Worst Credit Cards in America [2023 Guide]

[@IamSirLocks]

Credit limit increase fee is one of the most outlandish things I've heard of.

[@mathewmclean9128]

Do I feel bad for sharing the personally identifiable information of and doxing the executives of these corrupt credit card companies? Not at all. Thank God for the dark web.

[@MightyMoji]

Fr tho. That’s a scam

[@byl15]

These people should be in jail. Ridiculous.

[@totallymarc]

Yeah, that's just highway robbery at that point

[@CosplayOverlord]

Watch them get sued

[@zzzarkka]

I literally laugh every time someone hands me a “black card” as a server. They’re totally banking off the Amex Black Card name. I’ve had a fellow server say wow this is that famous black card. I told her it wasn’t because it wasn’t Amex.

[@runforrestrun2428]

Same!! At first I thought this was a different version of the Amex black card but then realized it wasn’t related at all 😂

[@mwood562]

As an Amex card holder, I have the platinum and the gold, I laugh at people paying with platinum just to flex. And for skipping 4x points on dining had they pay with gold card

[@IAMCalvinWest]

@@mwood562 some ppl may only have the platinum so they use it for everything just to get some points. Im like you though, I have both gold and platinum.

[@Park_Place]

I call it the Centurion card, sounds cooler

[@carryeveryday910]

@@mwood562Seriously lmao the platinum card benefits are really not that great, not for dining at least and it isn’t like it’s hard to get you really just have to have decent credit and be willing to pay $700 lol

[@Deci_Bella]

Years ago when I had to declare bankruptcy and then had bad credit for a while (it's excellent now), I was receiving offers in the mail for credit cards with exorbitant fees like the ones in this video, and each time l was extremely tempted to send them back a blank application form with a note that said, "You have GOT to be kidding me!" 😄😂😂

[@bhh8005]

With predatory cards you only need to fill inn your signature, they are nice people who will fill in the rest. And you will be accepted. It's: A nice place to visit!

[@Deci_Bella]

@@bhh8005 I would have crossed out everything on the application if I actually did that. But I mean, it's very telling that even when in a relatively desperate situation I categorically would not have agreed to such predatory terms. They are obviously counting on completely financially illiterate people who probably don't think they can do any better.

[@joesegreto1795]

Thank you for the valuable information. It shows just how predatory a lot of these financial institutions are. The MasterCard black and gold cards are pure trash, along with the other ridiculous marketing scam cards you told us about.

[@RichLux713]

The luxury black card is cool because it’s metal and says black card on it it’s a flex for people who don’t know it is a nothing burger but it’s black card marketing

[@L3M0N4D3C4NDY]

In Japan, Amex Platinum's annual fee is 143,000 JPY which translates roughly to 1,100 USD… and that's why I'm keeping my gold card😢

[@SpencerJohnsonOfficial]

There are some criminally bad cards out there. Make sure you do your research before applying!! It's crazy what certain lenders can get away with.

[@FinanceNation]

This is better than Graham's video on worst credit cards! You have so much personality!

[@juanpereira647]

I actually got some add in the mail about that Mastercard Black Card. Had I gotten this a few years back before I watched your channel or knew anything of rewards, I would have thought this card was legit. Keep bringing the content!!

[@g43654]

6:06 I did hear about fingercut. It's painful.

[@jakereilly5901]

Thanks for talking about those awful Mastercard Black cards, was hoping you’d make a video on them. Got a mailer advertisement from them and immediately shredded it and chucked it in the trash after reading. Total gimmick card for people who just want to look like they have a fancy card.

[@flipperbooch2194]

$1100 paid to build your credit. And I considered my $300 security deposit for my discover secured as a $300 cost to build credit…but I got that back.

[@MultiGoodKid]

Years ago I had really bad credit and opened a fingerhut account because it was one of the few places that would accept me. The prices were so bad I never bought anything which ultimately helped my credit since the revolving account was always in good standing. 😅

[@350GTxSiTH]

The way you read that Karat card is the why I liked and subbed. And I was there for it. Great break down

[@johnsfinancetips]

Appreciate the support, when BS like that get released it bothers me so much!!

[@theonlybuster]

I'll never get the metal card fascination. Most of the time you're adding the card to a virtual wallet on your phone and leaving the card home. The few people who physically carry the card around are signifcantly more likely to swipe/tap cards themselves as opposed to handing it to someone else. Really the only reason to want a plastic card is for longevity of the card, but no one should be signing up for a card solely because it's metal.

[@Park_Place]

Yeah, I never understood that either. Who are you gonna flex to, the security camera at Target self-checkout? The server who couldn't give less of a shit what card material the diner has as long as they tip well?

[@nickimillennium]

It’s true. I got the gold card because it’s flashy but I realize that nine times out of 10 I’m using Apple Pay, ordering online and I really go out to eat. The only time end up handing it over is if I stay at a hotel, which is only a few times a year . Otherwise I’m literally only flexing to myself.😂

[@terrylew2209]

This was hilarious for me, when i first saw the article, i automaticlly suspected that LC Collection would be on there and start the vid and Bang, there it is! I was thrilled when i got my pre-qualified offer in the mail but on further review realized it was a no-go lol!

[@Nivek0]

Your channel is the best man!. Always helping regular folks out with your knowledge. Straight and to the point. Keep up the good work!.

[@justen.d.sblackburn6701]

Not all was qualified for chase or capital one or american express

[@Tactical_chicano]

I applied for a American Airlines Citi Bank credit card as a start to get into using credit cards as a tool to pay bills and rack up points for travel.

[@kevincai5491]

Some of the people who apply for those credit cards are desperate. They are in a position where they have to pay those banks to rebuild their credit again. I feel lucky to be the position where I don’t have to use those cards. 🎉🎉🎉

[@Aj-me8mo]

That's their fault for not doing their homework. They can litterally get a Discover secured card and not have to pay any fees. It's very simple

[@HoweyJR_]

@@Aj-me8mowhy do ppl like you keep saying this? Discover don’t just accept anyone they’re a high tier CC Company they’re the best option for rebuild but most who are rebuilding have a horrible score.

[@WhoDeanyUnchained]

This was excellent. I've heard about Karat, but never knew the details.

[@NatesRandomVideo]

LOL. The best cards out there are like the fluffy scum on the top of my septic tank… if you don’t carry a balance. These are the stuff they pump out of the bottom of the septic tank. Such a good laugh.

[@ronnierunit1496]

The best video on youtube ❤ it!

[@mikecumbo7531]

You are funny and hopefully some people got useful information. It’s not difficult to get a basic beginner card today.

[@Otisimo_1985]

You've earned my subscription! I'm learning a lot thank you

[@alexguild]

Excellent presentation! thank you

[@johnsfinancetips]

Happy to help!

[@vincentsgaming]

Suprised you didnt throw in the credit one bank in the list

[@krane15]

That was very enlightening. Thanks for that.

[@AMEX4Life]

Excellent video. Very informative..

[@johnsfinancetips]

What are some of the craziest hidden fees you've seen before?

[@hi.idonotexist]

cash app card 2.50 atm fee + atm owner fee. except with direct deposits over $300, then its free. edit: free atm withdrawals with direct deposits only for the month.

[@simbatortie9684]

Only a dork will apply for these retarded credit cards. LOL!!

[@iamtherealjun]

I don't know if you caught this but when the slide for #1 card shows up, PLATINUM is misspelled..

[@gravewolfwood5747]

Boss, my mother has two of those cards (Fingerhut and Premier). How can I help her get rid of them?

[@JuryDutySummons]

@@gravewolfwood5747 Show her this video?

[@TinkerTailorSoldier1]

I couldn’t see how anything could be worse than #3

[@joer8854]

You can get a secured card to build your credit where you pay a $500 down payment you get back with 10% less interest with no fee. It's crazy to buy a card to use on one site that charges double the price to start and 10% higher interest than a credit building card.

[@Brutushungwell]

If you are a veteran of immediate family member you can look into getting a Navy federal credit card and bank account. Low to no fees. Good deal for someone trying to get credit or repair credit

[@cwill2127]

Credit limit increase fee and monthly maintenance fee FOR A CREDIT CARD makes me feel like the entire bank is a scam

[@ABCEasyas--]

When a credit card interest rate is as high as a payday loan rate (as allowed by law in certain states with a 36% usury cap)

[@srujandesi9]

OMG the thumbnail, are you constipated. 😂

[@LindaDLoweLLivingthelife]

Fingerhut is the old Amazon 😂 I remember them when I was a child.

[@mathewmclean9128]

OMG LOL I was thinking the same thing about those luxury cards.

[@cchamilton1985]

Let's say, hypothetically, someone has some of these terrible cards with zero balances but they are paying the yearly fees, when is the best time to get rid of the card so the closed account won't hurt your credit?

[@johnsfinancetips]

Great questions! So typically as long as it's not your oldest ever card you should be good. If you score still isn't so high take a look at secured and student cards.

[@Mrbg123]

@@johnsfinancetips my oldest card is a secured open sky with a $35 annual fee😫

[@alexrod550]

Awesome Review , Thank you .

[@Fullmetal.Alchemist]

I think I'll just keep getting Credit cards through credit unions. The usual offer comparable and even better rates, as well as generous credit limit increases.

[@jacobguerard2901]

I have a credit card through my local credit union with a 9.9%. That being said I’d like to branch out into AMEX or Chase.

[@Biloxys]

Rates don’t matter don’t carry a balance

[@jacobguerard2901]

@@Biloxys Have you never had unexpected things come up to pay for?

[@Fullmetal.Alchemist]

@@jacobguerard2901 Thankfully some credit unions offer AMEX, like Navy Federal.

[@Biloxys]

@@jacobguerard2901 Yes, then I part ways with the money and pay it off in full. YMMV; If you have things pop up often get a 0% APR intro offer card each year so if anything pops up boom your good.

[@TimothyCaldwell-mt5zc]

premier should have been number 1. They take FOREVER to take your payment after you make it, up to 2 weeks, they then show a late payment on your credit report. THEN.... they take another 2 weeks to take that balance off of your account!!!! This card is 100% garbage and I will be canceling today!

[@jasonkhangle]

Pretty sure the only reason that the premier bankcard is 36.00% interest is military members that are on active duty, all debt must be reduced to a maximum36.00% interest, no matter what it is, while they’re on duty, I think.

[@antman674]

The big red flag with the black card is that it has "BLACK CARD" plastered across the front in the most basic looking font ever 😂 Its so ridiculous. I would say its obvious what they're doing, but people are actually falling for this scam and signing up for this card! Its crazy.

[@erikarussell7354]

I have the premiere card. I don’t like it at all I only got it because I didn’t know better. Would it hurt my credit if I close it I had the account six months.

[@CosplayOverlord]

Close it

[@erikarussell7354]

@@CosplayOverlord 😂 I will 😉

[@HoweyJR_]

@@erikarussell7354did you close it?

[@ryanblankenbeker908]

11:36 😩😩

[@thenewkid191]

I avoid all credit one cards a lot of them have annual fees for no reason

[@TrentonMatthews]

11:22 And I thought Credit One was bad... Boom indeed!

[@egren58]

Sad that I literally had to get all this not use but to increae my credit limit and paid all those fees.. but now i went from 540 to 670. 😢 still working kn it

[@terrylew2209]

Great news that you are improving! Stay with it youll get there! In 2019 my TU was 567. Now my TU Is 789 and my EQ Is 797. Its a long road and requires a lot of discipline but its totally worth it, youlll see

[@Roadtobitcion]

I fell for the fingerhut ! Credit karma recommend it ! Got a watch( fossil ) paid it off and close the account haha credit did go up but nothing happen

[@terrylew2209]

I give Barclays credit for one thing; they have spared no expense in their advertising budget for this LC Collection lol. Sad part is neither the Black or Gold cards justify their existence at those annual fees

[@HappyBeeTV-BeeHappy]

Premier is still around? LOL! I can't believe it! 😆 They did me in back in the 90's with a $500 credit limit. Poor me, I didn't know any better.

[@CosplayOverlord]

John.. would you add Credit One to this list?

[@gutierra]

Love the channel!! can't believe this credit cards hahahaha.

[@chadtarheel]

WORST: borderline criminal 😯

[@maritestaylor8458]

Thank you.

[@yefersonchinol376]

Question might not be the right place but how did I get approved for the Amex platinum and not for the gold ?

[@AdamLyonz]

you should do a " how much youtube paid me for 2022" video !!! love the content !

[@Rkocuh]

I had Uber visa for awhile now than they change to Barcley mastercard.. I want to stop using it it’s old card and benefit sucks now what do I do ?

[@mjfreespirit]

Fingerhut isn't bad when no other company will approve you

[@CosplayOverlord]

10:50 Credit increase fee.. I’d file a lawsuit man.

[@abhisonani6332]

Share this more.....

[@rocksntwigs]

I've seen a %200 interest card with a yearly fee. They sent me the pre-approved sign up form.

[@johnl9135]

This should be illegal period.

[@krane15]

Apparently it is, in New York.

[@scottlemiere2024]

I thought interest rates on credit cards were capped under law at 30%?

[@aaronlee4913]

My credit score is excellent around 835 and my approval for the black card is fair , go figure…..

[@nicholascassidy-fougere8051]

I have the Discover it chrome card & I pay $0 in fees

[@drtiki2827]

I voted for the thumbnail! Lol

[@johnsfinancetips]

Thank you for the vote!! Haha

[@mjfreespirit]

Fingerhut gives you an "installment loan" on your credit report. I'm willing to pay. Besides you don't need to get a friggin MacBook

[@DJSliick]

Lol its wild there is people on this planet that apparently have these cards.

[@Serf_King]

Man, I wish there was a Canadian version of you, Mr. Liang.

[@natelevy1040]

May I interest you in an Oops All Fees card? The annual fee is just your credit limit, with a monthly fee thats 10% of your credit limit, 5% fee to pay your bill. We'll give you a forced credit increase every 6 months with a 200% fee. You can initiate a cancel anytime with a 500% fee.

[@gamingwithaiden9751]

Hi i have a big question you probably won’t see this but what is a good airline card that gives status

[@AlphaShh]

Card 3 just kept getting criminally worse ☠️

[@larsmurdochkalsta8808]

Lmao all the cards in the thumbnail are what experian recommends you if you don't have a credit score yet

[@jomh832]

Credit one charge 4.95 expedite

[@johnsfinancetips]

YIKES!

[@mattdagger1480]

I have a video request. I see almost all vendors offer affirm payments. And the face value it looks like a great option. For example something I saw was $1999 When you click learn more it shows 3,6, and 12 month payment options resulting in 666.66, 333.33, and 166.67 monthly payments respectively and they all show $0 interest. Typically when it looks good to be true so I would love a video on this topic. If that’s actually true how does this affirm stay relevant n business at all?? I’ve never used this service so I’m assuming it’s a scam and would love to know how this works

[@LiamMcBride]

Affirm collects a fee from the merchants that offer their services, so when an item is bought using affirm, affirm takes a percentage off the total sale before giving the rest of it to the merchant. I believe that they can also charge interest and other fees if the balance isn't paid off as agreed.

[@Johnson_Rice]

11:36 Out of context is sus

[@johnsfinancetips]

😂😂 hahahahahah

[@callsean002]

This is the funniest video so far this year 😂

[@marcielynn4886]

I have 2 with 0 balnce.

[@johnsfinancetips]

Feel fee to check out my best card offers here: bit.ly/jftcards

[@FinanceNation]

You can buy an apple card that is metal! Also...but I am an android user

[@joaquinvaldivia]

Hi John !

[@victorbarrera9993]

ITS THAT GUY FROM TIKTOK!

[@johnsfinancetips]

that's me! haha welcome to the channel!!

[@voncookio]

bilt mastercard, black, metal, rebate for rent and pretty.

[@johnsfinancetips]

nailed it. Love the Bilt Mastercard!

[@gplez91]

First Access. The Spirit Airlines of credit cards.

[@johngaracinii8827]

When you say pay in full, do you mean paying the entire amount that you’ve spent in one month or do you mean paying the minimum balance due each month? Sorry just wondering*

[@wendigo6667]

Its the first one.

[@odinswar596]

Fingerhut is a great starter credit card. They are super easy to get.

[@phoenixbythefire4555]

Got the Premire BankCard. Luckily it's my second oldest card. So as soon as i get another No fee card, its gone. Until then, its stored away, autopaying off that silly Monthly Fee.

[@snakepond]

SURGE “PLATINIM” card🤣🤔?

[@chrislemaster2695]

Reflex MasterCard is worse in every way

[@johnsfinancetips]

Thanks for sharing that Chris!

[@JIKI2005]

Bruh what's with all the ads on your videos....

[@fernandoarellano7833]

Orient Stela?

[@ChosenDeezer]

So lets say I have 2 cards, one with a $500 limit and one with a $3000 limit. If I spend spend $250 on each card, do I have 14% credit utilization ($500/$3500) or am I using 50% and

[@williamsemily94]

14%

[@johnsnow-ir9ht]

Both, if you're talking about how it affects your credit score. The 50% util on the first card will pull your score down, even though your overall 14% util is OK but not optimal.

[@curmudgeonextraordinaire1884]

Finger hut is for people that have crap credit.

[@Tristen_Smith]

I have all of these cards lol

[@donotreply8979]

WHY

[@godsuo_1985]

Seek help immediately

[@Tristen_Smith]

@@godsuo_1985 only NoFap can help me

[@mathewmclean9128]

I am all for shutting down the First Access credit card. Who wants to join me in doing a DDOS attack on their website!? Let's overload that predatory credit card company to the point where they have to shut down the card because they can't get any new applicants and people cannot get on to manage their accounts.

[@shojus]

👌

[@Doggieman1111]

These are all a disaster

[@rogeliodavila484]

I couldn’t even watch the whole video. Those credit cards so bad.