Investing With Rose Credit Card Set Up: How To Improve It

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  • čas přidán 19. 05. 2024
  • @itsrosehan recently had a video where she gave a look at the bank account she uses, crypto she has, and the reward credit cards she uses. So I take a look at her travel credit cards and the issues she may encounter and how a few small changes can really increase her credit card rewards.
    Investing With Rose's Video: • My Finances Revealed! ...
    00:00 - start
    00:32 - Inefficient Set Up
    1:05 - Rose’s Current Set Up
    2:42 - MaxRewards
    3:31 - Issues With Set Up
    7:35 - Improving Set Up
    11:05 - Final Thoughts
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Komentáře • 62

  • @JakeBroe
    @JakeBroe Před 2 lety +16

    10/10, an improved setup! But yeah... she could just run the Chase trifecta with the business card and then transfer all of her points to United if that is what she values.

    • @WallersWallet
      @WallersWallet  Před 2 lety

      Totally. It’s an easy set up and would give better options for redemptions 🙌🏼

    • @j0epark1
      @j0epark1 Před 2 lety

      Exactly, I don't think she really did her due diligence. If only 3 cards, do the AMEX setup or the Chase setup exclusively. Or even Citi is getting more competitive at this point.

  • @kmque3166
    @kmque3166 Před 2 lety

    I loved it when other youtubers critique their colleagues. Dustin u improved Rose’s credit card setup immensely.

  • @hueymiller4842
    @hueymiller4842 Před 2 lety +12

    Great video Dustin. I love this style of review. Also, off subject but do you have a video coming out about the Schwab platinum official devaluation?

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      I will have one, but I’ll probably wait until the other rumored changes are officially announced, in the event other changes are made. Which should be in a few days 👍🏼

  • @moneybee
    @moneybee Před 2 lety +3

    Love the Buzz shirt! I just watched the "Inside Pixar" documentary, and it gave me a whole new appreciation for 3D animation.
    But that's besides the point. Great walkthrough Dustin, I hadn't seen Roses video on this, and am eager to compare with your suggestions! :)

    • @WallersWallet
      @WallersWallet  Před 2 lety

      I can’t even imagine the amount of work that goes into a 3D animated movie! Thanks for watching Courtney, I appreciate it 🙂

    • @amherst2013
      @amherst2013 Před 2 lety +1

      Even money bee is here

  • @ZacsMoneyFAQs
    @ZacsMoneyFAQs Před 2 lety +4

    6% cash back on groceries blew my mind! This was a great breakdown, I thought that you had a lot of good input. I also use the Chase freedom unlimited as my catch all card but, I feel like the 1.5% is a little low. When I got the card though, it was the best offer I could find at the time and now it is one of my oldest accounts so I'll definitely be keeping it. I'm always on the look out for cards with their specific perks though.

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      If you’re in the chase ecosystem the freedom Unlimited is a solid non bonus card. If you’re not, there definitely are better options 🙌🏼

  • @MarkReese
    @MarkReese Před 2 lety +9

    Great new response video format! 💯 This reminded me the Amex Business Gold Card needs a (useful) annual credit 😁👌 Also agreed about your thoughts around ‘card cohesiveness’ based on how much Rose spends.

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      thanks! The Biz Gold could definitely use one. Especially when you consider the personal Gold has credits with a lower AF

  • @jackie6786
    @jackie6786 Před 2 lety +1

    I see why Dustin's channel has not exploded yet. most people are losers and have no patience for detailed high quality stuff over 3 minutes.

  • @danielmurphy8218
    @danielmurphy8218 Před 2 lety +6

    Would love to know what Rose thinks of your suggestions as a follow up video Dustin

  • @brucebanksshow
    @brucebanksshow Před 2 lety

    Rose also like lounge Access and TSA pre check so would the business version of Sapphire Reserve be better?

    • @WallersWallet
      @WallersWallet  Před 2 lety

      Unfortunately at this time there isn’t a business version of the Sapphire Reserve. Maybe in the future.

  • @SuperLeonard7
    @SuperLeonard7 Před 2 lety

    Hello Waller's Walllet my credit score isn't high enough to qualify for a high end credit card. The only card that I have is a a capital one Platinum with a low amount. Need your advice

    • @WallersWallet
      @WallersWallet  Před 2 lety

      I would work on keeping your utilization lower and making sure to make all your payments on time. Those will help increase your score since that is roughly 2/3s of your credit score

  • @SolidLiquidFox
    @SolidLiquidFox Před 2 lety +2

    A much improved set up. 👏

  • @pg6299
    @pg6299 Před 2 lety

    I’m running chase: CSP, unlimited & flex. The possibilities are endless.

  • @docsays
    @docsays Před 2 lety +2

    i agree. great suggestions!

  • @MrKingKameleon
    @MrKingKameleon Před 2 lety +2

    If she values United so much, I think she should go with Chase UR setup for sure. Really like your set up man take care and keep moving forward!

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      Thanks Joseph! I think it would an upgrade for sure. Take care!

  • @naphtal
    @naphtal Před 2 lety

    I can't.do squat with my membership rewards. I'd rather trade them for Chase points.

    • @WallersWallet
      @WallersWallet  Před 2 lety

      There are a lot of great options with Amex points. Are having issues finding ways to redeem them?

  • @Frostyrnb77
    @Frostyrnb77 Před 2 lety +1

    Rose is an okay content creator, I'll admit she does provide some helpful tips on saving/budgeting. Though her investing advice videos, aren't exactly what I agree with. I feel like majority of her investing videos are just baiting viewers to buy her online "kits".
    She could run the Chase trifecta: Freedom Flex, Business Cash/Business Unlimited, and a sapphire card
    Drop: Amex Business Gold
    P.S. Dustin thank you for not converting to the crypto game. I enjoy the credit card hobby even though I'm a low income earner. Keep it up! :D

  • @bowedonut22
    @bowedonut22 Před 2 lety +5

    Honestly her whole setup could just be the personal gold and the BBP and call it a day. I still think this is the best and easiest setup if you don’t care about lounge access. I would also throw in a Visa/MasterCard with no foreign transaction fees as a catch all for anywhere that doesn’t accept Amex

    • @WallersWallet
      @WallersWallet  Před 2 lety +3

      It would come down to redeeming. Amex points are valuable. But if someone isn’t into learning their partners, it won’t be beneficial.

    • @bowedonut22
      @bowedonut22 Před 2 lety +1

      @@WallersWallet I agree with that, Amex is definitely the best if you learn how to use the points. I think the next best would just be an all cash back setup over a Chase trifecta though. Three cards could be Blue Cash Preferred, Citi Custom Cash, and Citi Double Cash with almost any business card she’d want

  • @amherst2013
    @amherst2013 Před 2 lety +1

    Hi Dustin chase trifecta!

  • @morkmckerr
    @morkmckerr Před 2 lety

    no mention of fidelity CC for team cash back?
    she's a fan of Fidelity investment accounts. 2x catch all for no cat spend?

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      could be an option, I went with a UR set up (so Freedom Unlimited) but if going cash back then yes, that would be a good option

  • @jackie6786
    @jackie6786 Před 2 lety +2

    Dustin, how did you become so educated? I sense a little kaizen in you, have you heard about this philosophy?

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      I haven’t heard of that. But after looking it up, I’m always trying to improve. I’ve spent a lot of time researching points and cards. And just trying to find ways to help people save money for travel (or whatever their passion might be)

    • @jackie6786
      @jackie6786 Před 2 lety

      @@WallersWallet truely, your channel is a gem. Both the way you speak, the quality of the content, the delivery, perfect! I am binge watching your videos while doing daily chores and can still get lots of high quality information!

    • @jackie6786
      @jackie6786 Před 2 lety

      I think you should also do stock market reviews, any financial materials require a guy like you who can speak calmly, rationally, methodolically, and effectively.

  • @amherst2013
    @amherst2013 Před 2 lety

    CSP is better than united but that is just me Lol

  • @Rolo555
    @Rolo555 Před 2 lety +1

    I see no issue with her having a United card and not a Chase all in one card such as CSP or CSR. CSP and United $95 earn the same amount of miles if she sticks with United. And maybe she doesn’t want to pay the CSR fee. And she may not like the other Chase Partners such as Hyatt. She may like Hilton’s instead. Plus she may have status with United, which means she’s earning more than 2x per dollar thru Premier Status.

    • @WallersWallet
      @WallersWallet  Před 2 lety

      It’s the flexibility she loses, which is pretty big based on recent (and upcoming) devaluations. Even if, let’s say, Hilton is Roses hotel of choice. She would have flexibility to use the travel portal to book her stay. It can be helpful for United benefits though.

  • @RC94332
    @RC94332 Před 2 lety

    Rose is hot 🌹

  • @joemama69448
    @joemama69448 Před 2 lety

    Watch out Dustin, Rose might think you're "man-splaining" her finances. According to her this is a serious micro-agression that shows your unconscious sexism 🤣. And yes, she really did make a video about this.

    • @WallersWallet
      @WallersWallet  Před 2 lety +1

      I would hope she doesn’t take this video that way. She’s a finance YTer. I would have done the same type of video if Graham or others had shared their CC set up

  • @Beekeeper8011
    @Beekeeper8011 Před 2 lety +5

    Rose is a train wreck, personally and financially.

    • @joemama69448
      @joemama69448 Před 2 lety +2

      Like the video about how hard finance is for women... ultra cringe.

    • @Beekeeper8011
      @Beekeeper8011 Před 2 lety +1

      @@joemama69448 I unsubscribed after that one