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Effective September 1, 2021, the Schwab Amex Platinum cash out rate will decrease from 1.25% to 1.10% cash out rate.
[ How to Cash Out Amex Points Using Schwab Platinum ]
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32 comments
📈 Get 2 Free Stocks on WeBull when you deposit $100 (limited time offer): http://bit.ly/AskWeBull
💳 See Sebby's Card Picks: https://www.asksebby.com/go/topcards
[ How to Cash Out Amex Points Using Schwab Platinum ] https://youtu.be/L15H-A1FQ4M
[ CSP Calculator ] http://bit.ly/2W3tcHM
[ Amex Platinum Calculator ] http://bit.ly/2BEUufO
Chase is none existent to me i am lik 12/24 bye bye Saphire 🙂
Darn, I was on the fence about getting this card soon but the decrease just made my decision.
Your logical approach with the Webull info is much appreciated.
Use TD Ameritrade. Yes they are owned by schwab but worth it.
Hey Sebby,
What were the best Barclays credit card to take advantage of? I was looking at the Wyndham cards.
Very disappointing.
We have never been to Osaka yet. Looking to make that happen subsidized by the points we saved (thanks to inspiration from both your channel and Mandy's channel). Have you folks experienced Osaka? Love your commitment to content creation no matter where you are. Thank you, Sebby!
The honesty about webull is definitely appreciated. Signed up and got $14 worth of stock so it really did piss me off every time I hear YouTubers pushing them acting like I'm going to get a good bonus.
If you have at least $250,000 under management in your Schwab account you get an extra $100 statement credit. At that point your $500 yearly fee is complete offset by the card benefits
If you even tried to Sue them you’d be black listed so fast I fell
I have tried a few brokerages and CS is my main brokerage. I feel you on the user interface, at first was not impressive but it has grown on me and I actually like it a lot. Its clean and not to busy but still have all the data and research you need. As a dividend investor, I love that CS gives you your income summary from all of your dividends.
Love your channel. New boat owner, any CC recommendations for a boat owner? Perhaps a card that includes SeaTow in case I break down on the water?
I do! I do appreciate that!
Its going from $0.0125 per point to $0.011 per point. Still better than Chase cashout, so I'm keeping it.
Ya knew this card was getting nerfed at some point. It was way too op for savings/investment focused customers 😂
I got blacklisted cuz I only first yeared hilton aspire. Not an amex fan
Mark reese and proud money videos are beating you to the punch in every new card update…
Did they get rid of the annual fee discount when having 250k in assets?
One of the cards I was eventually working toward but my have to reconsider. Actually looking to hit the Aegean this October and got everything booked!! So excited.
what is this dr seuss background?
If you're going to sue a CC company – you really need to get a life! I'm still laughing at people who tell you to do that on their behalf.
I actually got $27.24 in value from your Webull sign up 😅
Sebby I came here to ask a question — can you make a video on new Amex plat at $550 or $695? The new updated benefits as of 07/01 are dogshit and I feel like cancelling. Thanks man
$695 !!!!!!
Hi Sebby.
Is it true that the Amex Platinum Schwab is going to be considered the same as the vanilla card this year? A friend told me if I were to apply for the Schwab card, I'm no longer eligible to get the Schwab intro bonus since I already have the vanilla card.
I've been finding mixed messages from different posts. When is this change going to start?
Thanks a lot, Sebby 😃
Hey Sebby, was wondering if there was any possible update on this topic. I've waited for my statements and received my latest one for July and there is no mention of the invest with rewards nerf, only details about all the new benefits as well as new AF on the platinum, so is the devaluation actually happening or was this just a rumor that luckily was false?
It also looks like the Schwab will combine their sign on bonus with the vanilla platinum, so you won’t be getting a second sign on bonus?
so glad i saw this, already have the card. using it in combo with everyday and gold cards. not doing any travel within the next year. gonna be cashing out all i can now and then letting the entire card go afterwards 🙏
Instead of an annual fee, it would be nice to see a card that gives benefits for holding a minimum amount of Amex Stock in a Schwab account.
Pity about the Schwab card news. On another aspect. I've had the platinum card 4 times, and on the first 3 times they gave me the welcome bonus and on this last time, I had cancelled it in 2020 because of the pandemic, they offered me the Gold card with 60 points (I've also had it and received the bonus several times and they knew that) and in July I had to spend 10K in appliances, I paid it off last month and yesterday I sign into my account and see a popup offering me to upgrade to the new platinum and I will get 75,000 points… I called, first they thought I would not get it, but then I requested a supervisor to look into it, and they confirmed, it was a valid offer and I was being targeted… What gives, they live me, I LOVE THEM (AMEX)
what drone do you guys use? great shots of the lake.