How to Double and Triple Dip on Credit Card Rewards – The Credit Shifu

by YouTube Team

Check out Rakuten ($40 bonus):
In this video we use Amex offers, plus the website Rakuten as examples of how you can double and triple dip on credit card rewards. There are some great offers on the Amex Platinum, Amex Gold, Amex Marriott Bonvoy cards and more. In addition you can earn extra cash back or American Express Membership Rewards points through Rakuten.

Credit Shifu Wallets:
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SONG FROM OUTRO
Track: Halcyon & Valentina Franco – Runaway (Heuse Remix) [NCS Release]
Music provided by NoCopyrightSounds.
Watch: youtu.be/5bj44xI2oWw
Free Download / Stream: ncs.io/RunawayHeuseRemix
NOTE: 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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39 comments

Kehn Hermano November 20, 2020 - 8:05 pm

I just came over to see if baby yoda is doing fine 😅

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lol November 20, 2020 - 8:06 pm

Just added the Amazon offer on the business plus card.

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Casey Burns Investing November 20, 2020 - 8:15 pm

Me Today: Stacking Pennies for retirement
Me smoking weed in college: 3:22

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Mark Reese // Credit & Finance November 20, 2020 - 8:17 pm

Gotta come up with a cool names for these…
#DoubleDipDamage #TripleDipWhip
😎✌️💳

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Christopher John November 20, 2020 - 8:21 pm

This is a great video, and I really appreciate the information…. but all I could think about was that Baby Yoda 😁

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Mark Cohen November 20, 2020 - 8:29 pm

I mostly do this with Rakuten. 10% cash back at PetsSmart and 2% from my cc. Not too bad lol

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Amari Grant November 20, 2020 - 8:46 pm

Too many loops and hoops for me personally 😑 I click on my Amex offers monthly, but anything past that I’m usually too lazy 🙄. Great informative vid once again

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Dan Bodine November 20, 2020 - 8:49 pm

There is a intro bonus I am seeing for the blue cash everyday on intuit mint for 20% cash back on amazon for 6 months up to $200 and $100 statement credit when you spend $1000 in the first three months.

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Erick Dabandan November 20, 2020 - 8:49 pm

I do five finger discounts. Much better than any type of dips.

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Y J November 20, 2020 - 8:52 pm

Your hair style looks like Jim Carrey’s! 😂

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Ritchie November 20, 2020 - 8:54 pm

I’ve been in the Amex subreddit all day. The Amazon offer isn’t showing up on my Gold card. I activated quite a few offers I know I’m never going to use trying to get that one to pop up but no luck. The going hypothesis is that you need to have had the card for a while already as it seems that it’s mostly new card holders not getting the offer. I’ve had mine for less than 2 weeks.

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Heven Renteria November 20, 2020 - 9:05 pm

Thanks for the video! I added the Amazon offer to my gold card.

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Slava P November 20, 2020 - 9:06 pm

Rakuten clawed back my invite offer for no reason.They were legit referrals so not sure what the deal is. I got it initially but went on there today and the points were gone. scam alert

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brainstorm90 November 20, 2020 - 9:16 pm

I once quadruple dipped on Grubhub: 4X from amex gold, 10$ monthly dining credit, 10$ for spending 25 amex offer and rakuten cashback
I also triple dipped with lyft: 1X from amex gold, 2X from rakuten and 1X from linking to your skymiles account

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Jane Doe November 20, 2020 - 9:34 pm

Unfortunately this deal doesn’t show up on my CC… cries in plebian

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Tom Sramek, Jr. November 20, 2020 - 9:52 pm

"If you don't have any friends…I'll be your friend. Click here. 😉

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Bob Sacamano November 20, 2020 - 9:56 pm

Please do more videos like this. You're the only one that I know of in this space that covers the double + dipping opportunities. I use Rakuten and Amex points because of you.

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The Credit Shifu November 20, 2020 - 10:19 pm

NOTE: many of the Rakuten 10% offers are for today only, as an early Black Friday event. Some of them may be back next Friday (actual Black Friday), but not guaranteed.

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Misha Nikanorov November 20, 2020 - 10:28 pm

Once I got great deal on my new TV via Rakuten Shop (which was closed 2 months ago).
1x from amex gold, 5x from Rakuten, and additional 27%(!) cash back as Rakuten Points (~$300) which I spent on my next purchase and got extra 1x from amex and 1x from Rakuten

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Pahanin November 20, 2020 - 10:39 pm

I may not be targeted for all the offer, but I’m always targeted when a new shifu upload arrives

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Gary Blouin November 20, 2020 - 10:42 pm

I think my best triple dip (which lasted almost 6 months). I shop at Lowe's quite a bit. I get 10% Veterans discount, got a 10% Amex offer on my Blue Business Plus that lasted 6 months and for about 3 or 4 months, I got an additional 3x points (for a total of 5x) for Lowe's purchases that overlapped the 10% offer. Edit: forgot to mention, got 1% to 2% on Rakuten for online orders that I benefited from too … not often I order online but nice when I did.

I too got the 8x Amazon offer. Linked that with my Blue Business Plus for 10x.

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The Bed Doctor November 20, 2020 - 11:04 pm

I saw the video about 3 months ago when you recovered from the credit drop. Did you ever make a video getting in the 800 club? I can't find it. What happened after lowering the 22% card under 10%?

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Mr. Berry November 21, 2020 - 12:14 am

Got it with Amex BBP. 2x MR points from using Amex BBP and 8x from the Amazon offer. A total of 10x MR points.

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Ricardo Maga Rojas November 21, 2020 - 1:55 am

Great video, TCS! This is probably considered a double-dip. I had to buy some Apple accessories for my new iPhone 12 last month, I activated the Rakuten offer on the Apple site, charged the purchase to my Freedom Flex (checked out via PayPal for 5%), and earned both UR points and MR points (via Rakuten) at the same time. Pretty neat IMHO.

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K B November 21, 2020 - 1:56 am

Anyone know of this works on all Amazon websites worldwide or only US?!

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Chris Kasprzyk November 21, 2020 - 2:09 am

I ran into a problem with Rakuten just a few days ago. If I activated rakuten the item I was trying to buy was suddenly out of stock. I exited out of my browser and went back to the same store and suddenly it was back in stock.

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Diana Au November 21, 2020 - 3:20 am

Do you think for the Amazon offer, would it work if you reload your gift card or it would actually have to be a purchase made? added the offer onto my BBP

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George Sarraf November 21, 2020 - 11:56 am

THANK YOU for this! I checked my offers two days ago, and no Amazon! Nice surprise this morning!

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Hit The Low November 21, 2020 - 11:59 am

What would you recommend for UK viewers? Does Rakuten have similar offers/UK portal for example? Thanks

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Paulo November 21, 2020 - 2:09 pm

I recently received the 100K offer from the Amex Platinum card and today, the $95 fee on my Hilton Surpass card posted for my first year. Could I downgrade my Surpass card today to avoid the fee without fear of Amex clawing back my all my Hilton points? Do you suggest that I pay the $95 then downgrade next year? I opened the Surpass card last November so I have only had the card for one year. I don't see value in it anymore since I got the Platinum card now.

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Roels VideosAndStuffs November 21, 2020 - 3:38 pm

I see the offer thanks for showing. Idk points from offer and card are added. So it becomes 9pts

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OwnD1 November 21, 2020 - 3:50 pm

This is asking to get shutdown by amex

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wiley224 November 21, 2020 - 7:15 pm

I don’t see the Amazon offer

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Jason P. November 21, 2020 - 10:32 pm

I added a targeted Amex offer for an additional 3 MR points per dollar at Saks. It expires 12/31/2020 and can earn a max of 10,000 points. This offer was made available months ago though.

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Michael Kennedy November 22, 2020 - 4:00 am

Quintuple dipped?

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Ryan Kanno November 22, 2020 - 5:46 pm

This is amazing!

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Jeffrey Cajamarca November 24, 2020 - 1:20 am

One question. Is there a credit card that can transfer my 4 credit card balance to a new card so I can pay one bill instead of 4 bills?

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Josh Z November 26, 2020 - 8:26 pm

Are these Amex offers only for the single next purchase? Or until the max credit or refund is achieved?

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Holly Gardner March 28, 2021 - 3:34 am

How does it work if you have the Rakuten Credit card and choose to get MR points instead of cash back?

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