Credit card expert Sebastian Fung joins Chris to discuss the current state of credit cards including recent changes to reward programs, and predictions for 2024. They also dive into topics such as misconceptions about opening multiple cards, whether its still worth chasing status, how to approach sign-up bonuses versus multipliers, credit cards with the most bonuses and more!

Sebastian Fung is a personal finance expert who runs AskSebby, one of the largest YouTube channels focused on credit cards and travel points. He is also the co-founder of Roadrunner Ventures and Cardonomics, a startup that helps creators automate compliance and make affiliate income from credit cards and bank accounts.


Resources Mentioned

Sebastian Fung
Website: https://www.asksebby.com/
YouTube:    / @asksebby  
Instagram: https://www.instagram.com/asksebby/?h...
Ask Sebby Business:    / @asksebbybusiness  

Citi Bank Cards: https://www.asksebby.com/credit-cards
Calculators for Expected Credit Card Value: https://www.asksebby.com/tools#calcul...

All the Hacks
Credit Card Site: https://www.allthehacks.com/cards
Card Optimizer Spreadsheet: https://allthehacks.com/cardvalue

Rewards Cards
CapitalOne Venture X Business: 150K Welcome Bonus Miles (spend $30,000 in 3 months): https://milevalue.com/creditcards/ven...
Citi® Double Cash Card - Earn 2X: https://milevalue.com/creditcards/cit...
Citi Premier® Card - Earn 3X across many categories: https://feeds.megaphone.fm/allthehack...
The Platinum Card® from American Express: https://www.americanexpress.com/en-us...
150K Bonus with CardMatch: https://milevalue.com/cardmatch/?aff=ath
Marriott Bonvoy Brilliant® American Express® Card: https://milevalue.com/creditcards/mar...

Cashback Cards
Bank of America® Cash Reward Cards: https://www.bankofamerica.com/credit-...
American Express Platinum Card® for Schwab: https://www.schwab.com/credit-cards/p...
Capital One Cash Back Cards: https://milevalue.com/best-credit-car...


Full Show Notes

00:00 Introduction
02:08 How Sebastian Got into the Points Game
04:15 The Current State of the World of Points & Miles
05:37 Is Chasing Airline Status Worth It?
09:03 Thoughts on Hotel Status
11:46 Status Program Changes to Expect in 2024
13:20 Biggest Changes to the Credit Card Game
19:54 American Express Pulling Out of Delta Lounges
20:51 Credit Card Changes to Expect in 2024
21:44 Sebastian’s Equinox Hack
22:53 Earning Limitations Due to Legislation Changes
24:55 Do Credit Card Companies Like Power Users?
26:03 Chasing Welcome Bonuses vs. Multipliers and Bonuses
28:41 Misconception about Opening Up Multiple Cards
29:39 The Unpublished 524 Rule
32:34 Cards with the Most Bonuses
34:37 Cashback Cards
36:20 Amex Membership Strategy
44:20 Playing the Points Game vs. Cashback Cards
46:11 Ways to Increase Spend to Hit Bonuses
47:51 Different Ways to Use Points
50:24 Best Airline Cabin Experience
52:40 Using Delta Points to Get Good Value

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