Don’t worry, you don’t have to do all of that to travel first class for free (or for cheap, anyway). You can get your feet wet very, very simply. Here’s the formula:
STEP 1: Sign up for the credit cards with the best sign-up bonuses to earn points (for hotels) and miles (for flights)
STEP 2: Meet minimum spend requirements (if any) for each card (and make sure to pay each card’s bill, in full, every month)
STEP 3: Book travel and enjoy your trip!
STEP 4: Cancel credit cards after a year (when you receive a bill for the annual fee)
Yep, that’s it. That’s all there is to it. Well, not really. You probably have lots of questions such as: which credit cards should I get? Won’t this hurt my credit rating? Shouldn’t I cancel my cards as soon as I get the sign up bonus? How can I meet the minimum spend requirements? How do I find available award seats?
Well, you are inquisitive aren’t you?
Luckily, some awesome bloggers have already answered these questions:
· For a list of the credit cards with the best bonuses, read: http://thepointsguy.com/top-deals/
· If you’re worried about your credit score, read: http://thepointsguy.com/2011/06/understanding-how-your-credit-score-works/
· For how to meet your minimum spend, read:
http://www.frugaltravelguy.com/2010/09/meeting-minimum-spend-on-credit-cards.html or http://boardingarea.com/blogs/viewfromthewing/2011/07/24/using-amex-gift-cards-to-the-meet-minimum-spend-requirements-for-credit-card-signup-bonuses/
· For advice on how to find available award seats, try View from the Wing. Note that you’ll need to find a blog post that matches the airline you have miles for. For example, if you have lots of Delta miles, read this: http://boardingarea.com/blogs/viewfromthewing/2011/02/06/how-to-use-delta-skymiles-to-book-international-premium-class-awards/