Are you tired of spending thousands of dollars on travel? Then, there’s a good news! Travel hacking can be the solution to all your travel woes. It’s an exciting method to convert sign-up bonuses and incentives into miles which can be used to score discounted or cheap flights from your dream destinations. With a little bit of imagination and some knowledge, you can travel for free 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 then be used to pay for discount or no-cost flights. Some credit cards also let you redeem miles for hotel stays and rental car deals.
How Does it Work?
The key to successful hacking your travel plans is to take advantage of credit card sign-up bonuses and to establish a frequent flyer mile program on a select group of airlines. When it’s time to book a flight, evaluate the cost. If the flight is under $300, it’s usually better to pay in cash and use your miles to pay to book a higher-priced flight. When the flights start getting higher than $500, it’s best to review your frequent flyer accounts to see which airline can give you the most value. It all comes down to the number of points or miles in your travel bank for every airline.
Get Started with Travel Hacking
Are you ready to discover the secrets to travel hacking? The first step is to open a credit card that comes with a welcome bonus. There are many great credit cards with various benefits and features. It all depends on your preferred airline, your habits with spending and what features are essential to you.
Top Credit Card Picks
Here are a few credit cards that are excellent to use for hacking travel:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
If 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. Every card has different guidelines, so make sure to look up the details. From there you can begin to rack up miles, and using them to book your dream vacation!
Are you ready to set sail with your goals?
After you’ve accrued the points balance, you’re ready to redeem them for some nice travel! Different credit card companies offer different ways to redeem your points, but here are some examples from some of the providers I’ve had experience with:
Escape by using Chase Ultimate Rewards
If you have an Chase credit card, then you can use your points to redeem them through the Ultimate Rewards portal. Within the portal, you’ll have access to nearly every airline and you can use a combination of points and cash to pay for your travel. You can book your flight entirely on points if you have enough balance! Sometimes even if you don’t have enough points to cover the full 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 tired of paying full price for your flight tickets? Did you not know that when you book directly through United, you have the option of paying using dollars or points? Butbe aware that if you don’t have enough points you aren’t able to combine points and dollars for the same flight. If you’re just a few point short United gives you the option of buying additional miles.
Are you looking for a domestic flight? You should look no further than JetBlue! JetBlue offers an enjoyable and comfortable travel experience that includes extra space and complimentary snacks. Additionally, their booking process is similar to that of United Airlines that allows passengers to book flights using JetBlue either dollars or points however, not both. However, JetBlue is unique in that they offer a feature that lets you combine your points with your family members and earn points twice as fast. Be sure to prove you’re really family before trying to hack the system.
Hit that Minimum Spend
If you’re like me and my travel buddy Becca You’re probably quite thrifty and it’s daunting to try to spend thousands of dollars to reach the required amount to qualify for the credit card bonus. However, don’t be worried as we’ve done it and we’re here to share some of our tricks and tips.
Pay your rent (if you can)
This is an important one! If you’re able to pay for your rent using credit card, then do it! Be prepared to be charged a fee, typically about 3%. It could be worthwhile in the end when the bonus is large enough.
Make a payment on a medical expense
Another way to reach the minimum spend is to pay for the medical bills. If you do not have any medical expenses due, ask your family members if you can pay their medical bills and they can repay you.
Pay off a loan
If you’re a borrower, consider repaying them using your credit card. Be sure to pay off the credit card balance in full so you don’t end up with additional debt.
Ask family members for assistance
Talk to your family and look into any large expenses coming up that you can contribute for. Just make sure you have confidence in the person you are talking to and they are aware of the reason for taking the initiative.
If it’s the holiday season, consider buying all of your gifts with your credit card. This way you can reach the minimum spending requirement and also be ready for gift giving. Just make sure you’re not spending more than you already thinking of.
There are many methods to get the most from the travel credit card. earn miles or points to spend on the cost of flights or other expenses related to travel. Here are some additional ideas for maximizing your rewards
Make travel reservations using your credit card
When you’re planning your next trip, use you travel credit card for booking your hotel, flight or rental car, as well as other travel costs. Not only will you achieve the minimum amount of spending required to earn your credit card reward, but you’ll also be earning points or miles for those expenses.
Utilize your credit card to pay for all your daily expenses
Another way to meet the minimum spend to earn rewards is by making use of your credit card for every day expenditures. This could be things like gas, groceries, and 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
Many travel credit cards offer miles or points in exchange for specific types of purchases, such as dining or travel. Check out your credit card’s rewards program and make use of any bonus categories that align with your spending routines.
Take into consideration a balance transfer
If you are currently in debt on a high-interest credit card, think about transferring that balance to the travel credit card which has the introductory APR of 0% for balance transfer. This will allow you to pay off the debt without accruing interest, and also assist you in reaching the minimum spend for the credit card bonus.
Utilize your miles and points prudently
When you’ve earned a significant amount of points or miles Make sure to utilize them wisely. Review the rewards program for your credit card and compare the worth of various redemption options. For example you can use your points to book a ticket directly with the airline might give you a better value than using them for the purchase of a gift card.
Another option is to get an rewards card that permits you to transfer your reward points into other loyalty programmes. This allows you to get a wider selection of choices and more flexibility when making use of your rewards. For instance, you might be eligible to transfer your rewards to frequent flyer programs of airlines or Hotel rewards programme. This will give you access to a wider selection of hotels, flights, and other travel perks which are not offered through the rewards program on your credit card.
Also, determine if your credit card offers some perks that could save you money on travel-related expenses. Many cards offer travel insurance, rental car insurance, baggage protection, and other benefits that can be invaluable when you travel.
If you’re traveling with someone else each of you will be able to earn rewards using your own credit card. Make sure you don’t share the costs on the same card, and be sure to keep track of your rewards in a separate manner.
Overall, the key to reaping the maximum benefits from your rewards for travel is to be aware of your credit card’s rewards program and to ensure you’re using your credit card in the most effective method. Through all of the strategies I’ve listed, you’ll be able to earn rewards fast, exchange them for valuable travel experiences, and enjoy a wide assortment of travel-related perks.