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Investing in Real Estate with Clayton Morris | Investing for Beginners

689: Credit Card Points vs. Cash Back Rewards - Episode 689

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Investing, How To, News, Education, Business, Business News

4.11.1K Ratings

🗓️ 23 November 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

Should you opt for credit card points or cash back rewards? According to a recent report by creditcards.com, most Americans opt for credit cards with a cash back reward. However, before you quickly sign up for cash back rewards, there are a few things you need to consider.

In this episode, we're discussing American credit card trends, and how you can make the most out of your credit cards. You'll learn how to determine what type of credit card is best for you, and how to maximize its benefits!

Transcript

Click on a timestamp to play from that location

0:00.0

Do not use those cash back rewards credit cards. We'll tell you why that's today's show. Let's dive into it.

0:12.0

Hey everyone, I'm Clayton Morris.

0:14.0

I'm Natalie Morris.

0:15.0

Long time real estate investors.

0:17.0

This is the show where we teach you to build financial intelligence so you can build financial freedom.

0:22.0

We've done that through buy and hold real estate.

0:24.7

We started Morris Invest, which is our investing company,

0:27.3

and we help thousands of people do that as well.

0:29.8

So today's show, we want to talk about those business credit cards.

0:33.6

So there's a new report out from creditcards.com, right?

0:37.0

Right.

0:38.0

That's the first thing I've said since we got started except Natalie Morris.

0:42.0

Right, you are.

0:42.6

Thank you for your contribution to the show.

0:44.9

You're welcome.

0:46.3

So she handles a lot of the credit card back in for us

0:49.2

in our business, but this new report was actually

0:51.7

pretty surprising, maybe not so surprising. And let's put it. but this is

0:55.0

is actually pretty surprising maybe not so surprising and let's put it up on the screen here if you're watching the video version of this this is what the report had to say

0:59.2

so it talked about the different types of credit cards that people prefer and by a landslide

1:05.6

it's cash back rewards. Obviously that sounds like something that's awesome, you're going to spend money,

1:10.8

you're going to get cash back.

...

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