How to Travel for Free With Credit Card Churning

Credit card churning is a method of opening and closing many credit cards to obtain points and miles to travel for free.

If you want to grab lots of points and miles, having many credit cards can help create this path. Gaining rewards and not damaging your credit can be tricky and make many people feel uneasy.

What is Travel Hacking?

Travel hacking is the mode of gaining free or cheaper travel by earning points and miles through credit card sign-ups and bonuses.

What is Credit Card Churning?

Credit card churning opens up cards, hits the sign-up bonuses, and closes them. People will use credit card churning to earn air miles, travel rewards, or cashback.

How Credit Card Churning Affects Credit

When opening up new credit cards, you must be wary about the factors forming your credit score and how companies look at how much you are spending and how many applications you are opening.

The Chase 5/24 Rule:

When looking at creating a strategy, you must be mindful of the Chase 5/24 Rule. Chase doesn’t want people to be signing up for cards and canceling all the time.

Credit Card Churners Beware

Credit card churning is not for everyone. It brings on many complexities but also brings on many rewards and bonuses.

Buying a House:

If you think of buying a home soon, be careful of churning credit cards. Mortgage lenders do not like those people opening and closing cards in a certain period.

Swipe Up to Read More!