The 5 Card Foundation for Building Your Credit History

[@AskSebby]

We just launched a new food channel called Hungry Sebby! kzbin.info/door/6oaph4BOvmYco8yV8-S-gQ

[@farfouroune]

Hey Sebby can you please make a video about credit repair agencies. I really need to understand the benefit of using them to rebuild my credit and how it impacts my credit history. Thanks

[@hornets06]

farfouroune if you haven’t gone to college and haven’t taken out student loans, I would look into it. I went to go school because my work was paying for it and then I took out student loans to pay off my credit cards and essentially consolidated them at a much lower interest rate. I was then able to attack the debt much easier. Keeping in mind that student loans are with you forever, meaning you can’t declare bankruptcy on it (normally).

[@urieluribe3490]

Why do you have two discover it cards I don't understand how that is good since you also have the freedom?

[@AskSebby]

Secured cards: www.asksebby.com/blog/comparing-secured-credit-cards-from-major-issuers How to get approved for your first Chase card: www.asksebby.com/blog/how-to-get-approved-for-your-first-chase-credit-card Best gas cards: www.asksebby.com/blog/best-gas-credit-cards-of-2017-top-5-fuel-cards Grocery cards: www.asksebby.com/blog/the-best-credit-card-for-groceries-american-express-everyday-vs-blue-cash-everyday

[@micahroe388]

I am up to 4 cards, USAA AMEX, Cap1 Platinum, Cap1 QS1, and just got Chase Freedom Unlimited. Was always taught credit cards were terrible. Glad I found your channel. Also, for any military (AD, guard, retired, or seperated) out there, use your SCRA benefits. I know AMEX, Cap1, and Chase will wave their annual fees on all of their cards through SCRA. Another benefit of the SCRA is no late fees, and a 4% APR. I am pretty new to all of this and currently rebuilding my wife's and my credit. Thanks for all of the info!

[@dhirusain]

My 5 cards: Discover (Secure), Chase Freedom, Citi Diamond (Secure), Cap One (Secure), BOA travel rewards. The first card was opened in Nov 2017.

[@SpecialEDy]

I started with a 580 score 7 months ago, and got a Capital One Secured with a $200 limit. They bumped it up to $500 2 months ago. This week I received a Chase Freedom Unlimited with a $1000 limit. My score is at 660 now. What should I go for next and how soon? Credit Karma's top suggestions for me in order are low number of accounts, lack of history, and low total available credit.

[@Drak976]

He has a video about that that I haven't seen yet but I think 5 cards per 24 months or some such? Maybe one with different rewards categories then your Chase Freedom one? Some people on reddit for some reason like to get 3 different chase cards as their "trifecta" they all talk about I'm not sure why though I'm too new to the credit game with my little babby card in the mail lol.

[@JosephWheeler14]

Special EDy it depends on your expenses and what your goals are. If you want to travel I would say wait until your score is at least 700 and go for the sapphire preferred. But if you want the most cash back you could go for the citi double cash to cover the categories the freedom doesn’t.

[@wavy2k]

Keep grinding !! I say wait a year before going for another card. In a few months see if you can get your secured “unsecured”

[@bobedaone]

I had a two-card foundation until somewhat recently. (I don’t count my original student card, which I still have but don’t use.) The original two were Amex BCP and Chase Freedom (I got the Freedom with a Chase checking account). They served me well for several years with no new applications until CSR in Fall 2016 (100k bonus). That’s the card that got me more into cards. Decided I don’t like the rotating categories for Freedom, so I changed that to FU. Newest card is United MPE, currently hitting minimum spend. Next one will be IHG. I think a good base in a general sense is: 1. A cashback card for necessities like gas and groceries, such as Blue Cash Preferred.2. A card for non-categorized spend that earns better than 1%. Citi Double Cash or Chase FU depending on your goals. 3. A travel card with no FX and transfer partners, like CSR, CSP. 4. A hotel keeper card like IHG or Hyatt5. (Higher level game) A perks card like Amex Platinum, Hilton Aspire, etc.

[@CrystalK.]

New subscriber. Your videos on credit are so informative. I wish that I would have found you sooner!

[@sfmotohype8011]

Hello Sebastian, I recently got into the credit card world. Last year during the month of November I had a credit score of 648 and only one credit card!(Capital One). After watching some of your informative videos, I decided to apply for Chase Freedom unlimited and Discover in January of 2018, now my credit score is 751 and next month I’m thinking about signing up for Chase Freedom and Chase Reserve. Thanks for all your info! :)

[@AskSebby]

If you want to talk strategy post 5/24: www.asksebby.com/free-card-consultation/

[@rikkicalla282]

Right before I started applying for cards, I was an AU on my dad’s blue cash everyday card, capital one quicksilver, & capital one platinum. I was also an AU on my mom’s Citi thank you preferred (she recently product-changed to the double cash card). Soon after, I applied for a capital one secured card & got a $200cl w/ refundable deposit. I then applied for a secured Discover it card & got a $300cl w/ deposit. A few months past and I applied for the capital one journey card because I was a student then and got my first unsecured card w/ $500cl. My credit score during those years fluctuated between high 500s to low 600s as I had very high utilization, although I never missed a payment. Fast forward to 4 years and I now have better income and started to be more financially responsible. My secured cap 1 is now a platinum MasterCard w/ $750cl. My secured Discover is now an unsecured $500cl, & my cap 1 journey has a 1k cl. My credit score has been slowly but steadily increasing and currently at 675. I recently applied online for my 4th card: the Chase Sapphire Reserve w/ no prior relationship with them and got instantly approved for 10.5k cl. Annual income @105k & monthly rent @$2525 (They’ll ask you for these and may require proof). Since I just got my CSR card, I’m gonna wait a few months when my score reaches 700s then apply for my 5th card maybe an Amex or a chase freedom to supplement my CSR. Good luck to all, and you’re on a good path just by being here and watching these helpful videos!

[@Skandha_]

I knew nothing about how credit cards worked back when I started, just basic stuff like credit utilization. So I had the Amex Everyday and the BofA Cash Rewards card for about a year and a half, then picked up the Hilton Surpass and CSP before actually looking into maximizing value. I didn't know about 5/24 until it was too late. So I decided to just keep going and getting the keeper cards I wanted. I'm at 17 credit cards now and don't have the Freedom or Unlimited. Will downgrade the CSP to a freedom at some point. If I were to redo, I'd get the Discover IT first, then an Amex Blue cash, followed by Freedom and Marriott. Then a CSP to top it off and downgrade it to an Unlimited.

[@Ayfi324]

It would be helpful if every time you mention a card that you've done a video on you post an annotation that links to that video. Thanks for all the help!

[@Bad4Good2]

The secured discover it card is good because you also receive 2% back on restaurant and gas purchases and 1% on everything else

[@TheSeminole]

You can even call and ask to switch your secured card to the 5% categories and maximize with the cash back bonus on the secured as well. After the first billing cycle but still good to know and is what I did

[@TechYourBrain]

My five cards I started out with was a authorized user of my mom when I was 15 then When I turned 18 I got the Wells Fargo College Card. After two years I got the AMEX PRG and Discover It. This year I got the Chase Freedom and that completes my base.

[@bobathings]

You should make a podcast, very convenient

[@ignacionr]

Tashi Dolma as long as he doesn’t drop the YT channel. We the lazy people have given up on setting up podcast feeds.

[@bobathings]

Ignacio Nicolás Rodríguez just a suggestion, mainly for the people on the go, wanting to learn some new things or be updated in their tight schedule. Also be very helpful for him, as it can reach a wider range of audience. All he really needs is the audio of his video, h3podcast does that. That’s just one way ☺️

[@ignacionr]

Tashi Dolma yes I understand. But Sebastian likes to show some charts at times, so audio only wouldn’t make it for me -am I also getting so used to videos that I don’t trust someone I don’t see as? “Video killed the radio star” kind of thing. Additionally, I’m using KZbin Red so I actually download some videos for the plane (roads have good 4G nowadays even here in Thailand).

[@ignacionr]

TheEntreprize you know your stuff. Good bridge for our friend Tashi!

[@bobathings]

TheEntreprize just a suggestion for convenience and that doesn’t seem convenient if I was underground and wanna listen to some quick podcasts, but thanks anyways !

[@xxflipchick22xx]

Your videos are very helpful! One suggestion though, for visual learners like me, it would help if you write down text on the video when you mention a certain card. For example: 1. Discover 2. Chase 3. AMEX That would really help! Thank you.

[@daroldhunter]

Cap 1 Quicksilver, oldest card, Discover it, Uber Visa, JetBlue Plus and Chase Sapphire Preferred.

[@thewhamji]

i signed up for the chase freedom card, AND WAS APPROVED :) and yes, I clicked through your link ;) Thanks for all the good advice.

[@njpme]

Started with Capital One Journey Student in 2014, then upgraded to CO quicksilver. 2017 Amex PRG, 2018 Amex Platinum.

[@sh0rt3231]

I have 4 cards: a trash BofA card, a Capital One Journey student card, the Discover IT, and the Amex Everyday card as my foundation. My Experian FICO score through Amex is 717, and my TU FICO score through BofA and Capital One is 730, all in about 9 total months of playing the credit card game. Although, I got the Amex Everyday card only after getting rejected for the Chase Freedom; that way I at least start building points with Amex while I wait for my credit to age more to get started with Chase.

[@SanchezS1998]

I got preapproved for the Discover It non-Secured, non-Student as my first credit card today! No credit history and Sub-$20k annual income.

[@wilfredoconcepcion2386]

Thanks for the advice Sebby! Going to start out with a Discover IT Secured then follow the process from the video until I reach my 4th and 5th card in the future and decide where to go from there. As a new college student who just turned 18 recently, I'm really grateful to have stumbled upon this video and your channel thanks to procrastinating on homework. Instant sub!

[@minjonjones8548]

A month ago I had two cards and didn't want any more! I paid off my oldest card (13 years) and almost closed it - thank GOD I ran into your channel. I now have Chase Freedom, Capital One Quicksilver, Citi Double Cash, and Discover it (I don't travel). I have to slow it down because I'm shopping for a home loan. I'm still learning how to play the game with earning rewards and cash back. One question I can't find the answer to is: When is the best time to make NEW charges? I think it's between the closing date and the due date, but I'm not sure.

[@AskSebby]

a) Make sure to stop apps 6-12 months before shopping for a home loan. b) Probably after the previous statement/closing date.

[@minjonjones8548]

Got it! Thank you. By the way, my score went from 700 (not caring, not trying, not informed) to 780 in 2 months after finding your channel. I no longer carry a balance on any of my cards, I only charge what I can pay back before the statement closing date, I keep my utilization no higher than 2%, and use my cards based on which one gives me the best reward. I created an Excel spreadsheet (which I uploaded to my phone) to keep track of the whole kit and kaboodle while I'm away from home. You've changed my life!!

[@outdoorsnevada4138]

I have 4 cards. 1 medical credit card and 3 regular. I like having lower balance cards in case 1 gets stolen. $10000 on 4 cards as opposed to cards with higher limits. I pay them off every month and have a good score so I can get a house next year.

[@paoloalfante3801]

For years I started with 2 cards: Discover (which later became Discover It) and Capitol One Quicksilver. My buddy introduced me to the points and mile game 3 months ago. My new foundation is Chase Sapphire Reserve and AMEX PRG. My next two cards will be Chase Freedom Unlimited and Ink Business Cash. My last card to complete 5/24 I haven't quite narrowed it down, but I think it was be a Chase hotel card.

[@akin242002]

Discover It and Chase Amazon (Non-prime) are good starter cards. Add BOA cash rewards when all you are doing is driving to/from work and grocery shopping.

[@JonathanMahadeo]

I's starting my five card base after holding a BofA card for about 12 years. I decided to product change to the BofA cash back card because why not and I had assets at the bank that pushed its rewards beyond 3%. I then applied for and got the Citi Double Cash and the Wels Fargo Propel. I'm going to keep these cards for about a year or two and then apply for the Chase Freedom and possibly the sapphire. From there I'll see about a Chase Tri-fecta or breaking to AMEX for a long game run.

[@ignacionr]

My experience with CapitalOne secured card was really great. Always recommend it. Started off with a 200 deposit for a 351 line that in 6 mo turned into 651, and only 2 more months got a normal 1.5% cash back with 1000. All cards no foreign fees, which is a deal maker for me.

[@ericwilliams398]

Great videos you do here Sebby, very informative. I have learned much of what you teach the hard way, after racking up massive debt in my 30’s and nearly ending it all. Things are finally better now almost a decade later, went from a 462 score to having a new car, mortgage, and 3 cards in 18 months. I think you have talked about the elusive 850 score, I just want to say for someone starting out, forget about that, 760 or so is plenty good, and you will be lucky to ever achieve 810+. For the young people out there, or the ones who messed up real bad like me, the length of accounts takes time, and is beyond your control. Never, ever toss your oldest card. Everything else, mainly low balances & not missing payments, is very easy yet so important! Pay those utility bills and CC minimums, ALWAYS!

[@ericwilliams398]

Just to add, should you ever screw up big like a bankruptcy, and get all your cards taken away, get a secured card ASAP to have that higher age of accounts down the line. I lived off cash for a while, took me 2 years just to get a bank account, but had I known about secured cards I would have applied much earlier. Thankfully, age of accounts doesn’t matter too much, I have 700 now with 45% utilization, and my oldest card is 3.5 years. So as I stated, 760+ is very easy to achieve within 3-4 years, as long as there are zero negatives such as collections on your report

[@ericsrisavaththay2503]

Amex Platinum, Gold, Green, and Amex Everyday Preferred!

[@chocmilk10]

Starting out with Discover it, Amex BCE, and Cap One Quicksilver ( should have got citi double cash instead ). Traveling in the future so next will be Chase Freedom and an eventual PC into CSP.

[@paranormaltester2036]

Ok my card credit rebuilding was, Capital one Platinum, Discover secured card. Then got upgraded to Quick silver and Discover it. Then I got Amex Cash Magnet. I think they change their name to just cash. 1.5%. Still have those.

[@nooodisaster]

"when you are my age" Wait, how old are you?? You look like 25 lol.

[@luxurybuzz3681]

Asians age differently

[@acidgolem2132]

@@luxurybuzz3681 it's not that different I'm Asian and he look like he's in his late 20s or early 30s

[@peterraklevsky5129]

I would rather build something like 1) Capital 1 Secured --> 2) Freedom / Freedom Unlimited 3) CSP or Chase Sapphire Classic (without AF) 4) AmEx Hilton HHonors (without AF) 5) Additional Freedom or Freedom Unlimited. / or AmEx Gold (first year - no AF, second - $195). First, one C1 Secured gives access to build the credit with at least $50. Yes, it's dead collateral, since you won't be able to upgrade it further, but it makes sense more. With having Freedom it's pretty much great card for everything, especially during Q1 2018 - it has Apple Pay/Samsung Pay, which means each physical transaction generates 5% cashback. I believe, next quarter Q2- will be grocery stores so it would generate insanely great amount of cashback/points. CSP - not required any additional words. Another thing to consider - it could be a wiser idea for somebody to get, for instance, a chase Freedom Unlimited while having Freedom and upgrade FU to Chase Sapphire Classic (it still exists but only available for current Chase member during upgrade or convert). AmEx Hilton has a nice signup bonus (travelling requires not only tickets, but a place to rest as well). It could be a wise idea to get AmEx gold as well to convert AmEx point to Hilton Points - redemption rate is nice - 1 by 2. IMHO - Discover is great, but Chase & AmEx have way more to offer, especially when combining Chase points for travel partners thru Saphire and using AmEx point for Hilton Hotels.

[@johngause2263]

Peter Raklevsky my capital one secured was upgraded to capital one Quicksilver one no annual fee. Refunded my 49$ 10mo of history. second of my two secured cap 1.

[@absolutelyalison]

I got my first card ever about seven months ago, the Discover IT student card. Since then, I’ve added the Chase Freedom, AMEX BCE, Capital One Journey for students, Citi ThankYou Preferred for students, and BOA CashRewards for students, in that order. I also recently got approved for a weird no annual fee card called the Deserve edu card, only because it pays for one year of amazon prime for students and has no fee. I’m obviously going for more than a 5 card base. I’m 20, I’m a student, and I want to age as may no annual fee cards with me as possible. Most of my cards get cash back or points, and I’ve managed to meet minimum spend on all of them for the welcome bonuses (if applicable) by staggering applications. No more chase cards for me for about 2 years, but my base is seven cards strong after seven months of having a credit history. I’m excited to see how my AAA ages with me and affects my score in the future! I knew nothing about credit before Sebby, and my score is above 700 for all bureaus. I’m so grateful for this information.

[@AskSebby]

Glad to help :)

[@gaudycouturist4856]

Be careful

[@ryankanno2562]

Currently using the Chase setup. CSR, Freedom, Freedom Unlimited, World of Hyatt

[@deathward990]

I currently have 3 cards : Citi Thankyou Preferred, Chase Freedom Unlimited, Amex Blue Cash Preferred. My next 2 will be Chase Sapphire Preferred and Amex Gold Card or some hotel card....

[@thekillerirish]

i started with the capital one secured platinum master card got it un-secured and product changed to a quicksilver, i have the wells Fargo platinum (why was i stupid and got a card with no rewards that i cant ditch without hurting my AAOA?) then i get amex bce, capital one venture one, amex gold card(not really a base card but i think its a keeper and i couldn't turn down the targeted offer), discover it cashback, and an amex everyday is in the mail as we speak. :)

[@dude2008able]

My 5 card base would definitely be the BOA Cash Reward, Chase Hyatt, Discover It Card, Chase Freedom, and maybe one $95 annual fee card, depending on my needs during that time haha! I’m 9 credit cards deep now, so no turning back xD

[@kerryh2096]

Off your videos over this semester I started with the Discover It Chrome secured card. Can’t wait to build a 5-card base, hoping by fall semester maybe January I’ll be able to graduate with the discover 🙌🏾

[@themortgageminute6382]

I am 24 and here are my Five (not the best choices but you asked ;) 1) Capital one Quicksilver 2) Capital One Platinum 3) Milestone gold (one of my first accounts, I have not used since 2015 lo!!!) 4) DIscover card 5) Fingerhut (one of my first accounts, I have not used since 2015 lo!!!)

[@AskSebby]

Make sure to use #3 and #5 every 4-6 months to keep them active. Some places will close your cards after 6 months... others will never close it but I'd hate for you to lose such an old card.

[@macdonaldgrazette1897]

TD bank,AMEX gold,CapOne Quicksilver,Citi preferred and Citi Diamond

[@angelomanzi9272]

Hi Sebby, I've been binge watching alot of your videos today. I just recently came to the realization that it would be so useful if i had more than one credit card. I am 27 yo, and I've had the same credit card for 3 years now (Visa Signature Prime rewards Card by CHASE). Only reason i waited until the age of 24 to get my first credit card is my mother has extremely bad credit. I told myself that i would never put myself in a compromising position, so i have always been hesitant about having an abundance of credit. I'm just now realizing how important it is, and how behind I am compared to everyone else. No idea what my credit score is, but one thing i can say is I've been on time with all my payments for the past 3 years. I have literally never missed a single payment, and I know for a fact that I'm ready for my second credit card. In general, it's obvious i need to spend ALOT more time on your videos because I'm so clueless when it comes to so many things involving finances. That being said, can you please recommend me a second credit card? Based on the information I've gathered from a few of your videos, the Citi Double Cash Card OR Chase Freedom card would be a great second card. Do you agree or disagree with this statement? If you disagree, can you kindly point me in the right direction? Sorry If my comment is a bother in any way, I just feel like i shouldn't jump the gun without first consulting with someone.

[@AskSebby]

Fill out a free consultation form: www.asksebby.com/free-card-consultation

[@FATL0L0]

That’s kool being a member of AmEx B4 you where born 👍🏽

[@johnwalbolt]

Well the first is definitely whatever gets your credit going. After that I would get no annual fee cards that you won't need to close, or cards that can downgrade to no annual fee cards. Freedom, Freedom Unlimited, Sapphire Preferred/Reserve, and then maybe a Discover It card?

[@AskSebby]

That would be my play too. I think post-5/24 gets a bit more interesting. If you ever want to talk strategy: www.asksebby.com/free-card-consultation/

[@OrieMcIntosh]

When I actually started going for cards to build it was Citi DC, AMEX BCE, AMEX Hilton, Discover Secured and Chase FU. Prior to all this, I had a capital one secured (which may never graduate), an AMEX PRG (that I closed because I have one from Canada and wasn’t able to maximize the value of both) and a Chase Freedom.

[@tsmith20098]

Sebby do a video on what's cards you started out with to build your credit

[@DonSantana730]

I currently have 2 cards. FAIRWINDS credit card (unsecured), Citi double cash, I’m planning for my next card to be chase freedom

[@roberttaylor8906]

If I had to start again...chase freedom, discover it, nusenda platinum cash rewards, vantage west connect regards (I think the latter two may be a bit restrictive if you have too many cards so probably best to nab them early on), and I guess sapphire preferred for #5: since no AF in year 1, get it for the sign up bonus. You can always downgrade it to the freedom unlimited in year 2 if you're not gonna travel soon, then later, once you are traveling, open another CSP and get the sign up bonus again. If you sit on those points, that's 100k UR points plus whatever you earn on the freedoms in that time. Is the chase 2 years between bonuses thing apply to 2 years between account openings, or does the product change/account closing reset the clock? I'd also consider the us bank cash+ as a sub for one of the 5, or as a 6th.

[@brodeebell7002]

1) Discover IT 2) Local credit union card (unlimited 1.5% cash back) 3) Chase Freedom 4) Saphire Preferred 5) US Bank Cash+

[@Jo.Raquel]

I have Discover Secured but was denied for Capital One before even though I am glad they did. I love discover too much. I don't want too many cc's but I will be applying to Citi then Nordstrom maybe Barneys, and Zgallerie later. I've realized many store cards have higher fees (apr) I did read on clarkhoward maybe a traveling card or hotel can have some benefits. I'll be researching soon.

[@AskSebby]

If you want to talk strategy moving forward: www.asksebby.com/free-card-consultation/

[@dianavega8999]

Please Can you help me !!! I got the bankamericard secured card and would like to know if I can make a product change to the cash rewards of BOA? because I would like to win rewards. Do you think I can do it even knowing that the card is secured?

[@ItsWillTalk]

Sebby I am 40 yes I'll and just getting serious about my credit. Never was taught about this stuff. I had horrible credit. Still do, but it's better than it was. I am at 587. But I started in low 400's. I have 3 secured CCs (capital one 700 limit, and first Premier 200 limit), and 3 credit accounts(Fingerhut, jewelry store, and a furniture store). How Can I start a 5 card base? My goals are to travel, everyday use.

[@moneymonarch8102]

my 5 base is discover it card, capital one quicksilver, citi double cash, us bank cash+, and amex blue cash everyday

[@TQDigitalMod]

my five Chase Freedom CHase Freedom unlimited Amazon Prime card(membership req one) Costco card through citi Amex Blue everyday? w/e the costco card was converted to... haven't touched this card in years, been to lazy to request a new one as they failed to get it to me(they notified me it was RTS"d... I updated my info and never went further) ... also my oldest line of credit so I do not want to ever cancel it Current annual fees: maintain costco membership(pays for itself in bottled water and gas), I have prime through amazon household so its free for me... would likely pay a good chunk of its cost in cash back alone trying to figure out a good travel card or other cash back cards

[@vc1145]

I started with Capital One Platinum Card > Student loan/Car loan > Chase Sapphire Preferred > Chase Sapphire Reserve at 810 Credit Score. I'm thinking about getting the Freedom card.

[@AskSebby]

www.asksebby.com/free-card-consultation/

[@snipesentertainment9037]

since I applied randomly my base 5 are discover it, chase unlimited freedom, uber master card, amex blue cash everday, paypal master card. I want to get rid of the amazon and ashley store cards. They are only listed for account history and paid off.

[@8angeliale]

Hi! Great videos! I just have one question for you...I raised my credit from 502 to 577 in 2 months, I pay my credit card off in full (as I'm now more financially responsible 😎). When should I apply for another card or should I? I was thinking about applying for one through my bank....I just don't want to drop my score for another inquiry. The one I have is secured.

[@AskSebby]

Get your score up to 700+ first: www.asksebby.com/blog/how-to-increase-your-credit-score-by-pre-paying-your-credit-cards

[@D.Anderson]

Angelia Extine or You can apply for the Capital One Platinum MasterCard unsecured. I have Wells Fargo Platinum Visa, Usbank platinum Visa&Usbank credit plus visa signature cash back card. Try for the Capital One its a good card.

[@nikitab6350]

Hey Ashton I love your stuff man! So glad to that you're posting these videos to educate us on how to milk the credit system! Did I hear you correctly when you said that it's possible to have two Chase Freedom cards? I currently have the Sapphire and want to apply for the Freedom card; need to make sure that Chase will permit me to downgrade my Sapphire to a second Freedom card later on in the game.

[@Wa0288]

Bank of America cash rewards, Amex blue cash preferred, Amex PRG, Amex Business Platinum, Best Buy VISA

[@daejonmoody3304]

So far I have the Discover it, and the Chase freedom Unlimited. I wonder what my next card will be I’m thinking the double citi cash or Chase Freedom

[@gregoryyee9356]

That awkward moment when you hear him reveal card #5 and realize you were rejected so you can't build your foundation. Guess I'm building a sand castle instead.

[@UniqueTattianna]

Question my credit is good and I definitely want it to be excellent so I can move out this that. Currently I have 3 and I want for but I just applied for a card. What’s your thoughts on that?

[@SilverFan21k]

Sebby, will you please make a video on purely installment loans? Aka a great credit union savings secured loan credit builder? I think there is a lack of information on this on youtube. Aka a good credit mix of 1 installment account for every 3-5 revolving account tradelines.

[@maa4747]

Thank You Sebby!!! I will take your advice!

[@pimp0613]

My credit score is currently at 713 with 3 recent credit cards (Capital One Platinum, Chase Freedom Unlimited, Chase Freedom) and 1 ancient authorized user (Amex) and my next most logical choice should be the CSR, but I don’t know what score I should hit before considering applying. Also, since I’m only at 3/24, I was thinking of getting one more keeper card before ultimately applying for the CSR. Should I focus on a Citi DC, Amex BCE, a keeper reward card, or a keeper hotel night card? Thanks!

[@AskSebby]

Don't touch non-5/24 cards: www.asksebby.com/free-card-consultation/

[@TheRibottoStudios]

I just jumped head first into the world of credit with the Capital One Platinum card-should arrive in a few days. Afterward I'm debating on either a travel airlines card like United or Delta, or the SPG card, or the Venture card, but that's only after I get my new car-I've heard getting a new credit card before a new car is a no no. Plus I wanna build my credit with this card first.

[@AskSebby]

Focus on 5/24 cards before anything else: www.asksebby.com/free-card-consultation/

[@JoshBautista]

Thanks for another great video Seb! This is more or less how I had planned to build my starter cards as well. Quick question though, you mentioned you would recommend upgrading the Chase Freedom to a CSR if you wanted to travel.. but wouldn’t that make me ineligible for the sign up bonus for the CSR? Thanks again.

[@AskSebby]

Assuming you already got the CSP bonus due to the One Sapphire Rule. In most cases, grab the CSP/CSR bonus first.

[@stonecoldsigma]

I'm just starting out. I have the Discover It secured, BOA Cash rewards secured, and a Capital one platinum. Hopefully by next year, I'll be able to get a Chase Freedom.

[@copinghagen8508]

Derek Emanuelle I got approved for the chase freedom in 5 months. If you keep your utilization low, you should be able to get approved sooner too

[@PS-lm3tp]

Justyn Hagen what was your score? Im at 6 months with a 697 score and dont know if I should wait another couple of months or just apply

[@copinghagen8508]

Javier De Michoacan I was at 670 when I got approved. 🤷🏻‍♂️ if you want to wait a bit longer, it doesn’t hurt but I’d do something to improve your credit score in the meantime like lower your utilization

[@avo9029]

Derek Emanuelle you got all 3 at the same time?

[@PS-lm3tp]

Justyn Hagen well im between 1-6% so that’s already pretty low im just going to wait till discover transfers me to an unsecured card (only card) thanks!

[@henrywilliam5710]

I'm subscribing. Yay! I just started a business and would like to know in which order should I build business credit cards I have a760 personal score?

[@AskSebby]

www.asksebby.com/free-card-consultation/

[@healthwealth.fitness7824]

Hey Sebby; great information, appreciate your time. Is the chase slate effected by 5/24 ?

[@AskSebby]

www.asksebby.com/blog/the-definitive-guide-to-the-chase-5-24-rule

[@devonpeters5655]

Thanks so much for your videos Sebby. You give great, sound advice on credit. I’ve been looking at the CSP and CSR. I graduated about a month ago from the Discover IT with a $1800 credit limit and now have a 784 FICO. I just really don’t like the idea of an annual fee long term as I don’t travel a ton. I understand the downgrade options, but I’m curious, how do you feel about the ethics of it? I know it’s legal, but I almost feel like one abusing the system by signing up for a card for the bonus with no intention of keeping it long term. Also, if I downgrade and have some CUR points left, and then upgrade again later like you mentioned, do you keep all your previous points?

[@maa4747]

Sebby, I need some advice. I am immigrating my fiance and her 19 year old son to the US and they have ZERO credit and no debt. I want to help build their credit and was wondering what cards they should get. I have a credit score around 811 and have the CSR, Chase Freedom, IHG, Capital One, Discover and AE cards. I only pay an annual fee for the CSR and the IHG. I am willing to co-sign my fiance and her son for a $1,000 limit each, but want to start building their credit. What card or cards do you suggest for them to apply on their own with Zero credit or with my help???

[@AskSebby]

Add them as AU to a card like the Capital One. Have them apply for a non-Chase starter card after (i.e., Discover It) since Chase ignores AU history AFAIK. After 6-12 months of independent history, start on Chase 5/24 cards.

[@chingpincheng9454]

I currently have BofA Travel Rewards and Amex Everyday. Since Amex SPG is going to end this year (?) I am thinking getting it next. Then Freedom and CSP to fill the last two 524 slots

[@AskSebby]

Can you copy paste this comment here? www.asksebby.com/free-card-consultation/

[@lavayuki]

I have a generic platinum card from my bank and a rewards card, both no annual fees. Am considering an Amex card like the British Airways or Everyday cashback, and maybe the Amazon master card as I shop on Amazon a lot but it has a lot of bad reviews, so I'm still unsure

[@yyz2sea]

Great advice! I have a rarely used BofA card, that's almost 30 years old. If I dump it will there be a big hit to my credit score. I have 3 others with an average age of 6 years.

[@AskSebby]

Yes. Do not get rid of it, especially if there's no fee. Literally buy a can of coke every 5-6 months and pay it off.

[@KenWACKS]

Thanks for the videos Sebby, very helpful

[@mosesw45]

Do you have any recommendations for someone looking to move to Australia? coming from a one card system in Africa and it looks like Australia has the same card system as US very difficult to decide what's the best way to grow my credit score once I'm there.

[@maxwillis]

I'm at 4 of my current 5 card foundation. I have one card with my credit union, my costco citi card, and I just got approved for my amex BCE and discover it cards. Still trying to figure out the last card to go with. I know the next one will put me at the 5/24 rule until the beginning of 2019 but I'm thinking the Freedom may be a good bet.

[@AskSebby]

www.asksebby.com/free-card-consultation/

[@michaelcampanella9178]

I got a discover & BOA 1.2,3 card ... trying to see if I want to go chase route or AMEX.

[@95AP]

Hi Sebby, If you have never started a credit card, could you still qualify for something like the Uber card? I use Uber maybe 3 times a day almost everyday and eat out a lot. Not sure how it works when you don’t have a credit history.

[@zachd.873]

So far got discover it (first card) then citi's costco card, I'm going to try to get freedom then freedom unlimited followed by ink cash (assuming I can get one and it doesn't count to 5/24) then sapphire preferred

[@tavo.simracing]

Total credit noob. I understand most things, but i need one thing cleared up about utilization. Say my credit limit is 200 and i max it out, but i pre-pay 199 before the closing statement, would that be ok and would that count as a low utilization? or would they see that i maxes out the card and paid it down? My goal is to rebuild credit after 2 late payments and a repo.

[@AskSebby]

Low utilization = better. Utilization is (typically) based off statements. Pre-pay = good in this case: www.asksebby.com/blog/how-to-increase-your-credit-score-by-pre-paying-your-credit-cards

[@tavo.simracing]

Ask Sebby Thanks for the reply! So would the credit company see that i’m maxing my card out though and would that negatively impact my credit score even if i’m pre-paying? After some research i’ve dug up some info that maxing out and pre-paying should only be done on credit cards where you can increase your credit limit. Would you agree with that? Sorry for all the newb questions. i’m really digging your content. i’ve watched a ton of different credit guru you tubers all with conflicting ideas about how to go about building credit or rebuilding in my case, but i find your content to be the most consistent and make the most sense.

[@brodeebell7002]

@@tavo.simracing no the only care about what posts on the statement. If you where applying for a new card with them I'd pay it down before you apply as well.

[@simoncohn-gruenwald8867]

I tried this (3 times in one statement) with Chase and it tanked my credit score. I really don’t suggest it.

[@VerrattiMedia]

I didn't really start with much of an idea of how to truly maximize your potential gains and perks in terms of Credit Cards. My parents were completely overboard with credit card use and so I was always very skeptical. However I started building myself up and I'm currently at 4 and making the decision of what card will fill that 5th spot. 1. Capital One QUICKSILVER (Hoping to up this card to a Venture sometime within 2018 ) 2. Discover It. 3. Citi Double Cash 4. Chase Freedom. I'm really debating if I'm going to try for an AMEX or double up with Chase for that 5 spot

[@AskSebby]

www.asksebby.com/free-card-consultation/

[@loveofmylife3180]

Do you have any for house buying, Mortgage buying ?

[@NY_Prodigy]

Active Duty military currently building out my 5 card base. Currently have: Capital One Quicksilver (thinking of product changing to Savor or Savor One BOA BankAmericard - Card I’ve had the longest. Just got approved and waiting on my Ducks Unlimited Card - 5% on gas and sporting good stores Any advice is appreciated 🤙🏼🇺🇸 Thanks

[@AskSebby]

Focus on Chase while you still can. Hyatt / IHG Premier / CSR are all worthwhile pickups given MLA. Amex after that. Strategy guide: www.asksebby.com/blog/best-credit-cards-for-active-duty-service-members-a-step-by-step-guide If you want to talk strategy: www.asksebby.com/free-card-consultation/

[@vbrookie]

If I were to start again this would be my starting 7 for first 2 years. Not too many with fees and downgrade options. 1. Discover it - easiest to get but very versatile with category and double cash back in 1st year. 2. Chase Freedom - same as above after you build up credit with it. Also good relation build card with Chase. 3. Amex Blue Everyday Cash - grocery, build up relationship with Amex. 4. Chase Freedom Unlimited 5. Chase Ink Preferred - 80k UR. If you can get one 6. Chase Sapphire Preferred - easy 55K UR with AU and no AF first year. 7. IHG - very good hotel card with low AF. On #6. I feel after Chase ink preferred there are better dining options that pays 3%+ dining without fees. I might swap Uber or better dining card. BUT that 55k UR point is hard to pass by, maybe downgrade after first year to FU and work on Amex side afterwards.

[@mattmorton1593]

I currently have Capital One Journey, and Chase Freedom. I have established credit and have enough of a time gap to do a 5/24 starter base. I'm unsure If I'll want any keeper cards so I'm keeping my next slot for a 2 percent cash back card, and leaving the other 2 slots open for the next few months to make a decision.

[@OurDailyMeme]

Matt Morton hey, how was the application for the journey card?

[@mattmorton1593]

The app was very simple.

[@Nigel-wz8hb]

I’m working on my credit now and have two secured cards. One with Capital One and the other is with Discover; and because by credit score is hovering around 732. I was wondering what should be the other cards it maybe wise to go with for 5/24?

[@AskSebby]

Feel free to fill out a card consultation form: www.asksebby.com/free-card-consultation

[@zerochill4034]

I got approved for the freedom unlimited with a 680 score then I tried to apply for the freedom and got denied.

[@marcusjones9720]

I got approved for the chase freedom yesterday so can I apply for the chase unlimited today.?

[@TheGenius0]

I currently have a discover student credit card which is great and I've already built good history but the quarters it offers aren't always in place at the right time and I was looking to get a credit card that would benefit me more towards amazon purchases and paying my university to help raise my credit. Should I get a second credit dedicated to either gas or amazon or just stick to what I have. Also I'm playing to travel this summer and don't know if i should get another credit card

[@piggy8435]

I'm thinking of doing Discover It, Citi Double Cash, Amazon Prime Visa Signature

[@krisz9326]

Hey! Great videos! I wanna ask if i wanna go with UA Explorer and CS Preferred, which one i apply first and how long should i wait after i apply one of them? Thank you!

[@AskSebby]

If you have Chase history, either first is fine. 1-2 months apart: kzbin.info/www/bejne/bJi6hHmkqLeCpbs

[@Tazangamoz]

Awesome Sebby..

[@andrewtyree9859]

Hey! Can you do a video about the PayPal Mastercards? Both the Cashback card and the Extras card. When I look at how both cards work, it seems to make sense for my everyday spend, but I would like to know from your perspective. Thanks.

[@musicforever9098]

I have one of them 2% cashback everywhere and no foreign transaction fees and no annual fee. I recommend it!

[@andrewtyree9859]

What’s an ideal credit score for those cards?

[@musicforever9098]

Andrew Tyree well i got it at about 650

[@AskSebby]

700+ and you should be good to go. It's a good 2x everywhere option but I mostly play the travel game / 5x game.

[@justin94block]

My credit score is 682 according to credit karma. I have a credit union credit card and Discover it gas/restaurant card, What should my next options be? My main focus is to raise my credit and start my line of credit history since im still young (age 23)

[@AskSebby]

www.asksebby.com/free-card-consultation/

[@jaredhighlands4604]

Have five cards just got 5th a few days ago. Am going to cut one of mine and add another rewards card (prolly travel).

[@henrycarey5657]

I’m 23 and my average length of credit is like 33 years 😂 authorized user thanks to my parents who both have 800+ credit scores

[@marcusjones9720]

I got your free consultation and you recommended the CFR which I got approved for instantly will a $5000.00 limited and the CFU then the CSP and the CSR after that. can I apply for the CFU today after getting approved for the CFR yesterday.?

[@AskSebby]

See response here: kzbin.info/www/bejne/o4HZd4t6fteEjpY&lc=Ugz4FQSUEEiG1tzOgGt4AaABAg

[@BaconBePropane]

I have a Discover it Secured Card, but I need to get a good no annual fee secured card to finally get rid of my First Premier card with a balance transfer. I’m looking to repair my credit, hopefully my goal is to get a Chase Freedom card in a year or so.

[@BaconBePropane]

I’m not really interested in travel though.

[@AskSebby]

Tons of good cash back options. If you want to talk strategy: www.asksebby.com/free-card-consultation/