Our free credit card tracker spreadsheet will help you monitor your spending, credit score and rewards points balances. Continue Reading
Coffee can be expensive. Especially now that coffees can cost between $4-$5 per order. Those cold brew nitros can really add up. Thankfully, there are a number of cards that offer attractive cashback for buying coffee. Here are the best credit cards for coffee lovers. Continue Reading
Using credits cards as a form of passive income is a fantastic idea. It requires no required upfront costs with fantastic benefits that reap benefits throughout your everyday life. From my Chase Ultimate Rewards points, I’ve been able to take trips to Macchu Picchu and places around the world. I like to use credit card churning to build a huge travel rewards portfolio. I complement my credit card churning with credit card manufactured spending, which allows me to travel the world for virtually no cost. In my opinion, credit card churning qualifies for passive income as you pair it with credit card manufactured spending you can earn more money than it costs to do the manufactured spending. I will highlight the best credit cards to churn. Continue Reading
Churning is a very interesting way of traveling around the world at the minimum cost or no cost. It simply means signing up for a credit card which will offer you travel rewards, points, cash back and miles. Instead of opening the account forever, you should close them after you have achieved the bonus offers and perhaps other incentives. Credit card churning is one of my favorite ways to earn extra income without working more. Let’s get into our credit card churning guide to learn more.
You get to save money from various trips you would have taken otherwise. Or, if you are like me and love travel photography. I get to travel the world and participate in my hobby. There are significant opportunities to participate in churning while also conducting manufactured spending. Manufactured spending is the idea of generating cash from your credit card spend to then pay off your balance. This leads to significant points generation.
It does not come without risks. However, with careful planning, you can travel the world almost free. Here are some ways to use churning to travel around the world. Continue Reading
For those of you that don’t know about the Chase 5/24 rule, we’ve built a separate guide on understanding the implications of the Chase 5/24 rule. If the credit bureau Chase pulls for you shows 5 or more cards open in last 24 months, then Chase will generally deny you certain cards. However, there are some Chase cards not subject to 5/24. The above photo is from our travel experience to go see a Toronto Raptors game at the Air Canada Center. This was a great experience. Toronto is a fun town. Go in the summer, so you can enjoy the lake and warm weather. Continue Reading
Manufactured spending is constantly changing. Here is how to do manufactured spending right now.
Credit card manufactured spending (MS) can be highly lucrative and an excellent form of passive income. People manufacture credit card spending to generate income or generate significant rewards points at no cost.
Credit card churning contributes to building up massive rewards points, but credit card MS takes your rewards travel and benefits to a whole new level. In addition, credit card MS does not come without risk though, so I will give you a primer that you can use as a baseline for your future involvement. Continue Reading
You might be asking yourself how you can travel the world for free? The answer is quite simple, credit card churning. Credit card churning is simply the act of signing up for several credit cards that offer sign up rewards, such as airline miles, and spending enough to get the bonuses and rewards. For the sake of this article, we’ll be focusing on the airline mile rewards, and what mistakes you need to avoid to successfully travel the world for virtually nothing. If you can follow the steps below, you’ll be able to easily avoid making very costly mistakes and once you learn the pattern, it’ll become a second nature. Make sure to avoid these 5 credit card churning mistakes to travel the world for free.
If you’ve ever noticed your bank offering credit card rewards, you may have heard about credit card churning. It’s important to remember that signing up for multiple cards to receive rewards for each card can be risky. If you don’t have the financial stability to make sufficient payment to pay off these cards, you’ll end up damaging your credit score and increasing your debt. This would be extremely counterproductive, especially considering you’re just looking to enjoy the perks and free rewards. Before we get into all of that, let’s assume you don’t know much about credit card churning, and start from square one. Continue Reading
Cash back rewards credit cards are a great way to generate passive income especially if you like and know how to manufacture spending. Cash back rewards credit cards complement miles or points based cards when you think about your rewards earning potential. For example, you can earn Chase Ultimate Rewards points with the Chase Freedom and Freedom Unlimited cards that can be transferred to your Chase Sapphire Reserve that can be used for travel. Pair the Chase Freedom with manufactured spending to get most out of the 5% cash back. Continue Reading