NEW Chase Card Rules | Watch This Now

[@AskSebby]

💳 Sebby's Card Picks: www.asksebby.com/credit-cards Patreon survey: forms.gle/8C9bmbUSzSXo6x4d8 RSVP to Stonks demo day: stonks.com/subscribe/demoday

[@WiredDifferent]

Hey Sebby thanks for all the great content. My question is if I spend the $4000 to earn the 80k bonus on the CSP can I when transfer it over to a balance transfer card that’s not a chase card? Thank you if you are able to answer. #asksebby 😁

[@balkatron1]

Sebby, as a former banker my guess is Chase is trying to cull their credit card book and derisk the portfolio. There are possibly a lot of "sock drawer" /bonus hunters who are unprofitable to the bank. Those unused accounts are open credit lines (potential risk) yet don't earn anything beyond the annual fees. There must be a whole lot of these for them to take such action.

[@JacksonianT]

Agree

[@EthanCowlbeck]

Sounds like you have a good gauge on this. I’m a low spender, but by no means inactive on any of my card accounts. Should I be at all worried about this? I’m absolutely strategic with my applications and my categories I spend in, but I don’t churn or sock drawer any of my cards

[@balkatron1]

@@EthanCowlbeck I this this move is to shake out the sock drawer bonus hunters in search of profitable clients. Banks are starting to tighten their belts as many expect a slow down in the economy.

[@ramonsuarez1051]

I would agree with that. I'm just thinking about how much collateral damage this might make with well intensioned people and to what degree it will make it more difficult to get multiple cards. Chase seems to be purposely vague in their wording, leaving it open to interpretation.

[@EthanCowlbeck]

@@ramonsuarez1051 Well-intentioned people is so hard to define though. Technically anyone watching this channel is probably looking for a means to use banks to save more money than they would otherwise. At what point does a customer cost the bank profits, and at what point do they care? Is it at the point they don’t pay interest? Is it at the point where the rewards earned on every swipe exceed the merchant fee? Is it the point that the card isn’t used at all? It’s easy to look at the extremes of people who churn through bonuses and don’t use cards with any regularity, but where do you draw the line up to that? Is anyone truly safe or innocent?

[@Adiscretefirm]

Timing seems odd, CapOne is moving hard into travel cards and just increased portal access. Wells seems to be in a reboot and with a competitive cashback and dining cards it seems logical a travel card will be offered eventually. Why choose now to deter new users.

[@tsumusicman86]

I hope they aren’t headed towards the once in a lifetime bonus like AMEX. I was looking forward to downgrading my CSP and reapplying for the bonus next year.

[@aude5536]

Without the trifecta, I would not take Chase seriously. Being team travel, the CSR and CSP don’t have good enough multipliers to stand on their own when competing against other setups that have trifectas or better solo card multipliers.

[@Bessy2k]

So I had just gotten the csp a few months ago. If I get the freedom flex will I not get the intro bonus?

[@medlord9958]

Hey Sebby, I have CSR and CaptialOne venture X. What do you think about keeping Venture X and downgrading CSR to CSP?

[@aarondarling5301]

I was having trouble following along in the video. Would this potentially lock me out of getting a Sign up bonus on the CSP or even getting the CSP at all if I already have the Freedom Flex and Freedom Unlimited?

[@kaiarevalo2952]

Same here I have CFF and Ink Unlimited Not sure what is considered "in the same reward program"?

[@bryandegante7654]

after watching many videos from ask sebby, i was going to apply for the chase cards and get the trifecta. now that I'm seeing this I have a question... should I still try to go for the trifecta? I just don't want to make a wrong move. thanks

[@williamthesoccerstar]

These changes are truly frustrating to me. Part of the reason I have so many cards is because chase decides to put benefits on separate cards: think how the freedom unlimited has 1.5x while the sapphires only get 1x. Or the hotel cards for when you happen to stay at that hotel. I don’t want to have a card closed because “you’re not using it” because I have a better card to put the spend on.

[@diesel112358]

Oh no. I don't like these new changes/terms. BTW, after 4+ years of running the Trifecta I have finally transfered points out to a partner and booked 2 business class round trip flights West Coast to Europe! What an amazing value. Thanks for all you do!!!

[@mommy2cody6]

That's awesome!!! 👏👏👏👏

[@diesel112358]

@@aeromotive2 😂😂 Just me being extremely reluctant and always going through the portal for bookings.

[@rthilson]

I am watching this at a Hyatt which I transferred from chase and getting 3 cents per point

[@ramonsuarez1051]

You should like those changes because you might become one of the lucky few!

[@robbiegrc]

One data point here. I applied for the csp after the rule change (I was oblivious to it at the time). I previously had a CSR that I downgraded to a freedom unlimited 1.5 years ago (wasn’t traveling much). Now, 50 months after opening the original csr account I was again eligible for the intro bonus, so I applied…. I got the dreaded ‘wait for response in mail.’ Fast forward two days… I watch this video and thought for sure I had just missed out on an opportunity to once again run a trifecta set-up. To my surprise I now see the new csp in my chase app WITH a bonus tracker. Obviously Im happy that it came through, but the immediate response and subsequent news of rule change gave me a scare. Thanks Sebby for all the tremendous content.

[@BrotherRahb]

Question….June 1 and June 7th applied for CFU approved and CFF cards hit the 2/30 rule have both cards when should I apply for the CSP card ?

[@poppy87]

Chase might as well make the broad freedom flex category 1.5 or even 2 points per dollar and phase out the freedom unlimited. More use out of one card.

[@poppy87]

@@lolomissa I would think that having to manage less accounts would save Chase money for the same usage. The Freedom Flex and Freedom U limited only vary based on general usage.

[@EthanCowlbeck]

If they did that, you’d lose the signup bonus and it would be virtually another Citi DC

[@poppy87]

@@EthanCowlbeck it would suck for us for the 2nd signup bonus but be good for chase and the consumer long term.

[@EthanCowlbeck]

@@poppy87 No, I’m saying if they packed that much points-earning ability into one card, that card would not have a welcome offer

[@poppy87]

@@EthanCowlbeck they still want to hook people in to eventually either charge a shitload of interest or get them into a sapphire card. That’s worth 200 bucks for them.

[@nicholascoyle3210]

Mandy is always waving you off. One day you should just ignore her and keep going for an hour long video. #FreeSebby

[@henry6538]

Yeah, it’s called the Yoko Ono effect

[@ScottGenzink]

It's hard for me to imagine they'd actually lock people out from getting the Chase trifecta. Seems like they'd get a lot fewer swipe fees from customers and it's hard for me to understand what the upside would be for them.

[@oscelotgreen]

Dropping the ability to get the trifecta will push people to Citi & Cap1

[@curmudgeonextraordinaire1884]

Well with the Trifecta, how much spend are people actually putting on all the cards. I’m guessing most don’t use the CSP for anything, except when it comes time to actually travel. The CFF and CFU are virtually the same card with a few exceptions. If you were forced to only card, it would get all the use.

[@ramonsuarez1051]

The upside is paying out less rewards. I'm sure they'd love for you to put all your spending on one card so most of your spending gives you only 1x points.

[@grownsimba8120]

@@ramonsuarez1051 it's true that they would be paying out less rewards, but they would also be getting less swipe fees from transactions because people will be using other cards from other Banks. I would genuinely like to see that math behind it. I can't imagine that Chase is so far behind on their earnings Vs what they're paying out to people at their current setup.

[@eddieg28sp]

🤡🤡🤡 I'm never gonna get my Chase QuadFecta!!! Missed out on the Flex... But what about Business cards? Do they still not count for your 5/24???

[@guaparra2]

are these changes official as of now or when do they start? base on that I know if I should apply for another credit card or not now

[@AJ-ch2cg]

Any updates on how this has panned out?

[@Crestacean]

Not sure when the rules start, but I just applied for the CSP in branch yesterday before finding out about this and it was approved for the 80k SUB w/ first annual fee waived. Just got the Chase Freedom Flex at the end of January this year, maybe the trifecta is spared?

[@momane8434]

did you also get the 0% interest rate?

[@Crestacean]

@@momane8434 0% on the CFF but I don't think on my CSP

[@fromnaras]

woah, how did you get the first annual fee waived? i’m being offered 90k points

[@Crestacean]

@@fromnaras Currently if you go to the bank in person and apply with them, their offer waives the first annual fee with 80k points. But it would always good to double check that it's showing up on their end if you decide to do that offer instead. 90k is a great offer too though, would be helpful to know if 10k points >$95

[@AriaMiyamoto]

@@Crestacean it's basically the same as the annual fee if you take cash back and closer to like 1.25x if you were to use the reward portal... my math may be a bit off for the portal

[@EmmanuelMotelin]

Can`t claw back the points if you`ve already used it but then again who opens an account for less than 6 months.

[@thatONElatinoContent]

Can yall confirm im not eligible to apply for CSP since i got the bonus around 2 years ago? i need a card for a big purchase and looking for either 0% apr or a nice bonus.

[@momell7]

Have the CSP, received an offer for Flex. Should I grab it?

[@novelist1985]

I love how they've always maintained it's basically impossible for them to refund UR points once they've been transferred to a partner. You make an error, or something happens where the award you want disappears between when you transfer the points and when they show up.... you're SOL. But now they magically have access to my WOH account to deduct points? Completely bogus. Is there something in WOH T&C that allows third parties to even access my account for things such as this? Not that I'm liable to have this occur to me personally, it's just the principal of it.

[@dugroz]

good point!

[@guaparra2]

i got 3 ink cards and 1 flex on the last 5 months. i want the freedom unlimited and Hyatt personal cards also the ink premier. should i apply for this cards now? and also am i gonna be able to get the bonuses? i use all of my 7 Chase cards at least once or twice per month. I'm not thinking about cancelling any cards

[@YanLuo]

for sustainability perspective, i like once in a lifetime for bonus rule, but one card per rewards system sounds overkill unless they make a card with all the highest bonus multipliers possible then i can forgo the sign up bonuses

[@jeff702]

What’s up with Freedom Q3 rewards categories? I haven’t seen anything about them revealing the categories. It’s June 1st now

[@justinnoel4768]

How do you think this affects when possibly downgrading CSR/CSP to CFU/CFF? Currently holding a CSR+CFU and was thinking of downgrading the CSR to a CFF in my 2nd year. That would suck if the new rule would affect it and you lose a downgrade path if you already have any of the freedom cards.

[@peterk2343]

I wonder if the Chase Plan It option counts as promiotional pricing? Probably, I would guess.. And will Chase give you a message like Amex does when applying for a new card if you are not eligible for promotional rate or bonus? Would suck to burn a hard pull and then not get the offer

[@pantherfinn]

I guess I timed finishing my Chase Trifecta + 1 (WoH) just in time! 🐍

[@normandea]

Too many people are playing the points game to the hilt. Signing up for cards, getting the bonus after minimum spend, and then dropping the cards. Too many channels like this who talk about it, saturating social media with instructions on how to play the game short term. I have no doubt that Chase, Citbank, AMEX, etc are annoyed and are clamping down. Why is this a surprise?

[@choreomaniac]

Agree. The other big change recently of course is inflation and interest rate raises. So now they are giving interest free loans being paid back with less valuable inflated currency when instead they could lend that money out to other banks at a higher interest rate. So more sophisticated users are tying up their money and other risky ones might default and never pay them back. They want people to carry a nice balance and pay 20 percent internet a month. Not zero and bounce. Not crippling and go bankrupt.

[@ancarlson7]

It’s such a small percentage that play the market. Then it’s an even smaller percentage who get outsized value on the points. Most people aren’t very bright when it comes to points and miles or credit cards.

[@choreomaniac]

@@ancarlson7 it’s also a small number of people who open 5 chase accounts in 24 months but they have that rule. It also means the number of people effected is small.

[@ancarlson7]

@@choreomaniac Agreed, but I think that’s more arbitrary to get rid of people who were opening 6+ Alaska cards a year like you used to be able to do with Bank of America. The 5/24 already restricts the credit card churners so I don’t think that’s the reason.

[@choreomaniac]

@@ancarlson7 I’m just saying that sometimes 1/2 of one percent are responsible for say 5 percent of point redemptions without paying interest payments. But they have to be sure that they don’t turn off say 5 percent of people who think they are pro credit users but who actually will pay into the system. If they make a mistake, they can walk it back. And other issuers might follow suit of too many are gaming the system.

[@chromecrescent]

Did this new language replace the "one 1 intro bonus every 24 months" for the United cobranded cards? I got a SUB on a United card in 2018... can I apply now and get another SUB?

[@ashkanm.362]

You usually break down the terms well but I’m honestly just more confused after this video. I see there are other comments on the same page as me. Please do a part two and explain some common questions like does this mean we can’t get a sign up bonus if 48 months has passed for sapphire? Etc

[@MEXICANFTA]

I have the Marriott Bonvoy Amex, but it's my only Amex and I really have no interest in building a relationship with Amex. If I'm under 05/24, can I cancel my Marriott card and still sign up for the Chase one? I know they have a one lane rule, but I don't remember if it allows you to switch. I just know you can't have both.

[@brenisback]

if i couldnt get the chase trifecta (really only 2 of the cards matter imo (flex and saphire)) I'd go for the sapphire bonus, spend it, product change to flex in year 2, and upgrade once i have enough points for redemption.

[@JazzysStyle]

Love my chase credit cards. Thankfully I got all 3 freedom cards before the change. I use them for different things. Never going to close them. And got all 3 welcome offers. 🙏🏽

[@Doctor_DBJ]

I’d chalk these changes up to de-risking due to the expected economic environment. Inactive cards costs banks a significant amount of money. And if you offer a promo, it’s even more expensive. Most partner rewards programs actually aren’t favorable to banks. And in many cases credit card accounts are not profitable for at least several years out into the future. I expect that we will continue to see changes in both marketing strategies and risk management strategies to reduce overall financial and credit exposure across the industry. Love your channel Sebby!

[@00SNIVY00]

It'd be a shame if I can't get the Freedom Flex and the Sapphire Preferred, those are both on my list. I currently have the Freedom Unlimited, though I should've applied for the regular freedom back when I got it :P

[@james-p]

🪳 Ah, I didn't catch that at first - not eligible for another _card_ in the rewards system (At first I thought it was bonus). That would be bad. The whole point of Chase is the Trifecta! Optimize Earning, Transfer Points To Sapphire, Transfer Points Out to Airline (or whatever partner). Yeah, having to pick just one would really suck - I have the Trifecta and it's great. Anyway, final note: Put a high-pass filter on that beast of a microphone, it's making you sound too boomy ;-) (set it no lower than 80Hz.) (and maybe dip somewhere between 125 and 200 Hz. if the high pass doesn't clear things up). Just a suggestion...

[@rj5795]

I don't get why companies like to screw themselves up with new rules that will turn people away.

[@curmudgeonextraordinaire1884]

It will only turn away churners and SUB hunters, two customers Chase doesn’t really want or need.

[@rj5795]

@@curmudgeonextraordinaire1884 that is true. Hopefully they do not implement inactivity rule. But nonetheless luckily I manage i to get the cards I need from chase.

[@betruetoyourself7162]

@@curmudgeonextraordinaire1884 I disagree, if they don’t allow people to have multiple cards from the same rewards system, i guess many would switch to Amex.

[@zorgabluff]

@@betruetoyourself7162 Its most likely based on their existing data As long as these policies reduce negative expected value more than positive expected value they'll be considered a success To some degree, they might not even enforce these uniformly, but rather are just adding the fine print for in the event that they do need to do so for specific outlier customers with significant negative expected value

[@docsays]

Ya its more for the churners & burners

[@sdesilva9552]

Would opening the Amazon Prime Chase card within the last 24 months affect the SUB for the CSP?

[@radtechg9]

Doubt it. Its not within the same rewards program. My chase Amazon pts can't be transferred into my Flex and Sapphire rewards program.

[@FireHax0rd]

Thinking of downgrading my CSR because it is simply not competitive anymore. Would I still be able to open, say, the CSP after 48 months from when I had opened my CSR to get the bonus? Ps still checking everyday to see if the 150k Amex Plat bonus shows up.. Scared of ATMs 🏧

[@junior5893]

I read (not sure if it’s true) that the 48 months begins on the date you received the last bonus. NOT on the day you signed up. You should double check. I also have the CSR but it still fits my lifestyle (use, Lyft, DoorDash, and trains frequently). Lastly as long as the portal keeps the 1.5% value on points in the portal it’s worth it for me.

[@JoseFernandez-wu8pj]

Chase is defenatly losing my business. I was thinking about getting a CSP. Not any more.

[@Raven_623]

Wait so does it means that for someone like me got CFU 2 months ago is not likely to be approved for CSP before the 80k bonus ends?

[@juan14217]

How u reload mine at family dollar??

[@byrongrimsley500]

I'm a new seeking card holder for Chase trifecta I would like to try this but it doesn't look like I will be able to

[@jomardelapena684]

Wow! I was just planning to get the CSP before this month end, but since I got the Freedom Flex 2 months ago, that means I won’t be eligible to get the CSP anymore???? Sad 😢

[@krmendozaa]

I got the CSP with the intention of eventually getting the CSR but the rule about only being able to get one Preferred card came into play not long after I got my CSP. Is there any way I could still get the CSR and a bonus?

[@envye-commerce6613]

Wait 48 months to get the bonus again.

[@krmendozaa]

@@envye-commerce6613 it’s been about 48 months for me. Would I be able to apply for the CSR with the bonus without cancelling my CSP?

[@EthanCowlbeck]

1. Hold the CSP for 48 months 2. Downgrade (don’t cancel) to a freedom branded card 3. Apply again for the CSP 4. Wait a full year with the new CSP 5. Product change the CSP to a CSR You can skip steps 3 and 4 if you want the CSR right away, but you might as well get the CSP’s better welcome offer and stash the points

[@krmendozaa]

@@EthanCowlbeck this is super helpful. Thank you!

[@jDub12369]

If I just got the CSP Three months ago and got the bonus can I get the CSR and still get the bonus for that one too or do I have to wait 48 months because I want both cards?

[@kaioura]

How about if someone wants to upgrade one of their two Chase cards, would it affect them? Asking because I recently received my second Chase card, and I was planning to upgrade my second one (my Freedom Student) to a Freedom Flex once I get to the 1 year mark of owning the card next month. Thank you for the video.

[@EthanCowlbeck]

I doubt they’re going to consider you to be abusing the system if you use the freedom student. I have the CFS as well, and I won’t product change it until I’ve gotten my $20 for each of the 5 years. Product changing not only forgoes the welcome offer of the new card, but you miss out on the $80 you’d be getting by keeping the CFS. After you hit the welcome offer on the Flex, use the CFS for all of the categories the flex doesn’t cover so you’re still keeping the card active

[@GhostyRidez]

When will these terms take place?! Or has it already?!😭

[@XInoAricinNilo]

Does this mean I can't get my csp since I have a CFU?

[@justabrother]

Will this affect the Ink family of cards?

[@ezioaltairac]

I wonder if the AF cards will count paying the annual fee as activity. I don’t feel like using the IHG card when it’s outclassed.

[@ezioaltairac]

It’s a good tip. I typically do that for cards with no AF that I hardly use. I’m just wondering if the hotel cards will start requiring a minimum spend per year.

[@SectionChief]

Annual fees are not counted as activity. Otherwise you would earn points on annual fees also.

[@ezioaltairac]

@@SectionChief for some issuers they are as you receive a statement for that period. In the past Chase has been one of them.

[@YoungMule]

So does any of this apply to the more casual viewers with these cards

[@clifford629]

No. Casuals aren't sock drawer holders or churners.

[@diazmike427]

🤓 very interesting! Thanks, Sebby!

[@jfree791]

I've wondered how they give away all these rooms and flights to people like us who aren't paying cc interest, I assume they either have enough people who are paying int. or in combination with the fee's + int. and interchange fees and also unused rewards they're still coming out ahead. I could see them raising fee's and or devaluing points before these extreme measures.

[@jdotk]

Luckily I already have the chase trifecta. But if I were someone new to credit cards, all the rules that Chase has would really turn me away. I want the WoH card, but I'm at 5/24 until next may.

[@jdotk]

@So Jorn world of hyatt

[@NickL0VIN]

Confused…So for new members, if someone gets a chase flex, MAY NOT be eligible for a CSP?!

[@paulcandle10]

🍽🤔 are there any dinner apps that are still useful in 2022? Seated, Open Table, Resy? I wonder if the Chase Dining has a low ROI & now chase is going after these cuts ✂️

[@v.a.l.5165]

Oh wow... I wish I'd seen this sooner.

[@SuperLOLABC]

I got Freedom Flex in February and got the CSP 2 weeks ago. Will I not be eligible for the 80K SUB under this new rule?? 😵😵

[@oazizpharmd2993]

Check the terms and conditions of your approval. As these are new terms I think you should be safe.

[@remedyhaze4810]

I just got my first chase card (sapphire preferred) this month for the 80k bonus offer. Once I heard the news I called and closed my account. Now have amex gold. Screw chase for baiting people into a trap with this welcome offer then changing the rules right before the end of the bonus offer. HORRIBLE decision from chase.

[@SectionChief]

Sounds like you overreacted. The Chase card you cancelled was a valuable card all by itself for its actual features unless, as you stated, you only got it for the bonus offer, which is exactly why you’re part of the problem.

[@clifford629]

Watch out AMEX has the toughest rules on the street.

[@joshx413]

9:10 whats the trick he mentions about other states?

[@mrdisco99]

Yikes! 😱 I'm actually planning to apply for the CSP this weekend after spending the last couple years working hard to be well behaved enough to get below 5/24... and now they come up with this. I've had the CFF and CFU for years and I just got the CIC a couple months ago. Hopefully I can get the CSP and the bonus without this being an issue. Also, I've had the IHG Select card for years as well (thanks to your plug back then) and have been making use of the free night while pretty much never actually using the card. I guess I should start pulling it out every once in a while or start looking over my shoulder for the bank to cancel it.

[@tacticoolalan368]

The fact they are put vague language makes me believe they are doing more of what Amex requires spend on cards periodically and not just sock drawer them as you implied. I feel it’s trying to dissuade from just going for SUBs/welcome offers. I don’t see how Chase will benefit one lane rules with their own cards. 🇷🇺

[@AGhostInTheMachine]

I just got my second Sapphire preferred card (last one was 4 yrs ago) while currently having the Freedom unlimited card. That would be in the same family of rewards.

[@SpencerJohnsonOfficial]

I am not one to churn credit cards just to game the system, so I’m not worried that this will affect me, however, it is just one other rule to keep in mind that I would rather not worry about.

[@zunedog31]

The United Club card is in a different font because they're speaking in a snooty accent

[@kenlee2923]

Instead of implementing inactive rules they should give better multipliers on those cards or maybe if you spend X amount of dollar every few month you get a free night? Benefits that makes people want to swipe using Chase cards over other cards.

[@chewie94116]

Account inactivity probably refers to not using your card and just paying the annual fee to get the free night because as you and I know, the night is worth more than the annual fee. So, unless you spend 300-500 per year on the card, consider yourself on the cancel list.

[@curmudgeonextraordinaire1884]

Seems to me Chase is looking to encourage customers to use the cards they were issued and jettison the ones who just came for the free lunch.

[@stephenwright133]

That’s the way I interpreted it too.

[@randomsonmymind6919]

Wow I was thinking about canceling the ihg $89 fee card as I already have the $49 discontinued card but maybe not now...

[@andrewschimberg8822]

The $89 (becoming $99) IHG card lets you add points to your free night certificate now so you could realistically use it at any property now as long as you have the extra points to “buy up” - not to mention the $50 United cash it now offers and it still offers tsa/global entry credit too.

[@hanj31]

I guess if you transfer to bonvoy and then to the airline that’s not a chase partner then your points are likely protected.

[@akin242002]

RIP to the Chase Trifecta. It was fun for those heavy Chase users in the 2010s. The only choices now are the Amex Trifecta or a makeshift Capital One Trifecta.

[@chrismorin1047]

🕷I really hope this does not mean Chase card members can no longer get the Chase trifecta. I have been planning to add the CFF to my CSP and CFU, but this language makes me think it might not be possible. Originally, I thought it would be, but maybe I'd have to give up any 0% APR intro offer...which is fine with me because I pay my balances in full each month. I might just go into a branch when I am ready to apply for the CFF.

[@Josh61516]

I think the new IHG premier reward is pretty good ? 3X on everything. 5X on gas dining and travel. If plus $100 statement credit and 10k points if you spend $20k. That’s close to 5X and 7X on purchases ?

[@fearless2214]

Aww I’m disappointed I was getting my credit together to start going up the cc ranks.

[@greentechgiraffe]

* i guess most people are watching this from their phone or tablet ... no emoji shortcuts on my iMac but Ghosts scare me * not sure whats going on as Im just getting into Points and mIles using existing spend. Good video and looking forward to seeing how this is implemented vs the legal stuff added to the contracts. Thanks for the topic

[@arey256]

Hmm why would chase do this? I mean wf is on a reboot, cap1 is moving in hard into travel not to mention all the others trying to find a niche as well. I see a lot of ppl moving to Amex or cap1 if ppl can’t get the trifecta anymore

[@markcerbin5844]

Does this effect business cards.?

[@MarcCrawford01]

👽👽👽 I think Chase is just trying to prevent people who churn cards to get bonuses.

[@tonicz770]

Survey says I need to ask permission from the owner to access the survey

[@shaunalaber16]

That happened to me as well…

[@conquerordie230]

This just makes Capital One more attractive to the novice and average user. Venture X for travel, Savor/SavorOne for Dining, groceries, and entertainment, and Quicksilver for everything else. Their travel portal ain't all that bad either. If they can consistently add lounges across the U.S. and later branch out to some international hubs, C1 is going to be the go-to bank/credit lender.

[@dolcevita8461]

Do the credit cards u just mention have yearly fee's? Highly considering it

[@conquerordie230]

@@dolcevita8461 The Quicksilver and SavorOne have versions that don't have annual fees. The Venture X does have one for $395 but if you travel at least once a year you get a $300 travel credit plus a $100 anniversary bonus so effectively there is no annual fee. Cheers.

[@Michael-ok6pe]

My IHG card has a 0.99 cent transaction every month. No I activity for me lol 😂

[@jaypaladin-havesmartswilll5508]

If it has been a few years please do a video on the Chase Trifecta.

[@lrubio1]

👽 Does this mean you'll no longer be able to reapply for the CSP or CSR to get a bonus every 48 months? 💀

[@Tony36847]

4:31 borrowing isn't income

[@cheddarcheese]

There is a Hyatt Business care?!?!?!

[@BMCHP]

🤦🏻‍♂️I hope this doesn’t make it harder to keep exiting cards

[@PrincessMeganElsaBoo]

Credit union way better! I rather stick with them! 😳😳

[@rowan729]

costco is willing to refund the membership even after using the membership. they stand by their return policies.

[@thechubbypuertorican917]

Just as I am getting ready for chase, this happens , ugh

[@CalbyNg]

Those are some pretty scary changes. Hopefully Chase doesn't actually enforce; unless someone is extremely abusing the system.

[@commonsenvilleusa]

Great video

[@SolidLiquidFox]

Chase wouldn't block people from getting the trifecta. They simply want you to use their cards. I would also consider decreasing huge unused credit lines. 👻

[@BigSidVicious]

Chase sucks! I had 3 chase cards that I used all the time, and paid off each month. I was a day late paying a $15 payment one month and they dropped my limit from $15,000 to $500! When I called in, the representatives I spoke with said they never saw a drop like that for something so minor. I have "sock-drawed" all my chase cards and never ever use them now. My Amex, Citi and Capital One cards increased my limits, so they are my go-to cards now. I avoid chase at all costs now!

[@ling636]

👻 To answer Patreon question: Depends on the value I get. Do i get higher value than what is paid? What would be different from youtube videos? I am not interested in early videos. What is the focused? CC, PF, Travel, etc.

[@thejokerspeaks]

I haven't had a Chase Card in 10 years, but am about to jump on the Ink Premier and Business IHG. Hopefully all remains smooth.

[@TheChewingGroundsPodcast]

🤓🤓 Hi Sebby, would you ever be interested in being a guest of my podcast? I’m a huge fan of your work and the finance genre, would love to dive deep and get my fans into you!

[@lockecole7087]

Not totally surprise since the FED will be hiking up interest rates

[@tyyt2146]

You don’t wanna see people get screwed? Your browser history says otherwise.