Most Underrated Credit Cards in 2020 | Not Everyone Needs a Chase or Amex Trifecta!

[@TripAstute]

What cards do you consider to be underrated? Also, what do you think about my list? 🤓

[@masoompatel11]

I like the US Bank Cash+ card. Any 5% cash back card with no AF is good in my mind especially if you can pick your own categories and spend up to $2000 each quarter. I’m typically trying to earn points , but cash back is nice to cover travel expenses you can’t cover with points such as activities/excursions, food and souvenirs.

[@se7enzee444]

Your list is great. Get the card that suits you, not the cards that everyone is telling you to get. I'm one of the few that didn't get the Amex Gold card because I didn't like the dining credit.

[@gregoryyee9356]

I’ve been waiting for this video! It was a nice way to show love to other cards that are great alternatives for specific categories. What’s more worth it though for C1V- transferring points to partners or using the eraser tool? I’m a little confused!

[@radicalhindu]

The most underrated card in the world is the AMEX Centurion Card. In my opinion its by far the best starter card to exist.

[@tristangirod1855]

I know it’s a chase card but the chase IHG card with 89 dollar annual fee is a great bonus and keeper card me and my wife are both getting it to get a free hotel for 6-8 days in Paris at the end of the year

[@masoompatel11]

The Wells Fargo Propel card is underrated in my opinion. It’s basically a 3% cash back card on lots of popular categories like restaurants, travel, gas and streaming services without an AF. And you get cell phone protection.

[@TripAstute]

Great pick! The Propel is definitely an underrated card. 👍

[@ladygagarocks21]

Just curious is the propel card still metal?

[@buchmanmarek]

Trip Astute you have to be US citizen to get the propel though :(

[@shahx1019]

It needs US citizen or PR for that.

[@catchychazz]

1. Rakuten Card. MR earning bonus and works well with Schwab Platinum or Amex Gold Card. 2. PenFed Powercash. 2% back on non category spend if you have a checking account with them. No foreign transaction fees - makes it better than Citi DC as an international card. 3.US Bank Cash+ 4.Chase Ink Cash 5.Vantage West works on Costco and is a $0 AF 5% Cashback card.

[@TripAstute]

Great recommendations! 👍

[@kevinManhattan]

Awesome video again Honest. Thank you! I totally agree with you on CIC. Which Im hoping will be my next card!

[@TripAstute]

Thanks! Hope you're able to get the CIC too. It's very useful. 👍

[@Brandon-jw5cv]

Ink Cash is a great call. Way better for actual spend than the Preferred, but doesn't have the 80K signup bonus.

[@TripAstute]

Yeah, the Ink Cash is so useful! 🤓

[@HLSpence]

I'm with you on the Chase Business Ink Cash, great card . . . another sleeper card is the Chase AARP Rewards card

[@TripAstute]

Thanks for the tip! I'll have to check out the AARP card. I know I won't qualify, but I do get a lot of retirees that sign up for my card consultations. Might be a good card for them to check out too. 👍

[@HLSpence]

Follow up note . . .you don't have to wait to turn 50 to join AARP . . . I joined in my early 40's

[@Kraden26]

5:12 Also, the Citi Double-Cash recently (Sept 2019) got rid of many of their benefits. No more; car rental insurance, trip cancellation/interruption/delay protection, travel accident insurance, lost baggage protection, price rewind, 90 return protection, roadside assistance dispatch, travel & emergency assistance. Basically it's now just a bare-bones 2% cash back card. Would NOT recommend for travel use.

[@TripAstute]

Good point! Those benefits are definitely valuable, especially for travelers. 👍

[@kkdee9961]

My experience with AMEX is that many smaller vendors do not accept it. I stopped using it when i was in scotland and france in 2019

[@TripAstute]

I agree. It can be difficult to use an Amex card, especially outside of major cities when traveling internationally.

[@Bangpaulxu]

As an expat living in China I can only use venture or chase since AMEX isn’t taken at most places

[@TripAstute]

Good point! Amex acceptance is very limited in Asia. Even in Europe, it seems hit or miss.

[@davidbosshart4448]

Good recommendations. Thank you

[@Frank-Mesen]

I second the US Bank Altitude Reserve, I’m shocked no one really talks about it. I feel like it fills in the gap where Chase cards fall behind (Gas, Costco, Groceries, and everyday purchases) due to the power of mobile wallet.

[@TripAstute]

It's a great card with a very lucrative bonus structure. Though I think it's a hard card to recommend since it seems so difficult to get. Also, I'm a bit skeptical of US Bank in the premium card space -- I'm actually going to address it in an upcoming video. 🤓

[@cemen777]

$400.00 annual fee

[@Frank-Mesen]

Sam $75 effective annual fee makes it worth it.

[@amaslivia6331]

Frank Mesen hi

[@romangabriel007]

I have most the cards in this video. I think the citi double cash is a little overrated since citi took away most of the the benefits. I highly recommend either the sdfcu cash+ or penfed power cash. Both cards have no foreign transaction fees, no minimum redemption, and chip and pin capabilities, and no annual fee and give a flat 2 percent cash back. These are great extra cards to have if you live abroad or need an extra travel card with chip and pin.

[@TripAstute]

Great recommendations! Thanks for sharing. I was thinking of applying for the PenFed card a few years ago, but decided on a different card. It's a strong card to have though! 👍

[@abel.morelos]

I'm thinking about getting the Capital One Venture card next! Just waiting to see if they come out with a new partner after this month. I do have the Amex Gold and Amex Blue Cash Everyday...seeing how I don't predict spending more than the breaking point, I am thinking about cancelling my Amex Gold if there is no retention offer. Did you end up keeping your Amex Gold?

[@TripAstute]

I did cancel my Amex Gold. They offered a retention bonus of 10,000 MR points, but I honestly don't know if I would be able to use the incidental credits this year. It's still a great card, but just not a good fit for me at the moment.

[@averagebloke4474]

What you think about the chase sapphire preferred?

[@TripAstute]

I think it's a great card! I know some people say that it's an overrated card, but I think it can be a more strategic card to get, especially when someone is starting out in points and miles. I did a video a few months back on the topic 😉: kzbin.info/www/bejne/op3OoYOIj7aGiqs

[@olivern4784]

I have enjoyed using my VentureOne card at hotels.com (10x). However, the benefit ends at the end of the month. I doubt I will use it during the rest of 2020.

[@TripAstute]

It's really unfortunate that they are discontinuing the hotels.com promotion! 🙁

[@licorish]

US bank altitude reserve

[@WallStreetIceCream]

can you apply for 1 credit card and 1 charge card through AMEX on the same day? Or will amex reject the application? Also do you know if they pull a soft or hard inquiry if you already have a card with them and account?

[@TripAstute]

I generally don't recommend applying for multiple cards from the same issuer at the same time. I know some people have done it without any issues, but I still think it's risky. From the issuer's perspective, it can't be perceived in a positive way. In terms of soft vs hard inquiries, there doesn't seem to be a hard rule. I've heard examples of both actions. Though I always assume that it will be hard inquiry.

[@orangeVSappel]

I know with Amex they don't do a hard pull if you already have a card with them. I've gotten 3 cards (gold, delta gold, amex everyday) with them after my first one (blue cash), and didn't have any hard pull.

[@Alvin_1914]

US Bank Cash Plus 💪🏾

[@TripAstute]

It's definitely a great card! 👍

[@Alvin_1914]

@@TripAstute I'll always have a spot in my heart for my first.....credit card 😅

[@amaslivia6331]

Alvin Samuels hi

[@mengchou5025]

Wells Fargo Propel. Penfed Power Cash Rewards.

[@TripAstute]

Great picks! 👍

[@Johnnydazguy]

The Khardashian Kard- a true collector's item at this point!

[@TripAstute]

😂😂

[@kevindavis8762]

Bruh, US Bank Altitude Reserve over the Costco card all day (now that Costco accepts contactless).

[@TripAstute]

Yeah, the Altitude Reserve's mobile payments category is great. Though I wonder if they'll keep the category in the future, especially with mobile payments becoming more common nowadays.

[@se7enzee444]

If you don't have a bank account with US Bank and can do direct deposit, you can earn $400 bonus for opening a checking and savings accounts. They will more likely approve your credit application if you have a bank account with them. If you want more info about the bank bonus, check out doctorofcredit's site: www.doctorofcredit.com/best-bank-account-bonuses/#US_Bank_200_Checking_Bonus

[@TripAstute]

Thanks for the info! 👍

[@Madden-Frangrance-Champ]

Why everybody that shows how to get credit cards never explain, the credit score requirement

[@TripAstute]

I've actually been working on a video on credit scores needed for popular cards. The confusing thing is that it's still very subjective (i.e., there are many factors that are considered when an issuer looks to approve you for credit). I know folks with 780+ scores that still get rejected because of other credit factors! 😬

[@yankeesgiants221]

@@TripAstute I 100% agree: I've had the Venture for 9 years, which I got a year after college for my 2nd card. Lots of data points show that people with 800 credit scores getting denied for the Venture because they "don't carry a balance" as 1 reason. I guess once we are deep into our credit card journey, the Venture isn't for us 😣. Guess I'm glad I got it early

[@hands6292]

We use Amex in Sri Lanka as well. Can you do a video on Amex again?

[@TripAstute]

I'll definitely consider it. Is there a specific topic for Amex that you want me to cover?

[@hands6292]

@@TripAstute Thank you very much for your reply, can do do a video on Amex points and cashback?

[@amherst2013]

Citi DC and Citi Dividend

[@TripAstute]

Yeah, it's too bad that the Citi Dividend is only available with a product change. It's a great rotating bonus card!

[@amherst2013]

@@TripAstute I agree Ernest.

[@amherst2013]

@@TripAstute any data point for product change in 2019?

[@jorgeacevedo7934]

Merry New Year!

[@TripAstute]

Thanks, Jorge. Hope you had a happy New Year too! 😊

[@xylliiiking]

Trip thats a lot of cards

[@TripAstute]

Yeah, I do have a quite a bit, but it's nowhere near as much as others in this space. There are several KZbinrs with 50+ cards. 😮

[@entertainment72]

Chase is so overrated, you have to wait so much longer than Capital One to get rewards.

[@kevinManhattan]

First!

[@TripAstute]

Well done! 👏