Amex Gold vs Chase Sapphire Preferred 2021

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In this video, we are looking at the Amex Gold Card vs the Chase Sapphire Preferred and how these 2 popular annual fee travel credit cards compare against each other in terms of benefits, points categories, and features. The Amex Gold Card and Chase Sapphire Preferred are both amazing credit cards that I think are 2 of the best credit cards of 2021 and a lot of people will agree that these both can be the best travel credit card, depending on what you’re looking for. Here, I do a quick Amex Gold card review and a quick Chase Sapphire Preferred card review to go over everything that you need to know before I give my opinion on what credit card is best for you.
If you are wondering, “is the Amex Gold card or Chase Sapphire Preferred worth it in 2021”, then this video will be very helpful and informational in your decision about whether to apply for one or both of these credit cards. The Amex Gold card is a great credit card if you know that you are going to be able to use these $120 Uber credit and $120 dining credit or if you travel at least a couple of times a year and don’t mind transferring your American Express Membership Rewards Points to a travel partner to get more value. The Chase Sapphire Preferred is a great credit card if you are looking for a lower annual fee and want more flexibility in the different ways that you can redeem your Chase Ultimate Rewards Points.
I have both of these credit cards, so I actually think that many people will enjoy having both the Amex Gold and CSP as well, especially if you combine the CSP with the no annual fee Chase credit cards, the Freedom Flex and Freedom Unlimited, in a Chase Trifecta credit card setup.
Let me know what you think about these 2 credit cards and if you have one or both of them down in the comment section below! Do you like one credit card more than the other?
Check Out Some of My Other Videos:
The 7 BEST Credit Cards That You NEED In 2021: • The 7 BEST Credit Card...
Why the Chase Trifecta is the BEST Credit Card Setup for FREE TRAVEL: • Why the Chase Trifecta...
Chase Sapphire Preferred Credit Card NEW 2021 Review (NOT Impressed?): • Video
DO NOT Get the Amex Gold Card (UNLESS You Do These 4 Things): • DO NOT Get the Amex Go...
Credit Card Minimum Spend Guide (Turn Your Spending Into FREE TRAVEL): • Video
#AmexGold
#ChaseSapphirePreferred
#CreditCards
DISCLAIMER: I am not a financial advisor and the opinions in this video are my own. This video is for entertainment and educational purposes only, it is not financial advice. You must do your own research and should talk to professionals before making any financial decisions for yourself.
More Videos From My Channel: / @daniel_braun

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16 сен 2024

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Комментарии : 229

@SmartHobbies 2 года назад

Credit cards that require you to drastically change your spending habits are of little value to me. The AMEX Gold might be worth a look if the Uber eats and dining credits rolled over, but I don't normally spend at those locations on a monthly basis. Great video as always.

@Daniel_Braun 2 года назад

Thanks so much! Yeah that's such an important point to remember, you shouldn't have to change your spending habits to adjust to a credit card, the credit card should fit your spending! I really wish that those credits rolled over too haha

@sethellis6113 2 года назад

I 100% agree with you. That the credits should roll over. But have to be used by the end of the year. It was worth it to me, because I do uber eat and grub hub at least 2 times per month.

@smokenojoke8182 2 года назад

@@sethellis6113 same here and I love Cheesecake Factory

@JaredPruett 2 года назад

Both seem like great cards! I’d probably use the Chase card more personally with those credit options + lower annual fee. Great explanation as always Daniel!

@Daniel_Braun 2 года назад

Thanks man! Yeah the CSP is a great card for many people I think!

@RMK.23 2 года назад

The Amex Gold for me is still the clear winner for my spending habits. The perks of the Amex card membership alone to me has paid off more than once. Excellent review though 👏

@Daniel_Braun 2 года назад

Thanks so much for watching, I’m glad you liked the video! Yeah I really love the Amex gold card and think a lot of people will enjoy having it. Good to hear that you like it too!

@engineerengineer2218 2 года назад

I have both cards and I found that the Chase travel portal to be much better than AMEX. I find it can be a lot of work to use transfer partners can be difficult especially if you are booking for more than one person. Amex gold is good if you are single and want to fly business class if you can find a good flight. Overall the CSR is a better value.

@Daniel_Braun 2 года назад

I agree, I really like how easy it easy to use the points with Chase in the portal. Definitely a major advantage that it has over Amex I think too!

@anthonygardner400 2 года назад

Hey buddy. I agree - these are two of the better cards out there. I have the Gold and the CSR, so essentially what you described. Since I haven’t traveled much in the last two years, I’ve used the Gold card to build MR points, then cashed them out using the Schwab Platinum. I got the old conversion rate of 1.25 cents per point. Another advantage to the CSP is that there are still a decent number of places that don’t accept Amex. I’ve run into that issue three times in the last month, so I’ve had to reach for a Visa or MC. Thanks for another well done video.

@Daniel_Braun 2 года назад

Hey Anthony, thanks so much for the comment! Glad you enjoyed the comparison video! Yeah I wish I could get into more detail here about those other MR point redemption values like that with the Schwab card. That 1.1 CPP option is still nice in my opinion but really wish I could have gotten the card with 1.25 CPP cash out like you did! Also good to note that some places don't take Amex. I don't think I've really run into an issue with the recently but interesting that its happened to you a few times recently!

@HanifxD 2 года назад

I have Amex Gold, applied for Chase got approved, super excited to use both. So far Amex gold is the best since I’m foodie person.

@Daniel_Braun 2 года назад

Awesome! Yeah Amex Gold is really great for food which is why I love it too!

@sjg6158 2 года назад

While I haven't done a ton of this yet, the Chase Travel Partners (and additional value if you have a Freedom Card) is maybe what tips the scale to the Sapphire Card. Transferring to Hyatt or other airlines to really draw out the value / point is where you really make this card excellent.

@Daniel_Braun 2 года назад

Yeah for sure, I need to make a video about some examples of transferring out points to get more value because it’s a great way to use the card!

@alexsolano2743 2 года назад

Such an amazing breakdown of both cards. I sport the Amex Gold card and love it considering I’m a foodie and spend most of my time eating out or ordering from UberEats. I guess it just depends what you plan on using your card on!

@Daniel_Braun 2 года назад

Yeah that card is perfect for you then with those credits! Glad to hear you have the gold card, thanks for watching and commenting Alex!

@superseiyan 2 года назад

Are bars and places like chipotle considered restaurants/food for the gold? Do MR points transfer to cash or airline partners as easily as the chase rewards?

@docsays 2 года назад

UR pts are much more flexible & valuable to me than MR pts.

@Daniel_Braun 2 года назад

Yeah I'd agree! MR points are great for getting good transfer value but I personally always feel like is easier to hold those UR points because of that flexibility

@JacobKustra 2 года назад

Two powerhouse cards. Honestly they are both keeper cards for sure. And for those that can’t decide but want only one, should base it off of which trifecta is better for them.

@Daniel_Braun 2 года назад

Yeah definitely agree with you that both are keeper cards! Also important to see if an overall trifecta setup will work like you said. Thanks for watching Jacob!

@JacobKustra 2 года назад

@@Daniel_Braun always here to support friend!

@fender7083 2 года назад

@@Daniel_Braun I would go CSP first due to 5/24. I got the CSP then 8 months later got the CFF. A week after the Flex I was approved for the Amex gold. Hit Chase first just because of the 5/24 aspect

@MrPrettyBoyChina 2 года назад

@@fender7083 what is CFF?

@PierceJPeterson 2 года назад

Love the head to head comparison videos! Keep up the great work my man!

@Daniel_Braun 2 года назад

Thanks man! Yeah I've been wanting to do more comparison videos like this so glad you liked it!

@Ernesme8 2 года назад

I have both credit cards and now i know how to use them to my benefit great video thank you!

@Daniel_Braun 2 года назад

Awesome! Enjoy the cards and thanks for watching and commenting here!

@ChaseYokoyama 2 года назад

Ughhh this are BOTH such amazing cards. Neither of them are perfect but have both of them sure is fun. I still like the Amex Gold card slightly better but the CSP still puts up a solid fight.

@Daniel_Braun 2 года назад

Completely agree! There's things that could be better with both but I also think that they're both great cards. I think I'm with you that the Amex Gold is the better one by just a little haha

@dreroad6095 Год назад

Hi Chase, when do you use your CSP if you are already using your amex gold for food?

@nicanzalone1 2 года назад

Just the video I needed, thank you for continually putting out quality content for us subscribers, 2.5k soon👀👏🏼

@Daniel_Braun 2 года назад

Almost there at 2.5k! Yeah I figured you would like this video because I know you've been looking at them both! A lot of people are looking at these cards so I figured it would be good to compare. Appreciate the support man!

@rebekahvlad8082 Год назад

Thanks for the video and breaking down the info on the card it makes easier to understand and got approved for chase preferred about 10k . Can’t wait to enjoy the benefits on this card!

@markplymale 2 года назад

Love both these cards but if I had to pick only 1 I’m going Gold! Great content Daniel!

@Daniel_Braun 2 года назад

Same with me, love them both but I'd go with the Amex Gold too just because the actual card itself gets way more use everyday. Thanks Mark!

@ColemanBassett 2 года назад

Both seem like good cards! I’d probably lean towards the Preferred though, given my spending habits.

@Daniel_Braun 2 года назад

For sure! Yeah I really like the Sapphire Preferred and its easy to offset that cheaper annual fee

@WhoDeanyUnchained 2 года назад

You can still get 100k points and the first year waived by signing up in a Chase branch

@Daniel_Braun 2 года назад

Yeah I've heard of people still doing that! Definitely worth a try because that 100k offer is so good and I wish it was still available online for everyone!

@LuisAngelFit 2 года назад

Does the 100k offer apply to the reserve card as well?

@MMuniz 2 года назад

Lol I was going to bring up the fact that every time I book travel through chase it seems more expensive so I don’t use it anymore. I prefer to transfer to partner brands and take advantage that way. Weird how you haven’t noticed this, you are lucky!

@Daniel_Braun 2 года назад

Yeah I know it varies but for cheap travel stuff like I have been booking lately, that's been the case!

@vedantdesai1 2 года назад

The Gold Card is a winner for my spending habits for sure. Not all cards are meant for all people. The platinum gives me no value as I rarely travel, and don’t live in a focus city. Plus, Amex gave me 1 year complimentary Uber pass, so I can say goodbye to surge charge and delivery fees

@Daniel_Braun 2 года назад

Yeah I think a lot of people can be in the same situation where the Gold card makes sense for their spending habits but not the Platinum card. Smart that you recognize that not all cards are meant for all people because I completely agree!

@superseiyan 2 года назад

Do platinum and gold both give an Uber pass?

@vedantdesai1 2 года назад

Idk about platinum. But gold gave me a year of Uber pass

@Tides-of-Time-and-Space 2 года назад

I have both, they work well together.

@Daniel_Braun 2 года назад

Same here, I think they work really well together too! Thanks so much for watching and commenting Andrew!

@eddiemurray3978 2 года назад

Just checking in, waiting for a comparison of these two!!!

@Daniel_Braun 2 года назад

Awesome, thanks for being one of the first viewers on the video!

@maxstyne 2 года назад

Your views are skyrocketing. Congrats Daniel🏆🥳🔥 Full Time RU-vid is coming...😁

@Daniel_Braun 2 года назад

Thanks Max, yeah definitely happy with the progress so far here! Haha maybe some day!

@KevinnPOV 2 года назад

absolutely amazing video thank you 😎

@Daniel_Braun 2 года назад

Thanks so much for watching and for the comment! Glad you liked it!

@shaligasuksomsong 2 года назад

I have both and I appreciate them uniquely.

@Daniel_Braun 2 года назад

Same here, I've got both too and they each have their own good things about them!

@ShameenYakubu 2 года назад

Chase denied me so I got the AmEx Gold instead a few weeks ago. I travel a few times a year and I spend a lot on groceries and a bit on food so I’m enjoying it. Should pretty easily meet the bonus as I’m over halfway there in under a month. I easily use Uber multiple times a month so that’s pretty easy.

@Daniel_Braun 2 года назад

Great to hear that you'll get good value from having the Amex Gold card! Enjoy it and thanks for watching!

@engifar9643 2 года назад

For me, personally, I saw more value in the AmEx Green card… definitely a budget version that complements to the AmEx BCP, but since AmEx Gold Uber credits don’t roll over it’s kind of tough to justify since I’d need to adjust my spending habits to accommodate the perk (personal opinion - changing your spending habits to accommodate cards means the card is not right for you). Preferred card is nice, but card ecosystem wasn’t there for me… AmEx Gold used to be a budget friendly version of the Reserve when the $100 airfare credit existed, but once that went away the allure kind of died for me… it feels like an overly expensive AmEx Green, overly expensive Preferred, or an underpowered Reserve. I feel like less folk will get the AmEx Gold in 2022 and hopefully it gets a better boost or the signup bonuses continue to get better

@Daniel_Braun 2 года назад

Really interesting take, but I think you're spot on here! It is too bad that the Gold card lost that airline credit. And you're totally right that if you have to adjust your spending habits for a credit card, then that credit card is not right for you. I've been saying that in some other videos as well and the Gold card is a perfect example of this. Thanks so much for watching and commenting 👍

@sjg6158 2 года назад

I think the Green Card is of worse value given the lack of overall credits. Then again, I like the credits that the AMEX Gold provides. It's a personal preference. Few people talk about AMEX Green anyhow.

@justinitsthatguyme010 2 года назад

I got the CSP with 100,000 welcome points and the AMEX Gold with 90,000 welcome points. I was lucky to apply at the right time for both

@jloiben12 2 года назад

These are very complimentary cards. In fact, these represent 2/3 of a very good baseline for cards along with the Capital One Venture Rewards

@jamemee8795 2 года назад

I pick Gold cards over all If i need just one and then add one more cash back rewards credit card like Chase freedom unlimited or citi custom cash back

@Daniel_Braun 2 года назад

Nice! Yeah plenty of ways to earn some good points/cash back with all of those cards 👍

@DoremonUCR 2 года назад

been looking forward to this comparison that's current. thanks!

@Daniel_Braun 2 года назад

Yeah I saw there's a few videos out there that are kind of out of date now since the updates to the CSP. Thanks for watching and commenting!

@OtherKindsofMoney 2 года назад

Very detailed comparison. I do really like my Chase Sapphire Preferred card but your setup is very interesting

@Daniel_Braun 2 года назад

Thanks! Yeah both of these cards are great so I'm glad to have them both!

@FinancialFreedomMadeSimple 2 года назад

awesome comparison Daniel !

@Daniel_Braun 2 года назад

Thank you so much!

@tarrius1210 Год назад

I was able to achieve the Chase Quadfecta in a matter of 3 months! Thanks for introducing me to Chase Daniel!

@AveryHeilbron 2 года назад

I only have the CSP! Maybe time to get the Amex gold

@Daniel_Braun 2 года назад

You gotta get it someday! Maybe next time you've got some spending to do for your real estate you can hit that welcome bonus!

@fender7083 2 года назад

I have both, I now have a ton of UR and MR points from hitting minimum spend.

@Daniel_Braun 2 года назад

Awesome! Yeah those welcome bonuses can earn you a ton of those points!

@40andBroke 2 года назад

These are a great comparison. I was looking at a Wells Fargo card, but thats a different category. The annual fees turn me away at the moment.

@Daniel_Braun 2 года назад

Thanks! Yeah I get it because no annual fee cards can be better for a lot of people depending on what you want from credit cards

@lucasdurham6830 2 года назад

awesome video, super informative and to the point!

@Daniel_Braun 2 года назад

Thanks so much for that Lucas! Always good to hear that it was to the point because that's what I try to do!

@sonictonic_ 2 года назад

Exactly what I needed, thank you as always :)

@Daniel_Braun 2 года назад

Glad the video helped! Thanks as always for watching!

@tiffaniacarter2217 2 года назад

Great video and breakdown. I’m not in either of these cards ecosystem, but was more interested in AMEX, however the Chase Sapphire is looking good too. Can you tell me what bureau Chase pulls?

@Daniel_Braun 2 года назад

Yeah I would recommend that Chase ecosystem over the Amex ecosystem first to most people, just because there is a Chase 5/24 rule that I've mentioned before in other videos and because the Chase points are easier to redeem for good value. And from what I know, I believe Experian is the most common for Chase to use, but they use Equifax and Transunion sometimes too so it varies

@lakwatsera3443 2 года назад

Excellent review! Cant wait to use my amex gold card and I excited to get 90k points after I spend 4k !🤗

@ahhhwhattt 2 года назад

Would love to hear what people think is the clear winner for gaining airline miles, I dine out frequently and use Uber regularly, but a $750 credit from Chase that can be put towards flying seems hard to compete with.

@Daniel_Braun 2 года назад

Yeah its all personal preference for how you want to redeem the points. Chase gives the easiest way to get that type of value but Amex can get much better flight redemptions by transferring to travel partners. But the best way to get very high redemption values there is going to be for things like first class or business class international flights mostly

@cameronls 2 года назад

Great video. If I am someone who predominantly flies Delta is the Gold a better option since they are one of the partner airlines, or not necessarily? Thanks!

@Daniel_Braun 2 года назад

Hey Cameron, it definitely can be a good option since you can transfer those MR points to Delta at 1:1 ratio. The only thing is that you probably won't get the highest value for these points compared to if you transferred for things like international flights with some of the other Amex transfer partners. Definitely not a bad thing though and you could still get a little over 1 Cent per point by transferring to Delta which I would be ok with getting sometimes. So yeah, not as much high value potential with Delta, but all depends on the type of travel that you do and it can still be worth it

@cryptodev2615 2 года назад

I noticed a few of the travel partners from Amex align with the travel part ers on chase. Namely JetBlue and Singapore airlines. Plus, I like if I were to get the Amex gold card, I can transfer to Marriott hotels. So far, chase doest really benefit from groceries. Only if it hits that 5% bonus category from the flex card. I felt like the gold card can fit in nicely.

@perezad33 Год назад

Hi Daniel - I just got introduced to your videos! Great review! I already have the CSP card and have used it for years. I just got approved for the Amex Gold and am debating whether to keep both. From your videos, it seems like I should. Curious what you use your CSP card verus your Amex Gold? Is it simply that you use the Amex Gold for ALL Restaurant and Grocery purchases and then you use the CSP for Travel + everything else? Just curious what your breakdown is as I'd like to keep both and make sure I am using them properly. Thanks!

@Packerm87 2 года назад

I have the AMEX platinum and I was thinking about downgrading to the gold card. You also helped me understand that redemption between the two and Chase sounds easier to work with then AMEX and Captial One. I also made the mistake and redeem my MR points as a statement credit and got very little value for them, lessons learned. I'm just trying to compare CSR vs CSP

@Daniel_Braun 2 года назад

The gold card is one of my favorites, but good thing you learned not to redeem for a statement credit with Amex anymore! But yeah I would agree, Chase is very easy to work with when redeeming points. I plan to make a CSP vs CSR comparison video very soon as well!

@Packerm87 2 года назад

@@Daniel_Braun I got approved for the CSP. Can you compare the plat vs gold?

@Daniel_Braun 2 года назад

@@Packerm87 awesome, that’s the card that I have as well! And yeah that’s another one that I plan to do soon. Lots of comparison videos coming!

@Packerm87 2 года назад

@@Daniel_Braun thanks. I have the plat card now but it’s over kill for me but I love the benefits and perks of the platinum. (It’s like personal assistant for 695 :-) )

@superseiyan 2 года назад

How would you advise for Gold vs CSP vs Platinum? I travel 3-4 times domestic and 2 times international but don’t care about business class. Day to day I order a lot of takeout and go to bars often.

@shakinram 2 года назад

How do you maximize benefits and balance the point-earning between different card issuers? For example, if I have Chase and Amex cards, how do I determine what to spend on which cards because using Amex cards will create the opportunity cost of Chase points and vice versa. Appreciate your input!

@Daniel_Braun 2 года назад

Great question Sharina! For me, I value Chase and Amex points equally because there are a lot of great ways to get pretty similar value from both! so I just simply go with whatever one of my Chase or Amex cards will earn points at a higher rate for each purchase. So I use my Amex Gold for dining at 4x points which beats the Chase cards' 3x points. But right now I use my Chase Freedom Flex for Groceries because it gets me 5x points per dollar for the next year as part of my welcome bonus which is higher than the 4x points earned by my Amex Gold. Plus, on top of all that, if I ever get a new card that has a minimum spend requirement for a welcome bonus, then I will use that card for everything because the return will be higher. For example, if I somehow opened a new Sapphire Preferred card today, the welcome bonus is for 60,000 points after $4,000 of spending. That "return on spend" works out to be 15x points per dollar spent on that minimum spend requirement, so 15x points on everything until I get that bonus beats out all of my other cards that I have. Hopefully that makes sense and helps but that's the basics of how I look at it!

@shakinram 2 года назад

@@Daniel_Braun makes sense! Thanks for the response 😁

@sjen4617 2 года назад

I love your videos and found them so helpful. Already have a Platinum and am considering getting the Gold. How do you setup the multiple Amex cards on one Uber account?

@artaguilar7338 2 года назад

thanks for your videos!! Very informative. I noticed that you've had at least on the videos 100''s of thousands of points accumulated on the cards you've shown. Do you actually accumulate that much on every card? Do you have that many expenses to keep those points that high? Thanks

@edubwalter3179 2 года назад

AMEX GOLD all the way!

@Daniel_Braun 2 года назад

One of my favorites cards in my wallet!

@jasonmiguel1991 2 года назад

Great video like always Daniel. Around 10:30 you say it expires March 31, 2021. Shouldn't it be 2022? Other than that, keep it up! Great informational content

@Daniel_Braun 2 года назад

Ahh man I messed up haha. I miss small details like that sometimes, thanks for letting me know! Glad you liked the video!

@drewski91 2 года назад

I say get both, but if you were to pick one, I'd pick the CSP. Amex dining credits are hard to use for most people. The Uber credit and 4X multipliers are valuable on the Gold as well, but I think the CSP will get used by more people, especially if they use Online Grocery apps

@williamcordero91 2 года назад

Gold to me is better, great review brother

@Daniel_Braun 2 года назад

Thanks William, really appreciate the comment and support! I love my Gold card!

@a3sully 2 года назад

No comparison needed. Chase has amex beat in every category. $250 is a waste for coupons I would never use. Just got CSP card and got the hotel credit, saved well over $45 in rental car insurance. Pretty much got paid to have that card. Getting a penny per point beats point 6 cents if I wanted. Chase has the transfer partners I use. Comparing CSP to CSR would be a better comparison than amex to Chase card. At least 3X on restaurants beats 2.4X amex wants to give you. 100k points valued at least $1,000 to $1,250 unlike amex point system. Chase has better cards all around.

@Daniel_Braun 2 года назад

I agree with a lot of those points! Amex is not good for redeeming for cash back because of that 0.6 cents per point value. For Amex, the only way to make it worth it is to either have something like the Schwab platinum to redeem points at 1.1 cents per point into that brokerage account or to transfer the points to a travel partner. That's why I like Chase better for most people because theres so many great ways to get guaranteed good value for those points! Thanks for watching and commenting Shawn, I'll definitely be making a CSP to CSR comparison video soon as well!

@a3sully 2 года назад

@@Daniel_Braun only negative I hear with Chase may be customer service but I have had good service with them so far.

@babybee9098 2 года назад

Question, when applying for credit cards don’t they drop your credit score? How many cards should you apply annually?

@tiannagray8102 2 года назад

In some cases it can drop your score by a couple of points, but with having a higher credit limits and paying the bill on time and or in full, increases your score.

@boondoggle4820 Год назад

To me it seems like the Amex Gold is much better for earning but the CSP is better for redemption value and travel protections. Chase points are better, they’re just harder to earn. I earn most of my chase points through the CFF and CFU, but you need the CSP to get maximum value for the points.

@ebonipeddie1139 Год назад

Would you say the CFU is better for everyday spending and CSP is better for travel - booking flights/hotels??

@anhnguyenthingoc9504 2 года назад

I have been using the blue everyday AMEX credit card for 3 years when I was a student. This was great until now. I am considering between new AMEX Gold or Chase. Personally, I think AMEX Gold will give more benefits. However, I wonder if I should only stick to AMEX or should I should diversify my credit card providers.

@Daniel_Braun 2 года назад

Thanks so much for watching and commenting! If you think you'll get good use out of the Uber and dining credits on the Amex Gold then yeah you can't go wrong there! If you want the Sapphire Preferred then I usually like to recommend the Freedom Flex and Freedom Unlimited along with that as well. So if you want multiple Chase cards then thats a good option. I think its good to have both Chase and Amex personally!

@caleb131186 2 года назад

Being military I just ended up getting both. Next is the Charles Schwab Platinum and the CS Reserve.

@Daniel_Braun 2 года назад

Yeah might as well take advantage of the annual fee waivers to get all that value from cards like that! Thank you for your service!

@rainmwhop Год назад

Can you make a video showing an exact example of how you’d decide which cards to use for travel? I get confused on why you wouldn’t always use the preferred given it gives you 5x back opposed to Amex’s 3x. For clarity in my ask, making a video showing an example of when you’d use each card for travel would be helpful. At this rate, I feel like I’d only use my CSP for travel.

@rileyshoemake2587 2 года назад

I have Both. Love them!

@Daniel_Braun 2 года назад

Same here! Great cards! Thanks so much for watching and commenting Riley 👍

@levipalomo8 2 года назад

Chase is still offering the 100k point sign up bonus if you apply in branch at a chase private client location

@Daniel_Braun 2 года назад

Its a great deal to take advantage of if you can in branch! Thanks for the comment 👍

@nicholassinanan7374 2 года назад

Nope. They no longer do it. I just spoke to them yesterday trying to sign up for the card

@levipalomo8 2 года назад

@@nicholassinanan7374 interesting, you might have to be in the Chase private client program as I was given this sign up bonus just last week. My apologies!

@sarahtimperio6452 2 года назад

I have excellent credit and have a Amazon card. Which card fo you think should be next. I was Interested in the Apple bc I use apple pay everyday. My biggest catagorizes I spend in is food and shopping so also was considering amex gold

@jefuryo 2 года назад

I use the credits at the beginning of the month, unless I have a trip coming up.

@Daniel_Braun 2 года назад

Yeah I try to do that same thing too because otherwise I might forget about them and feel even more rushed to use them at the end of the month!

@DisruptiveWealthCreation 2 года назад

Lucky to say I am debt free from these cards. Great video.

@Daniel_Braun 2 года назад

Thanks! Great to be debt free!

@CristianHernandez-jk7lw 2 года назад

I didn’t know Robby from Cobra Kai was making credit card videos

@Daniel_Braun 2 года назад

😂 I think you're the 3rd person to say that haha

@dominiquehicks338 2 года назад

hey! I travel a ton, so what about points in grocery stores abroad? do the credit cards recognize those?

@Joseg636 2 года назад

I work out of town A lot and book hotels quite often what are the best crédito cars you could recommend for people like me?

@omar-davidcampos773 2 года назад

So like quick question. I travel alot back and forth to Cali from new york and and my gf and i plan to travel out and she also loves eating out which one is better cause at first i kinda want the gold card cause it looks cool lol but i prefer which ever one im get the most from

@itruuth 2 года назад

So I fly delta a lot but I’m a newbie and have the sapphire preferred atm and likely getting the Amex gold however can I pool the points into delta with the sapphire as well im not sure how it works on the sapphire side cuz I don’t c delta

@Daniel_Braun 2 года назад

Good question, from what I know, it'll probably be difficult to pool between both Amex points and Chase points to Delta. You can transfer Amex MR points directly to Delta but like you saw, Delta is not a transfer partner with Chase. There are still ways to transfer Chase UR points to airlines that partner with Delta like Virgin, I believe, but it probaly won't work that you can pool all of your points directly to Delta

@Niiiiiiiiiiiiick525 2 года назад

Do you have any recommendations for credit cards in Europe? Don't know if we have similiar benefits :/

@Daniel_Braun 2 года назад

Good question Nick but sorry, I don't really know much about what credit cards to get in Europe. Its too bad that credit cards can be so different across countries

@Niiiiiiiiiiiiick525 2 года назад

@@Daniel_Braun Yeah it really is. Thank you so much for taking the time to answer anyway 😄 Hope you achieve great succes with your channel!

@niceandflyy 2 года назад

Expect Amex isn’t accepted everywhere abroad lol

@kevinonthank 2 года назад

I actually have both the Amex Gold and the CSP. I just got the CSP and hit the minimum spend and received the 100,000 points. But I struggle to keep the Amex Gold as the Amex Hilton Honors card gives you 5x on groceries and 5x on gas stations. With zero annual fee. But you have to be loyal to the Hilton portfolio. The nice thing with the gold is that sometimes Amex has promotions if you transfer it to one of their partners and gives you extra percentage of points. What are your thoughts? Decisions lol. Awesome comparison video!! New subscriber here!

@Daniel_Braun 2 года назад

Thanks so much for subscribing and welcome to the channel! Glad to hear that you liked the video! I understand what you mean though. The thing with Hilton points is that they are usually valuable at a lower dollar amount compared to the Amex Gold's MR points. That's why I choose to have the Amex Gold currently. But if you are loyal to Hilton and stay there a lot, then I think it makes a lot of sense to prioritize a card like that!

@Goyal_Sahabb 2 года назад

Both seem a close match, but after watching your content. I went with the Chase Sapphire and don't regret this. I bought a phone using this Card without any carrier unfortunately it was stolen. How can I use protection insurance?

@pengu6335 2 года назад

So does Amex cards require extensive credit history? I easily got the Sapphire card from Chase but I applied for the Blue & Gold cards from Amex and they both immediately got declined. What would your advice be? Your video was very informative by the way.

@Daniel_Braun 2 года назад

Interesting, I guess it all varies on your relationship with the bank. I was approved instantly for all of my Amex cards but that may have been due to my credit history and other factors. You could always try calling a reconsideration number to provide more information or explain your situation too

@OMRS1 2 года назад

I’m in the same boat. Chase got pre approval for the csp but when I had applied for the Amex blue I got immediately declined. Seems to me Amex has way higher standards than chase although I’ve had a chase account since I was 16.

@J-Hue Год назад

Is it true that you can cash in Chase Rewards points for cash for spending or is it just for a statement credit?

@gerardoaguilera8307 2 года назад

If I just got the shappire preferred can I use the 50 hotel credits already? or do I have to wait the whole year to have this?

@Daniel_Braun 2 года назад

Yeah if you just got the card after the new changes were announced then you can use the $50 hotel credit right away. I have to wait until my account anniversary date in December to use mine!

@landonmeyer6774 2 года назад

One thing that you didn’t mention with the Amex MR, you can get gift cards that are worth $100 for 10,000 points so I would say the base would be .01 per point not .07 per point

@Daniel_Braun 2 года назад

Yeah gift cards can be a good use of points to get around 1 CPP - it depends on the merchant though. But for the true cash out rate on Amex cards for statement credits, you're getting much lower than 1 CPP

@landonmeyer6774 2 года назад

@@Daniel_Braun true the statement credit is something no one should ever use

@xinruiying5233 2 года назад

I am actually very confused since now chase sapphire preferred has 3-time points on dining, and if you use pay yourself back, you are literally earning 3.75 cents for every 1 dollar spent in dining. I feel it's a clear win for chase sapphire, can anyone explain why not just get chase sapphire.

@Daniel_Braun 2 года назад

That’s actually a good point, however the pay yourself back feature no longer includes dining because that was temporary

@xinruiying5233 2 года назад

@@Daniel_Braun Oh, seems the pay you self back category is limited. Then everything makes much more sense. Thanks for pointing it out.

@ELBarbarro 2 года назад

CSP hands down. Chase UR > AMEX Points

@Daniel_Braun 2 года назад

I love both cards but I really do like the flexibility of Chase points over Amex points as well!

@MortalHuman 2 года назад

I can earn so many more points using Amex gold Grocery and dining categories with our fam of 4 that it's ridiculous, and adding BPP for free I can add another additional 2x category. Every single thing my spouse and I buy right now runs for the gold card for the most part. I just don't see a way to get the value out of the chase CSP card that everyone loves so much. Just the online grocery would kill me. I don't do that.

@8ballandroid 2 года назад

Anybody tell you that you look like Max Verstappen?

@Daniel_Braun 2 года назад

Haha I've been told I look like a lot of people, but I don't know who that is so I had to look him up! I can see some slight similarities lol

@alexchen7729 2 года назад

Your later text for using Chase points still say MR instead of UR.

@Daniel_Braun 2 года назад

Ahh whoops, I messed up haha. Thanks for catching that! I'm sure viewers will still get the point. I copied and pasted the same text in my editing software from earlier in the video but must have forgot to change MR to UR there

@_heykido7031 Год назад

Will I get points back if I buy groceries from sams on either card?

@djpuplex 2 года назад

Considering the amount of no annual fee cards that provide 3-5% back on major categories most people purchase from these cards and cards like them are really only good for sign up bonus and all the " coupons" you get with them. Really not worth it for most people in my opinion.

@Daniel_Braun 2 года назад

Very true, good points because not all credit cards like these are worth it for everyone!

@user-zl1pj5ii1f 2 года назад

Amex gold all the way

@Daniel_Braun 2 года назад

Such as great card and one of my favorites!

@JAA369 2 года назад

I’m team Gold!

@Daniel_Braun 2 года назад

Nice, I really like the Amex Gold!

@williamw8546 2 года назад

I’m in a awkward situation, from my work my work-related travel got reimbursed so I can’t redeem my points to travel, instead it’s better for me to accumulate the points and use it as statement credit, but I’m a new immigrant so I don’t have any credit history, when I apply for chase cards I got rejected for all of them even including no annual fee ones, but Amex sent my gold card right away when I applied. I like Amex gold’s category as I dine out all the time, but it’s kind of annoying for me to use the points since Amex’s statement credit conversion rate is so low.

@Daniel_Braun 2 года назад

Hey William! Interesting, I'm not sure how the work reimbursement works in your situation but that's too bad because like you said, the statement credit redemption rate is very low compared to other options like redeeming for travel. If you want to get into the Chase system, then I would just continue using credit cards the right way for the next few months to build up your credit history. In the meantime, also try to see if you could open up a bank account with Chase to get in as a customer of theirs. Then in a few months, you might be able to apply for one of their Freedom cards as long as your credit score is high enough along with other factors that they consider. Unfortunately, it takes some time (but not too long) to get started with building up your credit as an immigrant. Hopefully some of the other videos on my channel can help! Feel free to ask any questions and I'd be happy to answer what I can 👍

@williamw8546 2 года назад

@@Daniel_Braun thx for the reply, so the reimbursement in my situation is I pay for the full price first, then apply for reimbursement in our system with receipt , then they will wire me the amount with my pay check. Like this month I have roughly 200 in flight tickets , 1000 in airbnb and 500 in hotels. Yes I want to build up my credit first before I got chase trifecta, but how bad will it hurt my credit if I close my gold?

@Daniel_Braun 2 года назад

@@williamw8546 Ok gotcha makes sense! So closing a card will all just depend on your own personal factors as to whether or not it will hurt you score. Since you are a new immigrant, then your credit history is probably not too long. So closing any cards would likely hurt your score based on what you said. But I would do some research to look into the different factors that go into a credit score and look at some no annual fee credit cards as well since they are very useful by keeping open to increase age of credit. It'll take a several months of consistent on time payment history and low credit utilization to help as well. There's some other videos on my channel that may be useful to you but I hope that helps!

@darklordzqwerty 2 года назад

William, you're better off with a cashback CC rather than a amex

@lawrence112 2 года назад

What about the Walmart neighborhood markets? The small green Walmarts that are exclusively for food similar to a Kroger? Are those still excluded?

@EfootballC7 Год назад

That’s the same question I had and I’ve seen various comments of ppl saying that the Amex card will work for the neighborhood wal marts for the points just not the supercenters.

@EnviousS2000 2 года назад

Credit score needed? I have 8 cards, always under 10 percent utilization and got denied last month.

@ancientpho 2 года назад

If you opened too many too quickly that could cause you to get denied.

@EnviousS2000 2 года назад

@@ancientpho I opened two in one month. So how long should I wait to reapply??

@Daniel_Braun 2 года назад

Very good points, even with those numbers, you may get denied if you are applying for cards too frequently. I've usually waited at least 3 months or so between my applications and have never been denied when doing that. I would give it another 2-3 months before reapplying while still keeping that utilization low

@JosueJimenez18 2 года назад

For the CSR the $300 travel credit do you have to use the portal just like the CSP?

@Daniel_Braun 2 года назад

Nope! You just have to use the CSR for any qualified travel expense and it'll credit the amount back to your statement for up to $300 per year!

@deborahanderson897 2 года назад

hello there, I really like my rose gold amex card! I've had it for 5 years now, and I really wanted to cancel it at one point? lol

@Daniel_Braun 2 года назад

Nice! I think the rose gold color looks really cool! I don't think I'll ever cancel my gold card

@ebonipeddie1139 Год назад

If I have CFU is best to get the CSP as my next card?

@HonestyLove85 Год назад

That’s my question as well! I have the Amex gold and it just does seem worth it.

@xxCARZYMANxx9 2 года назад

I couldn’t decide so I got both lol

@Daniel_Braun 2 года назад

Haha, I've got both too! Each is a great card in its own way

@stephenwright133 2 года назад

I’ve received good value from the Chase Trifecta with the CSP. It’s easy to redeem points and has the flexibility to use them for cash, portal, or transfer partner. As others have said, I don’t want to track using credits each month for food or ride shares. That doesn’t fit my lifestyle.

@TylerSinden 2 года назад

Sheeeesh man, you're taking over finance RU-vid. Graham better watch out! haha how many cards do you have though? Is there a such thing as having too many cards?

@Daniel_Braun 2 года назад

Haha thanks Tyler! Unfortunately he probably gets the same number of views every 10 minutes that I get in a day lol. I currently have 7 credit cards but will probably end the year with 9. No such thing as too many in my opinion but I think there is such a thing as getting too many too fast!

@jenniferw8963 10 месяцев назад

My effective annual fee on Amex Gold would be $250. I do grubhub, cheesecake factory, uber lol. So limited. Not a great value if you ask me.

@christerman 2 года назад

So, to get the $120 Ruth's Chris credit, you'd have to spend on 12 visits far beyond what your tip would be for any of those visits. Hmm....I suppose you could just go in for a salad, but why go there unless you are down for a filet at the low end or Tomahawk at the upper? Seems clickbait.

@Daniel_Braun 2 года назад

Yeah I personally think that’s the worst one included on that dining credit list. I doubt many people are going there every month just because of the credit but I guess it’s good to have if you’re there for some reason. Not a very good use of that credit for me though haha

@ardravyakar 2 года назад

I applied in November 2021.. will I have to pay $250 yearly fee now and another $250 in January 2022?

@Daniel_Braun 2 года назад

Great question, no you are only charged once per 12 months according to when you signed up. It’s called your “account anniversary” and mine is in November as well so that’s when I get charged $250 each year.

@ardravyakar 2 года назад

@@Daniel_Braun thank you for your response.. I expect to receive card tomorrow, hopefully I will use it during Black Friday and get some good deals

@brianez1980 2 года назад

Chase keeps trying to get me to get the Preferred. I have the Freedom Unlimited & I use Chase Bank. Can't decide whether I want another card. I'm always iffy about having several cards. Also working on moving to Florida soon & the backup of having it to help with that process is tempting.

@Daniel_Braun 2 года назад

Its a great card to have along with the Freedom Unlimited and Freedom Flex because it makes your points worth more for travel! If you want to get the Sapphire Preferred then see if you can go to a physical Chase branch location to get the 100k point bonus offer and the first year annual fee waived! That's an offer that's out there right now but not advertised too much

@brianez1980 2 года назад

@@Daniel_Braun Thank you for that tip