Discussion Just Earned Me 'Nother Quick $100

[igor_kavinski]

Found another bank bonus for $500

How does this work? Once you get the bonus, you close it after transferring the bonus to your main account? Or do you have dozens of accounts now?

 

[Lost_in_the_HTTP]

They usually require a minimum of six months before you close an account without penalty. I'm at about six checking accounts and seven or eight credit card accounts. None of them cost me anythng as i make sure there are either no recurring fees or that I can meet their ways to avoid fees (balance, number of transactions, age, etc.).

I try each one for a while doing bill pay or other tasks. I see how the recurring rewards work and how customer service answers or solves any problems that come up. Eventually, I'll go through and close all but what I really need. I figure that if they going to give me a few hundred dollars, I'll give them a fair shot.


Some will let you get another bonus after a year or two.

 

[Lost_in_the_HTTP]

Some of these are really easy. Sign up, make a few transactions within X days and get the bonus. I'd had a few pay out in less than a month. Others make you jump through hoops and wait a few months. Two are completed as far as requirements, but they require the account to be open for 90 days before they pay.

There's one available now that will pay $500, but staggers it over a year, $10 for this, $25 for that, $100 for something else. No way I'll do that one.

The one for $500 I mentioned about just wants at least two deposits totaling $6,000 within 60 days. I can make that happen with some rotations between accounts, but I want the bonus in '23 for tax purposes.

 

[Lost_in_the_HTTP]

The previously mentioned $600 has paid out. Still waiting to see if I qualified for the other $500.

 

[Lost_in_the_HTTP]

Nope. But got the lower tier $300 bonus.

Working on another $400 from a different bank and a smaller $80 incentive from Fidelity.

 

[MrSquished]

From what I hear even Einstein couldn't figure this shit out

 

[Lost_in_the_HTTP]

Around $500 in CC bonuses, $800 in bank bonuses.

Anytime I get any kind of significant discount, bonus (like the above), credit or promotion that saves me money I would have otherwise had to spend, I move the equivalent amount to a special savings account. I'm eligible for a Homestead Property Tax Credit every year for example. Another is a discount if I pay my homeowner's or auto insurance in full.

That account has accumulated around $5,000 this year.

 

[Lost_in_the_HTTP]

The only part that's really income is the bank bonuses. The CC bonuses are rebates/savings off spending and everything else is just savings/discounts/credits off normal spending.

 

[Shmee]

I recently got a Paypal Mastercard and I should get a $150 bonus shortly.

 

[Lost_in_the_HTTP]

Clocked in to a new account that will pay out $350 in a couple of months.

 

[Lost_in_the_HTTP]

^^ That one paid faster than expected.

These bank and CC bonuses, plus various other deals and discounts have allowed me to add around $5K to a high interest savings account this year paying around 5%, which has added quite a bit more to the balance.

I also paid off 5 CC accounts in the last couple of days, leaving me owing on only one with a small balance. I plan to pay that one off by the end of January.

Those balances were/were what was left from a few necessary larger purchases (like auto and home insurance) using 0% interest promos. Something like $5 - 6K charged and paid off without incurring a dime of interest.

 

[igor_kavinski]

These bank and CC bonuses, plus various other deals and discounts have allowed me to add around $5K to a high interest savings account this year paying around 5%, which has added quite a bit more to the balance.

Who is going to be the beneficiary after you are gone? Please don't say no one. I want a happy ending with a happily ever after for someone

 

[Lost_in_the_HTTP]

If they pay out as the promotions say, I'm in for $400 so far this year. Different promos, all for smaller amounts from $10 to $100 each.

 

[Lost_in_the_HTTP]

If all goes according to plan, I should get $1,300 by February.

 

[Lost_in_the_HTTP]

That ended up being $1,500 (I found another one for $200) and all of that is confirmed, but hasn't paid out yet. They tell you when you've completed the requirements and it pays out at the end of the waiting period, usually either 60 or 90 days.

Normally I bank it and draw 4% interest or more. This batch will be used for the mini PC and accessories, plus tires on my old 'Hoe.

Buncha' new stuff for no real cost other than a little time.

 

[Lost_in_the_HTTP]

I've lost track of these, at least what I've posted here.

Working on two more, one for $450, another for $100 that should pay out in Jan or Feb.

 

[Charmonium]

Once I read step one and then see a set of visually unresolved further steps, I feel the donut glaze creeping across my eyeballs.

Just out of curiosity though, wouldn't you be better off just donating plasma - for cash of course. You may have hit the blood donation lottery with a rare blood type and you wouldn't even know.

 

[Lost_in_the_HTTP]

Step one: You put some money in.

Step two: They put some money in.

Step three: You take out more money than you put in.

All with a few mouse clicks.

No needles. No leaking into a bag.

.

 

[Exterous]

Once I read step one and then see a set of visually unresolved further steps, I feel the donut glaze creeping across my eyeballs.

Just out of curiosity though, wouldn't you be better off just donating plasma - for cash of course. You may have hit the blood donation lottery with a rare blood type and you wouldn't even know.

Some of them do require a bit more work but a lot are pretty straight forward. Same for credit card bonuses (assuming you don't carry a balance or buy more than you would otherwise)

 

[Lost_in_the_HTTP]

Should have four of them paying out this week, maybe 10 days for $1,550. Frustrating. The waiting is the hardest part not knowing if the dirty deeds were done right.

 

[Lost_in_the_HTTP]

All posted and tucked away now.

Not finding anything else I'm eligible for right now.