Personal Finance and Investing
Showing Original Post only (View all)Anybody here into credit card churning? [View all]
This is an excellent way to make massive free points for travel by signing up for premium credit cards.
Make no mistake, there is no debt here. This game is for those who pay off their cards in full every month.
The travel benefits are out of this world, because points can be leveraged through travel partners.
This is not using cashback cards for 1% returns. ROI can hit 4-5x for the best at the game.
I don't travel that much, but I would like to, if it was free. So far, I applied for three cards last year, flew domestically for free, incurred a total of $259 in annual fees, and still have 150,000 points to burn. There are many threads on Reddit and FICO boards, zillions of YT videos, and I like the action. I turned my mother onto it, and now she is booking a flight to Europe (for a Reine cruise with a friend) for $0.
I used to have sucky credit. But by staying out of the game, it healed. Now I have five cards total, with a credit limit of almost $40,000. I used to have a credit score that sucked, but now I am "qualified". Game on!
Anyone else?