Guest Post from Doctor of Credit: Bank Account Sign Up Bonuses
(Disclosure: Will from Doctor of Credit emailed me about doing a guest post for each other’s blog and I said that would be a cool idea. If you are interested in doing a guest post, please send me an email.)
If you’re a regular Travel with Grant reader like myself then chances are you’ve made a heap of points, miles and cash from various credit card sign up bonuses. Unfortunately you’re limited by the number of cards you can apply for and be approved for because you receive a hard credit pull every time you apply. Manufactured spending can be a great way to fill in the time between app-o-ramas, but my favorite thing to do to take the edge off is to make some extra spending money from bank account sign up bonuses.
Why I Love Bank Account Sign Up Bonuses:
- The majority of them don’t require a hard credit pull, only a chex systems inquiry.
- They pay cash, which is much more flexible than points and can be used for spending cash for your travel holidays.
- They compliment credit card sign up bonuses. E.g, the Chase Freedom gives you a 10% bonus on all points earned if you have a Chase checking account open. A lot of checking accounts also allow you to fund the initial deposit with a credit card which is perfect for helping to meet some minimum spend requirements or some light manufactured spending.
