---
title: 'ULTIMATE Beginners Guide To Credit Card Points Hacking In 2025 (Updated)'
source: 'https://youtube.com/watch?v=M-nkvmVCBKk'
video_id: 'M-nkvmVCBKk'
date: 2026-06-30
duration_sec: 1290
---

# ULTIMATE Beginners Guide To Credit Card Points Hacking In 2025 (Updated)

> Source: [ULTIMATE Beginners Guide To Credit Card Points Hacking In 2025 (Updated)](https://youtube.com/watch?v=M-nkvmVCBKk)

## Summary

The video presents a step-by-step guide to credit card churning or points hacking—a process of leveraging sign-up bonuses to accumulate frequent flyer points and travel perks. The creator, drawing on nearly a decade of experience, explains how to select the right cards, meet spending requirements, and cancel cards to maximize rewards without incurring debt.

### Key Points

- **What is credit card churning?** [0:00] — A process where someone uses credit cards to take advantage of sign-up bonuses to accumulate frequent flyer and other reward points, aiming to make money from the value of the bonus rather than paying interest.
- **Four factors for choosing a card** [2:43] — 1) Rewards & benefits (sign-up bonus and extras), 2) Annual fee, 3) Minimum spend required, 4) Waiting period (typically 12 months since last similar card).
- **Valuing frequent flyer points** [4:41] — Point values vary by redemption: gift cards ~0.5¢, hotels ~0.8¢, economy reward flights ~1.5¢, first class up to 5¢. Creator conservatively values points at 1.5¢ each.
- **Tips to meet minimum spend quickly** [10:00] — 1) Pay family bills (reimbursed via bank transfer), 2) Use third-party payment platforms (e.g., Sniip, RentPay) for bills that don't normally accept credit cards, 3) Buy gift cards—especially during promotions—to pre-purchase future spending.
- **Cancellation and pro-rata refund** [14:14] — After receiving the bonus, pay off the card, cancel over the phone, and request a pro-rata refund of the annual fee. While not guaranteed, the creator shows an example of getting a full $375 refund on an ANZ card.
- **Impact on credit score** [15:46] — Opening and closing cards does not necessarily hurt your score. Key factors: repayment history (60%), inquiry frequency (30%), credit history (10%). The creator maintains a 'keeper card' to show long-term history and closes cards before new applications to offset hard inquiries.
- **When to cancel and reapply** [18:28] — Cancel the card before applying for a new one. For beginners, churn 3-4 cards per year (e.g., Jan, Apr, Jul, Nov) leaving 3 months to meet spend criteria.
- **Do sign-up bonuses expire after closing?** [19:46] — Frequent flyer points (Qantas, Velocity) do not expire on card closure but expire after 3 years of inactivity. Bank-specific rewards (e.g., Amex) may expire 30 business days after closing the last card; spend them before cancellation.

### Conclusion

Credit card churning can provide significant travel rewards and cash value if executed correctly—by choosing high-value bonuses, meeting spend requirements through natural or strategic spending, and canceling cards promptly. Success depends on disciplined spending, understanding credit score mechanics, and staying organized with application dates.

## Transcript

all right so you've just clicked on this
video that I'm confident will change
your life for the better by following a
simple four-step process this credit
card can affect whether you sit in the
back of the plane in cattle class
cramped and uncomfortable to sitting in
the front of the plane all completely
for free in business class being served
food and drinks this video is going to
be completely free and is made up of my
near decades worth of experience
learning this process doing it and still
practicing what I'll be talking about in
this video to this very day by the end
of this video you're going to know
everything that you need to know about
this process which is otherwise known as
credit card churning hacking or Point
hacking so what is credit card Journey
well put simply it's a process where
someone uses a credit card to take
advantage of sign up bonuses to
accumulate as many frequent flyer points
and other Reward Points as possible now
credit card companies will always offer
large sign up bonuses in order to entice
new customers to sign up to their cards
now you might be wondering what's in it
for these companies are they just doing
it out of the goodness of their own
Hearts well not exactly what these
credit card companies are hoping will
happen is that you'll sign up for these
cards overspend with your new credit
card and then not pay off the balance in
full every single month and as a result
will'll make money off the interest that
they'll charge you credit card churning
is a process that attempts to avoid this
scenario happening and instead to
collect points and profit from the value
of the signup bonus you can essentially
think of it as a way of using credit
cards to actually make you money the
process follows a very simple four-step
process first you research which card to
sign up for next you apply for the card
and then you make the minimum spend
required to receive your sign up bonus
and then once you receive it you cancel
the card once you've gone through each
of these steps it's essentially a
process that can be rinsed and repeated
we'll go over each of these steps in
detail and at the end I'll also talk
through some frequently asked questions
that are always receive like how this
impacts your credit score so make sure
you stick around to the end to find out
the answer so the first step is
obviously going to be choosing the
credit card that you're going to be
signing up but with so many out there on
the market which one do you choose and
don't worry I'll share with you a list
later of my favorite credit cards to
sign up for now whenever I'm deciding
which credit card to sign up for next
there's always four factors that I take
into consideration first and foremost
probably the most important factor is
the actual rewards and benefits now
benefits can be split into two
categories firstly the sign up bonus
that you'll receive as a new customer
and then extra benefits that come along
with the card itself what type of signup
bonus you receive will depend on the
credit card program sometimes it's
Frequent Flyer points like quantis or
velocity or other times it's Bank
specific membership points which can
then be redeemed for flights hotels and
gift cards and other times it's just
cash back directly into your pocket
other benefits that come along with the
card can include things like Lounge
passes at the airport complimentary
insurances and reduced Annual fees I
always recommend to look through what
each card offers and decide what's
important to you and your goals if
you're looking to travel overseas next
year then you might want to focus on a
credit card that rewards you with
Frequent Flyer points if you're someone
who doesn't like to travel then perhaps
just focus on credit cards that give you
cash back or gift cards that you can
then redeem when you do your next
grocery shop when going through the
benefits I also recommend to try to
determine the dollar value that you'll
be receiving from this card and this
will become extremely important when we
talk about the next factor that we
should be considering now sometimes the
dollar value is straightforward to
calculate but other times it might be a
little bit harder for example the azed
frequent fly black card has a sign up
bonus of 90,000 quantis points plus $200
cash back now the $200 cash back is
obviously straightforward to Value but
how do we know how much those Quantus
points are worth now with frequent fly
points there there are multiple ways
that you can use your points so to give
you a rough estimate of what each
frequent flyer point is worth based on
what you redeem here's a rough breakdown
by far the worst Redemption value is
going to be redeeming your points from
gift cards or purchasing products at
just 50 cents per Point booking hotel
rooms usually gives you around 80 cents
in value whilst booking reward flights
will vary between 1.5 cents when booking
economy flights or all the way up to 5
cents when booking first class flights
so those 90,000 quantis coins could be
worth as little as
$450 or as much as
$4,500 now I like to be a little bit
more conservative when valuing my
frequent fly points so I typically value
it at 1.5 per point because whilst it
can be worth a lot more it's a lot
harder to find business class reward
seats let alone first class reward seats
so in total when we add in the $200
cashback offer the total value that we
receive from the a andz frequent fly
black card is approximately
$1,550 the second factor to consider is
the annual fee of the credit card every
credit card that offers any type of
rewards will typically have an annual
fee that will need to be paid and
generally speaking the higher the credit
card sign up bonus the greater the
annual fee the a andz black card for
example has a an annual fee of
$425 which can seem quite high if we
look at that in isolation but when we
look at how much value we'd be receiving
from the sign up bonus you still end up
ahead over
$1,000 the third factor to consider is
the minimum spend required to receive
the sign up bonus every credit card has
a minimum spend amount that you need to
achieve usually within 90 days from
activating your card ideally we want the
minimum spend to be as low as possible
this way we can meet that minimum spend
easily within the 3 months or quicker
remember the goal is to rinse and repeat
with credit card churning so the quicker
the better my word of advice when it
comes to credit card churning is to not
spend on things that you don't need just
to meet the minimum spend criteria this
is the Trap that Banks want you to fall
into and this will actually negate the
value that you receive from that sign up
bonus later on in the video I'll share
with you some tips that I've picked up
along the way that make meeting your
spend criteria really easy the last
factor to consider is the waiting period
nearly all banking institutions will
have a policy where you can only receive
the credit card signup bonus if you
haven't held a similar card in the
previous 12 months these policies can
change between Banks so it's always
important to read the terms and
conditions and product disclosure
statements a lot of banks whilst they
operate operate under different names
fall under the same parent company for
example with the St George Platinum Card
the policy states that if you're an
existing customer who's held credit
cards with St George Bank of Melbourne
or Bank of South Australia you aren't
eligible now I know sifting through all
of this information can be a lot of work
so here's a list of my favorite cards to
sign up for which in my opinion are good
options I've separated them all out
based on the different typ types of sign
up bonuses that you might be interested
in so there should be something for
everyone now it's important to note that
sign up offers from credit card
companies change all the time so in
order to stay up to date with the latest
credit card deals and offers I
personally like using comparison sites
like rewards.com which easily which
summarizes all the points that we just
went through alternatively you can use
sites like finder.com or point.com or
just watch some of the videos that I
post regularly alternatively you can
also sign up to my free Weekly
Newsletter where I share the latest
credit card updates and offers to my
readers the next step in the process is
to actually apply for the credit card
now the application process is pretty
straightforward and usually takes around
10 minutes you'll need some form of
identification to verify your identity
online which can come in the form of
your driver's license and your Medicare
card and proof of in income documents as
well like your pay slips if everything
is fine you'll usually be preapproved
instantly with final approval coming
between 1 to 5 business days after that
the actual credit card usually arrives
in the mail within five business days
the third step is to actually begin
using a credit card to meet the spend
criteria remember I aim to meet my
minimum spend criteria as quickly as
possible if you can reach it within the
first month of activating your card with
just your usual spending habits then
great but this isn't always achievable
as more premium credit cards will
typically have higher spend criterias
attached to them and can be as high as
$6,000 or more now $6,000 is a lot of
money especially if you're single and
trying to be frugal and not spend on
unnecessary things now aside from doing
the obvious and paying for everything
using your credit card here are three
tips that I've picked up along the way
that help me meet my spend criteria and
the last one is my favorite pay for your
family's bills whenever my family have
any bills due like their quarterly water
bills electricity bills I always offer
to pay for them now obviously my family
members will always pay me back via bank
transfer but by doing this method you
can immediately slash off several $100
of your minimum spend criteria for
example my partner just recently paid
off her mother's annual home insurance
bill which is over
$1,000 the great thing about these large
quarterly bills is that most of the time
I've also found that they don't actually
charge any additional fees to pay them
using a credit card as well now
unfortunately sometimes not all bills
and payments always accept credit card
as a form of payments on top of this
credit card companies often don't count
specific payments toward your minimum
spend criteria
these typically will include payments to
the ATO and bpay payments however you
can get around this by using my second
tip which is to leverage a thirdparty
payment solution these are payment
platforms like snip or rent pay which
allows you to make payments for bills
that typically don't accept credit cards
as a form of payment all that might not
typically be counted towards your
minimum spend criteria using these
Services essentially still allows you to
use your credit card and have that
payment count towards your minimum spend
criteria however it is important to note
that a lot of these third party payment
platforms will typically have added fees
on top so you'll need to weigh up in
your own situation whether or not it's
worth it to pay those additional fees if
it's the difference between you actually
meeting your spending criteria then I
think it definitely might be worth
considering and lastly my personal
favorite is buying gift cards this this
is the method that I always use to meet
my spend criteria essentially the
strategy is to pre purchase gift cards
at places where you know you'll be
shopping in the future for example you
can pre purchase gift cards to use at
Kohl's and WW worths you're going to be
buying groceries in the future anyway so
it's not like you're spending money on
something that you otherwise wouldn't
these gift cards can even be purchased
at a slight discount through sites like
shopback cash rewards and mcari Market
Place alternatively another great method
is to actually buy Vanilla Visa or
MasterCard gift cards from warw worths
or calls when they're running promotions
during these promotional periods you can
earn bonus everyday reward points or
flyby points these points can then be
redeemed as everyday or fly by dollars
and used to offset your next grocery
shop or actually be transferred to
Velocity or the quantis frequent flyer
program at a rate of 2 one for example
assuming ww worths or KES is running a
promotion for 10x points per dollar
spend on Vanilla gift cards by
purchasing a $500 gift card you would
earn 5,000 everyday reward points or fly
byy points this is worth $25 to spend in
store at Kohl's or Woolworths or can be
transferred for $2,500 quantis or
velocity points now remember what we
talked about before early earlier in the
video each Quantas point is worth
approximately at least 1.5 per point
which gives you an approximate value of
$37.50 now in order to charge the card
there is a $7 loading fee that you'll
need to pay but regardless whether or
not you choose to use those points to
offset your next shop or transfer them
across to a frequent fly program you're
always going to end up ahead a good side
to check to know when these promot ions
are running are freep points.com auu
these preloaded gift cards essentially
act as debit cards so you can use them
anywhere you can use a debit card I
personally use these cards to make my
tax payments towards the ATO the final
step in the process is to receive your
sign up bonus and then cancel your card
once you've met the minimum spend
criteria it can take between 10 to 15
business days for those bonus points to
land in your account once you've
received your bonus points then go ahead
and make sure you pay off your credit
card in full making sure that there's no
remaining balance and then call up your
bank over the phone and then request to
cancel the card at the same time whilst
you're on the phone I always ask for a
pro Rider refund on my annual fee since
I've only used the credit card for 2 to
3 months and the annual fee is meant to
cover the full year I try and make a
case to get a pro Rider refund this
method method isn't always guaranteed to
work as a lot of the banks are now
getting stter on refunds but here's an
example of me getting a full refund on
my A&Z freaken fly Black Card of
$375 if you are successful in getting a
refund then you'll typically receive a
check or a bank deposit in your
nominated bank account which may take up
to 2 weeks to arrive or be processed
once you've successfully canceled your
card then You' basically completed the
process and now you can go back to step
one and start the process all over again
and that's basically the credit card
training process in a nutshell all right
so next let's go into some frequently
asked questions that I always receive
whenever I talk about this topic does
opening and closing too many credit
cards hurt your credit score I always
get this question in my comments and the
short answer to this is no I've been
credit card tring for nearly a decade
now and my current credit score with
Equifax is 980 and with Experian it's
830 which both puts me in the excellent
category most people who ask this
question tend to not understand how
credit scores even work so let me share
with you some insights based on my own
personal experiences from opening and
closing credit cards for the better part
of 10 years how your credit score is
determined is based on three main
factors your repayment history credit
inquiries and credit history with each
of them having different weightings
towards your credit score making your
monthly repayments on time and in full
will help boost your credit score whilst
missed payments decreases it a strong
repayment history is crucial to
achieving a high credit score because it
makes up roughly 60% of your total
credit score secondly your inquiry
frequency or the recentness of your
credit inquiries can have an impact on
your overall credit score as well every
time you apply for a loan or credit the
financial institution will pull up your
credit report to evaluate their risk
profile to lend you money this is what
is called a hard inquiry each hard
inquiry will negatively impact your
credit score whilst on the other hand
closing your credit card will actually
increase your credit score which is why
I always close down my credit card
before applying for a new one because it
helps offset the decrease that I'll
receive from that hard inquiry the good
thing is that inquiries only make up
around 30% of your overall credit score
lastly with your credit history having
an extended credit history with one
credit card can look favorable for the
bank this shows them that you can
properly manage your debts and so I
always like to have one credit card open
at all times which I call for my keeper
card this is a card that I essentially
never close and this essentially shows
lenders that I have a good track record
of staying with one provider for a long
period of time and as an added benefit I
can use this credit card as a fallback
when I'm in between Ching credit cards
any negative history like defaults or
overdue payments will negatively impact
your credit score here but overall this
component only makes up around 10% of
your credit score how how long should
you wait to close a credit card after
receiving your sign up bonus another
very common question that I get asked is
when should you cancel your card once
you have received your sign up bonus do
you cancel it straight away wait another
month and should you apply for another
card before you cancel this one the
general rule of thumb that I always have
is that you should always cancel your
card before signing up for another card
and the sooner a credit card is
cancelled the sooner another application
can be made for another credit card
which ultimately allows you to turn a
greater number of credit cards
throughout the year if you're just
starting out with credit card churning
then I would recommend to churn between
3 to four credit cards a year so say you
opened a new credit card in January
you'd want to wait a total of 3 months
before opening your second card in April
and then another 3 months before opening
another card in July and then finally
open your last card in November this way
you have the full 3 months to meet your
spend criteria so you don't have to
overstretch yourself from a spending
perspective and once you receive your
signup bonus feel free to cancel the
card immediately does the sign up bonus
expire if you close your credit card now
this depends on the sign up bonus that
you receive if you're earning frequent
fly points like quantis or velocity then
no the bonus points will not expire
however it is important to knowe that
your contest and velocity points do
expire if your account has been inactive
for more than 3 years and you haven't
earned any points in that period of time
now when it comes to sign up bonuses
that award you with bank specific reward
programs like American Express or City
bank then yes these points can expire
for example with American Express once
you close your credit card and you don't
have any remaining credit cards with
American Express then you have 30
business days to use your reward points
or they'll expire each bank will have
different terms but generally they will
allow you a period of time to actually
spend your points before they expire
after canceling your credit card but my
advice is to always spend all of your
bank specific Reward Points before you
cancel the card and that guys is
everything that I had to share with you
in today's video if you've made it this
far in the video then thank you so much
drop me a comment with the word travel
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consider subscribing for more for more
credit card related content in the
future next if you're interested in how
you can actually book business class
reward flights using credit card points
then you might want to check out this
video right here