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 😁)
------------------
📬 Join the newsletter for show notes, links, and episode updates: thedailychurnpodcast.com
⚡️ View the live churn tracker for real-time updates on all the churns as they happen.
------------------
♡ Enjoy this episode?
💌 Most people find the show through word of mouth. Please forward to a friend if you think they would enjoy it 🙏
⭐️ Or if you have a bit of time, please consider leaving a rating or review on Apple or Spotify. The algorithm gods (and me) thank you for your sacrifice 🙇♂️
Have questions? Leave a comment to get answers, share datapoints, or just say hello 👋