I got a Terrible Credit Card? Why?

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  • Опубликовано: 22 окт 2024

Комментарии • 79

  • @DugrozReports
    @DugrozReports 2 месяца назад +1

    The worst part about business class overseas travel with a family is those taxes and fees!!!
    Trying to find for 4 people, round-trip, next summer, and it's daunting!

  • @paulfelkner6749
    @paulfelkner6749 2 месяца назад +1

    I agree, IHG has very good redemptions compared to Hilton even though most rate them both at .5 cents. And Intercontinentals are really cheap overseas.
    Staying at the Rabat Conrad this September and will let you know.

  • @thomaslautenberger6447
    @thomaslautenberger6447 2 месяца назад +2

    Thanks uncle Luke!

  • @jimmyjames6492
    @jimmyjames6492 2 месяца назад +2

    Thanks for the info + video!

  • @paulstein916
    @paulstein916 2 месяца назад +2

    I agree with you 100% on making memorable trips with Carlos.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@paulstein916 he’s loving it and he’s a great traveler.

  • @faisalbilal1107
    @faisalbilal1107 2 месяца назад +2

    Where are you getting a business class ticket for 45k miles?

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      @@faisalbilal1107 apparently the saver awards for business have gone up recently to 65k. Just a few months ago they were 45k.

  • @Frederico.Huguenin
    @Frederico.Huguenin 2 месяца назад +1

    Yeah man, this card absolutely sucks. Nothing justifies an annual fee, no benefits, no path to status and mediocre miles earnings. Hit the bonus and close it out

  • @Leoprieto74
    @Leoprieto74 2 месяца назад +9

    This is my strategy: I only apply for cards that I want to keep in my wallet till death do us part. In other words, does the card provide value to me on year 2 and beyond (long term)? I also go after the cards with elevated travel perks and benefits. Till this day, I have 16 cards and I don’t have any other card in my sight for now. Other than a potential future more premium Chase World of Hyatt card.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +2

      @@Leoprieto74 I think that’s a great strategy. Although im pessimistic about any new Hyatt cards.

    • @Leoprieto74
      @Leoprieto74 2 месяца назад +3

      @@LukesPointsandMiles 👍,… 😂, only rumors about a potential more premium WoH card. Still, no rush with me, I am a Marriott guy with Hilton in 2nd place.

  • @JPBuffet
    @JPBuffet 2 месяца назад +1

    Ever since I got into credit cards as a hobby I love collecting the cards. Thanks for the video Luke. I will say, for me, if a card looks cool I might shamelessly grab it lol.

  • @paulfelkner6749
    @paulfelkner6749 2 месяца назад +1

    I'm with you with going after hotel cards, already have cards for Hilton, IHG, Marriott (per & bus) and four airline cards so next on the list are:
    Wyndham Business
    IHG business
    Choice personal
    Hyatt personal
    Wyndham business
    Best Western

  • @Xavier_ID.
    @Xavier_ID. 2 месяца назад +1

    I was soo close to pulling the trigger on this card! I got pre-approved but there was no way to tell if I would get the metal card 😂 so I backed out. I really only wanted it for limited release metal card. Nice add to your collection 👍🏼

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      @@Xavier_ID. haha. I feel like since the offer for the metal is still there, ill get the metal card

    • @Xavier_ID.
      @Xavier_ID. 2 месяца назад +1

      @@LukesPointsandMiles I hope so man! Good luck!

  • @mostlyfreetravel
    @mostlyfreetravel 2 месяца назад +1

    I would be applying for this card also if I wasn’t buying a new house & going through the mortgage process. Maybe in a few months. I think they increased that 45K business class to 65K earlier in the year. Sounds like you’ve got some great memories with your cards and family. I’m so jealous you have that limited edition Delta reserve card! The darker one was so much cooler than the lighter one.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@mostlyfreetravel it’s sure was but that card also reminds me of deltas melt down that summer that canceled out Cancun trip. Haha

    • @mostlyfreetravel
      @mostlyfreetravel 2 месяца назад +1

      ☠️

  • @MichaelPithium89
    @MichaelPithium89 2 месяца назад +2

    I feel you there brother lol I’m at the point to where I just grabbed a card for my local grocery store 🤦🏾‍♂️
    What do you think about the wells onekey cards?

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      @@MichaelPithium89 the one key cards are really interesting for a free agent traveler. Rakuten + Expedia = good Gaines. But then I start thinking about no annual fee 5% cash back cards.

  • @kirk1701
    @kirk1701 2 месяца назад +1

    I have an H-E-B card by Imprint.
    No annual fee.
    5% on H-E-B products and deliveries.
    1.5% on everything else.
    I’m trying to see if they have phone protection and travel cancellation since it is Visa Signature card.
    It’s my main card now as I’m looking for a good travel card and maybe another cash back to compliment it. (I’m looking for an alternative to the Capital One duo or the Chase trifecta).
    My other cards are older ones when I was still ignorant about the card game: Discover It and Legacy Visa.
    I also have the Wander Card by Credit One Bank that I got mainly for the commercials, but that card offers very, very, very little for the $95 annual fee. And I may close after having it for almost a year.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@kirk1701 the discover IT is one of the best starter cards in the game. I feel like everyone should have one!!

  • @IceIcelce
    @IceIcelce 2 месяца назад +3

    Ugh IHG redemptions have been getting worse and worse. Thank goodness for Hilton.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +2

      There are some really nice sweet spots with IHg.

    • @EdgarCrespo-qz7kl
      @EdgarCrespo-qz7kl 2 месяца назад +1

      Just use the chase portal with the CSR and you'll get 1.5 cpp. When comparing with IHG pricing even with the 4th night free you get a better redemption rate.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      well that's interesting. But I cant buy Chase points for half. penny each. Cashing out a Chase point and purchasing 2 IHG points and then getting 1 cpp basically beats that 1.5 by 25%

    • @EdgarCrespo-qz7kl
      @EdgarCrespo-qz7kl 2 месяца назад

      Good point ​@@LukesPointsandMiles

    • @IceIcelce
      @IceIcelce 2 месяца назад +1

      @@LukesPointsandMiles ya I’ve gotten a few decently priced nights near national parks during peak season but with this SLH thing I’m thinking the next time I’ll just skip paying 40-50k IHG/night to stay at some random Holiday Inn Express and just pay 80-90k HH a night and stay at SLH. Same boat as you though, maxed out Hilton points buying on P1 and P2. I guess this is lifestyle inflation.
      Also I should really start looking at IC/Kimpton hotels more in big cities. Usually there’s a decently price JW, GH or whatnot and I just book that instead of checking IHG. just a shame there’s basically zero value in redeeming points at Six Senses.

  • @887363
    @887363 2 месяца назад +1

    I am still early game but if i was late game, i would absolutely go for that card just for the SUB

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@887363 I don’t think it was a great idea but hey, points are points.

  • @L-Man-Gaming
    @L-Man-Gaming 2 месяца назад +5

    The end game is kind of depressing not going to lie 😂
    Banks can’t keep up I guess

    • @TheZombaslaya
      @TheZombaslaya 2 месяца назад +2

      US Bank Altitude Reserve and chill.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      @@TheZombaslaya the USBAR with satisfy anyone’s need for bonuses. But holding it while scooping these little ones might be a cool.

  • @thirtynine392001
    @thirtynine392001 2 месяца назад +1

    Great perspective, Uncle Luke. I see travel - and the memories that it creates - as an investment in myself just as I see education as one of the most important investments that a person can make in him- or herself.
    You're exactly right: it really brings history to life when you've set foot on the places that you read about in books. 🤯

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@thirtynine392001 I feel sorry for my son’s teachers! Haha

  • @krs1905
    @krs1905 2 месяца назад +4

    I’m at the point where I’m about to start adding free AUs to my Amex cards for 15k MR points for a few thousand spend.

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      Ha! Yeah I’ve done that. I don’t really do it anymore just because I hate spending on them

  • @ari_doubleu
    @ari_doubleu 2 месяца назад +1

    Hey uncle Luke, I think you said the price for a business class flight from north America to Istanbul was 45k miles, but that was before that nasty devaluation in Feb, now it's 65k

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@ari_doubleu are you sure? I thought three was still savor awards for 45k?

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +2

      @@ari_doubleu looks like you’re right. Well that makes this card even worse. Haha. Oh well I’ve already hit the bonus so I guess I can get 2/3 of the way to a ticket.

    • @ari_doubleu
      @ari_doubleu 2 месяца назад +1

      @@LukesPointsandMiles yeah I just confirmed, the "promotional" price, AKA saver award, is 65k. I verified on a ticket I found from JFK to IST on 1/9/25. Sad!

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@ari_doubleu well I’m hoping there are still 10k United flights haha.

    • @ari_doubleu
      @ari_doubleu 2 месяца назад +1

      @@LukesPointsandMiles same lolol I transferred 45k right before the devaluation 🤦

  • @jarete.1491
    @jarete.1491 2 месяца назад +1

    How often would you recommend going for a SUB rather than spending toward a FNC with a surpass at $15k? I’m getting 8.64 CPP redemptions with Hilton points (including 5th night free), and staying at a Conrad for $622/night = 6.74% return on spend. Even when my car payment, prepaid college, or PayPal employee expenses charge a 3% fee, that’s still a 3.74% return. I have 4 surpass allowing me to do this 4 times. I mix in a SUB when possible, but my days off of work are limited (so while I still earn plenty of transferable points, I also think the ability to stay at Conrads for a reasonable return is a good idea). What about only using the venture X/Savor one after hitting the 15k spend threadholds? That way the capital one is a backup? (I have and use those cards currently.) Thoughts on all the above? Also, if you’re coming to Fort Lauderdale soon and would like to let me buy you a beer, would love to meet ya and talk points!

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@jarete.1491 we just got back from the Conrad Fort Lauderdale! I think the surpass FNC’s are 100% worth it. I have to question 8.64 cpp on Hilton redemptions though. That’s not something I’ve ever seen or heard of. Might this be a decimal issue? .864 seems like a better than average redemption.

    • @jarete.1491
      @jarete.1491 2 месяца назад +2

      @@LukesPointsandMiles haha yes, I was typing while trying to take care of the kiddo. 0.864 is what I meant. Hope you enjoyed the Conrad!

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@jarete.1491 the Conrad is great. But it maybe time for us to find a new “regular” place

  • @generousy.710
    @generousy.710 2 месяца назад +1

    Do you worry about your SSN and personal information everywhere and the risk of exposure when a financial institution is hacked ?

  • @PhilMo78
    @PhilMo78 2 месяца назад +1

    Love this! Why not right? Get what you can on spend you are making!!! Spend and get 1 or 2x, or get a SUB....no contest! Congrats I guess???? Thanks for the video!! Better bring that card to show off at Nola

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@PhilMo78 ha! I’m sure I’ll be the only one there with that card! Haha

  • @bt3299
    @bt3299 2 месяца назад +1

    Thumbs up, u mean no free check bags, status upgrade, tsa precheck or lounge access? Give me a metal card and waive annual fee might be worth it.... where is ur referral link for this card?

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад

      @@bt3299 I don’t think here is a link for this one! Haha. And yea, no benefits at all haha

  • @SYS-ky7zk
    @SYS-ky7zk 2 месяца назад +1

    Luke, as you mentioned, this card will definitely give you an excuse to visit Istanbul/Turkey. I hope you won't apply for Communist nation airline or Code 4(Dangerous to visit country) card in the future. 😆😂

    • @LukesPointsandMiles
      @LukesPointsandMiles  2 месяца назад +1

      @@SYS-ky7zk 🤣 no I think I’m sticking to business cards after this.

  • @robertjarrell7276
    @robertjarrell7276 2 месяца назад +1

    Wow you have cards for 2025 already! 😂.

  • @caribdude8151
    @caribdude8151 2 месяца назад +1

    👍

  • @azfox09
    @azfox09 2 месяца назад +2

    Hey sir!