Author Topic: Bank account churning: how to make $1600 in a year by being organized  (Read 287419 times)

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #900 on: November 03, 2021, 07:20:21 AM »
Easy $100 on Doctor of Credit, but you need to do it today: sign up for the Voyager app (some sort of crypto trading app) with a special code and deposit $100, make a trade of at least $10, get $100 of bitcoin.
I did it last night and am still waiting for the bitcoin reward. You can convert it back to cash but have to wait 14 days to move it out of  Voyager.

Just search -voyager- at DoC.
It took a few days but the $100 bitcoin bonus showed. I just left it in Bitcoin since I have to wait two weeks to transfer it out, up $3.40 woohoo I'm making that crypto money ;-)

Michael in ABQ

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #901 on: November 03, 2021, 02:50:39 PM »
Easy $100 on Doctor of Credit, but you need to do it today: sign up for the Voyager app (some sort of crypto trading app) with a special code and deposit $100, make a trade of at least $10, get $100 of bitcoin.
I did it last night and am still waiting for the bitcoin reward. You can convert it back to cash but have to wait 14 days to move it out of  Voyager.

Just search -voyager- at DoC.

Thanks. I gave it a shot. I had a couple hundred bucks sitting in an old bank account so I just bought 0.004 BTC with it. Hopefully the $100 worth of BTC comes through.

Mine showed up a day later and has gained a few dollars since then. I guess I'll be diversified with 0.1% of my portfolio in BTC. If it goes up to $100,000 then it will be 0.2% of my portfolio!

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #902 on: November 05, 2021, 06:45:52 AM »
Another really easy one from Fidelity, open a new account (I chose cash management, aka checking), deposit $50, receive$100 bonus.
Details and promo link at DOC.

Rusted Rose

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #903 on: November 06, 2021, 09:10:10 PM »
Another really easy one from Fidelity, open a new account (I chose cash management, aka checking), deposit $50, receive$100 bonus.
Details and promo link at DOC.

Thanks for posting this. Free money is fab.

elysianfields

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #904 on: November 06, 2021, 11:00:03 PM »
I received the $400 bonus from US Bank (open checking account, deposit $5k).
I did two transfers from a Discover savings account, which worked fine even though according to the fine print it has to be a direct deposit from an employer.
It took about five weeks after I met the requirements for the bonus to post.

Thanks for the data point, I was wondering when to expect the bonus to post.

Update: Just received the $400 from US Bank.  That offer's expired but they often re-run it.

Still working Monifi $250 and also the Fidelity $100 others have mentioned, watching DoC for more.

On the credit card side, I've had a Chase Sapphire Reserve for a bunch of years and I'm thinking of closing it and waiting for a new bonus offer for Sapphire Reserve or Sapphire Preferred.  Do others here have any insights on how to do that most effectively?

I'm a little worried about running afoul of 5/24 as I'm also looking for a 0% / no balance transfer fee card as well.

tj

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #905 on: November 07, 2021, 10:02:29 AM »
I did the 12,000 SB ($120) for Varo. Transfer $26 in, Super easy. I've already scheduled the $26 to go back to my bank account and will eventually close the Varo.

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #906 on: November 08, 2021, 09:24:23 AM »
I did the 12,000 SB ($120) for Varo. Transfer $26 in, Super easy. I've already scheduled the $26 to go back to my bank account and will eventually close the Varo.

Did the Varo, thanks. There's so many offers on DoC, I missed this one.

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #907 on: November 08, 2021, 09:26:36 AM »
I received the $400 bonus from US Bank (open checking account, deposit $5k).
I did two transfers from a Discover savings account, which worked fine even though according to the fine print it has to be a direct deposit from an employer.
It took about five weeks after I met the requirements for the bonus to post.

Thanks for the data point, I was wondering when to expect the bonus to post.

Update: Just received the $400 from US Bank.  That offer's expired but they often re-run it.

Still working Monifi $250 and also the Fidelity $100 others have mentioned, watching DoC for more.

On the credit card side, I've had a Chase Sapphire Reserve for a bunch of years and I'm thinking of closing it and waiting for a new bonus offer for Sapphire Reserve or Sapphire Preferred.  Do others here have any insights on how to do that most effectively?

I'm a little worried about running afoul of 5/24 as I'm also looking for a 0% / no balance transfer fee card as well.

I think the US Bank $400 is on again, and there's a new $300 US Bank business checking offer (for $3000 deposit).
So much free money.

MasterStache

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #908 on: November 09, 2021, 05:35:57 AM »
I received the $400 bonus from US Bank (open checking account, deposit $5k).
I did two transfers from a Discover savings account, which worked fine even though according to the fine print it has to be a direct deposit from an employer.
It took about five weeks after I met the requirements for the bonus to post.

Thanks for the data point, I was wondering when to expect the bonus to post.

Update: Just received the $400 from US Bank.  That offer's expired but they often re-run it.

Still working Monifi $250 and also the Fidelity $100 others have mentioned, watching DoC for more.

On the credit card side, I've had a Chase Sapphire Reserve for a bunch of years and I'm thinking of closing it and waiting for a new bonus offer for Sapphire Reserve or Sapphire Preferred.  Do others here have any insights on how to do that most effectively?

I'm a little worried about running afoul of 5/24 as I'm also looking for a 0% / no balance transfer fee card as well.

The US Bank bonus has 24 month language in it so that stinks!

I just downgraded my CSR to a Freedom card as the $550 annual fee just hit and I had already used PYB to cash out hundreds of thousands of UR points. I don't really have a reason to keep the card around. So downgrading is an option if choose to do that.

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #909 on: November 10, 2021, 08:25:08 AM »
Another really easy one from DoC: open a TradeStation account with $500, get $150 bonus.
I got a mailer for $400 bonus for $1000 DD at Wells Fargo, in branch only. My little town has a WF, I'll keep my hand on my wallet in there!

elysianfields

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #910 on: November 13, 2021, 10:36:47 AM »
Another really easy one from DoC: open a TradeStation account with $500, get $150 bonus.
I got a mailer for $400 bonus for $1000 DD at Wells Fargo, in branch only. My little town has a WF, I'll keep my hand on my wallet in there!

Thanks for the tip @sonofsven , already on it.

kpd905

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #911 on: December 14, 2021, 05:31:31 PM »
Just wondering what others are looking at for earnings this year. 

In 2 player mode, we are at $6230 from bank bonuses right now.  We might end up at $7330 if our two Tastyworks Brokerage bonuses post their $500 bonuses (plus $100 referral bonus) quickly.  Pretty solid year, even though I felt like I couldn't do most bonuses for the big banks because of all of their new churning rules.
« Last Edit: December 14, 2021, 05:44:46 PM by kpd905 »

MasterStache

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #912 on: December 15, 2021, 06:01:52 AM »
Just wondering what others are looking at for earnings this year. 

In 2 player mode, we are at $6230 from bank bonuses right now.  We might end up at $7330 if our two Tastyworks Brokerage bonuses post their $500 bonuses (plus $100 referral bonus) quickly.  Pretty solid year, even though I felt like I couldn't do most bonuses for the big banks because of all of their new churning rules.

Still have a few pending bonuses but will probably end the year around $9500 in 2 player mode. Not sure I captured everything though as a couple banks were done through Swagbucks and MyPoints. I will admit about $1K of that was referrals. I don't feel as though I did very many big bonuses. Lots of smaller bonuses.

samanil

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #913 on: December 15, 2021, 06:54:31 PM »
I'm at 4300, it's possible I could make it past 5k by the end of the year (waiting on a 500 payout from a citi brokerage bonus for transferring 50k).

samanil

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #914 on: December 15, 2021, 07:24:14 PM »
I think the US Bank $400 is on again, and there's a new $300 US Bank business checking offer (for $3000 deposit).
So much free money.

Thanks for the heads up, just opened the biz checking account. CHA CHING!

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #915 on: January 13, 2022, 07:52:51 AM »
The SoFi personal loan bonus is back, $599 bonus for taking out a personal loan. I did a $5k loan, bonus posted to my Sofi money account before the $5k reached my linked savings account.
Hard pull on credit, applied Friday, approved Monday, funded Wednesday.
I'll pay the $5k back today, should be about $5 interest. For $599 bonus. (insert exploding head emoji)

BikeFanatic

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #916 on: January 13, 2022, 08:11:15 AM »
That sofi bonus is huge! No early repayment penalty? Do you have to have student loans? Do you have a link?

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #917 on: January 13, 2022, 08:24:20 AM »
No student loans, no link, it's targeted. Check the sofi app.
It didn't show up on the app for me when it first popped up on DoC but I opened a Sofi email a few days later and the bonus offer was there.

DadJokes

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #918 on: January 13, 2022, 11:34:12 AM »
The SoFi personal loan bonus is back, $599 bonus for taking out a personal loan. I did a $5k loan, bonus posted to my Sofi money account before the $5k reached my linked savings account.
Hard pull on credit, applied Friday, approved Monday, funded Wednesday.
I'll pay the $5k back today, should be about $5 interest. For $599 bonus. (insert exploding head emoji)

Heck yeah! I checked my SoFi app (opened an account in 2020 for a different bonus) and can hopefully get this bonus for both me and the wife. I don't love the credit pull, but $600 is better than most credit card bonuses.

Thanks!

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #919 on: January 14, 2022, 10:49:11 AM »
The SoFi personal loan bonus is back, $599 bonus for taking out a personal loan. I did a $5k loan, bonus posted to my Sofi money account before the $5k reached my linked savings account.
Hard pull on credit, applied Friday, approved Monday, funded Wednesday.
I'll pay the $5k back today, should be about $5 interest. For $599 bonus. (insert exploding head emoji)

I procrastinated a bit so my payoff amount is $5007.xx, scheduled for payoff tomorrow.
The bonus posted to a sofi money account I opened at the same time. Sending a direct deposit of $1001 into it for another $100 bonus.

DadJokes

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #920 on: January 14, 2022, 11:56:52 AM »
The SoFi personal loan bonus is back, $599 bonus for taking out a personal loan. I did a $5k loan, bonus posted to my Sofi money account before the $5k reached my linked savings account.
Hard pull on credit, applied Friday, approved Monday, funded Wednesday.
I'll pay the $5k back today, should be about $5 interest. For $599 bonus. (insert exploding head emoji)

Heck yeah! I checked my SoFi app (opened an account in 2020 for a different bonus) and can hopefully get this bonus for both me and the wife. I don't love the credit pull, but $600 is better than most credit card bonuses.

Thanks!

I saw the popup initially but tapped away from it to verify which account I was logged in to. Now I can't get the offer to come back up. Boo.

sonofsven

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Re: Bank account churning: how to make $1600 in a year by being organized
« Reply #921 on: January 14, 2022, 12:47:31 PM »
The SoFi personal loan bonus is back, $599 bonus for taking out a personal loan. I did a $5k loan, bonus posted to my Sofi money account before the $5k reached my linked savings account.
Hard pull on credit, applied Friday, approved Monday, funded Wednesday.
I'll pay the $5k back today, should be about $5 interest. For $599 bonus. (insert exploding head emoji)

Heck yeah! I checked my SoFi app (opened an account in 2020 for a different bonus) and can hopefully get this bonus for both me and the wife. I don't love the credit pull, but $600 is better than most credit card bonuses.

Thanks!

I saw the popup initially but tapped away from it to verify which account I was logged in to. Now I can't get the offer to come back up. Boo.

Check your emails in the next two or three days, that's when my offer showed up,