Are you tired of paying a fortune on airfare? Then, there’s a good news! Travel hacking could be the solution to your travel-related problems. It’s an exciting method to turn credit card sign-up bonuses and incentives into airline miles which can be used to obtain discounted or free flights to your desired destinations. With a little bit of imagination and some know-how, you’ll travel for free in no time.
The Basics of Travel Hacking
Travel hacking is all about exchanging credit card sign-up bonuses and incentives for airline miles. The miles can be used to purchase discount or no-cost flights. Certain credit cards will also allow you to redeem miles for hotel stays and car rental offers.
How Does it Work?
The key to success in hacking your travel plans is to take advantage of the credit card sign-up bonus and building out frequent flyer miles with a limited number of airlines. When you are ready to book a flight, evaluate the cost. If the flight is under $300, it’s usually better to pay in cash and save your miles to take a more costly flight. When the flights start getting higher than $500, it’s best to review your frequent flyer accounts and find out which airline will give you the best price. All it boils down to is the number of points or miles you have 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 opening the credit card that comes that comes with a welcome bonus. There are plenty of great credit cards that provide various advantages and features. It is all dependent on the airline, your habits with spending and what features are essential to you.
Top Credit Card Picks
Here are some credit cards that are 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 reach the minimum spend limit in order to qualify for the bonus. Each card has its own guidelines, so make sure to look up this information. Then it’s all about building miles and using them to book your dream vacation!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up your points balance, it’s time to redeem them for some delicious getaway! Different credit card providers will have different methods of redeeming your points. Here are a few examples from some of the companies I’ve worked with:
Escape through Chase Ultimate Reward
If you’re a holder of an Chase card, you are able to use your points to redeem them through the Ultimate Rewards portal. Within the portal, you’ll get access to virtually every airline and you can combine points and cash to pay for your travel. You can even book entirely using points if you’ve got the balance for it! Sometimes, even if you don’t possess enough points for the full price, you can buy flights with Chase Ultimate Rewards portal and pay the balance cash using every credit card.
Are you tired of paying the full cost for your flight tickets? Did you know that when you book directly through United You have the option of paying using dollars or points? Be careful in case you don’t have enough points, you cannot combine points and dollars on flights. No worries though, if you’re a few points away, United also offers the option of buying additional miles.
Are you looking for a domestic flight? Look no further than JetBlue! JetBlue provides a comfortable and enjoyable travel experience that includes extra space and complimentary snacks. Plus, their booking process is similar to that of United Airlines which allows passengers to book flights using JetBlue either dollars or points, however, not both. But, JetBlue offers a distinct feature where you can pool your points together with your relatives to earn points twice as quickly. Just make sure you can establish that you’re a real family member prior to trying to hack the system.
Reach that Minimum Spend
If you’re anything like me and my travel buddy Becca I’m sure you’re pretty frugal and it can be difficult to think of spending thousands of dollars in order to meet the minimum spend for credit card bonuses. However, don’t be worried because we’ve been there and are here to share our tips and tricks.
Pay your rent (if you can)
This is an important one! If you’re able to pay for your rent using credit card, go for it! Just be prepared to pay a fee, usually around 3 percent. It might be worth it in the end in the event that the bonus is substantial enough.
Make a payment on a medical expense
Another excellent way to meet the minimum spend is to cover an medical bill. If you don’t have any medical bills due Ask your family members to pay their medical bills and they will repay 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 the credit card you have. Just make sure you pay off the credit card balance completely so that you don’t accumulate more debt.
Ask family for help
Ask your family members to look into any large expenses coming up that you can contribute 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, consider buying all your gifts using cards from your credit account. This way you can meet the minimum spending limit and be ready for gift giving. Be sure to avoid spending more than you were already planning to.
There are many methods to get the most out of the travel credit card. accumulate miles or points that you can spend on flights or other travel-related expenses. Here are a few additional suggestions for maximising your rewards:
Pay for travel expenses using your credit card
If you’re planning a trip, make use of your travel credit card to book your flight, hotel, rental car, and any other travel expenses. In addition, you’ll achieve the required amount to earn your credit card and earn points, 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 spend to earn rewards is by using your credit card to pay every day expenses. This can include things like gas, groceries or even your phone bill. Just make sure to pay the balance off in full every month to ensure you don’t accumulate interest.
Benefit from bonus categories
A lot of travel credit cards provide miles or bonus points on certain kinds of purchases, such as dining or travel. Be sure to review your credit card’s rewards program and make use of the bonus categories that are in line with your spending habits.
Think about the possibility of transferring your balance
If you have existing outstanding debt due to a high-interest credit card, consider transferring the balance to the travel credit card which has a 0% introductory APR for balance transfer. This will let you pay off your debts without accruing interest and simultaneously help you hit the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points carefully
Once you’ve accumulated a substantial amount of miles or points, be sure to use them in a responsible manner. Examine the rewards program of your credit card and compare the value of different redemption options. For instance you can use your points to purchase a flight directly through the airline may provide you with a greater return than using them for an gift card.
Another option is to get rewards cards that allow you to transfer reward points into other loyalty programmes. This will let you get a wider selection of options and greater flexibility when you want to redeem your rewards. For instance, you might be eligible to transfer your rewards to the frequent flyer program of an airline or Hotel rewards programme. This will give you access to a larger selection of hotels, flights, and other travel perks that may not be available through the rewards program on your credit card.
Also, find out if your credit card offers certain benefits that will help you save money on travel costs. Many cards offer travel insurance and rental car insurance, baggage protection and other benefits that can be extremely valuable when you’re traveling.
If you’re traveling with someone else, both of you can get rewards on your credit card. Make sure you don’t split the cost on the same card. Also, make sure you keep track of your rewards separately.
The key to making the most of your rewards for travel is to be aware of the rewards program on your credit card and ensure that you’re using this program in the most efficient way possible. Through a combination of the strategies I’ve listed in this article, you’ll be able get rewards in a short time, use them for travel experiences that are worth it and take advantage of a broad assortment of travel-related perks.