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re: Credit Card Rewards and Points Discussion
Posted on 7/23/18 at 7:53 am to rintintin
Posted on 7/23/18 at 7:53 am to rintintin
Any of yall ever churned bank accounts? Got the $300 checking and $200 savings account offer from Chase and was wondering if there was anything I should know before doing it?
4
Posted on 7/23/18 at 10:25 am to LSUDbrous90
quote:
Any of yall ever churned bank accounts? Got the $300 checking and $200 savings account offer from Chase and was wondering if there was anything I should know before doing it?
I've never churned, but I did use the $300 Chase checking offer for my business checking account.
It took me 6 months of fighting with them to finally get it though. I don't know if that's the norm.
Posted on 7/23/18 at 11:12 am to LSUDbrous90
Doctor of Credit does extensive blogging on churning checking. Might want to check that out.
Posted on 7/23/18 at 3:24 pm to LSUDbrous90
I don’t churn but I’ve done quite a few. Keep in mind though if you do a lot, the bonuses are taxable unlike credit card bonuses.
Posted on 8/7/18 at 11:01 pm to LSUDbrous90
I don't churn bank accounts, but I was annoyed with my former bank and had been getting those offers from Chase for many months and figured why not. I did the 300 + 200 dollar offer with them, and it was easy and painless. I'm glad to be dealing with a real bank, and I got some up front cash to sweeten the deal. 
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