Credit Card Strategy for 2024

What was one of the main reasons the speaker was denied the Capital One Venture X card in 2023?

• Too many revolving accounts

• Insufficient income

• Lack of credit history

• Low credit score

Which card did the speaker focus on after being denied the Venture X card?

• Chase Sapphire Preferred

• Built MasterCard

• AMX Platinum

• Citi Double Cash

How did the speaker and Jackie use their points for a stay in Napa Valley?

• Paid with cash

• Used 110,000 points

• Paid full price

• Used a free night certificate

What was the redemption value per point for the speaker's flight to Austin?

• 5.0 cents

• 4.9 cents

• 2.7 cents

• 3.5 cents

What is the speaker's plan for earning more points in 2024?

• Earn more Chase and Built points

• Apply for more credit cards

• Use cash for all purchases

• Focus on AMX points

Why does the speaker plan to downgrade their Sapphire Preferred card?

• To close the account

• To switch to a different bank

• To be eligible for a new bonus

• To avoid annual fees

What change is happening to the AMX Business Gold card in 2024?

• Increase in cashback percentage

• Removal of points rebate feature

• Introduction of new benefits

• Annual fee decrease

What is the speaker's strategy if there are no new credit card offers in 2024?

• Switch to cash payments

• Continue optimizing current setup

• Apply for random credit cards

• Stop using credit cards

What is the speaker's main financial goal with credit cards?

• Earn interest on savings

• Maximize cashback

• Build credit history

• Save on travel expenses

How does the speaker view credit cards in terms of personal finance?

• As a way to earn interest

• As a liability

• As a powerful financial tool

• As a means to accumulate debt