Credit Card LifeHack: How to travel anywhere for FREE with just a few minutes of work

Also known as Credit Card Churning, one thing I’ve been doing for fun on the side is racking up credit card points. I’ve been able to fly to Canada to visit family multiple times for completely free, literally just by opening up a credit. I have enough points now to fly round trip first class to pretty much anywhere in the world, and stay a few nights at a world class resort, all for free, and this only took a few minutes of my time. Here’s how. Add me on Snapchat/Instagram: GPStephan

One thing most people don’t know - you can actually profit, quite a lot, from credit card sign up bonuses. Lets face it, credit companies make money off people who carry balances and don’t pay off their bill. The interest credit cards charge is astronomical and most people lose a ton of money every year to credit card interest payments. So to lure people in, credit cards will offer a sign up bonus. Usually if you spend a few thousand dollars in the first few months of opening a card, they’ll give you a certain amount of points- this is called the minimum spend. Once you hit the minimum spend, those points are deposited to your account and can be redeemed for travel, hotel, or sometimes it’s cash.

1. Credit Cards make money off people who charge money on the account and don’t pay it off in full. Do not be that guy (or girl) who keeps a balance on a credit card and pays interest. To do this effectively, charge the minimum spend needed to hit the bonus - with money you would have spent anyway - and pay it off in full.

2. This is not for beginners. If you’re just starting out, do not do this. This is meant for someone with already established credit history and a good credit score.

3. . This is not for people who can’t responsibly handle credit card. Do not buy things you wouldn’t ordinarily buy just because you have more credit.

4. Credit Card bonuses can be redeemed for free travel, free rental cars, free hotels, cash back…the possibilities are endless. It costs you nothing other than spending money you would already be spending, anyway.

5. The best ways to use these points is by transferring the points to an airline and then booking directly with the airline. Usually booking plane tickets through the credit cards portal offers you a lower rate.

Using this strategy, and browsing reddit, I’ve made thousands in points and gotten free airfare, travel, and hotels for free with almost no work. Do this correctly and you can continue building your credit while getting free stuff at the same time.

Favorite website:

My favorite cards:
4. Chase Sapphire Preferred

Suggested reading:

[GrahamStephan]

The timing of this video worked out way too perfectly. By random chance (I filmed this video last week), I booked a free ticket last night using credit card points, to visit family in Canada and flew out this morning…I’m posting this between a layover from a Denver Colorado airport lounge where Priority Pass/Chase Sapphire Reserve got me complimentary access, a free truffle burger, fries, dessert, and nitro iced coffee. Check out my snapchat to follow the adventures ;) GPStephan

[BradyJ]

I find your channel beneficial. Credit is something that should be taught in schools. You would make a superb credit professor.

[JW-hymd]

FYI you cannot downgrade your Amex Platinum to a $0 annual fee card. The lowest you’d be able to downgrade would be to the Green card which has a $95 annual fee.

[MrApple]

I literally learned so much from you than attending uni for 6 years. I got approved for American Express gold card and saving account since yesterday, the card is on its way. Your information is priceless and I’m glad that I found you on YouTube. Thank you so much sir.

[tntkff]

"..but you're smarter than that, and you're not gonna do that..."

me:

[SWProspector]

One thing you might look into is opening cards in the name of each of your LLCs. This will will allow you to get the bonus multiple times as each LLC gets a card. You still have to co-sign but the small ding is even less on your personal FICO.

[GetEmbarressed]

Those eyes. My lord I can see that white circle

[jcardozo]

Got my first credit card and I did the exact opposite. Spent money on stuff I don’t need, for the points lmao but you gotta fail to learn, I’ll be on my way to the top soon!

[iTzMikester]

Just got the platinum and it’s free for military! Great video. Got good advisors on my side now so no bad debt for me anymore

[indexplus]

Great video. Tell us the downsides too, so we can be prepared. Do the points expire and typically when?

[johnbaxter]

Amex gold just arrived in the mail today. 50k points on the way. Second card at 19 years young with a 740 credit score. First credit video really helped Graham!

[Rose-eget]

Cashier: okay and how will you be paying today?
Graham: *staring at 50 different credit cards* 😅😅😅

[christianseely]

My favorite video yet. I love stuff like this. Please keep up the content. Great work. Will put this info into practice myself.

[revivalinchrist]

Hey GrahamStephan, I've been on youtube for probably 7-8 years now and you are the ONLY guy that I ever subscribed to! I watch every single video that you upload, but the problem is that I live in Quebec, Canada and most of the stuff that you say can't be applied here... For example, to buy a duplex that won't pay much from your revenue because you only have 1 source of revenue which is the person that rent from you, you need a 5% down payment, a triplex would need 10 or 15% down payment which can easily go up to 50 000$ which I do not have the funds because I'm 18. Also, I spoke to someone at the bank and he told me that the revenue that you make from renting it can't count as a source of revenue because you can't guarantee it.

Now you are talking about those credit cards, I've listened to you since the beginning and I've built my credit card since I was 17 the way you said it, but those credit cards are not available here in Canada. Can you please sometimes refer to Canadians in your video? I wish to use your tips but most of the times, it can't be applied here. I will of course search for the same thing that can be applied here, but most of the time, it can't work ... :(

[heywinchell]

FYI, if you're active duty military.. a lot of these annual fees could be waived. They also extend this to spouses as well!

[brandanwhite]

Graham, I couldn't agree more on this technique. I just bought my first multi-family two months ago, so I decided to sign up for the Capital One Venture card. After two months, I already have enough for a free trip to Iceland in January. I always pay the card off in full before the balance is due to ensure I'm not paying their crazy interest rates. Keep up the great work putting information out there!

[rowlinzonvaldeavilla]

Best timing ever! It felt so uncanny. i was just doing my research about getting a reward card on reddit churning and then this video popup. Amazing

[XRXONE]

I think your my favorite YouTuber man. I got a lot of love for you man you show the best stuff and us young people can learn . Thank you

[albeerobert]

Graham, it is because people hold balances on their credit cards that they even offer rewards for credit cards. Meaning if everyone paid off their credit card every month then their would NOT be reward incentives. What you are doing is counter to your interests when you tell people to pay off their credit cards.

[DaveEvansrealestate]

That block of wood you got with the Amex platinum has a groove on the other side of it to hold your phone. It’s a pretty cool as it turns your phone into a desk ornament.