Thanks Spencer!! Yes, you may have to get this card, especially if you start to rent! Definitely don't want to leave any points on the table!

Thanks so much Josh! Yeah, it was kind of a unique situation so I decided to go for it!! No problem at all! Love to give credit where credit is due. Thanks for all the support, and I’m looking forward to your next video!

❤ how much income did u put down? And rent?

I put down my total household income, and my current rent at that time!

THANK YOU Danneee BOY!! Happy to be here! 😁😁😁

@@TheCreditFrog - Dude, u better do an unboxing once u get it. For no af, they make it feel fancy :) u’ll see.

@ImStillStealingSteel Haha, oh you know I will!

@@TheCreditFrog - Ur gonna be right on time for Rent Day :) U’ll love it. The games and puzzle they have to get more points :) U’ll see. Proud of u :)

Thanks Matt! Yes, this approval was a long time coming! I wished I didn't have to do so much of a process, but it's just the way things have worked out recently! Also, I guess it makes these WMAs a little more entertaining and less straightforward, haha! Very happy that I have a Bilt card to get those 1X rent points!

Thanks Jake! Context definitely matters when it comes to these applications, but certainly could've been switched depending on what was most important in your situation! Happy you could get your learn on - that's my goal with these videos!

Haha, Ok CJ you can have this medal for being "first," Here you go:🏅! Yup, definitely ended up in a pending status, but I'm happy it all worked out, and I'm pretty happy with the CL too. Appreciate it!!

Thanks Uncle Luke! Haha, I try!

Thanks!

Thanks JP! It sure does. I’m really glad it worked out because it definitely could have been the other way around!

Thank YOU Jimmy James!! 👍👍

Thanks Sledge! Oh, that’s great to know that they pull from a lot of different bureaus. In my area, it’s mostly Experian so it surprised me that it pulled TU! It’s a great card to have so I’m happy I got it in the end!

Thanks Ninja! Yeah, I was super surprised TU was pulled because, at least for me, almost all of the credit card action I get is on Experian. Worked out though, haha!

Thanks so much Nkosi! Haha, yes, I try to make my WMAs as immersive as possible so you're on the edge of your seat! Yeah, if you go for the USB AR, there's definitely a significant gardening period, but with business credit cards (especially the Inks and the Amex cards) you can still get some nice SUBs while growing your vegetables 🥕🤣

Thanks Steve! Yeah, Spencer is a good friend of mine, and I really admire how he does his videos! I think gardening is a good thing in your situation, since it sounds like you're just like me when it comes to hard pulls and trying to be as conservative as possible with them. One of my fears as well is getting a hard pull with nothing to show for it! That happened a lot more when I started my credit card journey, but at this point, with a lot of planning and strategy, I've been able to avoid that situation so far!

Thanks Emmanuel! Pretty excited about it!

Of course, Nafeesa! Thanks for being here, and appreciate your support!

Thanks so much Josh! Yes, I know you love the Bilt card, and I'm happy to join the familiy! Interesting that they pulled EQ for you! Out of all of my credit cards, I've never had one of them pull EQ before so I've never put any importance on that one. Guess any issuer can pull whatever one it wants (except C1 which pulls all 3)!

They pulled Equifax for me too

Definitely JP! Thanks so much! Happy to be a part of the Bilt club!

Nice Leo! Yeah, it's kind of a weird question, but I think it's something that may just be deducted from your total annual income. Like any application, it's just important to be truthful. Glad you never had to question the reason for denial, but I think the rent/mortgage question is one that you can safely ignore as a specific reason, unless you have more rent/mortgage than you can afford!

Oh yes, I absolutely answer all the applications question truthful. I really don’t have either one; Mortgage or Rent (I am not homeless either 😆), … when applying I was concerned that the bank issuer will see this as a 🚩; either a mistake by me during application or me trying to hide something. Since not having either of those payments is very rare (and I am not in jail either 🫢). Anyway, maybe Leo overthink this too much 😊. Anyway, I don’t see my self applying for any card to worry about this question again,…unless Chase comes out with a very premium World of Hyatt card.

Rent or mortgage show your monthly obligations. Soo yes they will be deducted from you income. If you split the rent/mortgage you just enter your responsibility. CapitalONE even mentions in their terms that you need to have a certain amount of income above your rent/mortgage in order to be eligible for their cards.

Thanks Andy! Yeah, I always expect Experian since that is the bureau that is the most commonly pulled for me. I didn't realize you were a bank teller! Very cool. It honestly shocked me that they weren't that busy! Typically, there's a line out the door, so not sure if WF is doing something right or something wrong 🤔

Thanks Justine! Yeah, the Mega Backdoor Roth is a great strategy to get a lot more dollars into your Roth IRA! The only issue is that not all 401k/403b plans offer it because it requires additional options such as in-service distributions. If you're custodian has all of the options, mega backdoor Roths can be very powerful to supercharge your Roth dollars!

Thanks Ivan! Yeah, that sounds like the better strategy for you. If I didn't rent, I probably wouldn't hold the Bilt card tbh, but since I get all these points for spend I would be doing anyways, it makes it well worth it - and with no annual fee! Great strat - Amex Business Gold for dining with CFU backup!

Thanks so much! Let's goooo 🔥🔥🔥🔥

Haha, you know me so well. Coming soon!

Of course! Glad you enjoyed it!

It’s true! There’s more to just a credit score when it comes to an application! Congrats on the easy approval 🎉!

Thank you! Yes, that's definitely a video I'm considering doing. I did one of those about a year ago, but it definitely needs to be updated!

Thank you!

I don’t think Bilt and WF are that strict, but of course, it would help if you can!

@@TheCreditFrog yeah for the BILT card I was auto approved last year. Thanks I should have clarified I was talking about US bank.

@jeffreyplatt7703 oh I see! Yeah us bank is more strict and having 0-1/6mo is preferable

Yeah, I think if you want to avoid that outcome, it may be helpful to open a checking account with them. That way, they already know who you are, and that you're a real person.

🎉🎉💯

I would wait a few days before calling. It usually takes a day or two for a decision to be emailed to you!

Thanks for the DP! Yeah, even here in California on the West Coast, mostly every pull is on Experian. I think the WF checking is a step in the right direction, but I'm sure you're making moves to get that credit score to be higher!

@@TheCreditFrogI live in California and they pulled my Equifax report

Good to know! I guess it's more random than I realized, or maybe location within CA matters as well!

Not sure if there's an easy answer to this! The best way is to have the highest credit score you can get, have low credit inquiries/new accounts, and if you were denied recently, maybe starting a relationship with Wells Fargo by getting a checking account or other banking product may be helpful! Usually, you can try again in 30 days.

Hi Miguel! Any reason you want both the Chase Trifecta and the Amex cards too? There’s a lot of overlap between the two issuers. Double that if you go Ink and Amex Business as well.

I feel like I’m very indecisive and I just wanted the best of both worlds

@@miguelherrera9676 I would start with the Chase Trifecta first and see how you like it before you jump into Amex, which have more expensive cards and higher minimum spend requirements on their bonuses. Once you get the Chase Trifecta, you can identify categories that aren’t covered well and select cards based on the multipliers or travel benefits depending on your lifestyle!

Will do, thank you :)

@@TheCreditFrogif I may also ask, why do you prefer Marriott over Hilton? Do you think one would be better for family stays and another for business?

👍

@@TheCreditFrog im sorry man its just first time seeing you this video really helped me💙

Happy to hear that!

💯

I know right? I was like, wtf is this lol!

I had to mail in mine because my ID didn't fax well

@@tendercrispbacon Unfortunate. Yeah, I just took a pic, printed it out, and had that available to fax

@@TheCreditFrog it took 2 weeks and so many calls to the customer service. I was over it at that point.

@@tendercrispbacon Ugh, that's awful! I hope you got the card after all that work!

Just tell him that you love the Classic Gold card and Rose Gold is 🗑️. That will get his gears going 😅

Haha. Such a rebel!! I’m still in a good position! If I play my cards right, I’ll be under by April 2024 so not too long of a wait! I hope Amex doesn’t put me in popup jail, but they’ve been really annoying recently.

Are you already planning a new card for April and tax season?

@@krs1905 I may or may not already have one lined up in my current roadmap! 👀

@@TheCreditFroghello, the new Amex Business Gold Card at 130k MR

Wow life accomplishments here’s your cookie 🍪

Congrats! You are FIRST today 🥇!

Congrats 🎉🎉!!

Thanks César! Yes, I'm pretty happy and my core credit card setup is nearly complete with this!