Bank account churning: how to make $1600 in a year by being organized

[Padonak]

I have a question not related to sign up bonuses. I'm trying to transfer over 10K from my wells fargo to sofi checking account. I linked the accounts and tried to make a push transfer from WF. The limit is 5K per transfer and 6k per month, so i only transfered 5K. If i make a "pull" transfer from WF to sofi for another 6-8K, will that also count towards that total transfer limit, perhaps resulting in that transfer being declined?

I'll answer my own question: yes. I did a push transfer from WF to SoFI, then a couple of days later did a pull transfer. The total amount was much higher than the push transfer limit that WF has but both transfers went though.

[lhamo]

I got overwhelmed and my paper pile was too high, so I missed out on one really easy bonus that expired-- Wells Fargo $325 for just a $1000 deposit.  But I did sneak in under the deadline for a Key Bank one.  $800 for 10k deposit for 60 days, plus an additional $400 if you keep the money there for a year.  That's a 12% return!  And they don't even require that you set up direct deposits (real or fake).  Good place to stick an emergency fund or other random cash.  Moving money from the Chase account that I got the $900 bonus from and then I'll close out the Chase account.

[kpd905]

@lhamo that Wells Fargo bonus is still available, until January 7th.

https://www.doctorofcredit.com/wells-fargo-325-checking-bonus-available-online/

[SusieStache]

New Year, new bank account churning opportunities. . .

For new Laurel Road customers, there is a $200 bonus on the High Yield Savings Account, currently paying 4.15% APY following recent Fed rate cuts.

Offer expires 01/10/2025.  Per Doctor of Credit, an account balance of $5,000 is required only on Day 90 following account opening to qualify for the $200 bonus.

Here's my referral link:  https://www.laurelroad.com/refer-hys/?hys_friend=p8v0woa3

[jim555]

New Year, new bank account churning opportunities. . .

For new Laurel Road customers, there is a $200 bonus on the High Yield Savings Account, currently paying 4.15% APY following recent Fed rate cuts.

Offer expires 01/10/2025.  Per Doctor of Credit, an account balance of $5,000 is required only on Day 90 following account opening to qualify for the $200 bonus.

Here's my referral link:  https://www.laurelroad.com/refer-hys/?hys_friend=p8v0woa3

I'm reading this one: "Must deposit a minimum of $1 within the first 20 days and must have the relevant tiered account balance on the 90th day. See below for full terms and conditions."  So on day 89 put in $30K and day 91 withdraw it and get $200 by check in 60 days?  Sounds too good to be true.

[NotJen]

Does anyone on this thread have a Pepper Rewards App referral code?

I got an AmEx Offer for $30 off a $75 Pepper purchase, so I figure I'll probably sign up and check it out.

[I suppose this is more of a credit card thing, but this thread is decently active and veers into CCs sometimes.]

[MasterStache]

Does anyone on this thread have a Pepper Rewards App referral code?

I got an AmEx Offer for $30 off a $75 Pepper purchase, so I figure I'll probably sign up and check it out.

[I suppose this is more of a credit card thing, but this thread is decently active and veers into CCs sometimes.]

@NotJen
I do. I use it mainly for the $1 CC balance forgiveness after Amazon upped their minimum reload to $5. Comes in handy.
My referral code is 605343. If you do use it I very much appreciate it!

[NotJen]

Does anyone on this thread have a Pepper Rewards App referral code?

I got an AmEx Offer for $30 off a $75 Pepper purchase, so I figure I'll probably sign up and check it out.

[I suppose this is more of a credit card thing, but this thread is decently active and veers into CCs sometimes.]

@NotJen
I do. I use it mainly for the $1 CC balance forgiveness after Amazon upped their minimum reload to $5. Comes in handy.
My referral code is 605343. If you do use it I very much appreciate it!

Oh shit!  I didn't even think about using it for that.  Using your code to sign up now.

ETA:  This just made my day - it looks like I can build up a Regal balance to get free movies on discount Tuesdays!

[MasterStache]

Does anyone on this thread have a Pepper Rewards App referral code?

I got an AmEx Offer for $30 off a $75 Pepper purchase, so I figure I'll probably sign up and check it out.

[I suppose this is more of a credit card thing, but this thread is decently active and veers into CCs sometimes.]

@NotJen
I do. I use it mainly for the $1 CC balance forgiveness after Amazon upped their minimum reload to $5. Comes in handy.
My referral code is 605343. If you do use it I very much appreciate it!

Oh shit!  I didn't even think about using it for that.  Using your code to sign up now.

ETA:  This just made my day - it looks like I can build up a Regal balance to get free movies on discount Tuesdays!

Thank you! I just looked this morning and see the same Amex offer for Pepper. Glad you said something. Good deal!

Edit to add, found the Pepper deal on my Spouse's Amex card as well. Been holding out signing her up but good timing as I'm in the middle of a renovation. 10% back on first $200 is a good discount.

[NotJen]

Thank you! I just looked this morning and see the same Amex offer for Pepper. Glad you said something. Good deal!

Edit to add, found the Pepper deal on my Spouse's Amex card as well. Been holding out signing her up but good timing as I'm in the middle of a renovation. 10% back on first $200 is a good discount.

The $30 AmEx credit posted THE SAME DAY for this.  Unheard of!


Warning - not all gift cards can be purchased for $1 - the min for Regal is $5 (which will still be useful) - but hoping Target stays at $1 because I will use that more than Amazon gift cards.  I was planning to get the app anyway because I just got a USB Triple Cash, so the timing of this deal is pretty handy.

[jim555]

Super weak PenFed $150 bonus.  120 days get you 4.56%.  $150 on $10,000 or $75 on $5,000.

https://www.penfed.org/getmyoffer150

[tj]

Super weak PenFed $150 bonus.  120 days get you 4.56%.  $150 on $10,000 or $75 on $5,000.

https://www.penfed.org/getmyoffer150

And, it sounds like they'll only pay out if you were targeted:

No, this offer is non-transferable and is only available for the original recipient and can not be shared.

[sonofsven]

This is a cc offer, but seeing as how this is the main churning thread, I'll post it here.
If you need Hawaiian or Alaska miles, there are two separate offers for 70k miles after a single purchase (any amount); one is the Barclays Hawaiian Air credit card, the other is the Bank of Hawaii (issued by Barclays).
Both have a $99 yearly fee, but the miles in your Hawaiian Air account don't go away if you close the cards.
Pretty good deal, 140k miles for $198. I just booked a RT PDX/Maui for 41,500 miles.

There are also tons of great bank bonuses on DOC. I've got $20k in Live Oak and $20k in Chase Business and $10k in Grasshopper, and I'm leaving money on the table by not having more available for other bonuses.

[tj]

I've never heard of a bank called "Grasshopper".

I did Live Oak Bank and now working on CIT Bank

[Zamboni]

Okay, I've signed up for the Capital One 360 Checking for the $300 bonus, but I need to have two $500 direct deposits in the next 75 days. I thought I could split my paycheck up and put some there, but now I learned my employer does not allow that.

I realize it may say somewhere else in this thread, but I can't find it: what are the other ways to make direct deposits?

Please help me, Wise Forumiti, you're my only hope!

[NotJen]

Okay, I've signed up for the Capital One 360 Checking for the $300 bonus, but I need to have two $500 direct deposits in the next 75 days. I thought I could split my paycheck up and put some there, but now I learned my employer does not allow that.

I realize it may say somewhere else in this thread, but I can't find it: what are the other ways to make direct deposits?

Please help me, Wise Forumiti, you're my only hope!

Check the data points on Doctor of Credit: https://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/

Looks like you have lots of options for Cap1.  The key is to PUSH from the other bank account.  DO NOT pull from Cap1.

[Zamboni]

This is really helpful, thank you. I will try pushing from Vanguard and report back if that works.

[sonofsven]

https://creditcards.chase.com/rewards-credit-cards/sapphire/preferred

Chase Sapphire Preferred cc offer back to 100,000 points on $5k spend.
I'd beg for a referral but I don't currently have a csp or csr card to refer, and I can't apply for one til July due to the 48 month language for the bonus offers for these cards. Right now there's an end date of 5/12/25 for this offer, although it might get extended.
$95 annual fee

[jim555]

New Year, new bank account churning opportunities. . .

For new Laurel Road customers, there is a $200 bonus on the High Yield Savings Account, currently paying 4.15% APY following recent Fed rate cuts.

Offer expires 01/10/2025.  Per Doctor of Credit, an account balance of $5,000 is required only on Day 90 following account opening to qualify for the $200 bonus.

Here's my referral link:  https://www.laurelroad.com/refer-hys/?hys_friend=p8v0woa3

I'm reading this one: "Must deposit a minimum of $1 within the first 20 days and must have the relevant tiered account balance on the 90th day. See below for full terms and conditions."  So on day 89 put in $30K and day 91 withdraw it and get $200 by check in 60 days?  Sounds too good to be true.

This one paid off, only kept the money in a few days and collected $200.

[jnw]

Just signed up for the $825 Wells Fargo Business Checking offer.  Deposit $25k by the 30th day of account opening, hold until day 60 of account opening.  Given say a 10 day buffer, this 40 day play get about 35% effective APY return. https://cashbackcow.io/calculators/effective-apy-calculator/?invest=25000&sub=825&daysreq=30&daysbuf=10&fees=0&interest=0

Play details:
https://www.profitablecontent.com/wells-fargo-825-business-checking-bonus/