Ultimate Beginner's Guide to Climbing the Credit Card Tier List
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- Опубліковано 20 тра 2024
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Learn More About These Credit Cards Here:
👦🏻 TIER 2 - STARTER CARDS:
Chase Freedom Flex℠ 👉 brianjung.org/1030YT-ChaseFre...
Capital One® SavorOne Cash Rewards 👉 brianjung.org/1030YT-SavorOne...
Capital One Quicksilver Cash Rewards Credit Card 👉 brianjung.org/1030YT-Quicksil...
Chase Freedom Unlimited® 👉 brianjung.org/1030YT-ChaseFre...
🧓 TIER 3 - MID-TIER CARDS:
Chase Sapphire Preferred® Card 👉 brianjung.org/1030YT-ChaseSap...
Blue Cash Preferred® Card from American Express 👉 brianjung.org/1030YT-AmexBlue...
American Express® Gold Card 👉 brianjung.org/1030YT-AmexGold
The World of Hyatt Credit Card 👉 brianjung.org/1030YT-WorldofH...
Marriott Bonvoy Bevy™ American Express® Card 👉 brianjung.org/1030YT-AmexMarr...
💼 TIER 4 - BUSINESS CARDS:
Ink Business Cash® Credit Card 👉 brianjung.org/1030YT-InkBusin...
Ink Business Unlimited® Credit Card 👉 brianjung.org/1030YT-InkBusin...
Ink Business Preferred® Credit Card 👉 brianjung.org/1030YT-InkBusin...
The Business Platinum Card® from American Express 👉 brianjung.org/1030YT-AmexBusi...
The Blue Business® Plus Credit Card from American Express 👉 brianjung.org/1030YT-AmexBlue...
American Express® Business Gold Card 👉 brianjung.org/1030YT-AmexBusi...
👴🏻 TIER 5 - PREMIUM CARDS:
Capital One Venture X Rewards Credit Card 👉 brianjung.org/1030YT-VentureX...
The Hilton Honors American Express Business Card 👉 brianjung.org/1030YT-AmexHilt...
Chase Sapphire Reserve® 👉 brianjung.org/1030YT-ChaseSap...
🧙♂️ TIER 6 - ELITE CARDS:
Centurion® Card from American Express 👉 brianjung.org/MoreInfoOnCentu...
JP Morgan Reserve Card 👉 brianjung.org/MoreInfoOnJPMor...
💳 OTHER RECOMMENDED CARDS:
Bilt MasterCard 👉 brianjung.org/1030YT-BiltMast...
Video Outline
0:00 Intro
01:10 The Basics
03:14 AVOID These Mistakes
07:21 The Full Game Plan
09:37 Tier 1: Baby Cards
12:10 Tier 2: Starter Cards
13:08 Tier 3: Mid Tier Cards
14:34 Tier 4: Business Cards
16:55 Tier 5: Premium Cards
18:07 Tier 6: Elite Cards
20:07 My Credit Card Sequence
20:47 Recommended Credit Card Sequence
30:09 2 Secret Tips To Get APPROVED For Any Credit Card
33:06 How To Unlock The Full Potential
39:35 How Redeem Points For MAXIMUM Value
43:35 What's Next? & Resources
• Ultimate Beginners Gui...
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Brian Jung is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as Milevalue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
Disclaimer: I am not a financial advisor. Brian Jung does not provide tax, legal or accounting advice. This material has been prepared for entertainment purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](http://i.ytimg.com/vi/qu47ulGpHDo/mqdefault.jpg)
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](/img/tr.png)
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This video should be played for senior high schoolers. Incredible value
Majority or not that mature how about freshman college students
@@louie1086that’s one year fam 🤣🤣 maybe college seniors in the case they “aren’t mature enough”
Yess I wish I had this in senior year and college freshman year omgg
lol yup i’m a senior about to be 18 and i feel so confident in this whole system now 👍
By using the right credit cards with the right bonus categories I get 5% off on gas, 5% off on travel, 5% off on utilities and streaming services, 5% off on groceries, etc., etc. Combine with specials, coupons, etc., and inflation doesn't exist in much of my world. And they often offer on-time special offers like 10% off your local grocery store chain. This weekend I used a 20% off at Old Navy to buy a new belt. And I still got 1.5% on the card for the remainder so it was like 21.5% off. My CVS drugstore often gives me a "40% off any one item" and then my credit card has a 10% off at CVS. Fifty percent off one purchase! Game the system!
Wat credit card gives you 10% off at CVS?
And wat credit cards do you use to get 5% off each category?
@@3xinarow990It was probably a targeted Chase offer.
You must feel like a financial king
@@3xinarow990some credit cards have offers/discounts when you log into your account. You just have to turn them on
I don’t think enough people give thanks to the credit card influencers/content creators because without them I would have no idea how to use a credit card or where to start. Thank you so much to all.
Yea, out of all the content on YT finance content creators are useful.
You are one of the most sophisticated and brilliant UA-camr/content creator I watch, and 1million percent the very best in finance. I appreciate all of your content thank you for *Prime consultant 001* much love from Chicago
Thank you so much ❤️
I’m a huge fan of your channel! My credit card journey started back in October 2022, and I have a pretty good set up with all the credit cards I need! Your videos have helped me go in the right order, being able to hit all my welcome bonus offers and all the points and miles that come with that. I look forward to do some traveling in 2024 so credit card have really been an awesome addition to my finance strategies. You do have to be financially responsible and very well educated to get the most out of them, and you’re helping us get there!
Always providing helpful stuff. Thank you!
Thank you so much Brian this was extremely helpful ❤
This may be the best video on this topic. I'm pretty far along, but I've sent it to my family members just starting on the journey. 👍
This was a solid video Brian - especially the new and updated Recommended Card Sequence! Thanks for putting in all the work to come up that strategy!
Thanks Stan I appreciate it man
I get compliments on my credit score and my credit card knowledge all the time, whenever possible I recommend this channel first, keep it up bro 👌
Thanks for that David I appreciate that brother
I have the bilt card. I love it so far. Racking up points. Very straight forward.
Glad you cover this for people who are unaware.
This is such an OUTSTANDING video! I feel like I’m so late to the game being 31 and from the Caribbean learning about credit so late. I’m already in debt and I’m trying to figure out how to get my ish together. Thank you for this!
It's never too late to start! ❤️
About a year and a half into the credit card world...I jumped in hard and deep...watched a bazillion videos, really thought about my budget and matching cards, and got a lot of cards in short time (7 personal and 5 business cards).This includes a mix of no annual fee cards up to cards like the Platinum. Redeeming for travel so definitely learned I prefer points over cash back. Credit score also went up like 60 points to mid 700s which was also one of the goals (still would like to be in upper 700s. Even though I can justify value, I still need to watch the number and amount of annual fees going forward. And now have to wait to be under 5/24 till March 2025. But really have most of my based covered and could just go the next year adding no new cards (but sure some welcome bonus will tempt me)
I paid off my house and my credit dropped 40 points
Thanks for this!
I was also taught to stay away from credit cards. But when I needed my first loan I had no credit, and I paid a higher rate.
Now I use credit cards all the time, and I'm doing a lot better financial because of it. Glad you're teaching everyone about credit cards Brian!
Professor Jung. If I was MIT, I would have already hired you to work as a student financial advisor/ guest lecturer
Brain, thank you brother
You do a great job on UA-cam ❤
Im a senior rn so I find this video very useful
thanks man you've helped a lot I had no idea about the piggyback option.
Awesome Video! Great Job Brian!
Love this channel!
Invaluabe, 10/10 content.
Appreciate the video !
Bro you doing gods work.
This video was amazing. Wish they taught this at school. So much value here!
Quick question: Does piggybacking also work on business cards?
Here for it!!
Brian? Do you prefer the Chase Sapphire Reserve over the Ritz Carlton Credit Card, and if so why? They are both travel card options.
thank you for the info
This is Solid Information 😮💨… Da Boi 🥶
Maybe you mentioned it and I missed it: will being added as an AU count towards 5/24 chase rule?
Hey Brian, love your videos. They’ve helped me lots with learning why credit cards are important. I’ve been building my credit for 8 months but I want to apply for an Amex card soon. How long do you believe I should wait for before applying?
Try it now 🎉
I would argue if you don’t travel a lot the Amex green can be a very good contender
That S.B.F clip ! nice
Nice comprehensive vid. Just a heads up, I see a black screen from 21:55 to 22:03 when you're explaining what the 5/24 rule is, seems like there's a missing graphic.
How do i apply for business card without business id. I do have a side ebay business
Oh i just found your other video! Thx
If I have the Discover IT, Freedom Unlimited, and Sapphire Reserve, what card would you recommend? I was looking at the freedom flex or amex gold.
Thank you
Hi thabk u for the video
Can u make a video how to apply for a business credit card as an uber eats employee or door dash ?
Hey Brian,
I’m from Boston and have been subscribed to you since Covid. Love your content. I don’t think I have ever seen you make videos about credit union business credit cards or Fidelity visa signature rewards personal credit card or some of these other community bank personal and business credit cards. Please do some 🙏🏾 I think we would all benefit from
@jugernaut for data points. Fidelity gave me $22k on my personal credit card from having a relationship with them including 401k, “checking account” (cash management account) etc
Huge fan and wanted to start my CC journey for a while now. I am from the UK does that affect my roadmap similar to yours or would it be different for non US citizens? I don't ever comment but am really curious. Many thanks :)
The principles are all the same, but the specific cards will be different because there are different banks and options/benefits etc. you’ll have to start searching for uk specific information.
Yeah 5% back on purchases made you a millionaire...
Good credit enables you to get the loans you need to start your own business and/or save thousands on loan interest.
I'm in the netherlands, what would you recommend? all credit cards seem to cost money and not get much
I missed one payment in the 5years I’ve had a CC is there anything I can do so this doesn’t hurt my score as much?
Just wanted to say that this channel has tremendously helped me and for that I am forever grateful. Quick question what is the name of the discord community so i can join?
You can join Kaizen here 👉 brianjung.org/JoinKaizen
Thanks for the information! Ps. your still gangster 😎
Question, if I started a detailing business do I still start from level one or tier one
So should I go for the freedom flex or freedom unlimited?
Savor ones alright.. once Uber deal is done how good would u consider it
Does the 5/24 include the credit builder/trade line cards like credit ai and Ava
ive just started my credit journey i have a bofa secured and just got aproved for an unsecured freedom flex. im just wondering why did u choose the freedom unlimated and then decided to get the freedom flex 14 cards after
i have never owned a credit card, where would my credit start? also what should be my first credit card?
Hey Brian can you do a video on the M1 Finance credit card??
What’s a good card just for gas to maximize points ?
Is there a certain credit card I should add an authorized user so they can use my credit score ? My girlfriend is trying to apply for a transfer balance card but her credit is lower end. If I authorize her would this help her get approved
this is adorbs
which savor one is the best its like 4 different versions
Is there a certain credit card I should add an authorized user so they can use my credit score ? My girlfriend is trying to apply for a transfer balance card but her credit is lower end. If I authorize her would this help her get approved ? I have a couple but I want to authorize her on my amex gold. Credit about 740
브라언정 멋져요👏👏👏
What about hard inquiries on your credit report ? Does it effect it
where does the amex cobalt rank amongst these cards?
Hey Brian. You should do a few videos on building credit card history for new immigrants & nonresident aliens participating in the US economy. I know it's not popular with your US crowd, but it's a group of users not targeted by your type who could use your knowledge. Plus, it also helps folks preparing to come to the US.
If your mission really is to help people gain more credit card knowledge, who can benefit more than these two groups? Food for thought.
Would the Elite Cards get me into Dorsia?
How long to do I have to wait in between to apply for cards
Okay but what factors do they look at when you apply for a busness credit card?
20:34 "I followed a strategic strategy" -Brian Jung 2023 LOL jk love your vids bro
Can you make a video explaining a time schedule of how you would get all the card bc you said you would get them a month apart but I can’t tell if that’s what you actually meant
I went straight to the Amex gold is that ok?
Hey Brian what glasses are you wearing? Gorgeous
What about the Amex cobalt?
I made $800 in a couple weeks with 4 new cards. Spend 500 get 200 back. Already paid off and going to freeze them
The best content I’ve seen 💯 keep
Up the amazing work !
Thank you so much!
Can I apply for chase ink business card , 3 months ago I got chase preferred?
Out of curiosity. Are you a fan of small business loans? Or solely credit cards?
This should definitely be taught in high schools
This is a multiyear plan, remember. It takes years because of the chase 5/24 policy
Do you guys think I should open 2 credit cards at once? I want the chase freedom unlimited with the bonus currently, but I also want to apply for a chase sapphire preferred and put my Christmas shopping on it. I feel if I open a CSP and wait, I’ll miss out on the CFU bonus.
Heck yeah! Do it today!
i got the csp and didnt apply for the cfu@@michaelstewart1838
I want to get more business cards but I can't make those spend req.
So my biggest question is how, if I were to open up multiple Amex Credit Cards in a short period, would I spend enough to get all those points? Or, if I should stagger my acquisition of these cards by several months so that I can sequentially get all those points. PS - just joined the military and so the fees are waived. Thanks in advance.
I would suggest definitely staggering the applications because you don’t want to spend a bunch of extra money just to get a bonus. That makes the bonus pointless.
Champ! 🗣️
Alright step 1 is done. Everything I spend comes back.
Now step 2. How do I increase my income
Whats the Canadian version of this sequence? to start building. I now Capital One is just universal but are the rest all around the world or just in America?
Most of them are all global
This is something that should be taught in all highschools.
Dose this work in Canada
how about if they close your account how do we get rid of old debt ?
What kind of wallet you got
I upgraded my capital one platinum to the savor one 3 weeks ago. What is the credit score I need for the venture x.
715+
Perhaps every key card I've had I was being followed around stalked but hey theirs noone at the churches.❤
I got rejected for a chase freedom but got accepted for a American Express cash preferred makes no sense 😊
i shouldve watched this video before applying for chases rise card 😭
Those glasses clean, makes me want to wear glasses lol
Can u build credit by piggybacking.
Where does one see their cash back, points, etc
Is it true, the card holder who sends a link will receive a 1099 when the recipient meets the spend?
Banks will send you a 1099. Referrals bonuses are taxable
I got the centurion card and i spend no where near that amount, im not based in united states tho. and also you are completly right its not really worth it. i get invites to some events but i got better spenders, pretty much never use the centurion for payments lol.
WHAT THE HOW
Is this guide only valid for the US? I live in Germany and I was wondering if something like this makes sense here too? I am still hesitant to even do more research because this country still heavily relies on cash and debit cards. Not many people even own credit cards and they are only accepted in few places like hotels and airports etc.
Genau das frage ich mich auch. Bist du mittlerweile auf antworten gestoßen ?
@@holzmax8073 Ja bin ich. Das macht hier in DE wenig Sinn, meiner Minung nach, da es diese Bonusprogramme hier in der Form nicht gibt und die meißten der Kreditkarten ebenso wenig. Ein Großteil der Punkte generiert sich in diesem System aus deinem täglichen Bedarf und dass du diesen ausschließlich mit Kreditkarten zahlst, vorallem auch Miete, Nebenkosten etc. - also alles was du ohnehin zahlen musst. Ich denke man könnte dennoch davon profitieren, wenn man zum Beispiel selbstständig ist und viele hohe Ausgaben hat und auch wenn man z.B. viel fliegt. Es gibt einige Kreditkarten hier, die gute Boni generieren können, aber in dem Umfang wie im Video gezeigt, wirst du das hier, zumindest noch nicht, umsetzen können. Dazu müsste die Nutzung der Kreditkarte in der Gesellschaft sich vergrößern. Das siehst du alleine daran, dass es außer den üblichen Cashbacksystemen hier noch keine Supermarktkette gibt, meines Wissens nach, welche Kreditkartenbonusprogramme wie in den USA hat. Das läuft hier ja alles über Payback und Deutschladcard etc. und das ist ja alles Mist. Unterm Strich also leider nein. Ich fokussiere mich lieber auf Crypto und baue ein lukratives Sidehustle auf, was meinen 9to5-Job bald ersetzen soll. Habe mich für den Copywriter entschieden. Irgendwas wo du nur einen Laptop, Handy und Internet zu brauchst. Da gibt es genug Auswahl und ich glaube die Zeit ist in so einem Projekt besser eingesetzt, als hier in DE zu versuchen dieses Modell zum Laufen zu bringen. Ich hoffe das hilft dir weiter. Grüße.
Closed credit card accounts will continue to report positively for ten years on your credit report assuming the account was closed in good standing.
👍👍👍good