Credit card issuers periodically discontinue cards that no longer align with their strategic goals or profitability models, as demonstrated by Citi's discontinuation of the Custom Cash card in May 2026. This decision was influenced by factors including the cost of airline partnerships, potential abuse of category-based rewards, and the bank's broader portfolio streamlining strategy. The discontinuation affects cardholders who have built their spending around specific card benefits, highlighting the importance of diversifying credit card holdings and understanding the risks associated with relying on a single card for rewards optimization.
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RIP To the Citi Custom Cash追加:
Hey, we're live.
>> Howdy, y'all.
Thanks for joining this week's Stack Your Live. RJ, how are you?
>> And I I wore black because today is a very somber day. Um, we're we're having a memorial service. Matt, >> are we are we though?
>> I mean, it sure seems dead. It sure it sure seems It sure seems dead.
Um, and it sure seems like sometimes when things are too good to be true for a for a long time or for several years, they in fact will one day become not true anymore because people do actions that kill them.
>> People do actions that kill them or do banks do actions that kill them because people did actions that banks didn't realize people would do. So, all right.
Let let's let's set the stage so people understand what the hell we're talking about.
>> Yeah, this is true.
>> Matt, you are Mr. Newsman.
>> I am. I am.
>> Please, please, Mr. Newsman, tell us exactly what's going on.
>> Yeah. So earlier this week, there was rumor that uh leaked on Reddit that the city custom cache would be discontinued as of May 28th and that on the 29th there would be no further uh publicly available custom cache. I ran with the rumor um started picking up steam. the same poster. This was the same poster who said that the rewards plus card was going away from City and was going to get replaced. And they followed up with a bank um with an internal document from the bank. And so as soon as I saw the internal document, I'm like, "Yep, they've got it. It's it's real." Um so I started uh I I've done a couple other videos, but the city custom cache is currently no more. Now, uh, some of the things that came up in some of the videos that I've done in the last couple of days, um, folks have mentioned the City Stratus Select trademark that is also dead. That died actually late last year. I didn't realize that it died. Uh, there is a new trademark for a um, credit card and credit card services that is called the city empower. empower still plays on the same thread of kind of choosing your own adventure with points and and how your spend can generate points. So, we will see what happens there.
But for now, the uh city custom cache is no more. Um, which is interesting to say the least. We're going to have to see what happens um going forward with it. But like empower was literally trademarked 2 weeks ago.
So we don't know I don't know that that's soon enough for them to be able to utilize that as a new card. We will have to see what happens going forward.
Um but yeah, >> I was so I was so excited my soda exploded as soon as I opened it. So I had to go take care of that real quick.
But I did hear everything Matt said. Um, no. So, this kind of came out of nowhere. Correct me if I'm wrong, but this was not on anyone's bingo card for 2026.
Um, and I saw it when it Hold on, guys.
I got to adjust my ISO ever so slightly.
Wrong direction. There we go. Um, I saw the post when it hit Reddit. when it hit credit card Reddit and people were basically and I think the Hyatt thing with people putting out the incorrect Hyatt news and then coming back and being like yeah it was just for a class or whatever um has has made people less trusting right so when this came up people were very much like I don't believe you bro um and I think I think there was two things going on. I think people didn't want to believe it.
And yes, we are much different at 1x than we are at 1.3. I usually listen to my podcast 1.3 and occasionally I'll do the video on YouTube for different uh podcasts I listen to and I'm like, they're drunk. They're all drunk right now. Um so yes, anyway, I I think people didn't want to believe it. And I think there was no precursor to this, right? There was not it was down for a half a day and then it showed back up. It was not like internal leaks like months ago that they were thinking about it. There was not a survey that went out. Um so I think that this is one of those situations where people were genuinely surprised.
People were very very surprised it happened and it happened the way it did.
So, I think those two things are why Reddit sort of had this information, didn't believe it, and then you pointed out it was down. It was down for me. I I I text some work colleagues and I'm like, "Hey, I have a weird question to ask you. Can you go to city.com and just see if this credit card is here?" Cuz I work with people all across the country. So, I was like, "Hey, I need to know from your location, and I don't trust a VPN to necessarily do this. I need it like fresh and straight from the area. And half of them had it up and half of them didn't. So I think we sort of had these mixed things going on.
I don't know what I make of this. Like I I make several things of it, but I don't know if I 100% understand the rationale for it to happen right now. I understand why they probably did it, but I don't know if I understand today's rationale like why this happened, you know, May 27th or May 28th or whatever 2026.
>> Yeah, that is that is an interesting um question as to like why now? I don't know why the custom cache. So the custom cash in itself as a 5% earning card in one category on $500 in spend per month >> per p like per account is not that big of a deal honestly. Like the force multiplier with that card comes when you have >> seven army of them. Yeah. Like when you've got a platoon, when you've got a squadron and then you've got a platoon and then if you're able to produce a battalion of custom caches, yeah, you've got a real force multiplier on on on your hands, but as a singular card in your setup is not um is not that particularly intriguing. and also Miyotti one. Um, but you know, having three or four of them can add up because it's one card that if you maxed out every single month, hit 500 on the nose, didn't spend a dime after that, collected your uh 2500 points, passed go, did it again the next month, you would end up with 30,000 points on the year. 30,000 points, not a lot of points, all things considered.
Now, 30,000 American Airlines miles certainly nothing to sneeze at. Sure.
But if you only were running a double a double cache and a custom cache, it's not like it's not like you were causing city significant harms with with that.
And if you were transferring, you were only getting like seven >> points back. So like a,000 points was only going to get you 700 points. still return on investment in the spend because >> that five times points became like a realized value of 3.4% cash back which isn't bad.
>> I do wonder if city so originally or at least in theory and my Siri just went off. Um so in theory right you were only supposed to have one. You were not supposed to be able to have the small army. Um it was supposed to be sort of a you can have one, you cannot have seven um situation and that obviously is not what happened.
I do wonder if they had enforced that.
You can apply for one and maybe you can product change one, right? So everybody can have two. If they had got to that point where two was the max, you can have 18 double caches if you want, but you can only have two custom caches. If that would have saved the card, because it would have cut down on a lot of the shenanigans where people are literally putting label makers because they have one for every single category and they're maxing every single category out every single month through whatever means, right? Some legitimate, some not, right? I'm sure with groceries and gas, it's not that hard to max out.
Um, so I do wonder if city sort of had an own goal there in terms of we we put rules in place, you could only have one.
And then we decided through our um infinite wisdom that instead of actually letting you only have one, we're going to let you have seven. And I I do think that was not the smartest move if you wanted the card to continue in perpetuity. I don't necessarily know once they landed AA, they wanted the card to continue anyway.
Yeah, and that is definitely something that needs to be um Thank you. Thank you, Juan. Uh greatly, greatly appreciate that. And the thumbnail tonight was all RJ looking at it from the macro lens. I think >> very excited about it.
>> Is just them streamlining like they said. I can't imagine custom cache abuse is a big deal for them, but all their new cards and yeah, I don't necessarily think that it was all abuse, right? I do think AA has something to do with it because they have had to cut um cut trans cut cut transfer rates at two transfer partners already. Um they also I did they cut cafe a cut cafe a um oh no no no it would have been Emirates uh that they would have cut but I I don't think that it's the abuse necessarily right the abuse uh is only a small portion of things. Uh, I do think that if you were cashing out at 5% and getting five cents per dollar on everything, um, maybe that was leading to some some issues. There's also, you know, the whole thing of these are not the calmst of economic waters at the moment.
>> No, they are not. And so they could be streamlining their card setup and also preparing for or like tightening the belt because we've seen other moves in with other companies to tighten the belt. Um Rupert also mentioned Synergy uh can stand alone as well. The custom cash is a onetrick pony doesn't fit their new model. And if that is the new model u yeah that that could certainly be the case. We have to see what their plan is going forward because they did say that they're going to be focusing on credit cards this year and prioritizing their credit card portfolio and uh making changes to the credit card portfolio. Don't know what the rest of the changes are going to be. This was one of them. They don't have a lot of new cards in the pipeline because empower is the only thing that I found.
Um, >> I do wonder if this is going to be the theme of the year. Like EMX has three MR earning personal cards. That's it. Like you you you got three options. It's green, gold, or platinum. That's it.
They have two cashback cards that everyone forgets it exists except if you get a really good offer for like Disney Plus or something. Um, they don't have a ton of cards. City doesn't or I'm sorry, Chase doesn't have a ton of personal cards that are not co-brands, right? Like it's a couple of Sapphires, the Freedom cards, and that's basically it. The Slate and and things like that, right? Like it's a relatively small group. Wells Fargo has like even if you include their co-brands don't have a lot of cards, right? Like it's it's a relatively small pool. city of cards. A lot of them are co-brands and a lot of them are getting all the AA cards in and sort of creating something from whole cloth. And I wonder if they really want to focus on that. They really want to focus on, okay, we brought in cards from Barclays. We have the Strata line that we're really into.
We have all of these sort of fires going. What card can we get rid of? that a is going to get us in the news because this definitely is going to get city front of mind for people, good or bad.
People in our own discord applied for this card that didn't necessarily want it, but they didn't want to miss out on it. So, they're getting some new people and people who are going to spend on the card, right? You don't get this card if you're not going to spend on it um for at least the $500. So, I have a feeling that like they looked at everything and went, "Well, this is the easiest card for us to go." You don't want to give up the 2x card or the 2% card, right? Like, you don't want to have that be gone because that's an easy one to rebrand, right? Like, you can rebrand that as a strata card really easily. Um, but this card I don't think has that natural place like like we were saying and it becomes this place where it's a lot easier to get rid of it. And if they bring it back in another um format, I think it's a lot easier for them than to try to change it as it was.
>> Yeah. Um, one, I hope never.
Just just going to put that out there.
>> I got a I got a random mailer for them.
Um, actually, I didn't. Somebody in my family who died like 3 years ago got a random mailer for them. Um, I am the person who goes and gets the mail. So, I am the one who gets to sort through all of the credit card offers um that we we get. And I saw it was like credit one, but the way they design it, you would not know it was credit one like right off the bat. Like they they really make it they really make it special when you look at it.
I don't I don't think they'll call it the strata custom.
Um they might bring something with a 5.
Maybe they'll put it on the top end card. Maybe they'll go up to the top end card and just be like, "Hey, you can have one rotating category. If you don't want your city knights, here's a rotating category. You you can choose city knights or a five uh a 5%."
>> Wonder how much annoyance this card gives people who barely go over the cap and only uh and get only 1%. Don't understand how it's only one category.
Um, >> I don't think it's actually that big of a deal, though. Like, >> here's the thing. We all care super much if I spend $10 over that cap. I only got 10 points. I didn't get 50 points, right? I don't know in the grand scheme of a year. If you go a little bit over the cap if it actually matters, though, right? Like, if you spend $540 on it in a month, do you really care that much?
Like legitimately, do you actually like would it keep you up at night if you went $40 over the cap?
>> Me? No. I'd also set a spend limit on the card. Like you can go in and set spend limits on your cards. Most competent IT departments in with uh credit card companies can go in and just say, "Hey, I only want to spend $500 on this card." So, um, yeah, 540 wouldn't bother.
Uh, an annual fee on a custom cache would be would certainly be something. I think if they were going to bring back the custom cash with an annual fee though, they would have to allow it to transfer one to one.
>> I mean, they could just turn it into a um, shoppers cash >> from from US Bank because I have one. I don't know if I'm keeping it after renewal. I genuinely don't know if I'm keeping it after renewal. It's 95 bucks.
First year's free. I get 6% back at Walmart and Amazon. So, like that card, you can do damage with that car. And it does have caps. I I understand. But like if you max it out every quarter, you can do pretty well. Um >> 2500 a quarter on those two retailers.
>> I don't remember. I would have to I would have to look it up. Somebody in the chat, please tell us what the cap is on the shoppers cash. I don't have it off top of my head. I usually don't get close to the cap. Um that if they did something like that, right, they add a second thing. So it's two, say two 5% categories and they put 95 bucks on. I still think people will take that deal if they raise the cap a little bit. You have to double the cap in that situation.
>> Yeah, they pulled it right at the close of bank business. So like four o'clock Eastern it was gone.
>> They said end of the day and we don't know.
>> Yeah. That there is no chance. Every person who watches this podcast and watches credit card YouTube could call and it's not going to change anything because they probably did it because of AA and that is a bigger deal.
>> I Yeah, it's it's going to be a serious question to see how much how um Richie that's funny.
um knowing knowing your current situation. Yeah, that that would have been interesting if you had pulled that off. Um it it will be interesting to see like City's not going to say anything about this, right? City's main comment is we are going we are looking to continue to streamline our cards and provide value for our customers and if you want a cashback card, there's the double cache. But they've been making moves over the last year to like really limit the point. Like if you just have a Strata Premiere or Strata or a Strata Elite, you can't cash out at one one cent to one point equals 1 cent when cashing out for cash back. Now, like the Strata Elite and the Strata Premiere are uh 75 cents per point and the Strata Elite is half a cent per point. Now, if you have a double cash on your account and all of your points pulled together or you have the custom cash on your account and all of your points pulled together, you can cash out at a penny per point. It's not difficult to add those cards, but if all you had was a Strata Premiere or the Strata, like you weren't like you couldn't even get a penny per point. Um, they are making some interesting moves.
I do wonder like and you and I have differing opinions on cash out >> and that's that's fine. Um I'm not I don't like dislike 1 cent per point cash out, right? But it is not in my top 10 of things that I think about when I think about points, right? Um I wonder if by the end of this year, if not the end of next year, if no one's doing one to one anymore. If because of how if if points get harder to use, I know I know you don't like it, but if points get harder to use and people start cashing out more often, are we just going to see the one to one go at? Because AMX doesn't do it. City now doesn't do it unless you have a double cache or an old custom cache.
Uh does I don't know about Chase is one.
Chase is one to one, but you can't. You used to be able to use any account. Um, but now you have to um now you have to cash it out into a Chase account, which isn't all that hard, but like it is that >> will be interesting once they get the Apple stuff. Um, and how all of that is going to work. Does Cap One I have no I I have blocked cap one from my memory once I gave up my Venture X. Capital One. If you have points, if you're in the Venture side of things, Venture can be cashed out at half a cent per point for a statement credit. You cannot cash out your points for a penny per point into your accounts. If you have the Saver or the Quicksilver or I guess the Discover cards, um the Discover it primarily, those can be cashed out at a penny per point, but you can't cash them out directly into your um into your account. You have to request a check.
you have to do that online on the website which is stupid. Um and then uh awesome that you were able to get the card product changed and so yeah I don't love that with Capital One but they do have C they do have travel eraser which is definitely true. Uh had two double who had two double caches probably changed the CDC and the strata in these last two days for a total of four custom caches. Hey there you go. Um if It'll be interesting if you're just doing it for cash. That works out. JS Amazon card still allows you to cash out to an outside bank. Yeah, that is that is Amazon's secret sauce.
>> Um, but overall my point is I don't know if December 31st of 27 >> if the biggest banks allow you to do one to one anymore because what is the incentive on their side of the fence, right?
>> Mhm.
I can here's what I can say. If you want to do it as a statement credit, absolutely 1 cent per point, right? If you want to do it as a statement credit, 1 cent per point.
Thank you very much. We appreciate you.
>> Thank you, Craig.
>> Um, if you want to do 1 cent per point statement credit, if you want actual cash in your account, it's not going to be 1 cent per point anymore. Again, this is not me advocating for this. This is where I can see the industry going because I don't think they want in times of economic change when it comes to travel. I don't think they want it.
Again, this is not R.J. R.J. is not saying this should happen. R.J. is reading the tea leaves and saying I could see it happen based on what several of the biggest banks are doing.
I don't know what Bank of America is going to do. They're a little bit of an outlier, but I could see it with Chase.
I unless you have maybe the Apple account. You have the Apple card, you have the Apple bank account, maybe they'll do it one to one there. Apple is going to be fascinating to watch Chase and Apple merge. Um, but overall, I really do wonder if December 31st, 27, there's just not a onetoone with with the biggest banks. We're always going to see it with credit unions and smaller banks, but I wonder I do wonder about the biggest banks.
>> Yeah.
Hey, Mike. Um, good evening all. Off topic a little bit. Matt, any news on Wells or Uber? I would love to see them team up with a new card with the direction Uber is going. So, nothing new. Um, Uber is adding hotels, uh, the ability to book hotels through Expedia into their app. They are looking to slowly become something attempt to become an everything app in terms of travel. Um, don't know if they're going to put out a new card. Haven't heard any rumblings there with Wells. Uh, I can tell you next month they're going to be updating their travel portal. I don't know what it's going to look like, but there are changes coming to the Wells Fargo travel portal. Um, I don't have anything else for the rest of the year at the moment with Wells. I know that they're dropping a new card in quarter 4. It's a co-branded card, but it's not anything amazing.
Um, and with that co-brand, I can tell you it is not a travel related card. It is not a um hotel related card in any way, shape, or form. Maybe they do something with Uber in the not too distant future. We're just going to have to keep our eyes out for that one. But the fact that it's with Expedia, and Expedia is one key, it would be interesting. But I do think that if Uber is going to come out with another credit card, Uber is going to go to is going to try to go to MX first for a co-brand partnership first.
>> Yeah, they have a ton of business with the MX cards.
>> Yeah, >> I could see them put it on the Shadow Elite just as a y'all y'all want to pay this annual fee, go for it. We'll happily give you the points then.
>> Yep.
>> This is an excellent question, Chromagin. Uh >> I >> I don't know. The app has gotten better.
Uh for sure the website is what it is.
Like when I did the hey, you know, let's let's talk about the beyond the possibility with beyond right now because here here's the layout of the here's the lay of the land. The travel portal website is not good. the um banking abs the banking website itself is is sort of fine but like it is definitely left behind in another era.
So yeah, they'll they'll need to keep doing some updates. Um but the travel portal I know is going to get updated in the not too distant future.
>> I don't think this is a nerf. I think we use the term nerf to just mean change, to just mean a card has gone away. I understand that nerf is just becoming the ubiquitous term. It drives me nuts because there are nerfs happening. I don't see this as a nerf. I think this is just a card um discontinuation. Um I don't like if you want AA, you you got to be in city, right? Like I mean you can do Atmos there. Not Atmos.
Um, what's the one I'm thinking of?
Oh, the the one you can do AA. You can book AA with >> Atmos. Adios.
Anything in one world.
>> Yeah, my brain is just not functioning.
Um, >> not Cath. Well, Cath is in one world.
Uh, I don't remember the other one world partner. It would have been Atmos.
>> Adios and Atmos.
>> Um, I you you got to be in city, right? Like if you want to acrew those points, Atmos or City, I think that like AA cards I think are going to be good once they get everything under the house, once they get everything figured out and relaunch the cards. I think they they actually could be pretty good. Um I think again, as Matt said, if you have one custom cache, it's 30,000 points a year if you hit it perfectly.
>> Yeah. I think people oversell how great the custom cash is because they're willing or they can imagine a world where they have one for every single category and they're raking in 300,000 points a year. But again, that's a ton of spend a month that most people don't have perfectly in those categories, right? Like the theoretical maximum with the custom cash is fantastic. The actual practical life of it for most people with most lives is not. So, I don't think it's uh I don't I think if you're into AA, you still need city.
>> Yeah. Um and I don't necessarily think that it's a nerf or anything like that.
It's just they're discontinuing one card. I do think though that if your prioritization first and foremost is AA, you still got to stick with city. Maybe Uber and Capital One can make the Uber Cobra. Well, right now Uber is very upset with Discover existing. They've discontinued accepting Discover at the moment. That's just a power move to get a better rate on the interchange from Capital One.
Um, and yeah, Taguret, I could definitely see this happening with banks positioning themselves for relationship banking like um and it's going to be various forms of um of that relationship uh taking place, right? Like if you don't have a Chase checking account of some sort, you can't cash out your Chase points for a penny per point. So there's already that. Like Wells Fargo could do something similar.
Bank of America has their whole relationship banking and getting extra rewards for being in the bank. Uh Chase wants to keep you in house by offering you eight times points in the travel portal for all travel in the travel portal with the Sapphire Reserve.
American Express is now adding 5x um hotels through the the MX travel portal on virtually all of their cards uh in the not too distant future feels. Now, I'm not saying that is in fact a fact, but like you can do it on the platinum, you can do it on the blue.
>> We're getting there.
>> You're going to be able to do it on the uh green in the not too distant future.
>> Um >> so I do think that you're going to see some of this add up. Also, we saw points with Philip earlier. He shouted out the um thumbnail and check out point uh Philip's channel >> and thank you for stopping in Philip.
>> There we go.
>> Um never thought the custom cache was worth the new account or 524 hit to your credit report. I understand the product change to the custom cache. Yeah. And it's got it had a fairly okay welcome offer of you know $200 back on I want to say it was $1,000 in spend. So, it was a 20% return, 20,000 thank you points.
Depending on how you could utilize those thank you points, it was pretty good.
>> Jesus Christ.
>> Can you get a Maserati for 70K?
>> Just Okay, hold on. Let me >> Congratulations.
>> Let me rephrase the question. Can you get a decent Maserati for 70K?
Because like the only one I can think of that would be that low for a Maserati would be the quadriporte, but quattroporte literally translates to four doors.
>> I don't I don't know anything about cars. Um I could see something where you know on the platinum you can get 2x on everything on the platinum but you have to spend 75,000 a year to hit that 2x.
um yeah or you have to spend you know a thousand a month or you know something right like I can see a world where that happens.
>> I do think they're going to be more cautious of that because that actually could be a harder cell to people especially as the economy tightens because people are going to try to spend less money even if they do or not they're going to try to spend less and that can sometimes be a be a thing. No, they don't. This is why my bank and my credit cards are at different institutions.
>> Yeah. Um because that can always suck if they shut you down. Uh doesn't Chase have something going? They do have something where like you can experience test driving a Maserati or driving a Maserati of some car some sort. I don't know. Um they did it on their behalf.
Yeah. Yeah.
Um, so as long as they don't like give you the loan, like if they tell you that you're pre-approved and all you have to do is like click the button and like move on into the um into the app and like you're good to go from there. But if they just like, hey, we open this $70,000 loan for you, >> then would be in Wells Fargo territory.
It wouldn't be great.
>> Will Maserati allow me to split my 100K into $500 increments across my custom caches?
Maybe.
>> Dang. So, the city custom cache died at end of business. Yeah, it was >> also this wouldn't help because I don't think there's a there's a uh code for automotive purchases.
>> No, you can't get automotive purchases on the on the custom cache for sure. Um but yeah, no, it was pulled at 4:00 Eastern. It was interesting to see when it went like live that it was it did did.
>> I I have a question for the chat. We have about 80 people in here with us right now at this memorial service. How many of you actually have a custom cache? And so I two questions. How many of you have a custom cache? How many custom caches do you have? So two questions. Um I remember that joke.
>> Here's the thing, Keith. I think this the interns are just running the show right now. The interns don't get to work on Sunday. The interns are the ones keeping the cogs running through the rest of the week.
>> Yes. Um SJP none and none. No custom cash.
>> One a reasonable one. Uh I have one. I wanted three. None.
Like I could see City or Chase being like, "You get one point per dollar on your brokerage, but it's basically in the form of an additional 1x multiplier on your cards." Um, here here's what I would say. I have one, wife has one.
That's fine. Dra now checking in with three also. Hey, Dros. Check out Dross's channel, especially on Saturday morning.
It is live.
>> Um, I can never justify the slot and couldn't product change and didn't product change. That's fair. Want to go into city with my ecosystem as my hub is American now. Yeah. No, that that certainly makes sense. You should still be able to product change. Thanks, Jimmy. Um, don't kill my Maserati dreams. That's fair. Uh, so where was I going with this? Oh, um, what if what if >> Okay, >> the bank >> raccoon hands >> give you your regular earnings, but also give you like 4% uh, Chase Cash on top of everything.
Or >> don't don't give them ideas. uh American Express um traveler checkpoints and you could turn those traveler checkpoints into whatever you want using company c using company script.
>> Did you just reinvent like >> Yes, I reined cache for every other freaking thing. Yes, I just >> I was going to say I was going to say a company town because we're like five minutes away from just like reinventing miners towns.
What do you think the data centers are for?
>> This is true.
>> Yeah. They have no idea.
>> Yeah. No.
>> As somebody who was uh a customer service agent many moons ago, no idea.
>> Yeah. Um so no, like the whole concept of the company town, as soon as they can like get it back in functioning properly, they will. Um >> yes. So like chase cash, chase script, amx traveler checkpoints, like you could just do it on top. It's all funny money at that point. Like do whatever you want.
>> I >> only costs money until you have to like do a thing with it.
>> Yeah. I I hope that others don't follow with two separate point systems, one of which is called cash, and it's really not. Um, I hope I hope we don't I don't I hope we don't have that. Thank you, Dross. Uh, yes, hit like. Um, hoppity hops too. So, like all of you are reasonable people. I haven't seen nine yet. Um, I will say right now, Matt, if you would ever so kindly lift, let me rephrase this. Stand up. I I want to I want to make it clear what I'm asking you to do. Um, we have a custom cash shirt. If you go to sackerpoints.com, you can link to our store. Uh, I live my life $500 at a time. Uh, Matt, if you would so kindly turn so they can see the back of the shirt. Um, help me. Um, if you want this shirt, you have until June 30th, >> July 1st, the shirt is going down. So, if you want Stack Your Points merch for the custom cash, you have until June 30th at 11:59 p.m. Eastern time. At that moment, >> no. At that moment, it's gone.
>> Okay.
>> So, you have a little over a month to decide if you want to memorialize this custom cache with a shirt. Um because it doesn't make sense after that point for us to have a a reference to something that is dead that is also not like a Mac. Like ATP can get away with it for like the Mac Pro that I'm sure they will have a shirt for for John, but like we can't have a custom cash shirt forever. Um so yeah, so one month.
>> Yep. Uh no, I never thought I'd be a clothing model. Thank you. Not with not with this frame >> physique.
>> Uh Sam, I have not yet. I have the ShopRite app on my phone. I keep meaning to to do some grocery shopping through ShopRite. Here's the problem. I don't want to go to the store and pick up my order. You can't use it for instore shopping. And their delivery fee is $15.
>> Oo. So, it's like >> that's $15.
>> That's a lot.
>> Plus the price of the groceries. Now, it's all instore pricing. So, like you can shop your sales, you can do all of that. Now, I should just buck up and just go to the store and do curbside or whatever. Um, for 11.5x points per dollar, I probably will. Uh, I'm just annoyed that like I can't walk the aisles and hit pays and then leave.
>> Yeah, that would be nice. Also, like a lot of times when I'm grocery shopping, I need to like see the things. I can't just like shop off a website. I have to like make some game time decisions.
So, >> so I here here's my thing with that and this is a thing where like people have mentioned not wanting to do Door Dash for certain reasons or not wanting to do Instacart for certain reasons and those being pretty valid in like they want to pick out their meat and they want to pick out their their produce. I understand for like meat and produce, but for everything else, what what what do you really have to price point? Like you have your name brand or you have the store's in-house brand and like >> so sometimes it's just like what do I actually want? What do I want for dinner? Like what do I want? I like I need I need to know.
I should just start going to Autism Chow and meal prepping that way.
>> I I'm also like I am weird when it comes to shopping.
>> This is >> um like I admit also I just put a link in the chat. 10% off the custom cash shirt. Uh so if you want the custom cash shirt, follow that link.
10% off. R.J., can you put that in the Discord?
>> I will put that in the Discord. I have that power.
>> I appreciate it. Um, okay. So, Sam says he's a GNC shopper, so I'll try that with Pays. Protein and everything. Has made protein powder expensive. Um, also stop putting protein in everything.
That's fair. Should be putting more fiber in things. Uh, so GNC, if you stack it with Chase, you can go even further. And Rove also has a G uh GNC multiplier. So, just make sure you're stacking. Oh, uh or Racketin with built-in me uh membership awards. And yes, I said the secret four-letter word.
I moderate their Facebook, one of their Facebook groups. I write for their newsletter. I do stuff with chill. They love me. They haven't talked to me in a couple of days. Well, Chris hasn't talked to me in a couple of days, but like they still love me.
>> I'm sure I'm sure I'm sure she's fine.
Um she's petting Scottish cows. Um, >> yeah, shop where I shop at home for curbside pickup. I'm I'm sure it's fine.
I don't I just don't like leaving the house if I don't have to.
Um, >> yeah, I work I I order a lot from Walmart plus because I work from home 5 days a week, right? So for me and where I live, I do not like things are not open at, you know, 10 or 11:00 at night when I am done with work. I have decompressed and I'm ready to go out. I live in the sticks. So for me, like the ability to just be like, "Oh, I want this delivery at 6:00 so I can, you know, make whatever." Um, is incredibly helpful. So >> but like I'm not I'm not getting ground beef, right? Like I'm not going to get like my chicken or whatever. I'm I'm that I will that I'll go to, you know, Hannerford because I live in the Northeast and that's what we have.
>> Uh for my next round of um my next round at Stop and Shop, I will not Stop and Shop, Jeez. Uh Shopright, I will probably pay through pays because 11.5 points per dollar is pretty dang compelling.
>> You know what I miss from living in actual proper New England map?
>> I miss Shaws.
>> Oh, Shaws.
>> Shaws. because I was down in I was in Rhode Island.
>> Oh, >> like I miss a proper Shaws. Um I miss a proper Shaws. I miss listening to WI. I can still though I have to listen to it over the internet. I miss just getting into my car and turning on e we um but yeah I again shirts uh what are you s are you surprised that this happened now Matt are you do you think that like there was a specific reason or do you think it was because of the AA >> I think I personally think like My little tin tinfoil hat, not my crappy Mets hat here. My little tinfoil hat is AA is costing them way more money than they thought or they put in way too much.
Like they overcommitted to AA in terms of bringing in the backbook from Barclays because I still don't know what the number they paid for that is.
>> I don't know if we're going to know for a while.
>> Yeah. Uh yeah. And the card's only been around for six years. I don't know. I'm not going to say it was abuser. it was those who who like had to have a platoon of custom caches because I do think that there are people who had a platoon not not they had more than a squadron and less than a battalion. Um yeah so the question is how much did they pay Barclays for the backbook?
Um, >> I I also >> didn't something just come out recently that like it costs issuers a lot more for points than we all thought it costs issuers for points.
>> And I'm sure like AA, Delta, and United I am sure are much more expensive than even Hyatt, Hilton, um, IHG or Marriott, right? Like airlines are going to be more expensive. So, they do have there is like there is a bulk pricing rate, but even then like if you're able to buy points from Marriott at like 08 cents per point, it's still costing them on a bulk rate probably closer to 1.1 or 1.3 cents per point. Um, is much better marketing than the intro cards like the City Custom Cash. They could be focusing on profitability. It could be that um they are moving their travel lineup of cards on in their personal in their core setup to strata and custom cash is just like a weird name out there. Um some more Monopoly money or I guess cash in this case. It's entirely possible.
Um, I think I think it's just the cost overruns and it could be hurting profitability. Maybe they haven't been hitting uh signups that they were expecting to hit with something like the Strata or something like because like on on a one to one, right?
>> Let's take a side let's take like YouTube out of it. Let's take the blogs out of it, right? Um, you have the city strata card and you have the city custom cash card and you're trying to decide which of these two cards makes more sense for me to get.
>> The custom cash says 5% up to $500.
>> You don't think about the $500 that you're spending every month. Um, in this one particular category, so like it should stand to reason Oh, uh, thanks Kevin. Um, it should stand to reason that it would be uh >> that is both terrifying and very realistic.
>> Yes. Um, that is that's a very horrifying thought, but CLA is doing their whole like membership thing and so transfer partners won't be far off. Uh, but I do think that like on net it should be the 5% is what could compel you to come in and like you spend past the $500 and it's just sort of your everything card. And I think that's what they were hoping for.
>> But so now you're you're only going to be capped at three and now it's unlimited three, but it's three nonetheless.
I have an interesting idea for a card that just sort of hit me, right?
>> Sure.
>> I don't know if they'd do the full 500, but say 300 is 5x. The first 300 you spend in a month is 5x on a particular category and then it defaults to 2x everything.
So, you're sort of taking the double cash, you're taking the custom cash. Um, and maybe it's 2x everything and then one 5x category or whatever. Um, because they don't they want you to use the card for literally everything in in this situation. But >> there is a card that sort of did this.
>> Please tell me, Matt, because I don't know off the top of my head.
>> It was the X1 card.
>> Of course it was.
>> Yeah. The first thousand dollar in spend per month was 3x. Everything after that would drop dropped to two.
>> Right. I'm I'm thinking more like, you know, between three and 500 or 250 and 500. I'm not thinking a,000 and 3x. It also would be on like a one category is the 5x and then it then you know it everything drops to to 2x. So it would be like 2x catchall plus one 5x category.
um that's you know limited to 250 to 500 and then but it's it's a 2x after that.
So say say this is your grocery card, right?
>> You spend $550 now you're not getting one x on the 50.
You're at least getting 2x because I did see a lot of people just being like well we're just going to use this, right?
We're just going to go with it. Also GSA, thank you very much for those memberships. If you just got a membership, please head over to stackyoupoints.com.
Join our Discord from the link there. We have so many things going on in the Discord. There's polls, there's conversations, um there there's a bunch of stuff. So, please head over join. There is a tab in there membership roles where you can select um SYP Insider what your membership will be and um it'll add that to you uh all of the appropriate things.
So, thank you so much. We appreciate you.
>> Absolutely. Thanks, Richie. Um, yeah, those buy now payments.
>> No, >> I have a feeling they're going to get they're going to go banana. This is going to be the dot boom, but for predatory lending, >> it hasn't been great for them, but if they're able to if like CLA's membership push actually does something, maybe.
Seems logical to me that if City wanted to launch a coupony new card or Strata Premier refresh and wanted customers on it, they wouldn't want the custom cash sticking around as a more attractive uh player option.
Yeah. Um that is definitely a a consideration for sure. I I don't know that they're going to do a coupony new card, but they were testing a Strata Premiere refresh for sure.
So, we'll see. Uh, Calards, thank you.
Uh, rest in peace. The custom cash will live on in the wallets of all current card holders. Yes, it will. Uh, until city does something else.
>> Yeah.
>> How long do you think if you if you were a betting man?
How long is this card living?
>> Uh, six. No, I'm going to give it 12 to 18 months probably.
>> But it's anywhere from the reward plus.
The difference with the reward plus was that um the reward plus sort of had an endof life announcement like the announcement of its discontinuation and the new card and the uh forced conversion to the new card was all at once and like followed the timeline it has to follow.
So, this could go, you know, 12 to 18 months or they just let it sit like the dividend card. The dividend card was discontinued forever ago. The Prestige was discontinued just as long ago and both of those cards are still kicking.
>> Um, I want to touch on this for just a second. It's not that people have multiple of the same card. I know people with two Venture X's, right? Like, it's not having multiple. It is the push to have seven or nine or 12 or whatever. It is the It is that push.
>> Oh yeah. People have like three, four, six uh six platinums. Like that's >> Keith has a small army of tiny centurions that follow him around.
>> Yes.
>> The centurion as in the the little guy on the platinum, not the centurion card.
>> Um >> you can have how many business platinums at the same time? This is an interesting question. Matt, I want your take on it because it's it's a it it is both a very good question and a very obvious one in some respects. I do not think it's a bad question. I think this is a good question.
>> No, they're both loan vehicles. So, a credit card is just a loan that you have you pay back in full every month um that happens to have certain other goodies attached to it. be those um fraud protection which is a big one right now. Um >> the biggest difference between buy now pay later and a credit card. Buy now pay later is per item whereas a credit card you can use your entire credit limit for that. Uh that is the singular difference between the two. Now there are similar concepts where you buy a thing on loan from the bank and you will pay it back over time and buy now pay later. You can set up a strict, you know, buy weekly for four payments, pay it off over eight weeks or buy bi-weekly or buy monthly if you have to or monthly payment depending on the price of the object. We'll see in a bit. Dunking. Um, sorry. Uh so like it has a set structure. It is one item at a time. So you can buy exercise equipment on buy now pay later. You can buy uh you can do that but do that on a credit card. The credit card has a limit. Buy now pay later is per um per merchant and the limit is just the price that you're paying for the uh for the item.
So they're are similar constructs. They both have some interest attached to them in some form or another. Now, if you pay your credit card off in full in um by your statement date, you are not assessed interest. If you pay um if you qualify for buy now pay later with no interest, as long as you consistently make the payment agreed to as part of the purchase agre your purchase agreement, you will not be charged interest there. They can both charge interest. Those interest rates can be pretty bad, but typically buy now pay later is just one item or one purchase at a time.
>> It also historically has had more fees attached to it.
>> And I'm talking good credit cards. Like there's not a whole lot of difference between credit one and buy now pay later, right? Like they're both they're both bad. Um >> buy now pay later tends to become more predatory. It tends to have more hidden fees. Like some buy now pay later literally has an early payoff. If you don't pay the full interest on it, they'll just charge it to you at the end. And sometimes they'll charge more than what you would have paid if you paid each thing cuz they don't want you to.
>> Um >> it tends to be more effective at trapping people in debt. Cuz think about it. If I have a credit card and I have a $10,000 limit on a single credit card, right? We're going to pretend for a minute I only have the one.
>> Yep.
>> I can track that pretty easily, >> right? Like I can log into the app, see what my balance is, see what my payment is. Like even Wells Fargo's app, you can see this city's Chase. Everybody's app will tell you what your balance is, right? They they're not going to be Apple where they're like telling you if you, you know, pay this, you're going to have this. Like not all of them, but they'll tell you your balance. If I have the same amount of money out, but it's in three or four buy now pay laterers, I have to track that. I have to figure out where each of those are. And yeah, is that ultimately on me? Yes. But it's just so much easier to get into bad financial straits that way versus with credit card. And again, credit cards can be terrible for people, but it tends to be better. Pay over time is somewhere in between, right? Like it is somewhere in between.
>> Yeah, they just assess a onetime fee with pay overtime. It's 0%, but you do pay them >> the fee to to put that into effect, but it can be pretty useful. and 0% interest. So, like if you get that paid off early, it's fine. Um, do I think they product change it or just uh continue to make it worse along uh until it's useless? I don't think they're going to make it worse until it's useless. I do think that if there is a new product that they want you to be on, they will just product change you to that announce that you will be product changed to that product.
>> Yeah.
>> Otherwise, I think they're just going to let it live and forget about it in zombie form.
>> Yes. I think there's just one of two options there and zombie is probably what's going to happen.
I think there's going to be a zombie for the next 12 to 18 months. I don't think that they're going to come out with a new card that they want to push everybody to because they would have announced that card.
Um or if they were going to move it into the Strata side of things, they wouldn't have let Strata Select die.
>> No, I want a new credit card because it's been about a year, but I really don't need one. Hey Ragrex, just apply for the JetBlue premiere. That's what I did.
>> You did and you got it.
>> I did.
>> And then immediately JetBlue was like, "Hey, you want a state?" Or Berkeley's was like, "Hey, you want a statement?" I was not expecting that personally.
>> Yeah, I didn't like that getting that in the first week. That was annoying.
Um, and yeah, it it definitely was a gap filler for sure. If there was a category that you were spending a moderate amount of money in every month, that makes sense. Um, oh, Tagger, you got no fee on that. Perfect. Um, >> there you go.
>> So, yeah, it it was a good gap filler for sure. I just think that there's other like I wasn't I'm not in the city ecosystem. It has not been a card that really intrigued me to get into the city ecosystem. My partner is in the city ecosystem. That's fine. Um, they have double cash. They're they're cashing their points out in ways that would make the community go crazy, but you know what? They're happy. I don't care. And >> sometimes you sometimes you just got to let people live their lives.
>> Uh yes. Um they play the game on my um when I need them to play the game with me and I give them cards to do that like on my account and then I look at how much money they spend and I go, "Oh my god, you really need to like >> it happens. not spend so much money there.
>> And yet, um, do you think we're going to see any other cards join the raccoons memorial service this year?
>> Um, I do think we're in for refreshes.
So, I think the Strata Premier refresh, there will be a Strata Premier refresh.
Um, I'm going to assume that that will come in quarter three or quarter 4.
>> Um, I could see them I can't see City getting rid of any more cards because the rewards plus was a card that was just sort of like there. Oh, they give you one interest free one. The next one has fees. Okay. Um, sorry. Uh, >> they give you a little taste.
>> First taste is free.
>> Uh, they they got rid of the rewards plus the stratus. The Strata came out last year. There's no way they're um changing that anytime soon. Uh Smartly is more or less dead. Um I don't think you're going to see I don't know what the hell US Bank is doing exactly.
So >> I don't know if US Bank knows what US Bank is doing.
>> There's that. Then there's uh Chase. I don't think Chase is going to be getting rid of any cards. There's a Sapphire Preferred refresh probably happening at some point.
I don't know what a timeline on that looks like. Wells isn't going to be killing any cards. If anything, Wells has has at least one new card coming.
It's a co-brand. And I don't know.
Highest record I've seen is five custom caches. Wondering if anyone else has more than that. I'm aware of people.
>> Oh, yes.
>> Yeah. Uh the discover it miles is probably not long for this world for sure. The quicksilver is getting an update while moving to the discover network to get people to spend on the discover network.
Uh, the venture is moving to the discover network. So, those cards have already been announced that they're moving to the network. Um, did they mention did they say the venture or was it just the venture one? I think it's just the venture one.
>> I think it's just the venture one now.
>> Yeah. Um, and refresh their could City consolidate and refresh their AA card lineup. Yes.
>> Oh, they absolutely will.
>> Yeah. Um, they've already sort of done that by getting rid of the Aviator Red, Aviator Silver, turning those into the S into the platinum and to the Globe card.
Uh, but I do think that there is refreshes coming to those cards. Uh, for sure. I'm pretty sure you know what US Bank is doing better than US Bank does.
I That's a scary thought because you know how much I think about US Bank.
>> Very little. Um, I I'm in the place right now where I don't dislike my Shoppers Cash or my Cash Plus, but I also just don't want to have to deal with like the US Bank app and how they handle like autopay and like dealing with them, right? Like that's the that's the thing we don't talk about a ton is like those are great cards.
Those two cards specifically are great, right? Especially the first year on the shoppers where you're you're not paying the annual fee. Like they're great cards. I don't know if I want to continue to deal with US Bank in those little friction points. And there are people who will and I totally understand it, but I don't like I have other cards that can absorb most of what I use those for in different ways. So like I'll be fine. I'll go down to 17 cards. I'll be okay. Um but I I don't know. I don't know if it's worth dealing with them. And that's that's not always a fun Oh, no. It's It's at least $100 a year.
It's at least 195 really cuz I have to like deal with the annual fee that's annoying me. Um I wish there was like a 5% option instead of the 6% with no annual fee. Um but yeah, it'll I mean there's the cash plus, but like I need it for Walmart and Amazon, you know what I mean? like I want it for the things and I I could get an Amazon card except no I couldn't right now. So like you know there's that so much I I'm I'm debating if at the end of the summer I cancel like if at the six month mark or the the sevenmon mark if I cancel it instead of waiting the year. I think I'm going to wait the year just because I don't trust them not to do shenanigans if I cancel early. So, I think I'll probably do the year, but I'm not happy about it.
>> Yeah, for sure.
>> And I move like if I still had the points inbuilt, then I probably wouldn't care because if they pulled them back, oh well, but I've already moved the points to Hyatt. So, if they try to like pull those back or if my account is negative or whatever, I don't want to deal with it. I just don't want like >> it's it's less of a hassle to just wait the year than for me to be annoyed and waiting for something to happen. So, it's in it's in my card case that I have all of the cards that don't leave the house.
It's actually next to the Racketson card because again, that card has no reason to ever like physically be presented anywhere.
Um but yeah, no, the JetBlue card will probably also be gone um after a year.
Um I I really think it's not that I want to pair down next year, but I want to I think I want to focus a little more. Um >> which is on me.
>> Only so many MX cards you can hold at one time.
>> Yes. But I like I think I like I the the Amtrak card was a good pickup. I I Oh, Matt, you're you're a a New Yorker a little farther down state than I am. Have you ever been to the Metropolitan Lounge in Amtrak, like the one in Penn Station or Monahan train station?
>> It has been a I don't think I've been to Monahan. Uh it has been a while since I took Amtrak and usually if I start on Amtrak I am starting at Croin probably I'm more likely starting at Croin. If you ever have the opportunity to use the lounge at Monahan oh my like there are people making you sandwiches like there are people like it was lovely. It was one of probably the three nicest lounges I have ever been in, including airport lounges.
>> Interesting.
>> It was huge. I mean, it's it's a very good portion of a sec part of the second floor, right? Like it's it so it physically can be larger because there's not an airport uh around it. It was lovely. Like I I if I'm there more than an hour, like if I'm going down to DC, right, because usually I'm just going to New York City, which means I don't have to wait, right?
You you get there and then you go and do whatever. And when you're coming back, because there's no like TSA or whatever, you can get there 20 minutes before your train leaves.
>> Um >> so like for that, I wouldn't. But if I'm going to like from where I am to DC, you have to go through in New York City for where I am to do that. So like if I have like a 2 threeh hour layover, I I will be I will find a way into that lounge because it was it was truly lovely. Like it it really was. Now, does the credit card just get you lounge access or does it well does a credit card give you like unlimited access into that lounge or is it just Okay, >> so you can you can buy a lounge pass for $50 or 1500 points.
You get one lounge pass for holding the card.
>> Got it.
>> So, they give you a little taste so you can be like, "Oh, no. I am never going back." Um, >> first taste is free.
>> Yeah. I mean, I went to B&H and then I wanted to play with a bunch of camera gear. So, I wanted a place that was not like the general terminal to like unpack camera gear. Um, I bought the camera I'm talking to all of you on right now there. Um, so I wanted to like take it out and I had one of my lenses with me.
Um, I'm actually using a Sigma lens right now. Um, and it was great. like it genuinely was was fantastic. Um, you do get more lounge access when you go up in status.
Like I think select gets you more access. I really need to dig into it cuz in 27. If if I do the math out, if in 27 status is attainable with Amtrak, it may be worth it for me.
Um, I'm also thinking about doing the rail pass occasionally for like the summer because it's 45 days and you get like 10 trips, 10 segments. So, that's kind of cool. Uh, no, Amazon is delivering it tomorrow. So, I'll have it for Monday. So, I won't have any anxiety about my battery. I have no idea what the battery life is right now because I can't see that while I record. So, we'll we'll find out if if my video suddenly drops. Uh, I'll switch to my my phone camera. Yep.
or put another battery in.
>> Yeah. So, yeah, we'll just have to wait and see what city's next move is. It's interesting to see that they haven't that they're not doing this in coordination. Like, you're not getting um you know, one card being retired and a new card being launched or you're not getting this in concert with a Strata Premiere refresh or something like that.
So, we'll just have to see what the end result be uh ends up being. For now, they have they've said that the card is no longer available for applications. We will have to see, you know, what the product change ends up being. People are able to product change right now. So, if you want yourself a sweet, sweet custom cache, you can still um move between your uh city your city core cards to do that. you're not able to uh product change your American Airlines cards to the city um to the custom cache like you used to be able to. So, we'll see at the end of the day. Um and it's not like there's a whole lot of cards laying out there that they have uh just waiting in the wings to to step in.
There's the new trademark that I mentioned. They let Strata Select die.
It's not like they've got like nine floating trademarks out there that may or may not lead to new credit cards. Oh, and Capital One last year had like nine nine floating trademarks and AMX had a few floating trademarks. Nothing ever happened with those. I have to go back in and look at to see if the MX trademarks are still alive, but like yeah, we just have to kind of sit and wait it out with um with City.
But if the good news is they're not force changing you into new products right now into a different card right now.
>> I have 71% battery. We're good. Um so it sips power a little more daintily than I was expecting. Uh 30% over an hour is not bad. Um >> yeah.
>> No, I I I largely agree. Um, I do think that it's never a good it's never a good sign when a card that is so enthusiastically loved by people goes away.
>> Like regardless of what you you and I have historically picked on the custom cache for a number of reasons. Um, a lot valid um in terms of of why. I do think though like when those cards start going away, when they start making less and less sense for the banks, that's not a great thing, right? Because that's sort of saying, hey, your favorite could very well be next. And that's again not great for the community.
>> Yeah. Now, if you want a card that uh you can move away, like move to and potentially go into a new issuer and it's a credit union, if you check out um Langley Federal Credit Union's um Visa Signature Rewards card gives you that 5% cash back on a category of your choice. They do give you the list of categories. You can get 3% cash back on groceries and um groceries and wholesale, 2% back on something else, and 1% back on all other spend. Uh groceries and wholesale can be that 5% category. Now, I don't think it stacks to become 7%, but like after that $1,000 in spend per month, you can drop it down to 3%.
>> Is it geolocked? Because I feel like they're going to need to geollock it.
currently it's not to my knowledge like you do like they do have the membership requirements um but it seems relatively easy to open a Langley account right now um I'm not saying that it's going to not going to go the way of the Redstone but yeah well yeah >> I I have no answer because I do not face this problem they give me the entire can of ginger ale when I ask for it um I I mean, I think some of it is some of it is just them being cheap. I'm sure some of it is like people the amount they get back. Like if you're getting, you know, a third of a can every time you clear trash, eventually you're going to stop giving people a full can, but probably just being stingy.
>> Just give us the tiny cans. The tiny cans exist for a reason.
Yeah, >> the tiny cam is annoying, but yeah, I'd stick with the 3x version of the custom cash over the Strata because the flexibility for one to one cash back if I wanted it. Yep. No, and that makes sense. Um, you can still get that 3% with the Strata. You just have to have a double cash attached to your account, but that is, you know, extra friction and I totally get it. So, makes sense. Um, but I think I think we we're good on the custom cache at this point. Uh, we're an hour and 15 in. So, um, other things to mention, I did bring up that Langley card. I wanted to bring that up. Um, we've got Spirit is auctioning off their LaGuardia slots and like I think they're expecting to make $87 million off of this.
>> Which um terminal are they in the same one as Delta?
>> No, they're in the A terminal.
So Delta is going to be like, "Y'all have fun fighting over that. We're going to stay right here."
>> Yep. Uh it's six gates, so we'll see. It is 12 slots. It would be enough for 22 um 22 flights.
>> Yeah, >> I I agree with them needing Coke Zero.
Uh, I've had a C4, a Pepsi Zero, and I'm on a root beer. Zero sugar root beer right now.
>> My next one is a Dr. Pepper Zero Sugar.
After I after we're wrapping, I'm completely tearing my personal desk apart because the experiment with the camera worked.
So, I will be using the camera going forward, which means that I need to reconfigure my desk. Oo.
Uh, diamond. I have no idea. That would >> I don't think they're going to kill the double cache. They might get rid of one to one because they can always just change that.
>> They can always just change that for sure. I don't think that you're going to see them kill the double cash anytime soon. I do think that they could just go one to one is statement credit only. And if you want cash and you want to if you want to cash out, it's going to be two to one or one to two, whatever. Uh two to one.
Two points equals a penny.
>> Yeah.
>> Can't wrap until the flight is over. No, no. I'm not saying we're wrapping necessarily.
>> No, no, we're just moving on. We're just moving on from the custom cache.
>> We're doing custom cache. Um >> we have we have custom Marcash.
I I have come to bury this custom cash and I have said all I can say without going too without going super super negative. I'm kidding. I >> So, you know what card I keep getting ads for? I do not want this card. I am not getting this card. Um but I keep getting graphite ads.
>> Oh, anytime I open the Reddit app, I the graphite is the first thing that pops up. Yes, that cuz I went to c I went to the credit card uh subreddit and there's literally three ads for that card.
Like why?
>> Because they're not hitting their signup numbers because they released a ridiculous card. Thank you, Double D.
>> We are We are very entertaining.
>> No product change to custom cash exist after today if you currently have a different city card. Um, frequent mileer, if folks are commenting on frequent miler that uh, product changes are still a thing, you may want to just go through the chat app chatbot.
Um, if the chatbot doesn't work, try calling, but calling is going to depend on the knowledge of the customer service representative that you are speaking to and they are not always uh, keyed in on what is happening.
So, chatbot's probably your best bet.
>> Yes. Um, I have a question for you, Matt, that has nothing >> Sorry.
>> Yeah.
>> I have a question that has nothing to do with anything that we have talked about.
>> Um, wanted to Coke Zero, got half a cup of water. You will like that. Yes. Um, it is not, but they just spray it all over social media. Um, I was on I I took Amtrak down to the city last weekend.
Um, for holiday weekend. I was in coach for the way down because I wanted to try it just to see if it was worth the business class versus coach class. Um, so I did I did coach down. It was fine.
Um, there is not a way for a lot of legs of Amtrak for you to select a seat. So, if you're a couple traveling or two people traveling, you are not always guaranteed to sit together, especially the closer you get to the city.
>> Um, >> I was nice enough that I gave my seat up to somebody cuz I had an empty seat next to me so they could sit together.
>> Um, they didn't ask to be fair. They were they were very nice. Um, I moved so one could get in and then I was like, "Oh, there's an empty seat right there.
Would you would you two like to sit together?" And they were like, "Yes, please." And then I moved and it was fine. Are you somebody who who makes that offer? Are you somebody who asks if you're on the other side of it? I get if you have a like if it's a situation like that that it's open seating.
I get asking, right? Like I I understand people who ask in if it's I'm in first class, you booked your child first class and you want me to go to coach because you were trying to get a free seat.
Absolutely not. Open seating I do think is a little bit different, but what is your take on this? Uh opening se open seating is definitely different for sure. Um I when I head down to the city, I'm not usually on Amtrak. I am almost always on Metro North and Metro North open seating. Um I try to to sit by myself as best I can. Um, so I try to avoid, you know, too many people, but like if there's no empty setup and there's an empty seat next to another solo traveler, I will ask, hey, do you mind if I sit um, you know, can can do you mind if I take that space? Um, so an open setup is different than, you know, assigned seating. I haven't, again, it's been years since I went on Amtrak, so I can't necessarily speak to Amtrak. Specifically, >> I'm talking about just travel in general. So, like >> Yeah.
>> So, Southwest has open seating, Amtrak.
>> Well, you know what I mean?
>> Any basically anything in travel. It doesn't have to be Amtrak. Can be can be the train, can be flights, can be whatever.
>> Yeah. As long if you're in the same um if you wanted your if I wanted your seat, I would have booked it. Yeah. Um Yeah. Open seating. I I will I will ask if I have to. I will try to set myself up to not have to ask, but you know, it's going to depend on how crowded the train is that day or how crowded the subway is that day.
>> Have you been in a situation with your kid where you've like you it's open seating and you kind of have to be like, "Hey, is there a way you'll take that one seat so Chitty and I can sit together?" You ever been in that situation?
>> I haven't yet. Um because when my kid has been on the train, they have been on with the other parent, so I haven't had that be an issue. Um they also start their journey from the the uh beginning of the line. So like train's empty when they get on. So it's completely different situation there. Uh, but if I was on the New York City subway and, you know, wanted to sit with her, I'm sure I would ask if, you know, there's two seats available somewhere to to be able to sit or like I would try to claim two seats.
>> At least with a subway, you can stand.
>> So, like in theory, you could stand next to her >> if there was one seat. Um, which makes it a little bit easier. On Amtrak, you can't just really stand. Um, >> no. Amtrak doesn't have those middle doors that some Metro North trains have.
>> Yeah.
>> Yeah. It becomes an issue.
>> Um, I was I was on a plane recently. Um, and somebody did pull the Oh, my husband is is here. Do you mind swapping? And the person was going to do it until they realized that the wife booked comfort plus in the first row of comfort plus right next to first class and she pointed to the seat and the person immediately was like absolutely not.
>> Would you give up an aisle or window seat for a middle or someone who wants to sit with their family member? Um, bro, you got to be better at booking.
Honestly, um >> I don't have to deal with middle seats cuz I'm in first class and there's only two in each. Um I will say would I give up in in this situation?
Would I give up a window or aisle for a middle if it's an adult? If it's a husband and wife, boyfriend, girlfriend, friends, whatever.
No. I'm sorry. You're an adult. you can't sit alone for for 6 hours or whatever, then then you you need to reassess some things. Um, if it is a situation where I have to sit next to somebody else's child, I might consider it depending on the kid because I am going to say something to that kid that's going to piss the parents off if that kid's being a little [ __ ] and I don't want to have to deal with that cuz if I tell the kid to knock it the [ __ ] off if they're like kicking the seat in front of them or like touching me or whatever, there's probably going to be a bigger problem. Um so in that case I might do it just to get away from the child.
>> Yeah. Also we live in an era where like if you are uh pair of adults um it's probably a master getting people to give up their seats. If he does a TED talk on um on getting people to give up their seats, I'd probably go watch that TED talk or that TEDex talk for sure. Uh anyway, >> here's here's the thing. I like to be comfortable. I'm not gonna be comfortable in not first class and I because I've flown it and I'm not gonna be comfortable there. But I also really don't want to be around somebody like am I going to change first class to main cabin? Absolutely [ __ ] not. But I'm also like if your kid's being a [ __ ] I'm going to call the stewardist and have the stewardist deal with it because I will tell your kid to shut the [ __ ] up and then there's going to be a problem.
>> Fair. I would absolutely though like if say the parent booked an aisle and an aisle and I had a window, I would change to the other aisle so they could sit next to each other. I would be fine with that. I am I'm sort of agnostic between aisle and window.
It's fair to the taped my fair card to pay them.
>> Oh no.
>> Oh.
>> Yikes.
>> Yeah. No, I I am I am a fan of I prefer the aisle, but I don't mind the window.
>> Yep.
>> R.J. would you take non-first class to fly with a family member if they asked?
The only person I would do that for is my grandmother. My mother has become a very much a fan of first class. She literally sent me a meme that says I don't leave my house if it's not first class. So, she's not going to ask me.
But if for some reason I had to fly with my grandmother and I was not able to book first class, she is the only person that I would not bump myself to first class. And that's because she's like 87 and I I would need to help her. So, you know, >> yeah, >> I do I do have some bit of a soul, but everybody else, no. Like my mom, my stepdad, my my step siblings, they are all adults. They can they can very much take care of themselves.
Uh I feel bad when somebody asks me absolutely not.
>> Yeah. if it's a 10-hour flight. My grandmother does deserve first class. My grandmother's actually upgraded to first class out of Atlanta the last time she flew. Um because there was an opening and instead of giving it to somebody on the upgrade list, they looked at the 87year-old who needs like support and a walker and was like, "Hey, we're going to put you in the very first row so you can be easy on and off the plane." So they they she got an upgrade to first class.
>> There you go.
>> She was definite. She doesn't have status. She only has a Delta account because I set her up with a Delta account. Um because that's how she usually flies. So yeah. No, she has zero status. Um though I was told on my last trip with my parents that if I make platinum next year, I have to give them both silver. I am I am required by family law to give both of them silver.
>> Yeah. And gate gate agent will usually figure it out. the um the flight attendants can figure it out as well. Um but here's the thing. Uh they really need to stop calling domestic first class first class. It's a sad state of that's fair. It it is it's what I call like I also could care less >> I could care less about flying international first class. Like that doesn't like I don't care about it. So for me domestic first class is what I'm going to deal with. So that's that is first class to me. Yep.
Um, >> yes.
>> Yeah, my family is learning the ways of points and miles. Like when it comes to my partner, my my kid and I, like I'm just the one who does the booking. Um, one a day.
>> It is so much less stressful when they're just like, "Here's what we want to do. Here's when we want to do it. You figure it out and we'll follow you." It is so much less stressful when they when they do that.
>> Yeah.
Um, yep. Some of the content are getting more first class light. Yeah. Uh, transcon is different than some other portion of domestic. But anyway, um, oh, and yeah, if you're paying for the seat upgrade, like if you're paying for the selection and it's not part of like being part of the program or like having the credit card, uh, damn straight don't move your seat. like they they should spend a couple more croner.
I tried to find an a nonoffensive currency to use. Uh I just got my custom cash yesterday after making my second purchase. Was declined and had to call the fraud department to open up the card again. At least I didn't get the dreaded letter in the mail. Oh, >> did you do it as a mobile wallet purchase?
>> Uh that would be hilarious. Um, at the fact that those still get those still get pinged is just funny. Uh, yes, the custom cache is dead and I believe the 5% hero is on the uh thumbnail.
Yeah, >> it is. Yes, I was I was very pleased. I I I had to go through a couple of rounds to get this one to work and I'm very happy with how it turned out.
>> Yeah, I'm done with Gemini. I am done with uh GPT. I am only making thumbnails in ask studio now.
>> I mean you are technically using using Gemini Gemini but I don't have watermark. I don't have to do anything crazy. I don't have to like ask um Claude to prompt it properly to give me the right things. Um >> R.J. was supposed to fly Delta 1 when she went to Hawaii. R.J. did not fly Delta 1 because R.J. did not go to Hawaii due to an unfortunate series of events.
>> Yeah.
Well, the German man on left Hansa into European business class and he was not pleased. Well, that's his problem. He should shell out a few more euro and pick the freaking window seat that he wants.
>> About 14 million artists that were unpaid for their work, aka Gemini, and my brain telling it what to do. I went through about five rounds for it, but I am not an artist and we did not do well when I was just putting words as the title. So, this is what y'all want. This is what we're doing.
>> Yeah. Um, and yeah, we should be maybe for the podcast we should be paying somebody through Fiverr, but like >> I am not paying ex like we don't make enough to do that. We we we just don't.
only $800 limit only. It's until it's mild to me. Well, hopefully they got it cleared up. But that is that is city for you. That is that is the encapsulation of city.
>> Also, Matt and double in theory, yes. In practice, not right now. Here's the problem with paying somebody to make art for us. And this is this is totally an us thing. we figure out what we're going to talk about 20 minutes before I make the link for the thing.
>> I am not enough of a jackass to go to somebody and be like, "You have 20 minutes to make this thumbnail." Chop chop. Um, >> I make the art for the for the the show, the actual podcast after I've edited the podcast because that's when I come up with the title for it. Like the problem is our workflow is not is is not possible unless I or you if you're editing that week create the art. We just we don't have time unfortunat like if I was artistic in that way it'd be great right. I just you and I have many talents. That is that is not one of them.
>> Yep.
A6 on an A330 Neo to Amsterdam. Nice.
>> That is very nice.
>> Jet fuel. That is that is a big one.
Um, yeah, the and my workflow for my channel is frenetic as all hell. There's no way I could I could conceivably keep a thumbnail person on tap because it's like, hey, I just shot this and I'm editing it and I need it up in like 15 minutes and go.
you're you need to come up with like a structure and like a posting schedule and like a a thing and yet one day you will it's just going to it one day one day you will one day you will have a posting schedule. You know what also would be nice? SD cards because the price I paid for my last round of SD cards made me physically ill for a minute.
>> Yeah. Cuz now I got the good camera, guys. I love my good camera. I have to get the good cards. This is the problem with the good camera. The ones I bought from Walmart literally 3 weeks ago, I cannot use.
They went to a good home.
>> That's fair.
Uh let's see other things. Bank Prime Day. If there are SD cards like on discount for Prime Day, it's going to be my paycheck. It's going to just be like take all of my cuz I want to buy them and not have to worry about it for like the next year or two, but I need them to come down before I do that.
>> Yep. So, they're still doing transfer bonuses. They have one right now going on right now. Um, >> Diamond, I hope you're wrong, but it's going to take the bubble bursting with AI, and I can >> I don't need it to come down. I just need a really good Prime Day deal.
>> That That would That would also be nice.
>> Yeah.
Someone tried to take my exit row seat on the way to Amsterdam. I told her to get out. She got mad. And then the flight attendant came. Well, if it wasn't her seat. And then the fire nation attacked.
>> Yeah, I'm slightly bummed that I'm miss on the multiple custom cash train. I was actually gardening waiting to get my first custom cash card instead. I had to product change my double cash yesterday.
So, I'll just settle with the one. You could apply for another double cash in the future and convert that or a strata premiere or potentially a strata card.
Like there there's potentially ways to keep getting them to build up a squad. I do >> I do wonder though if yes, you can product change, but if they see you have multiple at this point, they might I don't I don't know, right? But that might also happen. That >> hasn't stopped them before.
>> I know, but they also just killed the card.
>> Yeah, but now they're going to enforce the rules. Come on now.
>> You know, this is this is where we were.
>> Yeah. I also went to Best Buy on Saturday and there were literally no good SD cards. Like they were all like the V30s. Like it was it was sad.
>> So with the custom cache being discontinued, what is the new number one card for gas? Uh >> AAA is >> AAA is still 5% on I think $10,000 in spend.
So that one's still pretty good. That's the travel rewards, not the everyday advantage. The travel advantage card is the 5% gas. Um, the Kroger cards are discontinued for the moment, so it's not going to be those. The PayPal system got nuked, so it's not that uh with the new PNC version of preferred preferred rewards that they have. Um, oh, USA cashback. Okay. Uh, Costco card for gas is, I think, four or 5% now for gas. So, that can definitely work.
Windom business earners four is eight times points if you can use Windom points. The MX business gold is 4% uh if the annual free doesn't bother you. Yep.
>> And that's one of your top categories.
That's the thing is with that card, it's got to be one of your top.
>> Yeah. But if you only buy gas with it, you're fine. Um, if you like Hilton coins, the Hilton Surpass is fine.
>> Um, >> for cash back and like best cash return uh, of what is publicly available, the as I said, the PNC like PNC has a gas category card that will get you a pretty decent return, especially if you're in their new system that will award you for having um, a large bank account with them. Uh, I can't really think of too many others that are 5%.
Langley is 5%. Um, I can't think of any others offh hand.
If you use Exxon Mobile City has a co-branded card with them. I think it's only stamping credits. Yeah, but you're also like saving however many cents per dollar on gas using that card, which is huge. I think you pay the cash rate when you use that card, which in some places is like 10 to 15 cents cheaper. Also, you should just be a Costco member.
Like, I am a Costco member. I don't have a Costco like within three hours of me.
I am a Costco member because you can you can order online.
>> Yeah. Um, this is cool for dining and gas. Can be a decent card assuming you mostly just uh Yeah.
Well, Keith doesn't have to worry about it because skip the card and get an Eevee. Yeah.
Well, you know, then you can get 4% a card is also 5% on uh EV charging.
>> Ooh, that's an interesting thought.
>> So, the freedom flex but make it city.
Maybe. Um I So when I did my uh video last night highlighting that Empower was the uh trademark that I found with Strata Select being dead, I was kind of thinking and I still think that this is the card to model, not the Freedom Flex.
Screw the Freedom Flex.
do the um US Bank Cash Plus model and >> the cash plus model would be great.
>> Altitude Go uh all it gives you 4% on gas. I think it's capped, but it's uh yeah, that was the Old City dividend card. The difference with the dividend card was the dividend card let you spend all $6,000 allotted to you in the year all at once if you wanted to, which was cool.
5x cash. You can do a point accelerator.
Oh, and point accelerator on the built palladium makes a fair amount of sense as well. You got to spend 200 built cash to get to use it, but like and you only get five of them, but if you really want to, it's a 3x catch all.
Hey man, I'm willing to put in some research on weird [ __ ] Do you? So, I'm looking at the Kraton Barrel card right now. 10% back on Kraton Barrel, Kraton Kids, CB2, Hudson Grace, 4% back on home retailers and grocery, 4% back on apparel retailers through 630 of 26. So, that's a little and then 1% everything else. So, if you're Keith, you can have a brand new house every 6 months just purely on the things that you bought at Crate and Barrel.
Um, sure.
Sure. Can uh 4% back on eligible gas and EV. So, the Costco card is 4% back on eligible gas and EV on 7,000 combined spend. The autograph is 3% on gas across the board.
Why they would put the freedom unlimited, I don't know. Why they would put the everyday, the blue cash everyday, I don't know. Customize cash rewards I think has gas category and you can get up to 4.5.
>> Absolutely correct.
>> And then there's what you're earning categories. Sorry.
Uh 6%. Okay. Uh I don't see the list of categories. Okay. Whatever. Um, yeah, best gas card cashback option is not great, but you can do pretty well with Hilton uh Costco. Oh, 5% at Costco.
Yeah, 5% of Costco gas, 4% on other car on others.
Um, yeah, there's there's got to be another one.
>> There's a decent amount of cashback cards for gas. Oh. Um, Sam's and BJ's both have credit cards that are pretty decent for buying gas at them as well because you get the member rate and you get the savings.
Uh, PenFed Platinum Rewards. I don't remember how much that is, >> but yeah, there there's a ton of options for gas like >> Yep.
I'm primarily using my autograph card for gas, but like Well, no, right now I'm using my uh JetBlue Premiere because 100,000 points.
>> I am not using a card for gas because I do not uh drive a gas powered vehicle.
>> Yeah. Okay. So, the PenFed Platinum Rewards is 5x 5% of gas and there's no cap.
>> Nice.
>> Yeah. So, if you qualify for pen for Wow. If you qualify for penfed, there we go. 5% on gas paid at the pump and EV charging stations, 3% at supermarkets, including most Target and Walmart locations and restaurants and on TV, radio, cable, and streaming services. 1x on everything else. And it's got a 15,000 point welcome offer um when you spend $1,500 in the first 90 days.
>> Cool.
>> It's not bad.
So, if you qualify for PenFed, the PenFed U platinum rewards card is pretty dang good.
>> Matt, please get your fairy wand out.
>> Double, I know you recently started a relationship with this bank.
I would intensify that relationship as quickly as possible and um see if you could like upgrade your account to the premier checking account and then apply for the premier version because I think that they'll just give those away if you have a premier account.
>> If you have a 100,000 in dead cash to just park at US Bank, that's a great idea. Most people do not have 100,000 in dead cash to just park at US Bank.
>> Yeah. Them turn and dead cash meaning that like you have to put it into their checking account. Yes.
>> Yeah.
>> Like that's the thing is US Bank did it in the dumbest way possible like because people just used it. I every time I log into US Bank I have a hey do you want to apply for this card? Do you want to apply for this card now? How about now?
Yeah. So, it is it is fun. Uh, what else do you guys want to talk about? There's not a whole lot of news. Um, I'm going to be redoing my desk after this, so that'll be fun.
Uh, because I really like having a camera, but it is not in the most convenient location. So, I've got to change that. Um, what else? What else is there? Um, we did change our membership uh tiers. We now have two. Um, Friend of the Show is the higher tier. Um, SYP Insider is uh the lower tier um in terms of uh cost per month. Um, so please go check out sackupoints.com.
You can learn more about that. It has been a week since Hyatt changed everything. Um, the sky is not yet fallen. Uh, but Hyatt Hyatt did do their thing. Matt, any thoughts, feelings on the Hyatt situation?
>> We're going to see how it goes with Hyatt overall. Like the worst of it is probably at least a year from now. Um, in terms of like how bad things will get. So, we'll just have to wait and see. However, if you are explorist, a globalist, or you hold the world of high credit card, you can now book get an extra month of uh being able to book out. So, that's cool.
No, QC man. It's um 100,000 has to be in a I think it's like 01% um checking account to get the 4%.
>> Yeah. On like $10,000 of rewards.
>> And the the um Long Island is like on strike right now.
>> Yep.
Um yeah. And they're I don't remember what the prices are supposed to be between um like >> it was a couple hundred bucks I think.
>> Yeah, I think it's like $150 to ride the train to um not life.
No thank you.
>> Uh let's see here.
See if it'll uh they've lowered it to $89.
Uh >> the road distance is 8.6 miles.
The actual distance is many light years.
>> Um QC man, it's the other side of the Pritzkar family. It is not JB specifically. Like I've looked into it.
It's JB's cousins.
He's not the one being like, "All right, I need to sign this law for Illinois and then I need to go do a Hiatt devaluation." He is not. He is not both sides of that.
>> No, Penny though. No, I'm kidding.
>> Uh but no, he is he is not the one personally devaluating high.
>> Also, JB's not running for president.
That's a That's a whole other ball of wax.
>> Yeah. We're going to get stuck with Gavin and I hate it.
>> Yeah.
Yeah.
Yeah. So, uh any other things you guys want to talk about that's not that topic? because I like monetization and I would like YouTube to not demonetize this video.
>> That would be ideal. That would be ideal.
Um I don't know who can win.
>> Matt, how about the Mets?
>> They're in a Mets hat. bad.
>> I want to know I like I want a live cam of you when that Inside the Park grand slam happened.
>> Oh, no. I just don't pay attention at this point. Like I've I've given up on the season for now.
>> You've already given up?
>> I root for teams in blue and orange that aren't the Knicks. My life is pain.
>> Are you going to support the Knicks in the final?
I feel like if I do that, I would be shot >> because again, >> why >> I am the harbinger of pain.
>> Why would I do this? Like I'm I'm genuinely asking why why would I do this?
>> I have priority pass on my platinum and I have never once used it.
>> Do you want to see a firing map?
Um, I don't know that firing Menendez fixes this and David Sterns won't do it.
I don't know that firing David Sterns would fix this because they just waited all that time for David Sterns. Um, also Ozmpic not that bad. I'm on its cousin.
It's fine. I'm not >> I think he's more mostly saying he's he's doing it to lose uh >> he's doing it to lose weight to run for president. Yeah.
>> Yes. Um, Red Sox are 23 and 32. The uh Mets are 23 and 33. So, like we're we're right there in the pain together.
>> Yep.
>> Baseball today. Baseball can't hurt me today.
>> Product change of double cash from cash.
I just did it right now. There you go.
>> There you go.
>> It's still active for now.
>> Um, I thought you said you were done with your other US bank cards. I might have misunderstood something you said earlier. Oh, no. She's just not sure if she's going to keep her US Bank cards.
>> Yeah, it's a question of like keep them as they are or cancel them. It's not a question of change. Like none of the other cards appeal to me.
>> I have >> I >> two priority pass cards now.
>> I have I have the platinum. I'm sure I have others, but I I think the built card has um priority pass as well. I just like the where I fly is a hub for Delta. So, I have lounge access there and I've I know where I'm going. Like I'm going to be in Detroit or I'm going to be Atlanta or I'm going to be at LaGuardia.
>> Mhm.
>> So, like I know I'm going there. I know the good ones in Atlanta. I know the other ones. So, for me it's like I I'm I'm good. Yeah. Like the one I was in for San Diego was lovely. We were there for a couple hours. It was great.
Woody Johnson finally won a trophy with Crystal Palace.
Yeah.
Yeah. Um I feel like the American owners of uh English football teams um sort of just let people do things properly whereas here he doesn't. Although Darren Muji seems to be doing seems to be getting his flowers right now, which is weird that there's competent management being praised. Uh yes, QC man, the JetBlue prior does have priority pass restaurants, so that's sweet.
>> That would be fantastic.
>> Yeah.
>> Um there is a new lounge that opened at MSP this week um from the folks who do Gameway. So that's cool. It's got a robotic bartender. So, who knows what that's going to be like.
>> I uh >> It's like Gameway but for adult.
>> Okay. I don't know how I feel about a rotic bartender. I'm sure the pores will be more accurate, which I'm sure people will not like.
>> Like that's the thing when you go to like speed pores and things like that, the pores are accurate. People do not like that.
>> Yeah. Uh so it never actually gained restaurants. That was a mis miscue. Um I think it was a mistake from Mastercard because Mastercard recently added its new lounges and like world world legend Mastercards get access to that particular like restaurant lounge but and I think they I don't know what the hell happened there. It was it was silliness but it wasn't actually Bolt's fault which I will give Built credit when it's not their fault. But yeah, >> uh so apparently the Aura Ring 5 is now out. Pre-orders are $4.99 uh for the gold >> bucks.
>> Uh so let me see cuz I have an Aura Ring. I really like it. So let me see if I'm going to next year upgrade to the five. Oh, it's $3.99 for You know, we were saying if you have an Aura Ring, why would you like need the credit again? Well, guess what? Aura Ring just came out with a new one.
Um, I did not at all look at the musical instruments. I was looking at camera bodies and lenses and things. So, I just was not in that particular part of the store. Um, so I don't actually know. I could spend a lot of time and a lot of money there if I really uh put my mind to it. So, I tried to actually physically be in store as little as possible.
Yeah, I they probably will.
>> Yeah, >> it's far enough out that if they're not hitting their sales target, they'll slap a nice big sale on it.
>> The problem is a lot of people have already used the Aura Ring credit for the year, so like they've got to wait until like I have to wait until um January.
>> At least I know my size, so like I don't have to worry about that.
>> Yes. And you can stack those a whole bunch of different ways.
>> The thing though is like for like sleep tracking, heart rate, things like that.
It is nice. Uh I'm a woman so there's other things that you can track. You know, things like that help.
>> Yep.
>> Going to seven.
>> And the Knicks get to rest up. So there's that. Um, not that I'm saying the Knicks are going to win the NBA final or anything like that, but like they're in they get they've got their downtime right now. Sometimes downtime can be a good thing.
>> Besides during the turn a 6x dining card using Racketin dining um per shopping portal, are there any other ways to get more than 1x base multiplier through other workarounds? Uh, purchasing.
>> You can book hotels through travel.
There's book hotels through travel.
There's the direct airline purchases.
There is they always have spending offers on the card for sure. Um whatever purchases you can make through Racketin and just making Racketin a membership reward point earning capability adding in the Racketin card for sure, but like based just on the card itself. Um no, but they need to add an accelerator to that card. They do. The nice thing about the platinum though for me like I will take 1x if I want the purchase protection.
>> Yeah.
>> So you do have to balance that, right?
Like it's not all about points.
Sometimes it actually is about uh purchase protection. Get the business plat and spend and spend more than 5k.
Again, like that's a lot to drop >> at once, right? Like there it's easy to say that, but again, you got to drop 5K in a single purchase. It's not like if you spend 5K over like seven purchases, you get it.
>> Yeah.
>> And yes, it is a >> general contractor.
>> Yeah.
>> Physical help.
>> Being a general contractor, I'm sure, helps.
>> Yeah. Because they're base 2x. Um, also, Bank of America has launched uh credit card referrals now. So, you can earn up to $100 >> per referral, up to five times per card >> if you're in the Bank of America ecosystem. Um, Bank of America has realized, hey, getting more customers always a good idea.
>> Matt, we have we're we're at an hour and 56 minutes.
>> Yep.
>> Uh, what is your prediction for the next card that we talk about as quote breaking and quote news?
Hoping it's a high a premium Hayatt card. I'm hoping it's a premium H high card because I'm holding out hope for a premium H high card. Um what's the next thing Wells Fargo is dro Oh, sorry card. Yeah. What's the next thing Wells Fargo is dropping? Um update to the travel portal.
>> Yes.
>> Don't have anything else yet, >> but I should know soon.
So, it's not if it's better or not. It is very good and their process from the claims perspective tends to be very good. It's that I don't have either the CSR or Ventrax. So, I don't care about their purchase protection because I don't have it. So, for me, the Delta cards or the platinum are where I put things that absolutely need that protection or I just buy protection. If it's like an iPhone, I'm just going to buy Apple Care.
>> Yeah.
CSR or the Venture X as your base card and they had those purchase protections, you'd probably be prioritizing those that one or two.
>> I am not looking forward to the price of Apple Care on the new folding phone.
>> No, that's going to be expensive.
>> I am WWDC is in like two weeks. So, we're gonna we're going to get a taste of a few things.
>> Dropping the phone then.
>> No, no, no, no. But they'll what they bring up then is going to directly relate to what the phone is going to look like in September.
>> Oh yeah. Yeah, that's fair.
>> So, >> um, next card news surprise transfer partner acquisition or loss? Uh, my friend >> Wells Fargo is getting Delta.
>> Uh, no. No, they're not. Um, >> Wells Fargo is one to one with MX.
>> That would be fun. Not it'd be interesting. Um you you'd sooner see Wells grab like Rove or Built. Um but >> Wells Fargo buying built right now would be hilarious.
>> Yes, they I I have to imagine they have first right of refusal to buy them.
>> I think they want right of refusal at this point, but like no. Um Built's not getting sold anytime soon. Uh anyway, but if they were, I have to imagine that the original structure of the deal with Wells Fargo was Wells would get first right of refusal if it ever came up to that. Um yeah, next transfer partner thing I would have to imagine is uh honestly not going to be credit card specific. I think it's just going to be Ro is going to come out with another surprise transfer partner because I can't think of anyone else built can get right now that's really going to blow the doors off of anything.
>> Um Rove could get one of the big three in the not too distant future >> and that would >> Yeah, >> United would be my guess just because Built has it and they're the only one of the big three outside of that >> outside of their primary partner.
>> Um I don't know if it's gotten worse. I think they're just much more into branded categories.
>> Uh, so let's see. Why? Yeah, I don't think it's gotten I I think they've sort of I I personally think the Freedom Flex has just run its course. I think rotating category cards have run their course. Um, I think the the best way to give the Freedom Flexer a facelift is just make it the US Bank Cash Plus card for Chase. Honestly, >> fantastic.
>> Um, >> I am definitely getting the new phone.
Are you definitely getting the new phone?
>> The folding phone. I don't know.
Probably getting an iPhone 18.
I don't know that I want to like there's a big part of me that's going to want the folding phone because new tech, new toy.
>> Um there's another part of me that goes first generation, let them work out any kinks that are going to arise. They think they've worked out the kings, but they probably haven't worked out the kings.
>> I agree with all of that and I will be ordering the folding phone the second it launches. Uh and thank you for the dollar99 QC man.
>> Thank you sir. Auto 1.5 and the Wells portal. Matt, I don't know. I'm hoping. Um, and if not 1.5, at least 1.25.
Uh, Sam, I really hope that a BNPL firm doesn't buy them. I would much rather Chase buy them. I would much rather Wells Fargo buy them. I would much rather a bank buy them. They would lose Lu Hansa in that process, which would suck. And like those people are doing awesome things, and I don't want them to necessarily lose their jobs. But I'm really hoping that like Clara doesn't buy them.
Uh do you think there'll be any lawsuits between Wells Fargo and Built because of the breakup? I'm surprised where it's in May and it's been six months. Honestly, I would imagine that >> if there was going to be, I would have expected it to have happened by now.
Yeah, I don't think there's going to be any lawsuits on that one just because like Wells Fargo still remains an investor and like I still think they have their investment contracts. I don't and I'm sure that Built probably had to pay them a kill fee. Maybe Built had to pay them a kill fee or Wells Fargo just cut their losses and consider that, you know, the continued losses as the kill fee.
>> I get it. I gave up my iPad mini because I want an iPad mini in my pocket. She did.
>> She did. I don't know that there's gonna be anything that comes from it, but >> we'll see.
>> All right, Matt, we've hit our twoour mark.
>> We have >> Is there anything else you would like to talk about this week?
>> Uh, no. I think we're good. I don't know that there's any I will sometimes have like my various sources up just to see if anything breaks after 10 o'clock at night. Why? I don't know. I'm weird. Um >> sometimes it does.
>> God knows what gets posted in the r/creditard subreddit sometimes. Um or the Chase Sapphire subreddit sometimes.
So, >> no, I think we're good. Um we will have to we will just have to wait and see what the next rounds of uh news will be.
We're getting it to the end of the first half of the year. So, you know, this is the end of Q2. We're coming up to the end of Q2. Um, summer travel is about to start. So, if there's any card issuers that want to try and capitalize on summer travel and capitalize on uh grabbing people's attention for the beginning of summer travel, um, releasing a refresh would probably be, you know, in the next three to four weeks would probably make a certain amount of sense.
Hint, hint, wink, wink, nudge, nudge.
Chase or City get on it. Um or MX with the green because MX promised more refreshes and they've been silent on that front. Like yeah, they've added new credits to the business cards and they're killing the corporate card program or they're killing the >> save the discount um at the end of next year or like in October of next year.
And that was another big piece of news that dropped today. But like I didn't find the space for it in Tidbits and we don't hold we don't utilize the discount.
>> We're not we're not really the corporate card market.
>> No. Um although I'm surprised that you don't get a that you don't qualify for the discount.
>> You have to have a corporate card.
>> Yes. But I'm sure that Oh, you have to personally hold a corporate card.
>> You have to hold a corporate card.
>> Okay.
>> I do not. I I am trusted with many things at my job, but a corporate card is not one of them.
>> Fair. Fair. Um I also am not trusted with a corporate card at my car at my job, and I don't necessarily want to be.
Um so yeah, no, that discount's going away, but like we're still waiting on a green refresh.
>> I'm I'm genuinely agree. I'm shocked that it hasn't happened yet.
>> Yeah, I thought it would have happened last month. I'm surprised it hasn't happened this month.
Um, >> we haven't heard about the many worldwide either.
>> No, like the last worldwide piece of news that I remember is that they're killing um Etsy HUD as a transfer partner worldwide right now. There have been other cards that have been refreshed in the last 12 months worldwide. Um, I think the German platinum got a refresh not too long ago, but like they were still doing platinum refreshes. Um, I thought they would be accelerating more uh US-based refreshes.
So, yeah. Uh, I don't know. Um, still no World of Hyatt uh a higherend World of Hyatt card. The next date to possibly hope to see one would probably be June 30th with the new booking uh capabilities that they're giving extending to explor um explorers, globalists, and card holders. Um, yeah, it it does suck for those folks.
Oh, okay, good. Um, but yeah, no, I can't really think of anything else. We'll just have to see uh what else what else springs up. But like last week there was nothing. The week before there was nothing, and this week there was the custom cache. So, news can change on a dime.
>> It can. Matt, the plane has landed. Take us home.
>> Hey, that means it's time to say good night, Matt.
>> Good night, Matt.
>> Good night, R.J. Night, everyone. Oh, Blue Origin just lost rocket.
>> Yes, I saw that. It's not good.
>> All right, on that on that lovely note, everybody, be safe. Have a good week.
We'll see you on Monday.
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