Also known as Credit Card Churning, one thing I’ve been doing for fun on the side is racking up credit card points. I’ve been able to fly to Canada to visit family multiple times for completely free, literally just by opening up a credit. I have enough points now to fly round trip first class to pretty much anywhere in the world, and stay a few nights at a world class resort, all for free, and this only took a few minutes of my time. Here’s how. Add me on Snapchat/Instagram: GPStephan
One thing most people don’t know - you can actually profit, quite a lot, from credit card sign up bonuses. Lets face it, credit companies make money off people who carry balances and don’t pay off their bill. The interest credit cards charge is astronomical and most people lose a ton of money every year to credit card interest payments. So to lure people in, credit cards will offer a sign up bonus. Usually if you spend a few thousand dollars in the first few months of opening a card, they’ll give you a certain amount of points- this is called the minimum spend. Once you hit the minimum spend, those points are deposited to your account and can be redeemed for travel, hotel, or sometimes it’s cash.
1. Credit Cards make money off people who charge money on the account and don’t pay it off in full. Do not be that guy (or girl) who keeps a balance on a credit card and pays interest. To do this effectively, charge the minimum spend needed to hit the bonus - with money you would have spent anyway - and pay it off in full.
2. This is not for beginners. If you’re just starting out, do not do this. This is meant for someone with already established credit history and a good credit score.
3. . This is not for people who can’t responsibly handle credit card. Do not buy things you wouldn’t ordinarily buy just because you have more credit.
4. Credit Card bonuses can be redeemed for free travel, free rental cars, free hotels, cash back…the possibilities are endless. It costs you nothing other than spending money you would already be spending, anyway.
5. The best ways to use these points is by transferring the points to an airline and then booking directly with the airline. Usually booking plane tickets through the credit cards portal offers you a lower rate.
Using this strategy, and browsing reddit, I’ve made thousands in points and gotten free airfare, travel, and hotels for free with almost no work. Do this correctly and you can continue building your credit while getting free stuff at the same time.
Favorite website:
www.Reddit.com/r/churning
My favorite cards:
1. American Express Gold - https://apply.uscreditcardguide.com/credit-card/amex-premier-rewards-gold/apply/?t=0 (Incognito mode for 50k offer)
2. American Express Platinum - https://goo.gl/7ZpUdr
3. Chase Sapphire Reserve - https://www.referyourchasecard.com/19/MO0IMZTC25
4. Chase Sapphire Preferred
5. Bank of America Cash Rewards - https://goo.gl/1xwB4B
For business inquiries, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq

By Stock Chat

where the coffee is hot and so is the chat

30 thoughts on “Credit card lifehack: how to travel anywhere for free with just a few minutes of work”
  1. Avataaar/Circle Created with python_avatars Steve Day says:

    Capital One is not in my wallet. They just turned me down and did a hard check that most other companies didn't do.

  2. Avataaar/Circle Created with python_avatars Bennett says:

    Lol whys his voice so different

  3. Avataaar/Circle Created with python_avatars Billy Bones says:

    Great video. Tell us the downsides too, so we can be prepared. Do the points expire and typically when?

  4. Avataaar/Circle Created with python_avatars miu T says:

    So, do you cancel the card after the first year so that you don’t continue to pay annual fee?

  5. Avataaar/Circle Created with python_avatars Uchenna Anuforo says:

    FASTC.YBER IS THE ONLY PERSON WHO SUCCESSFULLY RESTORED MY DISABLED IN FEW MINUTES°

  6. Avataaar/Circle Created with python_avatars Rich Ragains says:

    So use it are saying don’t cancel them after a year or stay with it and pay the yearly fee?

  7. Avataaar/Circle Created with python_avatars Rich Ragains says:

    This is great stuff.

  8. Avataaar/Circle Created with python_avatars SUCCR4MEMES says:

    why does he sound so different than usual

  9. Avataaar/Circle Created with python_avatars Just Rachelle says:

    Question! How do you still profit from these if you still have to pay the yearly fees? After you received the bonus that is

  10. Avataaar/Circle Created with python_avatars Danny Dabbles says:

    “SunCor Financial MPI review” "

  11. Avataaar/Circle Created with python_avatars danceswithrats says:

    ahhh 2017 . If only we knew what 2020 had in store for us.

  12. Avataaar/Circle Created with python_avatars StanleeSon says:

    Theres a $250 membership fee for AMEX GOLD?

  13. Avataaar/Circle Created with python_avatars Stoyko Yovchev says:

    yey

  14. Avataaar/Circle Created with python_avatars trevor irby says:

    Do you know of any credit cards with no annual fee that I could keep for a while instead of just churning some cards for only like 1 year

  15. Avataaar/Circle Created with python_avatars Micheal Benjamin says:

    OMG I just got my Mastercard from cashmain on wickr he also trade flips and dumps

  16. Avataaar/Circle Created with python_avatars Laura says:

    If I cancel the card after I receive the points, will the points be recinded?

  17. Avataaar/Circle Created with python_avatars Rose says:

    Cashier: okay and how will you be paying today?
    Graham: staring at 50 different credit cards 😅😅😅

  18. Avataaar/Circle Created with python_avatars half unlit says:

    Read the fine print when bank churning /credit churning. I went to HSBC to try and get the 225 and had the minumum ballance of 5k, made direct deposits but you also need to have "An HSBC U.S. residential mortgage loan." whoops.

    Yeah so you can get scammed trying to scam them

  19. Avataaar/Circle Created with python_avatars Sucal says:

    does this work in other countries? such as france for example

  20. Avataaar/Circle Created with python_avatars Global Africa says:

    Hey Graham, are those $3000 life time purchase on the card and not doing that every year?

  21. Avataaar/Circle Created with python_avatars J Cardozo says:

    Got my first credit card and I did the exact opposite. Spent money on stuff I don’t need, for the points lmao but you gotta fail to learn, I’ll be on my way to the top soon!

  22. Avataaar/Circle Created with python_avatars zZredXHaWKx says:

    Where are the points stored?? It is a centralised system?

  23. Avataaar/Circle Created with python_avatars Grant Travels says:

    $500 piece of wood. 😱😂😂😂

  24. Avataaar/Circle Created with python_avatars Normal Videos says:

    Why do his pupils look so crazy?

  25. Avataaar/Circle Created with python_avatars Hrittik Roy says:

    Does he then blocks the card after the usage to block annual charges ?

  26. Avataaar/Circle Created with python_avatars P M says:

    is this applicable in different countries (Ie: Canada?)

  27. Avataaar/Circle Created with python_avatars sin dust says:

    $550 annual fee is waived for military so getting it and using the VIP lounges is a no brainer.

  28. Avataaar/Circle Created with python_avatars tnt kff says:

    "..but you're smarter than that, and you're not gonna do that…"

    me: "…..anymore…"

  29. Avataaar/Circle Created with python_avatars Kyser says:

    I can see the other side through his eyes.

  30. Avataaar/Circle Created with python_avatars Graham Stephan says:

    The timing of this video worked out way too perfectly. By random chance (I filmed this video last week), I booked a free ticket last night using credit card points, to visit family in Canada and flew out this morning…I’m posting this between a layover from a Denver Colorado airport lounge where Priority Pass/Chase Sapphire Reserve got me complimentary access, a free truffle burger, fries, dessert, and nitro iced coffee. Check out my snapchat to follow the adventures 😉 GPStephan

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