3 NEW Amex Cards (Rumor) + New Cap One BONUSES

In this video, I want to cover indications that American Express is getting ready to release not one but three new credit cards. Then we also have new easy to get welcome bonuses with low spend requirements on three Capital One cards. Hey credit warriors, welcome to the show. My name is Ben Hedges aka the credit shifu and on this channel I cover US credit cards, personal finance and luxury travel. If you like the sound of that do subscribe but let's get into it. We'll start with these three new Capital One welcome bonuses. Now, these are on three of their lower-end cards. So, the spend requirements to get these really aren't that high. Could be good for people who are newer to the game, although you're still going to have to have a few other cards before you can get these. You'll find out why in just a moment. So, the first one I want to show you is the Capital 1 Quicks. Now, the version of this card with the special offer is the Capital 1 Quicks for excellent credit. They also have versions for people with good credit and with fair credit and then a secured version. But it is the version for excellent credit that has the bonus that we're looking at. What is excellent credit? Well, it's more about a lack of negative information on your credit report, like mispayments, etc., and credit history, than it is about a certain level of credit score. In fact, Capital One doesn't say what level your credit score should be, but I would guess, you know, over 700 is probably where you want to be with no negative marks, a three-year credit history, and a card or loan having a limit over $5,000. They specifically say that. So, anyway, here is the bonus. Enjoy a $100 credit to use towards flights, stays, and rental cars booked through Capital 1 Travel during your first card holder year. plus earn a $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening. So, you can see the total value is $300, which is pretty high for this card, which is really just a basic no annual fee cashback card from tier 2 in my five tier credit card ladder system. Obviously, you need to be going somewhere within a year and willing to book through the Capital 1 portal to get the extra $100, but if you are willing to do that, then it is a $300 bonus. So, next we have the Saver card. This is again the variety of Saver card for excellent credit. Here is the bonus. Enjoy a $100 credit to use towards flights, stays, and rental cars booked through Capital 1 Travel during your first card holder year. plus earn a $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening. Okay, so this one is the same as the Quicks. It's $100 to use on Capital 1 travel plus $200. The Saver card is also a no annual fee cashback card, although remember with Capital 1 you can actually transfer the cash back to other cards where it becomes miles and takes on more value if you have like the Venture or something like that. But if you only have this card, then it's only cash back. As Miles though, it would be worth more. All right, let's now look at the final Capital One signup bonus, and that is the that would be on the Venture One card. The Venture 1 is the no annual fee version of the Venture, which is an unlimited 2 miles on everything card. The Venture 1, by contrast, is 1.25 miles on all spend, but it has no annual fee. And in general, the welcome bonuses on this card are not high. And this card is currently offering that same welcome bonus. $100 to use on Capital 1 Travel and 20,000 miles. Okay, it's miles this time, not dollars. And 20,000 miles would be worth more than $200. The points guy valuation for Capital 1 miles is 1.85 cents a piece. So 20,000 points would in theory be worth an average of $370 when used in the right way. actually you might get more value out of it. That's just the average and that's based on transferring it to airlines and hotels. So those are three pretty easy to get Capital One bonuses. Don't forget these cards are for excellent credit. So you have to have other cards with $5,000 limits and no negative marks on your credit report to be accepted. If you want something of the other extreme, the Venture X business is currently offering $150,000 miles for spending $30,000 in your first 3 months. Okay, that's another popular card from Capital 1. Totally the other extreme there, but it may benefit some people with businesses. All right, let's move on to these rumored new MX cards. But first, I am all about letting you guys know about great deals and helping you make money. And right now, the brokerage app Mumu is offering a really cool sign up bonus. So, Nvidia has been one of the hottest stocks over the past few years, and it shows no signs of slowing down. Right now, if you open a new brokerage account with Mumu, you can get between 20 and $1,000 worth of free Nvidia stock, depending on how much you deposit in your account. And obviously, the money you deposit remains yours and is fully SIPC insured. Mumu is, of course, a fantastic commission-free stock brokerage app where you can trade US and international stocks and ETFs. You can even track the portfolios of some of the world's greatest investors like Nancy Pelosi. What could be better? Click the link below for that deal, but hurry, it won't be around forever. So, new MX cards. Here is a post that a reader of Doctor of Credit made in the comments section of the website. Possible MX Marriott Biz refreshing coming. got this in a survey. He then goes on to detail three new Marriott cards. The Marriott business, the Marriott Brilliant Business, that would be the highest level card, and the Marriott Bevy business, that would be a mid-tier card. So, you can see that these will kind of mirror the personal portfolio of Marriott MX cards, but not exactly. Let's look at some of the differences. So, some of the bonus categories are a little different, more geared towards business spend categories. You can also see that the lowest level card, they want to switch to a $160 Marriott property credit instead of offering a free night each year. Then the annual fees are slightly higher on all of the cards. The basic card would go from the current business card, which is $125 up to $150 per year. The business brilliant, the highest level card, would be $6.95. That's $45 higher than the personal version. And the business bevy would be $350 versus $250 on the personal bevy card. But then on the bevy card, the business version, the annual free night would be at the $65,000 level versus the $50,000 level that it is at now. But you have to spend $25,000 versus the current $15,000 a year to get it. I guess AMX thinks that it's easier for business customers to have a lot of spend. Now, this is just a rumor at this stage based on one person receiving a survey. So, if these cards do come out, you can expect them not to be exactly the same as what we saw in this video and the survey. They normally make a few tweaks since that's why they are sending the survey out anyway, right? To see what people think and then they tweak it accordingly. But these surveys have turned out to be pretty accurate in the past. They normally mean that something is going to happen. What do you think of these changes, guys? I think current holders of the Marriott business card may miss that free night and think that a property credit, which normally when it's called property credit, it's just for room service and activities, not actual bookings. I think they're going to think that is a worse deal. But anyway, leave your comments down below. Tell me what you think. Don't forget to get up to $1,000 worth of free Nvidia stock with Mumu down in the links below. Please subscribe to the channel if you're new, and we'll see you in the next video. Bye-bye. Heat. Heat. [Music]