Credit Card LifeHack: How to travel anywhere for FREE with just a few minutes of work

[@GrahamStephan]

The timing of this video worked out way too perfectly. By random chance (I filmed this video last week), I booked a free ticket last night using credit card points, to visit family in Canada and flew out this morning…I’m posting this between a layover from a Denver Colorado airport lounge where Priority Pass/Chase Sapphire Reserve got me complimentary access, a free truffle burger, fries, dessert, and nitro iced coffee. Check out my snapchat to follow the adventures ;) GPStephan

[@Webdesignerstoday]

GrahamStephan thank you again for your informative video and the websites you provided. Quick question, I noticed that most of this cards that offer points have a annual fees. Having too many of these cards can add up in fees. How bad is it to close credit cards on your credit score?

[@GrahamStephan]

+Alejandro Valencia It's not terrible. I have so many cards that closing a few makes no difference. I just wouldn't close out your oldest cards, otherwise you should be fine.

[@jasonsheedy1852]

would this work in Australia graham, please respond

[@joejeans7913]

Amex Platinum and CSR almost have same benefits. with 2 priority passes can you give one to someone else? same with global entry? exception of the centurion lounge.

[@BradyJ]

I find your channel beneficial. Credit is something that should be taught in schools. You would make a superb credit professor.

[@GrahamStephan]

Ha thanks so much man!

[@ShawnLH88]

it would be a one day class...maybe a few hours...financial management of your own money should be taught

[@natashamary9075]

I promised HACKER.DONE22 on IG a good recommendation after he help me access to an account without traces..

[@JW-hy6md]

FYI you cannot downgrade your Amex Platinum to a $0 annual fee card. The lowest you’d be able to downgrade would be to the Green card which has a $95 annual fee.

[@MrApple12610]

I literally learned so much from you than attending uni for 6 years. I got approved for American Express gold card and saving account since yesterday, the card is on its way. Your information is priceless and I’m glad that I found you on KZbin. Thank you so much sir.

[@GrahamStephan]

Congrats on the new card! Thanks so much for the kind words man, glad it's helpful!!

[@Z71_stanimal]

was there $250 annual membership fee?

[@MrApple12610]

@@Z71_stanimal yes but the first year is/was free. I try to remember.

[@SWProspector]

One thing you might look into is opening cards in the name of each of your LLCs. This will will allow you to get the bonus multiple times as each LLC gets a card. You still have to co-sign but the small ding is even less on your personal FICO.

[@tntkff9901]

"..but you're smarter than that, and you're not gonna do that..." me: ".....anymore..."

[@SantistaFighter]

same here!

[@MakeupLover4ever517]

Same 😂

[@brandanwhite5161]

Graham, I couldn't agree more on this technique. I just bought my first multi-family two months ago, so I decided to sign up for the Capital One Venture card. After two months, I already have enough for a free trip to Iceland in January. I always pay the card off in full before the balance is due to ensure I'm not paying their crazy interest rates. Keep up the great work putting information out there!

[@GrahamStephan]

+Brandan White Great work! That's the right thing to do!

[@GetEmbarressed]

Those eyes. My lord I can see that white circle

[@GrahamStephan]

+David Blaceri 👽

[@iTzMikester]

Just got the platinum and it’s free for military! Great video. Got good advisors on my side now so no bad debt for me anymore

[@GrahamStephan]

Thanks for watching!

[@johnbaxter9078]

Amex gold just arrived in the mail today. 50k points on the way. Second card at 19 years young with a 740 credit score. First credit video really helped Graham!

[@GrahamStephan]

+Elliot Smith Ohhhh congrats that's a great offer! Go for it!

[@nhutcao7526]

Elliot Smith you gonna spend 2k within 3 months?

[@nhutcao7526]

Elliot Smith can you put the mortgage on this card by chance?

[@nhutcao7526]

Elliot Smith oh and after we get the reward for spending 2k. Will it be an end of getting more reward on that card ?

[@nhutcao7526]

Elliot Smith thank you :)

[@revivalinchrist]

Hey GrahamStephan, I've been on youtube for probably 7-8 years now and you are the ONLY guy that I ever subscribed to! I watch every single video that you upload, but the problem is that I live in Quebec, Canada and most of the stuff that you say can't be applied here... For example, to buy a duplex that won't pay much from your revenue because you only have 1 source of revenue which is the person that rent from you, you need a 5% down payment, a triplex would need 10 or 15% down payment which can easily go up to 50 000$ which I do not have the funds because I'm 18. Also, I spoke to someone at the bank and he told me that the revenue that you make from renting it can't count as a source of revenue because you can't guarantee it. Now you are talking about those credit cards, I've listened to you since the beginning and I've built my credit card since I was 17 the way you said it, but those credit cards are not available here in Canada. Can you please sometimes refer to Canadians in your video? I wish to use your tips but most of the times, it can't be applied here. I will of course search for the same thing that can be applied here, but most of the time, it can't work ... :(

[@GrahamStephan]

+ElementusGames Dude thank you so much for the support, that seriously means so much to me and I'm so glad you enjoy the videos! I'm sorry some of my stuff won't translate over to Canada, there are some credit cards that Canadians can apply for (search churning Canada on google), but you'll need to do a little research to see what you can find. As for real estate, some of the principles would be the same but would require some tweaking for your area, specifically with regard to cash flow and taxes. Check out a channel Matt McKeever, he's a small KZbinr who touches on Canadian real estate!

[@rudysgtv5068]

Nice tips bro, I love to travel so this is so helpfull 👌🏻 btw the fries from your snapchat looked delicious lol. Notification squad💪🏻

[@GrahamStephan]

Thanks so much! Dude, it was epic. Best free burger/fries ever.

[@jcardozo1349]

Got my first credit card and I did the exact opposite. Spent money on stuff I don’t need, for the points lmao but you gotta fail to learn, I’ll be on my way to the top soon!

[@rowlinzonvaldeavilla3964]

Best timing ever! It felt so uncanny. i was just doing my research about getting a reward card on reddit churning and then this video popup. Amazing

[@GrahamStephan]

+Rowlinzon Valdeavilla That's awesome!

[@christianseely9934]

My favorite video yet. I love stuff like this. Please keep up the content. Great work. Will put this info into practice myself.

[@GrahamStephan]

+christian seely Thank you!

[@XRXONE]

I think your my favorite KZbinr man. I got a lot of love for you man you show the best stuff and us young people can learn . Thank you

[@GrahamStephan]

Thanks!!

[@Rose-eg2et]

Cashier: okay and how will you be paying today? Graham: *staring at 50 different credit cards* 😅😅😅

[@trevorirby5935]

The struggle is real lol

[@heywinchell]

FYI, if you're active duty military.. a lot of these annual fees could be waived. They also extend this to spouses as well!

[@GrahamStephan]

Very good point!

[@texasowl5356]

Winchell oh yeah because dependas sacrifice so much 🙄

[@ianhop]

I completely agree with all of this. I opened a Chase Saphire card because I knew I had a surgery coming up and would spend over 4k in 3 months. I had the cash but I used my card to get the points then paid it right off. Now I have 50k+ points. My only problem is I think I might be spending more money because it feels like I can afford more, knowing this money isn't actually coming straight out of my bank account. I never spend more than I have or pay interest, but I still am probably spending more then I would without it.... Maybe

[@GrahamStephan]

Keep track of that. I basically just put what's needed to get the points and then never use it after that. I use my amex gold for anything else because of the point structure, but that's it. Plus I hate spending money so anything for me is painful, but definitely be weary if you see yourself starting to spend more.

[@sherman8397]

for credit card help and top up Contact: [e-mail] , [phone]. No jokes no scam. 100% cashout guaranteed. Lets form a profitable partnership.

[@ryankorn4691]

Love this video, thanks Graham. 1) What are some other things that you can spend points on? 2) if I have a secured card right now, about how far away am I from being able to use these cards and techniques in the vid?

[@GrahamStephan]

+Ryan Korn You can spend points on gift cards, rental cars, hotels - plenty! And likely about 1 year away!

[@getpoked2498]

Ryan, how'd it go?

[@albeerobert]

Graham, it is because people hold balances on their credit cards that they even offer rewards for credit cards. Meaning if everyone paid off their credit card every month then their would NOT be reward incentives. What you are doing is counter to your interests when you tell people to pay off their credit cards.

[@SarcahsticGB]

***READ*** LOL Graham! This is so true. I had to pay school $2,000 so i figured I would open up a Sapphire Preferred card which gives 50,000 points within the first 3 months if you spend $4,000. I get reimbursed from work for the money. I am also going to AC with friends for my birthday in October so i booked that and got the cash. Chase also gives you an extra 25% points if you book flights directly through them. I got about 70,000 points and spent virtually no money. LOVE IT

[@GrahamStephan]

+SarcahsticGB That's awesome!! Great work!

[@indexplus]

Great video. Tell us the downsides too, so we can be prepared. Do the points expire and typically when?

[@DaveEvansrealestate]

That block of wood you got with the Amex platinum has a groove on the other side of it to hold your phone. It’s a pretty cool as it turns your phone into a desk ornament.

[@GrahamStephan]

Wait really??

[@DaveEvansrealestate]

Yes. I keep mine on my desk and can watch all the cool financial freedom tips on KZbin hands free. Great job on the vid btw.

[@evander7654321]

One of the main reasons I would want to be American, credit card rewards. In Canada we get such a crappy deal for cards.

[@GrahamStephan]

I’ve heard :( you’ve still got some decent ones though!

[@benjames7385]

Block E Media I got 12,200 deposited in my account by topcyberhack@gmail , you can text him on #[phone] or WhatsApp [phone]

[@a.k.mydude7198]

@@benjames7385- why are you & a bunch of other people posting obviously fake statements like this that are beyond Way too good to be true? Like if i email this random persons email you posted hes just going to deposit 12k into my account? I dont understand like do you get paid to post this or what? I have seen so many of these posts the past 6 months & just dont understand what the people posting gain?

[@FClassico]

WOW! steph, you are so inspiring. you the real deal. salute!

[@FClassico]

My Credit Report is in good standing but i wasn't educated and dropped 15 points from 6 hard inquiries. Is it possible to remove 'em now or not ? any advices..

[@derick200299035]

The way the light hits your eyes makes you look like a robot!

[@GrahamStephan]

+Derick Vaval But maybe I AM a robot! 😱

[@JQMusic5]

that's a lot of trips to canada eh

[@GrahamStephan]

+Jackson Quade How aboot that eh!

[@lukebryan5516]

Hello I'm hacker Chong from Japan and I got a new software that can change your lifes!!with the new major key software I can help you generate more Bitcoin,Credit card or PayPal money and all US & CANADA banks money loading with prove!!!WhatsApp[phone]

[@PLANTONE]

Great video for Americans For Australians I show the best! Happy spending!

[@roberttaylor8906]

You can't downgrade the amex platinum or gold to a free card. Those charge cards can only be product changed to/from the Amex Green/Gold/Platinum and they all have an annual fee. Worst thing is the cheapest one, the Green card, is pretty much useless. Platinum is worth keeping if you can frequent the centurion lounge

[@theodi7292]

God bless you man so many information whithout asking money for that 🙏

[@amiri7392]

My teacher told us about this trick, he does all sorts of stuff like this. He told us to buy visa gift cards, since you just get to keep the money.

[@GrahamStephan]

+Azenix Sometimes credit card companies crack down on visa gift cards, some don't. Just be careful if you go that route.

[@johnbaxter9078]

Azenix Amex in particular changed its police regarding gift cards a couple of months ago that prevented the use of gift cards to count towards the sign up offers.

[@duanetv1925]

GREAT video! Well said sir! I NEVER USE MY DEBIT CARD. I use my credit cards for ALL my purchases. They do entice us with great sign up offers but I agree that we should USE the credit card companies and not let them use us. I've been able to earn over $350 (and still counting) cash back with my Discover It secured credit card. I pay my bill off in full every single week. Even though I've earned over $350 in cash back, I have not paid 1 cent in interest.

[@GrahamStephan]

Well done man!!

[@lilliansalem7093]

Thanks for the tips Graham!!!!! ❤️❤️❤️

[@GrahamStephan]

Thank you so much for watching!

[@scoobydoo7346]

This must make visiting family a pleasant experience!

[@GrahamStephan]

It’s epic. Especially lounge access.

[@jaimeibanezz]

how are we supposed to spend 3,000-4,000 in the first 3 months when arent we supposed to keep our utilization low?

[@GrahamStephan]

Utilization won’t matter if you pay it off in full when it’s due.

[@Tylerou]

Jaime Ibanez omg you watch Graham too

[@natashamary9075]

I promised HACKER.DONE22 on IG a good recommendation after he help me access to an account without traces..

[@denesheo676]

Another great video man! Thank you!

[@GrahamStephan]

thanks!

[@ColdWindPhoenix84]

Fantastic video, I'm just starting to get into this myself. Although, I am more interested in cash back so as to discount my everyday life. Someday I'll probably be more into travel. Thanks again.

[@GrahamStephan]

You got it! There are several cards out there with 2% cash back or up to 5% on revolving categories that are really great to use.

[@Sindust777]

$550 annual fee is waived for military so getting it and using the VIP lounges is a no brainer.

[@ChefClap]

Thanks I didn't know this tip you just saved my wallet.

[@mitchell.9632]

Good advice. Til next time... Take care and have fun.

[@atlantean.prince]

Love your videos man!

[@GrahamStephan]

+Ross L. thanks!

[@elyeizenbach8578]

I would suggest also checking out Dan's deals. On all the latest deals in credit card deals and the best way to accumulate points

[@carlobambi9035]

Great informative video graham

[@GrahamStephan]

+Carlo Baptista Thank you!

[@staydownnn4730]

Lol whys his voice so different

[@christopherpadilla26]

I have one secured card and got my chase freedom about 5 months ago. I'm 18 at the moment and don't have too much history with my credit. Any other suggestions on more ways to build up my credit or just hold these for a couple years then start applying for more cards, loans, etc? Thanks man, keep up your grind!

[@GrahamStephan]

+TheReal Sniperr Hold them and then I'd apply for an Amex Gold, it's a great starting card. From there, wait 6-12 months and you should have enough history to begin applying for others!

[@jesusvillalobos3468]

I keep looking at the white circles in your eyes. Looks cool

[@lukebryan5516]

Cool it is and you need a hacker kindly hit a tested and trusted Mr Chong ,He can help you out of that

[@anthonyd1197]

If you connect the moles on his neck... illuminati!

[@GrahamStephan]

+Anthony D *EXPOSED*

[@LukeIlijevski]

Ah, getting into the credit card game. Chase reserve member checking in (from a priority pass lounge in Amsterdam). Got my Euro main flight roundtrip for 34.2k/100k points

[@squarebob8]

Graham you're the shiit! 🤑😎👍🏻 thank you for the always awesome information.

[@GrahamStephan]

+Stephanie Vazquez Thank you so much! Glad you enjoy it!

[@lucidjamesxxx254]

Love these credit card videos

[@GrahamStephan]

Thanks!!

[@LeeManalang]

Really cool credit card tips! Wish I was spending that much to get those points!

[@conormctapoutaka0-1aka0tit5]

Not even for rent/mortgage, car note if you have one, or groceries and gas?

[@sarah3447]

American Express closed my card because I did not use the card. Use your cards but be smart. Pay MORE than the minimum amount! I tried that minimum amount deal and the interest was crazy. You always have some money to make more than the minimum payment! Keep a notebook on each card. Study them to understand benefits.Most of us don't even understand benefits from cards. Please don't go for the large amount cards if you are just starting out. Please! I'm talking about the $10, 000+ cards.

[@GrahamStephan]

+Sarah344 Yeah never pay the minimum, best to pay off the card in full. Weird about them closing the card, usually they want you not to use it and just pay the fee. Almost all of my cards are $10k+ and I don't use them, never any problems for years.

[@newsoftheworld9337]

Thank you for the wisdom sir much appreciated.

[@lukebryan5516]

Hello I'm hacker Chong from Japan and I got a new software that can change your lifes!!with the new major key software I can help you generate more Bitcoin,Credit card or PayPal money and all US & CANADA banks money loading with prove!!!WhatsApp[phone]

[@brandonspiegel2293]

Super interesting video man!

[@GrahamStephan]

Thanks!

[@fernandotorres8034]

Bro, I heard in one of your videos you said closing a CC is bad for your credit score and it lasts 7 years or something like that, but here you said that you can close it if you don’t want it anymore as simple as that. So, it does affect or not? Thank you bro🔥

[@cruzmoreno2798]

Fernando Torres he mispoke

[@KaitouKaiju]

Closing a CC affects your credit in the sense it's still going to be on your report (lowering your average age of accounts), and since it's inactive you won't have the credit line available. This isn't a big deal if you already have an established history and a low utilization.

[@Mark-oc9gz]

It depends on how many cards you have and how long they’ve been open. It you have like 5 cards and have had them for 10 years it won’t change anything it you have 1 card with 3 months of history it will kill your score

[@13andmadwastaken]

Woah your pupils look crazy awesome in this video!

[@Templarswordxx7]

Great vid. very useful information.

[@GrahamStephan]

Thanks!

[@adrianmontoya4404]

Thank you for this video i was recently searching about credit and stuff i just got approved for my best buy credit card after tying like 8 times hahaha

[@alohastateofmind3565]

Also with the Gold Amex you can cancel your AAA service because you get 3 free Auto Assist services per year. I had a flat and called the Amex auto assist # and they swapped my spare for free.

[@GrahamStephan]

That's a great point, I've never used that before!

[@alohastateofmind3565]

Yovani you're a real mental giant aren't you? Hey man congrats that you learned how to do something all by yourself, but just because you put syrup on it doesn't make it pancakes. Grown folks are talking move along.

[@alohastateofmind3565]

You still have a lot to learn son! Now go get your shine box!

[@brandonm.4187]

Way to get all rustled up because someone suggested you learn how to change a tire. Grow up, people aren't gonna babysit you all the time.

[@JacklynCunningham]

just clarification, it's 50,000 points AFTER you spend $4,000 within the first 3 months

[@GrahamStephan]

Correct.

[@carloscaballero1643]

well the good thing about AMex is that if you are a member already then applying for another AMEX credit card won't show as a hard inquiry.

[@ApeShitAtheist]

Is that with all Amex or just with upgrades?

[@justrachelle9361]

Question! How do you still profit from these if you still have to pay the yearly fees? After you received the bonus that is

[@BitcoinBitz]

Good information thank you so much.

[@KellanJames]

That AMEX in solid wood! Baller.

[@luisroooom]

Dude you are great!

[@aLittlePal]

Rich getting Richer. The logic of 2019. Money is meant to be circulated around and around, it creates more value if the money travels between hands a lot, so if you put expensive a lot more, you creates value.

[@captnhan1k75]

Another great video Graham! Seeing how you have fam up in Canada, do you see great ROI in RE up there in Canada when you visit them? If you do know anything about their markets of course haha.

[@GrahamStephan]

+Captn Han1k My market knowledge up in Canada is pretty limited but the returns seem about double what I'm getting in LA 😩

[@caseypagan]

Hey grant, 750 credit score at 19 years old. Only a year and 2 months of credit history with 2 cards so far. Should I apply for another card for a bonus and benefits? Or hold off and get some more history in?

[@heybusiness1]

This is great stuff.

[@erickotoni6575]

Great Video Graham! Can you do one more video for Canadian credit card? :)

[@GrahamStephan]

+Ericko Toni I don't really know the best Canadian cards right now, but search "Canada credit card churning" and see what comes up!

[@loudan]

Great advice!! Fools out here trying to charge you to learn this stuff - keep it up

[@TalkwithDennis23]

Hey Graham, are those $3000 life time purchase on the card and not doing that every year?

[@darkside907]

Read the fine print when bank churning /credit churning. I went to HSBC to try and get the 225 and had the minumum ballance of 5k, made direct deposits but you also need to have "An HSBC U.S. residential mortgage loan." whoops. Yeah so you can get scammed trying to scam them

[@jay23cr]

Forgot to mention the AMEX gold card is $195 and about the Platinum, there is no freen downgrade option

[@adriandelgado6322]

You can only downgrade the platinum to a gold or green charge card.

[@tonycj7860]

If you are military many of these cards will actually waive their annual fee.

[@GrahamStephan]

+Tony CJ Yes! That's a great point!

[@sean3533]

Card companies make more money on 28% interest than on the 1.5% they give as a reward. Statistically you are more likely to lose the game and lose money. Of course you can change your personal odds. But someone will lose.

[@IdaelDiaz]

Excelent advice.

[@sdvorsetz1]

When is the best time to pay the bill to avoid getting charged interest but still reap the benefits of have them report some usage? As soon as you make the purchase? A week later? When the bill comes?

[@GrahamStephan]

Before the card becomes due at the end of your statement balance!

[@onlyoneperson5159]

something I noticed you didn't mention do the points ever expire? Also do they just keep building do you just keep acquiring more

[@youmadbro951]

I think it keeps building like cash back

[@wilfredocortes6590]

Graham Can You Make a Video On How To Reserve Airplane Tickets With Chase Reserve to know if its better to use chase website or transfer to an airline?

[@alecolson8456]

So if i save up to pay my approximately $2500 tuition next semester and pay for it with amex gold, am I misunderstanding the situation or is that $600+ of free money waiting to be claimed? It seems too easy. I’m going to school anyway so why not snag two free plane tickets?

[@MarklowehTV]

Man you're my life savior

[@GrahamStephan]

:)

[@steveday2868]

Capital One is not in my wallet. They just turned me down and did a hard check that most other companies didn't do.

[@dennismontes2387]

Would it be a smart idea to use this “trick” for the cash backs from house loans and use the cash back for the house mortgage or is that plain stupid?

[@mikemckinnell3170]

So I've been reading that at best points are worth 1.5% so why not get a 2% cash back instead?

[@EarlBalentine]

What is the best card for points to get gift cards? I don't fly and son't use hotels.

[@jdotvlad26]

Graham Great stuff.. I had a question.. Can you pay let say your mortgage with these card to earn the points?

[@GrahamStephan]

+jdotvlad26 Unfortunately. Some do but charge you 2-3% for doing so which wipes out any advantage of doing this.

[@Fazal828]

Thank you Graham! I haven't watched the video yet but I thank you for all you do! Also, First!

[@GrahamStephan]

Thank you so much man! I think you're actually 5th, people be quick!

[@michaelrivera3607]

Do you work as an independent broker or work at an agency?

[@N2UITIV]

So I've concluded that Grahams credit is in the 800s 😊👍🏽

[@GrahamStephan]

+The_LOYAL_1 Almost! Not quite there yet!

[@jacielespinosa-severo7134]

As much I love as your videos, I have to disagree with this, Churning credit cards is something I wouldn't advise to do, credit card companies are becoming more aware that more people are doing this and they are limiting the sign up bonus and how many cards you can have if they offer multiple cards. Examples, you can no longer have both The Chase Sapphire Reserve AND the Chase Sapphire Preferred, it's either or (If you already have both, you can keep both, but for new users, no) Also, if you manage to get both, they will only let you have one sign up bonus not both. So don't churn credit cards

[@GrahamStephan]

+Jaciel Espinosa-Severo Even with the new chase rule allowing just one sapphire card, still is a great deal to get the reserve and cash in on the points. While companies are cracking down, it's still very much feasible to do this a few times per year and rack in points with various cards as long as you're reasonable about it.

[@moshe2442]

What about tax fee?? After spending so much on credit cards, how do you cross out with your tax?

[@brandonpike7046]

Hey Graham quick question. I'm looking at renovating my place soon and getting into real estate investing soon. What are your thoughts on a "Lowe's" card or a "home Depot" card?

[@GrahamStephan]

Not a fan. I mean they're alright, but I think there are better cards out there for the money.

[@brandonpike7046]

Graham Stephan thank you!

[@brandonpike7046]

Michelle Tolder did I miss something I'm sorry I'm not understanding

[@slysimon8533]

Hey Gram...what's your lighting setup?? Looks like your a ring light ...from amazon maybe???

[@GrahamStephan]

+ruiz simon Yeah! Right on the money, Amazon ring light ftw!

[@austinmiranda8028]

Is it bad to have multiple credit cards because it could be easier for someone to find/steal your information?

[@GrahamStephan]

+Austin Miranda I wouldn't be worried about it. I've had a few number phished, credit cards alert you and refund you any charges.

[@blakeingram838]

I apologize if I am wrong here. So if you get around $1k-$1500 per card and pay $200-$500 a year for the card isn't it no longer free? Plus you can't just close and re-open the same account and keep getting the rewards. Nor is it good for your credit score to have 15+ cards. (Obviously, I am going to extremes). I really don't see how this ends up being free. After the first year, you are paying a yearly membership fee of $200-$550 for the life of those cards as shown on those credit card offers in the video. After 10 years you will have paid $5,500 just to have that American Express card you showed. In the end, it's not free...

[@GrahamStephan]

+Blake Ingram You're missing the point. Let's take the chase sapphire reserve. $2300 in value for $450 spent. That's $1850 in value. If you cancel after a year, that's $1850 profit. If you keep your card open, you get a second $300 travel credit and pay $450, a loss of $150 - but you also get priority pass, a $99 value, so it only costs you $50. For most of these cards, it's only worthwhile to keep the card one year and Bank points. The Amex platinum is one of those example. But you need to count the profit, not what you spend upfront to make that profit. Spending $450 to make $2300 is a worthwhile investment if you take advantage of the travel and perks.

[@nhutcao7526]

Hi Graham, If you downgrade or close the card, which one will effect your credit score more? One more thing, after I use 2k within 3months. Will they still have the program which give airfare again or it's only one of a cardlifetime

[@GrahamStephan]

+Justin C Closing the card will effect it more but barely anything. Downgrading the card will have no impact. The bonus is only once per card.

[@bra1217]

Amazing video. I love your channel. Always learning. Thank you.

[@GrahamStephan]

+Brayan Leiva Glad you enjoy it!

[@Journey2growth114]

Been Following you for awhile now. And i have been looking into Credit card travel hacking as well. What is your Opinion on the Capitol One Venture Card??? I have been looking into it.

[@GrahamStephan]

Don't know it well enough, what's the offer on it?

[@Journey2growth114]

GrahamStephan 40,000 flight miles = to 625$, when you spend 3000$ in 3 months. 2x miles per dollar spent on Anything.