Preparing video...
0:00 / 0:00

Credit Card Secrets!

878 views
DansDeals avatar
DansDeals

Transcript

Auto-generated transcript. Not time-synced to the video.

Here's a credit card secret nobody's talking about. The best time to apply for a credit card is right before a bank refreshes it. This Thursday, MX is completely overhauling their platinum consumer and platinum business card. Historically, that means they will be raising the annual fee, but they will also be adding a lot of new benefits. The thing about banks is they don't like to upset their current customer base like any company. So, they're not going to raise the annual fee for current card members until their next annual fee hits. Yet, they're still going to give them access to all the new benefits, which means the very best time to sign up for a credit card is right before the annual fee is raised. So, for the MX Platinum consumer or business card, that means applying before September 18th is the best time to apply for this card because you're going to get all the upgraded benefits and you're going to have a full year of paying the lower annual fee. If you've ever considered applying for an MX Platinum card, I highly recommend you do it within the next 24 hours. On 918, I'm going to be breaking down all of the new benefits.