I open new checking accounts and credit cards for the rewards 😂

@katierainee

12.5K followers · usually 1.6K views a post

Views

201.5K

Likes

16.2K

Comments

435

Shares

1.7K

SoundTikTok sound · Instant Eternity

Promoted product

USA A

Why it worked

The video tapped into a common desire for 'free money' and provided a relatable, actionable strategy for earning it through bank sign-up bonuses. The creator's personal experience and clear explanation made the concept accessible and aspirational.

Summary

The creator shares their strategy of opening new checking accounts and credit cards to earn sign-up bonuses, aiming to use this free money to pay down their mortgage. They mention having multiple accounts with banks like USA A and Chase, highlighting the benefits of taking advantage of these offers.

Structure

1Opening new accounts for rewards
2Having multiple credit cards and checking accounts
3Receiving a $500 bonus from USA A
4Using free money for mortgage payments
5Mentioning Chase as a source of good offers

Original caption

I love free money 😂 #creditcards #checking #freebies #free #money

More from @katierainee

Product placement

USA A: acts - offers a new checking account with a $500 bonus after first direct deposit. Removing it would change the video's narrative about earning money. Chase: acts - the creator has 5 credit cards and main checking accounts from Chase, and gets good offers from them. Removing it would change the creator's personal financial strategy narrative.

On-screen text

I open new checking accounts and credit cards for the rewards 😂

Transcript

One thing about me is if I see a good offer to open a new checking account or a new credit card, I'm gonna do it. If they'll give you a few hundred dollars just to open the account, I have good enough credit, I'll keep opening accounts. I don't care. I haven't been rejected yet. I have 11 credit cards and three checking accounts. Um, I just got an offer from USA A to open a new account and they're gonna give me $500 after my first direct deposit. So I temporarily switched my direct deposit to this account and within two months, I'll have a free $500 just for opening the account. I'm trying to pay down my house, so anytime I can get extra random money like that, um, I love getting free money. I mean, it wasn't reason, took me a few minutes to set up this account and I'll just have free 500 bucks for it now. So, um, if you can get qualified for it and you're not financially irresponsible, um, I highly recommend going for every single account you can and getting all the free money that all these places will offer you. I've gotten a whole bunch from Chase. I think I have five credit cards from Chase because they often times have really, really good offers for credit cards and things. My main checking accounts are from Chase, so I get really good offers from them. And I just keep doing it. And I don't plan on stopping. Um, obviously if we do too many too fast, they'll start probably rejecting you. But I've done this over years and years and years. I'm 29 and I've probably realistically it's been like one or two a year. But when I see really good ones, I'm gonna do it.