Credit Card Strategy Quiz

What is the primary benefit of using the AmEx Gold Card for food-related expenses?

• It provides free dining at select restaurants.

• It offers 2X points on all purchases.

• It offers 4X points per dollar at grocery stores and U.S. restaurants.

• It has no annual fee.

Why does the narrator prefer the Chase Freedom Unlimited card?

• It is part of the Chase Trifecta strategy and accumulates Chase points.

• It provides free hotel stays.

• It offers 2X points on all purchases.

• It has no annual fee.

What is the narrator's strategy for getting approved for the Capital One Venture X card?

• Using a co-signer for the application.

• Applying through a special referral program.

• Waiting six months without opening new credit cards.

• Applying for multiple credit cards simultaneously.

How does the Build MasterCard help with rent expenses?

• It offers a discount on rent payments.

• It earns 1 point per dollar on rent payments.

• It allows rent payments to be deferred.

• It provides free rent insurance.

What is the main reason for using the Chase Freedom Flex card in the third quarter of 2023?

• It offers 2X points on all purchases.

• It has no annual fee.

• It offers 5X points on gas purchases.

• It provides free travel insurance.

What is the unique feature of the City Custom Cash card?

• It provides free travel insurance.

• It offers 5% back on the highest eligible category each billing cycle.

• It offers 2X points on all purchases.

• It has no annual fee.

Why does the narrator keep the Chase Sapphire Preferred card?

• For its lounge access benefits.

• Because it has no annual fee.

• For its high cashback rate.

• To have access to Chase Transfer Partners.

What is a key benefit of the AmEx Business Gold Card?

• It offers 4X points in two highest spending categories.

• It offers 2X points on all purchases.

• It provides free business class flights.

• It has no annual fee.

What is the advantage of the Charles Schwab Investor Checking Debit Card?

• It has no annual fee.

• It offers free travel insurance.

• It provides unlimited ATM fee reimbursements worldwide.

• It offers cashback on all purchases.

How does the narrator plan to use the AmEx Business Gold Card's points rebate feature?

• To transfer points to other credit cards.

• To get free hotel stays.

• To book American Airlines flights through the AmEx travel portal.

• To get cashback on all purchases.