Article overview and key takeaways to begin your journey, please read through this as well as the full Forbes article!
https://www.forbes.com/advisor/credit-cards/travel-rewards/travel-hacking/
How Do I Start Travel Hacking?
1. Check Your Credit Score
2. Understand Credit Card Rules
Banks have different rules about how many cards you can open within a certain time period.
For example, Chase’s 5/24 rule limits you to five new credit cards in the past 24 months from any bank.
3. Learn Loyalty Programs
Each airline or hotel has its own loyalty program with unique benefits.The more you know about loyalty programs and their sweet spots (the best times and ways to redeem points), the better deals you’ll get.
Key takeaway Tips
1. Pay Off Balances in Full
2. Don’t Overspend to Meet Bonuses
3. Track Your Cards
4. Be Flexible
Best Credit Cards for Travel Hacking
For beginners, it’s wise to start with flexible credit cards that allow you to transfer points to various travel programs. Here are some top choices:
Chase Sapphire Preferred®: Great for flexible travel rewards with a low annual fee.
American Express® Gold Card: Known for its valuable point bonuses on dining and groceries.
Capital One Venture Rewards Card: Offers easy-to-redeem miles for a variety of travel expenses.
