How To Travel The World For Free: Credit Cards 101

Here’s how to travel the world for free, in just the time it takes to watch this video - by using the power of credit cards. Enjoy! Add me on Instagram: GPStephan

The YouTube Creator Academy:

My ENTIRE Camera and Recording Equipment:

This is the secret to traveling the world for free: CREDIT CARD CHURNING
Credit cards will offer incredible bonuses JUST for signing up for their credit card. People who understand the art of how the system works, can use this to their advantage by signing up for said credit card, meeting the minimum requirements to get the bonus...then GET the bonus, redeem that for all types of free travel, and then move on to the next card and repeat the process again. That’s how I’ve been traveling anywhere I’ve wanted to go, entirely for free.

Now when it comes to doing this, there are some VERY important rules that must always be followed in order to practice this successfully, this is what they are:

First, NEVER spend ANY money you wouldn’t ordinarily spend.
The correct thinking is: I’m going to put my normal, every day spending on this credit card until I reach the requirement…then I’m going to get the bonus, for money I was going to be spending, anyway.

Second, never pay any credit card interest.
For almost EVERY credit card out there worth getting, you are ONLY charged interest if you don’t pay off your balance off IN FULL by the time it’s due. So ALL you need to do is NOT spend money you don’t already have, and then pay off your credit card in full…then you pay ZERO interest.

Third, DO NOT DO THIS if you’re about to get a loan on a house, or a car.
This is because there IS a very mild impact on your credit score each time you apply for a credit card. Expect that opening up a credit card might lower your score anywhere from 3-10 points temporarily. This is no big deal for someone dropping from a 730 to a 724, or for someone who isn’t planning to get a mortgage or a car loan in the next 8-12 months - it isn’t going to make any difference to you.

Fourth, canceling the card:
And my answer is always this: it really depends on the card. If the card does NOT have an annual fee, I will ALWAYS keep it - no matter what. There’s zero downside to keeping it open, so you may as well just enjoy it as an extra credit card, even if you rarely ever use it. And on the cards that DO have fees - it really just depends if I get value from the card or not. If you’re not going to get the value for the card after the first year, and it has an annual fee, close it. If you will get value from the card and find it worth it, then keep it open.

Because these offers change frequently, if you’re watching this video after June 2019…I would recommend checking out the following sources which list the BEST offers each month, and keep a current up-to-date list:

In addition to that, you have two Youtube channels I watch all the time:

The American Express Gold Card 40k or 50k Point Offer:

The Chase Sapphire Preferred credit card:

The Chase Ink Preferred Business (THIS ONE IS MY REFERRAL LINK):
If you don’t want to use my link, here’s the chase link directly:

The AMEX Hilton Honors:

So as you can see…these free rewards REALLY start adding up quick. Start small, get one credit card bonus at a time - slowly scale up as you get more comfortable with it, and pretty soon you’ll be traveling around the world, getting free hotels, and smashing that like button in every country!

[sristammaharjan]

I love you for being straight up honest. There are other youtubers who are only trying to make profit and make up lies to get views, but you are very real on the things you say. Keep it up man, very inspired by you!

[grannygoes]

I did this for years and it does work. I traveled for free for basically as long as I wanted to. It is kind of a full time job keeping track of your cards and which one you should use and which ones you've already used. My problem now is I don't spend money anymore. I'm financially independent, have no debt, and very few bills. I wouldn't have 3, 000 worth of expenses to put on a card now so this doesn't work for me. I think it's far easier to just pay for your plane ticket when you want to go somewhere than work this racket. But I'm old now and just want things simple.

[dcnfsu]

I watch Doug for Vehicle break down and your channel for finance breakdown and these days for background when cleaning or eating. Fire material thankyou!

[andromeda.sacr]

VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *Linux tech corps* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well

[singbike]

Thank you - you explained this very well and made this easy to understand. I'm just learning about this and it can be overwhelming, but you made it much clearer.

[sra]

After about 5 try’s I finally got accepted for my first credit card! I’m gonna rewatch all your videos and try to come up with a strategy or plan to be able to get a high credit score quickly! Thanks Graham. 😊👍

[kdawg]

I agree with you graham. I got a AMEX platinum (free for active military) and I spent the minimum requirement for my daily expenses. I even helped my relatives to buy stuff so I can hit my goal since I don't spend a lot. I just don't understand how and why some people don't know how they can't make it. That is always strategy etc. to meet the requirement. Just wait till you need to buy big purchase and get this card and you are golden

[watcherofyoutube]

You’ve truly opened my eyes to all of the possibilities I have now, tysm man!

[jinwoolee]

Wow, I was just searching online for credit card or banking promotions today and wished that there was a video on this. What perfect timing! Thank you Graham. Please keep up the great work! Love from Canada 🇨🇦

[LiamThompsonOfficial]

Man the credit card options aren't so awesome in New Zealand! Loved the video though as per usual though Graham :))

[alejandrorodriguez]

I love you G! Been watching forever but the value on this one is incredible! Subscribed.

[mouseroom]

Thanks for the video! Watched to the end

[CleverProgrammer]

I applied for the Gold Amex card w/50k offer and got approved. Thank you so much Graham. You are a legend.

[gisellyoun]

Thank you! ☺ I think it is important to be honest about money discussions. Too many people never discuss about money in order to not offend others but no wealth can be built on ignorance.

[virtualfitnesstv]

Fantastic video. Thanks for the details and wonderful travel informations. Great work.

[luigir]

This is a great intro into looking this further. Thank you

[BillyMcBillface]

I got my first credit card in the mail today. Thanks to being a part of my dads account as an additional card member, I have an insane limit. I can’t wait to pay for some memberships to things like Apple Music and Spotify like I usually would and then just pay it off with my debit card to build credit. I’ve coincidentally been binging your videos the last few days and I’m happy I did because I have a better understanding of credit cards now. Thanks.
PS sorry for the long comment.

[wh]

Every Country have a different offer / package, even if it's from the same Bank.

So in your case, it only works in US.

[thiagovilla]

This is so good I want to subscribe--and I'm _already_ subscribed

[waz]

Thanks for the great tips in the video!