Tips for traveling to Iceland on a budget, plus gear approved by travel experts

Need some summer holidays any ideas that won't break the bank? “Good Morning America” ​​heads to Iceland and prepares expert tips to help you create the perfect travel bucket list on a budget.

From free swims in hot springs to the stunning Seljalandsfoss waterfall, ABC News' Ashan Singh explored the Nordic island nation and shared the best ways to enjoy every step of the trip without spending too much.

“Iceland is a great deal from the Boston area in particular — flights are only about five hours each way — you could spend a long weekend there and still enjoy a trip full of action,” Eric Rosen, director of travel content for The Points Guy, told “GMA.”

TPG has seen deals as low as $400 and for travelers who don't care where they sit on the plane, some fares go as low as $230.

When it comes to hotels, Rosen offered another simple tip: Spend now with credit cards from brands like Hilton or Marriott that, once you reach the spending threshold, offer significant bonus points.

“Hilton cards, for example, typically offer between 130 and 180,000 points as part of their bonus,” he said. “And that will be enough for two, maybe three nights in some of these hotels in Reykjavik. And that could be your entire trip there.”

Activities in Iceland on a budget

Experience the city's culture with the Reykjavík City Card, which gives visitors free access to several museums, art galleries, swimming pools and even bus transportation.

Do you like to come home with a trendy souvenir? The local knitwear is typically Icelandic, but with handmade sweaters costing up to $500, Singh sought out thrift store Extraloppan to purchase a sweater for just $50.

Rent a car. Singh found deals for as little as $86 per day.

Save on a more extravagant meal by finding a deal through the Dineout Iceland app, which, for a small fee, offers discounts across the land of fire and ice.

Looking for a cheap and quick local bite? Try a roadside hot dog for just $4.

Visit free national parks and see sights like waterfalls and geysers, but Singh suggests skipping the Blue Lagoon, which can cost $350 for a family of four, and opting instead for a dip in a hot spring free local.

Expert-Recommended Travel Gear

REI Co-op Trailmade Pants – Men's

REI Co-op Trailmade Pants – Women's

Men's Trail Model 4 Hiking Shoes

Women's Trail Model 4 Hiking Shoes

Michael Josh Large Outdoor Picnic Blanket

CeraVe Moisturizing Mineral Facial Sunscreen Lotion SPF 50 for All Skin Types, 2.5 fl oz

Aveeno Baby Face and Body Gel-Cream for Children's Sensitive Skin with Prebiotic Oatmeal, Clinically Proven 24-Hour Hydration for Soft Skin, Quick-Drying and Lightweight, Hypoallergenic, 8 oz

Trailmade Waterproof Coat – Men's

Trailmade Waterproof Coat – Women's

EPICKA Universal Travel Adapter an International Wall Charger AC Outlet Adapter with 5.6A Smart Power Supply and 3.0A USB Type-C for US, EU, UK and Australia (TA- 105, gray)

4K 20MP Action Camera 40M Sports Camera Volg Waterproof Underwater Camera WIFI Video Camera Wide Angle Helmet Camera EIS Stabilization Dual Microphone

Anker Nano Power Bank with integrated foldable USB-C connector

4Monster Super Absorbent Camping Towels

Vapur flexible and collapsible wide-mouth anti-bottle with removable carabiner

THE NORTH FACE Etip Insulated Apex Gloves – Men's

Indoor Bed Tent with Instant Privacy for Sleeping, Quick Setup Bed Canopies, Portable Bed Curtains with Large Space and 3 Doors (Black, Double)

Manta Sleep Mask – 100% Light Blocking Eye Mask, Zero Eye Pressure, Comfortable Adjustable Sleep Mask for Women and Men, Perfect Blindfold for Sleep/Travel/Nap/Shift Work

Lonely Planet Iceland (Travel Guide)