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How I Made $5,000 for FREE Using This “Bank Account Bonus” Hack

Want to make $5,000 for free? With bank account bonuses, you can! All you need is an internet connection, some money to park in an account, and a bit of time. Parker, guest on the “BiggerPockets Money Podcast” show 367, was able to take home just under $5,000 in free cash this year by swapping bank accounts. This isn’t a hard money hack to hit, but you’ll need to stay on top of it like Parker unless you want to be weighed down with a dozen (or more) different bank accounts at the end of the year! But how does this hack work, and why are banks giving away money so freely? Parker puts it in plain terms that make sense, showing how both the banks (and you) benefit from simply depositing money into an account and waiting. You could make anywhere from $50 to $500 per bank account! The best part? There are almost NO downsides to this, and you can save up enough for a vacation, some new appliances, or an added buffer to your emergency reserve by signing up for bank bonuses. So don’t let this free money pass you by; give it a try! Have any other money hacks allowed you to cash in on free cash? Let us know about them in the comments below! 00:00 The Bank Bonus Hack 01:24 15 Bank Accounts?! 03:47 How Much Can You Make? 04:42 How Long Does It Take? 06:31 Is It Worth It? ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Find an Investor-Friendly Agent in Your Area: https://www.biggerpockets.com/agent/m... ~~~~ Check Out Last Week’s Episode on Why Your Tax Refund Is SO Small in 2023:    • WARNING: Prepare for a TINY 2022 Tax ...   ~~~~ Hear Parker’s Episode on the BiggerPockets Money Podcast: https://www.biggerpockets.com/blog/mo... ~~~~ The Ultimate Beginner’s Guide to Saving Money: https://www.biggerpockets.com/blog/sa... ~~~~ All the Money Hacks We WISH We Had Known About: https://www.biggerpockets.com/blog/mo... ~~~~ The Money Show’s Guide to Personal Finance for Beginners: https://www.biggerpockets.com/blog/mo... ~~~~ Connect with Mindy on BiggerPockets: Mindy: https://www.biggerpockets.com/users/m... ~~~~ Follow Mindy and BiggerPockets on Instagram: Mindy: @mindyatbp or   / mindyatbp   BiggerPockets: @biggerpockets or   / biggerpockets