Planning a vacation can be tricky, not to mention expensive, but if you are only getting away once or twice a year, you really want to make it worth your while. This is what makes planning international vacations under $500 so appealing – it means you get to see more of the world, without putting yourself out of pocket. If you don’t believe that you can plan such a trip on such a small budget, think again – we have everything you need to know to book that next big international journey on a tight budget.

All you need to do now is start thinking about what you’re going to wear when you find yourself on an exotic beach. Simply read our handy guide of questions and answers to make the best decision.

What Are Travel Rewards?

If you’re an avid travel, you can’t do without travel rewards. Travel rewards are usually a type of perk offered on certain credit cards. These cards work for you while you’re simply living your life.

While you’re spending as you usually would, you are also gathering travel points that you can later transfer for flights, accommodation and even cash.

Do All Rewards Programs Offer The Same Benefits?

No, some credit card companies work in conjunction with certain airlines, so you’ll automatically get better benefits by opting for these types of cards.

If you prefer flying with a specific airline, just make sure you’re aware of the companies they have aligned themselves with – that will make choosing a rewards program much simpler.

How Can I Redeem Points for Accommodation?

Many credit cards allow you to actually swap points for accommodation, making it easier to book international vacations under $500. Before you choose a card, you might want to look for one that offers a large signup bonus, like the Premium Rewards card from Bank of America.

You’ll also get the option of redeeming these points at a fixed rate, so that you can then use them for purchases made on your travels.

What Types Of Accommodations Can I Choose From?

When it comes to redeeming your points and using them for accommodation, this doesn’t mean that you’ll be limited in terms of the options you can choose from.

When you opt for points redeemed at a fixed rate, it allows you to choose from a wide range of rentals, including Airbnb, hotels and more.

Why Choose a Hotel Credit Card?

Did you know that there are credit cards specially designed for hotel stays? This type of card usually comes with a nice sign-up bonus, which you can then redeem for a hotel stay.

This means that all you need to do is purchase your flights and you’ll be well on your way to enjoying a budget friendly vacation. Some of the most popular hotel credit cards include the World of Hyatt card.

What Else Can I Use Points for?

Credit card reward points can be used for a wide range of purchases, not just accommodation and flights.

You can purchase bus and train tickets, as well as travel via Lyft and Uber.

How Long Will It Take To Save Up Enough Points For A Trip?

The length of time it will take to save enough for a trip will depend on whether you take advantage of sign up bonuses, as well as how much you utilize your credit card.

For those who use their cards on a fairly regular basis and take advantage of the signup bonuses offered out, they’ll likely be able to save up for one of the many exciting international vacations under 500 in around 6 months or less.

What About Airline Fees?

When booking a flight through an airline, you need to keep in mind that sometimes, the fees can be quite high and this could impact whether your total remains under $500 or not.

Not all airlines charge the same fees, however, so keep a note of the airlines – such as Iberian Airlines – that tend to have higher fees. This doesn’t mean you should avoid them, but it is something to consider when you’re choosing your credit card rewards program.

Why Should I Travel During the Off Season?

It might be tempting to book an international getaway during the height of summer when beaches are set to be packed with travelers, but this could end up greatly increasing the cost of the journey. Airlines and hotels tend to hike up their prices at these times, so you’ll end up paying twice or three times as much for the same journey.

Booking a ticket even a few days outside of the peak season can make a huge difference to the cost of your trip.

What Are The Benefits Of Traveling To Lesser Known Locations?

While you might want to head straight to the beaches of Mexico or Thailand, travelling to lesser known locations means you’ll benefit from being able to fly to some thrilling locations at a fraction of the cost.

Airlines charge for more flights to very popular destinations because they’re aware travelers are willing to pay these prices but you don’t need follow their lead. Locations such as Coco Kai Beach in the Cayman Islands offer pristine beaches and all-inclusive resorts at a fraction of the cost of more traditional holiday options.

Is Groupon Worth A Look?

Groupon often has all-inclusive international vacations under $500, so make sure you keep your eye on them so you can take advantage of a great deal when it comes up.