Are you tired of spending a fortune on airfare? Well, good news! Travel hacking can be the solution to all your travel problems. It’s an exciting way to convert credit card bonus and sign-up incentives into miles which can be used to get discounted or even cheap flights from your dream destinations. With a little bit of imagination and a little bit of insider knowledge, you can be jet-setting for free within a matter of minutes.
The Basics of Travel Hacking
Travel hacking is about exchanging credit card sign-up bonuses and rewards for airline miles. These miles can later be used to pay for discount or no-cost flights. Certain credit cards will also permit you to use miles to pay for hotel stays or rental car discounts.
How Does it Work?
The secret to success in travel hacking is to take advantage of the credit card sign-up bonus and building out frequent flyer miles for a specific group of airlines. When you are ready to book a flight, evaluate the cost. If the cost is less than $300, it’s usually better to pay cash and use your miles to pay for a more expensive flight. If the prices start to rise over $500, you’ll need to check those frequent flyer accounts to see which airline can give you the best deal. All it boils down to is the number of points or miles you have you have in your travel savings account for each airline.
Begin by Getting Started with Travel Hacking
Ready to learn the secrets to hacking travel? The first step is opening an account with a sign-up offer. There are many great credit cards with a variety of features and benefits. It all depends on your preferred airline, spending habits and what features are essential to you.
Top Credit Card Picks
Here are a few credit card options that can be great to hack travel
- 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 minimum spend limit in order to receive the bonus. Every credit card has its own set of rules, so make certain to verify this information. Then, it’s all about racking up miles and using them to plan your dream trip!
Are you ready to go on a jet-setting with your ideas?
Now that you’ve built up the points balance, it’s time to redeem them for some nice getaway! Different credit card companies have different methods for redeeming your points. Here are a few examples from some of the ones I have experience with:
Getaway through Chase Ultimate Reward
If you own a Chase cards, you are able to use your points to redeem them through the Ultimate Rewards portal. In this portal you’ll have access to almost every airline, and you can make use of a combination of points and cash to pay for your trip. You can even book completely on points if you have enough balance! Sometimes even if you do not have enough points to cover the entire price, you can book flights using the Chase Ultimate Rewards portal and pay the balance in cash with every credit card.
Are you tired of paying the full cost for your flights? Did you know that when you book directly through United you can choose the option of paying with either points or dollars? Butbe aware, if you don’t have enough points, you can’t combine points and dollars on the same flight. If you’re only a couple of points away, United provides the option to purchase additional miles.
Looking for a domestic flight? Take a look at JetBlue! JetBlue offers passengers a relaxing and pleasant flight experience with extra legroom as well as free snacks. In addition, their booking procedure is like United’s which allows customers to book using either JetBlue points or dollars however, not both. But, JetBlue offers a distinct feature that lets you join your points with your relatives to earn points twice as fast. Make sure to 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 buddy Becca You’re probably quite frugal and it can be difficult to think of spending thousands of dollars to hit the required amount to qualify for credit card bonuses. Don’t worry as we’ve done it and are here to share some of our tips and tricks.
Pay your rent (if you can)
This is a huge one! If you’re able to pay for your rent using credit card, then do it! Make sure you pay a fee, usually about 3 percent. It could be worthwhile in the end when the bonus is large enough.
Make a payment on a medical expense
Another great way to hit the spending limit is to pay for the medical bills. If you don’t have any medical bills due Ask your family members if you can pay for theirs and they will reimburse you.
Repay the loan
If you’re in the middle of a loan take into consideration paying them off with the credit card you have. Just make sure you pay off the balance on your credit card in full so you don’t end up with more debt.
Ask your family members for help
Discuss your family with them and determine if they’ve got any major expenses in the near future that you can contribute for. Just make sure you trust the person and they understand why you’re doing it.
If you’re celebrating the holidays you should consider purchasing all your gifts with cards from your credit account. So you’ll be able to hit that minimum spend and also be prepared for gift giving. Just make sure you’re not spending more than you were already planning to.
There are plenty of methods to get the most of using your credit or debit card for travel. earn miles or points to spend on flights or other travel-related expenses. Here are some additional suggestions for maximising the rewards you earn:
Book travel expenses with your credit card
When you’re planning your next trip, make use of the travel credit card to book your hotel, flight or rental car, as well as any other travel expenses. You’ll not only achieve the minimum spend to earn your credit card bonus and earn points, but you’ll also earn points or miles to cover those expenditures.
Use your credit card for all your daily costs
Another way to hit the minimum spend in order to accumulate points by utilising your credit cards to pay for every day expenses. This can include items like groceries, gas and even your telephone bill. Make sure you pay the balance off in full every month to ensure you don’t accumulate interest.
Make the most of bonus categories
Many travel credit cards offer miles or points in exchange for specific types of purchases, including eating out or traveling. Make sure you review the rewards program of your credit card and make use of any bonus categories that align with your spending routines.
Consider the possibility of transferring your balance
If you are currently in debt on a credit card, consider transferring that balance onto a travel credit card with the introductory APR of 0% for balance transfer. This will enable you to pay off your debts without accruing interest, and also aid in achieving the minimum spending requirement for the credit card’s bonus.
Utilize your miles and points carefully
When you’ve earned a significant amount of points or miles make sure you use them wisely. Review the rewards program for your credit card and compare the worth of various redemption options. For example using points to book a ticket directly through the airline may offer better value than using them for the purchase of a gift card.
Another option is to get a rewards card that allows you to transfer points to other loyalty programs. This will allow you to enjoy a greater variety of options and greater freedom when it comes to making use of your rewards. For example, you may be capable of transferring your reward to the frequent flyer program of an airline or Hotel rewards programme. This gives you access to a wider variety of hotels, flights and other travel benefits that aren’t offered through the rewards program of your credit card.
Also, determine whether your credit card has some perks that could save you money on travel-related expenses. A lot of credit cards provide travel insurance and rental car insurance, baggage protection and other benefits that are extremely valuable when you’re traveling.
If you’re traveling with someone else and both of you earn rewards with your credit card. Be aware that you cannot share the costs on the same card, and be sure to 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 of your credit card and make sure you’re making use of it in the most effective method. By using an array of strategies I’ve listed in this article, you’ll be able get rewards in a short time, use them for valuable travel experiences and benefit from a wide range of travel perks.