- Introduction: Why You Should Care About Credit Card Rewards
- How Credit Card Rewards Work (and why 1% cash back sucks)
- How to Pick Which Cards to Apply For (and how often)
- How to Qualify for Business Credit Cards
- Credit Score Myths and Realities
- What’s in My Wallet and How I Track Cards
- How to Meet Your Minimum Spending Requirements
Over the last 10+ years, credit card rewards have earned my wife and I thousands of dollars in free money — in the form of cash, gift cards, and travel — just for buying the stuff we would have bought anyway.
It’s not hard. We just put as much of our spending as possible on credit cards, and strategically sign up for new ones with attractive bonus offers.
And because we pay our balance in full every month, it’s all been at 0% interest.
Some say banks and credit card companies are evil.
I think they’re awesome.
You just have to be smart about how you use them.
In this free course, you'll learn:
Why You Should Care About Credit Card Rewards
How Credit Card Rewards Work (and why 1% cash back isn’t a great deal)
How to Pick Which Cards to Apply For (and how often)
How to Qualify for Business Credit Cards
Credit Score Myths and Realities
What’s in My Wallet and How I Track Cards
Legit Ways to Meet Your Minimum Spending Requirements
You might not think of credit card rewards as a side hustle, but it’s been a profitable hobby of mine for years.
After all, every dollar counts!
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About the instructors
- 4.25 Calificación
- 27896 Estudiantes
- 4 Cursos
Entrepreneur, Author, Chief Side Hustler at SideHustleNation
Nick is an author and online entrepreneur featured on The New York Times, Forbes, Fortune, and speaking at a TEDx event.
His latest role is as Chief Side Hustler at Side Hustle Nation, a growing community of aspiring and part-time entrepreneurs, where he also hosts the top-rated Side Hustle Show podcast.
He's the author of 4 books, including Work Smarter: 350+ Online Resources Today's Top Entrepreneurs Use To Increase Productivity and Achieve Their Goals, which became an Amazon bestseller in 2014.
On the virtual assistant front, Nick has been working with virtual staff since 2005. His free course on how to hire a virtual assistant shares his step-by-step process for sourcing high-quality, long-term hires. Nick also runs the web's leading virtual assistant company directory and review platform, Virtual Assistant Assistant, with more than 100 VA companies and 700 user reviews.
He's helped thousands of readers identify their outsourcing opportunities and take action.
In his own business, he's outsourced:
- Web development
- Graphic design
- Content writing
- Administrative support
- Customer service
- Online marketing
- Database maintenance
- Legal help
- and more
But it's not all rainbows and puppy dogs. Nick's also been on the short end of $10,000+ worth of outsourcing mistakes, and wants to help you avoid the same fate.
After recruiting dozens of virtual team members for himself and for clients, he's learned what separates a strong candidate from a weak one.
Unfortunate. He should have gone through the 'true' percentage cash back equivalent of the top few cards which are worth it. Additionally, he should summarize the few credit cards which are worth it because of the sign-on bonus. I know a lot about credit cards and I just signed up out of curiosity. One major component of credit cards is that you can translate their cash back into percentages and then compare easily. In this way, you'll find that many credit cards simply aren't worth it. For example, if you have Bank of America and over $100k in your bank account, you can just get the Travel Rewards card... You'll earn an equivalent of 2.625% on each purchase. And you could supplement this with the Bank of America Cash Rewards card, which will give you 5.25% cashback on Restaurants or Gas (up to $2.5k in spending per quarter). Additionally, You'll get 3.5% on Groceries (up to $2.5k in spending per quarter counting the spending from the 5.25% category as well) and 1.75% on all other purchases. Similarly, if you don't have that kind of cash, and you only want one card, you can get the Citi 2% cash back card. You can also get the Discover Double card or the Chase Freedom - both cards have 3 categories each quarter where you'll earn 5%. This is a good approach if you're willing to have more than one card. Also, the Uber credit card is worth it if you want to earn 3% cashback on Travel and 3% on dining. Additionally, currently you can also earn 5% on spending in Uber Eats. Similarly, for paid credit cards, the Chase Sapphire Reserve is worth it for some people depending on spending. The perks of the above cards make the majority of other cards worthless 'unless' you are simply after the sign on bonus. The sign up bonus is not something I chase but others do. For people with little credit history, getting credit cards and cancelling can impact your credit score a fair amount. Also, the instructor said that credit card spending can move your score only 3 points which is incorrect. My utilization went for 10% or so to almost 0% recently and it caused a 10-20 point increase in my score. The impact of these factors can vary from person to person.
the teachers seems like he knows his stuff i will have to apply what i learned outside of america but basically it is the same
Learned a few things I did not know, instructor seemed knowledgeable.
not so good not explain in detail
Have to adapt it to UK but essence the same