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 Жыл бұрын
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 Жыл бұрын
Losing guests at centurion lounge is a big loss
@bber45 Жыл бұрын
@@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 Жыл бұрын
@@bber45 just spend $175 on up to 3 authorized user cards. Although if you have kids under 13 then you are stuck
@bber45 Жыл бұрын
@@TheCreditShifu yeah I got two little ones under 13. And it will be a long while before they turn 13 lol
@JP-rr4gi Жыл бұрын
I’m loving my VX card, definitely go for it
@a3sully Жыл бұрын
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 Жыл бұрын
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-pp8vq4lb2n10 ай бұрын
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 Жыл бұрын
Great advice Shifu!!
@MannyCovington Жыл бұрын
I always love these videos!
@tristantsosie769 Жыл бұрын
6:41 Tier Two
@aesthetics4days Жыл бұрын
LMAOOO the "black card" that joke was awesome
@latachia_2981 Жыл бұрын
I really enjoy watching the How To Climb The Credit Card Ladder Videos!
@caribdude8151 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
Amazing video. Like usual, perfect timing too. (For me at least)
@TheCreditShifu Жыл бұрын
Glad to hear it!
@allen5184 Жыл бұрын
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 Жыл бұрын
Is there a UK version of Max Rewards?
@illumanati_show7381 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
Its so common, surprised KZbin hasn't fixed this yet.
@marcellcopeland7592 Жыл бұрын
Oh boy.. a know a dozen KZbinrs who can’t wait to copy this next year 😂😂
@TheCreditShifu Жыл бұрын
2 already did it this year, that's why I had to do it lol
@josedcolon68 Жыл бұрын
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 Жыл бұрын
Let's get this video to a million views
@TomA-xt5xp Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
He showed it on tier 4
@josephdonzanti7966 Жыл бұрын
That “platinum” lady looked homeless. What a great representative for American Express…NOT 😮
@jgalvez81 Жыл бұрын
Wouldn't the AMEX green fall under tier 3?
@BlakeMadsen Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
I thought the Citi double cash currently has a welcome bonus for a limited time?
@TheCreditShifu Жыл бұрын
Doesnt show one on their site, maybe a targeted mailer
@zimcarbone Жыл бұрын
Can someone make a tier 4.5 where you need 800+ but aren't a billionaire?
@TheyMostlyComeAtNight Жыл бұрын
Good info, but I'm out of the game.
@jorgebours3691 Жыл бұрын
what page are you in @13:18 ?
@manglamsharda1799 Жыл бұрын
Win powerball = Climb upto black card
@michaelswami Жыл бұрын
“For the KZbin algorithm.”
@gregbaxter6162 Жыл бұрын
Same video as last year probably
@josequesada1234 Жыл бұрын
Can I get the Uber credit from both the Amex Gold and Platinum?
@TheCreditShifu Жыл бұрын
yes
@josequesada1234 Жыл бұрын
Thanks! Love your content. Keep it up
@MichaelMcNeeley Жыл бұрын
Amex Green doesn’t exist, confirmed
@TheCreditShifu Жыл бұрын
lol
@shojus Жыл бұрын
👌
@GOPA90 Жыл бұрын
👍🏽
@nickdavid5902 Жыл бұрын
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 Жыл бұрын
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 🤔🤦🏼♀️🤷🏼🤷🏻♀️💳🧉🏝🥭