This video is about strange credit card hacks that can increase your credit score and save you money, including getting late fees waived, using a credit card to earn cash back on large purchases, removing annual fees on credit cards, utilizing credit utilization to boost your credit score, and a potentially risky method of creating an infinite money glitch.
This video by Daniel Iles was published on Dec 9, 2022. Video length: 04:55.
The video is about strange credit card hacks that can increase your credit score and save you money.
The video discusses various hacks, such as getting late fees waived by calling and offering to turn on automatic payments, using a credit card to purchase a Tesla and earning cash back, removing annual fees on credit cards by utilizing the Truth in Lending Act, boosting your credit score by keeping credit utilization below 30%, and creating an "infinite money glitch" by using prepaid money cards to pay off credit card balances.
The video also warns about the potential risks and consequences of some of these hacks.
Credit card late fees can be waived by calling the credit card company and explaining the situation.
By making a large purchase through a third-party service, it was possible to earn cash back or points on the purchase.
This loophole has been closed and is no longer possible to exploit.