Climb the CREDIT CARD LADDER: Tier Two CASH BACK Cards EXPLAINED – The Credit Shifu

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27 comments

Danny Bucks August 14, 2022 - 3:31 pm

This tier system allows you to climb up the ranks in credit cards and use them as leverage to benefit from their rewards.

Thanks for the good video, Ben!

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Loki-Of-Asgard August 14, 2022 - 3:35 pm

I love ben shapiro's new channel.

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Casey Burns Investing August 14, 2022 - 3:44 pm

The spirit airlines card gets you 7% back on crack cocaine and strippers. Belongs in tier two for sure.

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Mark Reese // Credit & Finance August 14, 2022 - 3:55 pm

Team Cash Back…present! (Although lately I’ve been playing on the other side with Team Travel) 😬✈️

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Justin Huff August 14, 2022 - 4:07 pm

Team cashback (mostly):
•MC Ollo optimum
•MC Target RedCard
•MC Citi Custom Cash (eats)
•MC Citi Custom Cash (grocery)
•VISA State Farm premier cash rewards
•VISA venmo credit card
•VISA amazon prime rewards
•VISA us bank Cash+ (fast eats, streaming services)
•VISA us bank Cash+ (utilities, movie theaters)
•AMEX simply Cash+
•AMEX blue Cash preferred
•AMEX rose gold
•AMEX gold
•AMEX business gold
•AMEX platinum
•Discover It Cashback

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Bryan Angelo August 14, 2022 - 4:09 pm

guys I just checked the team of this project and found out that people working in ethereum founded this company. what do you think

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Ruslan Khan August 14, 2022 - 4:09 pm

I just bought posschain for 0.60. it will be listed with the price of $2. it is already x3. should I wait or sell right away?

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Icarus August 14, 2022 - 4:23 pm

🍴
🚫🪜

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Raymond Yu August 14, 2022 - 4:24 pm

Does it make sense to upgrade from tier 2 to tier 3 directly? Not exactly big spender

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Vee Zhang August 14, 2022 - 4:44 pm

Just don't get those non-AF airline cards since nearly all ~$100 cards have AF waived for 1st year. Downgrading after a year and you're good to go

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Micah A. August 14, 2022 - 5:26 pm

I’m very close to that ~650 area so I’m thinking of applying for the CFF or CFU soon. Been banking with Chase for 10+ years now so it’s about time.

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Logan Scott August 14, 2022 - 5:29 pm

Just got approved for the paypal card, $100 SUB and 3% cash back.

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Manny Covington August 14, 2022 - 7:07 pm

Tier 2 cards can be underrated, especially when you’re just starting out or don’t need a huge travel card

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Lana Marx August 14, 2022 - 7:16 pm

So if I want to transfer my points to partners with Chase I have to keep my sapphire card open all the time, correct? What about American express? If I can’t justify my AMEX platinum annual fees any longer and want to close it where should I transfer my points so I can transfer them to partners later?

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James Yu QB August 14, 2022 - 7:52 pm

Good information

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Anonymous Hippopotamus August 14, 2022 - 8:04 pm

What's maddening about the AMEX eco system is the wall between cash back & Membership Rewards. CB is CB, annual fee or no annual fee, period

@ least Citi & Chase have tier 2 cards that have transferability to points for travel.
I suppose Capitol One Venture One might be a way to better things as credit is being built.

AMEX Everyday & Everyday preferred need a serious upgrade & revamping.

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TheScott10012 August 14, 2022 - 8:28 pm

Hey Ben! Do you know where I could find an equivalent video for the UK market?

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Oroborus August 14, 2022 - 8:33 pm

Wells Fargo are horrible, beware. You can't redeem except in exact $25 increments, and you can't redeem for cash unless you also open a Wells Fargo Checking account … which has rules of its own such as $500/month in direct deposits and/or a $500 or greater balance in the checking. When they refused to pay me the checking account sign-up bonus, claiming I had not used some code, that was bye-bye time.

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Spencer Johnson August 15, 2022 - 12:22 am

Tier 2 cards can definitely be used as workhorses to earn a bunch of points before you get yourself a tier 3 card. Then you can transfer your points over to that tier 3 card and redeem your points with travel partners to get some crazy value. I catch myself using my Chase Freedom Unlimited almost everyday, so needless to say I’m still a fan of tier 2 cards even though I have some higher tier cards at this point.

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Adams: FUNDSLOG ON TELEGRAM August 15, 2022 - 6:17 am

The name above 🔼🔼🔼🔼 is a life saver he help me with a cashapp flips of 4k balance am so happy man

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Adams: FUNDSLOG ON TELEGRAM August 15, 2022 - 6:17 am

The name above 🔼🔼🔼🔼 is a life saver he help me with a cashapp flips of 4k balance am so happy man

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Thomas J August 15, 2022 - 6:22 am

The best CC advice channel on YT. Big Ben Rocks! When can we meet Mrs. CreditShifu?

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YAYDOG August 15, 2022 - 5:42 pm

Chime card hasn’t really done much for me

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Shayan Shahriar August 15, 2022 - 7:55 pm

US Bank Cash Plus excels in having Utilities and Internet as optional 5% categories. I also like the US Bank State Farm card that gives 3% back on any insurance payment. If I have US Bank Cash Plus, US Bank State Farm, Discover, Chase Freedom Flex, Citi Custom Cash, Amex Blue Cash Everyday, and Citi Double Cash, I basically get 5% back on almost 80% of my expense always, 3% back on online retail, 3% on insurance, and 2% for anything else that cannot be categorized. If I add BILT Mastercard into the mix, I am getting 1% back on rent as well. All of these are without any annual fee. Tier 2 cards are best if you are responsible, but not rich enough to have fancy vacations here and after.

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Carlos Cotera August 16, 2022 - 7:42 pm

Gotta love this time of the year

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Dogman 313 August 17, 2022 - 6:47 pm

When you doing a video on tier 3?

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Ernie Leyba August 18, 2022 - 6:40 am

Great video Ben!!

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