Are you tired of spending an enormous amount on flights? Well, good news! Travel hacking is the answer to all your travel problems. It’s an exciting method to convert credit card sign-up bonuses and incentives into airline miles which you can use to obtain discounted or complimentary flights for your dream destinations. With a little bit of imagination and a little bit of insider information, you’ll travel for free in no time.
The Basics of Travel Hacking
Travel hacking is the art of exchanging credit card sign-up bonuses and rewards for airline miles. These miles can later be used to pay for discounted or even free flights. Some credit cards also allow you to redeem miles to pay for hotel stays or car rental deals.
How Does it Work?
The key to success in travel hacking is to take advantage of the credit card sign-up bonus and to establish a frequent flyer mile program on a select group of airlines. When it comes time to book a flight take a look at the price. If the cost is less than $300, it’s generally better to pay in cash and save your miles for a more expensive flight. If the prices start to rise above $500, you’ll want to check those frequent flyer accounts and see which airline can 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.
Begin by Getting Started with Travel Hacking
Are you ready to discover the secrets to hacking travel? First step opening an account with a sign-up offer. There are many great credit cards that provide various benefits and features. It is all dependent on the airline, spending habits and the features that are most essential to you.
Top Credit Card Picks
Here are a few credit cards that are perfect to hack travel
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
Once you’ve been approved for a credit or debit card, you’ll need to hit the spending limit for minimum expenditure in order to qualify for the bonus. Every card has different rules, so be sure to look up the details. From there you can begin to rack miles and using them to plan your dream vacation!
Ready to jet-set with your goals?
Once you’ve accumulated the points balance, it’s time to cash them in for some delicious getaway! Different credit card companies have different methods of redeeming your points, but here are some examples from some of the ones I have experience with:
Take a trip by using Chase Ultimate Rewards
If you have a Chase cards, you can redeem your points via the Ultimate Rewards portal. Through this portal you’ll get access to virtually every airline and you can combine points and cash to pay for your trip. You can even book entirely using points if you’ve got enough balance! Sometimes, even if you don’t have enough points to cover the full cost, you are able to buy flights with Chase Ultimate Rewards portal and pay the balance in cash using any credit card.
Are you fed up of paying full price for flights? Did you realize that when booking directly through United, you have the option of paying using dollars or points? But, be careful, if you don’t have enough points you cannot combine points and dollars for the same flight. Don’t worry, though, if you’re only a couple of point short United gives you the possibility of purchasing additional miles.
Are you looking for a domestic flight? You should look no further than JetBlue! JetBlue provides passengers a relaxing and pleasant flight experience , with more legroom and free snacks. In addition, their booking procedure is similar to United’s which allows you to book with either JetBlue either dollars or points, but not both. The difference is that JetBlue offers a distinct feature that allows you to pool your points together with your relatives to earn points twice as fast. Just make sure you can prove you’re really family before trying to hack the system.
Make sure you spend that minimum amount
If you’re like me and my travel companion Becca I’m sure you’re pretty thrifty and it’s daunting to try to spend thousands of dollars to reach the minimum spend for a credit card bonus. But don’t fret, we’ve been through it 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 a credit card, do it! Make sure you be charged a fee, typically at least 3%. It could be worthwhile in the long run when the bonus is large enough.
Make a payment on a medical expense
Another way to reach the required spending is to cover an medical bill. If you do not have any medical expenses due, ask your relatives if you could pay them for theirs, and they’ll pay you back.
Make a payment to pay off a loan
If you’re in the middle of a loan, consider repaying them using the credit card you have. Just make sure you pay the credit card balance completely so that you don’t end up with additional debt.
Ask your family members for help
Talk to your family and look into any major expenses in the near future that you can help pay for. Be sure to be sure that you’re able to trust the person and they understand why you’re doing this.
If it’s the holiday season you should consider purchasing all of your gifts with cards from your credit account. This way you can meet the minimum spending limit and also be ready to give gifts. Be sure to avoid paying more than you already thinking of.
There are a lot of ways to make the most out of using your credit or debit card for travel and accrue points or miles to spend on flights or other travel-related expenses. Here are some additional ideas for maximizing your rewards
Make travel reservations using your credit card
Whenever you’re planning a vacation, make use of you travel credit card to book your flight, hotel or rental car, as well as any other travel expenses. In addition, you’ll be able to meet the minimum spend for your credit card as well, but you’ll also earn points or miles on those expenditures.
Make use of your credit card to pay to pay for your everyday expenses
Another way to hit the minimum spending requirement to earn rewards is making use of your credit card for every day expenses. This could be things like gas, groceries, and even your phone bill. Be sure to pay the balance off in full each month so you don’t accumulate interest.
Benefit from bonus categories
Many travel credit cards offer bonus points or miles for certain types of purchases, like dining or travel. Be sure to review your credit card’s rewards program and take advantage of any bonus categories that match with your spending routines.
Take into consideration the possibility of transferring your balance
If you have existing debt on a high-interest credit card, think about transferring that balance onto an account with a travel credit card that has the introductory APR of 0% for balance transfer. This will let you pay off your debt without accruing interest, and also help you hit the minimum spending requirement for the credit card’s bonus.
Make use of your miles or points prudently
Once you’ve accumulated a substantial amount of miles or points Make sure to utilize them wisely. Check out the rewards program on your credit card and then compare the benefits of different redemption options. For example using points to book a ticket directly through the airline may provide you with a greater value than using them to purchase the purchase of a gift card.
Another tip is to use 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 in redeeming your rewards. For instance, you might be capable of transferring your rewards to frequent flyer programs of airlines or reward program for hotels. This can give you access to a larger selection of hotels, flights as well as other travel perks that may not be available through the rewards program on your credit card.
Also, discover the card’s benefits. certain benefits that will help you save money on travel expenses. Many cards offer travel insurance as well as rental car insurance baggage protection and other benefits that could be very beneficial when traveling.
When you travel with a companion and both of you get rewards on your own credit card. Be aware that you cannot divide the cost with the same card, and be sure to track the rewards you earn separately.
Overall, the key to making the most of your travel rewards is to understand your credit card’s rewards program and to ensure you’re using your credit card in the most effective method possible. Utilizing a combination of the strategies I’ve listed in this article, you’ll be able earn rewards quickly, redeem rewards for valuable travel experiences, and enjoy a wide variety of travel benefits.