Anyone bonus whore credit cards?What are the decline rates doing that?

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  • BrentCrude
    SBR MVP
    • 11-16-05
    • 4665

    #1
    Anyone bonus whore credit cards?What are the decline rates doing that?
    The new rage is people taking out credit cards to get bonuses where you get the card,spend a few bucks and get $100 bonus.Then people either don't use the cards or else they cancel them.Anyone here try this bonus whoring thing out?

    I suppose in the long run it screws your credit worthiness and credit score doing this stuff.I have a great score but never borrow or take out credit so I'm an undesirable to credit card companies and will probably be declined.It's funny how they prey on college students with no income and just government loans.Talk about a dirty little secret that the government doesn't like talking about.If the same kid was eating too many Big Mac's in a week,they would tell him to modify his or her behavior.
  • rm18
    SBR Posting Legend
    • 09-20-05
    • 22291

    #2
    Bank Of Amercia keep the change debit card. Sign Up near the end of the year as it is a special 3 month promotion worth up to $250 a year. So you can get a quick $500. The best way to do this is to pay your cell phone bull in $1.01 increments. Then you get $.99 in your bank account each time. So it only costs $10 to pay $500 on your cell phone bill.
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