Mark Reese // Credit & Finance
Mark Reese // Credit & Finance
Hey everyone! My name is Mark and I've been involved with the credit card industry since 2013. Over the years I've earned thousands of dollars in cash back and accrued millions points & miles to make expensive trips a lot more affordable. Now, with dozens of credit cards and a 760+ FICO score, I'm here to HELP YOU WIN the credit game and put more money in your pocket. Follow along as I mix credit card reviews and personal finance tips so you can take control of your financial health. See you in the videos!
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So you're telling me that the Citi Strata Premier is the ONLY Citi card with travel/retail and insurance protections? As the Chase counterpart of the CCC and CDC which would be the CFF and CFU would have travel/retail and insurance protections for the no annual fee?
Thank you Mark!! Great Info!!
Clear profits off of adding confusion and classism to mandatory government processes at no benefit to the system. If everyone had Clear, no one would benefit from the line-hopping service they're selling. Furthermore they sell your biometrics to the highest bidder. Their cancelation policies are the least sketchy part of this company. Please consider Global Entry or TSA precheck instead.
I heard that Citi’s customer service is no good. Has anybody experienced great service from them?or otherwise?
Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.
The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.
@@richardmartins2574 I agree. From my own experience with an investment advisor, I've got $1 million in a diverse portfolio that's growing fast. It's not just about having money for stocks; you need to know your stuff, stay determined, and be resilient.
@@LiamOlivia-4 Mind if I ask you to recommend this particular coach you using their service?
@@JasonStathamOffical Victoria Carmen Santaella is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
@@LiamOlivia-4 Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
Can you do a video on using 5% cash back credit cards to purchase miles, or points when they go on sale for 50-70% off? This would more than double the CPP value
Great info 👍
Got both cards but keeping Amex Platinum for Delta lounge access plus FHR/hotel collections benefits.
Stay away from US Bank! They cheated me out of hundreds of dollars in rewards because I spent a couple hundred dollars in gift cards and I sounded younger than my true age on the phone. A scum company!
Thanks. Great info
Mark, I did a product change yesterday: from the AMEX Platinum to AMEX Green. This video was very helpful. Especially for me, dining at the restaurant in the hotel to charge to my room. Thank you so much.
Citi is criminally underrated. Mops the floor with the Chase trifecta in every category (except referral bonuses for creators). Far and away the best trifecta for most people (if they want more than 1 card). Plus, there’s the multiple-Custom-Cash downgrade route for more advanced users, and the Rewards+ card for 10% redemption bonus.
Chase is a big no for me. After nearly 15 years of banking with them, they suddenly decided to close my account. I've learned that Chase is notorious for closing accounts without notice and often doesn't provide any reason, reserving the right to withhold that information. Do yourself a favor and don’t do it!!!!
I’d use the citi trifecta if I could get approved for it lol, but I only got 1.2 years in credit history
Sounds nice, but I'd keep forgetting to open the damn app! Would have been nice to just enter a pin that can be linked to your member account. like a 4 digit pin. and you are good to go
Hey mark! Quick question, now it’s only one welcome offer from Amex charge cards? I’ve already have the Amex gold card, that said I can get the Amex platinum offer? Also I have the Charles Schwab version of that card, but I’ve seen in past that a lot of people have the three version of the platinum card with all the welcome offer from them! Please tell it’s a lie 🤣
In order to get the welcome offer on each Amex charge card, you'll need to get them in order from lowest annual fee to highest (Green > Gold > Platinum).
@@MarkReese I have the gold and now the Charles Schwab platinum, for the vanilla you think I could have the welcome offer in a couple of months? Thanks again Mark, have a great 4th of July🇺🇸🔥
The schwab plat my be the game changer for an Amex setup
Watching why you switched over makes sense for me as well knowing that I’m a single soldier in the barracks where I don’t have much spend. Thanks bro!!!
Mark, you nailed it! CITI trifecta get more rewards. Custom Cash is Dynomite!
Using your SSN will affect your personal credit report. Not what I am looking for. Thx.
It could affect your score temporarily due to a hard inquiry. Beyond that, there's no effect with many of the larger banks because the small business cards do not get reported to your personal credit report.
It's super easy smashing for us KZreadrs I just put down that I work at Amazon and I'm a KZreadr and they gave me like $5,000 limit I've never even had a credit card before I have absolutely zero credit never did any of that I've always paid with cash my whole life until now but anyone out there just tell me you're a KZreadr it helps for a lot of things but you probably necessarily probably should be a KZreadr to use that they might ask I'm not sure I don't even use that for my cable I've had two technicians come to my house for my internet and I've had a person up the street was like I can't even get one of them there and I'm like I'm a KZreadr some companies don't want to lose me and have a bad video made about him
Anyone trying to get a Capital One increase with a low limit card for me personally letting 70% utizlization report to the credit bureau then pay off the balance completely to $0 then applying for CLI my card went from $400 to $8000 (originaly requested $15,000) *It could take up to 3 months of doing that for me it only took 2 because it was sock drawered*
I would say city quadfecta if you add Rewards +. Do not sleep on Rewards + if you use it to get snacks and a cup of coffee daily. Can easily bring in $100 a year
i have no iphone or ipad and got the apple card... they didn't send me any card and I have no way to use it... so shit....
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hi mark, pls i need your help, i am based in dubai, i have my ein and itin and i wanna apply for a usa amex . pls can u make a video about pls i need guidance thanks
The offers mentioned on this channel are often for US residents only (that's a requirement to get the Amex Platinum Card offer in the US). I'm not aware of a way to get the US version in Dubai.
I was able to upgrade my gold card to a platinum card with a 50k bonus offer after spending 2k witching 6 months just over the weekend. I will be getting my new card this week as I had to get some dental work done where I will hit my spending mark. When I got my gold. Card I did get a 90k offer originally. So I still have that plus what I will get from the new offer with the new card
Congrats!
Hi thanks for the info, The property we live in the mortgage is in my spouses name, do you think I can pay the mortgage from my bilt card or does the name on the rent/mortgage has to be same as the bilt account holder? Also if thats no possible can I pay rent to my spouse and have her pay me back (or is that not advisable for tax purposes) thanks
Mortgage payments are not accepted by Bilt at this time. If you two are not in a standard rent payment situation, then I personally wouldn't attempt it. Trying to game the system isn't worth it.
After paying off a auto loan,why does a credit score drop?Is it temporary?
Here's a good overview of what likely happened: www.cnet.com/personal-finance/credit-cards/advice/heres-why-your-credit-score-dropped-after-paying-off-your-debt/
How long should i wait before applying for the venture x? I just got the savor one and dont want to get denied.
I personally adhere to the 6-month timeframe, but that's likely not required. I'm not sure if Capital One's systems have a hard set "minimum wait period" between their cards.
If the Citi transfer partners fit my needs I would switch over. For now I am sticking with Chase and AmEx.
Soul south Korea has the best lounge.
So I just got off the phone with Citi and I was told that, if I combine my credit card accounts to have the Thank You points together which is the Custom Cash and Premiere that I wouldn't be able to use my points from the Custom Cash card towards airlines. I don't know if this is something new or if I just got a bad rep that didn't know what he was doing, so not sure. Thoughts?
I was told the same thing. However, travel bloggers have experience the opposite (that is, it should work). I haven't done the experiment myself yet. That's on my list though.
I spent a lot on my Platinum and was continuously getting retention offers until June 2023 when they said no and that I used enough benefits to offset the cost, so no retention offers to make up the difference. Had I known that, I never would have used Sacks $100 or Wal*Mart $120. In truth, the Hilton AMEX was always going to be something I moved to (and did).
Have to respect the abilities to earn x3 to X5 for gas and groceries. I've been getting back to back freedom sign up promotions with chase. Player #2 will be helping for years 3 &4. Then I will have to redue it in 2 years if they still have them. It would be easier if chase watches this post and adds them as a full time catogory.
Is there any differences between choosing EIN and SSN for Tax ID type? for example any drawbacks in personal taxation or higher risk of application denial
I don't have data to suggest an answer to that.
I am still on Team SUB
I love the Citi Trifecta on paper, but its really hard to argue against transferring points to UA, SW, and Hyatt from Chase for my situation. These are my most commonly used companies due to cost effectiveness and whats common in my region. I wish Citi’s transfer partners were just a bit stronger overall to be most competitive for me.
Why have I not seen any of the credit card people I watch closely talk about the Freedom Unlimited giving 5% back on gas? I don't understand, I realize this is an older video but not one has mentioned it. Maybe I got lucky and applied at the right time....
Because it's not a permanent category. It may be offered for a limited time as part of the welcome offer in Year 1, and it may be a 5% category for a quarter of the year. Once those expire, the card only earns 1% on Gas going forward.
Was approved for the Amex Platinum Card with no spending limit 😮 nervous but have had other Amex cards in the past but for Hotels. Stoked either way though 😉
Congrats on the approval! The Green, Gold, Platinum, Centurion, and Plum cards all have no preset spending limit. They're charge cards at their core, not credit cards 💳
Well I feel ripped off I only got offered the 80K bonus offer but Walmart plus along with the digital credit and a couple other things will pretty much pay most of the yearly fee along with a few other things so it's all good I guess
Really wish you'd done this with the Chase Sapphire Reserve since get bonus for use of points.
I came to this same conclusion about 3 years ago. the ONLY time I care about these cards and ONLY the Chase Freedom Flex is when Amazon is one of the categories (like right not). Not worth the mental space.
As always, thank you for a great informational video. Very well thought-out and presented.
Who ever did that tile/grout work should be fired.
😂
How come the set aside money is the non-monthly expense? I didn't understand that part?
For me, I put money aside to cover things that are not charged on a monthly basis (e.g. auto insurance, Amazon Prime membership fee, healthcare expenses, credit card annual fees, etc.). That way, when those expenses come up, I have funds to cover them.
Is Pay yourself the same as savings?
Yep. It was just my way of saying, "I'm choosing to put aside $X for myself."
And Once Again Your Advice Is Golden! I Followed your lead and was offered 25,000 MR Points to Spend $3k within 3 Months. You are the man! Thank You.
Im fairly new to the credit card game. I had just one credit card for 17 years, the navy federal go rewards, but i just added 4 new ones for a quadfecta. Im not yet a credit card warrior, but i aspire to be.
Well done & congrats on those 4 new approvals!
Respect 🫡
I will not ditch my CSR because I get 3x points on Uber/Grab, which would only be 1x on Citi (2x max). I take ride shares a lot.
Could be 5x if you use your Custom Cash for rideshares or 3x on Strata. Uber and Lyft code as Travel category. Not familiar with Grab.