Money | Credit Card

A Simple Credit Card Strategy That Earns You $2,200

Who doesn’t like free money?

Photo by CardMapr.nl on Unsplash

High annual fee credit cards with great point multipliers and insane travel benefits that let you fly business class for free are not for everyone.

It requires time, effort, and great discipline to make the system work.

On the other hand, a simple Sign Up Bonus (SUB) with cash-back credit cards can help you earn thousands of dollars with minimal effort.

Let me elaborate.

What is SUB?

Most credit card companies give you SUB or “Sign Up Bonus” when you get approved for a new credit card.

These SUBs can take many shapes and forms. To explain it better, here are a few examples:

• Chase Freedom Unlimited: Spend $500 in 3 months to get $200
• Chase Freedom Flex: Spend $500 in 3 months to get $200
• Wells Fargo Autograph: Spend $1,500 in 3 months to get $300
• Capital One SavorOne: Spend $500 in 3 months to get $200

As you can see, the spending requirements, time limit, and reward points vary from offer to offer.