@@sideeeeeee7870 that was the Premier, the Prestige is their top shelf card they closed applications to a couple years ago but left existing accounts open. Strata Elite is the term they trademarked and is assumed to be an upcoming luxury card release
The ironic thing is that I don't even have any Capital One cards in my wallet because they won't approve me in the first place for having too many cards! 😂 Still love them though, but come on Capital One haha
@@Daniel_Braun Capital One is so annoying like that. They were my first card but I always hear about the crappy practices they have. Definitely don’t want to upset them lol
Really nice breakdown! I love my OG freedom especially because when wholesale stores are a category I can use it at Costco since it’s a visa and the flex is a MasterCard
You mentioned using the Dunkin credit on the gold occasionally - I'm similar, so I set up an auto load to my dunkin account for the 1st of the month. Loading onto thr app still counts for the credit and it allows you to store that value.
Something great about the discover card that I don’t see any talk about is the 10% boost when redeeming cash back for gift cards. Basically redeeming $100 in gift cards will give you a $110 gift card.
We've been to 17 countries this year (returned today from Winnipeg), so Citi Strata wins on rental cars (CDW covered overseas), gas, grocery, and dining at 3X worldwide. Amex Gold doesn't travel worldwide.
Yeah for worldwide benefits, the Citi Strata Premier wins in those areas! Wow 17 countries is insane! I've been to 4 over the past year and that feels like a lot to me haha. Good stuff!
Have you done a video on how you manage budgeting with the spending and making payments across numerous cards? I’m getting into the credit card game and the idea of putting everything on cards seems a little nerve wracking. I know it’s a matter of staying within your means and paying everything off every month but it would be awesome to be able to better understand that process!
Yeah I've made this video on how I use a custom budgeting template that you can download for free: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_JBxP_oz2kQ.html I use that template in combination with Rocket Money now because I have a lot of cards and the Rocket Money app helps me to see all of my transactions in one place really quickly. Then I just change all of my credit card due dates to fall on the same day which makes it easy to make sure that I'm always paying off each one in full. If you're going to have multiple cards and worry about getting overwhelmed and losing track of things, then my best advice is to start out slow and see what feels comfortable. Hope that helps!
Yeah I've got some things planned to focus even more on those! There's a transfer partner guide that you can download in this video ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-uIY268QxEGE.html which has a column for the top transfer partners
@@Daniel_Braun heck yeah that would be awesome - I just moved from a United Hub to a Delta Hub and reorganizing my wallet for what I can redeem that still maximizes convenience is on the top of my mind right now
Great video as usual Dan, I know this idea doesn't fit the typical theme of this channel but would love to have a video where you and Jackie do another Q/A since being married or even a video on the story of how you guys met, would love some to get a look at the other aspects of your life outside of carrying the credit card game on RU-vid :)
I like those ideas! I’m definitely trying to find new ways to work in some more of that stuff as well and I’ve got some videos planned that should cover some of that stuff!
What about the Blue Cash Everyday Card from American Express, I know it does not earn any amex points but still a good card right? Also whats going to happen to the discover cards now that Capital One has bought them?
Still a very good card for cash back purposes! But for me, I'm focusing mostly on earning points and miles for travel and so there's just better options than that. The Discover it works great for cash back right now because of the 5% multiplier as well as the first year cash back match. And only time will tell what will happen if and when the acquisition is completed! Lots of stuff to speculate about but no one truly knows
Not sure if they will change anything with the It card if the acquisition is completed. We'll have to wait and see, but I'm curious how everything would go!
Yeah I personally love when PayPal is a Q4 category. Hahaha definitely going to be posting more pictures of him - just picked him up the other day and he's great!
Initial thoughts are that this could be a really really good cash back option for someone willing to switch over some assets to US Bank. Up to 4% cash back on everything is outstanding! Going to talk about it in more detail once the card launches
Can you do a video comparing the gold card and the sapphire preferred? I’m debating between the two, gold kind of makes more sense for me especially since there is a 90k point bonus rn. But I have 100k+ chase points, so I’m not sure what to do. Thanks!
I personally think everyone should get the Sapphire Preferred at some point to take advantage of at least the sign up bonus on that card. Could always downgrade after a year if it’s not worth the annual fee anymore. If the Amex Gold makes sense with the credits then also a good card to pick up later on as well. I wouldn’t worry about the offers because Amex always seems to running good ones 👍
That was actually only in one video about a year and a half ago where I did that. A bit of a longer story to explain better than I can in a comment haha. But long story short, kind of a misunderstanding on my part and I've continued talking about Discover in plenty of videos over the past year. Definitely always been one of the best cash back cards and happy to have it after all these years! 👍
@@Daniel_Braun It is indeed a great card, especially for students just get the SSN and its cash back match in the first year! Thank you for the content!
Was Discover generous with your credit limit? Im considering either that or the freedom flex to complete my chase trifecta but unsure which one to get first. I got an invitation email for the flex recently.
They were pretty good - got a $10,000 limit but I don't really need anything super high. I think the Freedom Flex is the better card overall because the points are more valuable than cash back if used correctly - but you I think it's worth it to have both cards in the end
Just mainly using the Ink Unlimited, and occasionally the Ink Preferred. Haven't used the Ink Cash much lately - but the sign up bonuses on all 3 cards have been great!
Hey Daniel. This was a really excellent video. I’ve been going back and forth on the Amex Gold, so I especially appreciated your analysis of that card. Mine just renewed at the $250 rate, so I’ll keep it for one more year. After that, not so sure. And I’m glad you finally went for the Discover card. It’s hard to beat the first year match, and there are inevitably a few 5% categories during the year that I use. And as always, your graphics are on point! Take care.
Thanks so much Anthony! Glad to hear that you were lucky enough to get the $250 renewal because I missed the cutoff by about a month haha. Definitely hard to beat that Discover cash back match. Thanks for saying that about the graphics as well - my editor is crushing it!
I was shocked at your positive take on the chase quarterly categories for this quarter! I thought it was complete garbage. But I get what you’re saying. I was hoping for Costco which was last quarter last year. I finally got a Costco membership recently with the chase $20 back with new Costco membership. They really tricked me !!!
Yeah personally I've always found the Q4 PayPal category to be one of the best on the Freedom Flex - but obviously going to be different for everyone depending on spending habits
Not sure honestly because the card is still new. Could be an option after having it for 1 year, but product changing under 1 year is usually not an option. I was able to product change my Wells Fargo student credit card to the Active Cash, so they do allow certain product changes
Citi Custom Cash could be great for Home Depot actually! 5% back (really 5x Citi points) per dollar on $500 of spending in top eligible category each billing cycle. And home improvement stores are one of those categories. So if you use the Custom Cash for only Home Depot purchases then you’ll lock that in as you’re highest spend category by default. If not that then yeah a simple 2x card can work just fine as well. I think theres some others that offer 3x on home improvement stores potentially too
@@Daniel_Braun Oh nice! (Context why I was jokingly asking, Joe Barreto mentioned you on his live stream how tall you were and how Spencer wasn't haha)
Haha I figured it was probably something in reference to the New Orleans meetup! Yeah I’m definitely taller than most people expected when I met everyone in person 😂
@@Daniel_Braun man, I have been living in US for 7 years, and never thought about Credit Card game, I had only 1 Chase card and 4k limit, but then I looked at other bloggers who came only 1-2 years ago to US and they already have 15k+ limit, then I found you, and learnt everything about Credit Cards , in 2024 I applied for 3 cards, Amex Blue, Apple Card, Chase Sapphire Preferred, now I have 30k+ limit, and 760 credit score, I’m 35 years old, thanks for sharing really important information 🙏🙏🙏🙏
I’m glad you’re jumping on team Discover Boss 💪🏾💪🏾💪🏾 Just one question, do you find any value in Bilt Status??? I’m currently on Blue Status and need to spend $3,000 more, excluding rent, in order to move up into the Silver Status…
Personally I have Silver status until the end of this year and I haven't found it worth it for my uses. Some other people may find value here and there with higher levels of Bilt status, but the only thing I would really want is the elevated transfer rates. Only problem is that those occasional elevated rates are on the first day of the month only and I don't really like to transfer speculatively (prefer to transfer at the time that I need to book and find award space). If you can pretty easily and organically reach Silver then it could be worth trying out, but I'm not personally in a rush to reach status for next year
@@Daniel_Braun I really appreciate your insight on the Bilt Status structure!!! I’m got the card originally to have access to American Airlines😩 and Hyatt until I’m able to apply for the Chase Preferred in July of 2025…
Something great about the discover card that I don’t see any talk about is the 10% boost when redeeming cash back for gift cards. Basically redeeming $100 in gift cards will give you a $110 gift card.
Yeah my wife has done that before when she's had cash back and was planning to spend money on something covered by the gift cards they offer. Definitely an underrated option, so thanks for commenting!
If you watch the whole video you'll see that I give new context for different updates in my wallet setup. I understand that I make these wallet updates every quarter, but I only keep making them because people choose to watch them. If that ever changes then I'll stop making them, so it's pretty simple. No hard feelings if you choose to pass on watching these wallet updates, but just wanted to give you the full picture of it 👍
@@Daniel_BraunIt's easy to focus on the haters. Don't pay him too much attention. IDK what he's expecting, as if you would be rotating out 5 cards every quarter. I personally find these updates interesting and the consistency adds credibility, if anything. Some of these other RU-vidrs are out here chasing every new card that drops with affiliate links and it's impossible to know if they're actually giving out tips or selling something... Anyway, thanks for the video Daniel! I always appreciate these. Best of luck to you and P2 on next year's house hunt!
@@HspncAt7heDisco Thank you for saying all of that! Yeah I like to say that my message has always been very consistent in my content, and it's all out there going back to 2021. So to me I think these wallet updates are valuable to make and I've organized them into a playlist as well. Thanks again - and yeah hopefully we'll get a good house if everything works out well next year!
Five guys is loaded with peanuts everywhere and peanut oil - and unfortunately I'm deathly allergic haha. So never gonna use that, but I do use Grubhub from time to time. Very rarely though so I don't value it in my expectatons
Buying a house next year could be a great idea! Rates are starting to go down and inflation too. Great cards and strategy Daniel, thanks for the detailed overview!🫵
