On and off, I wonder what is the threshold of this activity? How low or high can one go before one sees one's own limits and threshold of such activities? I mean, the blog world is full of various view points and some say this is immoral, unethical, illegal to others saying that this is the money that they are anyway spending and they are as such being smarter in tapping out the rewards. Nothing wrong in such strategies as long as you are not going crazy over this. I heard a story about someone going full crazy on their local 7-11 by ordering about 25 grands worth of gift cards. 25 grand!. Thats bat shit cray. That pretty much killed the game for that 7-11 store, that guy as well as caught attention of both the gift card company, the 7-11 corporate honchos. The policies got promptly changed.
The payoff from this is anyway not too huge. Once you exhaust the list of credit card which offer huge sign on bonuses, there is hardly any thrill in going thru them again. Yeah, maybe you can do it all over again for others or yourself if you have a goal. But after a point, it is not a perpetual point machine. There is simply no routine strategy which will take the mental steps out of this and make it mundane and boring. This site was created with that goal in mind and lists out many strategies that will take you closer to your goals. I follow some blogs like Boarding area ones including Frequent Miler, Hustler Money blog which happens to be my favorite along with the My Money Blog; and a whole hosts of other blogs like a Travel Grant or Million Mile Secret and their content hugely varies over time. Some stay consistent to their theme and other diversify over to different things. Some of them seem to have a defined boundary while others keep pushing the envelope subtly. Leading you to wonder, how far do you go in this? There is always "apply for this online link", "open this account to get a $5 reward" and so on...there is no end to this.
There were certain blogs which posted about 10 different ways to use British Airways Avios or 20 different ways to get Delta points or use southwest points at 1800-flowers.com or similar posts. It is so much pressured and the writings in such blogs clearly indicate that the writer did not enjoy writing said pieces. A lot of blogs are also under the pressure to monetize. There are contracts and agreements making them write unwanted and unnecessary information daily at least two times. They have to have the two/three odd posts a day filled with images and big fonts so that they maintain the search rankings, SEO tracking strategies and keep up overall. But in this whole melee, the quality is greatly sacrificed. Back to this topic, this is really simple and like everything else in life, it is going to get only simple or complex that you want to make it. The truth is the credit card signup bonuses have dried up a little bit in the past couple months, reflecting in the lower blog posts in this blog as well as few other blogs who have the similar philosophy of posting news only when there is news to begin with. Simply informing each and every minute development as "Breaking News" makes this blog a CNN or Fox news.
Anyhow, I guess the people that run such blogs have financial compulsions due to which they have to act in a very forceful, aggressive manner. As for my overall philosophy, it pretty much remains the same and I want to do this as long as I enjoy it and not to just rake up few more points for a few days in a grand hotel and looking all weird in the process.
