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How to Travel for FREE with Credit Card Churning

Credit card Churning is a very easy way to travel for free. Anyone can credit card churn if you know what you are doing and it doesn't hurt your credit score at the end of the day. As long as you space out the cards that you applied for and earned the welcome bonus for. Join the Discord -   / discord   -------------------------------------------------- Get More Than Three Free Stocks! Robinhood - http://join.robinhood.com/colinf34 Webull - https://act.webull.com/k/6voCaiSKuzRS... Public Investing - https://share.public.com/jacobfisher Coinbase - https://www.coinbase.com/join/fisher_8cw Interactive Brokers - https://ibkr.com/referral/colin797 BlockFi - https://blockfi.com/?ref=18400b15 -------------------------------------------------- My Camera Equipment Light - https://amzn.to/2K46Sty Camera - https://amzn.to/36wMN9P Tamron 20mm Lens - https://amzn.to/2ZLa1I5 Music- https://www.epidemicsound.com/referra... -------------------------------------------------- Cards in my wallet My wallet - https://amzn.to/3b6JuYt Chase Sapphire Reserve American Express Platinum - http://refer.amex.us/COLINFKU39?XLINK... Chase Freedom Unlimited - https://www.referyourchasecard.com/18... American Express Blue Cash Preferred - http://refer.amex.us/COLINFZBcI?XLINK... Apple Card Southwest Rapid Rewards Card - https://www.referyourchasecard.com/22... -------------------------------------------------- Follow me on Social media! Instagram -   / cjacobfisher   -------------------------------------------------- Welcome back to the channel, I'm Jacob Fisher and today we have a topic that can be pretty lucrative if done right and that is credit card churning. You can do this a number of ways and it can be especially lucrative with business credit cards, but in this video we are just talking about consumer credit cards. Let's answer the questions, which are the best credit cards for credit card churning and how do you even do it in the first place? First we can briefly answer what is credit card churning and that is the process of applying for new credit cards to hit the welcome bonus and doing that over and over again to get a ton of points. You can actually do this with some credit cards multiple times. How do you apply for a bunch of credit cards to hit the welcome bonus and not tank your credit score though? There's a couple factors into this, but what can be super helpful is applying for cards every 6 months. Something you can do to bolster your credit score is having a set 2-4 credit cards you never cancel so that way your average age of credit won't be affected too much by applying for new credit cards. You also need to be mindful of your balances and available credit. If you have 2-4 credit cards in the backburner that you don’t use while churning, then your utilization will be low, but you have to make sure to not miss a payment across any of your credit cards. That's why for credit card churning I would recommend only using the credit card you are trying to get the bonus on during the time it takes you to get the bonus. After you get the bonus, just don’t use the credit card anymore, you can cancel it, because that way you ensure you don’t have a balance on the card and you wont miss a payment. Finally, along the lines of balances, make sure you aren't overspending to try and hit a welcome bonus. Find a welcome bonus that fits in your monthly spend. If you spend $1500 a month then a card that requires a $6000 spend in 3 months just won't work for you. All in all, have a collection of standard credit cards that are a few years old to bolster your credit score and only use the churning card when churning to avoid any chances of missed payments, but what are the best credit cards for churning? Any credit card with an elevated sign up bonus is perfect. The chase sapphire preferred has a 100k sign up bonus right now after spending $4000 in 3 months. These points can be transferred out to many airline and hotel partners. The capital one venture earns you 100k bonus miles after spending 20k in 12 months. The platinum card has a 75k bonus, the same as the gold card. The marriott credit cards have anywhere from a 50,000 bonus point offer to 100,000 bonus points if you wanted to get specific hotel points. Delta has anywhere from 10,000 bonus miles to 50,000 bonus miles. United has a similar 10,000 to 100,000 bonus miles. Really the card you should go for depends on what you are planning to do the next few months. If you are going to be flying united or staying at a marriott then go for a branded credit card, but if you are not sure then it doesn't hurt to rack up Amex, Chase or Capital one points to help give you options.