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Personal Finance and Investing

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DJ Porkchop

(633 posts)
Tue Jan 16, 2024, 11:36 PM Jan 2024

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?

33 replies = new reply since forum marked as read
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My wife and I just paid off all our cards AZSkiffyGeek Jan 2024 #1
I'd be happy to show you what I've learned. DJ Porkchop Jan 2024 #9
Sounds like too much work to me and seems like it could affect your credit? walkingman Jan 2024 #2
While I don't encourage the practice, it wouldn't hurt credit if it is payed off every month. 3Hotdogs Jan 2024 #3
In my case I hadn't thought to buy stuff to make sure we got cashback AZSkiffyGeek Jan 2024 #4
Exactly. Now, what are you getting back for your loyalty? DJ Porkchop Jan 2024 #11
It can be a way to save tons of money NoRethugFriends Jan 2024 #6
+1 DJ Porkchop Jan 2024 #12
I travel fequently for work.... Happy Hoosier Jan 2024 #23
That's not really a fallacy, though... just bad decision making from some. Happy Hoosier Jan 2024 #21
Manufactured Spending! NoRethugFriends Jan 2024 #25
Doesn't hurt your credit at all NoRethugFriends Jan 2024 #5
The goal is to get your utilization down to 1%. DJ Porkchop Jan 2024 #13
My credit has improved as I've gone through this. DJ Porkchop Jan 2024 #10
Apparently does NOT hurt credit.... in fact, the opposite in the long term. Happy Hoosier Jan 2024 #19
I play this game a little unc70 Jan 2024 #7
TPG is a great resource. DJ Porkchop Jan 2024 #14
Admirals Club included with Platinum Pro, but not Platinum unc70 Jan 2024 #17
My home airport only has a Delta lounge.... Happy Hoosier Jan 2024 #22
My credit score is 730+ DJ Porkchop Jan 2024 #8
I'm following a similar path.... Happy Hoosier Jan 2024 #24
No. I do pay my credit card off every month. PoindexterOglethorpe Jan 2024 #15
I would love if everyone booked Business or First Class. DJ Porkchop Jan 2024 #16
Thank you. PoindexterOglethorpe Jan 2024 #18
Interesting you posted this.... Happy Hoosier Jan 2024 #20
I like the offerings from Chase best. DJ Porkchop Jan 2024 #29
A few years ago my auto insurance went up and the insurance company doc03 Jan 2024 #26
The comedian Kevin Hart is always hawking Submariner Jan 2024 #27
Cash back cards have been around since the 80's Happy Hoosier Feb 2024 #32
While I do this too, in a small way, there has been criticism of this system in the past, kelly1mm Jan 2024 #28
I get the criticism. DJ Porkchop Jan 2024 #30
I know. Guy that does the points game on a low salary... Happy Hoosier Feb 2024 #31
I go for cash back cards only RoadRunner Feb 2024 #33
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