Extreme Cash Back Credit Cards

[@jakejapan8694]

Meanwhile gold credit cards in Japan give only 0.5% of cashback

[@mreagle4689]

Same situation, one of my credit cards in Indonesia has cashback 10% but capped at equivalent of $6.67 per month, luckily it has free annual fee for life🙃

[@mahmoodmarhoon7691]

not profit

[@redson8210]

Do you guys actually have cashback? Here in Brazil, we basically don't 😢

[@RealClintCapela]

Same for us in Australia. I think it’s because Americans aren’t responsible (Australia only really gives frequent flyer points [and we have long distance travel for most domestic and international flights so it is rough] and cash back is only for sign on bonuses)

[@lewislouis6246]

​​@@RealClintCapelaits not because of americans not being responsible. Actually the entire world is in debt including Australians. Its the fact that Americans spending rate is way higher by comparison to other countries. Its why we get the points and benefits that we do without our spending rate we would get the same thing as Australia. banks can't make money to pass on benifits with a society who has a traditionally low spending rate.

[@Ballzinyahmouth]

Blockfi card didn't age well

[@cristianantolin1396]

Why

[@trooperstallion]

@@cristianantolin1396doesn’t exist anymore.

[@vrsce0178]

@@cristianantolin1396Research?

[@helenaasieduwaa712]

I have the Golden one card for $3 yes and a week have to go to bonds configure this week you must get to go to Monarch X3 free

[@helenaasieduwaa712]

🎉you doing und Kaffee trinken und Herren in Jesus

[@sebasfilmedit]

How do you get 5.25% in the Bank of America card? I only get 3% options. Do you need to have a certain amount of money or something?

[@mikeyiorio1880]

You have to have an average balence in your checking account of 100k+ over 3 months to get that rate

[@MiguelGonzalez-hf9tr]

@@mikeyiorio1880 what he said

[@javierclement3047]

@@mikeyiorio1880which makes it useless In other words as you’re losing money considering the risk free interest rate amount on 100k Based off even 30k in spending would be weeeeelll above that. BOA is scamming ya.

[@therealtomcruisefrfr]

@@mikeyiorio1880holy shit

[@SonnyTheGreat]

@@mikeyiorio1880 which is dumb cuz you could sit that 100K in an hysa and earn over 300 a month in your sleep

[@yxmichaelxyyxmichaelxy3074]

'I made $5,000 in cash-back from my credit cards'. He neglects to mention this took him 20 years. 😂

[@Mirror371]

Learn to take short cuts humans make life worse

[@FullFull-uy5eh]

Hi

[@manbuckets]

Nice loop! Caught me off guard the first time I viewed the video

[@HeythereDavehere]

It worked! 😉 Thanks Manny

[@nelsonpineda8047]

@@HeythereDavehere name of wallet please.

[@gilbert512]

What’s the wallet name please?

[@jphon8847]

Good luck on the BlockFi

[@noahbaatz6115]

Rip blockfi lol

[@texassecession6422]

I set BOA cash reward on online purchase and get 5.25% on rental payment. The fee for paying rent with a credit card is 2.95% so still about 2.5% net profit.

[@Stutterstun]

But don't the BOA cash rewards card have a limit of $2500 each quarter?

[@texassecession6422]

@@Stutterstun True. Having player #2 and 3 would help. There are different versions of BOA cash rewards. I just did further research. You can have multiple BOA cash rewards cards. You just have to wait 24 months before opening another one.

[@Stutterstun]

@@texassecession6422 sounds like you did your research, I didn't want you to lose out on profits. Best of luck to you and your credit card journey.

[@texassecession6422]

@@Stutterstun Thanks. It's just a small money. Not gonna be rich from credit card perks.

[@johnpikathemusician271]

And here I thought 2 percent cash back was beast mode. But, 5.25 percent???? Dang!

[@spizzlo]

Nice combo for straight cash back. I wish more issuers had transfer partners though. There are some great cash back cards, like from US Bank, but without travel partners I tend to pass them over.

[@LonelyyPoison]

Wym I'm not from the US and very unfamiliar with that, what do you mean by "Cash Back Card"? Is that a Credit Card that just gives you some portion of money back each time you go shopping? If yes but doesn't that just go back to them, when you pay your monthly pay for the card? Or does that not exist in the US? If yes how do you get your money back by using that card? Just (for example) I go by myself a PS5, a TV and some Games, and in the end all of it costs 700, then I just get back around 10-15 bucks (or dollar) of that just for shopping? If yes that's crazy, but how is that possible, from where does that money come from, I mean I'm pretty sure the store wouldn't want you to give some up, and that's the price for the product and tax, or are those products too much taxed to a point where you can get back some of that tax? Man idk please enlightened me, I'm just amazed by that frfr

[@spizzlo]

@@LonelyyPoison So I can only speak to the US where I live, but yes, a cash back credit card gives you a portion of money back when you make purchases. Sometines it's for all purchases (or most anyway, a few exclusions) which is a flat cash back card. Those are commonly found at 2%. Others pay more, like 3-5%, but only for specific categories, like gas or groceries. The store doesn't pay you, the credit card company does. They have these programs because they make so much money on interest fees from customers. These cash back programs only make sense for customers if you pay off your card in full every month. If you pay any interest, you will pay more then you receive in cash back and it doesn't make sense at that point. Credit card companies make billions on people's poor shopping decisions, but if you're smart you can take advantage of that and the credit card company will pay you. The cash back will usually add up in your account, then you redeem it for a statement credit, direct deposit, you can buy gift cards, travel, etc. There are more details but that's basically how it works.

[@LinkinPark513]

Hey Dave - Appreciate your videos on the most effective cash back cards you have! As your cashback on the everything and dining cards' rewards rate is tied to holding a large account balance with BoA/Merrill to get preferred rewards and the Amex card has a very high ($700) annual fee I think most of these would be very difficult for the average person to actually obtain. Would you happen to have any good card strategies not tied to as high of capital requirements?

[@HeythereDavehere]

Yes, although my go-to recommendation card has been discontinued (WF Propel Amex) and they replaced it with a 2% on everything card and there are already several options to choose from for 2%. My best advice is to think about the categories you spend in most, and find the mix of cards that reward most in those categories and try to always use no annual fee cards because the fee is nearly impossible to “earn back” purely from the increase in points/cash back rate.

[@Elemental1331]

Can you explain how you calculated that percentage for the bank of america premium rewards card? Because on their website it says 2 points per dollar on travel and dining and 1.5 points per dollar on all other purchases. The points are worth up to 1 cent per point.

[@scottb_02]

Maybe using the higher cpp when it’s used for travel

[@texassecession6422]

You have to be preferred member for Bank of America. Then, your reward will have 75% boost which makes 3% reward to 5.25% reward. To be a preferred member, you need to have minimum of $100K in brokerage account or savings account.

[@javierclement3047]

@@texassecession6422are you sure it’s a brokerage account as well ?

[@spearfishingbluewater]

Thank you Dave. I´ve got Blockfi card but I do not know how to use it. How to send USDC or other coins? How to spend in Europe in EUR? Thank you.

[@kevinmayse3514]

I'm still stuck and confused in how to use my EUR on my WBLL acct holdings... Let alone to even find out where and how to access it.

[@RaiyanGaming859]

What is the name of wallet please tell me

[@footwearXP]

Hey Dave! Are you still using the blockfi card?

[@starwreck]

reeeee the suspense is killing me

[@HeythereDavehere]

lol

[@Alexy11487]

​@@HeythereDaveherehello Good morning what name 2nd card ?

[@CalvinChampagne7]

Bros banking with Bank of America…. Tells me everything I need to know

[@SleepyMagii]

Dude said blockfi 😲😬🤣

[@AngelGuerratherealme]

Hey Dave where the full Video

[@Konstantinos_A]

What’s the name of the wallet you have?

[@Charlesmarcel-ee4ke]

Bro put down 4 cards and then have a stack of cards😎

[@Namdaq]

so what's the 2 card?

[@artbyact]

Hows that blockfi card working out for you loll

[@Rod-bp8ow]

Cash payments...each month and every year. *******IMPORTANT******

[@SuperA7M4D]

Egypt's credi cards gives 2% of cashback

[@fencers]

Where did you get the box in the background with all the numbers on it? I have something very similar that I inherited from my grandfather.

[@therobloxmoviecreator2219]

This guy has a lot of credit cards

[@happywho2231]

Didn't blockfi go out of business? How old is this clip?

[@kevin0927]

What’s your wallet choice?

[@HeythereDavehere]

I’ve been loving the Trove wallet… personally using a black carbon fiber on black elastic with “swift tab” but I’m thinking about a refresh soon... trove.cc is their website

[@kevin0927]

Thanks@@HeythereDavehere I’ve been debating getting the Frinchie Co Airtag ready speed wallet. Figured it’s what you had. If you do find a wallet you like - quick review ?

[@HeythereDavehere]

@@kevin0927 will do. I never carry cash, so the Frenchie wallet is too thick for me

[@Mackcard24]

🆙👆 Tap in legit vendor

[@enaunaguirre7847]

Bro has like 21 figures in each card😮🤑

[@thinkingstoic]

but why is it that on my (well my dad’s bc i’m not 18 yet) card it says all the card information and on these cards there’s no numbers or any card details? What if someone steals all of that info that the card has in itself (CVV, Card Number, Expiry date) like what if they takes a picture of my card from both sides?

[@cal1640]

How do I redeem 500$ from the Bank of America premium card ?????

[@aditya-dixit]

I just got the blockfi card lets go

[@HeythereDavehere]

Nice! Welcome to the club!

[@user-dimitrisaratov]

Me to

[@DavidGarciajrtx]

RIP BlockFi

[@GioVonniRimz]

I need all 5 of these in my life well I have two but still, I need them all!

[@ouuuaburger2093]

More card, more card yearly chrages

[@DJSliick]

Did you invest the $5000? Or Spend it?

[@YuuShinoda-ho7hh]

On t ele

[@dougn7319]

Open multiple of the BOA 5.25% card.

[@HeythereDavehere]

Not a bad idea, but I personally don’t spend enough in another specific category to make it worth my time

[@mahmoodmarhoon7691]

not believe 438 point equally 3dollars

[@andrewe9063]

Why are you using your Amex platinum for travel…you should be using another Amex card for more points 😳

[@boatenthusiastandexplorer6961]

My solid rotation for cash back will be navy federal cash back rewards card , Apple Card and citi custom cash these three combination gas , food , bills and for my fourth card American Express gold card for food and travel this 4 card set up is perfect well rounded

[@jakesmith3920]

I always find only poor people use credit cards.

[@Bmarts93]

Every single card for nerfed since this video lol

[@mike_delv7228]

How to push people stop using cash to be able to track them all for data mining? There is your answer...

[@ClassifiedPerson]

With Yearly fees will make me go bankrupt

[@Tdizzle2010]

Yeah but how much is the intrest

[@Mackcard24]

🆙👆 Dm legit vendor

[@ChrisGugliuzza]

Interest doesn’t matter if you pay it off every month

[@tantilist1449]

Uh oh..Blockfi? This didn't age well 😅

[@HafsaAhmed-u3w]

😂 I am going home with my family

[@SpaceRanger187]

i assume you dont have all these cards on your credit report?

[@FullFull-uy5eh]

You knez itd not ok to take from anyone. Or i'' so on..... Pay it back

[@cryptodev2615]

He forgot to mention the bkockfi card 3.5% cahsback is jntro bonus...

[@Lilsam181]

can i use your card in Africa for 4ukey app

[@TheWoodlandsRunner]

Hi Dave, your comment about HOOD from your last live event seems dead on based on the last 2 days of trading. Here's to epic growth of Robinhood for the next 5, 6 years.

[@HeythereDavehere]

🥂 it’s nice to see HOOD coming back!

[@Weisheng1120]

Rewards.....?😅

[@eastnewyork3434]

TO KnO is To Be Aware -BigSplash 👁️💦🌎

[@jaiprakash9920]

meanwhile SBI cashback card (india) flat 5% cashback.. so buy gift card first for double dipping.... average 10-13% cashback...& best thing one single card to carry

[@MRXMINATOedit]

💳

[@KrissySanchez-wh7fk]

5 billion 🇺🇸🇺🇸🌍

[@masondoetv]

Eww Bank of America

[@LonelyyPoison]

What eww America, we love the US, if you live in the US, and don't like it, no one says you gotta stay, you can also go somewhere else, but we love the US!! 🇺🇲☦ (Patriot Trump 2024!!)

[@masondoetv]

@@LonelyyPoison I’m talking bank of America bank company

[@LonelyyPoison]

@@masondoetv bro ik i just wanted to drop the stereotypical patriot republican seeing someone saying something against his country, while being stupid and not even realizing that he didn't even said anything against his "beloved country" xD. i tought it looks perfect, but since you defended yourself you likely fell for it. i wish i could drop a funny explanation like that, but ight you got me, this person i talked about here, is myself, I'm this stupid patriot...

[@masondoetv]

@@LonelyyPoison first off you sounded so serious when you said it and you weren’t saying just kidding or none of that you didn’t say any of that you sounded dead serious second of all it’s not that deep. You don’t have to sit here and get mad about it.

[@aliasunknown7476]

Bragging

[@Charles-lane277]

American express sucks

[@alaskanbullworm1632]

Not following

[@ExposeFlyersDotCom]

LOL what a shitty set up.

[@luhhnr]

What?

[@gilbertlara1547]

PorfVer

[@ShehbazMalik-he8zq]

❤❤❤❤

[@hayathayat-t1b]

😮😊

[@OyuntuyaTsagaan-k4z]

❤❤😂

[@dundydundy1046]

Can you me one send one please

[@dumpslarkthe.realvendor7134]

🖕🖕 thanks you for the good log with high balance ✅💯✌️✌️

[@robloxbrawlstars6529]

Free robux

[@KarenHall-zp1qs]

Attention Hate Plastic GMBR Card

[@haitiankid4lyf]

this one didnt age well

[@Kingolimar354]

Why? Bitcoin?

[@anadarioanadario3347]

I comment❤❤

[@krishayes6516]

Dorks

[@RaiyanGaming859]

What is the name of wallet please tell me

[@dumpslarkthe.realvendor7134]

🖕🖕 thanks you for the good log with high balance ✅💯✌️✌️