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HOW TO PROFIT CHURNING BANK ACCOUNTS IN 2019

Published on 1/14/2019 by Graham Stephan
Here’s EXACTLY how you can begin churning bank accounts and receiving sign up bonuses, step by step, and a few of the best offers in 2019 - enjoy! Add me on Instagram: GPStephan

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This concept is very simple for anyone to do…just like you can sign up for credit cards and get free travel, free hotels, and cash back signup bonuses…you can also sign up for bank accounts and get cash rewards.

All you need to do to earn this bonus is open up a checking or savings account, move your money into that account for the minimum time period…which is typically 60-90 days…then get the bonus, and use that money to go and open up ANOTHER account elsewhere. Repeat, and every step of the way can be worth anywhere from $100-$600 depending on the offer and how much money you have to work with. .

Now of course, there are a few downsides to doing this…they aren’t major, BUT, this is what you need to watch out for:

1. The first is that some banks will require you keep a minimum average balance, otherwise they’ll charge you a maintenance fee. 2. The second downside is that most of these accounts aren’t offering you a 2.25% interest rate like accounts such as Marcus by Goldman Sachs or PNC bank. This means that you LOSE that 2.25% interest rate in exchange for getting a larger cash bonus…however, in almost every circumstance, the short term bonus you get is worth substantially more than the interest you’d get just keeping it in another account. So the net profit is going to be worth it. 3. And finally, this takes a little more time to do this than just signing up for a credit card…opening up a bank account is slightly more involved, not by much if you can do it all online…but it still takes a little work. I

These are the offers mentioned in the video:

Chase Bank - Up to a $600 Bonus: https://www.doctorofcredit.com/best-bank-account-bonuses/

Citibank - Up to a $600 Bonus: Deposit $5000 and keep in there for 60 days for $200 Bonus: https://banking.citi.com/cbol/18/checking/200/default.htm?BT_TX=1&ProspectID=76E41F6A665C4DEA937DD9EBDFB37933

Deposit $15,000 for 60 days and make a direct deposit and receive $500: https://banking.citi.com/cbol/18/checking/500/default.htm?channel=ps&promo_ID=4CY5L9V843SALO&cmp=KNC~02~190102~BANKACQS~Google~DP1~Checking~500&gclid=EAIaIQobChMI8PSDtcDd3wIVaCCtBh1ncQrnEAAYAiAAEgLZAPD_BwE&BT_TX=1&ProspectID=6C1C327C6014474FBD91247A8E889F82

Deposit $50,000 for 60 days and they’ll give you $600. https://banking.citi.com/cbol/18/checking/600/default.htm?BT_TX=1&ProspectID=91868EE0EE934DF691DBC01CCB9E04E8

Capital One 360: Deposit $10,000 and receive $200 within 60 days: https://www.capitalone.com/offer200/

PNC Bank: Earn $200 by arranging qualifying direct deposits of at least $2000 and making 10 debit card purchases on your account: https://www.pnc.com/en/personal-banking/banking/checking/campaigns/vw-tiered-offer-dot.html

Or, you can earn $300 by arranging those direct deposits of $5000 or more and making the 10 debit card purchases: https://www.pnc.com/en/personal-banking/banking/checking/virtual-wallet.html

Bank of America: $200 Bonus Open an Advantage Plus Banking and deposit $100 or more, they’ll give you $100 bonus. https://promo.bankofamerica.com/chooseyourchecking1/offer/

List of many more: https://www.moneycrashers.com/best-new-bank-account-promotions-offers/ https://www.bankrate.com/banking/best-bank-account-bonuses/#bank-bonus-0

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Favorite Credit Cards: Chase Ink 100k Bonus Point Offer - https://www.referyourchasecard.com/21/ZVSGGIXM8U American Express Platinum - http://refer.amex.us/GRAHASOxHd?XLINK=MYCP

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