The Credit Card Strategy 99% of People Neglect

Is your credit card strategy MISSING any of these 4 essential parts?! Learn what the PROS do to when creating a card strategy for maximum value! Click “Show More” to see Ad Disclosure.

📲 MAXREWARDS - Manage credit cards & rewards!
Get Gold level for free with PROMO CODE = markr
https://markscreditcards.com/maxrewards

💳👇 VIEW CREDIT CARD OFFERS!
https://markscreditcards.com/offers

🛍 RAKUTEN - Earn More Cash Back!
https://markscreditcards.com/rakuten

👨‍💻 KUDOS – Earn Extra Cash Back!
https://joinkudos.com/mark

🏦 SOFI CHECKING & SAVINGS – Get $25! (or more w/ direct deposit)
https://markscreditcards.com/sofibanking

📊 GET FREE STOCKS FROM WEBULL
https://markscreditcards.com/webull

📊 GET FREE STOCKS FROM MOOMOO
https://markscreditcards.com/moomoo

🔐 AURA – Identity Theft Protection & More!
Get Your 2-Week Free Trial: https://markscreditcards.com/aura

00:00 – Intro
00:35 - Part 1 (Transferrable & Flexible Points)
8:12 - Part 2 (Airline & Hotel Credit Cards)
11:14 - Part 3 (Premium Travel Credit Cards)
12:32 - Part 4 (Travel Portals)

Part 1 (Transferrable & Flexible Points)
These are by far the best type of credit card rewards points. Transferrable means you can transfer them from bank points (like Amex Membership Rewards or Chase Ultimate Rewards) into partner airline miles or hotel points (like American Airlines AAdvantage miles or Marriott Bonvoy points). Flexible means you can redeem them via the bank portal for any flight, hotel, or rental car you like (kind of like using Expedia). These types of rewards points give you the most flexibility to create the trip or vacation you like.

Part 2 (Airline & Hotel Credit Cards)
These types of travel credit cards have a unique purpose. Primarily, they’re best for BENEFITS…not for earning rewards. Airline credit cards may give you benefits like free checked bags, priority boarding, inflight discounts, and more. Hotel credit cards may give you elite status, an annual free night, and ways to earn even higher levels of status for benefits like room upgrades, late checkout, etc. In other words, these cards can enhance your travels. But, when it comes to earning rewards for your day-to-day transactions, you’re likely better off with the flexible and transferrable options. That said, exceptions as to why you may want to spend on these types of cards include: hitting higher status tiers and/or to earn points in the top-tier rewards multiplier (e.g. using a Hilton Honors credit card for spending at Hilton … or a Delta SkyMiles credit card for spending on Delta flights).

Part 3 (Premium Travel Credit Cards)
These include the Amex Platinum Card, Chase Sapphire Reserve, Capital One Venture X, and others. They offer elevated rewards and benefits that are broad, that is, they aren’t specific to any brand or company. The Amex Platinum Card gets you into the greatest number of airport lounges (including the Amex Centurion Lounge, Delta SkyClub, and Priority Pass lounges). The Chase Sapphire Reserve likely has the best overall rewards program. The Capital One Venture X is probably the best entry-level, premium credit card available right now.

Part 4 (Travel Portals)
These have a lot of limitations, particularly when booking hotels and rental cars and when attempting to contact customer service. You might not have your current elite status recognized, you may not earn credits towards higher levels of status, and you may not earn points or rewards in the program.

Disclosure: The thoughts, opinions, and information presented are those of the creator. This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com, YourBestCreditCards.com, and others. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.

#creditcard #creditcards #bestcreditcards