The Top 4 Credit Cards Everybody Should Own (Chase & American Express)

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  • čas přidán 13. 09. 2022
  • Top 4 Credit Cards Everybody Should Own ‪@AndrewMoMoney‬
    Follow Us On Instagram For More: / thecreditbrothers

Komentáře • 1,7K

  • @austinmurray4012
    @austinmurray4012 Před rokem +5190

    These commercials are getting crazy real

    • @Fee.1
      @Fee.1 Před rokem +20

      The commercials are worse than this somehow

    • @frostreaver1
      @frostreaver1 Před rokem +86

      This guy is probably getting paid by Chase and AmEx for this advertisement.
      The chase Sapphire card and both amex cards have an annual fee. Unless you're spending tens of thousands on flights, restaurants, and other shit you do not need these cards and will lose money in fees.

    • @Fee.1
      @Fee.1 Před rokem +12

      @@frostreaver1 he’s not getting paid by anyone for advertisements, that said I agree with you most people have no business owning these cards…but you might be surprised how many do. Obviously if you have no business using credit at all then this isn’t even applicable to you and neither is any other cars

    • @omgjlmiub
      @omgjlmiub Před rokem +29

      This isn’t a sponsor. Sponsors can’t say other products in ads and don’t want to mention rival products. This would be the worst fucking ad of all time

    • @tylerreynolds4781
      @tylerreynolds4781 Před rokem +7

      @@frostreaver1 the chase sapphire preferred has a $95 annual fee. Thats worth it for most adults. Its the sapphire Reserved which had a $495 annual fee that is for people spending tons of money. honestly these cards are pretty basic and what i used when i was in college

  • @evil3993
    @evil3993 Před rokem +5414

    This video was brought to you by JP Morgan

    • @MOTM1234
      @MOTM1234 Před rokem +43

      Kanye has left the chat

    • @Ndasuunye
      @Ndasuunye Před rokem +14

      Sucks that not remotely everybody is worthy or even eligible for said Chase card

    • @erxfav3197
      @erxfav3197 Před rokem +1

      @@Ndasuunye which chase card

    • @alexismacdaleno8162
      @alexismacdaleno8162 Před rokem

      😂

    • @ohhNate85
      @ohhNate85 Před rokem +14

      It’s true tho. Literally giving u free money back when you make purchases and u can just convert the points into more money after you save them.

  • @vuks-fj7fl
    @vuks-fj7fl Před rokem +5549

    me without a single credit card and no fuking clue what hes talking abt:

    • @turnup4777
      @turnup4777 Před rokem +28

      😂

    • @emulationexp
      @emulationexp Před rokem +154

      Credit only needs to be established if your too broke to afford what you want/need. Cash is King
      It almost seems forced on everyone when something as essential as housing is to expensive to outright buy in cash and you also need it, even to rent.
      Credit is also 1 piece of a 3 piece puzzle that seems to work better with all 3 pieces at the same time because good Credit is useless without a consistent income and income is useless without good Credit (unless you get lucky) and also having money set aside for down-payments which is also useless if you don't have good credit or consistent income when you can't save enough to outright buy what your saving for.
      A system I'm sure alot of people struggle to establish when saving money while keeping up with your own personal expenses is already a challenge and now maintaining a healthy relationship with your credit which will always be there to temp you to spend what you have available on life emergencies putting you into debt that you will have to now make monthly payments on. further making establishing good credit not only harder to achieve but maintaining it even harder
      I would avoid any cards with annual fees and that have to be used on/at specific things/locations because if you max them out you don't want to have to worry about another fee on top of your minimum payments every month or where your allowed to spend the available balance once your payment has been made I prefer credit card that are accepted mostly everywhere
      Also I would try and start as early as possible because in some cases it can take at least 6 months to a year to even get a score from your first line of credit which can make it harder to get housing until you get your score
      I remember being turned down for housing because even if you feel that you make enough to cover all the bills and had enough upfront to cover like 4-5 months in advance you could get turned down because of no or bad credit

    • @turnup4777
      @turnup4777 Před rokem +257

      @@emulationexp god damn bro ion reading all that

    • @emulationexp
      @emulationexp Před rokem +15

      Whats ion?

    • @slackergames4244
      @slackergames4244 Před rokem +54

      @@emulationexp he's to lazy to say I'm not just like he's to lazy to read for 30 seconds

  • @claystar9valor
    @claystar9valor Před rokem +483

    Best advice I ever got was “Use a credit card like it’s your debit card”. I.e. don’t spend more than you would without the credit. Start building credit young, set up auto payments for the full statement balance, take advantage of cash back bonus opportunities.

    •  Před rokem +5

      And also, 2 credit cards are okay, debit cards won‘t affect your score, but more credit cards can actually worsen your score.

    • @claystar9valor
      @claystar9valor Před rokem +14

      @ There is a sweet spot for open lines of credit. I’ve heard lenders like to see that a person can juggle multiple lines at once without missing a payment when you apply for a loan. For reference, I was approved for my mortgage with 2 credit cards and a car loan. No missed payments, but my credit history was relatively short at 4 years at the time.

    • @edwincalvo9337
      @edwincalvo9337 Před rokem +7

      You can have as many CCs as you'd like, it's the carrying of debt that's the issue and also paying them down to zero isnt a good idea, don't forget 30% of your credit is amounts owed, I'd suggest pay down to 3% or so. Also, let's not forget the difference between due date vs statement day, some peepz may need to look it up when paying down certain debts.

    • @walkermorales337
      @walkermorales337 Před rokem +13

      @ more credit cards actually help your credit score, but some issuers don’t like seeing a lot of inquiries, or lines open at once. Some have limits on how many you open in a set period of time like chase as well.

    • @AlexanderTheGreat91
      @AlexanderTheGreat91 Před rokem

      ​@@edwincalvo9337what's the diff between due and statement date?

  • @YoYoR6
    @YoYoR6 Před rokem +2080

    so is nobody going to talk about the dudes money suit?

    • @KYTEOYT
      @KYTEOYT Před rokem +27

      Damn didn’t even notice😂

    • @mathino9876
      @mathino9876 Před rokem +4

      I don't know what you're talking about

    • @Illiterate243
      @Illiterate243 Před rokem +10

      I thought that was edited on 😂

    • @rolson17_
      @rolson17_ Před rokem +2

      Bruhhhh I just noticed after the fact

    • @raphieh2452
      @raphieh2452 Před rokem

      Retention

  • @kkh42792
    @kkh42792 Před rokem +296

    Pro tip: If you can't afford it, you can't afford it plus interest

    • @2Boutdoors
      @2Boutdoors Před rokem +3

      pro tip: don’t get a credit card

    • @jmbwashi
      @jmbwashi Před rokem +9

      It’s sad that this is a pro tip.

    • @insixthgear88
      @insixthgear88 Před rokem +26

      Pro tip: stop thinking "credit" should only be used when you don't have the money/can't afford it. Use it when you can afford it/do have the money in the bank… then pay the credit card off right away before it accrues interest and earn the points/cash back on your purchase you wouldn't get using debit.

    • @novanoskillz4151
      @novanoskillz4151 Před rokem +21

      @@2Boutdoors protip, just say you dont know how credit works. I have over $100k in credit. And have not paid interest on a single card in 6 years. I get a free flight every year and a bunch of other perks. Educate yourself.

    •  Před rokem +5

      @@2Boutdoors you should have some credit card, but not use it like you have unlimited money, but rather for the benefits and for emergencies.

  • @TheSixth
    @TheSixth Před rokem +285

    Somewhere Dave Ramsey is quaking

    • @bugboygodofnothing2850
      @bugboygodofnothing2850 Před rokem +8

      W comment

    • @tylersoexclusive713
      @tylersoexclusive713 Před rokem +2

      Ong 😂

    • @Yeesack
      @Yeesack Před rokem +27

      Yea but tbh Dave being against using credit is dumb. You can use credit cards in smart ways like they talk about in the video. Dave always assumes everyone using a credit card can’t afford to pay it off and will end up in crippling debt

    • @tylersoexclusive713
      @tylersoexclusive713 Před rokem +17

      @@Yeesack 95% of people have very poor discipline and impulse control. Having a credit card makes people feel like they have more money than they do. I know some people that have gotten a card and had it maxed out in a month. Yes there are smart ways to use it but most people will overspend it to the point where it’s not beneficial anymore and it’s negatively impacting them. And the rewards really aren’t great. I used chase freedom for everything, including paying my bills and paid it all off every couple weeks. Every month I would get like $30 back. Sure, $30 is $30 but it’s really nothing to even go out of your way for.

    • @Davidalan9518
      @Davidalan9518 Před rokem +7

      @@Yeesack He assumes you may fall on hard times and when your safety net is borrowing money from a credit company that makes you pay it back with interest, you come out behind. These credit companies know what they’re doing, which is why they have high rises in every city. They’re not giving out these “points” and “free” trips at a loss.. they’re getting you somewhere.

  • @ZainxIqbal
    @ZainxIqbal Před rokem +736

    As someone who has these cards: keep in mind that you actually still have to spend money to earn the rewards. As someone who's decently frugal and only travels once a year... they're just ok lol. If you spend all your money every month and actually travel often: this is amazing. If you're an average Joe or lower-middle class, it's not that big of a deal having them.
    Paraphrasing what someone else said in another comment, people think they're gonna get rich off credit cards when the reality is that you get an economy airline ticket after spending $60k on the card. It's just another one of those things that's better if you're rich lol. Just stick to the $0 annual fee credit cards that give you 1.5-5% back. No need to get these extravagant travel cards.
    EDIT: To those who keep commenting saying I'm wrong, keep in mind that I'm speaking for the mass majority of people who cannot handle credit. I'm sitting on $4,000 of un-used cashback, points, and sign-up bonuses over the course of 7 years. What's $4,000? Maybe 4 round-trip tickets. Nothing special.

    • @likes-yv3lj
      @likes-yv3lj Před rokem +4

      What cards would you recommend to a “frugal” person?

    • @jash6105
      @jash6105 Před rokem +40

      EXACTLY. These are rich people life hacks and I feel like people misconstrue them as some free money hack or something lol.

    • @User_2051
      @User_2051 Před rokem +14

      @@likes-yv3lj a good cash back card, Something with rotating categories maybe or just 1.5-2% on everything

    • @likes-yv3lj
      @likes-yv3lj Před rokem +5

      @@User_2051 discover it? I heard it has rotating categories but I haven’t been able to find what they currently are

    • @investa9772
      @investa9772 Před rokem +6

      Is it good with someone who makes 100k

  • @kenshinbattousai374
    @kenshinbattousai374 Před rokem +277

    I feel like I'm watching someone explain the skyrim alchemy loop for the first time.

  • @domino1323
    @domino1323 Před rokem +27

    Cool tip for anyone in the military, American express will waive all fees for thier cards for any active duty service members!

    •  Před rokem

      And for people living in Germany:
      Instead of going for the Gold card, either just go for the Platinum card, or the PayBack card, which also offers similar cash back and low fees with easier conversion to miles.
      The same should also apply to other countries, I don‘t think the PayBack card isn‘t the only AmEx with third-party reward program support.

    • @kyledolan7233
      @kyledolan7233 Před 3 měsíci

      But when u get out those fees will not be waived and u will have to pay them, which is why I have yet to get one might get the blue or blue preferred

    • @areus1456
      @areus1456 Před měsícem

      You can just cancel or down grade your cards when you seperate. ​@kyledolan7233

  • @06Pine
    @06Pine Před rokem +146

    And they don't mention the 500 annual fee

    • @ethanfay6091
      @ethanfay6091 Před rokem +16

      500$ annual fee ain’t shit if u actually use the cards for the benefits… first you could potentially be getting thousands in cash back & thousands of dollars in air miles & hotels… lmao 500$ is nothing..

    • @Ericshizz
      @Ericshizz Před rokem +19

      @@ethanfay6091 just to get $1000 cash back you'll need to spend $50000-$100000 depending and most post don't even earn that much alone. And people who do don't spend it all on credit cards, and mortgages can't be paid with credit cards.

    • @ethanfay6091
      @ethanfay6091 Před rokem +11

      @@Ericshizz literally not even close to true.. my standard credit card that gets 2% ONLY AT GAS STATIONS & RESTAURANTS has gotten me 250$ in cash back in 6 months lmao.. stay being broke brokie

    • @Ericshizz
      @Ericshizz Před rokem +23

      @@ethanfay6091 250 is 2% of 12500. Learn math. For you to get $1000 u need to spend $50000 at gas stations. Which proves that my original comment is correct. Learn to think before you act.

    • @Ericshizz
      @Ericshizz Před rokem +11

      @@ethanfay6091 now you edited your comment to gas stations and restaurants. No need to edit a comment when you're correct. And you're spending 50k at these places yearly? Still most people earn less than this.
      Mic drop-

  • @pedrofan34
    @pedrofan34 Před rokem +43

    He’s spot on though. Get at least the two cards from one bank and just transfer the points. Chase paid for at least 4 of my flights this year

  • @Andrew_Co
    @Andrew_Co Před rokem +75

    Mr. Clean telling me which card to choose ✅

  • @srinisri2997
    @srinisri2997 Před rokem +4

    To add to the list, Bilt card is a great choice to consider if you rent a house or an apartment!

  • @JonSnowsGhost
    @JonSnowsGhost Před měsícem +2

    Pro tip: you’re real credit limit is however much money you have in your checking account.

  • @JayPrinceReacts
    @JayPrinceReacts Před rokem +20

    This comment section is a pretty good representation as to why most people will never get rich.

    • @j.r.f8381
      @j.r.f8381 Před rokem +4

      What do you mean? They’re going to get rich with their credit card points. They only had to spend $60K on their card for that economy ticket to New Jersey 🤣
      But seriously, you’re absolutely right about that.

    • @ethanfay6091
      @ethanfay6091 Před rokem

      Literally.. 😂😂

    • @walkermorales337
      @walkermorales337 Před rokem

      @@j.r.f8381 it’s more like a few hundred, maybe a few thousand but yea, points aren’t meant to get you rich.

  • @StanEscobar
    @StanEscobar Před rokem +55

    My exact setup, just don't have the platinum since I really don't think it's worth 700

    • @studioq4560
      @studioq4560 Před rokem

      depends on the welcome bonus, also the flower one is drippy

    • @SkateBravo
      @SkateBravo Před rokem

      @@studioq4560 that shit is 🔥😅 ! love the design

    •  Před rokem

      It is as long as you can use all the benefits which make up like 600$ (+the additional insurances).

    • @roninbushito
      @roninbushito Před 11 měsíci

      Yup too steep of an annual fee

  • @AdamPepiton
    @AdamPepiton Před rokem +115

    I’m sure uncle Dave would advise otherwise 😂

    • @edwinlugo90
      @edwinlugo90 Před rokem +4

      Get rid of the car i mean card

    • @blaineharker7298
      @blaineharker7298 Před rokem +6

      All I can hear is Dave's screams lol

    • @calebwert1057
      @calebwert1057 Před rokem +3

      @Bryson Hall why ain’t nobody following that “basic info” then?

    • @Justiin
      @Justiin Před rokem +4

      Dave is bitter he couldn't handle his payments on time 😅

    • @Flomar35
      @Flomar35 Před rokem +1

      This is what I came to the comments for. You did not disappoint!

  • @iilagz
    @iilagz Před rokem +8

    This is sum I wished we learned in school now we learn from CZcams🤣

    • @slimg4104
      @slimg4104 Před rokem +1

      You tube is a beast son!!!💯💯💯💪💪💪

  • @JL-oz7eg
    @JL-oz7eg Před rokem +215

    I would stay with either completely Amex or completely chase, make things easier. For me I got the Amex gold and platinum and about to get the blue cash everyday/ preferred

    • @ducks-on-quack
      @ducks-on-quack Před rokem +7

      Both are better if you’re just trying to maximize value
      Chase transfers to Hyatt and United offering better value than Amex. You can get a ton of intro bonus points.
      Amex has awesome travel benefits and Hilton benefits. You can only get one intro bonus offer per lifetime.

    • @VincentPascual
      @VincentPascual Před rokem +21

      You’d want to have at least one Visa card, since Amex isn’t accepted everywhere. Costco is the major retailer that doesn’t accept Amex or Mastercard.
      Between Chase and Amex, I would want to have at least the Chase Amazon Prime and the Amex Hilton Aspire. But given your Amex setup now, I suggest getting the Blue Business Plus in order to cover non-category spend.

    • @mitchellvandehey8388
      @mitchellvandehey8388 Před rokem +3

      Issue with Amex is so many places are refusing to accept it as payment still

    • @noahwilliams8918
      @noahwilliams8918 Před rokem +11

      I’d do Chase first then Amex. Get the Freedom Flex and the Unlimited and the Sapphire Preferred. Once you’ve used all your chase 5/24 slots and transferred out or used your Chase points, downgrade the Sapphire Preferred to an OG freedom (no changing cardnumbers but you still get the 5x categories). Then wait 48 months and you can get another Sapphire Preferred signup bonus :)
      In the meantime, work on Amex!

    • @GhostZodick
      @GhostZodick Před rokem +1

      Isn't the platinum already 5x or 6x points? Why getting the gold card?

  • @EmerGoHard
    @EmerGoHard Před rokem +35

    Video was brought to you by the Rockefellers!

  • @moe40cal
    @moe40cal Před rokem +1

    Ayy just opened a second credit card with chase and picked the freedom unlimited, just made me more confident in my decision! 👍

  • @brandolruiz
    @brandolruiz Před 12 dny

    He’s not lying. I have three of those CC’s and the benefits and points are amazing!

  • @tyler2634
    @tyler2634 Před rokem +23

    I actually do have both those chase cards, the bonus points you get for signing up and spending a certain amount within acouple months was like 700 dollars. Very nice

    • @shaniquascott6188
      @shaniquascott6188 Před rokem

      Should i apply for both at the same time?

    • @tyler2634
      @tyler2634 Před rokem

      @@shaniquascott6188 I would recommend getting your chase unlimited first and using it for acouple months and then you will be pre approved for your chase sapphire card. It’ll be better on your credit score and such. And for the bonus points you have to spend a specific amount within a few months so it’s better to do one at a time

  • @puppy14
    @puppy14 Před rokem +28

    Sapphire Reserve is my jam. 3x for meals and hotels/travel, then I use my points to “pay myself back” with a 50% bonus. It’s like getting 4.5% back.

    • @Assembledonetwo
      @Assembledonetwo Před rokem +7

      Using the points for travel has so much more value than just paying urself back.

  • @Battle-Islandgaming
    @Battle-Islandgaming Před rokem +1

    I've never seen a more obvious paid advertisement for Chase in my life

  • @trent210
    @trent210 Před rokem

    One of the first credit card videos that doesn’t try to sell you on stupid cards, everyone at my work uses these four exactly as he describes. I am working on getting the 2 big ones now.

  • @pengyang4352
    @pengyang4352 Před rokem +7

    I only open cards with no annual fees to get the $200 to $300 rewards, then only use the ones that optimizes rewards for my spending habits. Mainly cards with cash back for gas, dining, online shopping and a 2% back on everything else.

    • @ethanlapic5628
      @ethanlapic5628 Před rokem

      Yikes, hopefully not too many cards. Opening a bunch of cards will severely tank your credit score especially if you never use the cards.

    • @amyx231
      @amyx231 Před rokem

      I have the TD double cash back. Not because I chose it but because I stupidly ran into the city (cause Comcast messed with me and I needed a corporate store) without any cash or cards. I literally needed money to go home (subway). So…new credit card. Lol. I’d been meaning to get a 2% card and well…why not TD’s.

    • @juliantroche1
      @juliantroche1 Před rokem +1

      @@ethanlapic5628 just follow the 5/24 rule. 5 cards every 24 months and you'll see no negative effect to your credit.

  • @Gramirez233
    @Gramirez233 Před rokem +58

    He forgot to mention the $500 annual fee associated with those two top tear cards 😅

    • @shaun1040
      @shaun1040 Před rokem +6

      I believe both cards actually end up free to use. If you use them for the intended purpose.
      Canadian numbers cause I’m Canadian.
      Amex platinum: 699$/yr
      200$/yr travel credit
      200$/yr Uber credit
      200$/yr hotel credit
      100$/yr nexus credit
      200+200+200+100=$700
      And a 240$/yr digital entertainment credit
      So if you’re using the Amex platinum the way it’s intended to be used (for travel). The card is actually free. There’s other reimbursement credits tho they’re specific and not applicable to the general use of the card.
      I’m sure the chase card is gonna be similar.

    • @OGfancy420
      @OGfancy420 Před rokem +3

      @@shaun1040 you have to use the card a lot to get enough points to cover the fee. Average person will loose money having these cards.

    • @shaun1040
      @shaun1040 Před rokem +2

      @@OGfancy420 The platinum like he mentioned. Is for the perks. It’s not a everyday card. It’s for people that travel a lot. And honestly, all you need to do is take a 2 week vacation once a year. And drive from America to Canada or vice versa like twice and you’ve made your money back.

    • @OGfancy420
      @OGfancy420 Před rokem +1

      @@shaun1040 a heavy traveler would benefit, so would a heavy spender. You just have to have a lot of money traffic through the card.

    • @shaun1040
      @shaun1040 Před rokem

      @@OGfancy420 The platinum has god awful point multiplier rates. Like I mentioned. The main benefit of the platinum and many other high end cards is the travel benefits and the reimbursement credits.
      40% of American family travels once a year for vacation. Meaning 40% of Americans should they meet the income requirement for the Amex platinum, could be easily enjoying free high end lounge access and other travel perks for free with the Amex platinum.
      For example what I do is:
      I use my Amex Cobalt to rack up something like 100k Amex reward points a year.
      Then I redeem my points for a flight from west coast Canada down to LA business class. (The ticket only ends up costing me like 5$)
      Then I use Amex Platinum to book my hotel, and my flight back.
      Amex platinum will reimburse me with 400$ total from hotel and flight ticket cost.
      And I usually get around LA in an Uber. So Amex will also reimburse me with another 200$ essentially making the card free to get.
      All this is essentially done for free. I should note I’m a secondary user for platinum. I don’t have my own yet. But I’ve been doing this for a few years now on a pretty low 120k/yr income. You don’t need to move lotta money to take advantage of these cards 💀

  • @DrSnackCake5
    @DrSnackCake5 Před měsícem +1

    I’d recommend the freedom flex card over the freedom unlimited. Just my opinion. But then again, they say you should have the chase trio not duo. So those two chase cards and the freedom flex as well.

  • @NiNjAcAt5677
    @NiNjAcAt5677 Před rokem +15

    Having credits cards has tons of benefits that people don't realize there's a huge misconception that credits cards are scams and you should stay away from them. Use credit cards like they're your debit card and pay them off fully every month. You start to rack up tons of points and benefits on top of building your credit. It's a win win.

    • @SHAOLINSLUMSS
      @SHAOLINSLUMSS Před rokem

      sorry, why pay them off fully every month? why not keep a cc balance monthly but still make payments? i’m not talking minimal payments.

    • @NiNjAcAt5677
      @NiNjAcAt5677 Před rokem +2

      @@SHAOLINSLUMSS Because that's how you end up paying interest. If you pay off your credit card statement fully every month you'll never pay a dollar in interest. Not only that, paying off your statements fully establishes a good credit history with the financial institution and they are much more likely to offer you credit limit increases on a regular basis. Having a higher credit limit on your cards directly affects your credit score as you'll be utilizing a lower percentage of your total available credit and that's one of the best things to have on your credit report.

    • @SHAOLINSLUMSS
      @SHAOLINSLUMSS Před rokem

      @@NiNjAcAt5677 awesome. still learning. thank you!

    • @98noir94
      @98noir94 Před rokem

      Can you guys explain what full payments mean? Let’s say I have car payments rn under my name but my dad is using it to build my credit. Will I have to pay the full 40k than the 450 a month ?

    • @NiNjAcAt5677
      @NiNjAcAt5677 Před rokem

      @@98noir94 No car loans or any other type of loan is a completely different scenario. This is just about credit cards. Pay off your credit card balances every month. As for your auto loans just make sure you don't miss any payments or you don't make any late payments and it won't hurt your credit.

  • @WheresRevi
    @WheresRevi Před rokem +4

    Look up the Chase trifecta 👌👌 95$ annual with 3 cards and the trio is deadly for travel

  • @thegrayman69
    @thegrayman69 Před rokem +41

    This brought to you by chase

  • @dylanrohrer321
    @dylanrohrer321 Před rokem +36

    No mention of the combined $1000 annual fee with all those cards…

    • @jmbwashi
      @jmbwashi Před rokem +2

      Well, it is a 30-sec video. They don’t really have time to explain the fees and associated credits that make them more palatable.

    • @CherrySplit
      @CherrySplit Před rokem +2

      Freedom has no annual fee and is actually really good you get 5% bonus points first year

    • @ryanrodriguez5293
      @ryanrodriguez5293 Před rokem

      Okay but you’re also getting on average like 6% back on purchases in points and if you use them well, it can be up to 10% per dollar being saved. Not to mention all the credits. Only good for people who spend a lot though

    • @CherrySplit
      @CherrySplit Před rokem

      @@ryanrodriguez5293 All I use is credit and every month I pay off my bill, I never use debit unless I need cash back. It makes no sense not to use credit when your making money back.
      I have 300 in cash back in freedom 70 in discover which double the first year with no annual fee.

  • @matthew4718
    @matthew4718 Před rokem +78

    Here I am with a discover card lol

    • @xtractztv8628
      @xtractztv8628 Před rokem +13

      On god. 5% back monthly tho on gas.

    • @etn
      @etn Před rokem +1

      i started with that card and just recently got an amex gold. learned some good spending habits with that card fs

    • @cronin5488
      @cronin5488 Před rokem +8

      That card is my only one, have had it for 8 months, and my credit score is 740. Originally had a 200 dollar balance since it was secured, they gave me the 200 back and raised the limit to 1800. Discover is sweet.

    • @harlanhansell5280
      @harlanhansell5280 Před rokem +1

      Discover the 5 places that except it

    • @xtractztv8628
      @xtractztv8628 Před rokem +2

      @@cronin5488 Yeah they do raise their limits quick if you pay on time. Very nice of them. I went from a $1000 limit to a $5000 limit in 4 years of paying consistently

  • @Midnight-hz3ep
    @Midnight-hz3ep Před rokem

    If you’re military, definitely get the echase Sapphire and Alex Gold.
    The annual fees are waived and you receive annual travel credits plus lounge and restaurant perks. Perfect for when USOs aren’t open

  • @ecomwithTrevor
    @ecomwithTrevor Před rokem +7

    I’m okay with my Spark Business and the nice cash back.

    • @kungfoochicken08
      @kungfoochicken08 Před rokem

      That's what I run my business out of. I use Citi Doublecash for personal purchases. I run about $250k through credit cards every year. Its not really worth the headache of keeping up with spending categories and trying to maximize travel benefits.

  • @jmbwashi
    @jmbwashi Před rokem +42

    I’m actually recommending that chase duo to my sister and hoping to get that AMEX duo for myself in the future.

  • @selfmadecali
    @selfmadecali Před rokem

    I have all of them and I’m proud of how far my credit has come 💯

  • @nichtsistkostenlos6565
    @nichtsistkostenlos6565 Před rokem +1

    You should just go all in on a Chase Trifecta, or an Amex Trifecta instead of getting 4 cards across two different systems. You could also go with a two-card setup with Capital One Venture X and the Savor or Savor One, and keep your points in that system. Pooling points into one system, as opposed to two, is almost always going to be a better idea unless you want to go full min-max and get like 10 different cards.

  • @ant9228
    @ant9228 Před rokem +13

    Give us choices from a bank that isn’t run by criminals.

  • @JeffCD77
    @JeffCD77 Před rokem +5

    All these people saying that credit cards are bad... I've earned almost $1000 cash back so far this year simply buying normal everyday stuff. Why wouldn't I want free money? I did absolutely nothing to earn it except use the right card for the right purchase. I really don't spend enough to play the travel cards game but cash back cards are great! I just started this year.

    • @ZainxIqbal
      @ZainxIqbal Před rokem

      On the higher end of 3% cashback that's spending like 33k. The lower end of 1.5% would make it 66k. You're spending more in a year than people earn to cover their basic expenses. I'm an advocate of credit cards myself, but at the end of the day the earnings are negligible unless you're wealthy enough to actually spend the money. And if you're wealthy enough to afford to spend $33k (again, some people entire salary), then what difference would $1k make? Credit cards are good for the wealthy. For everyone else, it's just a very big opportunity to screw yourself over with debt. High risk low reward for most. Again, I have these same credit cards mentioned in the video, but I've learned quickly that I'm not wealthy enough to even benefit from them the way that they're meant to be benefitted from. I'm sitting on $4,000 of cashback that I accrued over... 7 years lol. Pretty paltry amount if you break it down by time.

    • @JeffCD77
      @JeffCD77 Před rokem +1

      @@ZainxIqbal First of all, every card I use is 5% cash back. Second of all, I received a $200 welcome bonus on 3 cards this year, third of all, I carry zero debt and pay my cards off in full each month, and fourth of all, this is simply free money. I don't know what being wealthy has to do it, I'm far from wealthy which is the reason I do this. I don't care if I make $25 a year, it's still free money that I earn for buying the stuff and paying the bills that I do every month. You make no sense at all. My brother just used points to pay for his family to fly to Hawaii from NY. Again, he does nothing but put every penny he spends on his credit card. There's nothing to debate here.

    • @ZainxIqbal
      @ZainxIqbal Před rokem +2

      @@JeffCD77 The issue is that not everyone is like your brother, yourself, or myself. Most people who have horrible financial habits can turn something great (for us) into something detrimental (debt). My argument is that unless you're financially-savvy, you don't need these credit cards.

    • @JeffCD77
      @JeffCD77 Před rokem +1

      @@ZainxIqbal I never said that anyone absolutely NEEDS them, that wasn't the point of my post. I simply stated that credit cards in and of themselves are not bad financial products when used responsibly. And you don't need to be "saavy" to use a credit card. I'm far from a finance expert. To simply state that credit cards are horrible and shouldn't be used is ridiculous. And these days credit is everything! Unless you ARE wealthy, credit is everything. Good luck getting a mortgage or a low rate auto loan without having a credit card to help establish credit.

    • @texastuna
      @texastuna Před rokem

      @@ZainxIqbal These cards come with tons of additional offers beyond the simple cashback. Like, "Spend $300 at (Hotel) and get $100 back". Etc. If you even casually pay attention to the offers you'll make your money back and then some, just on offers alone. I push over $10k/month through cards, too, which makes a difference as well.

  • @ireneclemente
    @ireneclemente Před 7 měsíci

    Totallt agree!
    I own 3 credit cards
    2 of them are 0 annual fee
    And the other one has, but i couldn't cut it off because it is my very first credit card and has the biggest credit limit. So what i do is i call the bank before the end of the year to wave my annual fee.
    I get to continue the cash back they offer and points to every purchase i make 😊

  • @xTEGxSLICExTEGx
    @xTEGxSLICExTEGx Před rokem +2

    Why not turn the chase duo into the chase trifecta and add the Chase Freedom flex along with the Freedom Unlimited and sapphire preferred. Then transfer the points to the sapphire preferred to 1:1 ratio

  • @init4dawin
    @init4dawin Před rokem +6

    Good info

  • @Bugslak
    @Bugslak Před rokem +40

    Plain ol cash back > tRaVeL REwArDs

    • @BronzeBobcat
      @BronzeBobcat Před rokem

      How you figure?

    • @juliantroche1
      @juliantroche1 Před rokem +4

      Well if you don't travel it won't exactly be worth it. IF you do travel, it's a much better value. Getting cash back is typically around 0.6-0.7 Cents per point where as travel rewards can be 1.0-3.0 CPP

    • @walkermorales337
      @walkermorales337 Před rokem +1

      Travel rewards are better, but that only applies to people who would actually use them. I still prefer cash back personally speaking.

  • @Lolaapje3
    @Lolaapje3 Před rokem +1

    Bro, america's credit system seems like a bad sidequest line of gta 5

  • @sinatra222
    @sinatra222 Před rokem +1

    It's actually a Chase trifecta. He forgot about the Chase Freedom, which has no annual fee and rotating categories every quarter (e.g. gas, groceries, Amazon) which earn 5 points per dollar. So if you also have the Chase Sapphire Reserve every dollar spent on the bonus categories is worth 7.5 cents toward travel.

  • @heyjms1
    @heyjms1 Před rokem +10

    Unfortunately, to get the Chase cards.. you have to deal with Chase

  • @JohnVito
    @JohnVito Před rokem +40

    What are the best cards for people who never leave their house? 🙋‍♂️

    • @lilchavo
      @lilchavo Před rokem +4

      Just ur run of the mill debit mastered card

    • @ericmorinmusic5910
      @ericmorinmusic5910 Před rokem +7

      Chase unlimited or Amex Blue Cash Everday

    • @etn
      @etn Před rokem +3

      chase unlimited / discover imo

    • @Stackali
      @Stackali Před rokem

      if you shop at costco or sams club, get theirs.

    • @zacker150
      @zacker150 Před rokem

      @@Stackali Costco card is trash. Get the Alliant Visa Signature, Amazon Prime Visa Signature, and your favorite 5% card.

  • @okaycook1307
    @okaycook1307 Před rokem +2

    At what step do I summon the blue eyes white dragon

  • @skyty0
    @skyty0 Před rokem +1

    This is rich people advice. Points and rewards don't mean shit unless you're spending hundreds/thousands per day.

  • @smugglemuffins
    @smugglemuffins Před rokem +9

    What about the citi Costco card?! That thing is nuts

  • @Nikola__K
    @Nikola__K Před rokem +15

    Whats up with this credit card commercials 😂😂😂

    • @jabasHUT
      @jabasHUT Před rokem

      Gotta get ya credit up somehow

    • @Nikola__K
      @Nikola__K Před rokem

      @@jabasHUT Yeah the circle of debt 😂
      Build up the credit score so you can get into bigger and bigger debt until you cant repay it by the end of the month. Then they earn the interest money, and the clients get used to borrowing and start paying interest more and more often. And they think its good 😂
      Basically the start of a spending addiction for some people its like gambling for them 😂
      And the banks earn money for nothing, they just export the debt to wall street. They don’t need to invest anything, they are selling debt to people and selling those people interest to rich people and companies on the stock market. Its a huge industry that makes nothing. Well it boosts consumption.

    • @B_22_5
      @B_22_5 Před rokem +4

      @@Nikola__K or you could just be responsible with credit? 😂

    • @Nikola__K
      @Nikola__K Před rokem

      @@B_22_5 there is almost no need for credit if you earn and own enough money in the first place.
      Credit is the make or brake kickstarter for poor migrants and their next in kin.
      If you own multiple properties that are paying rent and are worth a lot, you can take a lone that is much cheaper then a regular credit score loan. You take it based on income or contract value or the property is a guaranty that you will pay it back.
      The bank is only looking to make the contract with you as secure as it can be so that they then can sell it as no risk on wall street.
      The credit score is not that important, all in all you can take a loan using your company. Ofc you hopefully have a large business that is doing good…

    • @jacintofernandes2907
      @jacintofernandes2907 Před rokem

      @@Nikola__K social credit score in the west isn't it?

  • @mikehawk4455
    @mikehawk4455 Před rokem +1

    You also have to spend enough money and get enough rewards to justify the annual fee on these cards. All my cards are no annual fee like the chase freedom and discover it that have rotating 5% cash back categories

  • @ithaka9564
    @ithaka9564 Před rokem +1

    Just got approved for the American Express today, pretty siked.

  • @austinrodriguez6326
    @austinrodriguez6326 Před rokem +16

    shit ton of annual fees right there folks

  • @V1deoGuy
    @V1deoGuy Před rokem +4

    Costco card for the win.

    • @TheZatchmo
      @TheZatchmo Před rokem

      Yessir. Pretty good deal for a regular guy.

  • @MONSTERvixtur
    @MONSTERvixtur Před rokem

    If you are in the military its worth the platinum because we do travel pretty often. Especially, if you are state side trying to visit home when it comes to the holiday.

  • @josephwright8752
    @josephwright8752 Před rokem +1

    If you can use a credit card responsibility, these do offer some excellent perks!

  • @jonathanhermes7685
    @jonathanhermes7685 Před rokem +24

    Eh I’ll just live within my means and not become a slave to debt

    • @cprove5751
      @cprove5751 Před rokem +2

      Lol exactly. Bank Masters

    • @tfe423
      @tfe423 Před rokem +10

      I use credit cards everyday for everything and have zero debt .

    • @ErlingGrey
      @ErlingGrey Před rokem +6

      Use your credit cards like debit cards. Get gas, get groceries, etc.. then pay your credit card with your debit card. Don’t spend more on your card than you would spend on your debit. Make sure to pay it off before your credit utilization gets too high. They say around 6% is the magic number. This number is easier to stay around the higher your credit limit is. It will build your credit and also if you have a chase card or American Express, you’ll be funneling your money through a cash back program. You’ll get 1.5%-5% cash back that you can turn into currency or spend on hotels and other things.

    • @COD0790
      @COD0790 Před rokem +14

      How does having a credit card make you a slave to debt? That’s the dumbest sentence I’ve read in a long time.

    • @isidrogonzalez7017
      @isidrogonzalez7017 Před rokem +4

      @@COD0790 he probably maxes them out when he can’t pay them 💀

  • @cicada3312
    @cicada3312 Před rokem +12

    you forgot to mention the 95-450$ FEE you have to pay annually and to break even you have to spend about 8k -10k in purchases

    • @sohaibhalk360
      @sohaibhalk360 Před rokem

      Yea but if you are prioritizing which credit cards you should get to max benefits and aren’t spending 10k you gotta prioritize how to make more money instead.

    • @DarkCeremony
      @DarkCeremony Před rokem

      You don’t to spend on the Platinum card to be in profit.

    • @louss
      @louss Před rokem +2

      That’s partially wrong. Yes, the annual fees are high, but you have to look at the benefits that each provide. If you can truly utilize all of the benefits and credits that each card offer you’ll actually end up saving money every year. I only have the Amex gold card so I can only speak on that one, but I know the platinum is similar.

    • @kungfoochicken08
      @kungfoochicken08 Před rokem +2

      @@louss The benefits are kind of bullshit. They're like $10 monthly credits for shit people are unlikely to use anyway. I run $250k through credit cards every year. Just get a Citi Doublecash, get your 2% back on everything and call it a day. Who the hell wants to carry around a bunch of cards and try to remember which card to use where and how to maximize the return on your points?

    • @louss
      @louss Před rokem

      @@kungfoochicken08 I agree. After spending almost a year with the Amex gold, I canceled it and am sticking to only my NavyFed cash rewards card. It felt like a chore having to make sure I utilize things like the Uber credits, and checking the Amex deals before I went shopping.

  • @markmineses6260
    @markmineses6260 Před rokem

    Should I cancel certain cards to obtain these?

  • @LordCruse
    @LordCruse Před rokem

    This is the best video on credit cards on CZcams

  • @claudemartelly7421
    @claudemartelly7421 Před rokem +3

    Dave Ramsey does not approve

  • @nytobake3543
    @nytobake3543 Před rokem +3

    I have Chase Amazon Prime Visa and Citi Costco Visa and Discover. And I have unlimited Chase Ink Business card. Any thoughts on my choices?

    • @VincentPascual
      @VincentPascual Před rokem

      The Amazon Prime Visa is a must have for anyone. Ink Unlimited is fine, but I would also suggest the Ink Cash and Freedom Flex for building up UR points faster. Discover is a great card to have too. Citi Costco Visa is a great gas card and is useful at Costco if you want to take advantage of the 2-year extended warranty benefit on the card.

    • @94ecua
      @94ecua Před rokem

      Rookie ones, u should get the top credit cards. Unlimited is nice

  • @Muzzballs
    @Muzzballs Před rokem

    This is really great... If you already have a lot of money and well paying job. 3 of those cards are annual fee cards. You can make the money back from that annual fee, but if you're the average person, you probably won't get near getting back that value of the fee. You probably won't spend enough to really make back that fee either.
    With a really well paying job and good base to already stand on, then this is the dream. Works better than most/any other (travel) setups. But it's just not feasible for the average person. Cashback setups till you can get setup (financially well enough), then go for this later on in life (assuming you've moved up/forward).

  • @Galatzo
    @Galatzo Před rokem

    Haha the asian fella rockin the Dave Ramsey suit

  • @Smoshylife
    @Smoshylife Před rokem +4

    Venture X

  • @boiiifudont1368
    @boiiifudont1368 Před rokem +6

    Just your daily reminder to NEVER BANK WITH CHASE okay thank youuu

  • @pocortr9077
    @pocortr9077 Před rokem +2

    As America is suffering from record high credit card debt, yea screw it, go get a couple more cards… 😂

  • @Satrim373
    @Satrim373 Před rokem

    Cards you’d recommend for everyone. Lists pretty much only travel cards and a few high fee cards.
    Only card I’d say everyone should have is the Bilt Mastercard and a 2% cash back credit card. Those are the only essential ones IMO however you can optimize with many more credit cards

  • @YonkoYokai
    @YonkoYokai Před rokem +8

    “Excuse me I’d like to use my American Express platinum card”
    *declines*

  • @huangnator
    @huangnator Před rokem

    These suggestions are good if you can take the time to look through rewards availability and want to totally maximize you rewards values through travel rewards.
    If you don't want to go through the hassle, there are simpler ways to get more cashback. My two main cards are the Costco visa which does 4% on gas, 3% on dining and travel, 2% on Costco, and then i use amex blue cash preferred with a $100 annual fee, but you get 6% for groceries and streaming services in addition to amex offers (vender specific statement credit offers for spending a minimum amount).
    Those two cards cover most of my daily spending, and then i supplement with Amazon prime card and a good non category spend card like chase freedom unlimited (base 1.5% on everything) or citi double cash for 2% on everything.

  • @phil_8367
    @phil_8367 Před 2 měsíci

    I have the Chase trifecta. It works great!

  • @GerbsInDaBuilding
    @GerbsInDaBuilding Před rokem +4

    Got the gold yesterday, shits nice asf

  • @ryantaylor6530
    @ryantaylor6530 Před rokem +6

    No credit cards, no debts no problems.

  • @salmanc1
    @salmanc1 Před rokem

    Chase thanks you for your support. As does American express. Both cards offer peanut pickings for mileage collectors.

  • @MarioRodriguez-qb7kz
    @MarioRodriguez-qb7kz Před rokem

    In short some cards are use for specific things. The cash back isn’t significant but it’s going to be money you spend anyways. Might as well let it add up in rewards.

  • @thatoneshortboi
    @thatoneshortboi Před rokem +5

    Good info indeed but the platinum and gold charge annuals fees are pretty hefty I might add

    • @frankelse745
      @frankelse745 Před rokem

      Not if you know how to use the cards in a way that benefit you.

    • @thatoneshortboi
      @thatoneshortboi Před rokem +3

      @@frankelse745 oh no trust me I’ve read the meta but it doesn’t benefit everyone in order to break even you would have to spend $1,050 on flight or hotel for the 3x bonuses a year to break even on the annual fee. Most people do not travel so it is a very niche card. As for gold you have to spend ~ $1500 at restaurants a year to break even on the annual fee. Now these aren’t impossible by any means it’s just that it seems like these aren’t for everyone because of how specific the categories can be.

    • @anandr1385
      @anandr1385 Před rokem

      Agreed. This is for big spenders or people who want to live like big spenders.

    • @J.Zealuis
      @J.Zealuis Před rokem

      @@thatoneshortboi no you would need to spend Atleast 25k to break even right? Since it’s a 250 dollar annual fee

    • @walkermorales337
      @walkermorales337 Před rokem

      @@thatoneshortboi for the gold it’s more like $250 in restaurants a year and $120 in Uber a year to break even from my understanding.

  • @iseepandas1
    @iseepandas1 Před rokem +4

    I’ve never heard of anyone that got rich off credit card points..

    • @irvsisdad
      @irvsisdad Před rokem +6

      it’s not to get rich it’s to take advantage of benefits from spending money on a certain card. Nothing good out of it unless you really be using your credit card like that. Which we should all be though

    • @parkerjohnson5270
      @parkerjohnson5270 Před rokem +1

      i’ve never heard of anyone saying you can get rich of credit card points lol

  • @Smsrules1
    @Smsrules1 Před rokem +1

    When you're a JPM and AMEX investor...

  • @imjustthere9343
    @imjustthere9343 Před rokem +1

    He's asking to get kidnapped and locked in a vault.

  • @MarryGolder
    @MarryGolder Před rokem +3

    Me as a small business: NOPE, I won't accept your AmEx as that "free money" you think you're getting from it, I pay for. Use a normal card that does not rip off businesses or find someone else to buy this unique and nice product only I supply from.

    • @Usarmymilitary75
      @Usarmymilitary75 Před rokem +2

      You probably don’t supply a nice and unique product and if you’re too poor to accept the American Express card then I guarantee we don’t need your product

    • @MarryGolder
      @MarryGolder Před rokem +2

      @@Usarmymilitary75 "give me free sh*t"
      No.

    • @RockiesMountains
      @RockiesMountains Před rokem +1

      @@Usarmymilitary75 own a business and then talk
      Mmmmm hourly worker

    • @walkermorales337
      @walkermorales337 Před rokem

      I don’t know if you’re allowed to disclose it, but how much higher are AmEx’s merchant fees compared to Mastercard and chase?

  • @chrismarc4879
    @chrismarc4879 Před rokem +3

    What's Yearly Cost Of These Cards?

    • @EvanR13
      @EvanR13 Před rokem

      Both Chase Freedoms (The Unlimited and Flex[not in this video] )are $0 and the Sapphire Preferred is $95. AMEX Gold is 250 and Platinum is 695

    • @chrismarc4879
      @chrismarc4879 Před rokem

      @@EvanR13 thanks 👍

  • @404_username_no_bueno
    @404_username_no_bueno Před rokem +6

    *Dave Ramsey enters chat* "How about no"

  • @degrassi420
    @degrassi420 Před rokem +5

    locking myself into decades of credit card debt because some dude flexing on youtube shorts told me to

    • @jb-iw5yd
      @jb-iw5yd Před rokem +1

      you can't do squat without credit and I mean nothing

    • @MichaelMillerVlogs
      @MichaelMillerVlogs Před rokem

      @@jb-iw5yd Prepaid.

    • @MichaelMillerVlogs
      @MichaelMillerVlogs Před rokem

      @@jb-iw5yd Prepaid.

    • @sachins2447
      @sachins2447 Před rokem +1

      Or you can just spend responsibly and pay off your debt every month 🤷‍♂️

    • @jb-iw5yd
      @jb-iw5yd Před rokem

      So you book flights with a pre paid you can't even get a nice motel with out a credit card fam 😂 hey you no what good luck with that one 😂

  • @kennethcox9883
    @kennethcox9883 Před 11 měsíci

    agreed because that album fee is crazy

  • @mar-mole-ade4797
    @mar-mole-ade4797 Před rokem

    Bro's almost ready to summon the blue eyes white dragon

  • @ryanvinson8622
    @ryanvinson8622 Před rokem +3

    Don’t get a credit card in the first place

  • @tmoss89
    @tmoss89 Před rokem +5

    these cards debt ain’t cool Guys

    • @saywhatithink5006
      @saywhatithink5006 Před rokem +1

      You repay it free stuff is cool brokey

    • @robertknox4018
      @robertknox4018 Před rokem +1

      Neither is having shitty credit because you have no credit history and a tiny borrow limit

    • @lil_dick_girl_666
      @lil_dick_girl_666 Před rokem +1

      @@robertknox4018 ?

    • @robertknox4018
      @robertknox4018 Před rokem

      @@lil_dick_girl_666 credit cards aren’t bad in and of themselves. They build your credit. Just pay them off quickly (and don’t apply for too many) and they boost your credit score on top of giving you cash back or other benefits

    • @hobbylobby7967
      @hobbylobby7967 Před rokem

      @@lil_dick_girl_666 credit bureaus don't just look at if you've paid on time, which is the most important but not end all be all. They also look at things like how many places you've got loans. Not that you should use credit cards that way, but if you've only got a mortgage for instance, you're a "thin file" with only 1. Even 2 is low if you're financing a car with your house. heck I've just 4 and considered a thin file, my 5th will be another credit card too and I will no longer be a thin file. Also paying credit cards and your other loans gets your credit history, another thing they look at, to accelerate a lot faster. Those are just among others they look at

  • @michaelparms6666
    @michaelparms6666 Před 28 dny

    These cards are travel cards meant for traveling. Everyday cards usually have low/no annual fees. The AMEX cards self promote through prestige. There's not much advertising for AMEX for the reason that, they aren't marketed to everyone. They are for a specific demographic looking for what AMEX offers. Amex is meant to be used moving around hence no exchange fees for foreign currency. Hotel credits airline credits large points on food and travel.
    Amex is for traveling

  • @cscottfish
    @cscottfish Před rokem +1

    Ive never watched an interview with a millionaire that proclaimed credit card points as the catalyst to success

    • @walkermorales337
      @walkermorales337 Před rokem

      A lot of them did use credit at some point though. Billionaires use credit all the time as well.

  • @tylermiller6758
    @tylermiller6758 Před rokem +4

    And pay their 23% rate🤦🏻‍♂️

    • @lorenzoalegria8066
      @lorenzoalegria8066 Před rokem +21

      Don’t use a credit card unless you can pay it monthly, otherwise there’s no pint of the benefits

    • @flakes369
      @flakes369 Před rokem +9

      why would you pay that rate? just pay your card off in full each month

    • @GerbsInDaBuilding
      @GerbsInDaBuilding Před rokem

      With Amex your supposed to pay it off in full each month unless you get the gold or plat card you can anywhere from 18-28% rate on specific charges you request to roll over but I wouldn’t recommend it

    • @tfe423
      @tfe423 Před rokem +4

      Not if you pay them off every month

    • @COD0790
      @COD0790 Před rokem +5

      Who exactly would pay any credit card rate? If you can’t pay off that amount in full every month you should never have access to one.

  • @juannegrete4029
    @juannegrete4029 Před rokem

    Does no one else see the issue of chase preferred vs gold card they both get the majority of points from the same items so this would cause an issue I feel like it needs a larger breakdown also like the annual fee. Personally I have both but originally for the sign up bonus because they were really high and I have someone using the gold card with all their purchases on it. But otherwise these are better for sign up bonuses they’re almost copies of one another and while you can combine two chase cards together Amex and chase are competitors so o you have half your points in Amex and half in chase you can’t combine for your trip but you can use them separately on your trip. Both really great cards though just think it’s not as simple or accurate what was said

  • @excitinglife2302
    @excitinglife2302 Před 2 měsíci +1

    Since you have the sapphire preferred for travel rewards, why also have the freedom unlimited instead on the citi custom cash for the everyday spending?
    The 5% cash back of the citi for gas n grocieries is unmatched!

  • @schnapps77
    @schnapps77 Před rokem

    I have the citi double cash for most of my spending. 2% cash back on every purchase that I can use for travel or literally anything. No restrictions or limits.

  • @thebookwasbetter3650
    @thebookwasbetter3650 Před rokem

    I got the chase freedom. Points can be cashed in for gift cards for Amazon and Target. Pretty slick. My boa card has more one off things.

  • @1999gstephens
    @1999gstephens Před rokem

    The chase freedom unlimited gets 1.5% back. Multiply by 1.25x for having the Chase Sapphire Preferred and now you're at 1.875% when plenty of fee-free 2% cards are out there.
    With the Reserve it could make sense as it's a 1.5x boost on points, giving an effective 2.25% on everything, but then you have a massive annual fee that most people won't find worth it

  • @brkctrl
    @brkctrl Před 18 dny +1

    How many thousands is that on annual fees?