Thanks for tuning in! Want to get in on the bank bonus hunting game? Checkout my second channel - kzread.info/dash/bejne/gZqDwch_g6beeLw.html

I really like these kinds of videos. I like all the different perspectives. I also think most credit card KZreadrs are team cash back and I also think most beginners or entry level gamers are team cash back but……. I think the travel game is just so much more interesting with all the complications and customizing. I’ve been tempted by team cash back many times but for me, my main motivation is to make sure my little boy is well traveled and also, well, I was a sailor so it’s in my blood to travel. Great video RJ - I love your style.

@RJFinancial

Жыл бұрын

Appreciate it sir. I think travel is the most interesting do to all the options and ways to redeem. Cash back is fun as you can find a lot more cards due to the fees being low to $0

I really liked how you begged the question "What is valuable to you?" You don't hear many KZreadrs ask that question. It's a practical and sensible question.

@RJFinancial

Жыл бұрын

Thank you sir. That's the big piece that gets lost. I know you can value the new marriott 85k cert at almost $1k but if you'd never book that nor aspire to do so, then what is the true value of it to you

@landocalrisian2014

Жыл бұрын

@@RJFinancial 🎯

This is why i like this channel. I don’t travel. Personally, i was a over the road driver for many years, I’m traveled out. I run my business with cash back credit cards. My cash back each month will generally cover 1 utility bill. That’s useful to me. The majority of credit card videos is about travel, and as a fan of the credit card scene I enjoy watching them sometimes, but I’m only looking for practical daily use cards.

@RJFinancial

Жыл бұрын

Travel does get the cooler redemptions and more popular cards. I think a lot of people ignore it’s also about how you travel and redeem. I do like going places but when I do my goal has been to not pay cash. I’d rather get more use of the points than one major fancy trip.

RJ, prodigal team cash member, …if you don’t have luck with your cash reaches, our Team Travel will always welcome you back ,….you will see that upon joining Team Travel again, we will welcome you with loving arms. We will be overwhelm with joy after your return, and we will hold a feast in your honor.

@RJFinancial

Жыл бұрын

Haha, I appreciate it team travel captain. I believe I'll be back one day... there is a limit to how many displays a Mac can run, then what will I redeem for?

Your points are so valid and it all depends on where you’re at in life. Also, cash back is extremely tangible whereas travel is based more on how involved an individual wants to get in the credit card game. I love having both options so when I want to travel I can and I can use the cash back for things I need on a daily basis. Thanks as always for the video.

@RJFinancial

Жыл бұрын

Thanks, that's one of the things I struggle with on travel side, what is the true value of X redemption... hard to say for me at least. Both is ideal, like a CSP or venture x to support could be nice

@IIIShizzyIII

Жыл бұрын

I disagree with this sentiment. Getting involved in the cash savings game, one can easily do the math and find out that the stuff that they purchase with points, you end up spending a premium because of the limited partners they have. It would always be cheaper to simply get a cheaper alternative, whether its a cheaper hotel room, car rental, airline, etc... and get cash back on that smaller portion rather than spending more.

Man this was a great video. Spittin pure FACTS! For me a hybrid system works best: mostly cashback cards with a few low AF travel cards that offer flexible currency & good insurance/protections. This is my current setup: CSP + Citi Premier for travel, dining, gas & grocery CIU + Paypal + Discover Miles for my "catch all" category Amazon + Target Redcard + Lowes for specific 5x shopping In future the Venture X may replace my CSP & Premier.

@RJFinancial

Жыл бұрын

Hey thank you sir. Venture X has come up a lot here. May be the best one and done travel card. I’ll have a few if your cards as options in the coming cash back setup vid. As always great cards and thanks my man

I have a similar mindset! I prefer cash back but like to travel occasionally. The only higher annual fee travel card that appeals to me is the Capital One Venture X. The credits are easy to use which makes the fee an easy wash and it has good perks and lounge access.

@RJFinancial

Жыл бұрын

That’s the best one and done travel card. Pair it with the savor card and it’s a good setup that can walk both sides of the game

This is why I love Chase so much (AKA, "The House of Dimon," as you say. :) ) - I can build up those UR points, and up until the very moment I decide to use them, they can be points, OR they can be cash-back at never less than 1 cent each. The flexibility is great.

@RJFinancial

Жыл бұрын

They are my favorite tho I'm starting to like Citi as well to help round it out

I would love to see that 5% back on everything video. The key point you made for me is that yes, you earn more by maximizing travel rewards, but you are earning more on things you probably wouldn’t use at all if the rewards weren’t available. Luxury may be what you want sometimes, but over time you will spend more than you would if you focused on economy travel. The FHR program (for example) can save you $300+ per day at a really good hotel over the on paper pricing. And that is before you count the hotel credits and the free third or fourth nights. Sometimes you might want that. But you could also stay at a $100 per night hotel and still have a great vacation by spending your time and money doing stuff outside of the hotel, which is usually the point of the trip anyway. I go back-and-forth between looking for travel rewards and cashback. I definitely get value from travel rewards, but there needs to be a balance.

@RJFinancial

Жыл бұрын

Video is on the list. I agree with the point as well. FHR is a good example. I liked the program but since it's not something I would normally pay for, it's hard to say I get $300 of value from it.

This is the video I've been wanting to see. I jumped into the pool with the expensive travel cards (I'm military, so I don't have to pay the AFs at least), and now I'm realizing, for me, I enjoy cash back better. I don't think travel is wrong or whatever, but I just think of the time value of money - a dollar today is worth more than a dollar in the future. There's also the fact that, for me, my points just sit there doing nothing. I think if I would cash them out, I at least can get a couple percentage points on them, or even spend them on anything that I want. I guess you could boil it down to flexibility; that's what I like about cash back.

@RJFinancial

Жыл бұрын

All good points. I'm also committing to cashing all my points out once per year, likely end of year. It's a safer play as you don't want to leave them with the bank for too long. And might as well use them for stuff. Flexibility is a key to your point

Hey, you found a good use for your B-roll footage of a Spring Hill Suites! (I do the same thing -- I kinda know that no one is going to care about my standard Hyatt Place room, but I video my hotel room anyway!!! 🤣 )

@RJFinancial

Жыл бұрын

Haha finally came in handy. Look how lame my room is! I did a vid on it years ago and it tanked hard... no over water villa I guess

@DugrozReports

Жыл бұрын

@@RJFinancial I travel solo 3-4 times per year, and a basic room is "fine." :)

Your the only credit card channel that I know of that doesn't go boo over using cash in a hole-in-the-wall restaurant or other type of venues. Of course like you mention you also have a bank bonus channel.

@RJFinancial

Жыл бұрын

Gotta carry some cash. I don't love it but I get why they do it. My barber does it. I will say if you're gonna do cash only then charge even dollar amounts to make life easy

Cash back is the easy set it and forget it. Regardless you know the value you’re getting and you’ll always be able to use cash in any scenario.

@RJFinancial

Жыл бұрын

I agree. I find it hard to say I got X value from travel redemptions. Usually I’m trying to avoid spending my own money

Cash is KING! So for me I'm both, last year did the cash back route this year I did the travel points. So in Dec I will be spending 10 days in Cabo. The cost free. From free airfare business class to free resort and cash to enjoy it all. So for a little work using the cards you recommended in the last two years I'll be off to Cabo and if you get down there I'll buy you a Margarita So yes Cash is King but the knowledge you give us on your channels is priceless! Thanks so much RJ for what you do!

@RJFinancial

Жыл бұрын

You got it sir. The good thing about most cash back cards is they don't have fees, so you can swap out to the travel set up when needed and not occur costs from the cards you have. Always about building the setup that works best for you. Safe travels my man

@ascubapro

Жыл бұрын

@@RJFinancial Again thanks so much for the things you do. I'm a apple fan myself and those Apple screens are awesome and better yet yet if you can use rewards to pay for them.

Thanks for giving your personal take on your strategy RJ! Credit cards are always so personal so it's nice to hear your reasoning for being cash back. I'm a hybrid setup, but lean more towards Team Travel. Hope we can still be friends, haha! Great video! Looking forward to your future video on your take on the best cashback setup!

@RJFinancial

Жыл бұрын

You're still a friend of the channel sir, no worries!

RJ! The people's CC You Tuber! I've tried the travel road, but, like you, my style of travel doesn't fit well with the Platty CSR. I do the BofA Platinum Honors 5.25 - 2.62% route for cash back and supplement it with some other 5%ers and I'm good. Would love to see your cash back strategy. Keep up the great work. Love your style.

@RJFinancial

Жыл бұрын

Interesting, I've thought about doing platinum honors. Maybe moving a 401k over next time i change jobs. Cash back vid is in the works, thanks for stopping by sir

Would like to see your cashback setup. I do something similar were i have 3 cashback cards but keep a CSP on me bc i dont travel in a way that travel portals and points would benefit me much

@RJFinancial

Жыл бұрын

I'll start working on it. I have most of the cards. I'll likely do the video with all the options and talk thru some use cases but I think 4-5x on almost everything is doable

Yep! You can get whatever you want and pay for whatever you value most. Team cash back - go!

@RJFinancial

6 ай бұрын

This is the way

“You can’t fit four people in a Ferrari!” 💯💯💯

My current cash back set up: 2% Apple (first card) PayPal Dining 3% Chase Freedom Flex WF Autograph Gas 5%~3% Citi Custom Cash WF Autograph Shopping 5% Chase Amazon My current hole is in Grocery, i plan on getting the Amex blue cash everyday next for a 3%

@RJFinancial

Жыл бұрын

Check out the AAA cards. There are two of them and one gives 5x groceries u pro a limit but no annual fee. You don’t have to be a AAA member either. It’s cash back

@harryallenpearce89

Жыл бұрын

@@RJFinancial Thank you very much for that tip!

my goal is to build a super robust cash back setup that can change if my spend patterns change. after that ill start the travel game (mostly with SUBs) with my cashback setup to fallback to if I find travel isn't in my plans

It really does depend on how you if you travel, how you like to travel and how often. If you're not flying - a lot of these CCs aren't worth it at all. But if you can maximize the perks + benefits....... 🏆🏆🏆 Thanks for the info + video!

@RJFinancial

Жыл бұрын

Well said sir, thanks for watching as always

heavy cashback system with a hint of travel is nice. I can see running pure cash back with 1 or 2 "keeper" travel cards like chase hotel cards or CSP/Premier and maybe gold?

@RJFinancial

Жыл бұрын

Think that's what I'll end up doing. CSP most likely. CSR maybe or the Venture X could also be good options

@kcihtred2

Жыл бұрын

@@RJFinancial you can almost make it cost neutral. Year 1 csp, year 2 upgrade to csr, year 3 cip. Then year 4 to use someone else.

Travel points are too much work. Not interested in spending hours moving points/miles around.

I'm glad others view it this way! 22 cents per point is great for a yolo once in a life flight... but maybe 4-6 regular plane tickets is worth more to some people.

@RJFinancial

Жыл бұрын

More worth it to me for sure. I don't think the fancy seats are that much better. more comfortable sure but is it really worth the money?

I’m with you, I don’t fly for vacations as I don’t need to, live centrally located and Florida, Texas, Chicago, Virginia, etc…are all within driving distance for my family, making it cheaper also. We get a lot of Marriott hotel points from work (regional travel job) so that’s always free. Other than gas, dining and events that’s all it costs us. The CSR gives me 1.5x back towards dining so that makes the Chase trifecta worth it covering gas and dining (we spend a lot on travel dining). I ala cart the other cards based on what get us the most cash or credits back (Amazon, US Bank cash+, Amex BCP, and a few others). Amex green, gold and Platinum gives us no value that we don’t do better elsewhere. Premium travel to me is a waste.

@RJFinancial

Жыл бұрын

Work points are underrated honestly. I use to hit a few minimum spends during work travel and doing expense reports. I do like the CSR still, i could see keeping that one. I don't love the Amex cards as we all know lol.. too much silliness. I'd go venture x

Yes I totally agree with you. Lounges are very good if you can actually get in, but I lately was out of luck, they either open after I've gone or closed before I come. To Get 4 business class tickets to Europe requires hundreds of thousands of points and lots of spending . I also lean more to cash back. If you are flexible and flying alone you can get tons of benefits, but if you have a job and family, forget it.

@RJFinancial

Жыл бұрын

I liked the lounges too but I found it hard to put a value on them. They do come in handy from time to time but not worth carrying the cards long term. Maybe the Hilton Suprass that gives you a few passes per year

Great video RJ!!! I value travel more than cash back but you're definitely right, just depends on how you travel, also, when you look at it, most of the good cash back cards are with no annual fee, which make it easy to apply for. I used to be cash back but I saw the potential to travel biz/first class so I switch to travel instead. My first few months of accumulating miles/points, my wife and I used it to travel to EU for biz class and after that, we're hooked. Good point though. Appreciate the update RJ!!!

@RJFinancial

Жыл бұрын

That's the way to do it. P1/P2 strategy for travel makes a lot of sense. For solo, you could probably buy Delta GC's at 5x and call it good enough lol.

Always insightful, RJ! I really like that you emphasized what the value of cash back vs. points means to you. What works for one person could be a completely different situation for someone else. We all have to maximize our spend to fit the strategy that aligns with our goals. Great stuff man!

@RJFinancial

Жыл бұрын

Thanks, I think that's an overlooked point in a lot of these videos. Sometimes we have to realize that we do have some level of influence on folks so we gotta be honest about it and hopefully that helps people

I have historically been team cash back. I think that if you are more of an economy traveler the points game is less interesting. Cash airfare is pretty inexpensive and you have lots of flexibility. If you want to fly up in front *and* would be willing to pay more to do so the value of the points game can be enormous. Long term I think optionality is what to go for. Cards like the double cash or savor one are great cash back cards but they can also fuel a points based setup

@RJFinancial

Жыл бұрын

I started buy Delta GC's at 5x cards and that's close enough to the same thing when flying economy. Front of the plane is nice and for sure better but not so much so that I'd pay for it.

@jarrod499

Жыл бұрын

@@RJFinancial yeah but your priorities can change over time. I like international travel. A few years ago I paid for a (surprisingly affordable) premium plight to the Uk on Norwegian Air. I found that I adjusted to the travel much easier than my prior trips and I attribute it to the better flight experience. So I’m willing to pay some to get a better flight, this I shifted toward a hybrid points CB setup.

Thanks! 👍

RJ, What a great video brother. I am cash back myself. When you have a family of 5 and 3 small kids travel isn't very appealing to go to airport and on airplane. Although I think I need to refresh my Cashback setup and start to clean out my wallet and get on track again. I did make back almost 700 bucks from the first year discover card cash back card matches. Always appreciate the videos and the content man. A great video of your best opinion of the best Cashback setup would be awesome man. Always a friend of the channel 🤔😃😄😀

@RJFinancial

Жыл бұрын

I see those family people at the airport and it looks like a terrible time. Feel like it's more work than simply staying home and going to work. I'm working on the cash back setup vid maybe for later this month. Wallet Q4 on Friday will have some spoilers

If you are a budget traveler, don’t travel much or have a young family cash back is the way to go.

@RJFinancial

Жыл бұрын

Kinda where I'm at with the budget thing. Even with a lot of points, I want to maximize them by amount of trips, not awesomeness of trip I guess

I’m both team travel and a low spender. I just find that with the sapphire preferred, it takes me one redemption at Hyatt and one trip to like a holiday inn for the credit to offset the fee, and I probably spend a dozen or so nights a year in a hotel. I agree with stretching points, I pay for flights with cash so I can reserve my points for hyatt. Basically what I’ve found is that it takes very minimal effort to get the maximum value from my spend on low AF travel cards

@RJFinancial

Жыл бұрын

I’m with you. I’ve even started buying delta gift cards with the 5x categories to rack up points and get a better multiplier

Good points RJ! But I'm team travel all the way... unless of course I'm getting 10% back of more😀 Luv the flexibility of points currency, and chasing that "outsized value" proposition.

Would like to see what card set up gets the most cash back with the least annual fees. Thanks for the content!

@RJFinancial

Жыл бұрын

Enjoy - kzread.info/dash/bejne/X6Csw8iTlqnWqLA.html

The travel side of the credit card game is a lot more “up in the air”. Pun intended😉 In reality, I don’t have much of a clue as to what my points are really worth in my account until I use them, but for me, I have confidence that I’ll get more than the general 1cpp you get from cash back, and that’s why I’m on team travel for now. I can definitely see the appeal to team cash back though and you did a great job of explaining your stance on that in this video. Thanks for sharing RJ!

@RJFinancial

Жыл бұрын

Lol that was a good movie to for the road warriors. The value thing is hard. It's part math and part "what would I have really been willing to pay" when I do travel I mostly want to avoid paying cash.

@SpencerJohnsonOfficial

Жыл бұрын

@@RJFinancial Haha I haven’t seen it I’m embarrassed to say. Guess I’m not a true road warrior. But yeah I agree with you. I like to say I’m team travel mainly because I’m hoarding my points until I travel again next but I’ll do what it takes to not pay cash as long as I get reasonable value from my points. I may join the dark side one day though, I wouldn’t doubt it!

You hit it spot on with this video and I personally think most people would benefit more from a simple set of cash back cards, the KZread space is disproportionately represented with team travel players, for a while I thought these guys are just paid sponsors for Amex and chase lol

@RJFinancial

13 күн бұрын

I feel like it’s affiliate links and the perception that fuel the push towards travel cards. Granted, I have links too but all the videos are basically to sell cards. As a result we miss out on some really good cards because they don’t offer affiliate money. Those also in fairness get less views Either way, glad to have a fellow cash backer here

Whats up RJ! I've been team travel since I got heavily into the credit card game since 2020 but more since late 2021, but to be honest in 2-3 years I will simplify into 4-5 cards instead of 10-15. I carry the Plat, MS Plat, VX, and CSR and realistically this isn't needed. I'm not a big fan of airport lounges. I will get the Citi Premier in a month and test out their ecosystem so I could get an idea of all of the Big 4, but in a couple years I want to be loyal to 1-2 issuers. Been to 6 new countries in 2022 all on cards with little cash, its a lot of fun. I tallied up my bank bonuses, by next month I will be at $9040 in bank bonuses opened only 14 accounts. Both are fun hobbies but the bank bonuses are FREE lol

@RJFinancial

Жыл бұрын

I have an account on Thursday that could get you $2k... it's a brokerage account. The travel game is still fun and awesome. One day I'll likely return to that side. Still don't love all the AF cards but hey if it works then safe travels sir

I just shared my What's in my Wallet video, and I have more of a Cashback mindset as well. In the churning game, I've got more points than vacation days! So why not cash out leftover points and increase my net worth!

@RJFinancial

Жыл бұрын

Haha I’ll have to check it out. It’s funny cause I’m also maxed on vacation days so you’d think travel would be my friend these days

Welcome to the club! 🎉

Gotta love that 2 cents a point redemptions on a trip to Des Moines or Cheyenne. Cash is king.

@RJFinancial

Жыл бұрын

Lol I think i've been to Iowa once maybe... cash can get me even more monitors and no beaches so I'm all in

Cash is great, can spend it anywhere, invest it, or pay for travel with it! For me, one of the reasons I prefer cash back is that I travel so much for my job that when I go on personal travel, I can likely pay for it with points from the work travel. So getting additional points has limited value for me. I do like the perks that make this travel more enjoyable (so lounge access mainly) so want something that gives me at least Priority Pass. And Amex has made me really like the Centurion and Delta lounges. So if Amex can give me a good retention offer I'll keep the Platinum though focus on cash back for the rest of my credit cards.

@RJFinancial

Жыл бұрын

Makes perfect sense. Amex was fairly generous with offers last year. If not, drop it and get the biz or CS version for another bonus and basically the same card

@rffinances8567

Жыл бұрын

@@RJFinancial Well I'm already on the CS one, though I hadn't thought about the Biz as an option too. That would give me another year of basically free benefits.

Great video RJ! I’ve always struggled with this myself but u helped me with clarity on it

@RJFinancial

Жыл бұрын

Hey, that's why I think these vids are important. I can't be the only one thinking about this all the time lol

Unless Amex Platinum gets some kind of easy to use $200-300 credit on top of what it already offers, I’m staying off team travel (except for sometimes churning welcome bonuses before a large purchase/travel expense). Wish that the Amex cash back redemption was at least 1 cpp rather than 0.7 cpp. Chase sapphire cards also didn’t make enough value for me to continue beyond year 1.

@RJFinancial

Жыл бұрын

Ah they love the silly credits. I think they’ll add more but the partners always want something hard to use or at least hard to use. Venture X maybe the best standalone travel card

Using chase ur for team travel the rest like us bank boa custom rewards Amazon prime credit card ect as team cash back.

@RJFinancial

Жыл бұрын

I agree. I'll likely add a CSP in the future to balance it out. Maybe CSR, depends on how it goes

I'm pretty much the same way. I feel like the CSP gives me all the travel coverage that I need for an effective annual fee of $45.00. I have the Citi Premier which I mostly got for the signup bonus because I had a lot of spend on the immediate horizon and wanted to take advantage of the opportunity to earn a signup bonus, and I tried playing with the Citi travel portal and I didn't like it all. I heard that they're revamping their travel portal so that could change but for now it wasn't a good experience.

@RJFinancial

Жыл бұрын

They’re supposed to be relaunching the portal but they didn’t tell any of us… typical Citi move. I tend to feel like they should stick to cash back. Get rid of the hotel credit on the premier and make it a cash card like the DC and CC

you are legit one of the few people that talks about this. I don't really value the coupons either cuz I don't really use anything. You really have to calculate it and actually think "is this valuable for me?" instead of just telling urself that you made it on a first class flight so it has to be valuable. A first class flight is nice but its only like 16 hours at most yk

@RJFinancial

Жыл бұрын

Thank you sir. These are the questions that get skipped over. We do have some level of influence or at least awareness on these videos. We gotta talk about this stuff to do the people justice

USAA had the limitless cash back card from like 2017-2021/22? in a few states. best card ever. 2.5% back on everything. obviously they didnt make money on it and they ended it. RIP.

Gimme dat cash, that cold hard cash, gimme it back, so much of it back.

I'm mostly team cash back. Only card I have that doesn't earn cash back is the gold. What has me leaning more towards cash back is the fact that you can't use points for travel whenever you want, its based on whats available. Won't lie, its been hard to use my amex points the way I want to. I did finally use some points to book some one way flights to Montreal last week. But cash back is way simpler

@RJFinancial

Жыл бұрын

I wanted to like the gold card. Problems is to earn mr points is it costs so much to run the Amex setup. Cash back is simpler because you really have to do the homework to get those high travel redemptions

Same. Team cash back for now.

In this economy it’s all about the cash back. With that said, no annual fees cards. Basically just pay cash and burn everything 😂

Agreed. The amount of trips> quality of trips usually

Thanks for sharing!

I have my second Custom Cash card on its way, Team Cash Back

@RJFinancial

Жыл бұрын

I'm jealous but happy for you! Just got the DC, in one years time hope to flip it to a second CC

I agree that credit card KZread is all about luxury and points and miles mostly. I can only think one cash back KZreadr. Im also rethinking about the points and miles. I’m thinking flexible currency since I been I spent six months on a business trips this year. I just like the option of cashing my points out or travel.

@RJFinancial

Жыл бұрын

I'm gonna guess the Proud money guy. I like him because he'll talk about anything and he seems to be a cash back fan. I don't catch every show but from what I've seen at least. Flexible is likely the way to go. To me that's either the venture x/savor or a chase set up. Venture only needs about one trip to pay for itself and chase walks both sides of the line well

@LukesPointsandMiles

Жыл бұрын

Proud money, mark Reese, RJ, plymale. I feel like team cash back is well represented. I’ve always felt like KZreadrs well predominantly cash guys and some of the team travel were almost posers.

@125henni

Жыл бұрын

@@LukesPointsandMiles i don't think Mark Reese is cash back. 🤔

@LukesPointsandMiles

Жыл бұрын

@@125henni very recently he stated several times he is primarily cash back and points secondary.

I really like my Hilton Aspire + Delta Reserve setup, because I use all the perks naturally. I've even used $200 in my airline incidentals by just using the Aspire for air, I don't even worry about it. I have mixed feelings about the Personal Gold, because while the credits are a annoying, 6%+ back is better than anything cash back. I actually only have 2 cash back cards these days, or maybe 3 after I apply for Synovus.

@RJFinancial

Жыл бұрын

The gold works due to how you can use your MR points. Credits are silly but if you're hitting the groceries hard then I'd say it works, tho it's not my favorite card. It does play well with your two main amex cards

Great video!

BoA has the best cash back set up

@RJFinancial

Жыл бұрын

Don't hear that too often. Did you see the promo they'll be offering on 11/5? Giving an extra 2x to the base multipliers on their cards for one day

Monitors over Hawaii!?!?! Yeah i’m out ✌🏽… jk this is a fair and interesting perspective. Respect

@RJFinancial

Жыл бұрын

Lol I went outside to get the mail today

Love this video bruh. At the end of the day we're all winning. If you chose to use your points to buy a new computer then guess what? That $6k you did not have to spend out of your pocket.

@RJFinancial

Жыл бұрын

You nailed it, so long as we're using the banks money everyone is doing well

Thanks. For the most part I mirror your thoughts on the game. Currently swinging back to a cash back setup. I’ve got the cards. Dealing with the monthly payoffs are a pain. Looking for a easy way to do it. Perhaps tied to a direct deposit account? Most credit card bills are consistent due to caps and spending habits. Really, the best bank/credit union to facilitate? Would love some guidance.

@RJFinancial

Жыл бұрын

Easiest way is to request a specific due date from each issuer. line them all up one date. Then spend 5min paying them from whatever account you want. I don't think there's much difference in where the bill pay comes from.

FYI 5% groceries is back baby; going for CFF & CFU updated bonus ; give me some luv~~

@RJFinancial

Жыл бұрын

They brought those offers back? That’s awesome. Gas was ok but these are better and easier to max. Thanks for the tip and go get ‘‘em sir

@callmeNeno

Жыл бұрын

@@RJFinancial yes , Sir!! Even better than first time around on groceries

@callmeNeno

Жыл бұрын

@@RJFinancial approved today for CFF. One more card needed for the trifecta; officially back at 5/24 until next year. Had a great year getting CFU ,Chase Amazon , CFF.

yes would definitely be interested in your CB setup👌👌

@RJFinancial

Жыл бұрын

It's officially on the list!

A video on maximum cash back setups and strategies would be good. My cards are 3% cash back cards... Navy Federal more rewards amex, the Wells Fargo autograph card, as well as the Wells Fargo active cash card for 2%.I don't have any 4% or 5% cash back cards yet. And I feel like the 5% cars that operate by categories limit your cash back. That's why you need multiple of them or your cash back earnings drop after the limit is reached. Just an opinion. What's your perspective though?

@RJFinancial

Жыл бұрын

Video is now in the works my man. The category cards do limit you. There are some like Amazon or the Ink Cash that can help offset this but you are correct. That's why we all want multiple freedoms and custom cash options. Still worth it to me as I don't mind the gift card game

@DL-1

Жыл бұрын

@@RJFinancial I got you. Thank you I appreciate that video in advance. I was feeling several things you said in this video. I laughed out loud several times cause I could relate to what you were doing and why. Thanks again bro. Your presentation skills are sharp as usual. Great work.

RJ, all things being equal, would you buy the Ferrari or the Tahoe/Escalade, and would you use a charge card to purchase your choice? Weird question I guess...

@RJFinancial

Жыл бұрын

Haha all my driving is done solo so I'd go Ferrari in a perfect world (obviously can't be your only car) If they'd let me I'd put a portion of it on a card. Wouldn't have anywhere near the funds to pay that balance in 30 days tho lol

To each their own but i prefer travel cards over cash back. Maybe in a few years when im old and done traveling ill get into cash back

@RJFinancial

Жыл бұрын

All good, I think I'm in the minority. Plus this game is all about building the setup that works for you. Options are a good thing and we have a lot of them

@DCGEMINI202

Жыл бұрын

@@RJFinancial very true

Thanks

Cash back is a no brainer during an epidemic or inflation.

@RJFinancial

Жыл бұрын

It's a good point. I was thinking about my Delta card coming due in a month or so. Part of the reason I killed my AF cards last year was because it was looking like we may take a downturn. I work in the mortgage world and we've been getting hit hard. Decent time to cut expenses just in case.

@callmeNeno

Жыл бұрын

@@RJFinancial tell my about it !! I am getting hit hard Schwab Brokerage & M1 Finance. But keep buy while it’s low

I prefer Cash back instead of earning points or rewards

@RJFinancial

Жыл бұрын

Cash back is the way to go for most people. Really have to be doing some serious travel redemptions to get the values that you see advertised

Hey RJ, when will I get my cash back from the Federal Government? Taxation is Theft!

@RJFinancial

Жыл бұрын

More Trump bucks?

Good one I'm team cash back

Team cash back

I would have to say I’m much more cash back.

@RJFinancial

Жыл бұрын

Good man

I'm absolutely Team Cash Back. We should sell T-shirts. lol

@RJFinancial

Жыл бұрын

That's when I know I've made it, merch shelf on the channel. We could come up with a few good puns and inside jokes

@williamgoodpaster5689

Жыл бұрын

@@RJFinancial absolutely.

Since me and my cousins do at least 1 vacation a year and doesnt matter to me first or busines class i will use my poor man chase trifecta (cfu,cff,csp) to at least help with the cost, or maybe just buy the galaxy s23 ultra since i dont like the beach neither 😅😅🤷‍♂️🤷‍♂️

@RJFinancial

Жыл бұрын

Ha I love it. S23 much better than sand. I'd like to try the folding version as well, always looks cool

@erlobox20

Жыл бұрын

@@RJFinancial im just waiting for the technology on the fold gets to a point that im like yes this is the one lol

Apple monitors > Hawaii??? When was your last drug test??? 😂

@RJFinancial

Жыл бұрын

Haha I'm not one for the outdoors past going to the mailbox

@LJ-yl4zy

Жыл бұрын

@@RJFinancial we have to get you in the friendly skies !! You ain’t team travel because you ain’t tried it!!

Computer monitor better than a beach...? Nerd.

@RJFinancial

Жыл бұрын

Accurate

Nah, your not my type, but if you make your videos less personal and more informative?

@RJFinancial

Жыл бұрын

For conversations sake... the majority are informative (or so I've been told). Checkout the channel page. Lotta stuff organized by topic or issuer. On occasion we have to talk about real world use cases. If not, it's information sure. But what do you do with that info without some additional context?

Venture X pays for itself with lounge access and pays 2 points per dollar and deals thru the portal Best travel card for team cash back imho

@RJFinancial

Жыл бұрын

Venture x + savor rewards is a winning combo that walks both sides pretty well. I'd agree with you, especially for folks who don't have roots in one card system yet.

C.R.E.A.M.

@RJFinancial

Жыл бұрын

Took me a min but I got it lol

I'm team SUB! I have a lot of biz spend, so playing the game is easier. Quite a few INKs and Biz Plats, but my juiciest cash back was the Capital one Sparks Cash Plus 3k SUB, plus 2%, 50k spend. So $4000 back on 50k, 8% cash back on 50k spend.

@RJFinancial

Жыл бұрын

Ah I remember that one. I’ve always wanted to see the ink preferred 160k bonus for however munch spend. Maybe $50k. It was for small business month one year.

@alfredhewitt3761

Жыл бұрын

@@RJFinancial I did one of those big INK offers before, had to talk with a Business Relationship Manager from Chase to get it. Not sure if they are still doing those anymore.

you talk too much.

@RJFinancial

Жыл бұрын

You could pause it. Then we could look at each other in silence?

I’ve been watching these credit card videos for about 2-4years now, I always knew cash back was me, I have the venture one & JetB. MasterCard that earn miles but cashback works well for me 😊, I noticed last week JetB. Is offering me an upgrade to the JetB. Plus, I think because I’ve taken 3 international flight ✈️ this year with JetB. and earned regular miles & bonus miles so now they want to charge me $95 & offer me a free bag, no thanks 😊

@RJFinancial

Жыл бұрын

I always wanted to be the travel card person. Tried it and it wasn't really my thing. Maybe a CSP or venture x down the road for optionality. If JB isn't offering an awesome upgrade offer then I agree