plan your dream trip!
Ready to jet-set with your goals?
Now that you’ve built up the points balance, it’s time to redeem them for some delicious vacation! Different credit card companies have different methods for redeeming your points. Here are some examples from a few of the providers I’ve worked with:
Getaway by using Chase Ultimate Rewards
If you have an Chase cards, you can use your points to redeem them through the Ultimate Rewards portal. Within it, you’ll get access to nearly every airline. You can make use of a combination of points and cash to pay for your travel. You can even book completely using points if you’ve got the funds to pay for it! Sometimes even if you don’t possess enough points for the full cost, you still can buy flights with Chase Ultimate Rewards portal and pay the balance cash using every credit card.
Are you tired of paying full price for flights? Did you not know that when you book directly through United you can choose the option of paying using either points or dollars? Be careful, if you do not have enough points you can’t combine dollars and points for one flight. No worries though, if you’re a few point short United gives you the possibility of purchasing additional miles.
Are you looking for a domestic flight? Look no further than JetBlue! JetBlue offers an enjoyable and comfortable travel experience that includes extra space and complimentary snacks. In addition, their booking procedure is similar to that of United Airlines that allows you to book with either JetBlue dollar or points but not both. But, JetBlue offers a distinct feature that lets you pool your points together with family members to accrue points twice as quickly. Make 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 thrifty and it’s difficult to think of spending thousands of dollars to hit the required amount to qualify for a credit card bonus. Don’t worry as we’ve done it and are here to share some of our tricks and tips.
Pay your rent (if you can)
This is a big one! If you’re able pay your rent with a credit card, do it! Just be prepared to be charged a fee, typically around 3 percent. It might be worth it in the long run in the event that the bonus is substantial enough.
Pay for a medical bill
Another excellent way to meet the required spending is to pay for an medical bill. If you do not have any medical expenses due then ask your family members to pay their medical bills and they will reimburse you.
Make a payment to pay off a loan
If you’re a borrower, consider paying them off with the credit card you have. Make sure to pay off the balance on your credit card completely so that you don’t accrue more debt.
Ask family members for assistance
Talk to your family 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 are aware of the reason for doing this.
If you’re celebrating the holidays you should consider purchasing all your gifts using cards from your credit account. This way you can meet the minimum spending limit and also be ready for giving gifts. Just make sure you’re not paying more than you thinking of.
There are plenty of ways to get the most from the travel credit card and earn miles or points to use towards airfares or other travel-related costs. Here are a few more ways to maximize your rewards
Make travel reservations using your credit card
Whenever you’re planning a vacation, make use of your travel credit card to book your flight, hotel, rental car, and any other travel-related expenses. You’ll not only be able to meet the minimum spend for your credit card bonus and earn points, but you’ll also be earning points or miles to cover these expenses.
Use your credit card for everyday expenditures
Another way to meet the minimum amount of spending and earn points is by making use of your credit card to pay everyday costs. This could include things like food, gas or even your phone bill. Be sure to pay off the balance each month in full so you don’t accrue interest charges.
Make the most of bonus categories
Some travel credit cards will offer bonus points or miles for specific types of purchases, such as eating out or traveling. Be sure to review the rewards program of your credit card and avail any bonus categories that align with your spending routines.
Take into consideration a balance transfer
If you have existing debt on a credit card, consider transferring the balance to the travel credit card which has the introductory APR of 0% for balance transfers. This will let you pay off your debt without accruing interest and simultaneously 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, be sure to use them in a responsible manner. Check out the rewards program on your credit card, and evaluate the worth of various redemption options. For example you can use your points to purchase a flight directly with the airline might provide you with a greater value than using them for the purchase of a gift card.
Another suggestion is to use rewards cards that allow you to transfer reward points into other loyalty programmes. This allows you to enjoy a greater variety of options and greater flexibility in making use of your rewards. For example, you may be eligible to transfer your reward to the frequent flyer program of an airline or a Hotel rewards programme. This gives an access greater range of flights, hotels and other travel benefits that may not be accessible through the rewards program of your credit card.
Also, determine whether your credit card has some perks that could reduce your travel expenses. A lot of credit cards provide travel insurance and rental car insurance, baggage protection and other benefits that can be very beneficial when traveling.
Finally, when you’re traveling with a companion each of you will be able to earn rewards with your own credit card. Be aware that you cannot split the cost on the same card. Also, make sure you keep track of your rewards in a separate manner.
Overall, the key to maximizing your travel rewards is to know your credit card’s rewards program and to ensure you’re making use of your credit card in the most effective method. By using all of the strategies I’ve outlined, you’ll be able to earn rewards quickly, redeem them for valuable travel experiences and benefit from a wide assortment of travel-related perks.