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Credit Card Churning: How to Make FREE MONEY Using Credit Card Sign Up Bonuses

Updated: Dec 2, 2019

How to Take Advantage of Credit Card Churning!!! FREE MONEY and Better Credit!

FREE Money and There's MORE?!...Seriously

Here's the thing, you have to pay for rent and gas anyway so might as well get paid to do it. That's right. You heard me correctly. And if that wasn't enough, you can also increase your credit score all the while and here's how.

Credit Card Churning

Credit card churning is the process of taking advantage of credit card sign up offers by using new credit cards continually. For example, there are many cards that we will discuss in a moment that allow you to receive a free $150 for spending $500 within the first 3 months. For those who love travel you can take advantage of travel points in the same way. The cool part is that not only will you receive the cash bonus but it also a way to add adversity to your credit card arsenal. Say you had two credit cards taking advantage of credit card churning and one paid 3% on groceries and one paid 3% on gas. You can use both of them to stretch your cash back as far as you can.


Starting with our favorite, the Chase Freedom card is a wonderful example and great accessory for your personal finance arsenal. You will earn $150 if you make $500 worth of purchases in your first 3 months. You also can receive an unparalleled 5% cash back on revolving categories(1% on all else). And on top of that you can also refer people and make $50 per person that signs up. And the cherry on top: No annual fee. Get yours today! Earn $200 bonus with Chase Freedom. I can be rewarded too if you apply here and are approved for the card. Learn more.


This card is a great all-around credit card. After spending $500 in your first 90 days you will be rewarded with $150 dollars. This card is unique in that you can select a category, like gas, that will receive 3% cash back, 2% on groceries, 1% on all else which is no issue if you have other cards.


Rewards you with $150 after spending $500 in your first 90 days. You will receive 3% on U.S. supermarkets, 2% on gas, and 1% on everything else. Between holding this card and the Bank of America Cash Rewards you'll be covering 3% cash back on your essential gas and groceries.


Receive $150 after spending $2,500 in 3 months of activating an account. This card also yields 1.5% cash back on all purchases with no foreign transaction fees. Also, you can expect to see a 10% bonus rewards of all your rewards made every year on the anniversary of your account every year.


The Quicksilver Rewards offers $150 for spending $500 in the first 3 months with a $0 annual fee. However, this card offers 1.5% percent on all purchases which makes a nice extra cash return when hitting your $500 mark. They even have a referral bonus for you to share the love!


For those you think they swing spending a little more in 90 days the Wells Fargo Cash Wise Card might be for you. You will receive $200 after spending $1,000 in the first 3 months. You will also receive 1.5% cash back with a $0 annual fee. It also has a couple of other offer items like phone protection that might appeal to you.


Although not as spectacular as some of the other offers the American Express Cash Magnet will yield you $150 for spending $1,000 after the first 3 months. You will receive 1.5% on all purchases.

Opportunity Cost

Really the only opportunity cost here is the time it takes for you to look for deals, sign up, and manage the accounts. Mint and other great apps can help you manage them with ease by automatically updating your accounts and tracking them.

Author's Notes

The risks are that with more credit cards you have more of a risk of fraud however if anything bad really happens you will be covered by the credit card companies. Additionally, the way that credit cards can offer incentives like this is because they bank on you purchasing an extra amount to get to your sign up bonus threshold outside of what you would have paid otherwise (also for the traffic from competitors). Please please please avoid spending more money just to reach the threshold unless it makes financial sense. And finally the last thing I need to mention is that applying for a credit card also does an inquiry on your credit score and will lower it (not to worry though the score gains in strength over time, by opening an account, and lowering your debt utilization ratio anyway) so it's best to space out getting credit cards.

As always, please read the credit card terms and conditions. They might change from when this article was written.

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