Why Amex Credit Cards Are NOT For You (w/ RJ Financial)

💳 Top Credit Cards: https://spencerjohnsoncards.com/bonuses 📩 Free Newsletter: https://spencerjohnsoncards.com/newsl... Click ‘show more’ to see ad disclosure — Hey guys, in this video I have a conversation with RJ Financial, a fellow credit card/personal finance YouTuber. Not only do we talk about the power of cash-back credit cards and why Amex credit cards are overrated (for some people), but we also discuss the importance of getting credit cards that fit your overall strategy/goals, what cash-back credit cards you should consider adding to your setup, and much more! This is the fourth episode in my Creator Conversations series where I talk with some of the most influential creators in the credit card/personal finance niche so we can all get to know them better outside of our regular topics of discussion. We all have many different passions that we don't get to talk about on our channels much, so I wanted to give everyone a place to talk about those things through this series. I hope you enjoy it! RJ's Accounts: YouTube: ‪@RJFinancial‬ Second Channel: ‪@RunonTheBank‬ Website: https://www.profitablecontent.com — 💳 Capital One Savor Rewards: https://spencerjohnsoncards.com/savor... 💳 Chase Freedom Cards: https://spencerjohnsoncards.com/freedom 💳 Amex Cards: https://spencerjohnsoncards.com/amex 📝 Note: My Amex link will direct you to my Instagram where you can DM me and I'll send you the highest offer available. 📊 Card Management Spreadsheet: https://spencerjohnsonofficial.com/cr... 💵 Top Savings Accounts: https://spencerjohnsoncards.com/hysa 🛠 Tools I Use: https://spencerjohnsoncards.com/tools ☎️ 1-on-1 Call: https://spencerjohnsoncards.com/consu... 💬 Discord Community: https://spencerjohnsoncards.com/discord 📚 Chapters: 00:38 RJ Financial’s Introduction 02:53 Why RJ Is On Team Cash Back 03:16 RJ’s Past Travel Experiences 03:52 RJ’s Travel Philosophy 03:53 How Much Money Can We Take From Banks? 04:31 Differing Views on Travel Credit Cards 06:16 RJ’s Start to the Credit Card Game 07:12 The Tangible Value of Cash Back 08:49 What Makes RJ Financial Unique 10:15 The Beauty of Cash Back Credit Card Setups 11:17 Top Cash Back Credit Cards 12:47 #1 Catch-All Credit Card 13:35 Best Cash Back Credit Card Setups 14:09 Are Wells Fargo Cards Actually Good? 15:32 Our Opinions on Wells Fargo 17:05 RJ Financial’s Top 3 Cash Back Credit Cards 18:47 The Gift Card Trick 20:17 How to Get Multiple Chase Freedom Cards at Once 21:54 When Does Chase Start Denying Your Product Changes? 23:01 Why RJ Financial Doesn’t Like Amex Cards 24:48 RJ’s Thoughts on Amex Cards 26:51 Why Amex Cards May Be Wrong For You 27:25 Why You Should Get Every Amex Card 27:54 How Amex’s Marketing Works On Us 29:04 Using the Charles Schwab Amex Platinum for Cash Back 30:10 Cashing Out Amex Points With Their Checking Account 30:46 Using the Amex Travel Portal 31:14 How RJ Incorporates Amex Cards in His Life 32:01 How the Amex Platinum Card Tricks Us 33:13 Why RJ Financial Hates the Amex Green Card 34:42 The Problem With Amex’s Monthly Credits 35:58 Why Amex Welcome Offers Are So High 36:52 Who Are Amex Cards Really For? 39:57 Lounge Access Discussion 40:37 Final Thoughts on Amex 41:24 How RJ Got Into Bank Account Bonus Hunting 42:48 What Is Bank Account Bonus Hunting? 43:51 How Much Money RJ Has Made From Bank Account Bonuses 44:16 How to Win the Bank Account Bonus Hunting Game 44:55 Bank Account Bonuses vs. Credit Card Welcome Offers 45:22 How Many Bank Accounts RJ Applied for in 2022 46:25 Why You Can Apply for So Many Bank Accounts 49:01 Why RJ Loves the Bank Account Bonus Game 51:24 How to Manage Bank Account Bonuses 52:02 Why Hunt Welcome Bonuses? 52:51 RJ Chooses Between Bank Account and Credit Card Bonuses 54:06 The Risk of Bank Account Bonus Hunting 54:47 Bank Account Bonus Return on “Spend” 56:08 Passive Bonus Hunting 57:24 RJ Financial’s New Website 58:42 Channel Memberships 59:31 Bridging the Content Creation Gap 1:01:23 RJ’s Plans for His Business in 2023 1:04:51 What I’ve Learned From RJ’s Content 1:05:53 RJ’s Final Thoughts — Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies with which YourBestCreditCards earns an affiliate commission or referral bonus. YourBestCreditCards is part of an affiliate sales network and receives compensation for sending traffic to partner sites. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. #rjfinancial #cashbackcreditcards #creatorconversations