Would canceling the green card affect your relationship with amex? as in next time you apply for a card with them and also what is the impact on your credit score, since it is technically a charge card

Didn’t know Spencer Johnson was 6’7” I’m gonna need a minute…

Zoomer card

I just got a Tesla and wanted to get rewards back for EV charging. I have a chase card but that’s gives me 1.5. My Bank of America gives 3% but I have it for groceries. I was looking at Costco citi card that gives 4% but that has a cap while the attune doesn’t. I don’t spend a lot of money overall but I am a sport guy and a gym guy so it does fit my category. The only issue is there a better one? What do you think of the autograph? Not the journey one

I actually hate cards that have out sized value that I can’t use. It makes no mathematical sense maybe to be upset at it, but in my mind it’s another reason for me to avoid the card. I would never use the 199$ Lyft Pink membership and that’s a lot of value I couldn’t use and even if I broke even on the AF it would bother me.

Uncle Luke doesn't get it. There are SO many non-everyday HIGH COST categories that you only earn 1x on most cards (auto repair, doctor/dental/optometrist visits, insurance [e.g. State Farm]), but now you can earn 3x with the USBAR.

appreciate all the time you put into making your vids, Stan. thank you! I do have a question: would I be able to apply for the Brilliant (not planning to get Business) and then immediately PC my Boundless to RC after being approved for the Brilliant? or would I need to wait until after receiving the Brilliant SUB to PC the Boundless?

It's not worth ditching my hybrid BofA/USB setup for this (5.25% Online Shopping CCRs, 5% Utilities Cash+, 4.5% Mobile Wallet USBAR, 4.4% Dining/Travel PRE, 3.3% catch-all PRE), especially with how atrocious the USB's brokerage account is (See the interview video with SpaethCo), not to mention if you compare the overall banking programs of USB and BofA, BofA is far simpler and they don't nickel and dime you like USB. - BofA gives you free checkbooks, you have to pay with USB - BofA gives you a free safe deposit box, you have to pay with USB - BofA waives ALL domestic ATM fees @ 100K, USB will waive ALL ATM fees at @ 250K

It’s no longer 4.1% apy for savings. It has reduced to 3.80% and gonna reduce more with interest rate cuts.

Great detailed video. I got a dumb question however. Can I deposit money into the traditional throughout the year, then make the transfer to my Roth at once? this way I am not taking a big hit and spreading the distribution out throughout the year? Again, great video.

what happens if your 6500 grows slightly say to 6600 before you transfer?

are you sure you cannot sweep from SPAXX? Why does it have to be FDIC?

Why would I want to tie up 100K into a savings account at only 3.8%?

I've done both call and secure message to redeem from my incidental credit balance.

Don't IRA and brokerage accounts have a $50 annual fee?

Where do you see that IRA annual fee is waived if you have $50k in it? On the website, it seems to say it is waived at $250k.

I wanted the USBAR tried to stablish a relationship with the bank & now is gone. I shut down my account

I never requested an increase with this card but surprisingly recieved one my limit jumped fm $13,600 to $19,600. Haven't had their card a year yet! Not complaining. I do use this card for mostly travel and fuel...

So if earned the CP in Feb 2024 with a SW personal card offer (till 2/28/25), I can't earn another CP in 2025 with 2 business cards? I was just approved for SW performance on 11/2/24 and I was planning on applying for the SW premier business. Is my strategy feasible?

so mad I missed out on USBAR. been wanting the card for years. wish someone told me you could product change to it

Meh, not worth pulling 100k out of t-bills for it.

Great information! Thank you. I have a SW personal card. I also have CP thru 12/2025 from 2 business card approvals this year (2025). I am in desperate need of strategy to re-qualify for CP in 2026. My P2 can’t apply, so the strategy is for my situation. Can you advise?

Can we product change to that card without the geofencing blocking us?

With USABAR, Even at sitdown restaurants, i just ask waiter if they have apple pay, and have never been denied. Plus, the ability for my wife to use just one card, is the real killer use case. My wife doesnt have the patience to play the card carousel game.

I’m aiming for that 2.5%. How long do I have to wait to get it after depositing the money?

I ended up doing Chris's strategy since I'm in Chase Visa jail. Just got my 35k FNC and found out I can't redeem them on UPGRADED rooms even though they are less than 50K/night. I got Bonvoyed! Does the Ritz Carlton or the 85k FNC have this restriction? Guess I will stay with Hyatt a bit longer. (Note: Trying to redeem FNC for Premier Room Panoramic View but only works for Premier Room Sky View even though it is the same type of room at Landmark 81 in Ho Chi Minh City in Vietnam)

Is it still worth starting out with this card with a Hilton strategy?

Wait its 4.5x back on only travel? I thought you could redeem back with dining?

Hello so i have $8011.86 in the Traditional IRA account because there was some type of dividend payment last year. Missed that when I put the $8,000 - does that mean I can't do the back door now? (Got it - read the comments - so I will just pay taxes now on the $11.86)

Do the AFNs expire every year or can you accumulate year over year? Any cards allow the accumulation or expect to spend them each year? thanks, enjoying your content, doing your Marriott max strategy

I will have a $10000 expense in 2 weeks. Which credit card you would recommend? I got refused by AMX so that’s not an option. I already have chase business preffered/cash/unlimited, capital one venture. Thanks.

You can Use tap to pay at most restaurants at least in my area.

Uncle Luke I’m older than you sir .

Sounds good but how much are those cc annual fees? How long does it take those elite nights to hit my account? I am short 24 nights this year and thinking of getting one of these cards

That guy’s argument on AR is weak AF and he is judging by his own personal experience and not by the general consensus. If we’re going by that, it’s the greatest card ever cuz there not a place I think of where I cannot pay contactless with it. Yes, even restaurants. YMMV my friend!

If Bilt did not limit their rent day to $1K bonus or if Amex. WF or someone else big ever got Hyatt as a transfer partner Chase 5/24 would not be big deal.

My wife is a marriott employee so unfortunately none of the marriott cards ( or any other hotel cards )are worth it for me. My rates are around $50 a night and my point values are low and even earning them is darn slow. Guess what card counts hotels as travel? USBAR. Luke looks at it from the wrong point of view. He is trying to get the most value out of the USBAR but it was made to simplify. Simplicity is the key here. That 0.5% is the price and many of us who ready to “retire” from the credit card game are willing to pay that price for simplicity. USBAR is not god tier because of the value but because of its time investment / value rate.

The discontinue of the USBAR mad me reconsider canceling it! The tours on the portal seem reasonably priced, and air matches United's website. Will jump on a mobile travel text whenever that happens, but I don't feel that I need that angle to make the card successful.

Luke claims to not understand how the USBAR works, but thinks a Venture X at 1.25/1.5 cpp would be huge. Let me tell you a Venture X with 1.5 cpp already exists its called the USBAR. RTR is basically purchase eraser. Purchase eraser also only gets 1cpp if used as travel and less for everything else. Also yeah 5% back individual cards would be better than USBAR, but that is true compared to Venture X also.

There actually aren’t a lot of chase cards with good SUBs. It’s really just CSP and CSR. Even if you count the business cards that’s like 2 more bonuses. So in reality after you get four bonuses that’s it so the 5/24 is in fact overrated

I only cared about 5/24 when I was up at 9/24 and didn’t find anymore cards I could get/wanted to get that were not Chase. So have been gardening with business cards for the last year to get below 5/24

Name of the game is opportunity cost. The $325 dining credit could be earning you 4 to 5% or more back on a targeted dining card if you spend it out of pocket. So the cost of ownership of the USBAR card is at least $90 conservatively. I assume most people here have a dining card. Now to claw back $90, you will have to spend about $4500 on non category mobile wallet purchases (assuming the next best thing is a 2% catch all). Once you do that, anything on top of it is profit. Also, most 2% catch all cards have a more than 2% value if redeemed wisely, which, in theory increases the amount to $6000 per year just to break even with USBAR. In conclusion, it’s a great card if you don’t have a dedicated dining card, and you don’t have a 2% catch all card. Sensing the audience, I think most of us are better off without this card. Comments?

Great breakdown, I thought the IRA fee was unavoidable unless you hit $250k. I won't be ditching BoA Preferred Rewards for this but I will be optimistically watching what happens. The brokerage fees and low apy (relative to other HYSA or MM etfs) is keeping me away from pursuing it for the moment...and that I need about a year to get back to ideal US Bank approval velocity...and that robinhood ira match meme I fell for. Regarding Merrill there is a hidden elevated $1000 bonus offer that is still valid, code: 1000PR. Also props for keeping it simple with VTI. Are you a boglehead?

USBAR is cancelled guys.... I'll keep mine till the end of time though.

How easily does US Bank give credit for the dining portion of the $325 credit? I’ve had the USBAR for 1.5 weeks now and have only gotten a statement credit for a $2.40 train ride. Several restaurant/bar purchases but no credit given for any of these..

USBAR is the perfect card for casual people who occasionally travel and those wanting to simplify credit card setups. If you're watching credit card youtube and trying to maximize redemptions, it's probably not what you want. The reason I got interested in it was of how confusing finding transfer partner deals are. 1.5cpp is a very good conservative redemption, you can book direct and redeem and no portals. If you want a simple setup you can't beat it. Also, if I don't get value on it I can just PC it to another USB card, but may as well jump on it since it got discontinued. I do agree with Luke on the hype right now, it got discontinued so people want what they can no longer get.

Can you product change to USBAR?

IMO just get all cards and you will be good to go lol 😂, I personally spend more than $300 at the restaurants by 2 weeks!

Thanks for your video. Based on Fidelity URL, we need to open a traditional IRA and make nondeductible contributions, but Fidelity traditional IRA does NOT give option for 'deductible' or 'non-deductible' contribution. Did it cause any problems for tax claim ?

yes Stan you are THE reason for the hype about this card 😂