Credit Cards

I have a few friends that are deep in the credit card game. They talk about how they rarely pay for flights, book stays at luxury hotels, and skip the line at the TSA all through their credit card. I was skeptical at first, it sounded too good to be true.

Last week, I signed up for my first US credit card. I received a $250 bonus. On top of that, I get cash back on all purchases which can be redeemed for flights, hotels, experiences, etc. Additionally, I get trip cancellation insurance, purchase protection, car rental damage waiver, and so much more.

I remember being appalled when my friend told me about his $550 annual fee credit card. But then I read about the numerous benefits including a $900 sign up bonus, $300 yearly travel credits, lounge access, no foreign transaction fees, and even higher cashback on multiple categories. For someone like me that’s planning to travel a lot, the card pays for itself.

And understanding the basics of the credit card game wasn’t difficult. Spend an evening watching Daniel Braun’s YouTube channel (if you’re based in the US) and you can learn all you need to know about credit cards. Of course, you can dive deeper into the rabbithole, but one evening is all you need and it can mean the difference in saving plenty of money down the road.