The Ultimate Amex Cashback Trifecta!!!

Are you looking to maximize your rewards on everyday spending? Consider the Amex Trifecta with the Charles Schwab Amex Platinum Card!

In this video, we'll discuss the benefits of combining the Amex Platinum Card with the Amex Gold Card and the Amex Blue Business Plus Card. By using this combination, you can earn bonus points on purchases for dining, groceries, and everyday business expenses, while also receiving the perks and benefits of the Platinum Card, such as airport lounge access and travel credits.

But what sets the Charles Schwab Amex Platinum Card apart? With this card, you can redeem Membership Rewards points for cash at a rate of 1.1 cents per point, making it a great option for those who prefer cash back over travel rewards.

We'll also cover the details of the Charles Schwab Amex Platinum Card, including its annual fee and its unique features, such as access to Schwab brokerage and its investor checking account.

If you're looking to take your rewards game to the next level and want to know more about the Amex Trifecta with the Charles Schwab Amex Platinum Card, this video is for you!

Chapters:
0:00 Start here
0:41 What is the Charles Schwab Trifecta
01:32 The cost and the numbers
04:03 Comparing the Trifectas
6:59 A few pointers
8:03 How to get the CS Platinum
9:10 Getting the cash and the Wrap up

Disclaimer: Chad's Money Minutes is a source of information and entertainment only, and is not intended to provide financial advice. The content presented in Chad's Money Minutes is for educational and informational purposes only and should not be construed as financial, investment, or tax advice. The views and opinions expressed in the videos are those of the creators and do not necessarily reflect the official policy or position of any financial institution or organization. The creator and presenter of Chad's Money Minutes content is not a licensed financial advisor, and viewers should consult a professional financial advisor before making any financial decisions. The creators of Chad's Money Minutes are not responsible for any actions taken based on the information presented in the videos.
#creditcard
#amex #trifecta

[thejokerspeaks]

Schwab + Personal Gold + Business Gold + BBP for me. Really hoping BBP adds 2.5X to $2, 000+ purchases, reflected in a recent survey.
I'm hearing rumors that Schwab could struggle in the banking crisis, but hopefully Amex would keep us grandfathered in for a period if all goes wrong. I'll ride it till the wheels come off either way!

[jimmyjames]

Team AMEX!!! Thanks for the info + video!

[SpencerJohnsonOfficial]

I'm really tempted to add the CS Platinum soon (maybe I should add the Vanilla first though 🤷🏼‍♂) ... after your live the other day, I realized how beneficial it would be to have the ability to cash out some of my Amex points if I deemed it logical because right now I don't have that option at all. I'm all here for options!! 🤣

[MattWelterOfficial]

The Schwab Trifecta setup can definitely be beneficial if you have a Schwab Investing Brokerage and want to take advantage of all the benefits that comes along with that + this Card. Great video Chad!

[OakandIV]

I missed this one when it came out. Useful video.

My American Express platinum card is my oldest card. I have thought about opening the Charles Schwab for the cash back, but I have an American Express business checking account, which means I can exchange MR points for cash at one point per one cent. So, that is my cash back option without having to pay another annual fee. If I were traveling more, I would go for the Schwab anyway. The credits do more than cover the annual fee if you are using all of them. But I feel like I have hit the limit of the real value I am getting out of credits.

Looking forward to your next next video. :-)

[JPBuffet]

There are definitely times I want to get cashback (taboo, I know), so this sounds like a good way to do that and stay in the MR/Amex sphere.

I would say though getting the Amex Debit card makes this blow not as bad with 0.8 CPP. So no need for the plat, but also less perks 🤷‍♂

[SledgeIncTeam]

Let's Go! I appreciate this video because it's outside of the box and I have all these cards. If I was going to do an Amex Cashback setup, it would be the Schwab, BBP and the Everyday or Everyday Preferred. I'll tell you why in a later video 🫡😢😂😂

[nubianpwr]

Chad you're right on with this one! CS Plat is an underrated lux travel card indeed. Not to mention if one can take advantage of the offers (which I do). My other option on the business side is the Bus Plat with 1 cents /pt when cashed out in the Amex Bus Checking - up to 1 mil pts/yr. Admittedly it is 1A in my cash back (fall back) strategy. An informative - and hilarious - video👍🏾

[dgasmd]

I support businesses that support me and Amex in the banking/CC dept is at the top of my personal list. I have the Schwab, which I got recently after the vanilla plat. I added the Blue Business Plus and and the personal Blue cash preferred. The perfect trifecta for me. I find the point redemption to be extremely tedious and time consuming, so I rather get cash back as much as possible and as soon as possible. I hardly ever go to restaurants, so that is where the Gold has an advantage. For everything else this trifecta is as good as it gets. Add the hack of having the Walmart+ membership paid for with a $0.10/gal discount on gas, which I add the other card to get 6% cash back on the gas I pay for.

[ivangc]

Great video for us Amex loyalist. I believe CS brokerage account comes with a $101 bonus after $50 deposit.

[MattClausen]

There’s going to come a time where I’m going to roll this. Gunna be a while, but it’s coming.

[ItsMeCJ]

Uh oh, for Amex loyalists? Let me exit the room….
First of all…you should. Secondly…..you really should 😂😂😂😂😂😂😂.
This was great. I’ll definitely get the Charles Schwab platinum after getting the vanilla platinum to have that option to convert my points to cash. I’m still holding off on that Amex Platinum though. That $695 annual fee is just 😬😬😬

[MannyCovington]

Definitely wish AMEX made it easier to cash out MR points for cash without needing a $695 AF card. It’d be great if it was just a standard 1 CPP for all MR cards besides the Schwab