American Express is tightening their rules on how many credit cards and charge cards you can have. [ Blog Post ]
📈 Get 2 Free Stocks on WeBull when you deposit $100:
💵 Free Budgeting and Net Worth Tracking Tool:
💰 Get $10 in Free Stock:
Keep your cards organized: Filmed on this:
[ Stimulus Check Update: How Much Does YouTube Pay? ]
Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available
📈 Investing Apps:
Get 2 Free Stocks on WeBull when you deposit $100:
💰 Get $10 in Free Stock:
Invest for Free with M1 Finance:
Frequently asked questions about camera:
Camera Gear:
Camera:
Lav mic:
Recorder:
Bendy Tripod:
You’ll need this for the bendy tripod:
Music I use in videos:
Useful stuff:
🍔 $7 Off your first DoorDash order:
Best headphones for travel:
Monitor:
Card organizer:
Need new luggage? Get $20 off your first Away luggage (referral link):
Promo automatically applied at checkout after you create an account.
Support our channel by shopping on Amazon!
Follow us for updates:
YouTube Subscribe:
Newsletter:
Facebook:
Twitter:
Instagram:
Mandy’s YouTube:
Mandy’s Instagram:
35 comments
thanks Mandy for thoughtfully editing the video! I like the information that Sebby provides, but I don’t know about listening to him for almost 30 minutes 😂
My 4 cards would be BA Premium Plus Amex, Amex rewards card, Gold Card and Business Gold Card
I have the delta gold for the past 6 months. Still can't get approved for a gold charge card. Just me?
Hi, is business platinum considered as part of "4" or "10"
Lucky for you guys in the States, Amex Canada has cut back the Platinum signup bonus from 60k to 25k only
Thanks 😎
I’m watching this in 2023 and you’re all still alive!!
To all the advertisers out there. I just got approved for the Business Gold Card (4x points), while still being able to keep my Gold Rewards Card (at 3x points). This is probably not even news for some people, but I was under the impression that you could only keep one or the other. The AMEX rep even said I'd have to upgrade my current Gold Rewards Card (3x) to the (4x), and couldn't open it separately ;p
Thank You for not click bating with Corona stimulus nonsense
It’s Mary-ott not Mary-ut
I made a 2k payment on my resolving Amex card and my credit limit also drop by 2k.
Sebby! I’m looking to get my third credit card. I already have chase Sapphire Preferred (travel card) that I plan on keeping and my first credit Card ( oldest credit account 4 years) that I also plan on keeping long term… Credit currently is in mid 700’s looking for my third keeper card. What do you recommend ?
Can someone please send me a Schwab sign on bonus referral code??
Sebastian…🤗. Wanted to give you a virtual hug! Just because… .😊💳
Is it true that the Chase credit cards will not be issued if you have 5 cards within 24 months…. I heard that from a random person on youtube
Good analysis, you’re the the go to for credit news & pov for me and my friend 🔥👏
Happy 5/24 😊
Anyone having better luck getting credit cards to waive their annual fees during the last month or so? If so, which ones?
Good to see you sebby
Nice video. I am disappointed by this new restriction since I currently have 4x Amex credit cards & 4x Amex charge cards & was considering 2 credit cards, the Amex Aspire & Bonvoy Brilliant, in the future & disappointed that any new cards they come out with would also likely be subject to these rules. For Amex charge cards I currently have 1 Amex Business Platinum, 2 Amex Business gold, 1 Amex gold. For Amex credit cards I have 2 Open Blue Business Plus, 1 Bonvoy business (& wish that there was an upgraded version more similar to the Brilliant), & 1 Delta Business Reserve.
What keeper cards would you guys get now to keep for long credit history after this new rule?
I'm debating upgrading my delta gold to platinum. Should i apply for the amex platinum instead. I'm getting a job with high traveling.
It’s been over a month. When is this coming out?
Im an AMEX member since 1995 with 5 cards but only use the green, even for me with a solid 300K income and a 770 score they still curbing my spending. I spend $1600-3,00 per month for years, yet they randomly reject $140 charges as of April.
Credit cards are so confusing! I want simple lol. Can I run my scenario by you and get some advice? We don't fly so don't need miles or airport perks. Here are my numbers, which are approximate yearly: Gas – $4200, groceries – $ 6000, restaurants – $1200, Travel – $2000, plus I want to pay as many bills as I can on my CC to earn points. I just got the Hilton Surpass. I do not qualify for ANY Chase cards. My thought is I want to get as many points as possible built up on the Hilton card but it has a limit of $1000. Then anything else would just be cash back. I also need a small business card. I really don't like paying more than the $95 fee. Thank you for any advice you can give.
👀
Thank you for talking about active duty! Definitely an interesting topic because of the $0 annual fees
Is it really true or just click bait bogus info that if you open a savings , cd or such it helps to get an Amex card?
If we are still alive 😂 Jan 4. 2021… 😬
No need to pressure your stable mind. Ask what will happen before speaking your mind is now addictive possessions class one felonie
Still alive 2021😂
Sebby is the man, I emailed him and he got right back to me, I really appreciate the content, always well thought out!!
U can have more then 5 card…3 charge 2 credit…in 6 months..if u use them amex will let u get more if u running them regulary
DANG credit cards they can't make you a nutcase . If you don't payed the amount balance ♎
Is this still up to date, or have things changed since? Real curious as this is relevant to me right now as im just now getting into AMEX cards.