The 7 Best Credit Cards of 2024 (By Salary)

Transfer Partners:

FREE STOCKS:

RESOURCES:

MY SOCIALS:

WHO AM I?
Hello 👋 I’m Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth.

PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

⏱️ Timestamps:
0:00 - Start Here
1:04 - Chase Freedom Unlimited
2:32 - Citi DoubleCash
4:23 - 50-150k+
4:32 - Chase Sapphire Preferred
5:42 - Being Strategic
6:58 - American Express Gold
9:03 - Capital One VentureX
11:35 - 150K Salary+
11:50 - Chase Sapphire Preferred
13:45 - Hyatt Category Transfer
15:04 - American Express Platinum

[mikejnorth]

Let’s talk about how chase travel portal is

[sharedsailing]

Instead of ranking income brackets, it's more about the amount of travel one does. Someone can be a high earner but if they only travel a couple times per year, many of these cards are not worth it.

[dk]

Great vid making a tier of credit cards by salary! You dont see a whole lot of recommendations like this in the credit card youtube space. All of the "top xxx cards you need" videos make recommendations based off of "value you get from the card" and "spending habits" without taking into account a person's financial situation. These kinds of recommendations can be slippery and can unintentionally convince people to spend more than they should on high annual fee cards because of the supposed "value" they get when they really should be saving in their situation (i.e. the college kids I see carrying around Amex Gold's when they make less than 10k a year working part time).

[SteveYoung]

A lot of people ask me about credit card strategy and what they should get and the answer is usually "depends on what you want to do and what you care about."

Some people want luxury travel, some just want free flights/hotels at economy airlines/hotels. Others just want to maximize cash back.

You should do a video about how CC strategy is dependent on individual habits, spending, and goals.

[Sarwaan]

You forgot the concierge ! I literally told them to make a reservation at a restaurant that is at most $200/head, order wine, prepay for corkage, and deliver flowers to the restaurant for valentine day ! Probably one of the most underrated features of the cards.
I also needed pants for a wedding last minute when I was in Japan, and not only did they find pants my size, then also were able to get it delivered all within the hour

[adambialikphotography]

The Chase Sapphire Reserve is my HERO travel card. The $550 annual fee is also offset by a $300 annual travel credit (applicable for anything travel related) so out-of-pocket you're paying $250. I travel Intl often and the Priority Pass membership alone pays for itself ten fold. They also cover collision with car rentals in the US. Excellent travel card.

[Vortrox]

I feel like a lot of these would make me subconsciously want to spend more money than I’d normally spend in order to meet the reward benefits 🤔 I am definitely going to try timing one of them with any potential big purchase I make this year though

[ghgnj]

When i was 23 and single making 50k i discovered the chase trifecta and I reaped the hell out of those points i got going to the bars 2x per week and eating out everyday lol

[PresCEO]

Damn, I really like my Gold AMEX … for some reason I’m not seeing the polarizing benefits for the platinum versus the gold … your recommendation makes sense but I’ll stick with he gold for now although your salary matrix puts me at platinum; Awesome video as always.

[brigibb]

U.S. Bank’s shopper rewards card gets you 6% at grocery stores (on up to $1500 in purchases/quarter) and 3% at gas (on up to $1500 in purchases/quarter). Annual fee of $95 but I easily hit the limits so I’ll be netting over $400/year. Plus - it’s on groceries and gas so it’s easier to not splurge.

[lewislouis]

For anyone watching this, just remember that credit cards is about your income to debt ratio & your overall profile (and thats how the banks actually judge you) Coming from someone who makes 6 figures. Its not exclusively about your salary, If person A has great credit, making 40k a year little to no debt it would make more sense & he would be more eligible for a premium card then someone making 250k a year with student loan debt, credit card debt, car debt, high rent debt. Kids in boarding school, so on. Meaning it’s about ure debt to income ratio & overall credit profile, This example can work both ways. It has very little to do with straight salary. Just a heads

[crazyindianboy]

Have two credit cards currently, and my score is at its max currently 😮 Thankful for the mistakes made in the journey 😊

[__greg__]

Helpful video, thanks for sharing. Quick note - your timestamp for Chase Sapphire Reserve says Preferred instead.

[MattChinander]

Grouping credit cards into salary buckets doesn’t quite make sense. Realistically, this is just a group of cards if you travel vs ones if you don’t. I’m in your upper salary tier but I enjoy the heck out of my Citi DoubleCash card.

[vaniamontano]

Does all your advices apply for Europe too? Thanks !

[LennysHobby]

Hey Humphrey, the rundown of each card is great! But I think this video makes a fundamental error - it assumes lifestyle inflation as income increases. Your viewers might want to consider not spending more and more just because they technically could. High earners can still be frugal spenders!

[Naut]

Use cards that give you points for travel, etc.

Pay them off immediately, like weekly.

[adriennet]

Does it make sense to have an Amex platinum, gold. And delta? Can you do a comparison?

[benhuguenard]

Can you make a visoe or go into more details about the Priority Pass and meal reimbursement? I could not find that information and Chase/ Priority pass didn't have anything on it.

[WaltMagnado]

Thank you for your intelligent breakdown of the credit card world! Very very useful!