What's in my wallet is a monthly series that explains the reasoning behind each card in my wallet. The cards change depending on if I need to hit minimum spend on a new card or if I want to maximize cash back categories for the quarter.
The 5% cash back category during Q3 for the Chase Freedom is restaurants. I just finished maxing out my category spend with the Discover It card, so the Chase Freedom is going to be my default card whenever I dine out. Learn more about the Chase Freedom Q3 categories in the video below:
American Express Platinum
I recently canceled my Amex Business Platinum card and replaced it with a personal Amex Platinum card. This month, I'm working on hitting $5,000 minimum spend requirement to earn the 60,000 point bonus.
Watch the video below to learn more about why I canceled my Amex Business Platinum card:
I missed out on getting the personal version of the Chase Marriott card because I was over the Chase 5/24 rule. As a result, I applied for the business version to earn the 80,000 point signup bonus and free anniversary night. The Marriott card is a keeper in my books.
The Marriott business card is the only business card that's not affected by the Chase 5/24.
The Cathay Pacific card is another new addition to my wallet. I signed up for the card because I want to experience a first-class international flight with Cathay Pacific. With the increased signup offer, this makes the goal more attainable.
Watch the video below to learn more about the increased Cathay Pacific offer:
What's in your wallet this month?
The cards in my wallet rotate each month depending on if I’m optimizing a 5% category, adding a new credit card, or specific upcoming purchases. For August, I have a few trips and purchasing new electronics.
Apple and Goldman Sachs partnered to launch the new Apple Card. The Apple Card is made out of titanium, and earn 2% cash back on purchases via Apple Pay. Who should get the Apple Card and who should avoid it?
The Federal Reserve met earlier this month and reduced the Federal Funds rate by 0.25%. Reducing the rates resulted in a decrease of APY for high-yield savings and checking accounts across the board. Compare high-yield saving account rates.
Amex deals can be found after logging into your American Express online account. Scroll down to find targeted offers. To redeem an offer, be sure to click “Add to Card” before making the purchase.
The Chase IHG Rewards Club Premier card has a 80,000 point signup bonus and gives you a free anniversary night. Here's our review.
For a limited time, select American Express co-branded credit cards have increased offers for August.
The American Express cash back trifecta is a combination of cards that compliment each other’s point multipliers.
Best and worst Chase business credit cards. Business credit cards can be a great way to earn additional points on purchases you’re already making. Depending on the credit card, spend multipliers can include social ad spend, gas stations, restaurants, and office supply stores.
July Recap: Citi Removes Benefits, Changes to Amex Airline Credit, Equifax Settlement, and Capital One Data Breach
Plastiq is a service that lets you pay virtually any bill with a credit card. There is a 2.5% flat fee for all transactions, and there are a few payment type restrictions for each various credit card issuers.