How American Express Credit Cards Work 💳 Membership Rewards Points vs Cash Back vs Co-Brand Amex
Support our channel by choosing your next credit card using one of the card links at:
- BEST AMEX CARDS: www.proudmoney...
- BEST OVERALL: www.proudmoney...
- BEST 0% APR: www.proudmoney...
- CASH BACK: www.proudmoney...
- BALANCE TRANSFER: www.proudmoney...
- BUSINESS: www.proudmoney...
- TRAVEL: www.proudmoney...
- BEST CHASE CARDS: www.proudmoney...
- BEST CAP ONE CARDS: www.proudmoney...
- BONUS: www.proudmoney...
- BAD CREDIT: www.proudmoney...
- FAIR CREDIT: www.proudmoney...
(We'll get compensated if you're approved, and we thank you kindly.)
Other ways to support this channel:
- Get a $25 - $250 bonus when you open a SoFi Checking/Savings Account at: www.sofi.com/i...
.
NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!
.
Our site: www.ProudMoney...
Contact: Adam Jusko adam@proudmoney.com
(for business/media inquiries only; unfortunately I do not have the time to offer thoughtful answers to the many individual credit & money questions I get by e-mail --- but I do read them and try to incorporate answers to common questions into future videos!
#amex #creditcards #americanexpress
Пікірлер: 29
Support our channel by choosing your next credit card using one of the card links at: - BEST AMEX CARDS: www.proudmoney.com/best-american-express-credit-cards/ - BEST OVERALL: www.proudmoney.com/best-credit-cards-on-the-market/ - BEST 0% APR: www.proudmoney.com/best-0-apr-credit-cards-on-purchases/ - CASH BACK: www.proudmoney.com/best-cash-back-credit-cards/ - BALANCE TRANSFER: www.proudmoney.com/best-balance-transfer-credit-cards/ - BUSINESS: www.proudmoney.com/best-business-credit-cards/ - TRAVEL: www.proudmoney.com/best-travel-credit-cards/ - BEST CHASE CARDS: www.proudmoney.com/best-chase-credit-cards/ - BEST CAP ONE CARDS: www.proudmoney.com/best-capital-one-credit-cards/ - BONUS: www.proudmoney.com/best-credit-card-bonus-offers/ - BAD CREDIT: www.proudmoney.com/best-credit-cards-for-bad-credit-unsecured-secured/ - FAIR CREDIT: www.proudmoney.com/credit-cards-for-fair-credit/ (We'll get compensated if you're approved, and we thank you kindly.) Other ways to support this channel: - Get a $25 - $250 bonus when you open a SoFi Checking/Savings Account at: www.sofi.com/invite/money?gcp=8cb886d7-c83f-4185-84cd-e22ab14c6464&isAliasGcp=false . NOTE: Credit card information in this video is not guaranteed; we have attempted to confirm all information to the best of our ability but we could simply be wrong or the information could be outdated by the time you watch this video. We are doing our best here, but check our work!
I ended up choosing the cashback route with American Express. I currently have the Blue Cash Everyday and it's a very good card.
Covering the basics should never be overlooked.
I wish I could justify the platinum, but I like simplicity. Personally I prefer cash back going into my bank account
Great job of explaining clearly how the three Amex reward programs work!
Also get MR points if you have an Amex bank checking account! Not a lot but it still gets you MR points Also there is the Charles Schwab investor card which gives you 1.5 cashback. Not the greatest either but I like those cashback going into my investor account. 😌
Not everyone is as articulate as you are explaining all three options. Can you do an advance video on the transfer partners program. I need to learn how to get the most out of my MR points. Not looking at once in a lifetime trips but good return on domestic flights.
@ProudMoney
Ай бұрын
Honestly I don't know that there is a consistent strategy to use. It is sort of comparison shopping between AmexTravel.com and Delta and the other transfer airlines. Some people talk a good game about using international airlines that are part of an airline alliance to find "secret" fares on domestic flights, and sometimes these weird pricing discrepancies are true, but the problem is they are rare and may not be to a destination you are looking for. I think it is less about "tricks" to locate the best deals and more about how much time you are willing to look for every possible option, knowing that in the end looking for that needle in the haystack could be a waste of time (and being OK with that). Every once in a while you'll find a great deal, but more often you won't, and some people have more patience and get more enjoyment out of the hunt than others.
@johnkim163
Ай бұрын
Thank you. Just the dose of reality I need to help me on my quest to find a reasonable return on my MR points. Not everyone has the time to find that needle in the haystack.
Great content as always, thanks Adam!!!
Excellent video Adam! You do a good job with these informative videos.
@ProudMoney
Ай бұрын
Thanks!
Informative. 😊
Then there’s the Schwab Platinum, but not for this audience…
@ProudMoney
Ай бұрын
good point!
Covering Chase reward program next?
@ProudMoney
Ай бұрын
Maybe!
Quick question what banks qualify for the American Express platinum car
Yep
First 🎉
@ProudMoney
Ай бұрын
🔥🔥🔥
👍🏻
Very informative but you need good thumbnails
The points game is over. More and more it’s costing 1.5 percent to use a credit or debit card. These credit card people make money by promoting credit card companies. Listen with care
@nickv4073
Ай бұрын
That is a non-starter argument because you pay the same price for goods and services even if you pay cash. Ask your supermarket for a discount on your bill if you pay cash and see what happens.
@STONEDECISION
Ай бұрын
@@nickv4073 can you think? If you pay an additional 1.5 percent to the just because you use a card you are paying more. You would be better paying cash. You would save 1.5 percent instantly. 1.5 percent seems to be the low end of what they charge for using a card.