All of this churning brings back memories of the show extreme couponing. Yeah, you can save alittle but when you step back, your time is worth way more. Just having something that occupies my mind for a few hundred extra savings seems like going after the highest hanging fruit.
This is my set up.
1. Costco Visa for all personal stuff - 1% back, no fees. Avg about 2k cashback a year.
2. Chase business Premier for all business stuff- 2% back on everything, 2.5% back on 5K+ purchases, $200/yr fee. Signed up this yr, $900 bonus so covers 4.5 yrs in fees. In 4 months, I already accumulated $2100 cash and should hit $4k cashback this yr total
3. Amazon Visa linked to amazon account - 5% back on amaz, no fees. I avg about 5K cash back a year.
So in total, I will get about 10K back a year just carrying 2 cards. Costco persona, Chase business, amazon linked with card staying home.
Could I get 2-3k more a year churning, pulling out cards for different occasions? Sure. But what a beatdown carrying so many cards and keeping track of everything. I rather go work a shift than clipping coupons or churning cards.
To each their own and I sense some people love churning and get a thrill out of the little savings they get similar to coupon clipping. But my time is way more valuable where I can get the low hanging and not the high hanging fruit.