So I've looked at a ton of different credit cards out there and overall i
feel like i found a few that are definitely worth looking at so i'm going to be going
over those three credit cards specifically we're going to be going over their perks
their rewards and also some of the things i don't like about them as well but overall i think these
are very good credit cards to consider especially if you're in the market and you're looking for
a new one and i also want to mention that the information is accurate as of the posting date
but obviously in the future different things can happen with different credit cards so for
instance the rewards the apr maybe the bonus offer those types of things can change in the
future so just be aware that you do want to do your own research when you're looking for a card
because things might not be exactly the same as what i'm mentioning right now in this video okay
so the first card that made my list goes to the chase freedom unlimited visa and this is a cash
back credit card so in my opinion this is the best type of category out there i really like cash back
and the cool thing about this credit card is it has a zero dollar annual fee so you don't ever
have to worry about having to pay that stupid annual fee and then on top of that you've also
got an intro apr of zero percent on new purchases for the first 15 months so this is a very good
intro offer especially if you're the type of person who carries a balance on your credit card
because for the first 15 months it's gonna be zero percent but just be careful here because
i don't want you racking up a bunch of debt just because they're offering this with the credit card
and the intro offer right now for the freedom unlimited is that you're going to get an
additional 1.5 percent cash back on everything you buy in every category on up to the first 20 000
spent in the first year so it's worth up to 300 cashback if you maxed out that 20 000 limit
and after your first year or 20 000 spent the reward categories will resume at their normal
rates which i'll mention next now as far as the cashback rewards go the categories are very simple
and i'm just going to start with the highest one here which happens to be five percent cashback
on all travel purchases but the travel purchases have to be made through the chase ultimate rewards
program so obviously if you are going to be going somewhere check chase ultimate rewards first
because if you can find a very good value inside there then you can also get five percent cash
back so it's a win-win if that price is going to be competitive enough so just keep in mind
five percent cash back on travel but it has to be through the ultimate rewards program you'll also
get three percent back on dining restaurants and then any delivery service as well so if you like
to eat out a lot then three percent is extremely competitive especially when there's not an annual
fee and then you'll also get three percent cash back on all drugstore purchases as well
and then for everything else that you use the freedom unlimited on you're going to receive
1.5 cash back on everything that doesn't fall into those other specific categories and 1.5 cash back
is extremely competitive because there's a lot of credit cards out there that still just offer 1
so 1.5 percent is a big deal especially if you spend a lot of money every year on your specific
credit card so overall when you look at all the different rewards categories including the one
and a half percent cash back the chase freedom unlimited is a very good credit card to consider
and then also keep in mind that your points are never going to expire as long as your accounts
opened and then there's also not a minimum that you have to redeem so for instance if you wanted
to redeem a dollar you can do that with the chase freedom unlimited now one of the only
cons that i found with this card is that they do charge a foreign transaction fee of three percent
so just keep in mind if you did leave the united states and you spent five thousand dollars
then you'd have to spend an extra 150 on the foreign transaction fee so if you do leave the
country quite a bit maybe this isn't the card for you because if you are spending a lot of
money overseas then you don't want to be paying a foreign transaction fee and this card does have
one of those now if you happen to be in the market for a new credit card i do have an affiliate link
to creditcards.com in the description below so definitely check them out if you have an interest
because they have a wide variety of very good credit cards in different categories that you
can sift through so for instance if you just want to look at hotel cards maybe cash back travel you
can sift through all the different credit cards in those categories and then you can decide for
yourself which one is going to be best for you so definitely check out creditcards.com if you have
an interest now the next credit card on my list goes to the chase marriott bonvoy boundless visa
and that's kind of a tongue twister it does happen to be another chase card but this is a very good
card in the hotel category because basically you earn points that you can redeem towards free stays
at all of the participating hotels and that is a very good thing in my opinion if you travel a lot
this card also has a new member offer right now where you can get a hundred thousand bonus points
after you spend three thousand dollars in the first three months after opening the card so
obviously it's not as easy as spending 500 bucks but if you're gonna be spending that
three thousand dollars anyway a hundred thousand bonus points is a ton when you consider that their
free night awards start at just 7 500 points so obviously a hundred thousand bonus points that
could potentially get you quite a few free hotel sticks now i do need to mention that the marriott
bound list does have an annual fee of 95 but the cool thing is is that every year on your account's
anniversary you're going to receive a free night award valued up to 35 000 points so basically in
compensation for the annual fee you get a free night stay so as long as you can use that every
year and make use of it then in my opinion i don't think paying that annual fee is really a bad thing
and then as far as the categories go for reward points you're gonna start with six times points
for every dollar spent at all participating hotels so they say that there's over seven
thousand participating hotels out there so if you are spending money at those hotels
you're gonna get six times the points and then for everything else that you spend money on
there is a flat two times points for every dollar spent on everything else and you should also know
that if you're a marriott bonvoy member you can earn up to an extra 10 times points for every
dollar spent and you can also earn an extra one times point for being a silver elite status which
is just a benefit of having the credit card so potentially you can earn up to 17 times points for
every dollar spent at their participating hotels and by making sure that you're participating in
their membership programs which is pretty dang easy to do and then i also want to mention that
the points are unlimited and they are not going to expire as long as you use the card
every 24 months so every two years you've got to make a purchase on the card in order
for the points not to expire but that should be very easy for most of us and there's also a new
benefit that's been added where you can earn three times points for every dollar spent on
the first six thousand dollars spent in combined purchases each year at grocery stores gas stations
and dining so every single year you can spend up to six thousand dollars and you can earn three x
points because that's a new benefit and that one alone makes this credit card extremely competitive
and then the last thing i want to mention about the marriott boundless is that they do not have
a foreign transaction fee so if you are the type of person that travels a lot outside the united
states and you spend a lot of money on your credit card then this is maybe one that you
would consider because they don't have the foreign transaction fee unlike the freedom unlimited that
i was talking about that does have the three percent foreign transaction fee now the next
credit card that made my list goes to the costco anywhere visa by citibank and this is a very
straightforward cash back card and it is extremely competitive the card does not have an annual fee
but you do have to be a costco member in order to have the credit card so you are looking at
at least paying 60 a year to be a costco member in order to have the credit card but there is no
annual fee so as long as you do spend a lot of money at costco then it really does kind
of compensate for it and then also the costco anywhere visa is not currently offering a new
member bonus or a zero percent intro apr so you're really not going to get any kind of a bonus for
signing up for the specific credit card but as far as the categories go these are huge and this is
what i'm talking about next you're gonna start out with four percent cash back on all gas purchases
including at costco up to the first seven thousand dollars per year and then after that you're going
to get one percent cash back on gasoline purchases so this is huge because unless you're spending
more than seven thousand dollars a year on gasoline you're gonna get four percent back
and i think for most of us we're not even gonna come close to that seven thousand dollar mark so
you're always going to be able to take advantage of that four percent cashback on all gas purchases
and then you're also going to get three percent back on all restaurants and three percent back on
all eligible travel so if you happen to travel a lot and eat out a lot then three percent is huge
in both of those categories because most credit cards are either gonna offer one or the other
not both restaurants and travel you'll also get an extra two percent cash back on all
other costco purchases so if you do happen to shop at costco quite a bit an extra two percent
is definitely worth it and then for every other purchase that you can make that doesn't fall
within those specific categories you're gonna get one percent cash back which is still really good
because you're at least getting something for all the other purchases that you make
and then i also want to mention that the costco anywhere visa does not have a foreign transaction
fee so if this is important to you you don't have to worry about that fee with this card now one of
the only things that i don't like about the card and it's really not that big of a deal
but it's the fact that every year in the month of february you're going to receive a physical coupon
in the mail and you have to take that coupon into costco and redeem it for your cash back
and that is the only time of year that you can redeem your cash back so if you're the type of
person that likes to accumulate a bunch of points and then just use them whenever you feel like it
you can't do that with this card you can only redeem them once a year and it happens to be
in february so if that's not a big deal for you then go ahead and get this card but if that is
something that bothers you as of now that's still the way that they do it and once again
if you just found this channel i'm jason with honest finance and i make a lot of videos on
different topics that'll give your life and your finances more value so feel free to subscribe
if you're into that type of content but thanks for watching have a great day