Unboxing My NEW Credit Card | $30K Credit Limit

The video is about the YouTuber unboxing his new Chase Sapphire Reserve credit card, discussing the credit limit, approval process, and reasons for getting the card.

This video by Brian Jung was published on Aug 11, 2023.
Video length: 11:14.

This YouTube video is an unboxing of a new credit card, specifically the Chase Sapphire Reserve card.

The video discusses the credit limit, the card approval process, and the reasons why the creator chose this card. They also mention the benefits and features of the card, such as access to the Chase Ultimate Rewards portal. The creator mentions their upcoming trips and how this card will be beneficial for those travels.

They also mention the 48-month rule for Chase Sapphire cards and the possibility of downgrading other cards in the future.

• The packaging of the card was disappointing compared to other cards the YouTuber has received.
• The credit limit on the card is $35,000 with a cash access line of $17,500.
• The YouTuber previously had the Chase Sapphire Preferred card and downgraded it to the no annual fee version.
• The YouTuber has been wanting this card for a long time.
• They have accumulated over a million points within their Chase account.
• The card allows access to the Chase Ultimate Rewards portal for higher redemptions.
• The Chase Sapphire Reserve card is heavier than a traditional plastic card but not as heavy as some other metal cards.

Unboxing My NEW Credit Card | $30K Credit Limit - YouTube

Unboxing the Chase Sapphire Reserve Card

• The packaging of the card was disappointing compared to other cards the YouTuber has received.
• The card can be expedited upon request, but the YouTuber chose to be patient this time.
• The credit limit on the card is $35,000 with a cash access line of $17,500.
• The YouTuber previously had the Chase Sapphire Preferred card and downgraded it to the no annual fee version.
• There are multiple versions of certain cards, such as the Chase Sapphire and Chase Freedom cards.

Reasons for Getting the Chase Sapphire Reserve Card

• The YouTuber has been wanting this card for a long time.
• They have accumulated over a million points within their Chase account.
• The card allows access to the Chase Ultimate Rewards portal for higher redemptions.
• They have upcoming trips planned and want to take advantage of the card's benefits.
• Chase has a 48-month rule for their Sapphire cards, so the YouTuber wanted to apply before the wait period reset.

Benefits and Features of the Chase Sapphire Reserve Card

• The card has an annual fee of $550.
• It provides access to the Chase Ultimate Rewards portal for point transfers.
• The card offers benefits and credits that last for 12 months from the application date.
• Chase has a 48-month rule for receiving welcome bonuses on their Sapphire cards.
• The YouTuber is excited to use the card and has no plans to downgrade any other cards at the moment.

Unboxing My NEW Credit Card | $30K Credit Limit - YouTube

Comparison to Other Credit Cards

• The Chase Sapphire Reserve card is heavier than a traditional plastic card but not as heavy as some other metal cards.
• American Express cards, such as the Platinum card, are considered to have better weight and feel.
• The YouTuber mentions other cards they have, such as the Built MasterCard, but stops comparing it to the Chase Sapphire Reserve card.
• They have multiple travel credit cards and have been conservative with their Chase points.
• The Chase Sapphire Reserve card allows access to the Chase Ultimate Rewards portal, which was not available with their previous card.

Card Features and Benefits

• The YouTuber uses the business platinum card for business expenses and finds it easier for bookkeeping.
• He has automatic subscriptions set up on his Amex cards and has received free offers from Amex recently.
• He has posted some of the offers on his Instagram page.
• He finds the packaging of the Chase Sapphire Reserve card to be similar to other cards.
• The card has a 22.24% APR, $550 annual fee, and a $40 late payment fee.

Chase Account Setup and Organization

• The YouTuber already had a Chase account and found that the Chase Sapphire Reserve card was already set up in his account.
• He nicknames his cards to stay organized.
• He mentions that the Chase Sapphire Reserve came with an Ultimate Rewards portal packet.
• He wishes that credit card companies would improve their packaging.
• He has multiple accounts within his Chase account, including business lines of credit.

Card Approval Process

• The YouTuber applied for the Chase Sapphire Reserve card using a link in the video description.
• His application initially showed as pending, which surprised him because he already has multiple Chase cards.
• He received a call from Chase about 30 minutes later to confirm his application.
• He was approved for the card and received it within three to five business days.
• He transferred his points to the Sapphire Reserve card, bringing his total points to over a million.

Using the Card and Welcome Bonus

• The YouTuber plans to track the welcome bonus offer, which requires spending $4,000 in three months for 6,000 points.
• He has upcoming birthdays and other expenses that will help him reach the welcome bonus.
• If he can't reach the bonus through regular spending, he will put business expenses on the card and make a note for his accountant.
• He currently has around 17 or 18 cards in his portfolio.
• He plans to hold the Sapphire Reserve card for one to two years and will compare it to the AMX platinum card.

Unboxing My NEW Credit Card | $30K Credit Limit - YouTube

• The video discusses the YouTuber's new Chase Sapphire Reserve credit card.
• The YouTuber talks about the credit limit on the card, which is $30,000.
• He mentions the approval process for getting the card.
• The YouTuber emphasizes the importance of paying off credit card debt before focusing on travel rewards.
• He provides a link in the video description for viewers interested in applying for the Chase Sapphire Reserve or other cards.
• The YouTuber encourages viewers to subscribe and join the Facebook group for credit card tips and tricks.

Watch the video on YouTube:
Unboxing My NEW Credit Card | $30K Credit Limit - YouTube