For the average American, credit card churning probably sounds like a bad thing. For some consumers, however, churning is enabling them to vacation like a prince while spending like a student. In this presentation, we'll explain what credit card churning is, why you should churn, what's the catch, and is churning right for you.

1. A GUIDE TO CREDIT
CARD CHURNING

2. • Applying for a new card to earn a sign-up bonus
• Canceling prior to next year’s annual fee
• Repeat
WHAT IS CREDIT CARD CHURNING?

3. APP-O-RAMA
• Applying for several cards on a single day
• Reduces chances of companies being aware of
multiple applications
• Multiply the benefits

4. WHY CHURN?
•Customers can earn thousands of points or miles
each year
•Free trips, luxury hotels, and higher status

5. • Must meet the minimum spend thresholds
• Must remember to cancel your cards or negotiate a
waiver before the annual fee
• Impact on your credit score
WHAT’S THE CATCH?

6. IS CHURNING RIGHT FOR YOU?
• Good credit profile - pay on time & in full
• Not in the market for a major loan
• Have big upcoming purchases
• Time and energy

7. RESOURCES
www.millionmilesecrets.com
www.thepointsguy.com
www.hackmytrip.com
www.flyertalk.com

8. THANK YOU
www.walla.by
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