A step by step guide on how to transfer American Express Membership Rewards to Charles Schwab via the Charles Schwab Platinum Card. 📈 Get 4 Free Stocks on WeBull when you deposit $100 (limited time offer):
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Timeline
0:00 Charles Schwab Platinum Explained + FAQ
01:25 Step by Step Guide on How to Transfer Amex Points to Schwab
03:45 Analysis: Should You Transfer Points?
05:39 Example Scenarios
#SchwabPlatinum #AmexPlatinum
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24 comments
Thank you so much for everything you do for us, I'm 65 yrs. old. Retired U.S. Navy, and you are really showing me how to use my Chase Points. Again thank you keep up the good job. As we say in the Navy BZ
Comment to support Channel
Everyone should buy GameStop (GME) and drive the price up to get rid of big institution (Hedge Fund managers who has been busy screwing the small (retail) investor for the last 20-30 years.) Now, that the big billionaires are losing money, all of a sudden it is illegal. They froze RobinHood and prevent investing from the average person in America. This proves how corrupt wall street is- they manipulate the market and destroy companies at their will. When they get caught, they are crying and begging for regulation (only regulation to benefit big institution of course, not the retail investor).
See the links below for more info and join in by buying Gamestop. Time for the retail investor to fight back!!!
Watch the videos below to understand how corrupt the big institutions are-
https://www.youtube.com/watch?v=9ToOGrUQ7ME
💎🤲
If you want to make a killing, buy Gamestop (GME) and hold. Predicted highs can go from 500 to 1000 to 5000 to 10000 to 25000. HECK YES!!!
Mark Cuban and Elon Musk both supports GAMESTOP (GME).
Ok so I got approved for the Chase Freedom Flex a few weeks ago and WALMART just DENIED ME for the STORE CARD (not even the Mastercard) 😂😂😂😂 It's the most comical thing to happen to me in a while, so I just had to share with a community who would understand how funny this is 😂😂😂
How long would you suggest one wait after getting vanilla plat to apply for Schwab plat?
I’ve been cashing out more MR points than I care to admit!!
I wish I had the Schwab platinum, I only have the vanilla one :(. I don't want to pay another annual fee
Can you do a review on the Fidelity card?
Daily change 23k in Charles Schwab (unlike a lot of peeps here I saw that lol) and 1.2 million MR points???? Really???? wow oh wow! Sebby you are the true boss!!! WOW. And i'm sitting here feeling like a boss with 100K MR points (I only have one Amex card tho)
I got into this credit card thing because of you 2 years ago and you still inspire me everyday man. Much respect Sebby!
Is the Schwab Amex Platinum required to do this? I have an Amex Gold and a schwab account. Can I transfer my MR to schwab?
are you sure that you cannot convert the 'regular' amex plat to the schwab plat and then cash out via schwab? anyone attempt a product change? thanks
After I have converted MR points to cash and got them deposited in Charles Schwab Brokerage account,
could I then move them from my CS Brokerage account to a regular checking account?
Charles Schwab will be getting Think or Swim later this year as part of their acquisition of TD Ameritrade
Hmm, can I transfer money into my Schwab IRA and get a tax break? Now that’s a deal!
I'm waiting for the TD Ameritrade merger.
If you have points from regular AMEX then open a charles schwab account and charles schawb platinum. Can you transfer your points from regular AMEX to charles schwab Amex?
The TD Ameritrade is probably less hassle for investors but this AMEX may be better for min-maxers
Can I transfer my points from other cards to this card and use that? I’m currently a chase guy but this one card is making me reconsider using Amex. Especially as someone who has little income and uses my cards for 99% of my spend. Using my points to invest would be incredible.
Sebby: I currently have the "vanilla" AmEx Platinum and the AmEx Gold. I have Schwab brokerage + checking accounts, and plan on getting the Schwab AmEx Platinum. The Gold card I have had for just a few months, but the vanilla Platinum I have had forever—in fact, it's my oldest credit card. For maintaining my credit score, I'd rather not simply cancel the vanilla Platinum. But, I certainly don't want to pay the annual fee on both that and the Schwab Platinum. SO: I was thinking that after I get my Schwab Platinum, I would (a) cancel the Gold then (b) downgrade the vanilla Platinum into a new Gold. What do you think? Would AmEx let me do that? Are there any timing issues I need to think about? For example, would I need to wait until I've had the current Gold for at least a year, do you think? Thanks in advance for any advice you can provide!
I already have a AMEX Business Platinum…What about the Schwab Investor Card? Is it any good?
I love the comparison of $1700 in stocks vs the $15,000 flight. A normal nonstop flight would be around $2,000 and that first class YOLO flight is roughly that same price. If you're going from NY To Japan then it seems like a no brainer for that upgraded non stop flight. However, with one stop and not first class it would be around $700-900.
I have decided I'll keep a portion of my points for potential YOLO flights but most of it will go to investing. That's as good as cash.
can I transfer my current MR POINTS I CURRENTLY HAVE to schwab if I JUST GOT APPROVED FOR THE CARD?