What Should Your First 5 Credit Cards Be (In 2023)
VloĆŸit
- Äas pĆidĂĄn 5. 07. 2024
- đš Download MaxRewards: bit.ly/3D4sTDa âĄïž USE CODE: shifu
đł Learn more on the Chase Sapphire Preferred: bit.ly/3IjCF9i
Click "show more" for ad disclosure
Credit Shifu Wallets: bit.ly/2wG0Glo
âThe content in this video is accurate as of the posting date. Some of the offers may no longer be available.â
Advertiser Disclosure: This site is part of an affiliate sales network and receives
compensation for sending traffic to partner sites, such as CreditCards.com. This
compensation may impact how and where links appear on this site. This site does not
include all financial companies or all available financial offers.
![What Credit Cards You Should Have by INCOME? [Detailed Review]](http://i.ytimg.com/vi/RsQFUJGXeHQ/mqdefault.jpg)
The Venture X has made things so much more complicated. It's like an end game card but you have better approval odds with less open cards on file. It's so weird.
Amen!!!
Would I be insane to apply for the Venture X as my second credit card đ
@@Cause023 Yes, build a solid foundation with chase cards while youâre still under 5/24, then you can move to citi, c1 etc
@@moheel7022 about how long does it take to get the chase trifecta? Iâm going to go insane if I have to wait 2+ years to move onto capital one lol.
Bc thatâs a lot of travel rewards and airport lounge time wasted for me đ
@@Cause023 I applied every 3 months. You could spread it out more or less, but I've seen data points of people getting denied early on for too many applications. Start off with chase fu or flex and then get CSP last. If you're planning on getting any chase business/hotel/airline cards, space out applications every 6 months to stay within 5/24 range.
This is a super interesting list! Iâve been planning a similar video for my channel, but you made me take some things into consideration that I didnât before.. itâs cool to see how the credit card game continues to change over the years! Great work on this one.
Great order and tips, especially for someone whoâs just getting started with credit!
This was super helpful. Thanks Ben!
Turned 18 in January but have been watching for 1 year just wished people around me that are older then me stopped asking me what cards they should get or what stocks they should buy but now that Iâm 18 going to get started with the chase trifecta already have the CFF and the citi DC
Excellent info. Thanks!
Great video Ben!! Could you do a similiar video but focused on cards that maximize benefits for those of us who do not travel enough to take advantage of those rewards??
This five card setup is great even if you are only occasionally traveling. If you do not travel and want to avoid the annual fees, then change card 4 and 5 to the Citi Custom Cash and Double Cash cards. That will round out a solid no AF cashback setup.
I was able to start with the 2 freedoms. Iâm now going for the Amazon prime and ending the year with a sapphire. I want to try for the sapphire as my third but Iâm afraid Iâll get denied.
Thank you Ben. Love your vids. Re, discover credit card and no foreign transaction fee, which is great, but almost no other country accepts discover đź
I would probably swap out the Amex BCE for the Bilt Mastercard for more opportunities to earn Hyatt points. Especially as beginners are probably still paying rent.
ive had the BCE card for a year spent over 5k on the card in the whole year and twice ive been denied for a CLI from AMEX. 1k card is currently the lowest in my wallet
Any particular reason neither of the Citi cards make an appearance here? Is it because of the weight of Citi thank you points verse Amex Chase and Capitol1?
I have a huge purchase coming up, over 10k which credit card should I apply for to maximize
It's too hard getting the venture x
I have the discover it card, but am at 3/24 and have a 705 FICO. Debating skipping the Amex everyday card and going to the freedom flex, and then going onto Amex just to be safe. I heard you can upgrade the flex to the preferred, which means I'll stay under the 5/24 bc i already have a chase card, but I'm just upgrading it.
I think freedom unlimited might be easier to convert as Freedom unlimited is a Visa, Flex is a mastercard. CSP is Visa card btw.
I would complete the Chase trifecta and if possible get the Chase Ink business cards (all 3) for maximum Chase UR points before going to Capital One due to the 5/24 rule.
Im looking for a second credit card. I didnt think AMEX would accept me with only 6 months credit history though
How long do you recommend waiting between your last credit card and applying for a home loan? Does the answer change based on if it's a business or personal card?
Normally 6 months.
@@TheCreditShifu thanks for the reply
The IT was fine for years. All of a sudden, they suspended my card to do a so-called identity review. I think it's a financial review. I was late one time by a day. After reading that some have signed the forms so they can check your tax forms and still had thier card closed. It's my second oldest card and I wanted to keep it. But, at this point they can close it because I am a little pissed.
Amex canceled 5 of my cards with them. Lost 25K in credit limit
Update...they got whatever needed and have reopened my card.
I have the Amex Blue cash every day and the gold card as well.. I want to apply for a Hilton honors card.. Is still only a Softpoll.? Thanks.. Keep it up with your great content.
Make sure to log in when doing the application on the website
@@pubgnakirayt2189 To be logged in my account before applying? Thanks for the content..
All blue cardsâŠâŠ.
Itâs a conspiracy
Haha
"The Blue Stack", basically.
80k freedom SUB??? When did I miss this? 10:20
20k for $500 spend in the first 3 months plus 5x back on groceries for the first year up to $12k spend for the other 60k points if you max it out.
uh, your microphone and stand take up more of the picture than you do
If you are just starting out, getting 2 Chase cards in 2023 is almost undo able as Chase requires one year of credit history to get Freedom and Sapphire. You should make it clear that going from zero credit this this lineup can easily take a couple years
I guess you didnt get to that part in the video yetâŠ
They auto denied my foriegn wife (no credit score) but I called the reconsideration line and got her approved for a freedom flex and the ihg card within her first year.
He says that right as he starts talking about Chase
@@AdamBA380 Yes he said it, sorry, my bad
Ben will you do a video on the credit cards Kpop idols like Blackpink "Lisa" use like Hyundai Cardâs The Black, Samsung Cardâs Raume O, Hana Cardâs Club 1 and KB Kookmin Cardâs Tantum? Hard to get ones like them? Credit Cards they use in Korea, a tier list like you do for the USA? So many K-pop artists making the USA Billboard charts BTS, Blackpink, Loona, Itzy, Twice, (G)I-DLE, NewJeans etc. I was just wondering.
no one cares lmao
Thatâs a preeeeetty niche crossover between Kpop and credit cards. You might be looking for a subredditâŠ
he knows nothing about those lol those are korean only
Firstđ