How Churners Earn Money By Regularly Signing Up for Credit Cards
David Wignall profiles [[Matthew Palm]], a 57-year-old freelance television producer in [[Illinois]] whose side hustle is opening and managing an array of [[credit cards]]—about 50 at last count—to harvest signup bonuses and rewards. The article explains the mechanics of card-churning strategies, the allure of sign-up points and travel perks, and how disciplined spending, calendar vigilance and an understanding of issuer rules can make the practice lucrative for some while posing risks to others: potential credit-score impacts, fees, and complex record-keeping. Wignall situates churning within broader consumer-finance choices, interviews experts and participants, and notes industry responses and policy considerations, concluding that while churning can pay off for experienced, organized individuals it is rarely advisable as a casual side income. Appeared in [[The New York Times]].