When planning a vacation, it's easy to focus on big-ticket items: the flights, hotels, experiences, and nights out to eat.
However, there are plenty of other travel costs that are a lot less obvious but can really add up. Even if you use one of the best travel credit cards, these extra expenses can make future trips less feasible.
Expert travelers cut (or minimized) these expenses years ago — it's how they keep traveling. And you can on your next trip, too.
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Taxi and rideshare costs
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Part of the budgeting process should include transportation — not just to your destination but also to other excursions where you might need to take a cab, Uber, or Lyft.
Savvy travelers know that taking public transportation is likely the most affordable option when it's available. To avoid exorbitant rideshare costs, familiarize yourself with your destination's public transit systems and chart your routes.
Extra snacks and drinks
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If you're heading to a hot tourist destination, the price of food — including on-the-go drinks and snacks — is likely to be high.
Savvy travelers save money by packing snacks or looking for cheap places off the beaten path. You might find some cheap grub just a short walk away from areas tourists frequent.
Frequent-flyer booking fees
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Enrolling in frequent-flyer programs is a great way to save money, but there are occasions when travelers still have to pay certain fees just to use their miles.
For example, you might be charged a "redemption fee." Policies vary from airline to airline, so double-check before using miles to book.
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There's a credit card that's making waves with its amazing bonus and benefits. The Bank of America® Travel Rewards credit card has no annual fee and you can earn 25,000 bonus points after spending $1,000 in purchases in the first 90 days of account opening.
You can earn additional points just by using this card for your everyday purchases — unlimited 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center and 1.5 points per $1 spent on all purchases. The 25,000 bonus points can be redeemed for a $250 statement credit toward travel or dining purchases.
If you want to travel and dine out more, the Travel Rewards card can help you get where you want to go.
The best part? There's no annual fee.
Hotel and airport parking fees
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Some hotels allow guests to park for free, but others charge a fee to leave their car in the lot. Check the hotel's website beforehand to get an idea of what the daily parking fee is.
If you plan to drive to and leave your car at the airport, expect parking fees there too. Be sure to crunch the numbers; it might be less expensive to take a cab or public transit to and from the airport.
Airbnb cleaning fees
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If you opt for an Airbnb over a hotel, have a firm understanding of additional fees that might be tacked on.
The benefit of hotels over Airbnb is that hotels tend to include cleaning services in the price of the room. Airbnb hosts often choose to charge additional cleaning fees, even if they ask guests to tidy up.
Luckily, Airbnb now includes all fees in the listed price. Choose your accommodations wisely.
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Checked or overweight baggage fees
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Many travelers jump at a bargain flight deal, only to find that they also owe carry-on or checked-bag fees.
Make sure you're clear on the carry-on, checked bag, and oversized luggage policy when you're booking an airline ticket. These extra baggage fees can add up quickly.
To avoid the fees entirely, pack lightly and efficiently. Many accommodations will offer laundry services that, if they cost anything, are likely more affordable than airline fees.
ATM fees
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You may owe a fee if you withdraw money from an ATM that's not associated with your bank. Foreign transaction fees also can be common while traveling abroad.
If you're traveling for an extended period and run out of cash, make one large cash withdrawal to avoid repeated fees — both at the ATM and the checkout counter (if you're in another country).
Currency exchange fees
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Avoid converting currency at the airport at all costs. Airports and exchange counters in high-tourist areas tend to charge hefty fees when exchanging currency.
Instead, see if you can exchange currency at your bank before heading out on vacation. It's wise to add this task to your to-do list in the weeks before a big trip in case your bank needs to order the currency.
Cell phone fees
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Check your cell phone provider's rates for international travel. This is another money-waster that many travelers tend to overlook when planning a trip.
If the price is a bit hefty, purchase a prepaid global SIM card before traveling. Since the cards are prepaid, you know you won't be going over budget.
Get a protection plan on all your appliances
Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more.
Whether or not you’re a new homeowner, a home warranty from Choice Home Warranty could pick up the slack where insurance falls short and protect you against surprise expenses. If a covered system in your home breaks, you can call their hotline 24/7 to get it repaired.
For a limited time, you can get your first month free with a Single Payment home warranty plan.
Eating and drinking at the airport
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Airport shops are notoriously overpriced, no matter what you're buying. Financially savvy travelers know to bring snacks to avoid eating in the airport if possible.
When you do need to buy food or drinks at the airport, keep things simple. Remember, items such as alcoholic drinks are especially costly.
Departure fees
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Some countries actually charge visitors a "departure fee" before they leave. These fees vary a great deal and may even change based on the airport you fly out of.
This expense is unavoidable, but make sure to look into your destination's traveler fees before booking. You don't want to get caught with too little funds at the end of your journey.
Of course, if you minimized the previous expenses, you shouldn't have to worry about coming up short.
Wi-Fi fees
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Many hotels offer free Wi-Fi, but travelers should never assume anything is included unless it is explicitly stated.
There may be an additional fee for Wi-Fi inside the hotel room, for example. If this is the case, local coffee shops or libraries could be solid free options.
Bottom line
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To make the most of your travel budget, make sure you plan ahead, book hotels with the amenities you need, and watch for hidden airline and airport fees.
Smart vacation planning involves considering the oft-forgotten costs of traveling. Doing this can help you stay out of debt as you enjoy your time away.
Easy-to-Earn Unlimited Rewards
Benefits
Card Details
- $0 annual fee
- Simple, flat-rate rewards
- Flexible redemption options
- Up to 75% Bank of America Preferred Rewards® bonus potential
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- 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases.
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- Earn 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center.
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- Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. Balance transfers may not be used to pay any account provided by Bank of America.
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on Bank of America’s secure website
Read Card ReviewIntro Offer
Earn 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
Annual Fee
$0
Why we like it
The Bank of America® Travel Rewards credit card is great for individuals who enjoy earning rewards and traveling.
Cardholders will enjoy the flexibility to redeem points with no blackout dates and receive a statement credit to pay for travel and dining purchases.
Earn 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center and 1.5 points per $1 spent on all purchases.
- Apply Now
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