WalterW
WalterW
Joined: Dec 29, 2018
  • Threads: 11
  • Posts: 41
January 20th, 2019 at 7:11:02 PM permalink
I think credit card bonus hunting/churning is a good one.

America has the most competitive credit card market, so credit card bonuses are the most lucrative comparing to other countries. If a person applies for one credit card each month, it takes forever to get all the bonuses.
Constantly getting a 20% edge(50,000 UR pts after $4000 spending in 3 months) with new cards is fairly easy(Apply the card > Call reconsideration # > Plastiq/visa gift card manufacture spending).
Moreover, it's much less likely to get barred. Unlike online casinos, credit card companies are gigantic fortune 500s. People openly talk about churning while opportunities still exist.

Most importantly, it's a great combination for AP lifestyle.
APs are constantly traveling, credit card bonuses are best spent on travel. Some of my 9 to 5 friends accumulated too many points that can't be spent efficiently due to not enough vacation time.
With an AP brain, it's easier to calculate credit card point transfer/redemption.

I can't make a lot of money on credit card churning, but it allows me to reduce my traveling expense to zero, which is more than good enough for the little effort and time spent.

Other than casino AP and a regular day job, what are your methods of making easy money?
Let's all share something if it's not secretive that cause bad competition, then we can all be a little richer.
Boz
Boz
Joined: Sep 22, 2011
  • Threads: 154
  • Posts: 5701
January 20th, 2019 at 7:40:54 PM permalink
Lots of checking account offers out there right now for an easy $200 to $500 per new account. Most require a minimum direct deposit of a certain amount in 3 months. For those with access to a paycheck, retirement account withdraw or another way to get one itís easy money. Depending on how many sources you have, you can have 2 going every 4 months.

Be sure to link another account you plan to keep at another bank for easy transfer out and closure once the bonus is paid. Many of these are available online from major national and regional banks, along with smaller local ones.
MaxPen
MaxPen
Joined: Feb 4, 2015
  • Threads: 13
  • Posts: 3634
January 20th, 2019 at 7:45:46 PM permalink
I've been getting Savings account offers 500 bonus+interest for 50K 3months and other stuff like that.
WalterW
WalterW
Joined: Dec 29, 2018
  • Threads: 11
  • Posts: 41
January 20th, 2019 at 8:17:04 PM permalink
I always prefer points over cash because no tax payment is needed for points.
$500(before tax)/50K=1%
1% return in 3 months is not lucrative, but it's less work, no MS needed.

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