Track sign-up bonuses across gig apps, banks, and beermoney sites. See how much free money you can collect from welcome offers.
Rakuten ($30), Ibotta ($20), and Chime ($100) have simple requirements. Claim these first while working on gig app bonuses that take longer.
Bank bonuses often require maintaining a balance or direct deposit for a set period. Closing early may forfeit the bonus or trigger a fee. Know the terms before signing up.
Most sign-up bonuses have deadlines. DoorDash may require deliveries within 30 days, banks within 60-90 days. Don't miss your window.
Many bonuses are only available through referral links. Check r/beermoney, r/churning, or ask friends for referral codes before signing up directly.
Bank bonuses requiring direct deposit can often be triggered by ACH transfers from another bank. Research which transfer methods qualify before committing.
Sign-up bonuses are taxable income. Bank bonuses issue 1099-INT or 1099-MISC. Track all bonuses received and set aside ~25-30% for taxes on large bonuses.
Most sign-up bonuses have requirements — like making a minimum deposit, completing deliveries, or spending a certain amount. Read the fine print carefully. Bank bonuses often require direct deposit. Gig app bonuses require completing a set number of tasks within a timeframe.
Start with the highest-value, easiest bonuses first. Bank bonuses (SoFi, Chime) can be done by switching direct deposit temporarily. Gig app bonuses require actual work. Cashback bonuses (Rakuten, Ibotta) just need normal shopping. Spread them out to avoid feeling overwhelmed.
Yes, most sign-up bonuses are considered taxable income. Bank bonuses over $600 will generate a 1099. Gig platform bonuses are included in your 1099 earnings. Keep records of all bonuses received for tax filing purposes.
Generally no — most platforms limit bonuses to one per person (tracked by SSN, email, or device). Creating duplicate accounts violates terms of service and can result in account closure and forfeiture of earnings.