Credit Card Strategy and Benefits Quiz

What was the main reason the narrator decided to get the AMX Business Platinum card?

• To take advantage of a high signup bonus

• To earn cashback on everyday purchases

• To get discounts on travel bookings

• To avoid annual fees

How does the AMX Business Platinum card increase the value of AMX points for flights?

• By offering a 50% discount on all flights

• By doubling the points earned on all purchases

• By providing free upgrades to first class

• By giving a 35% airline bonus on points used

What is the unique feature of the Chase Freedom Flex card for the second quarter of 2024?

• It eliminates foreign transaction fees

• It provides 7x points on dining due to stacking categories

• It gives a flat 5% cashback on all spending

• It offers 10x points on all purchases

Which categories are included in the Chase Freedom Flex card's rotating categories for the second quarter of 2024?

• Electronics and travel

• Clothing and entertainment

• Amazon and Whole Foods, hotels, and restaurants

• Gas and groceries

What strategy does the narrator use to maximize points on the Chase Freedom Unlimited card?

• Using it exclusively for online shopping

• Combining it with other cards for gas and groceries

• Avoiding it for any purchases

• Only using it for travel expenses

How does the narrator plan to use the City Custom Cash card?

• To pay for travel expenses

• For all online purchases

• To earn 5x points on gas

• For dining and entertainment

What is the primary benefit of the Schwab debit card mentioned by the narrator?

• It gives discounts on dining

• It provides free travel insurance

• It offers cashback on all purchases

• It reimburses ATM fees worldwide

What is the main advantage of using the Built MasterCard for rent payments?

• It offers a 10% discount on rent

• It gives cashback on utility bills

• It allows earning points without transaction fees

• It provides free maintenance services

How does the narrator ensure they meet the Built MasterCard's transaction requirements?

• By using it exclusively for travel bookings

• By using it for all grocery shopping

• By setting up automatic payments for subscriptions

• By making large purchases at the beginning of the month

What is the narrator's strategy for maximizing points on the Built MasterCard during rent day?

• Timing subscription payments for the first day of the month

• Paying rent in advance

• Using it for all dining expenses

• Avoiding any transactions on rent day