Amex Annual Fees Increasing?! | Mastercard to Remove Magnetic Stripe – Ask Sebby

by YouTube Team

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💳 See Amex Platinum and more offers:
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Links mentioned:
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Timeline
0:00 Start Here
0:27 Marriott Bonvoy Brilliant Fee Increase?
3:30 Magic Spoon Sponsor
4:35 Annual Fee Competitive Landscape
9:30 Lightning Deals
10:41 Mastercard Removing Magnetic Strip

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The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available

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20 comments

Ask Sebby August 30, 2021 - 10:17 pm

My favorite Magic Spoon flavor is Fruity. Click https://magicspoon.com/ASKSEBBY for $5 off your order!

💳 See Amex Platinum and more offers: https://www.asksebby.com/go/topcards

[ Use CardMatch to find higher offers ] https://bit.ly/33V4Oya

Reply
Jacob Jones August 31, 2021 - 3:04 pm

Wyndham rewards business earner card. You really need to do a video on this. It has better ad-spend returns than any Chase/Amex card, instant Diamond status at wyndham, 15k wyndham points/year ($150 at least on a $95 AF card), 8x on gas(best gas card in the world with over 8%) and more. This card is something youtubers continuously miss on.

Reply
gs.novato August 31, 2021 - 5:07 pm

I think if they made cards smaller wallets would still stay the same size but they would split the single pockets into 2 sections, allowing the wallet to hold twice as many cards. 👍🏽💪🏾

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Boss Bogan August 31, 2021 - 7:33 pm

careful what you wish for lol 😀

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Alexander August 31, 2021 - 7:52 pm

You know it will eventually have a $995 fee.

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Frank Nitty September 1, 2021 - 5:20 am

$650 bucks? When will cycle of increased card fee stop? What's next? I'll be able to buy Marriott Titanium status for $950 bucks? MANNN! My morale is pretty high right now, Sebastián!

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Jeff Tan September 1, 2021 - 6:20 am

I enjoy the information coming from this channel…But I felt that he talks to fast….

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Eddy Atrian September 1, 2021 - 6:53 am

I applied for the gold American Express card today and got declined … reason being they couldn’t get my consumer credit score … ever hear of that before ? I called and they mentioned that there was a glitch or something going on in their part and that they would get back to me by Friday and if not that I should follow up with another call….

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Jack McDaniel September 1, 2021 - 10:26 am

They aren't going to change all store hardware, wallet designs, atms etc to fit a smaller card.

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Donald Lee September 1, 2021 - 8:34 pm

For a killer new benefit, AMEX could make their premium Rental Car Insurance (currently priced $25/rental) free with this card. The AMEX premium Rental Car Insurance is better than the primary Rental Car Insurance include on the Chase Cards, since Chase excludes many luxury cars that AMEX doesn't. I'd value the benefit at over $100/year.

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Donald Lee September 1, 2021 - 8:56 pm

Sebby: What's Marriott Platinum status worth? Is Platinum Status worth $300/year to replace the credit? It may be helpful to think of the current $300 credit as prepaying for two nights in exchange for one free night. How many Marriott nights would a customer need to commit to per year in order to make pre-paying X/year for Marriott Platinum status?

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Erik Dominguez September 1, 2021 - 11:45 pm

I just got the Mariott bonvoy card

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Kristian Crump September 2, 2021 - 10:47 am

Thank you for repping Magic Spoon, we love the product, and was surprised/stoked to see you mention it! Thanx Sebby!

Reply
the old school millennial - Points & Travel September 3, 2021 - 10:05 pm

I love the certificate and the credit but the points are a huge waste of time in my opinion when we’re talking about transferring to Marriott. I much rather pay cash and use the points for air travel

Reply
Bodhi September 7, 2021 - 1:32 pm

If one were under 5/24 trying to decide between the Boundless, with the goal of upgrading to the Ritz in 12 months, or getting the Brilliant once the sign up offer increases, what specific things should they consider now knowing this is a possibility? And of course, what would Sebby do in this situation? Thanks.

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naughtyorgneiss September 11, 2021 - 4:48 am

Who the heck has a job staying 50 nights at a hotel? I'd kill myself

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James Horton September 20, 2021 - 12:52 pm

As a solo traveler based out of a United hub, the silver status adds up quick.

Being able to fly basic economy and still bring a carry on saves me 60-80 bucks a pop when I fly domestic. I currently have gold status due to work travel in 2019, but if I lose status I could see myself getting that card just for silver United.

Do not sleep on that benefit!

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kauigirl808 October 5, 2021 - 2:14 pm

Most cards if not all increased their fees recently. Ugh

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jules October 8, 2021 - 2:08 am

Avoid Amex. They have very poor customer service and they find ways not to honor points

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Harold Lee October 13, 2021 - 6:45 am

I have chase reserved (4 yrs) , i worked for it as my main card over yrs, I do use priority lounge 2 or 3 times a yr, ( mostly disappointed) I don’t get much more from it except pts from dinning , I have excellent credit where I can apply n get in any cards , chase just raised to 550 a yr, I have tsa and credits back, tell us what we should do with A+ credit and get more from my reserve.. my friends tells me Amex platinum..I use this as my main, I’m based out of PNW , Alaska n delta..and what to do if I apply for Amex n do I lose all my points with chase?

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