Are you tired of spending thousands of dollars on travel? Then, there’s a good news! Travel hacking could be the solution to all your travel problems. It’s a fun way to convert sign-up bonuses and incentives into airline miles that can then be used to get discounted or even free flights to your dream destinations. With a little bit of creativity and some insider knowledge, you can fly for no cost within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is all about exchanging credit card sign-up bonuses and rewards for airline miles. These miles can later be used to purchase discounted or even free flights. Certain credit cards let you redeem miles towards hotel stays or rental car deals.
How Does it Work?
The secret to successful travel hacking is to take advantage of credit card sign-up bonuses and establishing frequent flyer miles for a specific group of airlines. When it’s time to make a booking, evaluate the cost. If the flight is less than $300, it’s generally better to pay in cash and save your miles to book a higher-priced flight. If the prices start to rise over $500, you’ll need to review your frequent flyer accounts and find out which airline will give you the most value. All it boils down to is the number of points or miles you have you have in your travel savings account for each airline.
Get Started with Travel Hacking
Ready to learn the secrets of travel hacking? The first step is opening an account with a sign-up bonus. There are a lot of fantastic credit cards with many benefits and features. It all depends on your preferred 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 excellent for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
After you’ve been accepted 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 guidelines, so make certain to verify this information. From there it’s all about building up miles, and then using them to book your dream trip!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up the points amount, it’s time to cash them in for some delicious vacation! Different credit card companies have different methods of redeeming your rewards, here are some examples from some of the providers I’ve worked with:
Getaway by using Chase Ultimate Rewards
If you’re a holder of a Chase card, you can use your points to redeem them through the Ultimate Rewards portal. Through this portal you’ll have access to nearly every airline, and you can make use of a combination of money and points to pay for your travel. You can even book entirely with points if you’ve the balance 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 purchase flights through the Chase Ultimate Rewards portal and pay the balance in cash using every credit card.
Are you fed up of paying full price for your flight tickets? Did you realize that when booking directly through United you can choose the option of paying with dollars or points? But, be careful, if you do not have enough points you can’t combine dollars and points on flights. No worries though, if you’re a few points short, United provides the option of buying additional miles.
Looking for a flight within the United States? Look no further than JetBlue! JetBlue provides passengers a relaxing and pleasant flight experience , with more legroom as well as free snacks. In addition, their booking procedure is similar to that of United Airlines that allows passengers to book flights using JetBlue dollar or points, however, not both. The difference is that JetBlue has a unique feature where you can combine your points with your relatives to earn points twice as fast. Make 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 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. But don’t fret as we’ve done it and we’re here to share some of our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able pay your rent with credit card, go for 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.
Pay a medical bill
Another excellent way to meet the required spending is to cover the medical bills. If you do not have any medical expenses coming up then ask your family members to pay for theirs and they can pay you back.
Pay off a loan
If you’re a borrower, consider repaying them using the credit card you have. Just make sure you pay off the balance on your credit card completely so that you don’t end up with more debt.
Ask family for help
Discuss your family with them and see if they have any large expenses coming up which you could help pay for. Make sure that you are able to are able to trust the person and that they are aware of the reason for doing it.
If it’s the holiday season take into consideration buying all of your gifts with your credit card. In this way, you’ll hit that minimum spend and also be ready to give gifts. Make sure that you’re not spending more than you already contemplating to.
There are a lot of ways to get the most from the travel credit card. You can accumulate miles or points that you can be used towards airfares or other travel-related costs. Here are some additional ideas for maximizing your rewards:
Pay for travel expenses using your credit card
When you’re planning your next trip, use the travel credit card for booking your flight, hotel, rental car, and any other travel-related expenses. Not only will you be able to meet the minimum spend for your credit card, but you’ll also be earning points or miles for these costs.
Use your credit card to pay for your everyday costs
Another way to meet the minimum amount of spending to earn rewards is making use of your credit card to pay for everyday costs. This could be things like gas, groceries and even your telephone bill. Make sure you pay off the balance in full each month so you don’t accumulate interest.
Make the most of bonus categories
Some travel credit cards will offer bonus points or miles for specific types of purchases, like eating out or travelling. Make sure you review your credit card’s rewards program and make use of the bonus categories that are in line with your spending habits.
Consider a balance transfer
If you have existing debt on a credit card, you might want to transfer that balance to an account with a travel credit card that has the introductory APR of 0% for balance transfers. This will allow you to pay off your debt without accruing interest, and also help you hit the minimum amount required to earn the credit card bonus.
Make use of your miles or points wisely
Once you’ve accumulated a substantial amount of miles or points Make sure to utilize the points or miles wisely. Check out the rewards program on your credit card and compare the worth of various redemption options. For example using points to purchase a flight directly through the airline may offer better value than using them for a gift card.
Another option is to get a rewards card that allows you to transfer rewards to different loyalty program. This will let you get a wider selection of options and greater freedom when it comes to making use of your rewards. For example, you may be eligible to transfer your reward to frequent flyer programs of airlines or a hotel rewards program. This can give an access greater range of flights, hotels, and other travel perks that may not be available through the rewards program of your credit card.
Additionally, try to determine the card’s benefits. any perks that can reduce your travel expenses. A lot of credit cards provide travel insurance and rental car insurance, baggage protection and other benefits that can be extremely valuable when you’re traveling.
Finally, when you’re traveling with a friend and both of you get rewards on your own credit card. Make sure you don’t share the costs on the same card and make sure to keep track of your rewards separately.
In the end, the most important thing to do to maximizing your rewards for travel is to be aware of your credit card’s rewards program and ensure that you’re making use of your credit card in the most effective method. By using all of the methods I’ve described that you can earn rewards fast, exchange them for valuable travel experiences and take advantage of a broad variety of travel benefits.