*WATCH ME* REDEEM ALL My Credit Card Rewards for Cash Back! (Amex Points, Chase Points & More!)
That’s right! I’m redeeming ALL my credit card rewards points for cash back, and YOU can watch me do it! Click "Show More" to see Ad Disclosure. (Note: I'll be redeeming all my points with the exception of a few 'surplus points' that didn't quite make the cut for certain banks' minimum redemption requirements) :D
Remember, the best credit card strategy is the one that rewards you best in the areas you spend the most, while giving you the type of rewards you value (cash back vs. travel rewards points).
💳👉VIEW CREDIT CARD OFFERS!
https://markscreditcards.com/offers
🛍 RAKUTEN - Earn Cash Back!
http://markscreditcards.com/rakuten
‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100:
http://markscreditcards.com/webull
REDEMPTION 1: AMERICAN EXPRESS
I redeemed 115,000 Amex Membership Rewards points for $1,437.50 of cash back using my Amex Platinum Card Charles Schwab. The cash back went into my Charles Schwab brokerage account, which I can then use to invest or transfer to another checking account or savings account. The primary cards I used to earn these points were the Amex Platinum Card, Amex Gold Card and Amex Blue Business Plus Card.
REDEMPTION 2: CHASE
I redeemed 137,083 Chase Ultimate Rewards points for $1,370.83 of cash back through the Ultimate Rewards portal. The cash back was sent to my Chase checking account. The primary cards I used to earn these points were the Chase Sapphire Preferred, Chase Freedom Flex and Chase Freedom Unlimited.
REDEMPTION 3: BBVA
I redeemed 56,939 BBVA credit card points for $569.39 of cash back. The points were converted to a statement credit on my credit card. The card I used to earn these points was the BBVA Select Credit Card.
REDEMPTION 4: U.S. BANK
I redeemed 10,000 US Bank Altitude points for $100 of cash back. The points were converted to a statement credit on my credit card. The card I used to earn these points was the US Bank Altitude Reserve card.
REDEMPTION 5: DISCOVER
I redeemed $30.31 cash back rewards from my Discover it Cash Back Credit Card as a statement credit.
REDEMPTION 6: AMAZON
I redeemed 2,839 Amazon rewards points for $28.39 of cash back. These points were sent to my Chase checking account. The card I used to earn these points was the Amazon Prime Rewards Visa Signature card.
REDEMPTION. 7: CAPITAL ONE
I redeemed $1.71 of cash back rewards from my Capital One Spark Business Cash Select card as a statement credit.
TOTAL POINTS REDEEMED:
321,861
TOTAL CASH BACK EARNED:
$3,538.13
RATIONALE…
The best way to get the most value for your Amex & Chase points is almost always going to be…
1. PREMIUM TRAVEL: Long-haul international flights in premium cabins and staying in luxury hotels
2. STANDARD TRAVEL: Domestic / short-haul international flights and staying in mid-tier to upscale hotels
3. PROMOTIONAL REDEMPTIONS: This includes limited-time offers to redeem your points for certain things at an increased value. Examples include Chase Pay Yourself Back, American Express gift card discounts, etc.
HOWEVER…
- I don’t do premium travel right now
- I’ve got enough points with Marriott Bonvoy, Hilton Honors, Southwest Rapid Rewards and American Airlines AAdvantage miles for the next 1-2 years to cover my ‘standard travel.’
- I prefer to not be limited by specific redemption categories
MY #1 GOAL RIGHT NOW IS…
Increase my net worth, and redeeming my points for cash at 1.0¢ each or better fits into that strategy.
3 STEPS TO INCREASE YOUR NEXT WORTH
1. Decrease your expenses
2. Increase your income
3. Invest the surplus
Disclosure: This site 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 links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#creditcards #cashback #creditcardrewards
Видео *WATCH ME* REDEEM ALL My Credit Card Rewards for Cash Back! (Amex Points, Chase Points & More!) канала Mark Reese // Credit & Finance
Remember, the best credit card strategy is the one that rewards you best in the areas you spend the most, while giving you the type of rewards you value (cash back vs. travel rewards points).
💳👉VIEW CREDIT CARD OFFERS!
https://markscreditcards.com/offers
🛍 RAKUTEN - Earn Cash Back!
http://markscreditcards.com/rakuten
‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100:
http://markscreditcards.com/webull
REDEMPTION 1: AMERICAN EXPRESS
I redeemed 115,000 Amex Membership Rewards points for $1,437.50 of cash back using my Amex Platinum Card Charles Schwab. The cash back went into my Charles Schwab brokerage account, which I can then use to invest or transfer to another checking account or savings account. The primary cards I used to earn these points were the Amex Platinum Card, Amex Gold Card and Amex Blue Business Plus Card.
REDEMPTION 2: CHASE
I redeemed 137,083 Chase Ultimate Rewards points for $1,370.83 of cash back through the Ultimate Rewards portal. The cash back was sent to my Chase checking account. The primary cards I used to earn these points were the Chase Sapphire Preferred, Chase Freedom Flex and Chase Freedom Unlimited.
REDEMPTION 3: BBVA
I redeemed 56,939 BBVA credit card points for $569.39 of cash back. The points were converted to a statement credit on my credit card. The card I used to earn these points was the BBVA Select Credit Card.
REDEMPTION 4: U.S. BANK
I redeemed 10,000 US Bank Altitude points for $100 of cash back. The points were converted to a statement credit on my credit card. The card I used to earn these points was the US Bank Altitude Reserve card.
REDEMPTION 5: DISCOVER
I redeemed $30.31 cash back rewards from my Discover it Cash Back Credit Card as a statement credit.
REDEMPTION 6: AMAZON
I redeemed 2,839 Amazon rewards points for $28.39 of cash back. These points were sent to my Chase checking account. The card I used to earn these points was the Amazon Prime Rewards Visa Signature card.
REDEMPTION. 7: CAPITAL ONE
I redeemed $1.71 of cash back rewards from my Capital One Spark Business Cash Select card as a statement credit.
TOTAL POINTS REDEEMED:
321,861
TOTAL CASH BACK EARNED:
$3,538.13
RATIONALE…
The best way to get the most value for your Amex & Chase points is almost always going to be…
1. PREMIUM TRAVEL: Long-haul international flights in premium cabins and staying in luxury hotels
2. STANDARD TRAVEL: Domestic / short-haul international flights and staying in mid-tier to upscale hotels
3. PROMOTIONAL REDEMPTIONS: This includes limited-time offers to redeem your points for certain things at an increased value. Examples include Chase Pay Yourself Back, American Express gift card discounts, etc.
HOWEVER…
- I don’t do premium travel right now
- I’ve got enough points with Marriott Bonvoy, Hilton Honors, Southwest Rapid Rewards and American Airlines AAdvantage miles for the next 1-2 years to cover my ‘standard travel.’
- I prefer to not be limited by specific redemption categories
MY #1 GOAL RIGHT NOW IS…
Increase my net worth, and redeeming my points for cash at 1.0¢ each or better fits into that strategy.
3 STEPS TO INCREASE YOUR NEXT WORTH
1. Decrease your expenses
2. Increase your income
3. Invest the surplus
Disclosure: This site 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 links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#creditcards #cashback #creditcardrewards
Видео *WATCH ME* REDEEM ALL My Credit Card Rewards for Cash Back! (Amex Points, Chase Points & More!) канала Mark Reese // Credit & Finance
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8 января 2021 г. 4:23:17
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