The 7 Best Credit Cards of 2024 (By Salary)

Apple credit is the best because it’s 1% cash back that automatically gets transferred to your high yield of 4.5% everyday. If you don’t travel a lot, you shouldn’t chase after those rewards.

Thanks for sharing your knowledge!

I make roughly $55k pretax, and I prefer to stick with CitiBank Premier, Custom Cash, and Double Cash over Chase's trifecta. Citi's is just more justifiable for my spending.

I messed up by getting the platinum AND the sapphire preferred. So now I try to balance all the perks. Wish I could combine their points.

Does all your advices apply for Europe too? Thanks !

Venture X's Hertz status is going away tho :(

i felt poor watching this lol but its good content and informative

Yeah i was between SR and SP, SR is really only Travel and if your more of normal Joe like me SP splits the difference better between travel and everyday. This is better if you already have Chase unlimited freedom, aside from 1.5% on everything the other points have become unbeatable,
SR will get you similar travel perks + 1.25 point conversion and 3× streaming and 2x on travel ( paying for parking counts too)

Amex platinum centurion lounge asked us for $50? or so payment for the guest to enter the lounge which was such a mood killer :/

Only spend what you can pay off in full

Capital One SavorOne card was left out 🙂

My way to spend those money and get the sign on bonus is to prepay utilities. Now I don’t have to pay my gas/electricity/gas for another year or so 😂

Damn, I really like my Gold AMEX … for some reason I’m not seeing the polarizing benefits for the platinum versus the gold … your recommendation makes sense but I’ll stick with he gold for now although your salary matrix puts me at platinum; Awesome video as always.

How about getting a regular credit card with no fee and some cash back and not spend on unnecessary things for the sake of trying to earn back the credit card annual fee?

I'm not sure this list is so much for different salaries, but for how much you spend on travel, restaurants, and stupid BS. My spouse and I make well over 150k but wouldn't see a ton of value from these higher end cards. We got $2400 back on just a straight cash back credit card thru my credit union last year.

The business international flight cost through Amex play saved me $10k for one trip for four people. As you mentioned the clear plus and Uber and entertainment credits pay for the annual fee.

Grouping credit cards into salary buckets doesn’t quite make sense. Realistically, this is just a group of cards if you travel vs ones if you don’t. I’m in your upper salary tier but I enjoy the heck out of my Citi DoubleCash card.

I think the Amex Hilton is pretty good as well. It got nerfed for airline credit per quarter recently tho 😢

Do you have a Canadian version of this video?
Thanks :)

Salary is a poor metric to use, there’s plenty of cases where one can have access to these cards far below what salary you’re placing them in. A better metric would be credit worthiness/experience. High annual fees are a big commitment to someone new to credit, and it’d be far more optimal to learn to use credit without a yearly fee attached or its use, rather than assigning a salary metric that doesn’t say anything about your experience using credit.

Dont get credit cards.. America is a debt driven society and only wants to keep everyone poor.

Sounds like Chase Freedom and City Double Cash are the best for all earners including the multi-millionaires. All other cards basically says "Hey, spend all your money like a fool so you can get generous cash backs." I will look into City Double Cash.

I bought my wife's engagement ring with my gold card to get the welcome bonus

I don't think I would ever get the amex gold or platinum for that matter. Just not enough benefits that I would be able to use without going out of my way to spend for them. amex blue cash preferred and citi double cash is where its at for me.

I sure wish I had seen this video before I renewed my TSA precheck 3 days ago 🙃

I’m surprised you didn’t put the Bilt rewards card because it’s free and most people in that bracket are going to be renters

Of all these cards I prefer the double cashback card. I just want my cashback without playing a bunch of games.

I feel like my favorite perk of the AMEX gold is never mentioned in any of these videos.... you can have an additional card member added at no additional cost! This is great for a couple combining finances or if you want to provide a card to an adult child. It prevents fragmenting points on separate accounts and allows for easy management.

Instead of ranking income brackets, it's more about the amount of travel one does. Someone can be a high earner but if they only travel a couple times per year, many of these cards are not worth it.

Annual fees are not worth it. Don’t fall under the trap

Getting back “free money” is a scam. Unless your a cheap ass who saves saves saves and counts every penny, then yes get a credit card because if your that cheap then you won’t be spending or swiping the card.
My advice. Do NOT get a credit card to use everyday. Only get one to have for emergencies only.

I’m a dividend investor, My wife and I have invested in the S&P500, both through my TSP with the government, and through fidelity in her 401-k. Cashed out 270k from the S&P and invested with a Financial adviser, Monica Mary Strigle and we also bought Solana at the right time. Until around 3 years ago we were 100% in the s&p after over 30 years. I’m retiring at the end of this month at 62, while my wife will retire next year at 60.

lol, Chase Sapphire is a scam. when you use your points on the chase travel portal, compare the price and you will see they jack up their prices always!!!

Helpful video, thanks for sharing. Quick note - your timestamp for Chase Sapphire Reserve says Preferred instead.

Good video until you got to the gold card.

When i got my Sapphire preferred, i signed up at the chase branch. Doing that they gave me the offer of an extra 10,000 points (in addition to the 60,000) if i spent an extra $2000 in 2 months (after the first 3 for 4k)

I easily hit that since i went to Europe for 2.5 weeks after getting the card lol

Who in the world is traveling so much via plane to justify it?? Most people are good w a Citi 2% cash back but should focus on just debit cards and investing in the S&P to avoid debt and earning

Let’s talk about how chase travel portal is hoooooorrrrilble.

For anyone watching this, just remember that credit cards is about your income to debt ratio & your overall profile (and thats how the banks actually judge you) Coming from someone who makes 6 figures. Its not exclusively about your salary, If person A has great credit, making 40k a year little to no debt it would make more sense & he would be more eligible for a premium card then someone making 250k a year with student loan debt, credit card debt, car debt, high rent debt. Kids in boarding school, so on. Meaning it’s about ure debt to income ratio & overall credit profile, This example can work both ways. It has very little to do with straight salary. Just a heads up......

I used to always avoid the monthly fee cards until I got the AMEX Gold which became really eye opening for me! Just make sure you do not carry a balance EVER.

Hi Andrew. Is the cash back on these cards considered income for tax purposes?

Great video. One thing to note is, booking hotels through chase or Amex portals are bit expensive than Priceline or Hotwire. We lose a considerable amount of money there. Being a user of sapphire preferred, I stopped using their portal except for that $50 credit. I find cash back cards that you mentioned for first tier is much more profitable.

it really is a "Glorified Coupon Book". BTW you dont get the full amounts, you have to make sepearate purchases each time to get the full amount. (eg. you have order from Uber Eats 10 separate times to get the $10. credit on each.) and so on and so on...... LMFAO...

Wish I discovered this info a few years ago, got myself into a ton of debt because I didn’t know and wasn’t wise enough to research something I wasn’t knowledgeable on

Really informative video! Thanks

You guys are extremely lucky. My American Express Platinum carries an annual fee of $1200.😢