CreditCardChurning

Reddit 2014-03 travel declining
Also known as: PointsHackingCardChurning

Gaming the Rewards System

CreditCardChurning describes the practice of repeatedly opening credit cards for sign-up bonuses, meeting minimum spend, earning rewards, then canceling and repeating. The r/churning subreddit (150K+ members) systematized strategies to maximize travel rewards.

The Basic Strategy

  1. Research cards with highest sign-up bonuses (60K-100K+ points)
  2. Apply and get approved (requires good credit 700+)
  3. Meet minimum spend requirements ($3K-5K in 3 months)
  4. Earn bonus points
  5. Downgrade or cancel card (avoiding annual fees)
  6. Wait cooldown period (6-24 months)
  7. Repeat with same/different card

Advanced Techniques

Manufactured Spending: Creating artificial spend to meet minimums without actual purchases (buying gift cards, money orders, Venmo/PayPal cycling). Banks cracked down 2017-2020.

Player 2 Mode: Using spouse/partner applications to double bonuses, transfer points between household accounts.

Business Cards: Applying for business cards (often easier approval for “businesses”) to accumulate bonuses beyond personal card limits.

Bank-Specific Rules

Chase 5/24 Rule: Instituted 2015, auto-deny if applicant opened 5+ cards in 24 months. Churners strategized application order.

Amex Pop-Up: 2018+ Amex began denying bonuses to frequent applicants with “not eligible for bonus” message.

Citi 24-Month Language: Bonus ineligible if earned same bonus within 24 months.

Peak Era & Decline (2015-2020)

Golden age 2015-2018: easily obtainable 100K bonuses, minimal restrictions. Banks tightened significantly 2018-2020:

  • Lower bonuses
  • Stricter approval criteria
  • Lifetime language (one bonus ever per card)
  • Shutdowns for aggressive churning

Risk Factors

  • Credit score impact from multiple hard inquiries
  • Risk of account shutdowns
  • Annual fee juggling complexity
  • Time investment for marginal returns as bonuses declined

COVID-19 Kill Shot

Pandemic crushed churning: travel impossible, bonuses slashed, banks risk-averse. Many churners quit entirely or shifted to cashback strategies.

Source: https://www.reddit.com/r/churning

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