With so many credit cards out there, how do you decide which to sign up for? There are a lot of resources out there, such as Reddit Churning. Consider this as your guide for maximizing your credit card bonuses. If you love traveling, you'll love churning credit cards. All you have to do is sign up for new cards, spend them responsibly, and you'll be traveling for … [Read more...] about How To Hack Credit Cards with Reddit Churning
Credit Cards
How to Increase Your Credit Score
A high credit score is one of your most valuable assets, and needs to be fiercely protected. Knowing how to increase credit score your credit score helps you borrow more money, pay less interest, and score credit cards with high bonuses. To learn how to track and improve your credit score, let's break down each section of my personal credit on Credit Karma. Hard Inquiries Hard … [Read more...] about How to Increase Your Credit Score
Why You Should Avoid Credit Card Minimum Payments at All Costs
There's a myth that credit card minimum payments could boost your credit score. Some lecture each that you should "always carry a balance on your credit card". This is completely inaccurate. Not only will this mindset actually lower your credit score, you'll also pay unnecessary interest rates. Paying your credit card in full actually raises your credit score by lowering your … [Read more...] about Why You Should Avoid Credit Card Minimum Payments at All Costs
The Disadvantages of Credit Card Churning
Credit card companies are offering incredible sign up bonuses to add new customers, and "churners" are capitalizing on this by signing up for the new cards. While churning is gaining popularity, there are many disadvantages of credit card churning to keep in mind. If you don't pay down your entire balance, you could end up spending thousands of dollars in interest. Aside from … [Read more...] about The Disadvantages of Credit Card Churning
Travel for Free with Credit Card Churning
When we were taught how to properly use credit cards, not many of us learned about credit card churning. Credit card companies are in an arms race to add customers, offering incredible sign up bonuses after you spend enough money. Some bonuses are over a thousand dollars in value. A growing number of credit card spenders known as "churners" are capitalizing on this. … [Read more...] about Travel for Free with Credit Card Churning