First 5 Credit Cards Strategy for Maximum Points 2024 | MUST WATCH Before Applying!
Vložit
- čas přidán 15. 06. 2024
- 💳 Sebby's Card Picks: asksebby.com/go/cardpicks Click "Show More" to see Ad Disclosure.
More Chase Freedom Rise: www.asksebby.com/go/freedomrise
Timeline
0:00 Start Here
0:40 Building Credit History
1:47 Optimal Strategy
5:11 Business Credit Card Exception
6:16 Over 5/24 Strategy
7:58 "But I Want XZY"
8:40 Warnings
10:32 Shiny Objects
---------------------------------------------
Securely browse the internet:
🦈 83% Off + 3 Months Free VPN Deal: surfshark.deals/ASKSEBBY
Free Stocks & 💸:
📈 Get Free Stocks on Moomoo when you deposit $100 (limited time offer): www.asksebby.com/moomoo
📈 Get 2 Free Stocks on WeBull when you deposit $100 (limited time offer): bit.ly/AskWeBull
🛍️ Get a $20 Bonus after spending $20 at Rakuten: www.asksebby.com/rakuten
🎥 My Entire CZcams Camera and Recording Equipment: www.amazon.com/shop/asksebby?...
---------------------------------------------
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby 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 products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available
-----------------------------
Follow us for updates:
CZcams Subscribe: bit.ly/subscribeasksebby
Newsletter: www.asksebby.com/newsletter
Instagram: / asksebby
Mandy's CZcams: / mandyroams
Mandy's Instagram: / mandyroams
💳 Sebby's Card Picks: www.asksebby.com/credit-cards
More Chase Freedom Rise: www.asksebby.com/go/freedomrise
CSR Calculator: www.asksebby.com/credit-card-reviews/chase-sapphire-reserve-calculator
👋
Awesome video buddy! You are always on the mark with the credit card information. Awesome 🎉
Great video!
Great video for people!
Glad it was helpful!
Ask Sebby and Credit Sifu doing the same topic on the same day! I call shenanigans!
🙃😈
@@AskSebby yes watched them back to back.. SUS
They prolly checked the google trends
This channel is better ;) Sebby speaks from experience 🎉
Can you drop a link for that organizer you use for your cards?
First five cards: Amex Platinum, Amex Gold, Chase World of Hyatt, Citi AA Platinum, and Venture X. Later picked up the Delta Gold, Chase Amazon Prime, and most recently, the CSP. I need to sit down and calculate whether we really NEED two premium travel cards, but I really like what they both offer. The others more than pay for themselves, although I just got the CSP, so I'm not sure yet if it'll be a keeper card. Living in a small west Texas town and traveling within the U.S. 2-3 times a year, our use cases and cost benefit analyses are wildly different from yours, but your general advice works for us, and I enjoy hearing the perspective of a frequent traveler.
LOOKING FOR OPINIONS -
I have the freedom unlimited & Preferred already.
BUT, I got preapproved for their slate card? Nothing crazy but it is 18 months 0% interest on transfers.
I have about $8000 owed on my preferred card right now and can pay it off in full, but, would it be ideal to transfer that to 0% and keep the money? What do you guys think?
🐇 Almost 300k !!!
👂👂 sounding good
🐇
Does the capital one 2 car limit only count for there main cards or any cards? I have both the Walmart card (for business) and the quick silver card which was my first card
Main cards
First 5 cards:
1.) Amex Gold
2.) CSR
3.) AMEX PLAT
4.) Marriott BONVOY BOUNDLESS
5.) World of Hyatt
No regrets🎉
🐇 My first five cards were the Wells Fargo platinum/Freedom Unlimited/Hilton honors/Amex gold/Amex platinum I definitely got excited by the fancy cards in the beginning so I do regret getting the gold and platinum that early
🐇 My first 5 cards were two BofA student cards, and then the Chase Freedom/Unlimited/Sapphire Reserve. I’m up to 22 total now.
🐰 Sebby, what are your thoughts on Bank of America and Preferred Rewards program?
He’s made videos on the subject in the past
im at 3/24 rn. having the c1 duo, the csp and freedom unlim. What would you recommend? branching out to other bankers like amex or go for hotel/airline specific cards? Amazing video as always!
CFF & WF Autograph, & CIC if you want a business card.
@@dannyanderson6189 ive been interested in a business card. But we dont have enough expense on ours to meet a sub, and putting personal expense towards that always makes me worried
🐇🐇 When you refer to velocity, do you mean spending velocity or how rapidly you’re acquiring new cards? thanks
Acquiring cards
I currently have two u.s. bank cards with a combined credit limit of $15,000. I'm looking for another card with at least a $15,000 or $20,000 starting credit limit. Which card would you recommend, my credit score is 775 and perfect payment history and never used over 10 percent of my current credit cards and currently don't have a balance on either card.
BoA CCR (Online Shopping), Disney Visa (I lived in Orlando... terrible card though), Amazon Prime Visa, Amex Plat, Amex Gold.
Next up, Bonvoy Brilliant or Hilton Aspire (if I can get out of PUJ for both)... or Boundless to PC to Ritz a year after.
I recently, and happily, burnt a 5/24 spot on my second round with Chase for the Amex Surpass. Solid keeper card on its own and the 15K spend free night is highly valuable to me. I think having such an "ultra work horse" in your roster is a smart move, because it allows you to stretch out velocity if you want
Im trying to garden for more ink cards, but i really that surpass card
I got the freedom flex with no credit score.
Chase agent told me in branch today that a new Sapphire Preferred promotion is dropping on 4/28
Hopefully!
So really thanks to Mandy you got into yolo trips. Shoutout to Mandy lol
Currently still under 5/24
1. CSP
2. Bilt
3. CFU
4. Chase Hyatt
🐇 Great video, Sebby. I regret not getting into Chase early, as I went to cash back maximizing more first. We’re that No. 2 path right now - we just had a baby and our Southwest & CSR w/ AU annual fees are coming next month! We’re in a weird spot though, as our travel will not be gone, just limited. We still want PP because our home airport has a nice lounge, still have Delta status and looking to go to San Diego in July (driving), ACL in Austin in October and NYC in December (flying). As such, we’re thinking of downgrading the CSR after using the travel credit to the CSP and having me get the Venture X as I hold a SavorOne and Spark business card, or jump into Chase since I’m at 4/24. An interesting time to be on both teams right now!
🎉First five cards: (still have all of them)
Navy Federal nRewards Secured (graduated to unsecured)
Barclays JetBlue No AF
FNBO Sheetz Visa
AMEX Green
AMEX Delta Gold
Most recent addition was the AMEX BCE
I enjoyed my Chase set up especially because they transfer to United Airlines 🐇
Hi
👋
🐇 How can you get a bonus again after the 2yrs are up?
Also i spoke with a chase rep and he said even the business ccs count towards the 5/24 bc to apply for business card you need to put in your ss.
Product change to something different and apply again. Most bank reps are uninformed.
@@AskSebby excellent thanks!
Anything over three credit cards is nuts.
🐇 can you do a similar video for business cards?
Yup, on the to do list for the business channel.
🐇If i could do it all again, I'd start with USB Altitude Reserve, CapOne Duo, a $95 hotel keeper card, and then slowly add 5% cards (Amazon, CCC, CFF, etc).
This is solely based on how i travel. Twice a year and only domestically.
Before I got involved with the travel game, I had 3 existing cards for totally different purposes. My first 5 for travel were: Chase Freedom, IHG Select (discontinued but grandfathered in), Sapphire Preferred, Freedom Unlimited, and another IHG but for the Premier. The Freedom Flex was my 6th. My 7th was for another Sapphire Preferred SUB.
I watched one of your videos and now CZcams is serving me so many videos of others selling travel rewards credit cards, yikes!
My first card was a Credit one credit card. I was mistaken thinking it was a Capital One card. Worst card I’ve ever owned.
No Amex whatsoever in this video? Surprised. What was your logic behind that?
Optimal strategy is Chase for 5/24, Capital One and anything else sensitive to inquiries, and then Amex at the very end.
@@AskSebby gotcha. I’d love to hear your thoughts on business credit line offers such as the one from Amex. Maybe on your business channel you can touch on that one of these days. Also, your roundup videos are typically my favorite. Thanks for putting all this together.
Amex will approved you even when you’re at Lol/24. They’re also not churn friendly so it’s best to save Amex til the end
🐇 Just hit 5/24 with CSP. Now I have the chase trifecta, Amex platinum (150k sub) and a United card. I have 500k already!! Thanks to your videos Sebby!!
Awesome!
🐇 started w Discover secured card
- fortunately caught the CSP 80k SUB on the last day available only a month later.
- AMZN 2 months after
- denied repeatedly for CFF (
W
🐇 Dear Mr. Sebby, today’s video feels very un-caffeinated… are you detoxing from ☕️☕️☕️? Still love your work and life’s passion! Albeit in relatively slow motion 😊
Haha, a bit tired. Yes, recovering from Houston.
🐇
So, why does everyone hate United? Sorry for naive question - I don’t fly enough to know
IMO United's customer service has really gone downhill. The food in business class (on the airplane) is really pretty poor as compared to 5-10 years ago. The lounges also do not offer the food and some services they did in the past. I remember in 2005 in the United lounge in Chicago there was a buffet, full spread with a guy slicing prime rib, etc.
The service from the flight attendants is also marginal. I'll tell you a funny story (below) if you feel like reading it.
One time, about 2010, I was flying Tokyo to Chicago on United business class. I boarded, found my seat which was an isle seat in the center section. In the seat next to me was a 2.5 to 3 year old boy (car seat strapped into the seat), then his mother was on the other side on the opposite isle (only 3 seats in center section). I greeted them, then walked over to the flight attendant (FA) who was working our section and politely asked her if the plane was not full, is there a chance I could switch seats, due to sitting next to a small child on a 14 hour flight
The FA did not hesitate to abruptly tell me no. I said OK, thanks and took my seat. The child was really pretty pleasant and we got to know each other a bit. I had young kids at the time, but was traveling alone. Fast forward 6-7 hours...I wake up and see that mom is asleep and the little boy was not in his seat. I look up the isle into first class and see him wandering, barefoot, up/down the isle. I try to get the FA attention, but they are not paying attention. So, I get out of my seat, go up the isle and smile at the little boy and say, let's go back to our seat. He grabs my hand, and we are walking back to our seat. As we are walking past the galley separating first class from business class, the SAME FA says to me "Sir, you can not let your child wonder up and down the isle"! I quickly told her "This is not my kid, and one of the reasons I asked you if there was a different seat I could possibly switch into". I told her I watched the kid wander in the isle for a couple minutes and no one noticed except me. Rather than being apologetic, the FA got upset. She walks over to the mom and grabs her with both hands by the collar and shook her awake and proceeded to yell at her about her son, before mom even had a chance to wake up and realize what was going on.
Neither the FA or supervisor ever came to me with any form of a "thank You" or an apology.
I used to make that round trip Tokyo/Chicago in business class about 3-4 times per year for many years. After that I started flying ANA (Al Nipon Airways) where the service and FA are so much more attentive and still bagged United miles because they are a part of STAR Alliance.
This was way before all the attention on human trafficking and I felt OK to guide the child back to his seat. Long story but I think it speaks volumes.
🐇
🐇🐇🐇
player 2 can make billionaire player 1 a millionaire
🐇 AmEx BCP & Green, Redstone Signature Visa, Chase Freedom Unlimited….no regrets 🤣
🐇🐰
Rabbit
No Amex sebby? Shame…
Recent changes to their bonuses and criteria for application. Now you have to start at the Amex green without exception, you can’t get a gold or platinum without disqualifying yourself of a future cost. The only Amex’s I think are even worth it anymore are the Hilton cards and the bonvoy brilliant if you’re in the late game and looking for guaranteed value each year
Not optimal before 5/24
🐇🐇✈️
🐰🐇
9th
👋
🐰for algo
🐇
1. BoA Customized Cash
2. Double Cash
3. Freedom Flex
4. Venture X
5. Sapphire Preferred
Man I regret not sticking to the chase family for the added points, i guess back to gardening
🐇 🐇 🐇
Squuuuuuuuuuad
🙌
Sebby makes countless videos about how to save money and maximize value......yet lives in CALIFORNIA!?? Makes zero sense!
Why make money in the first place if you can't choose where you live without taxes dictating it 🙃
People shouldn’t EVER get BRANDED cards this way rewards are way more valuable/flexible
Ok I am from Canada (EH)!! IF you spend $250 K per yr with ANY Card???? on everything you pay for? What is the best card??????? Is there a breaking point that would become a Neutral card!!???
Business spend? Check out the Ask Sebby Business channel and pick what you want to optimize for.
🐇
🐇🐇🐇
🐇
🐇
🐇
🐇
🐇