I got 4 out of 5! I would say even though multipliers aren't everything and are secondary to welcome offers, they still carry some importance, but I certainly value simplicity in my core credit card setup. So they're worth thinking about - but welcome offers are definitely better to think about more! Great video Matt!
Thanks so much Stan! Yeah I completely understand. I think the multiplier perspective especially starts to take more and more importance the further you get into your CC Journey as well. Obviously, we can always be strategic about welcome offers and there will likely always be new ones to chase, but sometimes for various reasons your Core Setup can be very important as well. Thanks for your support as always!
The repeated word "perfect" I believe means that "your set up" matches "your" personal goals and "your" lifestyle. Great video, well thought out and helpful for the community! Solid information especially regarding not trying to get high fee cards right out of the gate!
Thanks so much! And yes you are spot on! "Perfect" in this sense is subjective to each person's own spending/travel preferences, lifestyle and future goals.
Very insightful video Matt! I'm 4.5/5, I always get tripped up by that last one as while I do focus on SUBs, I still try to do the smallest optimizations, like making sure that spend towards a SUB is only on non-category spend until I'm too close to the last day in the SUB window. Not sure the risk makes the few additional points worth it haha.
Haha that's totally fair and obviously as long as you are still hitting your SUB's, doing some optimizations on your regular CC Setup can be valuable as well! Thanks for watching Monty!
Imaginative, thought-provoking content 💰🧠 Maybe another clue: you have a road map, but at step 3 or 4 or 5, you change something. You optimize because you learned something new. Another possible clue: you’re at step 4 or 7, and your credit score has gone UP, or at least stayed stable.
Absolutely those would be great additions Chris! And totally feel that first one especially, the Credit Card game is a fluid one, which is constantly changing with new learning lessons and things to implement. Thanks so much for watching!
Totally agree on being frugal limiting the amount of points I can earn! As a family of 5, random expenses pop up but I’m still over here trying to find the best price on most things we buy and won’t pay extra, unless it’s cents, to get more points. Thankfully our normal expenses are enough for us at any time to get a SUB so we don’t have to over spend for any SUB
Exactly! Always important to find the right balance between not overspending but at the same time hitting SUBs. Sounds like you are executing that perfectly! Thanks for watching Nick!
Absolutely! I still love Bilt as I avoid those typically processing fees for paying Rent (automatic points every month), still great transfer partners like Hyatt & now Alaska, and big transfer bonuses on Bilt Rent Days. Thanks so much for watching Stacy!
I love Clue 1 because I did it. 😀 First two cards are SoFi credit card and BILT card. No AF, transfer partners, and all major categories covered with either points or cash back depending on what I need. Still blowing it with Clue 2 but the rest are chugging along. We need more vids like this.
Love it Elliott! Creating a foundation for yourself is so huge, and having those powerful No AF Cards with travel partner upside makes it even better. Thanks so much for watching!
what is the perfect credit card strategy....don't have any. cash on hand and buy assets. You're not beating these multi-billion dollar companies with the "strategies". If you're spending money to get points or cash back then it's not free now is it? You're their slave to a fico score or should I say the debt slave score. Best way to win at the game....Dont Play.
Which Clue do you most relate to? Let me know ⬇
I got 4 out of 5! I would say even though multipliers aren't everything and are secondary to welcome offers, they still carry some importance, but I certainly value simplicity in my core credit card setup. So they're worth thinking about - but welcome offers are definitely better to think about more! Great video Matt!
Thanks so much Stan! Yeah I completely understand. I think the multiplier perspective especially starts to take more and more importance the further you get into your CC Journey as well. Obviously, we can always be strategic about welcome offers and there will likely always be new ones to chase, but sometimes for various reasons your Core Setup can be very important as well. Thanks for your support as always!
Yes Matt. Team sign up bonus!
Yessir! Thanks so much for watching as always!
The repeated word "perfect" I believe means that "your set up" matches "your" personal goals and "your" lifestyle. Great video, well thought out and helpful for the community!
Solid information especially regarding not trying to get high fee cards right out of the gate!
Thanks so much! And yes you are spot on! "Perfect" in this sense is subjective to each person's own spending/travel preferences, lifestyle and future goals.
So far I don’t care I’m cycling thru cards to get sign up bonuses.
Thanks for this video
Haha same here, not on your level yet though (hopefully will be one day)! Thanks Key!
Great info Matt! My setup isnt perfect yet. At least not until I get the rest of the Hotel cards w/ FNC's that I'm aiming for.
Thanks so much Darius!
Appreciate the info Matt!
Thanks for watching Sledge!
Very insightful video Matt! I'm 4.5/5, I always get tripped up by that last one as while I do focus on SUBs, I still try to do the smallest optimizations, like making sure that spend towards a SUB is only on non-category spend until I'm too close to the last day in the SUB window. Not sure the risk makes the few additional points worth it haha.
Haha that's totally fair and obviously as long as you are still hitting your SUB's, doing some optimizations on your regular CC Setup can be valuable as well! Thanks for watching Monty!
This video is great. Can’t say my setup is perfect but certainly passes a few or these standards! Keep it up Matt!
Thanks so much Jake!
Imaginative, thought-provoking content 💰🧠 Maybe another clue: you have a road map, but at step 3 or 4 or 5, you change something. You optimize because you learned something new. Another possible clue: you’re at step 4 or 7, and your credit score has gone UP, or at least stayed stable.
Absolutely those would be great additions Chris! And totally feel that first one especially, the Credit Card game is a fluid one, which is constantly changing with new learning lessons and things to implement. Thanks so much for watching!
Can you do a video as soon as the Marriott does the 5 night bonus again thanks
For sure! I’ll include it in my best signup bonus video when it comes back! Thanks for watching!
Totally agree on being frugal limiting the amount of points I can earn! As a family of 5, random expenses pop up but I’m still over here trying to find the best price on most things we buy and won’t pay extra, unless it’s cents, to get more points. Thankfully our normal expenses are enough for us at any time to get a SUB so we don’t have to over spend for any SUB
Exactly! Always important to find the right balance between not overspending but at the same time hitting SUBs. Sounds like you are executing that perfectly! Thanks for watching Nick!
Really great overview Matt. Question for you, is the bilt still a good core card now that they are removing AA?
Absolutely! I still love Bilt as I avoid those typically processing fees for paying Rent (automatic points every month), still great transfer partners like Hyatt & now Alaska, and big transfer bonuses on Bilt Rent Days. Thanks so much for watching Stacy!
I love Clue 1 because I did it. 😀 First two cards are SoFi credit card and BILT card. No AF, transfer partners, and all major categories covered with either points or cash back depending on what I need. Still blowing it with Clue 2 but the rest are chugging along. We need more vids like this.
Love it Elliott! Creating a foundation for yourself is so huge, and having those powerful No AF Cards with travel partner upside makes it even better. Thanks so much for watching!
Chase agent in branch told me a Sapphire Preferred promotion is dropping on 4/28
Great job on TH-cam ❤
Thanks so much Vicki! Appreciate your support as always!
How long does it take to receive the Hilton Free Night Certificate after spending $15k?
I got mine in like 3 weeks! But from what I've read it typically can last anywhere from like 2-8 weeks. Thanks so much for watching!
A+ over here
Let's go haha! Great work & thanks for watching!
I got 4 out of 5 so I give myself a B.
Haha I would say you are doing awesome! Thanks for watching Bob!
Thank you
Thanks so much for watching!
what is the perfect credit card strategy....don't have any. cash on hand and buy assets. You're not beating these multi-billion dollar companies with the "strategies". If you're spending money to get points or cash back then it's not free now is it?
You're their slave to a fico score or should I say the debt slave score.
Best way to win at the game....Dont Play.
😊
🥇as always!
Why every time you talk you make a face like everything stinks?
Not sure!