Surveys, surveys, surveys.
Filling out surveys is one of the most popular side hustles online. Which is unfortunate, because surveys pay nothing and are a massive waste of time.
Fortunately, there are far more lucrative ventures that nobody talks about.
Activities that pay $200+ an hour with minimal input.
Here are two side hustles that can easily generate $1,200+ a year with no start-up costs or skill requirements.
Credit Card Reward Harvesting
Credit cards get a bad rep.
Haters will say they have high interest rates. Or that they lull users into overspending.
That’s all true.
But only for people with poor impulse control.
Used responsibly, credit cards cost you nothing. And, they put free money into your pocket.
Most major card-issuers offer oversized welcome bonuses when you sign-up for a new card. These typically range from $100 — $250 cash back after spending $500 within 90 days.
Thanks to inflation, that’s a pretty low spending requirement. And, a generous timeline to hit the bonus payout milestone.
Find a card with no annual fees that’s offering a $100 — $250 for new users (here are 5 great options totaling $850 in sign-up bonuses), apply, hit the minimum spend requirement, and then pay your bill on time.
Bank Sign-Up Bonuses
Like credit cards, many big banks offer special welcome bonuses when you open a new account.
However, these bonuses can be very hit-or-miss.
Credit card companies make money off every transaction. So, card companies are generous with their bonuses. Banks, on the other hand, often have high minimum deposit requirements. Or, they charge monthly service fees.
If you’re going to collect bank account sign-up bonuses, make sure you read the rules.
Try to find offers with low deposit requirements and no monthly fees.