EDITOR’S NOTE: Matt is on vacation until at or around January 1, 2026. Until then we have guest posts, today’s post is brought to today’s post is brought to you by John from Bank Account Bonus Central, his second of the season. Special thanks for the post!
Recently, Matt posted on one random Tuesday talking about the 10 Commandments of Churning.
I’ve been a participant in Churning Adventures since 2017 and a tour guide on Churning Adventures since I started my YouTube Channel in 2020. I decided to round out these 10 Commandments in no particular order:
- Understand the“Golden Rule”which is, He who has the Gold makes the rules… the one who pays out is the one who decides which hoops you need to jump through to get paid, and how to interpret words like “new customer.”
- Understand that YES banks and pretty much everywhere else pay you NOT to be loyal to them but to be a NEW or repeat NEW customer.
- Understand that once you get approved for a bonus, there will be another offer that will be either better or worse than what you signed up for.
- Understand that pigs get fed and hogs get slaughtered… taking too much advantage will get you shut down. These are to be kept as badges of honor, bragging rights, and data points.
- Keep accurate records of when you open and close your accounts, and for ANYTHING you sell to buyer groups, a lack of doing this WILL come back to haunt you!Speaking of buyer groups or plans to meet minimum spend, Always have a backup plan, as things can and WILL change rather quickly with methods of spending.
- Understand there will always be Karens who make up rules just because they want to and don’t always understand the rules…. that’s why self checkout was created.
- Always be probing to see whatopportunities there are that are not advertised, and understand that Terms and Conditions are only advisory unless you’re in legal mediation or in a court of law.This is why BBB and CFPB exist.
- Understand that YES, there are a whole bunch of acronyms involved if you choose to get involved in this fun and profitable game. BAU is what you always want…
- Jump on the best deals as they get nerfed rather quickly. Take full advantage of Venture Capital, as those are the easiest deals to get approved for, and they may not always last.
- Subscribe to sites like Bank Account Bonus Central and MEAB to learn of opportunities and mindsets required to be successful.
For a more entertaining video version of these commandments. See this video here: https://youtu.be/VpFQHGq0gXg
– John
Next time: The surprising math behind the 10 wings of churning.