This is not a particularly high ROI hobby given brainsweat, and has non-trivial execution risk. I do not recommend it to you, especially if you work in tech and/or have a business, because both are better uses of your time.
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Something about the combination of something-for-nothing and the fact that the consumer credit industry is so lucrative in the US that it will pay four figures to write to a DB makes it *very* attractive to people, though. I also think vicarious stick-in-to-The-Man a factor.
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An adjacent subculture, and one which is probably more relevant to your interests, is people who do not aggressively do security research against the credit card industry's marketing offers (and churners *totally* do that) is folks who optimize credit card use.
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The *optimization* part of that goes arbitrarily deep and, much like optimizing your backend performance, should not be the priority for most people who do it. That said, "Get a rewards card and use it for everything you can" is really simple to execute on.
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As always, my musings on finance and the credit card industry may not match that of other players in the credit card industry, including my employer or any of the transient conflicts of interest gained thereby, which is (to a first approximation) "all of them."
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what is this and how can I make the rest of my life about it?
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Noooooo! Don’t do it! Don’t do it! If you’re good enough to make minimum wage doing this sustainably the world needs your talents applied to almost any problem!
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A subculture very closely related to churners: Frequent flyers. There are people who find cheap flights and take flights just for the points. (Common jargon: A "turnaround" booking is where you fly a round trip all on the same plane, disembarking and then immediately reboarding.)
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There's one individual who is famous in an Air Canada forum for taking a week off work and spending it taking 70+ flights -- he literally wrote code to find the optimal schedule to maximize points/day.
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My mom is an expert at this. Raising 6 boys was a lot easier with permanent 0% interest.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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