2 epic videos, back to back. On this video, did I miss the part where you mention the order of the cards one gets can make a difference ( ie Chase 5/24, C1 apparent rules around early vs late game...)? Knowing these rules early can be a huge help.
@MarkReese
Жыл бұрын
No I don't usually recommend card order based on rules. I prefer people get the cards they want, not because a rule makes them think they should want it. Regardless, all of these cards can be early game, so there's no need to divide them by stage either.
@Jrosballer
Жыл бұрын
So you don’t care about 5/24?
@theeverydailyshow
Жыл бұрын
@@MarkReese I didn't say recommend. I said mention. That's a key difference, because beginners may not be aware of such rules. They can decide what works for them. It's just relaying info. But you're really opposed to just mentioning?
@theeverydailyshow
Жыл бұрын
@@Jrosballer that's directed to Mark, correct?
@Jrosballer
Жыл бұрын
@@theeverydailyshow yea
@mattfrias2007
Жыл бұрын
Hi Mark! Great video, as always. Question - for cards which we have but do not frequently use at all, how often do we have to use them to avoid the card issuer cancelling the card? Once per year? Please share your anecdotal experience and what you have heard. Thanks!
@MarkReese
Жыл бұрын
The earliest account closure due to inactivity that I've experienced about ~ 9-10 months. For that reason, I suggest using all cards at least once every 6 months to keep them active.
@LouThaEnergy
Жыл бұрын
I’m out of the game until next year.
@MarkReese
Жыл бұрын
Countdown to 2024!
@ricktompson9453
Жыл бұрын
6 views 4 minutes. Friday night. Not bad.
@MarkReese
Жыл бұрын
🏆
@Beborio2012
10 ай бұрын
Thanks for the video! Thoughts on a beginner combo cards, Discover it Chrome and Chase Rise?
@MarkReese
10 ай бұрын
You're welcome! Sure, those cards can work together just fine!
@miguelfarano
Жыл бұрын
C1 isn’t a good option as secured card. It won’t release your deposit as easy as a discovery.
@MarkReese
Жыл бұрын
Did you experience that yourself? If so, on which secured card?
@miguelfarano
Жыл бұрын
@@MarkReese yes I opened both discover and c1 quicksilver, discover after 6 month shipped me a check with my deposit. While C1 within one year and nothing… decided to just cancel it. I understood that they bucket ppl from secured cards. Datapoint shows that you can try to trick it by having the whole credit used in a month and pay it off in the statement and a month after a low credit usage and repeat to sort of reset the bucketing.
@reyy292
Жыл бұрын
Saludos, 🇵🇷👍
@MarkReese
Жыл бұрын
👊👊
@StarFruit37
Жыл бұрын
I have 3, 4 , and 7 not bad🙂
@MarkReese
Жыл бұрын
🏆
@Jnaszty559
Жыл бұрын
I’m sort of confused. Let’s say I get a 0% apr card for 15 months. 10 months from now I decide to make a big purchase… does that mean I only have 5 months of 0% ? Or it starts when I purchase ?
@MarkReese
Жыл бұрын
That would mean 5 months remaining.
@yaritzasalcido98
11 ай бұрын
I have Chase checkings, and on the app, it says my credit is 607… but I don't have a cc, how is that? I also want to get a cc but I'm not sure which bank is best. Help sos
@MarkReese
11 ай бұрын
What other financial products do you have / did you have in the past? Personal loans? Student loans? Auto loan? Mortgage?
@yaritzasalcido98
11 ай бұрын
@@MarkReese I've used those afterpay apps, I'm guessing it's probably from that right?
@MarkReese
11 ай бұрын
@@yaritzasalcido98 - Could be!
@esdrasquiros7368
Жыл бұрын
only have 1 cc it's discover...a 677 credit score, in your opinion which card would you say would be my best choice to build my cc game
@MarkReese
Жыл бұрын
How long has your Discover card been open?
@esdrasquiros7368
Жыл бұрын
for about 3 years now...before my cc was 540@@MarkReese
@athencroft5139
Жыл бұрын
It depends on what you want to acquire etc. ie do you want to continue earning cash back? Points for travel? How long have you had your card? Delinquency? You can also ask MyFICO Forums and plenty of people can help you there if Mr Reese cant answer your questions 😌
@Juanmi62
Жыл бұрын
@@MarkReeseHi Mark! I would love some advice. I’ve had the discover it card for 8 months now and it was my first credit card. My score it’s 750 and I want to open a second credit card. I applied for chase active cash and got denied because I’m 19. Any recommendations?
@MarkReese
Жыл бұрын
@@Juanmi62 - Your age was the only reason for the denial? In which state do you live?
@samuelfernandez3218
Жыл бұрын
I have bank of america rn is the bank of America credit card good for a beginner?
@MarkReese
Жыл бұрын
Meaning you have a BOA bank account, or you already have a BOA credit card?
@kazi1
Жыл бұрын
yo
@MarkReese
Жыл бұрын
🤙
@JonnyZerep
Жыл бұрын
What is this game people are talking about?
@MarkReese
Жыл бұрын
The credit card rewards game in general.
@djlearning60
Жыл бұрын
just a quick question regarding capital one. I tried the get preapproved for savor one with the intro (excellent credit) with no annual fee and venture x but I got denied for venture x and only got approved for good credit for the other. my credit score is 770+ but I noticed that experian was only 718? I fit the category of excellent but didnt get pre-approved for any. is this normal?
@MarkReese
Жыл бұрын
Bummer. Unfortunately, I don't have any insights into how Capital One's underwriting criteria / approval standards work. Credit decisions involve a lot of factors, and fitting into one of Capital One's 'categories' doesn't mean an approval is guaranteed.
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