Growing up my parents always told us to stay away from credit cards because it was bad for you, but never explained why. When i turned 21 i got my own credit card. Still parents kept saying it was bad. I was able to learn more about credit cards and used it tto my benefit. My parents till this day still believe credit cards are bad. Me on the other hand 10 years later im credit card churning and looking for the next best card to get.
@@yakubpk3483I got one a bit ago and I only got free money out of it and started building my credit score early, just don’t spend what you don’t have and you’ll be good
@@yakubpk3483just makes it so you can finance things. In all reality you don’t absolutely need a credit card but it’s an easy way to build your credit score cause you will eventually need a loan for things such as a house
@@yakubpk3483It should if you use credit correctly. It’ll open you up to a higher credit limit and eventually lower interest rates on loans (including a mortgage).
Brian, I appreciate you man. I've commented before on your videos as well, but after discovering your videos about 8-ish? months ago, I started my journey of credit card churning and was able to rack up a rather significant amount of money as a result. As a 19 year old in college, I was finding some ways that I could earn money, and utilizing credit cards was one of the bigger parts of my success. Thanks to you, I've been able to gather around $10k in credit card bonuses while still maintaining a mid 700 credit score, no late payments, and a 2% utilization rate. My dream car is the Huracan, and I'm on track to getting it in about 5ish years. Hopefully I can come back in 5 years and proudly say that I obtained that goal. Much love, Daniel
If you’re just starting out like 18 or early 20s i don’t recommend a secured card. Discover or Capital One will likely give you a normal card, plus they have pre-approval tools so there’s no risk. Also if you’ve had a long relationship with a bank they may give you a credit card pretty easily too.
No they don’t. This system works because there will always be people who mismanage credit cards the average consumer is not this educated if that were the case, banks would go out of business.
i got denied from 3 secured credit cards but i got approved for the discover it secured card and it should be here this week been watching you and john liang
NOTE: if you are placed under your parent as an authorized user, everything THEY do under their account will affect YOUR credit!! So if they default on a personal payment, it will show up on your account even though you did do that.
thank you for these videos Brian! you have no idea how helpful these are and I hope you realize how much of an impact you make on lives of so many stressed people. wish you and your dog well on your journey :)
How does this change for people who just joined the military? There are so many unique considerations and there’s not much good information out there unless you do it yourself. For example you always assume that amex platinum has a very high annual fee but for military members there is no fee, not to mention that there are a bunch of credit cards from navy federal credit union, penfed, and USAA that are only available to military members.
No point in really adding military cards here if the average person isn't in the military. Better to search for a video specially tailored towards those in military.
@@dms2331more like the average male. Which applies in south Korea and North Korea for “average” males. Whom serve in the military like what? 80% or something yup
Yeah I wouldn’t recommend you getting a credit card till you have a job or more money. Since you just going to want to buy things and be like hey I have a credit card and start spending on it.
How long should i wait before applying for a second card if i was just approved for my first card today? I’m not sure if it would be better to have two cards immediately to build credit or wait a while
I wouldnt close any unless there was an annual fee. And in those cases you can downgrade the card. The ideal is that you keep them open to gain Longevity, availble credit. Closing the card decreases your credit score as well. Just use it sparingly once a month and it will be fine.
Brian not sure you’ll see this but I’ve had the flex car from chase for about 3/4 months now. My score is 710 at 19. Should I apply for the unlimited freedom next? I’d like to hear your thoughts.
So…. You recommend I don’t close my no annual fee credit card… so should I just not use it anymore and apply for another card and use that card instead?
Hi, love your videos, but as a european I cannot apply for any of the cards you mention.. Could you make a video on how to start your credit card journey as a European?
@huntertara6968 You can get a Discover student card. If you aren't a student, you can get a secured card from Discover. Either one is a great starter card.
@@huntertara6968it’s great. They have basic rotating categories offering 5% cashback but for the first year, they double and you can claim 10% if you redeem it after one year of getting the card
Chase has the Freedom Rise for those without a year of credit history. All you need is at least $250 or more in a chase checking account and you are likely to be approved.
Do you need business credit for amex if you recently just got the gold card im looking to get the amex business plus in the coming months got a good credit score
19 Years Old. 7 Personal Cards, 2 Business Cards. Discover Student Cash Back, Apple, Chase Freedom Flex, Bank Of America Customized Cash, Amazon, Amex Gold, Capital One Savor. Chase Preferred and Amex Blue Business Plus. 300,000 Chase Points, 100,000 Amex Points. and $1250+ in cash back combined.
What if I never eat out, don't care about traveling, have 800 credit score, 3k in cash, and am only 15 yrs old. What is the best card to get then? I have very low impulses to buy random stuff.
The best a parent can also do I put his or her child as an authorized user but don’t give kid the card to use. This will still help to make good credit
Hey just wanted to check up on the Amex Green card, You said it was 150 annual but on the Swedish website it said its free. Is that a country thing or am I missing something?
I was put in as an authorized user, applied for the savor one been using it for 2-3 months. if i remove myself as an auth user, will my credit history be wiped off my report? only reason i am thinking of removing myself is because the card I am an auth user on has 89% usage and has carried a balance
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](http://i.ytimg.com/vi/qu47ulGpHDo/mqdefault.jpg)
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](/img/tr.png)
Growing up my parents always told us to stay away from credit cards because it was bad for you, but never explained why. When i turned 21 i got my own credit card. Still parents kept saying it was bad. I was able to learn more about credit cards and used it tto my benefit. My parents till this day still believe credit cards are bad. Me on the other hand 10 years later im credit card churning and looking for the next best card to get.
has credit made your life better or your financial situation easier to manage?
@@yakubpk3483I got one a bit ago and I only got free money out of it and started building my credit score early, just don’t spend what you don’t have and you’ll be good
@@yakubpk3483 Probably both on little level.
@@yakubpk3483just makes it so you can finance things. In all reality you don’t absolutely need a credit card but it’s an easy way to build your credit score cause you will eventually need a loan for things such as a house
@@yakubpk3483It should if you use credit correctly. It’ll open you up to a higher credit limit and eventually lower interest rates on loans (including a mortgage).
Bro literally turned his pain into his gain.
“No pain no gain,” I guess.
740 credit score at 18🙌🏾
Congrats! 🎉
how
Sameee😊
Same but bought a car so it went down 🙂↕️
same i got 740, hopefully hitting 750-760 by 19!
Brian, I appreciate you man. I've commented before on your videos as well, but after discovering your videos about 8-ish? months ago, I started my journey of credit card churning and was able to rack up a rather significant amount of money as a result. As a 19 year old in college, I was finding some ways that I could earn money, and utilizing credit cards was one of the bigger parts of my success. Thanks to you, I've been able to gather around $10k in credit card bonuses while still maintaining a mid 700 credit score, no late payments, and a 2% utilization rate. My dream car is the Huracan, and I'm on track to getting it in about 5ish years. Hopefully I can come back in 5 years and proudly say that I obtained that goal.
Much love,
Daniel
I love this. You can do it- the huracan is a great car
@@JungernautJung bro 😎 what best card! Jung card!
Do you have a well paying job to get all these points?
If you’re just starting out like 18 or early 20s i don’t recommend a secured card. Discover or Capital One will likely give you a normal card, plus they have pre-approval tools so there’s no risk. Also if you’ve had a long relationship with a bank they may give you a credit card pretty easily too.
Capital One's a bit stingy
How about a credit union secured card
@jonhoffman10000 I'm 24 but got my first card in may, got the Savor One in July and the Venture X last week
So what do i get then?
@@TheZombaslayayup capitol one denied be but I got the discover it for my first credit card
So important to get a good foundation of knowledge while you’re young to build up credit as early as possible!
YES KING 🤴 👑 WILL DO!! indeed obviously most important when you’re young! Because we will remember for the rest of our lives to gain money amen!
stay strong king
man, i wish i had access to videos like this when i was graduating high school; no one ever tells you how important gaining a credit score is
Ever have a dad?
@@saqibajmain Not everyone has one so shut up.
@@robergarcia11 i’ll be yours, look what i got🥛
We’re given classes about this thankfully
It’s really nice to have someone who explains life worthy stuff
Yes wish I was freaking told this in middle school!!
Got my first discover student card last month. Hoping that this will be the beginning of a long and successful journey.
Bro is the most hated person by banks fr😂
They started it
No they don’t. This system works because there will always be people who mismanage credit cards the average consumer is not this educated if that were the case, banks would go out of business.
i got denied from 3 secured credit cards but i got approved for the discover it secured card and it should be here this week been watching you and john liang
did that card go well for you? i’m 18 gotta get my first card i don’t have a co signer on it
@@huntertara6968 i have the discover it secured card and its great, they increased my credit limit, returned my deposit, and my credit is great
Did the card go good for you
I’m 25 and still don’t have one 😭 now I’m finally moving out and need credit history. Definitely need a good start here
Bro i got a credit card ad right when i clicked on the video💀
Same it’s kinda scary
I did too🤣
That's how ads work
Just got recommended this. Perfect timing too, because I am actually looking into starting with credit cards at the moment!
how is it going so far?
Awesome video Brian! Love all the content you put out 🔥
Glad you like them!
NOTE: if you are placed under your parent as an authorized user, everything THEY do under their account will affect YOUR credit!! So if they default on a personal payment, it will show up on your account even though you did do that.
thank you for these videos Brian! you have no idea how helpful these are and I hope you realize how much of an impact you make on lives of so many stressed people. wish you and your dog well on your journey :)
How does this change for people who just joined the military? There are so many unique considerations and there’s not much good information out there unless you do it yourself. For example you always assume that amex platinum has a very high annual fee but for military members there is no fee, not to mention that there are a bunch of credit cards from navy federal credit union, penfed, and USAA that are only available to military members.
No point in really adding military cards here if the average person isn't in the military. Better to search for a video specially tailored towards those in military.
@@dms2331more like the average male. Which applies in south Korea and North Korea for “average” males. Whom serve in the military like what? 80% or something yup
im 20 just activated my credit card. been told to never have one. ( i am scared but hella open minded to this)so thank you for this video.
Your mom is very pretty! Thanks for sharing your personal stuff as well. Great video!
14 but we about to hop on the grind
Same here
Same 😂
The algorithm knows who to recommend to
16 but I'm w yall fr we starting early
Look into rami sethi iwt book. Such an eye opener
Very important 9:22
I'm about to turn 16, no job, not a lot of money, what does ANY of this mean bro 😭😭😭
Same brooo
Idk just do the authorised user thingy
If you have no job or money don’t even bother thinking about credit cards until you have a stable income and at least a few thousand to your name.
Yeah I wouldn’t recommend you getting a credit card till you have a job or more money. Since you just going to want to buy things and be like hey I have a credit card and start spending on it.
Get a job before you get a credit card blud 💀
Real video starts at 4:50
I NEED THIS VID IM 17 planning on doing big things this was helpful
No one that has gamer in their user name will go on to do big things
@@aliyussanda3921no one that looks down on someone else will do big things
@@aliyussanda3921hatin not gon get u far either lil bro
@@aliyussanda3921be quiet u were young once
Kid do not get into it yet, you can later but it’s just too much risk for the lack of responsibility teens have
Not expecting an answer but where’s that brown jacket from? Been trying to up my style as well and that jacket is too clean
Brian do you ever cancel any of your credit card? If so how many card did you cancel?
How long should i wait before applying for a second card if i was just approved for my first card today? I’m not sure if it would be better to have two cards immediately to build credit or wait a while
usually its best to wait a year inbetween credit cards!
@@quentinkeith3654for the standard non annual fee credit cards you really only have to wait 2-3 months
Credit cards are simultaneously the best thing for our economy, and the worst
Make the rich richer and make the poor poorer
It’s so funny my parents were the complete opposite the always told be to open up a credit card and finally at 19 I did after their years of begging
I personally don’t think I need14/15 credit cards as a beginner. I really just need to find a way to grow/build my credit
Do you recommend closing credit cards after you use the sign rewards and no longer need the card?
Never close a card unless absolutely necessary
I wouldnt close any unless there was an annual fee. And in those cases you can downgrade the card. The ideal is that you keep them open to gain Longevity, availble credit. Closing the card decreases your credit score as well. Just use it sparingly once a month and it will be fine.
If you become an authorized user on ya parents card it helps boost your own score if they are 700+
3:30 it’s actually not lol. I had my debit get skimmed and someone cleaned my checking account - bank reversed charges and the overdraft fee obviously
This video's a literal gem
Jesus loves you guys so much. God is with yall through all of your problems
Thanks. Video was helpful
You should wright a book about fixing credit
Learn More About My Favorite Cards Mentioned Here: brianjung.org/Favorites
That story gave me chills man.
Are secured credit cards better than student credit cards?
@@gabrieltamayo4363 never use your debit card. Only Credit card.
as an 18 year old, do you have to show a income to banks when applying for first credit card???
Yes
Brian not sure you’ll see this but I’ve had the flex car from chase for about 3/4 months now. My score is 710 at 19. Should I apply for the unlimited freedom next? I’d like to hear your thoughts.
No
But you're winning in life
@@weirdmyst7963 how come no bro? any reason
So…. You recommend I don’t close my no annual fee credit card… so should I just not use it anymore and apply for another card and use that card instead?
Yes ! (I made that mistake already)
@@deeurb916 I see
25 and just now getting into it
The american express gold card has an annual fee increase from 250 to 325 now
Thanks for the knowledge. I’ll be going places in a few years.
Works in every bank sistem even in other countries
Amazing video. Thank you so much for your knowledge and experience.
If I don’t use the credit card for a few months, will the issuer close the card???
Usually if you use the card atleast once a year you’re safe but maybe use it once every few months
literally in debt as i watch this
Hi, love your videos, but as a european I cannot apply for any of the cards you mention.. Could you make a video on how to start your credit card journey as a European?
Well, you pretty much can't. There's a cap on credit card fees in the EU, and as such the benefits on credit cards here are pretty much non-existent.
@@carsandtools Fantastic to hear that as a European teenager. It looks like my life won't be easy here. At least there are no school shootings...
@@Bartekwis Bruh...
757 score at 19🙏🏽
Don’t you need to wait a year of credit for Chase cards to be approvals? I already have a discover it.
is the discover card good and if so what kind? 18 y/o i make good money but do not have a co signer
@huntertara6968 You can get a Discover student card. If you aren't a student, you can get a secured card from Discover. Either one is a great starter card.
@@huntertara6968it’s great. They have basic rotating categories offering 5% cashback but for the first year, they double and you can claim 10% if you redeem it after one year of getting the card
Chase has the Freedom Rise for those without a year of credit history. All you need is at least $250 or more in a chase checking account and you are likely to be approved.
Got declined for a secured card because im not a college student…ridiculous
Agreed
You are very inspirational! ❤
Do you need business credit for amex if you recently just got the gold card im looking to get the amex business plus in the coming months got a good credit score
what would be an optimal strategy for someone who started with a quicksilver?
You can still follow my optimal sequence I mentioned in this video even with a quicksilver
Im 20 i want an credit card which one i should grab??
What about discover student cards it that one a good choice
Yes, a great starter card.
Literally got an ad for the Amex gold
Youre amazing brian your parents raised an amazing person ❤
Wow, this is a really great and insightful video! I just wish videos like these would have Chinese subs so I could show my mother 😭
I’m 17 and looking for a good place to start any ideas or suggestions 📲
aye love the sleeve tat man
good luck figuring out how much you are actually spending if you have to shuffle between 20 different cards
This guys the credit card craftsman
19 Years Old. 7 Personal Cards, 2 Business Cards. Discover Student Cash Back, Apple, Chase Freedom Flex, Bank Of America Customized Cash, Amazon, Amex Gold, Capital One Savor. Chase Preferred and Amex Blue Business Plus. 300,000 Chase Points, 100,000 Amex Points. and $1250+ in cash back combined.
How
How much debt tho
Frfr
How about a video on making money outside of a job.
That’s why I quit credit cards, too many sweats
Thanks man
What if I never eat out, don't care about traveling, have 800 credit score, 3k in cash, and am only 15 yrs old. What is the best card to get then? I have very low impulses to buy random stuff.
Don’t get a credit card till your 18, just make sure ur on ur parents authorized users list
780 at 18🥳‼️
Is it possible to aquire these cards even if I live outside of America?
Don’t forget about the secret route where if you join the army you get the annual fee waived for amex cards
place save 3:08
sure it was the card and not the 1.46 MILLION subs channel, of course.
I got my first credit card is the capital one silver one
If i have a chase savings account will I have a better chance of being accepted for one of their cards when I turn 18?
Possibly, also open a checking account when you turn 18
August 18 2024 Sunday 10:58
Can you do this online or do you have to go to the bank ? How did u ?
You should go to the bank in person and ask to see a card provider and ask them all your questions. Hope this reply wasn't too late
Good boy I'm proud 🎉
Yessirr, thanks mannn !!
What if the credit card we already have had for about a year does have a fee? Should I close out the card and get a card without fees?
This was amazing I took note of all of it thank you so much Jung.
I’m 18 and I Just got my first credit card today, it is the reflect card. Am I able to get the freedom flex card at chase also, without any mishaps?
Thank you ❤
I am 18 years old and looking for recommendations on the most secure bank to get a credit card.
The Apple card is probably the best card you can have
17 yrold here, Should you cancel the freedom flex beginner card when you upgrade to sapphire preferred it says after 15 months the flex has a APR?
I’m 17 too but I don’t think you’re supposed to cancel a card unless it’s critically necessary
Crazyyyyy thumbnail bro
This video really helped
What happens if you had one but never used it and they closed your account?
Why do none of your videos mention any canadian bank starter cards like bmo, td, etc?
Because im not 18, do i have to apply for a secured credit card? Or can i get a regular credit card
I think You have to be 18 y or older to get credit card secured or unsecured.
Some banks will let you be an authorized user to your parents. So it’ll build your credit. But to have your own you need to be 18
The best a parent can also do I put his or her child as an authorized user but don’t give kid the card to use. This will still help to make good credit
753 credit score at 21
I wanna get a credit card to open up a savings account
thank you 🙏
Please wait at least a year before applying for sapphire
Hey just wanted to check up on the Amex Green card, You said it was 150 annual but on the Swedish website it said its free. Is that a country thing or am I missing something?
Country thing. A lot of this info is completely different for different countries.
I have a 700 credit score and got denied by chase that’s tragic!
Credit score =/= credit history.
I was put in as an authorized user, applied for the savor one been using it for 2-3 months. if i remove myself as an auth user, will my credit history be wiped off my report? only reason i am thinking of removing myself is because the card I am an auth user on has 89% usage and has carried a balance
What are the good credit cards in Canada