Money | Credit Card

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

Who doesn’t like free money?

Irtiza Hafiz
5 min readOct 16, 2023


Photo by 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.

The end goal, however, is the same: Spend X dollars in Y months to get Z dollars back.

In other words, apply for new credit cards with no annual fee, spend on it for a few months, and get free money back.

Key Pillars of the System

I recently wrote about how such a SUB system can mess with your head. It really can!

That’s why in this strategy I have a few strict rules:

  • Realistic spend requirement
  • No annual fee cards

You won’t see any travel credit cards here.

If you employ the SUB strategy with annual fee travel credit cards, you will get exponentially more money back.

However, that comes at the expense of a much higher spending requirement and the need to actively think about annual fees, as well as go through cancellation processes after the first year of card ownership.



Irtiza Hafiz

I write about tech, productivity, intentional living, sustainability, personal finance, heath and other topics related to personal growth.