Business idea · E-commerce
Bank Account Bonus Tracking Spreadsheet Template
Bank Account Bonus Tracking Spreadsheet Template is a downloadable template that helps users track their bank account openings, bonuses, and direct deposit requirements to optimize their earnings from bank bonuses. It was pitched on The Side Hustle Show, hosted by Nick Loper, in the episode "663: Bank Bonuses: How I Make $200/Hr Opening New Bank Accounts" (aired March 24, 2025).
At a glance
| Podcast | The Side Hustle Show |
|---|---|
| Hosted by | Nick Loper |
| Episode | 663: Bank Bonuses: How I Make $200/Hr Opening New Bank Accounts |
| Aired | March 24, 2025 |
| Category | E-commerce |
| Real companies on the episode | Dylan's Bonuses |
The problem it solves
Individuals find it challenging to keep track of multiple bank accounts, their requirements, and the timeline for when bonuses are received. Existing solutions often lack user-friendly tracking tools, leading to missed opportunities for bonuses.
How it makes money
E-commerce model, generating revenue through one-time purchases or subscriptions for updates and premium features.
Skills you need
Spreadsheet design, financial knowledge, marketing, and customer service.
The market, and why this works now
The rise of online banking promotions has led to increased competition among banks, making it easier for consumers to earn bonuses through account openings. A practical first-revenue move is to promote the spreadsheet template on the r/personalfinance subreddit, where users frequently discuss bank bonuses and account management. A key risk is the potential for regulatory changes affecting bank promotions, which could impact the template's relevance and the willingness of users to engage with multiple bank accounts.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Dylan's Bonuses
Dylan's Bonuses is a strategy developed by Dylan to earn money by opening new bank accounts that offer sign-up bonuses. By leveraging various bank offers, Dylan helps others understand how to navigate this system and maximize their earnings through minimal effort.
Where this idea came from
Podcast: The Side Hustle Show, hosted by Nick Loper
Episode: 663: Bank Bonuses: How I Make $200/Hr Opening New Bank Accounts
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.