How To Climb the Credit Card Ladder in 2023

[@SpencerJohnsonOfficial]

You've started a movement in this niche with the credit card ladder system. Although the ladder stays pretty consistent every year, I'm happy to see you've added a tier 3.5! Every year you make one of these, it's an automatic click from me. Keep it up Ben!

[@bber45]

I was at tier 4 for a while with my Amex Platinum but I decided to cancel it last year because it basically become a coupon book for someone who lives in NYC. Lounge access was nice but when you travel with friends and family it's dog shite now. I'm pretty happy being at 3.5 with my Amex gold and love it. It's my driver. I think if they can make some Major changes to the Platinum and be family travel friendly, I'll give it another chance. Eyeballing the Venture X card too.

[@TheCreditShifu]

Losing guests at centurion lounge is a big loss

[@bber45]

@@TheCreditShifu %100. I'm looking at $150-$200 in guest fees if I bring the fam. For that amount, I can go to the airport bar and grill. I think this will hurt Amex Plat in the long run. Honestly, who's going to spend $75k a year just so they can bring in guests for free? Not many.

[@TheCreditShifu]

@@bber45 just spend $175 on up to 3 authorized user cards. Although if you have kids under 13 then you are stuck

[@bber45]

@@TheCreditShifu yeah I got two little ones under 13. And it will be a long while before they turn 13 lol

[@JP-rr4gi]

I’m loving my VX card, definitely go for it

[@a3sully]

Tier 2.5 for me lol. Team cash back with a few low annual fee cards that give great value and bunch of no annual fee cards.

[@fluffywarhampster]

Teir 3.5 is definitely a necessary addition and where I think we will start to see more card companies focusing now that we are headed for a recession. Something more along the lines of a "value premium" card. Chase could probably do something on that level between the csp and csr and call it the select.

[@user-pp8vq4lb2n]

Hi, Ben. I'm Japanese. Few days ago, Capital One Platinum has approved. No Deposit, 300USD Limit even no U.S. Credit history in the past.

[@JohnSkyLey]

Great advice Shifu!!

[@MannyCovington]

I always love these videos!

[@tristantsosie769]

6:41 Tier Two

[@aesthetics4days]

LMAOOO the "black card" that joke was awesome

[@latachia_2981]

I really enjoy watching the How To Climb The Credit Card Ladder Videos!

[@caribdude8151]

Been watching your videos since 2016. I always enjoy the How to Climb the Credit Card Ladder videos every year! Keep it up Ben! 😎👍👏

[@marktomatino6564]

My strategy is to put spending on the Chase Trifecta (CSR, CFF, CFU) and Citi Custom Cash and go after Tier 3 sign up bonuses. Some of these Tier 3 cards I keep as sock-drawer cards (Alaska Airlines Visa, Marriott Bonvoy Boundless) and others I downgrade after 1 year (United Explorer, Delta SkyMiles Gold).

[@stephenmeade8501]

It would definitely be a smaller niche than normal but with more global nomads and ex-pats every year it would be good to see a few trifectas or more simple card setups focused on life outside the USA?

[@alypsytmp]

Interesting how theres a huge gap between tier 4 and 5. Like it went from $40k income for tier 4 to $10m in assets for tier 5. Like there should be a tier 4.5 or a full tier in between.

[@KlayWisseh]

Amazing video. Like usual, perfect timing too. (For me at least)

[@TheCreditShifu]

Glad to hear it!

[@allen5184]

about 2-3 days ago i got denied for citi custom cash yesterday i got pre approved for chase sapphire preferred and got the accepted for my first chase card lol what

[@younggriff86]

Is there a UK version of Max Rewards?

[@illumanati_show7381]

I am in a situation where I am a student but do have credit history, should I get the discover it or the student one?

[@totallymarc]

Jesus what is with all these spambots in the comments lately? Not that your content isn't good, I think it's great, but all of these bots praising you is clogging up the comments and burying the actually relevant comments.

[@Lawrence1450]

Its so common, surprised KZbin hasn't fixed this yet.

[@marcellcopeland7592]

Oh boy.. a know a dozen KZbinrs who can’t wait to copy this next year 😂😂

[@TheCreditShifu]

2 already did it this year, that's why I had to do it lol

[@josedcolon68]

Hey Ben! Your video was entertaining and informative, but you're right about the hair. Yikes! I tried to give you credit for the Max Rewards thing, which seemed pretty cool. Unfortunately, it couldn't log into either my Chase or Citi accounts, and that's 7 cards it wouldn't track, so I deleted the account. I'll give you a like for the video, however. Cheers!

[@domijotowashere2573]

Let's get this video to a million views

[@TomA-xt5xp]

Why is that I can get 4 cards with chase each credit line over 20000 but I can’t get all limits combined into one and close the other 3 .????

[@Hoonigantrucker]

What tier is the Capital One Venture X considered to be on? I am going to apply for this card in the next couple of months.

[@Bharlos]

He showed it on tier 4

[@josephdonzanti7966]

That “platinum” lady looked homeless. What a great representative for American Express…NOT 😮

[@jgalvez81]

Wouldn't the AMEX green fall under tier 3?

[@BlakeMadsen]

I've been at tier 4 since 23. I'm 26 now making $200K+/year but I don't see myself ever getting into tier 5 :(

[@Xavi_Volta]

Alright so.. I have around a 695 credit score and I only had two credit cards for the past 6 years with capital one and in general (quicksilver and savor one) after like 2 years since I applied for the 2nd card (savor one) i went crazy and instead of climbing the credit card ladder, i jumped straight for the venture x and surprisingly got approved with a 10k limit. Was that a good or dumb move? given that i basically skipped the credit card ladder?

[@theodoresmith3353]

I'm gonna product change my platinum. $700/year is just nuts. I don't see myself getting that kind of value out of it.

[@WilliamschmidheiniJR]

I thought the Citi double cash currently has a welcome bonus for a limited time?

[@TheCreditShifu]

Doesnt show one on their site, maybe a targeted mailer

[@zimcarbone]

Can someone make a tier 4.5 where you need 800+ but aren't a billionaire?

[@TheyMostlyComeAtNight]

Good info, but I'm out of the game.

[@jorgebours3691]

what page are you in @13:18 ?

[@manglamsharda1799]

Win powerball = Climb upto black card

[@michaelswami]

“For the KZbin algorithm.”

[@gregbaxter6162]

Same video as last year probably

[@josequesada1234]

Can I get the Uber credit from both the Amex Gold and Platinum?

[@TheCreditShifu]

yes

[@josequesada1234]

Thanks! Love your content. Keep it up

[@MichaelMcNeeley]

Amex Green doesn’t exist, confirmed

[@TheCreditShifu]

lol

[@shojus]

👌

[@GOPA90]

👍🏽

[@nickdavid5902]

Hi Ben, been subscribed to you for a while now I really appreciate all the content you put out as it has taught me so many things that have added value to my life🙏🏽 I’m looking into getting my first business credit card. I’ve been operating a sneaker reseller business throughout 2022 as a sole prop with a EIN. Im in the process of creating an s Corp with a new EIN. If I get a business card with my sole prop EIN, would it be easy for me to change the EIN to the new EIN I receive for my s corp? Thanks again for all you do for the community, all the best!! 🫡

[@Charlesmarcel-ee4ke]

I seen millionaires go broke within the first year so the black card is not the answer you still can’t hold a balance on it keep in mind it’s still a credit card but the key thing is they hooked up to your bank account if you don’t pay your balance in full they will just take it out your account and you will never know and when you going broke you can’t close the account with them because now you have a huge balance amount and your credit score will drop huge and other banks will know 🤔🤦🏼‍♀️🤷🏼🤷🏻‍♀️💳🧉🏝🥭