OnPoint Community Credit Union Shares Budgeting Tips As Travelers Face Higher Summer Travel Costs (Photo) - 06/22/26
PORTLAND, Ore. — Americans aren't letting higher prices stop them from traveling this summer. Recent research from KPMG found that 60% of Americans plan to travel this summer, though nearly 40% are adjusting their plans by shortening trips, choosing more affordable destinations or staying closer to home. Those changes come as travel prices rose 9.8% year-over-year in May, according to the U.S. Travel Association’s May 2026 Travel Price Index, fueled by sharp increases in motor fuel (40.9%) and airfare (26.7%) costs.
OnPoint Community Credit Union is sharing practical budgeting tips to help local travelers make the most of their summer plans while keeping their finances on track.
“Higher travel costs are prompting many households to take a closer look at their vacation budgets,” said Amber Kelly, Oregon City branch manager, OnPoint Community Credit Union. “When you have a clear understanding of your budget and priorities, you can spend with confidence, focus on the experiences that matter most and return home knowing your finances are still on track.”
Below are OnPoint’s tips for helping people in Oregon and southwest Washington manage summer travel costs:
- Build a budget before booking. Estimate the full cost of transportation, lodging, food, activities, fees and tips before booking. Adding a 10% to 15% buffer can also help cover unexpected expenses without relying on credit. Consider creating a daily spending target for meals, activities and souvenirs to help keep costs on track throughout your trip.
- Plan food and activities in advance. Food, entertainment and last-minute purchases can quickly push a trip over budget, especially in tourist areas. Decide ahead of time where you want to spend, where you can save and which activities matter most. Lodging with a kitchen or refrigerator, packed snacks, grocery stops and free or lower-cost activities can all help stretch your travel budget.
- Compare the cost of flying vs. driving. Airfare increased 26.7% year-over-year in May, according to the U.S. Travel Association, but driving isn’t necessarily the cheaper option. As of June 22, 2026, AAA reported gas averaged $4.843 per gallon in Oregon and $5.349 in Washington — well above the national average of $3.92 per gallon. Compare the cost of each option before finalizing your plans, including airfare, gas, parking, baggage fees, rental cars, tolls, airport transfers and local transportation. Tracking flight prices over time with tools like Google’s 60‑day fare history can help you spot a low price.
- Avoid taking on vacation debt you cannot quickly repay. Credit cards can offer convenience, rewards and fraud protection, but carrying a balance can make a trip significantly more expensive after interest. Set a spending limit before you leave and consider using a dedicated savings account for travel expenses, so vacation costs do not follow you long after you return home. If you're using a rewards credit card, redeem existing points or miles to offset flights, hotel stays or other travel costs rather than adding to your balance.
- Protect your finances before and during travel. A little preparation can help travelers avoid stressful money issues on the road, including declined transactions, lost cards and unexpected fees. Set up card alerts, know how to freeze or replace a card, bring a backup payment method and check whether foreign transaction fees apply before traveling internationally. Consider storing digital copies of important travel documents in a secure location in case they are lost or stolen.
- Consider adjusting your plans. Recent travel surveys found many Americans are choosing more affordable destinations, shortening vacations or staying closer to home to make summer travel fit their budget. A regional trip, day trip or long weekend can often deliver many of the same benefits as a larger vacation at a fraction of the cost. Traveling during midweek or shifting your departure dates by a few days can also help reduce transportation and lodging expenses.
“Summer travel is about making memories with the people and experiences that matter most,” Kelly added. “A little planning can go a long way toward helping travelers make the most of their budget, enjoy their trip with confidence and return home feeling good about their financial decisions.”
OnPoint offers savings accounts, credit cards, digital banking tools and financial education resources to help members manage everyday expenses and plan for larger goals, including travel. For more information, visit onpointcu.com.
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About OnPoint Community Credit Union
OnPoint Community Credit Union is the largest credit union headquartered in Oregon, serving more than 648,000 members throughout Oregon and southwest Washington. Founded in 1932, OnPoint Community Credit Union’s membership is available to anyone who lives or works in one of 28 Oregon counties (Benton, Clackamas, Clatsop, Columbia, Coos, Crook, Curry, Deschutes, Douglas, Gilliam, Hood River, Jackson, Jefferson, Josephine, Klamath, Lane, Lincoln, Linn, Marion, Morrow, Multnomah, Polk, Sherman, Tillamook, Wasco, Washington, Wheeler and Yamhill) and who lives, works, worships, or attends school in one of four Washington counties (Clark, Cowlitz, Lewis, and Skamania), and their immediate family members. OnPoint Community Credit Union is federally insured by the National Credit Union Administration (NCUA). More information is available at onpointcu.com.
Federally insured by NCUA. Equal Housing Opportunity.
