Why I Have 41 CREDIT CARDS and Pay $6,182 in ANNUAL FEES
Рет қаралды 46,235
Күн бұрынIt’s no secret…I have A LOT of credit cards…41! Here’s my explanation of which credit cards I have, why I have them, the credit limits, the annual fees, and more. Get ready for a wild ride! Click “Show More” to see Ad Disclosure.
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HERE ARE THE 41 CREDIT CARDS I HAVE…
1. Amex Business Platinum Card #1
2. Amex Business Platinum Card #2
3. Amex Platinum Card
4. Amex Schwab Platinum Card
5. Amex Business Gold Card
6. Amex Gold Card #1
7. Amex Gold Card #2 (Rose Gold Card)
8. Amex Green Card
9. Amex Blue Business Plus
10. Amex Blue Business Cash
11. Marriott Bonvoy Brilliant
12. Marriott Bonvoy Business
13. Chase Sapphire Preferred
14. Chase Freedom Flex
15. Chase Ink Business Cash
16. Chase Ink Business Unlimited
17. Marriott Bonvoy Premier Plus Business (Chase)
18. Ritz-Carlton Credit Card (Chase)
19. World of Hyatt Credit Card (Chase)
20. Amazon Prime Rewards Visa Signature Card (Chase)
21. Citi Custom Cash Card
22. Citi Double Cash Card
23. Citi ThankYou Preferred
24. American Airlines MileUp Card
25. CitiBusiness AAdvantage Platinum Select
26. Costco Anywhere Visa Signature
27. Citi Dividend Card
28. U.S. Bank Altitude Reserve
29. U.S. Bank Cash+
30. U.S. Bank Business Leverage
31. U.S. Bank Business Triple Cash
32. Capital One Venture X
33. Capital One Venture Rewards
34. Capital One Spark Business Select
35. Bank of America Business Advantage Customized Cash Rewards
36. AAdvantage Aviator Mastercard (Barclays)
37. Wyndham Rewards Earner Business (Barclays)
38. PNC Cash Rewards Visa Credit Card
39. Discover it Cash Back Credit Card
40. Wells Fargo Propel Card
41. Apple Card (Goldman Sachs)
TOTAL ANNUAL FEES
- $6,182
- Personal credit card annual fees = $3,984
- Business credit card annual fees = $2,198
- American Express Card annual fees = $4,300 (69.5% of entire portfolio)
- 21 credit cards have no annual fees
HOW I JUSTIFY THE ANNUAL FEES
It’s a combination of the welcome offers, rewards points & cash back earned, credits, benefits, hotel night certificates, referrals, etc.
TOTAL CREDIT LIMITS
- $361,451
- Personal credit card limits = $270,251
- Business credit card limits = $91,200
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#creditcards #travelcreditcards #cashbackcreditcards
@Oli75 2 жыл бұрын
Love this. I find people's credit journeys to be very fascinating. Please make a video with the inactive cards. I find credit cards very interesting and I don't care how long the videos ends up being. I love long credit card videos. Brian Jung had an hour long video and I was riveted. Bring it on. 😆
@MarkReese 2 жыл бұрын
Haha glad to hear it! 🥇
@ELPCOTILLION-SD1970 2 жыл бұрын
Debit Cards Are Credit Cards In Reverse...And Are Better...
@MarkReese 2 жыл бұрын
@@ELPCOTILLION-SD1970 - Debit cards are definitely better for some people 👊
@ELPCOTILLION-SD1970 2 жыл бұрын
@@MarkReese Indeed...At Least For Me... Nothing Wrong With Credit Cards...I Have 1 Credit Card...But I Got The Debit Cards To Take A Break From Using The Credit Cards From Time To Time...Their Fun To Use...Just Deposit Cash At Ur Favorite Stores The Make Purchases...And Not Have To Worry About The Debt A Bloody Credit Cards Shall Bring...
@MarkReese 2 жыл бұрын
@@ELPCOTILLION-SD1970 - For sure! 💯
@Daniel_Braun 2 жыл бұрын
There’s not gonna be enough room on that pool table soon! Amazing stuff Mark!
@MarkReese 2 жыл бұрын
Gotta upgrade to a snooker table 😂👊
@dylanlambdin6341 2 жыл бұрын
Wow Mark, you really outdone yourself on this one. Just fantastic work here with the justification of each card and even the limits and dates. I’d also love to see the video on your cancelled cards too. I like the long videos and this one lasted my entire lunch break with just enough time to clock back in, perfect timing. Again, very well done Mark. Keep ‘em coming!
@MarkReese 2 жыл бұрын
Appreciate it, Dylan! Glad to have filled that lunch break with some quality entertainment 😁🍿
@MarkReese 2 жыл бұрын
Confession: I want more 😬
@Xtremeproducts 2 жыл бұрын
I want more as well. I’m going to count mine now.
@leonnalee2675 2 жыл бұрын
I relate
@wanderingdoc5075 2 жыл бұрын
I'm active military and pay $0 in fees on all credit cards, and I still can't justify having a lot of cards. I can never remember to buy food on the plane and every year I end up with about $0 in airline incidental and food spend. Also I find myself end up eating crappy food and ordering from the food delivery services just because I have credit cards. I also end up forgetting which cards do what. One thing I did was transfer Chase points to United and book two trips to Panama and Mexico this year, so that worked well. I'm sitting here not being able to justify a lot of cards even though I pay no annual fees and this dude is justifying over six grand in annual fees lol
@Xtremeproducts 2 жыл бұрын
@@wanderingdoc5075 I’m active too. Army. No AF
@supremeobliterator 2 жыл бұрын
You mad man you!
@SolidLiquidFox 2 жыл бұрын
Videos like these are very personal since you are explaining what got you to this point. Also sharing credit limits, product change paths and your train of thought. We know there is a method to the madness even though the masses may not understand. Thank for sharing Mark!
@MarkReese 2 жыл бұрын
Yes indeed! 🌟
@aadeorukhkar 2 жыл бұрын
That’s a lot of efforts pulling together this much data and systematically presenting it! Seriously, hats off 🙏! What I like most is you are so down to earth and open in all your videos, avoiding any misleading (the cautionary words you started the video with are so valuable)! Best!
@MarkReese 2 жыл бұрын
Thank you so much! 💯
@thidang9682 2 жыл бұрын
Hey Mark, I wanted to say thank you for putting effort and sharing your credit cards journey video for us. You got all your viewers going wild. You set the bar extremely high, now I'm curious how many credit cards does Ask Sebby or Ben Hedges have since they been in the credit cards game for a long time. This video was absolutely valuable, detail, and informative for credit cards enthusiast. After seeing your 41 credit cards, it felt like you present everyone your Pokemon cards collection or Yugioh deck. I have an idea, if you ever collaborate with Ask Sebby in the future, you guys should have credit cards dual (Yugioh reference). Lastly, I would love to see your inactive/closed cards.
@MarkReese 2 жыл бұрын
Thanks so much, Thi - really glad to hear you enjoyed the presentation 😃💯 I too hope other credit KZfaqrs will do similar videos to show us what they've got!
@PRHBxEaSyKill 2 жыл бұрын
Wow!! Impressive work, thank you so much for sharing with us ☺️ definitely waiting on the full story video with cancelled cards and everything.
@MarkReese 2 жыл бұрын
Thanks JCee! 💯
@roaddogg800 2 жыл бұрын
Holy guacamole! That's both impressive & mind boggling. I've functioned the past 5 years with a single Wells Fargo rewards Visa. I've literally been on the fence for weeks trying to decide whether to add a single additional card for travel.
@MarkReese 2 жыл бұрын
Nothing wrong with a single card if it's been serving your needs! 🥇
@lalalalalaaaa 2 жыл бұрын
Great video!!! My 1st year building credit and was planning for 21+ but now I think 11 cards is my goal, I wouldn't be able to keep up with the reward side
@MarkReese 2 жыл бұрын
Great! If 11 is your number, make it happen 💯
@bfan2816 2 жыл бұрын
Wow, watching with popcorn in hand!
@MarkReese 2 жыл бұрын
Enjoy! 🍿
@jt2428 2 жыл бұрын
Your collection of your credit cards are beautiful! Congratulations on all your success! 🥳🥳🥳🥳🥳
@MarkReese 2 жыл бұрын
Appreciate it, JT! 🥇
@jordan23ww 2 жыл бұрын
Thank you so much for making this video! I loved it! It was cool to get to check out your whole collection and see the perks, annual fees, product changes you’ve done and limits. I really got into the credit card game in 2019 and now it’s a big hobby of mine. I currently have 19 cards. Thanks again for sharing and keep up the great work!
@MarkReese 2 жыл бұрын
Glad you enjoyed it, Jordan! And WELL DONE on those 19 cards since 2019...that's impressive 🏆
@jhonnatanr 2 жыл бұрын
Great video, very informative and value packed!! Definitely think people will be interested in the video you mentioned where you show all your closed accounts as well 💳
@MarkReese 2 жыл бұрын
Thanks Jhonnatan! I'll definitely consider it 💯
@mikebell958 2 жыл бұрын
Great Video, Mark. I love how you went over the house rules. Classic! " If I have have a lot of cards, that doesn't mean you should have a lot of cards". :)
@MarkReese 2 жыл бұрын
Exactly right 😁👊
@docsays 2 жыл бұрын
just watched the whole video. pure awesomeness. thanks for the super detailed explanation! 👋
@MarkReese 2 жыл бұрын
Glad ya liked it, and thank you for the viewership support - you rock! 🥇🎬
@DallinBunnell 2 жыл бұрын
Thanks! This is great! You could product change your venture card to the savor card. Then you can combine your savor cash back eth your venture x points.
@MarkReese 2 жыл бұрын
Definitely on the consideration list 😁👊
@Xtremeproducts 2 жыл бұрын
Mark got me counting all my cards now.
@MarkReese 2 жыл бұрын
Over & over again 😄🔄
@Xtremeproducts 2 жыл бұрын
@@MarkReese I’m still counting but it’s because I’m counting them over and over again…lol
@creditmark 2 жыл бұрын
This is gonna be good!
@Xtremeproducts 2 жыл бұрын
Mark it’s very good lol
@MarkReese 2 жыл бұрын
😎🔥
@johannfevrier8060 2 жыл бұрын
I really enjoyed watching this video. It’s amazing how each card has a story and a purpose. Really impressed how you manage them! I am looking forward to seeing the other video with the 23 canceled cards 😅😅😅
@MarkReese 2 жыл бұрын
Glad you enjoyed it, Johann! 🎬
@lalalalalaaaa 2 жыл бұрын
Wow the title n the length 29 mins, I know this video is gonna be iconic 🔥🔥🔥
@MarkReese 2 жыл бұрын
You got that right 😁👊
@usercreated Жыл бұрын
@mark More people need to see your videos !
@MarkReese Жыл бұрын
Yes they do! Doing my best to grow the channel! 😃👊
@getsugatenshoFTW 2 жыл бұрын
Saw title and thumbnail knowing this is gna be a banger. Smashed like. I am but a simple guy
@MarkReese 2 жыл бұрын
Thanks for the Like Smash, you rock! 👊
@LaToya_C. Жыл бұрын
Great video. I really appreciated the detail and especially the house rules in the beginning! 💯👍🏽
@MarkReese Жыл бұрын
Thanks LaToya! 🏅
@latorres75 2 жыл бұрын
This is insane but appreciated. Love your videos since they help with my own credit card journey. Keep it up man!
@MarkReese 2 жыл бұрын
Happy to hear you're benefiting, Luis! 💯
@johnchitty2804 2 жыл бұрын
Holy crap Mark! Incredible job on this video! Thank you so much for the work you put into this! I would absolutely love a "Whole credit card story" video. I love nerding out about this stuff!! haha Keep up the awesome content. You're truly gifted and I hope you continue to have success!!
@MarkReese 2 жыл бұрын
Thanks so much, John! 🏆
@spencerbishop8724 2 жыл бұрын
This was the best credit card video I've ever seen. I've been waiting for this from you. Thank you Mark!
@MarkReese 2 жыл бұрын
Thanks so much, Sir! 🏆
@ItsReezun 2 жыл бұрын
Instant sub this is the most in depth explanation i have ever seen in an youtube video
@MarkReese 2 жыл бұрын
Thanks so much, Reezun! 🥇
@johndunston2394 2 жыл бұрын
Mark...Wow. All I can saw is Wow 👌 👍. What a video.
@MarkReese 2 жыл бұрын
Thanks John! 🥇
@masoompatel11 2 жыл бұрын
Amazing video. I love to hear about other people’s credit journeys.
@MarkReese 2 жыл бұрын
Glad you enjoyed it, Masoom! 💯
@masoompatel11 2 жыл бұрын
@@MarkReese I’ve see a few of your videos before and now I’m officially subscribed. Can’t wait to see what you come out with next.
@MarkReese 2 жыл бұрын
@@masoompatel11 - Hugely appreciated! More great videos coming your way 😃🎬
@CJ-sj8nf 2 жыл бұрын
Great video and I been curious for a long time about how many credits you have. Now I just need all credit card KZfaqrs to do the same video. Best credit card video of the year!
@MarkReese 2 жыл бұрын
Thanks CJ! I hope it inspires other credit KZfaqrs to do the same; it'd be cool to see what we're all using 😃🎬
@r.a.8407 2 жыл бұрын
That's a nice spread
@MarkReese 2 жыл бұрын
Thanks! 👊
@mitchell.9632 2 жыл бұрын
And that is why you have a decent amount of retention offer videos to off set those annual fees (works on no annual fee cards, depending on the issuer too). Great use of a billiards / pool table, "put money in your pocket.".
@MarkReese 2 жыл бұрын
Haha pun _intended_ 😁👊🎱
@tiantpassmore937 2 жыл бұрын
This is great that you're sharing the evolution of your credit journey. I love the Max rewards AP. It helps me a lot managing my my little 12 card setup. Preciate the content.
@P.I.P.E.L.I.N.E_Podcast 2 жыл бұрын
People think I have a lot of cards for my age (I’m 21 years old at the moment) even though I only have 5, and plan on getting more, they’d probably have a heart attack knowing how many mark has😅
@MarkReese 2 жыл бұрын
Glad you enjoyed the video + the MaxRewards app! 12 cards is legit! 🔥
@MarkReese 2 жыл бұрын
@@P.I.P.E.L.I.N.E_Podcast - Haha congrats on building up the first 5!
@P.I.P.E.L.I.N.E_Podcast 2 жыл бұрын
@@MarkReese yeah I only have Visa and MasterCards I need to get the Discover it NHL and Amex everyday are my next up cards making it 7
@MarkReese 2 жыл бұрын
@@P.I.P.E.L.I.N.E_Podcast - Great choices, go get 'em!
@adamgarrettJn15 2 жыл бұрын
That's a solid list of cards. Thank you for the video including that initial disclaimer. I think I have 15 of these.
@MarkReese 2 жыл бұрын
Glad you enjoyed it! Congrats on those 15 approvals, Adam! 🏆
@adamgarrettJn15 2 жыл бұрын
@@MarkReese thanks! I have a little over 30, but 15 crossovers with yours.
@MarkReese 2 жыл бұрын
@@adamgarrettJn15 - Wow THAT is impressive! Here's your trophy --> 🏆
@adamgarrettJn15 2 жыл бұрын
@@MarkReese not as impressive as your 40+!
@MarkReese 2 жыл бұрын
@@adamgarrettJn15 😁
@eowendyl 2 жыл бұрын
Well, that was a few more than I was expecting. Good stuff.
@MarkReese 2 жыл бұрын
Surprise!
@infantrycaptain9224 2 жыл бұрын
That was your finest presentation! 👍
@MarkReese 2 жыл бұрын
Thank you! 💥
@robertbowns9390 Жыл бұрын
WOW! What a Luxury collection you have! It’s truly amazing!, appreciate you sharing your collection and data points in the process! 💴💳💰
@MarkReese Жыл бұрын
Thanks Robert! 💯
@parkour267 Жыл бұрын
wow rocking the pnc card. wish I could product change mine as that was my first card and could be better with the newer cards.
@MarkReese Жыл бұрын
Did PNC not allow you to product change from an older card?
@parkour267 Жыл бұрын
@@MarkReese Nope. PNC doesn't allow product change that way unfortunately. But I have a free card with them so no harm done haha.
@MarkReese Жыл бұрын
@@parkour267 - Bummer, but good that it's got no annual fee 💯
@trestintwhite 2 жыл бұрын
This is beyond satisfying!
@MarkReese 2 жыл бұрын
Glad to hear it! 🌟
@christopherjohn5575 2 жыл бұрын
Mark is a true credit card king 👑
@docsays 2 жыл бұрын
- ya, he is Boss Level
@P.I.P.E.L.I.N.E_Podcast 2 жыл бұрын
People think I have a lot of cards for my age (I’m 21 years old at the moment) even though I only have 5, and plan on getting more, they’d probably have a heart attack knowing how many mark has😅
@MarkReese 2 жыл бұрын
😎👑💳
@AnthonyHernandez-qg5qx 2 жыл бұрын
I'm happy to share that I got accepted for the Fidelity credit card 😁
@MarkReese 2 жыл бұрын
Heck yeah that's fantastic! 🌟 Congrats, and enjoy the 2% rewards!
@shawnvire4941 2 жыл бұрын
Great video Mark i know u want more!!!
@MarkReese 2 жыл бұрын
Thanks Shawn - I sure do 😄
@qn5947 2 жыл бұрын
Mark should be crowned the G.O.A.T of credit cards. I don't think other KZfaqrs have as many cc as Mark.
@MarkReese 2 жыл бұрын
😁👑
@sergiozavala4136 2 жыл бұрын
Awesome videos! One of a kind. I find this very fascinating. I hope to be there one day!
@MarkReese 2 жыл бұрын
Thanks Sergio! Do it properly, and you will 🥇
@kylerodgers3608 2 жыл бұрын
Been looking for a vid like this for a while - appreciate all the work put in. Can you do a vid on what card you use for each category: mortgage/ rent, utilities, internet, cellular, groceries, dining, gas, misc? Also what’s your total welcome bonus value of all cards lol
@MarkReese 2 жыл бұрын
Glad ya liked it, Kyle! I'll definitely consider another video about my actual strategy. Haven't calculated the value of all the welcome bonuses...not doubt it's a big number 😁🏆
@Infinity8-8 2 жыл бұрын
Make a part 2 of this video showing the order you opened them in. And if you can include the SUB you got at the time.
@MarkReese 2 жыл бұрын
I'll consider it! 😃
@LouThaEnergy 8 ай бұрын
You need to make an updated video of all your cards Mark! It’s going to be epic lol.
@MarkReese 8 ай бұрын
Perhaps at some point!
@LalitDevraj 2 жыл бұрын
This is gonna be wildddd!!! 😁😁😁😁
@MarkReese 2 жыл бұрын
You know it!🎢 + 💳
@azan-183 2 жыл бұрын
Great video! My head is basically swimming with so many cards LOL! For me, the United Explorer or Hilton Surpass cards are good next cards! Also, I love the free night hotel cards, including ones by Marriott and Hyatt! Those are next on my list! Also, because I sometimes get stressed by so many cards, I might download Max Rewards!
@MarkReese 2 жыл бұрын
Great next cards, Azan! Make it happen 🌟
@maritestaylor8458 2 жыл бұрын
Awesome 😎😎😎😎 thanks for sharing.
@MarkReese 2 жыл бұрын
Thanks for watching!
@Mr.CEO888 2 жыл бұрын
Nice collection be I can’t imagine how you can use all those yourself every year to get the points. 👍🏽
@MarkReese 2 жыл бұрын
Thanks! 💯
@frederickhunter9007 2 жыл бұрын
Interested in seeing how you store you cards. What type of wallet do you use for your everyday and travel cards.
@MarkReese 2 жыл бұрын
Everyday wallet = Salvatore Ferragamo Mancini wallet
@TheCreditFrog 2 жыл бұрын
What a legend!
@MarkReese 2 жыл бұрын
🏆💳🏆
@JakeBroe 2 жыл бұрын
You are making me look like an amateur with only 22 cards... lol
@MarkReese 2 жыл бұрын
Time to level up brotha! 😁👊 Planning to make it 23 in 2022?
@Hail2th3k1n6 2 жыл бұрын
I have the Discover It Miles, Chase Marriott Bonvoy Boundless, and the Amex Delta Gold (Largely for the fat sign up bonus). Hoping to add the Amex Gold to my card family about midway through the year.
@MarkReese 2 жыл бұрын
Great cards, Mat! Good luck on the Amex Gold Card whenever you decide to pull the trigger 😃👊💳
@xYasago 2 жыл бұрын
Just one comment regarding pickup orders on delivery apps (DoorDash, Grubhub, and Uber eats): many restaurants will list menu prices that are higher in those apps than if you were to order pickup directly from them (since these apps can take up to a 30% commission from restaurants, and restaurants will offset them by listing higher prices on those apps). With that in mind, your food credits from those delivery apps can be worth less (even without delivery fees/tips) due to inflated menu prices, depending on where you order from. This whole video is very fascinating though and I find it interesting how you justify such big fees. Thanks for breaking everything down!
@MarkReese 2 жыл бұрын
Good point 👍 Worth comparing in-app pickup rates vs. direct at restaurant.
@HistoryThigh9000 Жыл бұрын
I’d love to see a 1 year later version. I know you’ve closed some cards and added some, even if it’s less overall (idk if it is) I’d love to see it and your reasoning! Sure it’s a time consuming video to make but please consider!
@MarkReese Жыл бұрын
Glad you enjoyed it! No plans for an update at this time.
@adamdiazzz 2 жыл бұрын
I only have 4. Just got Amex gold and I think that’ll do it for me for now 😂
@MarkReese 2 жыл бұрын
Congrats on that approval for the Amex Gold Card! 🌟
@ctbt1832 Жыл бұрын
Yes make the video. I would like to see it
@MarkReese Жыл бұрын
😃💯
@ceciliaruns72 2 жыл бұрын
Facinating! I wondered how you use them each month 🤔 and if you put a small amount of spend each month to keep them all open??
@MarkReese 2 жыл бұрын
I may do another video on my actual strategy. For activity, each cards gets at least 1 charge every 6 months ✌️
@fiveiron40 2 жыл бұрын
I would be interested in the full video including cancelled cards. I'm about to enter year 3 of my credit card hobby journey, so I'm beginning to consider which cards to close down permanently. Also, will you do a review of the GM card? Would like to hear your take on this unique and newly revamped card.
@MarkReese 2 жыл бұрын
I'lll consider both of those videos!
@Barry17599 2 жыл бұрын
Thanks
@MarkReese 2 жыл бұрын
Of course 👌
@MrHooters123 Жыл бұрын
I love your set up and there's a lot you have that are in my game plan but amex is definitely not my first choice for business besides the blue business preferred. I was considering the bis Plat for when I need computers and to pay a full year's rent once my company needs office space then cancel after the second year unless my growth way over exceeds my projections
@MarkReese Жыл бұрын
Get the cards that fit your needs 😃👊
@jalabi99 2 жыл бұрын
Epic video!
@MarkReese 2 жыл бұрын
Thanks!
@PatNeedhamUSA 2 жыл бұрын
YES!!! This is the video I've been waiting for lol
@MarkReese 2 жыл бұрын
The time has come! 💳
@kbhoskin Жыл бұрын
Love this video, and all your content. It has really made me more interested in maximizing my CC benefits and rewards. How often do you/ how often should one apply for new credit if they have good/excellent credit? Thanks!
@MarkReese Жыл бұрын
There’s no set answer to that. Here’s a link to another video on that topic for a general approach: kzfaq.info/get/bejne/aNZnmMqhlc_eaYE.html
@abendiaye3330 2 жыл бұрын
Wow, that’s crazy. I have 3 cash back cards. Discover, Chase Freedom Flex, and Sam’s Club. Pretty good trifecta actually.
@MarkReese 2 жыл бұрын
It sure is! 💯
@Frostyrnb77 2 жыл бұрын
Mark flexing his Yugioh Cards in this video xD. A video on inactive cards would be awesome, since many people always fall into the myth of closing no fee cards is bad. Thats really only true if its either short term early on the journey and/or one of the foundation slots (first 3-5 cards)
@MarkReese 2 жыл бұрын
Right on! I'll consider that 2nd video at some point 👊
@TonyMoze 2 жыл бұрын
I wish you went up close with the cards… With duck tape over the numbers, of course! 😃 Like how Brian Jung did it
@MarkReese 2 жыл бұрын
Perhaps in a future video 😁
@TonyMoze 2 жыл бұрын
@@MarkReese cool 👍
@jeremymoore450 2 жыл бұрын
Mark, This is a awesome video I love this buddy. I want to see a video on what you cancelled lol.. that would be cool. I have about 25 cards ranging from store cards to major cards. No Amex, chase, B of A, pnc. All are from cap one, us bank, Wells Fargo, some are secured cards some earn cashback. I do plan on getting rid of ones that have no rewards. I love cards to be honest. Can't wait to get the better big boy ones.
@MarkReese 2 жыл бұрын
Right on Jeremy! You're on your way to them big boy cards; keep at it! 👊
@ronaldorr9567 2 жыл бұрын
Great video. Having 11 current cards, I tend to only apply if I know I will get a high CL that pads my utilization or is a SP CLI.
@MarkReese 2 жыл бұрын
Nice strategy! 💯
@Mr.Everything 2 жыл бұрын
I just got approved for my 8th credit card today. It’s always good to know when I’m researching applying for a new card there’s a good chance you’ve already done a video on it. When I grow up I wanna be just like Mark!
@MarkReese 2 жыл бұрын
Congrats Mr Everything, that's awesome! 🥇💯 Enjoy Card #8!
@floridajames04 2 жыл бұрын
Don't go online and brag that you have your 8th debt card... it's ridiculous.. what a stupid flex.
@Mr.Everything 2 жыл бұрын
@@floridajames04 Why did you even click on this video then?
@floridajames04 2 жыл бұрын
@@Mr.Everything oh I'm so sorry, ill let you get back to thinking living in debt is cool or somehow an intelligent choice... my bad 🤣🤣
@Mr.Everything 2 жыл бұрын
@@floridajames04 Nice way to avoid the question, troll. I've never been in debt nor payed a cent of interest in my life. Maybe one day you'll get approved for that Credit One card.
@TheTheboss175 2 жыл бұрын
Wow!! I love this information! I finally subscribed to you now!
@MarkReese 2 жыл бұрын
Thanks so much! 🥇
@b566t3 2 жыл бұрын
That's alot of passwords Shessh 🤪🤪🤣🤣🤣
@MarkReese 2 жыл бұрын
😁🔑🔑🔑
@LukesPointsandMiles 2 жыл бұрын
Holy Smokes, Mark!!! Thank you for making me feel “normal”. Haha. Great video, sir!!
@MarkReese 2 жыл бұрын
Any time! 😂👊
@smartwallet9367 2 жыл бұрын
😎 👍👍 creative intro , great vid .
@smartwallet9367 2 жыл бұрын
I had 25 cc now going down to 10-12 max , 3 with af only .
@MarkReese 2 жыл бұрын
Thank you! 🎬
@MarkReese 2 жыл бұрын
Nice - Narrowing things down can simplify the credit game.
@DCGEMINI202 2 жыл бұрын
The video i been waiting for
@MarkReese 2 жыл бұрын
The day has arrived 👌
@chikipichi5280 2 жыл бұрын
Holy mole I'd only want 12 max. Too much management.
@MarkReese 2 жыл бұрын
12 sounds like a good number to me! 👌
@trainergar6675 2 жыл бұрын
Awesome video, I’m up to 11 cards. Opened up Amex Cash Magnet in January. A local FCU called me up/emailed me I was pre approved for a rewards Visa. Approved me with high limit and soft pull approval. Off to the garden for me.
@MarkReese 2 жыл бұрын
Nice work! Gotta love that soft-pull approval 🏆
@trainergar6675 2 жыл бұрын
@@MarkReese thanks!, I’m going to hold off until the Fall until applying for the Citi Custom Cash when my inquiries fall off
@MarkReese 2 жыл бұрын
@@trainergar6675 - Smart move! 👊
@danielmurphy8218 2 жыл бұрын
Wow, epic video, watched it from start to finish. Question, surely you can claim back the fee’s on tax too with the channel can’t you? That would be the best justification IMO 🤣
@MarkReese 2 жыл бұрын
I'll find out soon enough!
@Anthonyjones-pq4ff 2 жыл бұрын
One card that’s missing is the Black card would love to see the whole story your credit start to finish I know you have good credit 800
@MarkReese 2 жыл бұрын
Black Card = someday! 💯
@erickledesma9289 2 жыл бұрын
Best video I watched in a very long time,👍
@MarkReese 2 жыл бұрын
Thanks Erick! 🎉
@floydcollie4338 2 жыл бұрын
Requesting Unabridged Credit Card History!
@MarkReese 2 жыл бұрын
I'll for sure consider it! 😎👍
@SamSung-jv3jm 2 жыл бұрын
Holy crap that's a lot of cards! Ive got a lot of low limit cards that have annual fees but Im slowly getting better cards to replace them with as time goes on. I currently pay about $800 in annual fees for $23,000 in total available credit which is almost the same percentage as someone who pays $6000 for $300,000 in total available credit. You however, get a lot of rewards for your money where as I only have 5 rewards cards and they arent that great.
@MarkReese 2 жыл бұрын
Well done, Sam! As you saw in the video, the credit game takes places over years. Keep at it, and congrats on getting those 5 rewards cards! 😃💳
@SamSung-jv3jm Жыл бұрын
Wow...I actually grew my total available credit to $45,650 since my first comment on this video. But still only pay $800 in annual fees. Man Ive come a long way this year!
@JamesTodd1335 2 жыл бұрын
Awesome video Mark! Appreciate you sitting down and going through each and every one in detail and the story behind them. It was very informative and you've been such a good guidance in my own credit card journey! But one thing I will ask, and it's the reason I don't get annual fee cards is this; if you didn't get the credit cards for the bonus/credits they give you from the annual fee, would you still actually do said activities? For example, if your card gives you $500 back a year in hotel credits, but you didn't have the card, would you still go to the hotel? If not, then aren't you essentially still paying for it? Unless it's for work or something, I don't really understand why people do things like this.
@MarkReese 2 жыл бұрын
Yep, I'd still take 4-6 trips per year even if I had 0 credit cards ✈️ So paying a $450 annual fee for that Marriott Bonvoy Brilliant card makes sense for me. Since having it, I've gotten around $700+ of value each year even without the first-year welcome bonus. So you can think of annual fee cards like getting a discount on things you'd normally pay for. That's why buying things in bulk at Costco / Sam's Club / BJs can make sense vs. buying things individually or in small quantities.
@DL-1 Жыл бұрын
Have you done a video on strategies and cards to use to get 5% cash back? I spend a lot at Walmart and gas stations.
@MarkReese Жыл бұрын
I did back in 2021, here's the link: kzfaq.info/get/bejne/bJlmiaeq1K3XnYE.html For Walmart, you'll likely want to look into the Walmart Capital One Credit Card. For gas, you'll likely want to look into the Citi Custom Cash & use it only for gas.
@electroduval831 2 жыл бұрын
With the velocity that you open cards, this video is gonna be outdated by the end of the month.
@MarkReese 2 жыл бұрын
😂👍
@lienecarter6411 2 жыл бұрын
Full story please. Helpful to know what you closed and reopened too
@MarkReese 2 жыл бұрын
Thanks Liene, I'll consider it!
@marvinmarshalljr 2 жыл бұрын
Can fit in a wallet but those is dangerous to pull out at once.
@MarkReese 2 жыл бұрын
Haha indeed 😂
@shawndoe6843 2 жыл бұрын
Wow 🤩 I love the looks of the cards 💳 spread across the pool table it’s like an adult candy 🍭 store that’s not enough cards tho there’s way more you need to get 😅 bro where’s BMO Harris cash rewards cards there not inquiry or new account sensitive , No Truist cards , Union Bank cards , Hm Bradley , no credit Union cards Penfed , Navy , SECU , & many more We don’t care how long the videos are Keep the film 🎥 running Buddy we want to see them all
@MarkReese 2 жыл бұрын
Glad ya enjoyed it, Shawn! Now that I'm below 5/24, my focus is Chase 👊 After that I could go wild with them other banks 😁
@shawndoe6843 2 жыл бұрын
@@MarkReese 😂 I’m going to hold you to that
@kokilagunasinghe2186 2 жыл бұрын
I would love to see a full timeline! I’m currently just starting my credit card journey with the Discover It, AA Barclays Red, and Amazon Prime Visa Rewards. I’d be interested to see your journey!
@MarkReese 2 жыл бұрын
Thanks Kokila, I'll consider it! Congrats on starting your journey - and for choosing some great cards, too! Well done 🥇
@docsays 2 жыл бұрын
And here i was thinking i was doing something with 15 cards 🤣
@MarkReese 2 жыл бұрын
You are! 👊
@ColoringKaria 2 жыл бұрын
well now i dont feel so bad for 2 golds and 2 platinums!
@MarkReese 2 жыл бұрын
Haha glad to relieve the emotions 😂
@trainergar6675 Жыл бұрын
Please do a 2023 collection episode
@MarkReese Жыл бұрын
Thanks for the suggestion!
@gilbertnicholas1582 2 жыл бұрын
This is nuts You must be all over the place to use all of these cards...I have 8 cards and $1240 in annual fees right now and I'm gonna have to really think about keeping my Plat at the end of the year when my af is gonna go up to $695
@MarkReese 2 жыл бұрын
Nah...I only use 3-6 on a regular basis...pretty simple 👌
@Alex-B2357 Жыл бұрын
Wow you’re a legitimate card enthusiast not a just KZfaqr slotting into a lucrative niche
@MarkReese Жыл бұрын
Haha yep. A big reason why I can give in-depth reviews on certain cards is because I have them myself 😃👍
@EmilGabrielNYC 2 жыл бұрын
Can you share which credit card companies allow for product change or upgrade downgrades or merging! I can’t keep on getting credit cards… need to take a break and merge some of them! Thank you!
@MarkReese 2 жыл бұрын
Hi Emil - I do not have a list of which banks do vs. do not allow this. That said, product changes with many of the major issuers are possible: Chase, Amex, Citi, Capital One, Bank of America, and others. If you have cards you want to change, simply call the bank to see what your options are.
@Xtremeproducts 2 жыл бұрын
The Chase Slate/Unlimited is upgraded to CFF
@MarkReese 2 жыл бұрын
Meaning you just completed a product change?
@Xtremeproducts 2 жыл бұрын
@@MarkReese I had the slate and the upgraded it to the Freedom Unlimited after the Slate got discontinued
@MarkReese 2 жыл бұрын
@@Xtremeproducts - Nice move 👊
@Xtremeproducts 2 жыл бұрын
@@MarkReese yes sir
@user-gv8tj2ff7h 2 жыл бұрын
ขอขอบคุณครับสำหรับเรื่องดีๆครับผม
@MarkReese 2 жыл бұрын
ด้วยความยินดี!
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