Update on exactly how to open this confusing (but lucrative) card, including new methods involving Preferred Savings accounts, Active Assets Accounts (AAA), CashPlus engagement bonus & fee avoidance, and a walkthrough of two simple options for qualifying 👊😤
- (0:00) - What's the deal with this card?
- (7:11) - tldr: Preferred Savings ftw
- (9:12) - Active Assets Accounts (AAA)
- (10:20) - The magic of Preferred Savings
- (12:31) - Why it's better than Access Investing
- (14:28) - Preferred Savings vs CashPlus
- (17:04) - Should I even open a CashPlus?
- (19:55) - How does AMEX get data from MS?
- (20:38) - Option 1: Preferred Savings + CashPlus (safest)
- (23:50) - Option 2: Preferred Savings only (riskier)
- (25:33) - What we did (riskiest 😁)
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