Living in a delta hub I use whatever card gives me the most points for a given purchase using (chase trifecta + gold + bbp) and I transfer a lot of points into Virgin Atlantic to get delta award flights. The only time I deviate from this is if I want more chase points for a Hyatt redemption
I know you mostly compared Chase and Amex here, but funnily enough you made the Citi trifecta probably the most attractive of the 3 to me. Not solely from this video, that's also fed by several other videos I've been watching recently, but you've definitely helped solidify that viewpoint for me
The citi trifecta with the premier more so competes with the chase trifecta with CSP. Amex does not have a lower cost trifecta like chase and citi does, just another thing to keep in mind. I would say it is very easy to justify a chase trifecta with the preferred instead of the reserve if you’re just starting out in travel credit cards.
@@TheCreditShifu do you think the citi bifecta would be worth it if someone was just wanting the cash back setup from Citi (e.g. double cash + custom cash)?
@@caribdude8151 yeah thats a great setup for cash back. But if you just want cash back, never points, the coinbase debit card offers 4% on non-category spend. Check it out
yeah, good luck redeeming Amex points for anything good than super expensive 1st or business class international flights. Chase, on the other hand, can be easily redeemed at 1.5% or over 2% also easily with Hyatt hotels. Flights is the same thing though.
Yeah then you have to ask yourself would you stay in these Hyatt hotels if it wasn't for having to use your Chase points. I am very happy to stay in cheaper airbnbs especially when traveling you're going to spend most of your time outside of the hotel. Then you begin to wonder are you just staying in those Hyatt hotels because you have chase points to use.
@Re3iRtH well, the point of the video is to understand if chase trifecta still worth it and compare 3 major credit cards issuer’s points system. Out of these three, Chase is the most versatile and easy to spend. Amex is terrible in this respect. Not sure what you are referring in your answer though.
@@Re3iRtH I usually stay at the nicest reasonably priced hotel in area within the city im traveling to. Given that Hyatt has the best redemption for your Chase points, it’s a no brainer for me to always consider what they’re offering. I also have both trifectas, AMEX is great for status, points earning and aspirational redemptions but redeeming UR points for normal travel is far superior if you have the CSR
@@Mac-pluto I have the CSR, Freedom, IHG Premier, just got the Boundless. Also have the Amex Platinum Green and Gold. What else would you recommend for a budget to mod tier traveler?
The Citi premier does give you a 100$ off hotels booked through the travel portal. Not the most usable credit but definitely better than a lot of the Amex credits IMO.
For hotels, Amex isn't bad for transferring to Hilton during a 40-50% boost. 1,000 MR : 3,000 Hilton Honors. If we weren't already loyal to Hilton and Wyndham, Hyatt would strengthen the Chase pull, especially as I no longer value the Amex Platinum. Hilton Aspire + Delta Reserve makes more sense to me. Gold + Bus Gold + BBP is my trifecta.
I’m someone who wants to spend as little time as possible at airports, so I don’t really care about lounge access. I want to arrive as close to takeoff time as safely possible, and I plan on eating before I get there. The only time lounge access would be valuable to me is if I had a layover with a delayed flight, or the public bathrooms at the airport were not up to par and lounge access gave me access to a clean bathroom.
Chase Priority Pass also gives restaurant credit for the restaurants in the program, which AMEX Priority Pass recently removed. It's a small advantage for CSR.
Marriott gold members do not have lounge access, only platinum, titanium, ambassador. Gold members do not get room upgrades, they are reserve for top tear statuses
Correct on the lounge access, but gold do get a room upgrade if it is available, here is the text from marriott’s site: “ We’ll do our best to upgrade your room, based on availability at check-in. Upgrades are subject to availability identified by each hotel and limited to your personal guest room. See terms and conditions for details.”
I've been watching all personal finance channels for about 4 months and finally want to start getting some cards. Current fico 720. What do y'all think about this plan? 2022 Q.1 Freedom Q.2. Flex Q.3 Venture X Q.4 nothing 2023 Q.1 CSP What do you all think? Here's some context. I am a college student that travels at least twice per year. My income is around 20-30k. But my spend is also somewhat low. I plan to meet high sign up bonus requirements by paying tuition with the cards. The plan here is to have most spend on the Chase cards and store points until I get the CSP. Then the Venture X more or less pays for itself while offering great benefits. I do not plan to keep the venture long term but a few years can't hurt. Any thoughts would be appreciated. I'm gonna be asking a lot before making any decisions.
@Joel Mendoza Exactly, it feels like a card I can get with many top tier benefits with a non-existent AF due to what the card offers. It really pays for itself.
I recently got the CSP (first of my trifecta). Think I’m going to get the Flex in a couple months and then later this year (Q4) I’ll apply for the Venture X.
I was leaning towards amex but ended up with chase bc of the fact where i live i wouldnt be using their doordash, uber, and most other credits they have 🤷🏻♀️. Its such a hard decision bc both cards have great reward systems. Might have my husband get the amex in a couple months if its still on my mind. 🤷🏻♀️
@@timmyhutt7126 im thinking about it but i was actually just gonna get my S.O to get the amex in his name & me be an authorized user since hes an authorized user on my chase. Also was hoping to wait on credit cards until i get below 5/24 again to get another chase card as well
I have a business Amex trifecta (amex gold business which gives 4x in 2 categories, blue business plus that gives u 2x on all categories, and amex personal green which gives u 3x on most travel; amex green gives u 2 lounge access per year plus clear membership). I do personal spend with chase trifecta: chase reserve, fui, and freedom.
My Chase Trifecta: Ink Preferred, 3 Ink Cash, 7 Freedom Flex. My Citi "Trifecta": Prestige, Premier, AT&T AM, Sears, 2 Rewards+, Double Cash, 5 Custom Cash. Thinking of converting 2 Rewards+ to Custom Cash My Amex "Trifecta": Blue Business Plus, EveryDay Preferred, Rakuten. My US Bank "Trifecta": Altitude Reserve, 2 Cash+. My Barclays "Trifecta": Wyndham Business, Priceline (3.33%). And I want to get Cap1 "Trifecta": Venture X, Savor One.
I think if your going to compare you should do all in one category all 3 in cash back 3 chase airline cards /hotel or 3 travel cards but not mixing travel with cash back as cards do different things so looking at the travel card Chase Sapphire reserve regular chase sapphire Basic Sapphire airline cards South west United Marriott Bonvoy with American Express Green Gold Platinum this is a fair comparasion travel vs travel? I still think American Express has higher fees blah blah about them there Platinum card is basicly for travel there just full of it chase is a bunch of copy cats none of them are angels wheres Capital one?
My Chase Trifecta no longer includes the Reserve. With the increase in AF and lack of ability to use most of their new perks, downgraded to the preferred. They are putting a lot of focus on their travel portal, but that defeats having high hotel status when using their portal, so no interest there unless it was a place with no major hotel availability. 2022 will be different but still plugging along. My AMEX trifecta will remain unchanged.
Great video! I see where you can't get the welcome bonus with chase if you already redeemed one within 24 months. Does anyone know if that applies to business and personal cards? Do they treat this as 2 separate entities? Would I be able to sign up for 1 business and 1 personal on the same day and still get both welcome bonuses?
Great video! I’m debating about downgrading the CSR to a freedom (probably flex) and get a new CSP (I have had the CSR for more than 4 years). Also, I have already 1 freedom, 1 freedom flex, 1 freedom unlimited, and the Amex Plat. Should I do it or will I miss something? What would you suggest? I guess I have FOMO… 😅 Thanks
@@allthatshines1008 bc then he can’t get the welcome bonus on the CSP. Since he had the CSR for 4 years if he downgraded to a freedom he will then be able to apply for the CSP and receive the welcome bonus since he hasn’t received a welcome bonus on a sapphire card in 2 years, if he just downgraded his CSR to a CSP he’s loosing out on all those bonus points bc you aren’t eligible for the bonus if you downgrade
Transfer to BA, then use the BA website to book AA award tickets, it gives good value for US domestic flights, and going to carribean, e.g. NY to Cancun, or NY to LA or Vegas
because the redemption value towards hotels with amex is for the most part less than 1c per point. hence why the chase trifecta is very great for hotels and amex is great for flights.
We are going to do a series of videos on how to get maximum value out of each points currency, first one will be Amex, coming out either this weekend or next week
thank you so much! what should the next card after that be and how long should I wait to open it? i currently havent opened any cards so am good to go for the 5/24 rule.
I thought we can't transfer Chase points at all. I didnt know we can transfer between households. Is there a way to show that a person is in the same household?
So you have to link their account to yours, and then yeah you can transfer between family members. I believe you currently need to call to add your family member’s account for the first time and then after that it will show as a transfer option in Ultimate Rewards. You used to be able to just add it online, but they changed it last year.
Correct me if im wrong, but i believe that is only on the preferred. Since we used the reserve and two freedoms, i didnt mention it. But yeah if you used the preferred and two other cards to make a trifecta, you would get that, and also a $50 hotel credit
![The Wall Song ร้องข้ามกำแพง | EP.213 | กรีน อัษฎาพร | 3 ต.ค. 67 [1/5]](http://i.ytimg.com/vi/3KrlLbCsadI/mqdefault.jpg)
Here is the link to the handy Chase Trifecta VS Amex Trifecta tool: bit.ly/3K3HkL7
As far thought the chase trifecta is the one for me. I think the big thing is I can take better advantages of the chase credits.
You will always be The Credit Shifu.
Oh dang. What happened with the name?
😌🙏
British Ben from Generation Tech
I'm liking the look of the Venture X and Savor One combo. No useless credits like Chase/Amex seems to be adding lately.
- ikr, i hate restrictive credits. Im debating if I should develop a cap1 setup 🤔
I can't believe I'd ever get the venture or venture X but now it's looking so much better... How the last couple of years have changed
The Venture X looks super easy to get positive value from... Nice to see another addition to the game, considering switching out of my plat
But no hotel partners :/
@@HockeyJock hotels typically aren't a good redemption though
- short answer: yes, especially if you’re using the CSP or InkP, that setup is less than a $100 👍🏼
Living in a delta hub I use whatever card gives me the most points for a given purchase using (chase trifecta + gold + bbp) and I transfer a lot of points into Virgin Atlantic to get delta award flights. The only time I deviate from this is if I want more chase points for a Hyatt redemption
I’m ready for Chase to release another card. The new Ink Biz Premier missed the mark for ‘exciting’ 😕 Excellent rundown Ben 👌
Yeah, its a very niche card
I hope it’s a personal card so I can get it!
@@zach7676 - Same, a personal card would be ideal!
I know you mostly compared Chase and Amex here, but funnily enough you made the Citi trifecta probably the most attractive of the 3 to me. Not solely from this video, that's also fed by several other videos I've been watching recently, but you've definitely helped solidify that viewpoint for me
Congrats on the name change! Looking forward to more personal finance content, rather than just credit cards.
The citi trifecta with the premier more so competes with the chase trifecta with CSP. Amex does not have a lower cost trifecta like chase and citi does, just another thing to keep in mind. I would say it is very easy to justify a chase trifecta with the preferred instead of the reserve if you’re just starting out in travel credit cards.
- yup thats what im doing: a citi & chase setup for less than $200 👍🏼
I am considering getting the citi setup lately, probably a bifecta, premier and custom cash
@@TheCreditShifu You might consider adding in the Rewards+ to that for the 10% rebate on first 100K points redeemed annually
@@TheCreditShifu do you think the citi bifecta would be worth it if someone was just wanting the cash back setup from Citi (e.g. double cash + custom cash)?
@@caribdude8151 yeah thats a great setup for cash back. But if you just want cash back, never points, the coinbase debit card offers 4% on non-category spend. Check it out
Amex platinum and Walmart is a oxymoron.
FYI You can still get the 80k bonus and 1st year annual fee waived if apply at the branch. Just got mine on 4/13/22 😎
Chase needs a major revamp. If one of the major companies can ask pickup Hyatt or AA, chase would bleed.
If AMEX got Hyatt - I'd drop Chase like a hot 🔪
custom cash is per billing cycle not quarterly
I personally love the Citi trifecta because I don’t travel much and I wouldn’t even be able to take advantage of the Chase credits!
yeah, good luck redeeming Amex points for anything good than super expensive 1st or business class international flights. Chase, on the other hand, can be easily redeemed at 1.5% or over 2% also easily with Hyatt hotels. Flights is the same thing though.
Yeah then you have to ask yourself would you stay in these Hyatt hotels if it wasn't for having to use your Chase points. I am very happy to stay in cheaper airbnbs especially when traveling you're going to spend most of your time outside of the hotel.
Then you begin to wonder are you just staying in those Hyatt hotels because you have chase points to use.
@Joel Mendoza 💯
@Re3iRtH well, the point of the video is to understand if chase trifecta still worth it and compare 3 major credit cards issuer’s points system. Out of these three, Chase is the most versatile and easy to spend. Amex is terrible in this respect. Not sure what you are referring in your answer though.
@@Re3iRtH I usually stay at the nicest reasonably priced hotel in area within the city im traveling to. Given that Hyatt has the best redemption for your Chase points, it’s a no brainer for me to always consider what they’re offering.
I also have both trifectas, AMEX is great for status, points earning and aspirational redemptions but redeeming UR points for normal travel is far superior if you have the CSR
@@Mac-pluto I have the CSR, Freedom, IHG Premier, just got the Boundless. Also have the Amex Platinum Green and Gold. What else would you recommend for a budget to mod tier traveler?
Chase priority pass gives access to restaurants in airports amex one does not.
True
How do I get the priority pass?
The Citi premier does give you a 100$ off hotels booked through the travel portal. Not the most usable credit but definitely better than a lot of the Amex credits IMO.
For hotels, Amex isn't bad for transferring to Hilton during a 40-50% boost. 1,000 MR : 3,000 Hilton Honors. If we weren't already loyal to Hilton and Wyndham, Hyatt would strengthen the Chase pull, especially as I no longer value the Amex Platinum. Hilton Aspire + Delta Reserve makes more sense to me. Gold + Bus Gold + BBP is my trifecta.
Nice to see a deep dive credit card video. I swim in the Chase and Amex pools. So much profit in both.👍
I’m someone who wants to spend as little time as possible at airports, so I don’t really care about lounge access. I want to arrive as close to takeoff time as safely possible, and I plan on eating before I get there. The only time lounge access would be valuable to me is if I had a layover with a delayed flight, or the public bathrooms at the airport were not up to par and lounge access gave me access to a clean bathroom.
Great videos lately! Really enjoying both the credit card and non-CC content
Chase Priority Pass also gives restaurant credit for the restaurants in the program, which AMEX Priority Pass recently removed. It's a small advantage for CSR.
true
Marriott gold members do not have lounge access, only platinum, titanium, ambassador. Gold members do not get room upgrades, they are reserve for top tear statuses
Correct on the lounge access, but gold do get a room upgrade if it is available, here is the text from marriott’s site: “ We’ll do our best to upgrade your room, based on availability at check-in. Upgrades are subject to availability identified by each hotel and limited to your personal guest room. See terms and conditions for details.”
Chase for the win 🏆 the house of Dimon thanks you
Your chanel was Credit Shifu this evening
Great comparison vid. Very thorough...
I've been watching all personal finance channels for about 4 months and finally want to start getting some cards. Current fico 720. What do y'all think about this plan?
2022
Q.1 Freedom
Q.2. Flex
Q.3 Venture X
Q.4 nothing
2023
Q.1 CSP
What do you all think?
Here's some context. I am a college student that travels at least twice per year. My income is around 20-30k. But my spend is also somewhat low. I plan to meet high sign up bonus requirements by paying tuition with the cards. The plan here is to have most spend on the Chase cards and store points until I get the CSP. Then the Venture X more or less pays for itself while offering great benefits. I do not plan to keep the venture long term but a few years can't hurt. Any thoughts would be appreciated. I'm gonna be asking a lot before making any decisions.
@Joel Mendoza Exactly, it feels like a card I can get with many top tier benefits with a non-existent AF due to what the card offers. It really pays for itself.
I recently got the CSP (first of my trifecta). Think I’m going to get the Flex in a couple months and then later this year (Q4) I’ll apply for the Venture X.
The chase beats Amex just on lower annual fees alone!
Can you review the new Chase travel portal that sucks, and what is a good way to use it?
What a contemplative thumbnail. Nice
I heard chase drop down cell phone protection
Great insight sir. Very informative.
Ben: I will not include business cards
Also Ben: BBP
im not surprised. Amex Fanboys doing Amex Fanboy things
I was leaning towards amex but ended up with chase bc of the fact where i live i wouldnt be using their doordash, uber, and most other credits they have 🤷🏻♀️. Its such a hard decision bc both cards have great reward systems. Might have my husband get the amex in a couple months if its still on my mind. 🤷🏻♀️
Why not just get both? It shouldn’t affect your credit score if you wait a few months
@@timmyhutt7126 im thinking about it but i was actually just gonna get my S.O to get the amex in his name & me be an authorized user since hes an authorized user on my chase. Also was hoping to wait on credit cards until i get below 5/24 again to get another chase card as well
@@kayleep.2458 ah ok, that makes sense
Can you also compare USbank cards if they have a trifecta
Been through this experience untill I met a expert who he is good at what he does, you need a recommendation?
Would the digital entertainment work for say a PlayStation gold or Xbox subscription?
I have a business Amex trifecta (amex gold business which gives 4x in 2 categories, blue business plus that gives u 2x on all categories, and amex personal green which gives u 3x on most travel; amex green gives u 2 lounge access per year plus clear membership).
I do personal spend with chase trifecta: chase reserve, fui, and freedom.
You bring my inner nerd out 🤣🤣
Chase has better redemption for points through portal than amex 🤡 s.
but but i get to sit in a better lounge that only select airports have and pay $800 in annual fees. so AMEX is better
My Chase Trifecta: Ink Preferred, 3 Ink Cash, 7 Freedom Flex.
My Citi "Trifecta": Prestige, Premier, AT&T AM, Sears, 2 Rewards+, Double Cash, 5 Custom Cash. Thinking of converting 2 Rewards+ to Custom Cash
My Amex "Trifecta": Blue Business Plus, EveryDay Preferred, Rakuten.
My US Bank "Trifecta": Altitude Reserve, 2 Cash+.
My Barclays "Trifecta": Wyndham Business, Priceline (3.33%).
And I want to get Cap1 "Trifecta": Venture X, Savor One.
Prestige is still available in the branches.
17:00 by high spenders, how much do u mean? 70k? 90k?
Good breakdown.
Ready for an IHG Reserve card or business card
I think if your going to compare you should do all in one category all 3 in cash back 3 chase airline cards /hotel or 3 travel cards but not mixing travel with cash back as cards do different things
so looking at the travel card
Chase Sapphire reserve
regular chase sapphire
Basic Sapphire
airline cards South west
United
Marriott Bonvoy
with American Express Green
Gold
Platinum this is a fair comparasion travel vs travel?
I still think American Express has higher fees blah blah about them there Platinum card is basicly for travel there just full of it
chase is a bunch of copy cats none of them are angels
wheres Capital one?
Hey Mark, You got issues with Capital One Credit Card? Been through this experience,I could recommend you to a expert.
@@tomcarter5736 I don't have issues I was just wondering why Shifu left them off.
My Chase Trifecta no longer includes the Reserve. With the increase in AF and lack of ability to use most of their new perks, downgraded to the preferred. They are putting a lot of focus on their travel portal, but that defeats having high hotel status when using their portal, so no interest there unless it was a place with no major hotel availability. 2022 will be different but still plugging along. My AMEX trifecta will remain unchanged.
Great video! I see where you can't get the welcome bonus with chase if you already redeemed one within 24 months. Does anyone know if that applies to business and personal cards? Do they treat this as 2 separate entities? Would I be able to sign up for 1 business and 1 personal on the same day and still get both welcome bonuses?
I Wanna Start the Chase Trifecta which one would u recommend getting first?
freedom flex
Capitol one venture X + Savor are my dual.
Dining not a PYB category on the Preferred :\
It's too bad that Chase customer service is terrible.
Great video! I’m debating about downgrading the CSR to a freedom (probably flex) and get a new CSP (I have had the CSR for more than 4 years). Also, I have already 1 freedom, 1 freedom flex, 1 freedom unlimited, and the Amex Plat. Should I do it or will I miss something? What would you suggest? I guess I have FOMO… 😅
Thanks
Why not downgrade CSR to CSP if you already have a flex and are planning on getting CSP anyways?
@@allthatshines1008 bc then he can’t get the welcome bonus on the CSP. Since he had the CSR for 4 years if he downgraded to a freedom he will then be able to apply for the CSP and receive the welcome bonus since he hasn’t received a welcome bonus on a sapphire card in 2 years, if he just downgraded his CSR to a CSP he’s loosing out on all those bonus points bc you aren’t eligible for the bonus if you downgrade
How do we know that we got the the extra 4% groceries? Just got the flex on 1/12
How do you get 2x on NCS on amex or 1.5x on chase? As far as I know, non categorized spending is at 1x
Chase freedom unlimited is 1.5x, Amex Blue Business Plus is 2x on first $50k per year
I’m stuck deciding between Amex and Chase sometimes. Which one is worth more? 5 pts UR or 4 pts MR?
If I heard correctly, you can transfer Chase UR points to British Airways to American Airlines? Can someone clarify this?
Transfer to BA, then use the BA website to book AA award tickets, it gives good value for US domestic flights, and going to carribean, e.g. NY to Cancun, or NY to LA or Vegas
Why must you transfer points to airlines to get value out of them for AMEX?
because the redemption value towards hotels with amex is for the most part less than 1c per point. hence why the chase trifecta is very great for hotels and amex is great for flights.
We are going to do a series of videos on how to get maximum value out of each points currency, first one will be Amex, coming out either this weekend or next week
I am looking to start the chase trifecta and am wondering what card I should sign up for first.
Freedom flex
thank you so much! what should the next card after that be and how long should I wait to open it? i currently havent opened any cards so am good to go for the 5/24 rule.
Thank you so much!I got instantly approved!🙏
I thought we can't transfer Chase points at all. I didnt know we can transfer between households. Is there a way to show that a person is in the same household?
So you have to link their account to yours, and then yeah you can transfer between family members. I believe you currently need to call to add your family member’s account for the first time and then after that it will show as a transfer option in Ultimate Rewards. You used to be able to just add it online, but they changed it last year.
@Ben Hedges thanks! I guess that would be different from just making them an authorized user
@@lanceknow101 yea. And you’d save money too by not paying $75 to add them
"your millage may very®️" Sebby gonna sue 🤣
Actually YMMV comes from all the credit card blogs like doctor of credit, the reddit r/churning page etc… maybe he just says it a lot
Why did you not mention the chase 10% anniversary boost??
Correct me if im wrong, but i believe that is only on the preferred. Since we used the reserve and two freedoms, i didnt mention it. But yeah if you used the preferred and two other cards to make a trifecta, you would get that, and also a $50 hotel credit
It is indeed only on the preferred.
Does the Uber credit work on Uber eats
Yes
Can you make a Chase trifecta with a CSP?
Yes, that would be the lower annual fee version, with no lounge access. But the points are only worth 1.25c through the travel portal.
@@TheCreditShifu we better off trying to maximize with travel partners
Did this guy do videos in Chinese?
Why are you no longer calling yourself Credit Shifu?
Check out my video “why my youtube channel is over” from a few videos back
Not first!
first
Last
BofA with platinum honors is best. Chase and AMEX are for poor people.