Check out my favorite personal credit cards here: go.milevalue.com/best-credit-cards-suw?aff=suw Hope you find this video helpful - I started getting credit cards in 2014 and have since traveled the world using free points, all just using credit card sign on bonuses and points that I got from my credit card purchases. If you have good credit and spending habits, ditch the debit card and check out these cards. They have very solid sign on bonuses right now and you can learn more using the link above. Happy credit card hunting! -Charlie
amex plat sucks. The rewards are "spend money to make money" and the lounges are so packed and no grab and go options so it's almost pointless in a lot of travel situations.
Amex may be slightly more than Sapphire for food but many small family restaurants don’t like or take Amex cause Amex charges them like twice the rate. Sapphire card is king for food
My advice for those new to the credit card game is to start with one or two credit card(s) preferably with no annual fee and pay it off each month. The credit cards mentioned here are great for travel but have a very high APR. You do not need bougie credit cards with a lucrative welcome bonus or benefits to build credit score. Do your research to see which card fit your needs at this moment.
If people are brand brand new to credit cards, then the Chase Freedom, Freedom Unlimited could be good no annual fee options :) High APR is sorta relevant but I encourage anyone who gets credit cards to never get to the point where they are paying interest. Always pay in full!!
@@CharlieChang Thanks for commenting, Charlie. I really enjoy your content and videos. Just wanted to share my thoughts as there is no one-size fits-all when it comes to credit cards. It comes down to individual circumstances and priorities, but it is always a good idea to have at least one travel credit card on hand.
Thank you for helping out brother and for taking the time to leave your comment am new to credit cards and I appreciate you care enough por people that are new to the game thank you For bless you
Use to have a 50k limit venture card with 2m+ annual spend until capital one closed all my accounts for buying crypto once with a card which even charged cash advance . Chase cards are my fav as they almost never decline for security reasons like some others do. My replacement for venture is Fidelity 2% which easily can transfer the rewards to investment accounts
The fidelity card is a lowkey sleeper of a card with dead-simple perks and automatic cash back as a statement credit and their debit card with ATM fee reimbursement is really nice.
Love the credit card game. Relatively new but in about a year my partner and I have made out like bandits for our trips this year. Flights: 3 round trip tickets to New York, 1 round trip ticket to Austin for my first Grand Prix, 2 round trip tickets to Vancour. Hotels: 1 Night at the Thompson in NYC, 3 nights at the Hyatt Place Austin, 1 night in Hyatt Regency Houston, 1 night in Hyatt Place Madison, and 3 nights Hyatt Regency in Vancour. Our combined annual fees are $440 and since we use them like debit cards and only make purchases within our limits, we've spent $0 on interest. Cannot recommend credit cards enough. IF you're responsible.
The regular venture with its $95 AF is pointless. If you travel, the VX with its $395 AF is paid for by the $300 credit (+10k yearly points). If you don't travel, just get a 2% catch all card like the citi double cash, sofi, or fidelity card and save yourself $95.
Shop owners actually consider the 3% you are talking about in the goods they sell, thus the price increase. That's why gas stations, etc.. charge you less if you pay cash. Nonetheless, thanks for sharing!
Also, make sure you sign up for complete auto pay-off every month. You NEVER pay interest, never late, thus jacking up your credit score, and you're using them as a loan, while the rest of your cash is earning interest in a bank or fund. Only losers look at credit cards as, "oh look how much money I get to spend!"
Very good list. I would agree with you that Chase Ultimate Rewards points are by far the most valuable. I would wait for higher sign up bonuses on the Sapphire Preferred & AMEX Gold. There are often targeted offers on the AMEX Gold. Lastly I would just stuck with the Venture X versus the regular Venture card.
My wife and I go out to dinner a lot, so we could definitely benefit from the 3X offered by the Chase Sapphire Preferred card. Does this apply to ALL restaurants or ONLY CSP partner restaurant?
Ok so, Amex gold is best for food. I still can’t seam to find the best card for gass and day to day expenses. It seems that anything above 2x back for day to day spending is unheard of. All points that exceed 2x are always for food, flights and hotels. What card should I get after I get the gold for day to day? After all, I don’t travel enough to justify the other cards quit yet.
Great video on Starter Story! Have been a sub for quite some time now, you're somebody look up to in a sense and proud of. As a fellow solopreneur, always appreciate channels of other solopreneurs who're open to sharing what they've got going on. It's incredible the numbers you push because sometimes the videos don't have crazy amount of views but still works and you're so consistent. I'd be a millionaire now if I was that consistent on TH-cam easily, have a large following on another platform so know can do it here too
😂 rolling through these comments and not seeing anything about credit card debt is kind of crazy. Thanks for the info though. Chase sapphire might be the move.
How can you have that many credit cards but still have a credit score over 800? Didn’t all those hard pulls lower your score? I applied for (and got approved for) 3 credit cards in about three weeks this year and my credit score went from about 812 to 774.
Great content! as the world crisis progresses the smartest thing people do lately is building a strong investment that isn’t controlled by the government. Like digital currencies.
That’s really interesting! I’ve been thinking about investing in digital currencies lately but wondering how to do it, do anyone have any thought on that?
"Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 Learning the ropes and excited about the possibilities. Any tips or or info on how I’ll reach out to Kimberly Jane Carl,Let's grow together! 🌱
Absolutely! Building a strong investment that isn’t controlled by the government is a smart move in todays unpredictable economy. digital assets offer a unique opportunity for financial independence.
@@guerrerosaurio Veteran here, yeah they track that like a hawk. As soon as you are no longer active duty, they will mail you a letter stating that you will have to start paying annual fee.
I've signed up for 2 credit cards over the last month. AMEX gold car and Chase freedom unlimited card. Should I wait a while before I decide to apply for other cards? At what point is it applying for too many credit cards where I become a risky borrower? I've never missed a payment and never will but, I also heard if someone applies for too many in a short period of time it hurts them as well. Any advice because I definitely want to keep taking advantage of other sign on bonuses? Thank you
You want to prioritize chase cards because of their 5/24 status. It's typically recommended to wait between 6-8 months between new credit applications. Companies like Capital One are more credit inquiry sensitive. So if you've applied to the Amex Gold and Freedom unlimited recently, I'd give it a bit before applying for any of their cards.
Thanks for giving financial game bro! Never knew this. Always seen people with Amex cards but never knew what it was about until you teaching on this video 😂 appreciate it 🙌🏼 great channel,good videos 👍🏼
Hey Charlie, how do I get a credit card with a 625 credit score and how do I build the 625 credit score to at Least a 740 plus I looked at my credit history it said I need 115 points to reach to 740 how much money should I put in my secure credit card ???
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](http://i.ytimg.com/vi/qu47ulGpHDo/mqdefault.jpg)
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](/img/tr.png)
Check out my favorite personal credit cards here:
go.milevalue.com/best-credit-cards-suw?aff=suw
Hope you find this video helpful - I started getting credit cards in 2014 and have since traveled the world using free points, all just using credit card sign on bonuses and points that I got from my credit card purchases. If you have good credit and spending habits, ditch the debit card and check out these cards. They have very solid sign on bonuses right now and you can learn more using the link above. Happy credit card hunting!
-Charlie
Card 1: Chase Sapphire Preferred
Card 2: Amex Gold Card
Card 3: Capital One Venture Rewards
Card 4: Capital One Venture X Rewards
Card 5: Amex Platinum
amex plat sucks. The rewards are "spend money to make money" and the lounges are so packed and no grab and go options so it's almost pointless in a lot of travel situations.
@@adamhorn5080 i love my business platinum card , i get about 350,000 points every 2 months
Amex may be slightly more than Sapphire for food but many small family restaurants don’t like or take Amex cause Amex charges them like twice the rate. Sapphire card is king for food
My advice for those new to the credit card game is to start with one or two credit card(s) preferably with no annual fee and pay it off each month. The credit cards mentioned here are great for travel but have a very high APR. You do not need bougie credit cards with a lucrative welcome bonus or benefits to build credit score. Do your research to see which card fit your needs at this moment.
If people are brand brand new to credit cards, then the Chase Freedom, Freedom Unlimited could be good no annual fee options :) High APR is sorta relevant but I encourage anyone who gets credit cards to never get to the point where they are paying interest. Always pay in full!!
@@CharlieChang Thanks for commenting, Charlie. I really enjoy your content and videos. Just wanted to share my thoughts as there is no one-size fits-all when it comes to credit cards. It comes down to individual circumstances and priorities, but it is always a good idea to have at least one travel credit card on hand.
Thank you for helping out brother and for taking the time to leave your comment am new to credit cards and I appreciate you care enough por people that are new to the game thank you For bless you
Use to have a 50k limit venture card with 2m+ annual spend until capital one closed all my accounts for buying crypto once with a card which even charged cash advance . Chase cards are my fav as they almost never decline for security reasons like some others do. My replacement for venture is Fidelity 2% which easily can transfer the rewards to investment accounts
The fidelity card is a lowkey sleeper of a card with dead-simple perks and automatic cash back as a statement credit and their debit card with ATM fee reimbursement is really nice.
Love the credit card game. Relatively new but in about a year my partner and I have made out like bandits for our trips this year.
Flights:
3 round trip tickets to New York, 1 round trip ticket to Austin for my first Grand Prix, 2 round trip tickets to Vancour.
Hotels:
1 Night at the Thompson in NYC, 3 nights at the Hyatt Place Austin, 1 night in Hyatt Regency Houston, 1 night in Hyatt Place Madison, and 3 nights Hyatt Regency in Vancour.
Our combined annual fees are $440 and since we use them like debit cards and only make purchases within our limits, we've spent $0 on interest. Cannot recommend credit cards enough. IF you're responsible.
Dude that's awesome!
What cards do you have if you don’t mind me asking?
I have all of these. Great Video.
Should I own both chase safire preferred and the amex gold if why then explain
The regular venture with its $95 AF is pointless. If you travel, the VX with its $395 AF is paid for by the $300 credit (+10k yearly points). If you don't travel, just get a 2% catch all card like the citi double cash, sofi, or fidelity card and save yourself $95.
Agreed!
I love cash back on my credit cards but I don't spend nearly enough to get any of the sign up offers
Works out very well for resellers on eBay and such
Imo the only perfect way to use points is flying business class for cheap. Flying business is the best I’m talking about overseas flight’s.
can you make a video on what you think about the claw machine/ mini claw machine business
Underated
Shop owners actually consider the 3% you are talking about in the goods they sell, thus the price increase. That's why gas stations, etc.. charge you less if you pay cash. Nonetheless, thanks for sharing!
Gold has increased to $325 annually.
What are the interest rates for each of these?
Thanks!
Wow Greg thank you!
imagine making the rich richer lol
Also, make sure you sign up for complete auto pay-off every month. You NEVER pay interest, never late, thus jacking up your credit score, and you're using them as a loan, while the rest of your cash is earning interest in a bank or fund. Only losers look at credit cards as, "oh look how much money I get to spend!"
Is credit cash back? 9:00?
Very good list. I would agree with you that Chase Ultimate Rewards points are by far the most valuable. I would wait for higher sign up bonuses on the Sapphire Preferred & AMEX Gold. There are often targeted offers on the AMEX Gold. Lastly I would just stuck with the Venture X versus the regular Venture card.
FYI there is 100K points promotion through 11/6/2024 right now and +20% state credit for the first 6month
My wife and I go out to dinner a lot, so we could definitely benefit from the 3X offered by the Chase Sapphire Preferred card. Does this apply to ALL restaurants or ONLY CSP partner restaurant?
It applies to all restaurants!
Thank you.@@CharlieChang
What’s the best credit card for gas, ads and food?
Bank of America has a really good card for that.
What's hotel 100 USD experience credit?
Ok so, Amex gold is best for food. I still can’t seam to find the best card for gass and day to day expenses. It seems that anything above 2x back for day to day spending is unheard of. All points that exceed 2x are always for food, flights and hotels. What card should I get after I get the gold for day to day? After all, I don’t travel enough to justify the other cards quit yet.
question? how many credit cards are ideal? ive heard places have said about 3
Great video on Starter Story! Have been a sub for quite some time now, you're somebody look up to in a sense and proud of. As a fellow solopreneur, always appreciate channels of other solopreneurs who're open to sharing what they've got going on. It's incredible the numbers you push because sometimes the videos don't have crazy amount of views but still works and you're so consistent. I'd be a millionaire now if I was that consistent on TH-cam easily, have a large following on another platform so know can do it here too
Appreciate the support man!!
Informative breakdown! Helped me choose wisely. Thanks for sharing!
😂 rolling through these comments and not seeing anything about credit card debt is kind of crazy.
Thanks for the info though. Chase sapphire might be the move.
good stuff charlie
Chase sapphire can we get points on foreign transactions? Or its just with in USA?
i used it in japan and got pooints
good card knowldege
Awesome video and terrific editing thanks for the info man fr!
If one has the chase freedom, is it better to upgrade to Safire (product change) or to apply for a new Safire and retain/cancel the freedom?
Appreciate this vid, Charlie!
How can you have that many credit cards but still have a credit score over 800? Didn’t all those hard pulls lower your score?
I applied for (and got approved for) 3 credit cards in about three weeks this year and my credit score went from about 812 to 774.
As your credit ages, hard pulls have less of an impact. One reason is because it won't affect you average age of accounts as much.
Most times there is a small temporary reduction of credit score but it always bounces back
Hi Charlie, what are your favorite capital one transfer partners?
Debit cards are not dangerous. If you lose your card, you can simply deactivate it.
Is this video supposed to be a guide for speedrunning credit card debt?
What if I basically don't travel? None of these cards would be beneficial...
Hello, am a beginner and I live in italy, which credit card can i apply for?
Great content! as the world crisis progresses the smartest thing people do lately is building a strong investment that isn’t controlled by the government. Like digital currencies.
That’s really interesting! I’ve been thinking about investing in digital currencies lately but wondering how to do it, do anyone have any thought on that?
"Hey everyone! 👋 Just starting my investment journey in crypto and stocks. 🚀 Learning the ropes and excited about the possibilities. Any tips or or info on how I’ll reach out to Kimberly Jane Carl,Let's grow together! 🌱
Please how do I reach out to her? I’m in need of her assistance.
Absolutely! Building a strong investment that isn’t controlled by the government is a smart move in todays unpredictable economy. digital assets offer a unique opportunity for financial independence.
Is it true that some don't have the annual fee for military members?
I’m active duty and have the AMEX platinum; that one has no annual fee for military.
@@CarmonSandiego Thank you, is it limited to active?
For example once I finish my contract would I need to start paying the fee?
@@guerrerosaurio Veteran here, yeah they track that like a hawk. As soon as you are no longer active duty, they will mail you a letter stating that you will have to start paying annual fee.
@@Wenshu_Art bummer, but thank you for the info, I plan on staying in but can't stay forever.
@@guerrerosaurio yes, active duty only, unfortunately. Even retirees have to start paying up after their service ends 🥲
I've signed up for 2 credit cards over the last month. AMEX gold car and Chase freedom unlimited card. Should I wait a while before I decide to apply for other cards? At what point is it applying for too many credit cards where I become a risky borrower? I've never missed a payment and never will but, I also heard if someone applies for too many in a short period of time it hurts them as well. Any advice because I definitely want to keep taking advantage of other sign on bonuses? Thank you
You want to prioritize chase cards because of their 5/24 status. It's typically recommended to wait between 6-8 months between new credit applications. Companies like Capital One are more credit inquiry sensitive. So if you've applied to the Amex Gold and Freedom unlimited recently, I'd give it a bit before applying for any of their cards.
@@louisnvrr whats 5/24 status
Is Amex changing Gold card membership this year
Thanks for giving financial game bro! Never knew this. Always seen people with Amex cards but never knew what it was about until you teaching on this video 😂 appreciate it 🙌🏼 great channel,good videos 👍🏼
I dont want to do anything with credit cards other than to just build my credit! 😒
this is amazing advice!
We ain’t paying an annual free..
It is SO worth it if you can use the benefits
What if you can't use the benefits? @@CharlieChang
yeah.....not interested in paying annual fees!
In this economy? Absolutely not 😂
@@Dreadwolf3155 yea me too
Yea me too
Tf do u make less than 150k? You easily get more points back than the price for hella cards 🤦♂️
Hey Charlie, how do I get a credit card with a 625 credit score and how do I build the 625 credit score to at Least a 740 plus I looked at my credit history it said I need 115 points to reach to 740 how much money should I put in my secure credit card ???
@@Chaycetownson what is future imperative Corps ?
he just wants you to sign up with his link smh
What do you mean this isn't Brian Jung? 😮
🔥🔥
Discover the top credit cards of 2024, tailored to your financial needs and goals!
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Don’t get the AMEX platinum card unless you want that $700 annual fee
all you said in this whole video is travel lol
Thank you.