Credit Card Strategy Quiz

What was the main reason the narrator avoided opening new credit card accounts in early 2022?

• They were focusing on paying off existing debt.

• They were waiting for better credit card offers.

• They wanted to keep expenses low after quitting their job.

• They had a low credit score.

Which card did the narrator acquire in June 2022 for its sign-up bonus?

• Chase Freedom Flex

• Marriott Bonvoy Boundless

• AmEx Blue Business Plus

• Chase Ink Business Unlimited

Why was the narrator denied the Capital One Venture X card?

• They missed a payment on another card.

• Their credit score was too low.

• They applied too late in the year.

• They had too many revolving accounts.

What is the unique feature of the Bilt MasterCard that the narrator finds beneficial?

• It has no annual fee.

• It offers 5% cashback on all purchases.

• It waives credit card fees for rent payments.

• It provides free travel insurance.

What is the main goal of the narrator's two-player credit card strategy with their fiancé?

• To qualify for exclusive credit card offers.

• To reduce their overall credit card debt.

• To simplify their credit card management.

• To double their points earning potential.

Which card does the narrator plan to add their fiancé as an authorized user on?

• Bilt MasterCard

• Capital One Venture X

• AmEx Platinum

• Chase Freedom Flex

What is the narrator's preferred method of redeeming credit card points?

• Gift cards

• Merchandise

• Cashback

• Travel

How did the narrator maximize the value of their AmEx points for a trip to Europe?

• By booking economy class tickets.

• By redeeming points for hotel stays.

• By using a transfer bonus promotion with Air France.

• By purchasing travel insurance.

What is the value per point the narrator achieved for their Air France business class seats?

• 4.2 cents per point

• 6.8 cents per point

• 7.3 cents per point

• 5.5 cents per point

Which location is NOT mentioned as part of the narrator's planned travel in 2023?

• Lisbon

• Paris

• Tokyo

• Napa Valley