Is Churning Checking Accounts Worth doing? In the past year or two we’ve seen the credit card sign up bonuses decrease, while we’ve started to see the signup bonus for checking account increase. I’ve wanted to test out how easy it is to do a side hustle of opening checking in order to receive the cash sign up bonus.
I original got the idea to do this as a side hustle from Graham Stephan's video These bonuses can be anywhere from $150 to 500. In his video and several others it seemed really easy to open this banking accounts and earn quick cash. It looked liked it required very little time and effort on my end and then in a couple months time I could receive hundreds of dollars. So I wanted to churning bank accounts/ checking accounts to the test.
Graham Stephen's video: • HOW TO PROFIT CHURNING BANK ACCOUNTS IN 2019
After a year or so of opening several accounts here’s my experience on the whole matter and If I’d recommend if you guys do it as a side hustle to earn extra cash.
Please tell me down below in the comments if you've actually tried to open bank accounts to get the "easy" money. If so, what's has your experience been? Positive or negative? If you happen to know of any simple and big cash sign up bonus please mention in the comments!
Timestamps
0:00 - Intro
0:38 - What is checking account churning?
1:37 - How to get cash sign up bonus
5:51 - How much money did I make?
6:48 - Would I recommend
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I’m not a financial advisor. This video is for entertainment only and not financial advice. You are solely responsible for your financial decisions. https://www.financial-tutor.com/more
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