Get $200 after spending $1000 firs 3 months on Amex Blue Cash Everyday:
Everybody this is beat the bush today i’m going to show you how to get 5% cash back off of basically everything that you can buy now you probably know a lot of credit cards already have 5% cash back in various categories and they rotate around now the trick is to get a whole bunch of these cards and kind of mix and match them carrying them around and use them
At the right time and in the right category today i’m going to show you my wallet and all the cards i carry in order to get the maximum cash back in all the categories in the comment section some people have voiced concerns that using credit cards is not their thing yes it’s true if you are prone to running up your credit card and stuff this might not be for you
Because there might be too much temptation to have a bunch of credit cards and you can just you know swipe anything you want and essentially buy on credit well the the mentality to have for this is that you should not use it unless you have the cash to pay for and this is what i do and i actually don’t have any kind of credit card debt on all these cards i’m going
To show you and i just use them for the cash back so this is my wallet just a bunch of cash in here the card here is a bank of america cash rewards card if you spend five hundred dollars within 90 days you get $100 statement credit so it’s kind of like a gift card afterwards you see i have a california driver’s license here and then i have a target card you get
5% off of target i go there quite often and some debit card that i hardly ever use so i have here a salamy rewards card you get 5% cash back on gas and groceries you can no longer get this card unfortunately here i have a key u.s. bank cash plus card you can choose the categories at which you get your rewards and for this one i chose department stores and fast
Food because it does not overlap with my gas and groceries card here and so i have something to get 5% off of something else here is my fallback my fidelity investment rewards card you get 2% cash back on this card on everything so if it’s in a category not gas in groceries or department store i’ll end up using this fidelity one the last one here is a chase ink
Business card and you get 3% on restaurant gas office supply hardware store or home improvement you can no longer get 3% off of all those categories right now but there’s something a little similar for the ink card right now so all these categories is kind of hard to remember so i’ve made a little cheat sheet right here and i’ve seen other people do this before
As well over here you see salameh gas and groceries 5% up to $250 for each category usbank hair department store in fast food 5% restaurant 2% and kind of put box and square boxes around the ones that i’m supposed to use and then the us bank has rotating category so this is valid from april to june and i also have a freedom here which i’m not currently carrying
That has currently has groceries for 5 percent capital wha fidelity citibank i will rotate a citibank double reward card into the fidelity cart later on and then you see here inc restaurant gas office supply hardware store home improvement you get 3% off of that so some notable mentions i’ll likely rotate input into my wallet soon this is a walmart car you get 3%
Off of everything you buy on walmart this is a city double cash back card it’s actually a visa so it gets accepted a bit more than the american express here this fidelity investment rewards is of an american express both are two percents so i’m actually phasing this one out and using the city double cashback 2% and also to mention is that chase freedom and discover
It has great categories sometimes they have good categories i would like to use in the coming year of 2016 so the circled ones are the ones i have in my wallet right now the bank of america cash rewards spend 500 get $100 credit within 90 days the salome one is really good i started because you no longer get that anymore but you get by percent guessing groceries
The target one is great to carry around because you get 5% off not cash back it’s actually a reduction in what you pay immediately on the target card so i just recently got a walmart car which you get three percent cash back in the form of statement credit i don’t carry that around yet because my volume by buying stuff at walmart is pretty low and whenever i buy
Something there it’s a it’s not that expensive so i rather not carry another car because i have plenty of cars i’m carrying around already i might hold that in the future though the us bank it’s great for because it allows you to pick your categories so you can pick the different categories and you already have in your wallet so i have i chose department store and
Fast food because then if anything that i buy falls in those categories i can get my 5% cash back is actually a category you choose per quarter so i just end up choosing those categories every single time so that it doesn’t change all the time these ones are all year long and then i hold a fidelity investment reports currently and i get 2% cash back of everything
It’s an amex card so it’s not as convenient to carry and sometimes i got rejected on using this so i’ve switched it to a citibank double cash visa card but i’m going to be phasing this out and just kind of like use up all the rewards that’s in there just kind of build it up so that i have enough so that i can cash it out and then i’ll switch over to the city double
Cashback i also carry chase inc card here that gets you a restaurant gas office supply hardware store home improvement the other cards i’m thinking of rotating in is also the chase freedom and the discover it they have rotating categories usually i’ve seen it stay about the same for chase freedom for each quarter of 2016 the first quarter is gas second quarter is
Groceries third quarters restaurants fourth quarters amazon and then you have discover it for 2016 first quarter gas movies and restaurants and then you got hardware and amazon for the third quarter and then shopping which is and specify as of today so what looks good here to me with all the other cards is that is the restaurant part us bank used to do a restaurant
For five percent but they no longer do that so there’s a hole here in in this cashback scheme because you can no longer get five percent cashback on restaurants these days so these rotating category things would fit fill in the five percent it’s currently april so we’re in this kind of glory right now and i’ll put in restaurant in there and use it for restaurants
And then carry this freedom afterwards as i show you i can’t remember all of this i kind of remember this one because i always use this for gassing groceries but all the other ones especially when i’m kinda at the checkouts and i just forget so then i give myself this little cheat sheet and then i highlight all the categories that i’m supposed to spend that and
So if i’m buying something i go okay where i am i i’m at the grocery store i look at those few groceries and then i look at the card they’re almost like selling me okay let me pull that one out or like if i happen to be at a home-improvement store like home depot or something i look it up and is this home depot here okay let me do that and you know this is just
A reference sheet for me to quickly find out which credit card to use you didn’t actually have to update this sheet every single order before because i made it so that it’s all year round for everything but then these days you just have to get used to it because you get the best cash back in the category so i end up having to update this little cheat sheet every
Single quarter so i hope this is a good overview of all the credit cards and if you just kind of aggregate all the credit cards that you can get on the market right now it can essentially get you five percent off of everything practically everything don’t forget to give me a like on this video and let me know what your credit card lineup is in the comment section
And don’t forget to subscribe to my channel thanks for watching
Transcribed from video
5% Cash Back On Everything | BeatTheBush By BeatTheBush
