I've seen many KZread videos on Robinhood stock lending and read articles and reviews...that's a Negative for me 👎
@retthatcher263514 сағат бұрын
You should consider making a spreadsheet, and selling it for a small fee. I’d also be willing to pay for a 30 minute call. Just an idea
@ibrahimgambo4904Күн бұрын
Gud explanation
@darrylscott7402 күн бұрын
Will they look at your FICO score 8 or your FICO Bankcard score 8? And what should be your limits on the cards that you presently have, I know the lower the better, but will you get denied if you have cards of 50% you think?
@MsDezB12 күн бұрын
Thanks! This is probably the most informative vid I've seen on the subject. I'll pass.
@TheRDGuarantee2 күн бұрын
Thanks!
@maryannmcbride-tackett42263 күн бұрын
I attempted to get the business card, but hit some walls when it said I needed to provide information to "prove" my business. You mention that not being required - how do you get around that?
@TheRDGuarantee2 күн бұрын
What did they ask you to prove your business? The requirement for business cards is very low - essentially if you're doing something on your own (not as an employee) with the intention of making money, you're considered a business in the eyes of the credit card companies. They'll typically ask for a business name (this can be your name), business structure (sole proprietor), tax id (your SS number), and business description. This can be as simple as you want to make money driving Uber.
@biga57743 күн бұрын
Just got my CSP in April. Wish it had better earnings categories.
@TheRDGuarantee2 күн бұрын
For me this was all about adding the Chase Freedom Flex for the rotating 5% categories. I'm finding this is helping me accumulate points more efficiently and make a better use of my spend $$
@teizakaim37893 күн бұрын
Crystal clear to follow. Definitely I will get one for myself. Thank you for the video.
@TheRDGuarantee2 күн бұрын
Awesome! Good luck in the application and I hope you enjoy the benefits!
@DKDRFTA3 күн бұрын
Not gonna trust a guy with a coat vest. Ya gotta non fiduciary ring on that hand?
@TheRDGuarantee2 күн бұрын
😂
@ArmanM-mf5sw4 күн бұрын
Player 2 is just any other person. They get points you get referral. How's it cool? Your wife's credit is anyways going to be a hard pull
@SpartanOfFinance4 күн бұрын
I like using the GrubHub credit for my morning coffee pickup on my way to work. They do add a small surcharge even for pickup so I would knock about 10% off the value of the credit.
@nodirtrader21685 күн бұрын
Assalomu alaykum brother. Thank you for the effort that you put preparing the video, I got more than what I want. In my country, lots of people are selling Facebook ads courses while the Meta is teaching it for free. Thanks again.
@TheRDGuarantee2 күн бұрын
It's my pleasure
@dunder20065 күн бұрын
FANTASTIC REVIEW - I really like that you mention Wells Fargo gives the MIUCH higher multipliers when booking directly with the airline and hotels. This is a BIG feature if they make it easy to redeem the points because the credit card travel portals nearly never give you the lowest prices for air and hotel travel. Personally, I don't have a Wells Fargo card but thinking about it.
@dunder20065 күн бұрын
Great video. International traveler credit card seekers should be aware many of the cards have FOREIGN TRANSACTION FEES and they can be a true bummer...MANY Chase cards have them. The card mentioned here currently does not..Chase Sapphire Preferred® credit card. Also note the yearly card fee is crazy too, and although you can use card benefits that outweigh the yearly fee ... not all are truly usable for most like Dashpass and Peloton purchase credit. Keep up the good work and the informative videos. In America, we need to be more active about the credit cards we use and your videos help us think about it.
@Ciborium5 күн бұрын
With the AmEx BCP, you just need to spend $32/week in groceries to pay for the AF. You need to spend $64/week in groceries to break even with the BCE card. If you spend more than $64/week in Groceries, you win. The streaming credits, which include in-app purchases on iOS and Android/Google, are gravy. And the 3% on Gas is also nice.
@dacvidz6 күн бұрын
The cell phone coverage is barely worth it now that carriers are charging extra per line for paying with a credit card 🥲
@Fj8282haha6 күн бұрын
Sounds like a rare knowledgeable and ethical fin-fluncer just about this video
@peterparker20686 күн бұрын
Robinhood loves to make you gamble even with their cash card. Robinhood can go F*%k themselves. I hate Robinhood.
@peterparker20686 күн бұрын
I don't know about you but if you are deep into the credit card game, 1% cash back is pretty bad. I try and go for at least 5% on major categories and I have the fidelity cashback credit card as a catch all that gives 2% cashback.
@julienbonin6 күн бұрын
You say the margin fee is per day, but the interest on the margin is yearly but accrues daily. So whatever the percentage is divided by 365 times the borrowed amount is what you owe.
@Ehtizan-Editor-0017 күн бұрын
Hey The RD Guarantee, I just watched your video and I must say that it was really informative and well-made. I was wondering if I could help you edit your videos and repurpose your long videos into highly engaging shorts? I can also make high CTR thumbnails for your channel
@TheRDGuarantee7 күн бұрын
Thanks for reaching out! I have to say I've already got the best editor in the game on the team so at the moment I'm all set!
@StuffVideos22448 күн бұрын
i never leave comments like this on anyone's videos, but this video was absolutely great man🔥instant subscribe🙏🏽
@TheRDGuarantee8 күн бұрын
I appreciate you checking it out, it means a lot!
@diegoochoa51429 күн бұрын
Is the travel credit every year?
@TheRDGuarantee9 күн бұрын
Yes! $300 travel credit in your account every year.
@noblegirl19919 күн бұрын
Just got the card. I should come out on top. I spend $10k a year on food. Use Uber twice a month. Love Cheesecake factory and wine
@TheRDGuarantee9 күн бұрын
Oh yea, that'll be worth (just on points alone) $400 to you for booking travel which beats the annual fee, but it sounds like your effective annual fee is going to be MUCH lower because you already uber go to The Cheesecake Factory (which is awesome by the way) and like wine.
@johnwoodrow859810 күн бұрын
Thank you for explaining the double dipping option. I watched others explain it but you made it understandable. 👍🏻
@TheRDGuarantee8 күн бұрын
Awesome! Glad it makes sense now
@codelessunlimited770110 күн бұрын
Robinhood is a vile platform.
@Metaman900010 күн бұрын
Best Venture X vid on youtube I have seen so far!
@TheRDGuarantee10 күн бұрын
Thanks 👍🏼👍🏼!!
@noblegirl199111 күн бұрын
Great explanation. One of the best I've seen. I just started my points journey
@TheRDGuarantee11 күн бұрын
That’s awesome and thanks for the kind words. What card did you start off with?
@noblegirl199110 күн бұрын
@TheRDGuarantee CSP. Then the Amex Gold. Just those two for now. Not sure what's my next move. I have the chase unlimited
@TheRDGuarantee10 күн бұрын
@@noblegirl1991 Nice! Check out the Venture X next? Can give you some Capital One exposure but most of all luxury travel benefits.
@wlin04111 күн бұрын
More like very underwhelming
@TheRDGuarantee11 күн бұрын
What are you not a fan of?
@docsays11 күн бұрын
I must concur. The CSP is bar none 1 of the best (if not the beat) entry level travel card! I think a runner up would be the AmEx Green, Citi Strata or WF Autograph
@TheRDGuarantee11 күн бұрын
Couldn't agree more doc!
@tokiwartuthe11 күн бұрын
I made .03 cents last month off lending stocks so idk if it's worth it
@TheRDGuarantee11 күн бұрын
🙃
@mikejames768411 күн бұрын
This is my favorite card. 3% at Walmart, Target, liquor stores and grocery stores for $0 AF is OP.
@domdom288011 күн бұрын
Nice job bro ! Holding the gold one and looking for applying for the plat very soon 😊
@TheRDGuarantee11 күн бұрын
That’s awesome! Those two cards would be sweet in any wallet
@jack9152211 күн бұрын
The Chase Travel Portal is a scam. All the airline prices are always higher than buying directly from the airline. I was just looking at international premium economy seats and it was $300 more on Chase. To get 5x points isn't worth paying 15% more cash.
@MByyyeeee11 күн бұрын
After completing this how i can get the certification of this course please help i don't get the certification
@mlodyme367512 күн бұрын
Very overrated card. Does not even have free TSA/Global Entry benefit. Earning categories are lousy; lets be really, who buys groceries online? Unless you dine all day long this is essentially 1x card. US Bank Altitude is great card, earning 4.5x on any tap to pay purchase (when redeemed for travel) which is essentially all purchases these days and does not restrict you to some over priced travel portals or limited offer / partner award tickets and other nonsense.
@TheRDGuarantee11 күн бұрын
Yea the Altitude Reserve is pretty incredible for the fact that as a high annual fee card it actually earns well for you.
@lewislouis624611 күн бұрын
You are comparing a 95 dollar card with a 400 dollar card & thats the reason why its "overrated" in ure book? I am telling you. Credit channels have so many minds absolutely confused. Its trendy and fun to roast the csp but don't allow trends to actually confuse you with the power of this card. u.s. altitude reserve is a 400 dollar card and barely accessible for most due to its strict rules. It also doesn't have travel partners making it totally irrelevant to people who actually transfer for max value (using a travel card as...a travel card) I am not saying the csp is perfect because it for sure needs better multipliers but the recent trend of stomping csp is beyond overhype.
@flakocibao7 күн бұрын
I cant agree more with this. Csp should have better cash back for groceries and gas as premium travel card with an annual fee.
@YumDex12 күн бұрын
The sapphire preferred sadly isn’t eye candy as it once was
@TheRDGuarantee12 күн бұрын
I still think it matches up compared to its peers better than about any other card there is
@YumDex12 күн бұрын
@@TheRDGuaranteebilt is a no AF card and though I wouldn’t say it’s better, stands on the same Platform the preferred does. I value the concierge of the bilt along with the travel protections and 2x boosters every starts of the month. Sweet card and looks slick. The preferred is due for a rework if it costs $95.
@cemen77712 күн бұрын
I wish CSP has lounge access
@TheRDGuarantee12 күн бұрын
I remember back when I first started learning about credit cards I couldn’t believe that a $95 credit card didn’t have lounge access
@TheRDGuarantee12 күн бұрын
But, that’s why we got cards like the venture X out there
@ryanccc77712 күн бұрын
If one thing were to happen, the removal of Hyatt as a transfer partner, I am curious to see what the general consensus would be, my guess is that this card would fall off a cliff after the year 1 sign up bonus as I know a lot of people (myself included) that use the CSP (Chase Sapphire Preferred) as the gateway for funneling Chase trifecta points to Hyatt. What I am trying to get at is, with all of the positives pooling and transferring point from an ecosystem (Bilt has one card) is the differentiator for the CSP (Chase Sapphire Preferred). Bilt has no sign up but no annual fee, 3x on dining, 2x on Travel and primary CDW (sound familiar lol) but is missing the 1.5 on the CFU and the 5x on the CFF.Coincidence or not (I am sure it is 100% on purpose) the Citi Stra Premier can now also be a “CSP” 😂.
@TheRDGuarantee11 күн бұрын
Hyatt would be a killer loss as a transfer partner. Or if they changed up their point redemption values so that they were way less valuable for aspirational travel. With the Citi Strata Premiere getting relaunched and the Wells Fargo Autograph Journey this space seems like its going to be getting more competitive... which is an awesome thing for us all
@Trucker-X12 күн бұрын
I appreciate the objective scoring. Thank you.
@TheRDGuarantee11 күн бұрын
You're welcome! Its how I like to think about these cards.
@joedemont591712 күн бұрын
I lost. I transfer funds from my bank and buy crypto and got a Margin call. I don’t even know what this is? I’m using my own money to invest
@TheZombaslaya12 күн бұрын
VX I'd argue might be slightly better if you can get it. I got it only after around 5 months of credit history, though I did apply for the CSP tonight, got pending though so wish me luck!
@TheRDGuarantee12 күн бұрын
VX is one of my absolute favorites (and I have it myself). Some people have trouble getting over the $395, even if there is enough value packed in to make your money back. CSP is a great option for them but also a great combo option with the VX like you're doing. Good luck!
@vananchez13 күн бұрын
The green card is good also
@TheRDGuarantee13 күн бұрын
Green card is a low key workhorse for some people. I feel like this one is making a bit of a comeback recently, but maybe that's because the Gold and Platinum are under a little pressure...
@BobI-jb4rk13 күн бұрын
I love my CSP, especially the primary CDW! Those big ass coupon books won’t do me any good out here in rural America!
@TheRDGuarantee13 күн бұрын
Nope! No value out on the Platinum for you. Glad Chase makes cards that have usability for all different types of needs.
@ExtraGuac00713 күн бұрын
The Preferred is a sock drawer card used only for access to transfer partners. WF Autograph for complete beginner and Citi Strata Premier for those that want to pay an AF. Spend on the Autograph and Strata Premier for earnings. If the Preferred is in your daily wallet, you need to turn in your points snd miles membership card.
@annwaltzer13 күн бұрын
American express also charges you a fee to transfer their points to certain transfer partners.
@TheRDGuarantee12 күн бұрын
Great callout. I was a little put off when I saw that the first time. Classic "fine print" situation.
@Rt2359013 күн бұрын
Already qualified for my bonus before seeing this!
@TheRDGuarantee13 күн бұрын
Congrats! Hope you enjoy the card like I have.
@Rt2359013 күн бұрын
@@TheRDGuarantee I do enjoy it! I’ve had the card since 2019, I did the product change after 4 years and re-applied
Пікірлер
How do you get the debit card?
I've seen many KZread videos on Robinhood stock lending and read articles and reviews...that's a Negative for me 👎
You should consider making a spreadsheet, and selling it for a small fee. I’d also be willing to pay for a 30 minute call. Just an idea
Gud explanation
Will they look at your FICO score 8 or your FICO Bankcard score 8? And what should be your limits on the cards that you presently have, I know the lower the better, but will you get denied if you have cards of 50% you think?
Thanks! This is probably the most informative vid I've seen on the subject. I'll pass.
Thanks!
I attempted to get the business card, but hit some walls when it said I needed to provide information to "prove" my business. You mention that not being required - how do you get around that?
What did they ask you to prove your business? The requirement for business cards is very low - essentially if you're doing something on your own (not as an employee) with the intention of making money, you're considered a business in the eyes of the credit card companies. They'll typically ask for a business name (this can be your name), business structure (sole proprietor), tax id (your SS number), and business description. This can be as simple as you want to make money driving Uber.
Just got my CSP in April. Wish it had better earnings categories.
For me this was all about adding the Chase Freedom Flex for the rotating 5% categories. I'm finding this is helping me accumulate points more efficiently and make a better use of my spend $$
Crystal clear to follow. Definitely I will get one for myself. Thank you for the video.
Awesome! Good luck in the application and I hope you enjoy the benefits!
Not gonna trust a guy with a coat vest. Ya gotta non fiduciary ring on that hand?
😂
Player 2 is just any other person. They get points you get referral. How's it cool? Your wife's credit is anyways going to be a hard pull
I like using the GrubHub credit for my morning coffee pickup on my way to work. They do add a small surcharge even for pickup so I would knock about 10% off the value of the credit.
Assalomu alaykum brother. Thank you for the effort that you put preparing the video, I got more than what I want. In my country, lots of people are selling Facebook ads courses while the Meta is teaching it for free. Thanks again.
It's my pleasure
FANTASTIC REVIEW - I really like that you mention Wells Fargo gives the MIUCH higher multipliers when booking directly with the airline and hotels. This is a BIG feature if they make it easy to redeem the points because the credit card travel portals nearly never give you the lowest prices for air and hotel travel. Personally, I don't have a Wells Fargo card but thinking about it.
Great video. International traveler credit card seekers should be aware many of the cards have FOREIGN TRANSACTION FEES and they can be a true bummer...MANY Chase cards have them. The card mentioned here currently does not..Chase Sapphire Preferred® credit card. Also note the yearly card fee is crazy too, and although you can use card benefits that outweigh the yearly fee ... not all are truly usable for most like Dashpass and Peloton purchase credit. Keep up the good work and the informative videos. In America, we need to be more active about the credit cards we use and your videos help us think about it.
With the AmEx BCP, you just need to spend $32/week in groceries to pay for the AF. You need to spend $64/week in groceries to break even with the BCE card. If you spend more than $64/week in Groceries, you win. The streaming credits, which include in-app purchases on iOS and Android/Google, are gravy. And the 3% on Gas is also nice.
The cell phone coverage is barely worth it now that carriers are charging extra per line for paying with a credit card 🥲
Sounds like a rare knowledgeable and ethical fin-fluncer just about this video
Robinhood loves to make you gamble even with their cash card. Robinhood can go F*%k themselves. I hate Robinhood.
I don't know about you but if you are deep into the credit card game, 1% cash back is pretty bad. I try and go for at least 5% on major categories and I have the fidelity cashback credit card as a catch all that gives 2% cashback.
You say the margin fee is per day, but the interest on the margin is yearly but accrues daily. So whatever the percentage is divided by 365 times the borrowed amount is what you owe.
Hey The RD Guarantee, I just watched your video and I must say that it was really informative and well-made. I was wondering if I could help you edit your videos and repurpose your long videos into highly engaging shorts? I can also make high CTR thumbnails for your channel
Thanks for reaching out! I have to say I've already got the best editor in the game on the team so at the moment I'm all set!
i never leave comments like this on anyone's videos, but this video was absolutely great man🔥instant subscribe🙏🏽
I appreciate you checking it out, it means a lot!
Is the travel credit every year?
Yes! $300 travel credit in your account every year.
Just got the card. I should come out on top. I spend $10k a year on food. Use Uber twice a month. Love Cheesecake factory and wine
Oh yea, that'll be worth (just on points alone) $400 to you for booking travel which beats the annual fee, but it sounds like your effective annual fee is going to be MUCH lower because you already uber go to The Cheesecake Factory (which is awesome by the way) and like wine.
Thank you for explaining the double dipping option. I watched others explain it but you made it understandable. 👍🏻
Awesome! Glad it makes sense now
Robinhood is a vile platform.
Best Venture X vid on youtube I have seen so far!
Thanks 👍🏼👍🏼!!
Great explanation. One of the best I've seen. I just started my points journey
That’s awesome and thanks for the kind words. What card did you start off with?
@TheRDGuarantee CSP. Then the Amex Gold. Just those two for now. Not sure what's my next move. I have the chase unlimited
@@noblegirl1991 Nice! Check out the Venture X next? Can give you some Capital One exposure but most of all luxury travel benefits.
More like very underwhelming
What are you not a fan of?
I must concur. The CSP is bar none 1 of the best (if not the beat) entry level travel card! I think a runner up would be the AmEx Green, Citi Strata or WF Autograph
Couldn't agree more doc!
I made .03 cents last month off lending stocks so idk if it's worth it
🙃
This is my favorite card. 3% at Walmart, Target, liquor stores and grocery stores for $0 AF is OP.
Nice job bro ! Holding the gold one and looking for applying for the plat very soon 😊
That’s awesome! Those two cards would be sweet in any wallet
The Chase Travel Portal is a scam. All the airline prices are always higher than buying directly from the airline. I was just looking at international premium economy seats and it was $300 more on Chase. To get 5x points isn't worth paying 15% more cash.
After completing this how i can get the certification of this course please help i don't get the certification
Very overrated card. Does not even have free TSA/Global Entry benefit. Earning categories are lousy; lets be really, who buys groceries online? Unless you dine all day long this is essentially 1x card. US Bank Altitude is great card, earning 4.5x on any tap to pay purchase (when redeemed for travel) which is essentially all purchases these days and does not restrict you to some over priced travel portals or limited offer / partner award tickets and other nonsense.
Yea the Altitude Reserve is pretty incredible for the fact that as a high annual fee card it actually earns well for you.
You are comparing a 95 dollar card with a 400 dollar card & thats the reason why its "overrated" in ure book? I am telling you. Credit channels have so many minds absolutely confused. Its trendy and fun to roast the csp but don't allow trends to actually confuse you with the power of this card. u.s. altitude reserve is a 400 dollar card and barely accessible for most due to its strict rules. It also doesn't have travel partners making it totally irrelevant to people who actually transfer for max value (using a travel card as...a travel card) I am not saying the csp is perfect because it for sure needs better multipliers but the recent trend of stomping csp is beyond overhype.
I cant agree more with this. Csp should have better cash back for groceries and gas as premium travel card with an annual fee.
The sapphire preferred sadly isn’t eye candy as it once was
I still think it matches up compared to its peers better than about any other card there is
@@TheRDGuaranteebilt is a no AF card and though I wouldn’t say it’s better, stands on the same Platform the preferred does. I value the concierge of the bilt along with the travel protections and 2x boosters every starts of the month. Sweet card and looks slick. The preferred is due for a rework if it costs $95.
I wish CSP has lounge access
I remember back when I first started learning about credit cards I couldn’t believe that a $95 credit card didn’t have lounge access
But, that’s why we got cards like the venture X out there
If one thing were to happen, the removal of Hyatt as a transfer partner, I am curious to see what the general consensus would be, my guess is that this card would fall off a cliff after the year 1 sign up bonus as I know a lot of people (myself included) that use the CSP (Chase Sapphire Preferred) as the gateway for funneling Chase trifecta points to Hyatt. What I am trying to get at is, with all of the positives pooling and transferring point from an ecosystem (Bilt has one card) is the differentiator for the CSP (Chase Sapphire Preferred). Bilt has no sign up but no annual fee, 3x on dining, 2x on Travel and primary CDW (sound familiar lol) but is missing the 1.5 on the CFU and the 5x on the CFF.Coincidence or not (I am sure it is 100% on purpose) the Citi Stra Premier can now also be a “CSP” 😂.
Hyatt would be a killer loss as a transfer partner. Or if they changed up their point redemption values so that they were way less valuable for aspirational travel. With the Citi Strata Premiere getting relaunched and the Wells Fargo Autograph Journey this space seems like its going to be getting more competitive... which is an awesome thing for us all
I appreciate the objective scoring. Thank you.
You're welcome! Its how I like to think about these cards.
I lost. I transfer funds from my bank and buy crypto and got a Margin call. I don’t even know what this is? I’m using my own money to invest
VX I'd argue might be slightly better if you can get it. I got it only after around 5 months of credit history, though I did apply for the CSP tonight, got pending though so wish me luck!
VX is one of my absolute favorites (and I have it myself). Some people have trouble getting over the $395, even if there is enough value packed in to make your money back. CSP is a great option for them but also a great combo option with the VX like you're doing. Good luck!
The green card is good also
Green card is a low key workhorse for some people. I feel like this one is making a bit of a comeback recently, but maybe that's because the Gold and Platinum are under a little pressure...
I love my CSP, especially the primary CDW! Those big ass coupon books won’t do me any good out here in rural America!
Nope! No value out on the Platinum for you. Glad Chase makes cards that have usability for all different types of needs.
The Preferred is a sock drawer card used only for access to transfer partners. WF Autograph for complete beginner and Citi Strata Premier for those that want to pay an AF. Spend on the Autograph and Strata Premier for earnings. If the Preferred is in your daily wallet, you need to turn in your points snd miles membership card.
American express also charges you a fee to transfer their points to certain transfer partners.
Great callout. I was a little put off when I saw that the first time. Classic "fine print" situation.
Already qualified for my bonus before seeing this!
Congrats! Hope you enjoy the card like I have.
@@TheRDGuarantee I do enjoy it! I’ve had the card since 2019, I did the product change after 4 years and re-applied