Millennial Investments — Lifehacks
How To Get A PS5 For Free 🎮
This is going to transform the way you look at buying things.
My friends, our great friend Todd had a genius idea. He found a way to get the new PlayStation 5 for free. Like seriously free. The latest PlayStation retails for about $500, and the street price is even more. Which is a lot of money for any game system. Here’s what you have to do. It’s a little work, and if you do it right, it’s totally worth it if you want to score a free gaming system. Here’s Todd’s Short giving a rundown of the masterplan.
Step 1: Open a Checking Account 🏛️
Everyone has at least one checking account, and checking accounts are notorious for not paying any interest. But this checking account will give you a sweet new bank account bonus. Open up a CapitalOne 360 checking account using promo code BONUS400 by January 26, 2021. After two direct deposits totaling $1,000 or more within 60 days, you will get a $400 new bank account bonus. Thanks, CapitalOne! 🙏
Step 2: Open A Rewards Credit Card 💳
Next, Open up the CapitalOne Quicksilver Rewards Credit Card. Use that credit card to buy your new PS5 because you will get a $200 new card bonus after spending $500 in the first 90 days. Here’s Todd talking more about the bonus!
The $400 new bank bonus in step one, plus this $200 new credit card bonus equals $600.
Use the $600 in bonuses to pay off your $500 credit card balance from buying the PS5. That means you got the gaming system literally for free, plus $100 for taxes or profit.
A Note from Todd the Millennial Millionaire 💰
My counterparts in the finance industry would tell you to not get the gaming system. They would say to avoid treating yourself to a latte. Don’t go to restaurants, don’t go to movie theaters, basically just have no fun at all.
My strategy is very different. Get EVERYTHING you want. Just make sure to get paid to get it.
Btw, when you pay off the $500 credit card balance, the Quicksilver Capital One Card also gives you 1.5% cashback, meaning you’ll get an additional $7.50. Line up a secret shop to Peet’s Coffee or Starbucks. Use the $7.50 to buy yourself a latte (or whatever it is you like). Fill out the survey when you get home and make $11.50 in total for the secret shop.
You have now been paid to get a free latte, and that free latte you bought with money you earned from getting a free PlayStation 5.
This is called the monetization loop, and it is how I’ve lived for free for the last five years.
Thanks for Reading!
Let us know when you score your free PS5! If your mind was just blown by how you can get free money using banks and credit cards, definitely check out Todd’s list of the Top Credit Cards of 2021. Don’t forget to subscribe at Millennial Investments to learn more wealth building tips and tricks! Happy reading, and thanks for supporting our work! 😇🙏