In short, the name of the game is "Churning."
In small niche communities across the Internet, there are people who have discovered that the phrase "it takes two to tango" holds true in the banking world. On one side, you have Big Banks who pay out paltry 0.01% interest rates, while charging those same people 7% for an auto loan. The banks get to use your money, to lend to you and others, and you get essentially nothing.
Banks desire a continuous flow of new customers, preferably ones who will bring all their money with them from a different bank. Keep in mind, most people like the 'status quo' and tend to shy away from change. To lure people away from their existing bank, there are frequent promotions the banks run with enticing offers. These Sign Up Bonuses, or "SUBs," are what Churners dream of. In many cases, you can only get a Sign Up Bonus from each bank once every year or two.
In other words: Making money off banks by accepting their offer to open an account, then closing it once the bonus posts - lather, rinse, repeat.
Churners keep track of what bank account sign up bonuses they received and when they closed the account out, so they can "reset the clock." Churnoble was built to help you game the system, through our unique platform that enables you to Earn & ChurnSM better than ever.
While the vernacular may seem odd at first, it actually makes a lot of sense.
- Churners refer to themselves in first person as "Player 1".
- "2 Player" mode (i.e. 2P) is when a couple, or pair of people, jointly try to collect sign up bonuses.
- "4 Player" mode (i.e. 4P) is when a family (i.e. with adult children) all tries to collect sign up bonuses.
Churnoble is for residents of the United States of legal age to enter into binding agreements (i.e. with banks and businesses).
It may be possible for people over 13 to receive bank bonuses, however we highly recommend a parent create & maintain the Churnoble account on their behalf.
Churnoble is out to make getting paid bonuses less boring, together. For Churners. By Churners.
We strongly encourage our community to interact with us, and others - to bring the benefit of bank bonuses to the masses.
While we appreciate all of our members, we think 2 Player mode is a great deal & makes the most sense for couples.
On Churnoble, you can find bonus offers from hundreds of banks across the country.
These offers tend to range from $100 to $1000 - and it's possible to take advantage of a dozen offers in a single year!
Simply apply for the offer, get approved, and complete any sign up bonus requirements. All applications are submitted directly to the banks; Churnoble does NOT receive any of your applications.
For paid plans, automatic monthly billing is handled safely & securely through Stripe directly. This means we never receive your credit card information. You can upgrade, downgrade or even cancel your account at any time with zero-hassle, straight on our website.
You can search and find bank offers through Churnoble, however you will be directed to the bank's website for the actual application process.
All applications are submitted directly to the banks; Churnoble never receives any of your applications you submit to banks.
In other words: Nope, we are not a bank - we're a community who wants to help others Earn & Churn!SM
(1) We offer a generous referral system (see "How can I refer someone to use Churnoble?")
(2) A percentage of all revenue is donated to remove carbon!
Our contributions are allocated toward projects that remove carbon dioxide (CO₂) from the atmosphere. This is primarily done by purchasing permanent removal of CO₂ at a particular price per ton. Through Stripe's Climate program, with the help of scientific expert reviewers, a transparent application process is used to select a variety of carbon removal worthy projects.
Everyone can earn money by referring friends, family, coworkers -- you name it!
If you refer someone who signs up for a paid membership plan, you will receive:
5% of the recurring revenue if you are on the Free plan
10% of the recurring revenue if you are on the 1P plan
15% of the recurring revenue if you are on the 2P plan
20% of the recurring revenue if you are on the 4P plan
We offer secure payouts through both PayPal and Bill.com for your convenience.