💥 *UPDATE 1.01.2023:* (a) The Venture X's Priority Pass membership will no longer allow access to restaurant, spa, or retail locations. (b) Per TPG, the Venture X does not have a limit to the # of guests you can bring into Priority Pass lounges. Source: thepointsguy.com/guide/venture-x-unlimited-guests-priority-pass/ 💥 *UPDATE 11.15.2022:* The CSR now offers a complimentary Lyft Pink All Access membership for 2 years, then 50% off in Year 3. 🚘 💥 *UPDATE 11.04.2022:* The Amex Platinum Card now offers Hertz President's Circle status 🏆 👉 *OOPS!:* I forgot to mention the Capital One Venture X also gives you access to Plaza Premium Lounges. 😃✈ Thanks to viewer 'Go and Love' for pointing that out!

@arey256

Жыл бұрын

Did you hear about the new upcoming us bank shopper card? It’s going to change the game as we know it. Includes 6% on Walmart and Amazon. 3% on Costco

@MarkReese

Жыл бұрын

@@arey256 - I sure did (you might see my comment on the Doctor of Credit post) 😁👍 Sounds like a great card.

@user-lj5ri3gp5o

Жыл бұрын

Anymore word Mark on Chase finally getting their old travel portal company back and getting rid of Expedia? When that happens, would it correlate with lounges like the Centurion?

@MarkReese

Жыл бұрын

@@user-lj5ri3gp5o - What kind of update were you looking for? I don't see Chase's acquisition of cxLoyalty impacting the Centurion Lounge.

@yurig2530

Жыл бұрын

@@MarkReese But the $95 annual fee ruins it.

Mark this video came at a the perfect time for me. I have the CSR and Amex Plat (will likely cancel in March) and have been debating downgrading the CSR and applying for the Venture X per its perceived superiorities like the better lounge access, AF/credits, rental car status, etc. But seeing your breakdown made me realize the CSR suits my needs just fine. It may lose a little ground in black and white, but it's the intangibles that push it over the top. I love the simplicity and the easy ability to get 1.5 cpp without having to search or jump through hoops. Also I've personally used the trip delay insurance and got over $400 reimbursed to me, so I know it works! Plus I have multiple other Chase cards already. I'm intrigued by the moves Capital One is making but if you aim to kill the King, you can't come in second place six times. Now if only Chase had a deal with Delta then I'd never need Amex again, lol!

@MarkReese

Жыл бұрын

Glad the video helped, Alex! Encouraging to hear that the trip delay insurance was beneficial for ya ✈️

This is honestly a great breakdown between all three cards. I enjoy your presentation for each strengths and weaknesses. Mark, you're the credit card wikipedia when it comes to fine prints and benefits. I don't have neither of those cards. I'm debating whether to upgrade the CSP to CSR next month since I already have the Chase Quadfecta or keep the CSP and apply for the Venture X.

@MarkReese

Жыл бұрын

Thank you, Thi!

The detail put into each one of your videos is incredible!! Thanks a ton Mark. Amazing work, clearly one of the top sources for credit card info in general. Beyond just youtube at this point.

@MarkReese

Жыл бұрын

Thank you, Champ! 🏆

Venture X is easily the most straight forward. All the coupons for the Platinum don't really work for me... but I love MR for ANA transfer and Chase for Hyatt... but I only have the Preferred because I can't justify the $550 when I have a Venture X for Priority Pass...

@MarkReese

Жыл бұрын

CSP is a great way to maintain those transfers to Hyatt 💯

Another great comprehensive video of the strengths and weaknesses of each card. Far too many of these videos from other creators are very biased where they try and sell you on their favorite card or the one that benefits them to promote.

@MarkReese

Жыл бұрын

Thank you! 🏆

Thanks for such a detailed breakdown on all three CCs! Didn't realize just how good & competitive the CSR could be. Great info + video!

@MarkReese

Жыл бұрын

You bet! 💯

What a wonderful, comprehensive guide. Thank you for making it so simple to understand so many complicated details. I appreciate your time and effort!

@MarkReese

Жыл бұрын

Glad it was helpful!

Another good one. Love the charts! Note that both the Charles Scwab Platinum and Business Platinum change the values on the Amex side. For example, a Business Checking Account + Business Platinum gives you 1 cent per point cash back as a floor and 1.54 cents per point in flights through the Amex Portal. You also skipped the Sapphire Reserve’s significant Instacart credits (which may be temporary, but this year it totals about $270 for Instacart, which is huge)

@MarkReese

Жыл бұрын

Correct! This video was focused on just the personal version ✌

Love the great detailed breakdowns. Extremely helpful especially for someone like myself who is fairly new to the credit card game!! 💯

@MarkReese

Жыл бұрын

Glad it helped! 👊

This is exactly the breakdown I was looking for. Excellent job! Thank you!

@MarkReese

Жыл бұрын

💯👍

great break down. I was looking into the Platinum but the $200 hotel credit is only if you go through the hotel collection or the other one, the $200 flight credit only goes for the airline you pick for the year. Another thing starting February you can no longer bring 2 free guests into the lounges. Those were deal breakers for me. Venture X looks like the winner and since it's new there's alot of growth for it

@MarkReese

Жыл бұрын

Great that you've done the analysis for your situation! 💯

amazing video as always. i was wondering if you get the chance it’d be great to see a comparison video between the amex gold card and marriott bonvoy bevy card because they have shockingly similar traits, i.e. $250 annual fee, 4x back on restaurants and groceries. seems like the only difference is the statement credits and marriott perks.

@MarkReese

Жыл бұрын

Thanks George! Marriott Bonvoy Bevy = better for Marriott-specific perks...not rewards. Amex Gold = better for earning rewards that are way more flexible (and therefore more valuable); not great for travel benefits. Basically, 2 different purposes.

This video was very helpful. I've thought about about getting the Amex platinum, but the benefits and credits are so complicated. After listening to your breakdown, I think overall the CSR would fit my needs best. The flexible points, flexible airline credit, and travel protections are great, and I like not having to keep up with a bunch of credits. Thanks.

@MarkReese

Жыл бұрын

Glad it helped!

I just started the video but I just wanted to say this is a great comparison topic. As always, your videos are always very insightful.

@MarkReese

Жыл бұрын

Appreciate it! 🎬

The Luxury Card Trifecta!! These are all such powerful cards. If I had to give my opinion on each: The Amex Platinum is best for overall perks and benefits if you really use everything it comes with, but it's expensive! The Venture X is the best beginner luxury travel card and is really easy to use and get positive value from. The Chase Sapphire Reserve has some easy-to-use benefits, but it isn't distinguished enough from the Chase Sapphire Preferred yet to justify the annual fee. Those are my opinions at least! Great video Mark!

@MarkReese

Жыл бұрын

Great way to look at the 3 cards, Spencer! 👊

The most thorough comparison! Thank you for doing the work.

@MarkReese

Жыл бұрын

Glad you found it helpful!

Thanks so much! Appreciate the info comparing all three in one video! ! ✌️

@MarkReese

Жыл бұрын

Sure thing, Robert!

Have all 3. They each pay for themselves in different ways. Excellent summary video.

@MarkReese

Жыл бұрын

Awesome! ✈️

I love my VentureX card and have had good experiences with their customer service. One day their rep sat on a conference call with me for over an hour to resolve an issue. I recommend it to everyone. The travel portal can be a pain sometimes but its cons are easily outweighed. They pay you to keep the card. Premium benefits for free basically. To me the CSR doesn't offer enough. If Amex ever builds a Centurion lounge at O'Hare I'll get a Platinum card.

@MarkReese

Жыл бұрын

Great to hear you've had a positive experience with the C1VX, Peter!

It's obvious you put a lot of work into these videos. Very informative, as always!

@MarkReese

7 ай бұрын

Thank you! Glad you enjoy them 👊

Very comprehensive and detailed review. Thanks.

@MarkReese

Жыл бұрын

You're welcome!

One nice thing about Capital One Venture X and its "basics" approach is that it is so easy to just squeeze in one trip and basically cover the fee (if you haven't been able to do any appreciable trips for one year). If anyone is into local staycations from time to time, you could rent a nice car and/or hotel through the portal and have a nice break.

@MarkReese

Жыл бұрын

Absolutely! 💯

@VMYeahVN

Жыл бұрын

This is the exact logic for me going wit this card lol.

Hi - I have the Reserve, would you recommend getting the Amex as well? I wonder if I can try after year to downgrade?

@MarkReese

Жыл бұрын

Up to you. You'll have to weigh the pros & cons for your own spending, travel habits, rewards & benefit preferences, etc. Downgrading after Year 1 is a possibility. Just realize if you downgrade to the Gold Card or Green Card, for example, you will not be able to get a signup bonus for either of them at that time...or in the future. So if you want a bonus on either of those, you may want to apply for them directly.

So I have the AMEX PLAT and hotels via the portal are often higher than if I book directly with hotel. Is it the same case with the venture x portal & chase sapphire reserve portal ?

@MarkReese

Жыл бұрын

It can vary based on the hotel, flight, etc. They can be higher, lower, or the same.

Thank you for your time finding information for us ..very helpful.

@MarkReese

Жыл бұрын

You're welcome!

Mark, this video was fantastic. What I’d love to see is this level of comparison but with the business platinum instead. No one really talks about it, and I believe it’s benefits outshine the vanilla.

@MarkReese

Жыл бұрын

Thanks Richard! 👊

AMEX Platinum for me! Fits my spending habits and lifestyle, and I very much value the AMEX lounge network. Thanks for the comprehensive video Mark 👑!

@MarkReese

Жыл бұрын

Good choice! 💥

Wonderful work as always mark. Thank you!

@MarkReese

Жыл бұрын

Sure thing, Michael!

Venturex also has access to plaza premium. Also about amex plat’s $200 hotel credit: it’s only for their fhr/hc hotels that I find consistently overpriced even compared to the same hotel at another ota, so could be a case of charging you more to give you the credit

@MarkReese

Жыл бұрын

Correct on both! 👊 I added a pinned comment below the video about the Plaza Premium Lounge access via the C1VX.

Thank you! This seemed like a lot of work. But is very useful information.

@MarkReese

Жыл бұрын

Glad it helped!

Provides wealth of travel information in deciding which travel card you prefer. Thank you!

@MarkReese

Жыл бұрын

Sure thing!

@edgarratilla7552

Жыл бұрын

@@MarkReese I always go to this specific presentation as a refresher whenever I used these three (3) premium cards. Thanks Mark!

Fully entrenched in the chase ecosystem and the 48 months on my sapphire bonus will be up next year. Was thinking about downgrading to the freedom unlimited (already have the flex) and upgrading to the CSR. That said, the value doesn't really seem to be there for the sign up bonus, and I'm considering keeping the CSP and getting the Venture X. But those 150k Amex Platinum sign up bonuses are tough to pass up! So torn!

@MarkReese

Жыл бұрын

Hopefully we'll see an elevated welcome offer from the CSR at some point. Though 60K points, while it looks small, is actually worth $900 towards travel. That's still quite strong.

Great video! Nice to see the CSR get some love.

@MarkReese

Жыл бұрын

Thanks Michael! Indeed 👊

Thank you for putting this together!

@MarkReese

Жыл бұрын

Of course!

Amazing organization of information. Thanks for making this choice ... more simple Mark. 😉

@MarkReese

Жыл бұрын

Thanks Mitch, you bet! 👊

Marky boy, one of your best videos in my opinion. I shared this video with a few friends that are looking for a travel card. Btw, I have the Platinum and the Venture X. I never been interested in the Sapphire Reserve.

@MarkReese

Жыл бұрын

Thanks Leo!

All three cards have their strong points and weaknesses. I don’t think I like the idea of being locked into booking through a portal, especially for hotels. Another aspect to consider from these cards are the respective trifectas. The Amex Gold, Savor and the Freedom cards earn a lot of points on everyday spend. Since the Amex Platinum doesn’t have great multipliers, you are almost forced to get the Gold to generate MR points through everyday spend.

@MarkReese

Жыл бұрын

Excellent points above, Paul!

How long should you wait between credit card applications? I have a 743 score and my last application was at the end of June.

@MarkReese

Жыл бұрын

There isn't a rule for this when getting different cards from different issuers. Here's a link to another video about the topic: kzread.info/dash/bejne/ZKRrx8mpYMzgabA.html

You are a GOAT! Thank you for the great review with my favorite top 3 cards!

@MarkReese

Жыл бұрын

Thank you, Hee! Glad the video helped!

can you do the same for amex gold and CSP and the other capital one card?

@MarkReese

Жыл бұрын

Perhaps at some point!

Platinum, Platinum Bus and the X with a Ink Preferred is my setup. I travel for work.

@MarkReese

Жыл бұрын

Nice! 👊✈️

Excellent review! Wondering if you left off the Amex Plat $200 Uber credit because it isn’t exactly a retail credit? Even so, it is a direct credit and easier to use than Equinox or SoulCycle IMO.

@MarkReese

Жыл бұрын

The $200 Uber Cash benefit was included in the travel section at 7:29. Uber = primarily ground transportation = travel.

@bobv5806

Жыл бұрын

@@MarkReese Thanks, Mark. I must have missed it. You packed a lot of info into this very comprehensive video, the best comparison I’ve seen. Great use of the charts and the different colors and fonts. I’m getting the most out of my Platinum, thanks in large part to you. Thanks again!

I had all 3 of those, but cancelled Platinum, when it became a coupon book and CSR, when they increased the fee to $550. I got Venture X instead, to complement my Altitude Reserve, Hilton Aspire and Citi Prestige.

@MarkReese

Жыл бұрын

Still got some awesome cards! 🏆

@jdbdidoek

6 ай бұрын

@yurig2530 All rewards cards are "coupon books" lol You just couldn't afford the annual fees

@yurig2530

6 ай бұрын

@@jdbdidoek Amex couponization is ridiculous. I would accept once a year coupon, maybe once in a half a year, but once a month is too much. However, Amex upgraded Hilton Aspire and Surpass cards recently, and they became even better than before. There was a slight upgrade to business gold, but this requires once a month action, and they cancelled shipping category, which I was using. Gas and dining are covered by other cards for me. So this is a first candidate for cancellation. $135 effective AF is still higher than Ink Preferred, so back to Chase. Much better card with lower AF.

One of the best and most comprehensive video

@MarkReese

11 ай бұрын

Thank you!

As usual great value shared, thanks!! What are your thoughts on the amex blue business plus?

@MarkReese

Жыл бұрын

Thank you! I'm personally a fan of the Amex Blue Business Plus & have it myself, but me liking it doesn't mean everyone should get it.

@ms.studly8602

Жыл бұрын

@@MarkReese I read you! in your experience does amex typically do a hard inquiry for the blue business plus for already existing cardholders?

@MarkReese

Жыл бұрын

@@ms.studly8602 - Likely not. If it's your 1st business card, they may, but not necessarily guaranteed.

RE: lounge access- Not sure if it's new, but venture X also includes Plaza premium lounges.

@MarkReese

Жыл бұрын

Correct, I forgot to include those ✌ They were added in June 2022 I believe.

Another great video. Thanks Mark

@MarkReese

Жыл бұрын

You bet!

if you book flights via Capital one portal price is higher , also they don;t have feature for multi-cities booking. Communication with customer service is only by phone method, no chat, no email to have proofs of communications..

@MarkReese

Жыл бұрын

1. Definitely worth doing a comparison of the portal vs. other channels. My last flight booking via the C1 portal was the same as on the airline site directly, so it won't always be higher. 2. Correct, multi-city bookings aren't an option right now.

I’m not able to access visa infinite luxury hotel collection using Venture X. Not sure if it’s just my card or it’s not part of the benefit.

@MarkReese

Жыл бұрын

Which part didn't work for you when trying it?

@scottb_02

Жыл бұрын

Also interested in the answer

This is by far the best comparison I have ever seen between these 3 cards

@MarkReese

Жыл бұрын

Thank you, Sufiyan!

Mark - You are always very detailed...

@MarkReese

Жыл бұрын

Yes I am 😁

Great video to compare these cards.

@MarkReese

Жыл бұрын

Thanks Lisandro!

Just got approved for anex gold with a targeted 75k welcome bonus. My Chase Trifecta (CSR, CFU, and CFF) are still my workhorses

@MarkReese

Жыл бұрын

Nice, congrats on that approval! 💥

I was going to get the platinum card for Marriott and Hilton status, but I just got a part-time job at Sonesta 😁. Kind of want the venture X for lounge access.

@MarkReese

Жыл бұрын

Haha fun dilemma 😂 Congrats on the new position w/ Sonesta! The top-tier of their rewards program is solid. Did a review of their credit card earlier this year; here's the link: kzread.info/dash/bejne/oHmrwa2FdK2-f84.html

@TheAudioCzar

Жыл бұрын

@@MarkReese I actually watched it yesterday after being curious if they had a card. 👍🏾

Would love for you to have added the Ritz Carlton to this comparison! Maybe a 'part II' coming out soon? Like an 'all premium credit cards' comparison and then rank them :) lets goo!

@MarkReese

Жыл бұрын

Haha I like the sound of it, but I don't think I'll do a video comparing all premium cards. Too long & too many cards that aren't necessarily competitors (e.g. I don't view hotel cards as competitors to general bank cards).

thanks for the video Mark.

@MarkReese

Жыл бұрын

You're welcome!

In most of these videos, I learn something. But today I found a gold mine in Accor Live Limitless. I was looking for a decent transfer partner for some nights in Europe and this is one the most amazing partners outside the US!

@MarkReese

Жыл бұрын

You uncovered a great gem! 💎 Yep, ALL points can have huge value.

Plaza premium is available on the Venture One X the 7:30 mark you don’t have it listed

@MarkReese

Жыл бұрын

Correct 👍 I added a pinned comment below the video mentioning that. Thanks Trae.

Which ones is the hardest and easiest to get thanks. Great video

@MarkReese

Жыл бұрын

The Amex Platinum is likely the easiest to get.

love my capital one x the miles had up fast. also Capital one is starting to open up there own airport lounges.

@MarkReese

Жыл бұрын

Glad to hear you're liking the card, Pat!

After 2 years of grinding finally got approved for my platinum Amex. Data points : 660 experian 24 hard pulls 60k income Auto Repo 2015 (Wells Fargo auto loan fraud) ^ had to wait to get this removed. Got a savings with Amex in 2019 so I build a relationship with them, my Amex Hilton surpass has “member since 2019” - but I applied for the Hilton card in June 2022? 😁. But I’ll take it! Chase does not love me when I initially applied for the sapphire reserve, so I guess Amex will always be my LOVER forever. Mark you are the best!! Thanks for your videos , big fan for 3 years already! “Mark Reese Fan since 2020” 😂

@MarkReese

Жыл бұрын

Congrats on your approval for the Amex Platinum Card & thanks for sharing your data points! Great to have you on board as a Mark Reese Fan Since 2020! 😄👊

Great video. One point of nuance is in terms of transfer partners, CSR is superior domestically (usa) due to the presence of more domestic airlines than the other two with United, southwest (!!!), and jetblue. Platinum only has jetblue and delta (delta keeps devaluing pts). And capital one has ZERO domestic airlines on the list. Going by just the number of airline partners is of questionable utility.

@MarkReese

Жыл бұрын

Good point! ✈

If you value varied lounge access (travel to asia, middle east etc)..its gotta be Amex. Just weeks ago this card saved me as I desperately needed wifi in Jeddah airport and the truth about relying on any single lounge/network.. it doesnt really work - closures, hours, bad wifi, so you need options. Side point - Im thinking of getting Google Fi to help further with this. Lastly - Im thinking of getting CSR or CSP for the Hyatt partnership alone.

@MarkReese

Жыл бұрын

Yep the wifi access via lounges can be really useful!

Thanks JMR.

@MarkReese

Жыл бұрын

Sure thing!

One thing to mention: VentureX have a $395 but gives you a $400 credit ($300 travel credit + 10.000 anniversary miles). So they are basically paying you $5 to keep the card. Booking through the portal and using the $300 travel credit is pretty simple in my opinion. I think if you spend at least $400/year in travels, having the VentureX is really great, plus you get all the benefits.

@MarkReese

Жыл бұрын

Great way to look at it! 😃✈

For me 1st Venture X, 2nd Platinum and in last place Sapphire Reserve.

@MarkReese

Жыл бұрын

Rockin' that Venture X! 💯

Best analysis IMO. You won me over!

@MarkReese

Жыл бұрын

Thank you!

Have you done an updated video for late 2023?

@MarkReese

7 ай бұрын

I haven't. Some updates were posted in the pinned comment. I may do an updated comparison in 2024.

Venture X credits are something that I can use it towards something more substantial & meaningful value. Plus an annual 10,000 credit is not bad also which $100.

@MarkReese

Жыл бұрын

For sure! ✈️💯

I have the CSR and Venture X.

@MarkReese

Жыл бұрын

Awesome 👊

Wish if USBank Latitude reserve was in that comparison 😕 Great video as usual 👌

@MarkReese

Жыл бұрын

Perhaps in another video!

Will authorize user have the same overall benefits as the primary holder?

@MarkReese

Жыл бұрын

Not even close 😁✌Here's a link to another video about the Amex Platinum AU benefits: kzread.info/dash/bejne/aXl9mauPY6evn7g.html

Great video. Thank you.

@MarkReese

Жыл бұрын

You bet 👊

When you say the venture x comes with Avis Preferred Plus and National Emerald Club, you mean by matching Hertz's to the other 2?

@petergargano4745

Жыл бұрын

You get Avis through Visa Infinite. I'd assume National is a status match as I did it.

@MarkReese

Жыл бұрын

No, just get it directly as it's a Visa Infinite Card. You can enroll in the National Emerald Club Executive level at this link: legacy.nationalcar.com/en_US/car-rental/partners/partner-details/affinity/5030764-visa-infinite.html

Capital One Venture X def on my 2023 bucket list!

@MarkReese

Жыл бұрын

Make it happen!

Great video here Mark! Love the side-by-side comparison with all the comparative categories & charts. In my own personal opinion, I'd go with the AMEX Plat as the best overall card (especially if you value things like lounge access & hotel statuses, etc). The Venture X is a great option as well because it is essentially a Keeper Card with the yearly credits outpacing the fee. And then personally for me the CSR takes last place, but that's simply because I already have the CSP and get a lot of the same perks.

@MarkReese

Жыл бұрын

Thanks Matt! I too am using the CSP on the Chase side. I really like the access to transfer partners, the flat-rate redemption of 1.25¢, and the primary car rental insurance. Strong value prop. for a $95 AF card 🏆

@MattWelterOfficial

Жыл бұрын

@@MarkReese Absolutely! One of the best if not the best mid-tier option out there!

CSR also has the $15 monthly instacart credit. I think it's up until at least 2024.

@MarkReese

Жыл бұрын

Good catch, thanks Mikey!

Awesome video! I think you could also add customer service to your rankings. Thats an important factor when it comes to getting help. Amex is my favorite- even if I don’t earn as many points on some transactions. Still worth it to me.

@MarkReese

Жыл бұрын

Good point, Scott!

Excellent breakdown.

@MarkReese

Жыл бұрын

Thanks Jeri!

Didnt even know you had the csr I though you only had the cs nice video😊

@MarkReese

Жыл бұрын

I had the CSR years ago, not any longer ✌️

@irosa77

Жыл бұрын

@@MarkReese notice the chase premier buisness card it’s available now 🫤

Hi Mark. I had an idea for a video. If you had to start from scratch with zero credit, like a kid out of high school.. what would your action plan be to build up your credit score fast. Just thought this might be helpful to people if you haven't made a video like that yet.

@MarkReese

Жыл бұрын

Thanks for the suggestion, Matt! 😃👊

@achavez78

Жыл бұрын

I co-sign this suggestion.

@Nick210

Жыл бұрын

My wife just moved to the US in July, obviously she would have ZERO credit/history. We got her a Capital One QuickSilver Secured card with a $300 limit. She stuck to a 5% - 8% usage and within 2 months she got a 700 Experian score. Hope that helps.

@oscar4o

Жыл бұрын

@Nick S same here with my wife being at no score. Got her cap one platinum secured, stayed below 20% usage, 2 months later her c score is now 735.

@HieuHoang-py8oe

Жыл бұрын

My 18 yr old has a 20 yr credit history via authorize user

I have the CSR and CFU. Extremely simple way to get an effective 2.25%+ back on everything.

@MarkReese

11 ай бұрын

🏆

This is SUPER helpful, Mark. Thanks.

@MarkReese

11 ай бұрын

You're welcome!

@beaublack1407

11 ай бұрын

@@MarkReese Successfully applied for C1VX today. Again--thanks. This video helped finalize my decision between it and the CSR.

@MarkReese

11 ай бұрын

@@beaublack1407 - Approved?

@beaublack1407

11 ай бұрын

@@MarkReese Yep.

@MarkReese

11 ай бұрын

@@beaublack1407 - Right on, congrats!

Doesn't amex tax you when you transfer membership reward points to transfer partners?

@MarkReese

Жыл бұрын

You only pay an Excise Tax Offset fee when transferring MR points to U.S.-based airlines.

great video! thank you.

@MarkReese

Жыл бұрын

You're welcome!

Hi Mark, do you have any advice for someone considering canceling their Chase credit cards? I'm growing dissatisfied (I'm being polite) with the relationship/treatment, and want to break free from them, but I recognize the importance Chase carries compared to, say, Capital One. Also, whipping out Amex cards everywhere can have its issues (or draw unwanted attention or comments from others). Hope this makes sense. Thanks in advance.

@MarkReese

Жыл бұрын

Hi gorviv529 - If you don't want to do business with Chase, you can cancel your cards & move on. Ideally, it'd be good to have other cards with good credit history that you keep open. If your Chase cards are your oldest accounts, consider keeping 1 open if it has no annual fee & using it once every 6 months or so. This is simply about preserving as much of your past credit history as you can. However, this isn't necessary. Again, if you want to cancel, you can.

@gorviv529

Жыл бұрын

@@MarkReese Thx Mark. Very helpful. If you could choose between keeping the CFU (had that longer) and the Flex, which would you choose? Would you transfer the credit lines from the other cards to the surviving card, or go cold turkey and just cancel (relinquishing the available credit)?

@MarkReese

Жыл бұрын

@@gorviv529 - I'd personally keep the Chase Freedom Unlimited (due to longer acct. age) and transfer my other Chase lines to it prior to closing the other cards.

@gorviv529

Жыл бұрын

@@MarkReese thx again.

AMEX Platinum is only good if you're going to do a lot of (premium) travel. 1% points for the CSR is pretty underwhelming, but if you can pair this with a couple other Chase cards with high reward categories, then all of a sudden the 1.5x redemption bonus rate is huge. Venture X is really good all-around card because of the 2% catch-all points, AND it's essentially free (without having to deal with BS monthly $10 discounts for businesses you don't already patronize). You just need to make sure you are redeeming them on the travel portal or through transfer partners.

@MarkReese

Жыл бұрын

Absolutely!

Great video! One comment about cell phone protection category. If you pair the CSR with no annual fee card such as Freedom Flex, you will get a very similar cell phone protection as what Amex Platinum offers. Therefore Chase would win that category over Amex without extra costs. Thanks again and all the best to you! Great channel.

@MarkReese

Жыл бұрын

Great point, Bakhtiyor!

@bach858

Жыл бұрын

@@MarkReese thanks for taking the time and writing up my name ))

Capitol One also gives you Plaza Premium lounge access.

@MarkReese

Жыл бұрын

Yep, I forgot that one! Added a pinned comment below the video 👍

Are there any changes to these cars for 2023?

@MarkReese

Жыл бұрын

See pinned comment above ☝

Thanks. I’m stuck with booking thru a company travel portal. Seems none are ideal for that setup but chase is certainly better than Amex

@MarkReese

Жыл бұрын

If you can still pay with your own card, and if the transaction codes as 'travel,' then the CSR might earn 3X points.

@exportedafrican

Жыл бұрын

@@MarkReese exactly. I’m just a bit gunshy after the csp stepped back benefits years ago.. didn’t love that. Great work again on the video!

The sapphire reserve now just bumped the welcome bonus to 80,000 points so for anyone watching a little late that could make a big difference to your decision

@MarkReese

Жыл бұрын

Yep, nice offer! 🏆

I have all 3. But I really don't value the Platinum Amex. I am forcing myself just to use the perks. I'll be dropping it next year.

@MarkReese

Жыл бұрын

Makes sense to drop it if it's not working for ya 👍

Get Amex if you like coupon books or want your points clawed back, or never awarded... Personal experience. That's why I cancelled most of my Amex cards.

@MarkReese

Жыл бұрын

😬

VentureX also allows you to get into Plaza Premium lounges

@MarkReese

Жыл бұрын

That's right, I missed that one!

@MarkReese

Жыл бұрын

Just added a pinned comment, thanks!

I have the Venture X and CSR

@MarkReese

Жыл бұрын

2 great cards 🏆

Ok, so I finished watching and I have to say, your video really validated my impression that having both Chase and Amex is a great combo. I have the Platinum running on nearly two years and although it has the least multipliers, I’ve gotten so many reward flights including a business class return flight from London to LAX. Capital One is trying and I believe one day it will be a better competitor but Amex has had decades to develop their ecosystem and Chase has been doing it a while too.

@MarkReese

Жыл бұрын

Great that both cards are providing you with the value you want, Jeremy!

Thanks for the great upload Mark. Gotta say, I just don't understand Chase with the CSR... It's almost as if they want to be embarrassed by the competition. "AMEX Platinum came out with a 150K sign up..." Chase - "Oh yeah?!! Well here!! We're giving the CSR a 60K sign up! Oh geez. Good right?"

@MarkReese

Жыл бұрын

Amex = better welcome offers. Chase = better overall rewards program.

The chase portal is always more expensive than the Cap1 portal for me.

@MarkReese

Жыл бұрын

Good to do that comparison prior to booking 👍