1453
6 min 14 sec

Q&A: How to earn from a directory of bank signup bonuses?

Today’s caller earned $300 from opening a bank account, and it got him thinking: free money is good! Might there be a way to earn even more by helping other people take advantage of these incentives?
Q&A

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What It's About

A listener seeks to capitalize on incentives for opening bank accounts.

Notes from Chris

Episode 1453
Today’s listener earned some money from opening a bank account, and it got him thinking: free money is good! I’d like more free money. And might there be a way to earn even more by helping other people take advantage of these incentives?

I like where he’s going with this. I’ve opened a lot of accounts over the years in response to various offers. Some of them can be $500 or more, although most aren’t quite that large.

Still, the question is interesting because we have to figure out how to monetize the part where you’re sharing the information … can you sell that info directly, or is another approach better?

"Hi Chris, this is Trevor from Twin Falls and I’ve been listening to the show for a couple of years. I just earned $300 from opening a new checking account at a bank. Looking online, I see there are more offers like this. Is there anything wrong with applying for a bunch of them? I know you have to jump through some hoops to get the incentive, but for $300, it was worth it. Now I'm thinking there's a business opportunity here to publish some sort of directory and update it with the most current offers.

But how would I get paid? It doesn't look like the banks offer much in the way of referral bonuses, or if they do, they have a cap on the number you can receive. I feel like this could be a good project. What do you think? "

Listen to today's episode to learn more...

 
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Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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