Money-saving travel hacks that 'really pay off'

NAB data shows 50 per cent of Aussies who are putting money aside are saving for a holiday, prioritising excitement and adventure despite the cost of living.

Aussies returned from almost 11 million trips abroad in 2023-24, up 32 per cent on the previous year, proving travel is top of mind for many.

We have pulled together the top tips from experts on how to save money while on holiday, so you can enjoy more and spend less.

Australian Frequent Flyer editor Matt Graham said he uses Google Flights' flexible date calendar to see if it's cheaper to fly a day earlier or later and to work out if it's cheaper to fly to a nearby airport.

"For example, I was recently searching for flights to Helsinki and expanded my search to also include Tallinn. I found a flight to Tallinn that was hundreds of dollars cheaper, so booked that and just took the ferry across from there to Helsinki - which was a very pleasant two-hour trip and cost around $30," Mr Graham said.

Go out of your way to earn points by taking "full advantage of credit card sign-up offers", Mr Graham advised.

"But it really pays off, as I typically use my points to book many thousands of dollars worth of flights each year," he said.

Read more tips here about how to maximise your points.

"I often book flexible hotel rates in advance, then check the prices again around a week before I'm due to arrive at the destination," Mr Graham said.

"Often, outside of peak periods, hotels drop their room rates closer to the date if they still have lots of rooms to sell. With a flexible booking, I can cancel my existing reservation at no cost and then re-book at the lower price."

This is a no brainer, but public transport is cheaper than taxis.

"In many cities, you can take a train directly from the airport to the city for just a few dollars - and save lots of money in the process," Mr Graham said.

"I also enjoy using public transport as you get a better "feel" for the city, and get a chance to blend in with the locals for a bit.

Seine River Cruises said staying in well-known cities can drive up your travel costs, so consider alternatives like Lille instead of Paris for a more affordable yet charming experience.

"These hidden gems offer lower accommodation and dining costs, helping you stretch your budget," they said.

Savings.com.au advised getting a travel credit if you are going on a holiday overseas.

"Using your regular debit or credit card will likely come with currency conversion fees and international transaction fees. To simplify this, a travel credit card can come in handy."

Some also offer perks like cheap travel insurance and airport lounge access.

If this is not for you, look into a travel money card.

"Though it won't come with the same perks as a credit card, you can only spend the money you put on there which may be helpful if you're known to overspend," Savings.com.au said.

Swoosh Finance recommends saving money on the first meal of the day can make a meaningful difference to your bottom line.

"Go out on the first day and buy some food for a cheap breakfast in your hotel room and then go out and spend the money on a nice lunch. Just because you're on holiday doesn't mean you have to go out to a restaurant for every meal," they said.