Difference between revisions of "Collect signup bonuses"
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| + | Unless you travel a lot for business, credit card signup bonuses are the only realistic path to lots of free travel, rather than waiting for years for points to accumulate through paid flights and stays or day-to-day credit card spending. There are dozens of cards that offer signup bonuses that are worth $500 or more. | ||
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| + | If you want to frequently take advantage of free airplane tickets and hotel nights, the best strategy is to continuously sign up for new credit cards, meet their initial spending requirements, and collect their signup bonuses. Most people are surprised at the number of credit cards that banks are willing to give, and that you can do this without killing your credit rating. | ||
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| + | Typical bonuses for signing up for good travel and reward credit cards are very generous. Signing up for a typical hotel-branded credit card will give you enough points for 2-3 nights at a nice downtown hotel in a typical city, a night at one of their fanciest hotels, or 8-20 nights at one of their less expensive hotels. A typical airline credit card will give you enough points for 2 free domestic economy tickets, or a free economy ticket to Europe. | ||
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| + | And it isn't very hard to signup for a dozen or more card every year (per person), easily earning hundreds of thousands of reward points per year. | ||
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Revision as of 15:00, 1 September 2018
Unless you travel a lot for business, credit card signup bonuses are the only realistic path to lots of free travel, rather than waiting for years for points to accumulate through paid flights and stays or day-to-day credit card spending. There are dozens of cards that offer signup bonuses that are worth $500 or more.
If you want to frequently take advantage of free airplane tickets and hotel nights, the best strategy is to continuously sign up for new credit cards, meet their initial spending requirements, and collect their signup bonuses. Most people are surprised at the number of credit cards that banks are willing to give, and that you can do this without killing your credit rating.
Typical bonuses for signing up for good travel and reward credit cards are very generous. Signing up for a typical hotel-branded credit card will give you enough points for 2-3 nights at a nice downtown hotel in a typical city, a night at one of their fanciest hotels, or 8-20 nights at one of their less expensive hotels. A typical airline credit card will give you enough points for 2 free domestic economy tickets, or a free economy ticket to Europe.
And it isn't very hard to signup for a dozen or more card every year (per person), easily earning hundreds of thousands of reward points per year.
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