Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The Ultimate Guide to Credit Card Churning

3,058 views

Published on

For the average American, credit card churning probably sounds like a bad thing. For some consumers, however, churning is enabling them to vacation like a prince while spending like a student. In this presentation, we'll explain what credit card churning is, why you should churn, what's the catch, and is churning right for you.

Published in: Economy & Finance, Business
  • Dating for everyone is here: ❤❤❤ http://bit.ly/2u6xbL5 ❤❤❤
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Follow the link, new dating source: ❶❶❶ http://bit.ly/2u6xbL5 ❶❶❶
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

The Ultimate Guide to Credit Card Churning

  1. 1. A GUIDE TO CREDIT CARD CHURNING
  2. 2. • Applying for a new card to earn a sign-up bonus • Canceling prior to next year’s annual fee • Repeat WHAT IS CREDIT CARD CHURNING?
  3. 3. APP-O-RAMA • Applying for several cards on a single day • Reduces chances of companies being aware of multiple applications • Multiply the benefits
  4. 4. WHY CHURN? •Customers can earn thousands of points or miles each year •Free trips, luxury hotels, and higher status
  5. 5. • Must meet the minimum spend thresholds • Must remember to cancel your cards or negotiate a waiver before the annual fee • Impact on your credit score WHAT’S THE CATCH?
  6. 6. IS CHURNING RIGHT FOR YOU? • Good credit profile - pay on time & in full • Not in the market for a major loan • Have big upcoming purchases • Time and energy
  7. 7. RESOURCES www.millionmilesecrets.com www.thepointsguy.com www.hackmytrip.com www.flyertalk.com
  8. 8. THANK YOU www.walla.by Wallaby App Maximize rewards with every purchase. Wallet Boost Find the best credit card to add to your wallet

×