. Pursuing Credit Card Rewards
While you may not associate credit cards with any type of “hobby,” there is actually an underworld of individuals who pursue the best credit card offers for cash back and travel rewards like it’s a part-time job.
If you have a good strategy, it’s easy to earn several hundred dollars per year in rewards or thousands of miles using the best airline credit cards, but your earnings can skyrocket if you go after signup bonuses.
Let’s say you got the Chase Sapphire Preferred® card in order to earn a hefty signup bonus of 50,000 points worth $500. To score this deal, you would need to spend $4,000 on your card within 90 days of signing up.
While that might sound like a lot, it may not be when you consider the myriad bills you could be paying on credit – things like groceries, gas, utility bills, insurance, daycare, and even college tuition! Better yet, this card also lets you earn 1X points on everyday spending and 2X points on travel and dining (making it one of the best credit cards for travel).
If $4,000 is too much to swing within 90 days, you should choose a card with a lower minimum spending requirement.
The Chase Freedom Unlimited℠ Card is a good option for free money because you’ll earn a $150 signup bonus after using it for just $500 in purchases within 90 days. Almost anyone could do that! Plus, you’ll also earn a flat 1.5% back in cash for every purchase you make.
Are you ready to make money from your hobby? Now’s a good time as any to get started
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