Are you tired of paying thousands of dollars on travel? Well, good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting way to convert welcome bonuses and other incentives into airline miles, which can be used to get discounted or even complimentary flights for your ideal destinations. With a bit of imagination and a little bit of insider know-how, you’ll fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is the art of swapping credit card sign-up bonus as well as incentives to earn airline miles. These miles can then be used to purchase discounted or even free flights. Certain credit cards permit you to use miles for hotel stays and car rental 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 with a limited number of airlines. When it’s time to book a flight consider the cost. If the price is under $300, it’s best to pay cash and save your miles to take a more costly flight. If your flights begin to climb higher than $500, it’s best to review the frequent flyer account to find out which airline will give you the most value. It all comes down to the number of points or miles in your travel account for every airline.
Get Started with Travel Hacking
Are you interested in learning the secrets of travel hacking? Your first task is opening a credit card with a sign-up bonus. There are a lot of fantastic credit cards with various advantages and features. It all depends on your preferred airline, spending habits and what features are crucial to you.
Top Credit Card Picks
Here are a few credit cards great for travel hacking:
- 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 limit of spending minimum in order to receive the bonus. Every card has different guidelines, so make sure to look up this information. From there you can begin to rack miles and using them to book your dream vacation!
Are you ready to set sail with your ideas?
Now that you’ve built up the points balance, it’s time to cash them in for some nice getaway! Different credit card companies will have different methods for redeeming your rewards, here are some examples from some of the providers I’ve had experience with:
Escape with Chase Ultimate Rewards
If you own an Chase credit card, then you are able to use your points to redeem them through the Ultimate Rewards portal. In the portal, you’ll have access to almost every airline. You can use a combination of the points as well as cash in order to pay for your trip. You can even book completely on points if you have the balance for it! Sometimes even if you do not have enough points to cover the full price, you can buy flights with Chase Ultimate Rewards portal and pay the balance in cash using 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 can choose the option to pay with either points or dollars? But, be careful in case you do not have enough points you aren’t able to combine points and dollars on the same flight. Don’t worry, though, if you’re a few points short, United also offers the option to purchase additional miles.
Looking for a flight within the United States? Look no further than JetBlue! JetBlue provides a comfortable and enjoyable flight experience , with more legroom as well as free snacks. Additionally, their booking process is similar to United’s, allowing you to book with either JetBlue dollar or points, but not both. The difference is that JetBlue is unique in that they offer a feature where you can pool your points together with your relatives to earn points twice as quickly. Just make sure you can verify that you are a family member before trying to hack the system.
Make sure you spend that minimum amount
If you’re anything like me and my travel companion Becca I’m sure you’re pretty frugal and it can be daunting to try to spend thousands of dollars in order to meet the required amount to qualify for credit card bonuses. But don’t fret, we’ve been through it and we’re here to share our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able pay your rent using a credit card, do it! Be prepared to pay a fee, usually around 3 percent. It may be worth it in the end when the bonus is large enough.
Pay a medical bill
Another way to reach the spending limit is to pay for the medical bills. If you do not have any medical expenses coming up Ask your family members if you can pay their medical bills and they will pay you back.
Make a payment to pay off a loan
If you’re a borrower you owe, think about making payments on them with the credit card you have. Just make sure you pay the credit card balance completely so that you don’t accumulate additional debt.
Ask family for help
Talk to your family and determine if they’ve got any big expenses coming up that you can help pay for. Just make sure you are able to trust the person and that they are aware of the reason for doing this.
If you’re celebrating the holidays, consider buying all your gifts with the credit card you have. In this way, you’ll meet the minimum spending limit and also be ready for gift giving. Be sure to avoid paying more than you already contemplating to.
There are many methods to get the most from using your credit or debit card for travel. 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
Book travel expenses with your credit card
If you’re planning a trip, use your travel credit card to pay for your flight, hotel or rental car, as well as any other travel expenses. In addition, you’ll achieve the minimum amount of spending required for your credit card as well, but you’ll also earn points or miles for the expenses.
Utilize your credit card to pay for everyday expenditures
Another method to reach the minimum spend to earn rewards is using your credit card for daily expenses. This can include things like food, gas, and even your phone bill. Make sure you pay off the balance each month in full so you don’t accrue interest charges.
Make the most of bonus categories
Many travel credit cards offer bonus points or miles on certain kinds of purchases, like eating out or traveling. Be sure to review the rewards program of your credit card and take advantage of any bonus categories that align with your spending habits.
Take into consideration the possibility of transferring your balance
If you have existing outstanding debt due to a high-interest credit card, consider transferring the balance to a travel credit card with the introductory APR of 0% for balance transfer. This will enable you to pay off the debt without accruing interest and simultaneously aid in achieving the minimum spend for the credit card’s bonus.
Utilize your miles and points wisely
Once you’ve accumulated a substantial amount of miles or points, be sure to use them in a responsible manner. Review the rewards program for your credit card and then compare the benefits of different redemption options. For instance, using your points to book a ticket directly through the airline may provide you with a greater value than using them to purchase a gift card.
Another tip is to use an rewards card that permits you to transfer your points to other loyalty programs. This will allow you to get a wider selection of options and greater flexibility in redeeming your rewards. For example, you may be eligible to transfer your rewards to frequent flyer programs of airlines or a hotel rewards program. This gives an access larger variety of hotels, flights and other travel benefits which are not accessible through your credit card’s rewards program.
Additionally, try to discover if your credit card offers any perks that can help you save money on travel costs. A lot of credit cards provide travel insurance as well as rental car insurance baggage protection, and other benefits that can be invaluable when you travel.
When you travel with a companion and both of you earn rewards with your credit card. Make sure you don’t share the costs on the same card. Also, make sure to keep track of the rewards you earn separately.
Overall, the key to maximizing your travel rewards is to understand the rewards program of your credit card and ensure that you’re using it in the most effective method possible. By using all of the strategies I’ve listed, you’ll be able to earn rewards quickly, redeem them for valuable travel experiences, and enjoy a wide assortment of travel-related perks.