CREDIT CARDS AUSTRALIA 101: How I Use Credit Card Rewards To Get FREE STUFF

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  • Опубликовано: 29 окт 2024

Комментарии • 73

  • @goldensnow303
    @goldensnow303 3 года назад +12

    Great tips and new ideas for me once again Queenie. I pay off my credit card in full every month. As I don't travel I choose to have my points automatically redeemed for $100 cash which gets deposited into my credit card. 👌

  • @henrymichal8522
    @henrymichal8522 3 года назад +3

    As always you make some great points Queenie. The One takeaway ( I knew this already) was banks look at the limits on your credit cards as a potential debt and your ability to repay that debt. Even though you only owe a small amount or owe nothing. At the same time, banks are quite happy tp increase your limit , I never do and my limits have not changed in 30 years, and never will. Stay in control of your personal finances. Thanks again Queenie.

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад +1

      Thanks Henry! Yes agree that’s why I reduce my credit limit when I’m applying for loans. So true that they are happy to increase our limit but the key is knowing!

  • @pandabossanna
    @pandabossanna 3 года назад +11

    I literally LOVE my Amex card more than anything!

  • @vanessah4796
    @vanessah4796 3 года назад +2

    I love my credit cards points. Used them to pay for my families flights to Hamilton Island. Love your vidoes

  • @PierceJPeterson
    @PierceJPeterson 3 года назад +6

    Credit cards are great if used correctly! Awesome video, Queenie!

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      Totally agree!! If used correctly we can get heaps of free benefits and rewards!

  • @RogerHammond
    @RogerHammond 2 года назад +1

    One more gotcha with not paying your card off in full is that you lose the "interest free" status. Your 55 (or whatever) interest free days is gone until you get a zero balance statement (or complete a statement cycle with payment in full). So, if you get charged interest on an outstanding balance - pay it off in full + some daily interest to make absolutely sure the card is paid off and not accruing further interest and then set it aside (including switching all regular payments...or pre-pay the scheduled payments onto the card) and use another card until you get a zero-balance statement again.

  • @mastermindm4575
    @mastermindm4575 3 года назад +4

    This was very informative and helpful, you’re truly amazing Queenie👑🚀

  • @elizabethpalu2447
    @elizabethpalu2447 3 года назад +1

    Also to mention that if you unknowingly apply for a credit card online (I.e. they do a check but you're not really applying for a credit card) it goes on your credit record and registers as a rejection. Also banks actually look at total of the card vs what's on the card. E.g. if I have a $5K card though I have a $0 balance it's added as a $5K debt coz there's potential you would use the debt. Really depends on how much you earn whether that matters or not.

  • @itsmattaitken
    @itsmattaitken 2 года назад

    Very well explained Queenie!

  • @ASXAnalytics
    @ASXAnalytics 3 года назад +7

    100% love those reward points, wipes hundred off the family holiday bill!
    Master the cards, or they will master us.. Thnks for sharing Queenie!

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      Sooo true!! It's all about "mastering" the cards as you say :)

  • @OmidKamyab
    @OmidKamyab 3 года назад +1

    Great video, I’m trying to get into credit cards myself!

  • @wills.364
    @wills.364 3 года назад +3

    I’ve been using my card to raise my points for rewards! Gotta long way to go to catch up with mom lol

  • @throughthelife3275
    @throughthelife3275 2 года назад

    thank you, it is very elaborated

  • @Jay-vt2so
    @Jay-vt2so Год назад

    Here from America 🇺🇸 😁

  • @MrNicbetts
    @MrNicbetts 3 года назад

    great video, thank you

  • @JGO-o7k
    @JGO-o7k Год назад

    So are you saying you are changing credit cards every year? Just to get the bonus points? Does that cause any problems

  • @mattyloucas
    @mattyloucas 2 года назад

    SOOOO fkn helpful! Thank you :)

  • @benpatana7664
    @benpatana7664 3 года назад +3

    Hardly anyone seems to accept Amex in Australia and New Zealand. I only keep mine for use when travelling in the United States.

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      That's true, that's why I also have a Mastercard or a Visa credit card as a backup 😊

  • @joymae
    @joymae 3 года назад +1

    I just used my credit card points to buy my flight to Miami

  • @Chaziradncjfdn
    @Chaziradncjfdn 2 года назад

    Very helpful Queenie. Personally I don't care too much about travelling. Wondering if any of these points hacks will be useful for me.

  • @travv88
    @travv88 Год назад

    I don't want to travel. Is there any point even looking into credit cards then?

  • @mariovillada9354
    @mariovillada9354 2 года назад

    Thanks for the video. Would you share the link for the finder app you talk about?

    • @InvestWithQueenie
      @InvestWithQueenie  2 года назад +1

      Hi Mario, sure, here is the link: www.finder.com.au/app

  • @lucyanthony4391
    @lucyanthony4391 3 года назад +1

    Hi Queenie, how often do you change credit cards to maximise points? Is it every year?

  • @icmull
    @icmull 3 года назад +1

    Im one of the only millenials I know with a cc. Everyone else is so scared. They think they are smart with afterpay meanwhile Im getting free flights to Europe...

  • @StartSomewhereMedia
    @StartSomewhereMedia 3 года назад

    Great content and advice Queenie money smart always

  • @np0017
    @np0017 3 года назад

    Does this mean you cancel the card once you have used your flight? Then get another card for the next flight?

  • @julianaperez1172
    @julianaperez1172 2 года назад

    Hi I just applied yesterday for the American Express ultimate and I forgot to do it with your link .. can I do it again with your link even if I am waiting for the outcome that said that can take 5-10 days or it will affect me to send again the application
    Thank you

  • @Real.Estate.Report
    @Real.Estate.Report 3 года назад +2

    I still only use 1 card for all of my needs but I've thought about doing the credit card hacks for those sign on bonuses!

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      The sign up bonuses are the best part for sure! You get $1000s in free rewards!

  • @dianaahmadi7380
    @dianaahmadi7380 3 года назад

    Hey queenie what is credit limit?

  • @sayuritube
    @sayuritube 3 года назад +1

    Hi Queenie, is there any way to put rent through a credit card to help with minimum payments?

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад +1

      Unfortunately not - I tried doing this :(

    • @harto1999
      @harto1999 3 года назад

      Hi Queenie and Sayuri - have you tried using RentPay? I plan to use it to meet minimum spends although I'd hope that it would count as an 'eligible purchase'

  • @Neemofam
    @Neemofam 3 года назад

    hey i just want to ask do u make class or session to teach on investment? if yes where I can access

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      I have a video playlist you can check out too ☺️ ruclips.net/p/PLeFIUXIn7EMn9nZp8wayg2xDFgyfVc8Fw

  • @itsnowornever7697
    @itsnowornever7697 2 года назад

    I have never had a credit card in my life you need to spend $3000 in the 1st 3 months can you pay registration & all of my food to make up that 3k
    thanks

  • @mohammadnoori6413
    @mohammadnoori6413 3 года назад

    Which credit card are you using

  • @adriancee7335
    @adriancee7335 3 года назад

    How do you claim your fees as travel?

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      The annual fee is sometimes given as a credit so you kind of use it like a gift card!

  • @sonnydickson6651
    @sonnydickson6651 3 года назад

    Please make a video on RAC

  • @mohammadnoori6413
    @mohammadnoori6413 3 года назад

    Which one do you recon

    • @InvestWithQueenie
      @InvestWithQueenie  3 года назад

      Check out the Finder app to compare credit cards! I like AMEX frequently flyer credit cards usually ☺️ I have a link in my bio to my credit card!

  • @chittychangbang
    @chittychangbang 3 года назад

    the link to your amex is broken

  • @APEtv2013
    @APEtv2013 3 года назад

    Hectic

  • @Sam-pn2kc
    @Sam-pn2kc 3 года назад

    My metal credit card master card world elite and it comes with visa infinity. I get unlimited lounge access

  • @isaac_varcoe
    @isaac_varcoe Год назад

    queenie, where are you bruu

  • @johnbui5822
    @johnbui5822 3 года назад

    early.nice

  • @markwillentdion
    @markwillentdion Год назад

    Debet 442.880.000.000,-dirham.