The BEST Dropshipping Credit Cards For FREE Money & Points!
Published on: November 27 2022 by Peter Pru - Ecommerce Empire Builders
The BEST Dropshipping Credit Cards For FREE Money & Points!
Table of Contents
The BEST Dropshipping Credit Cards For FREE Money & Points!
| startTime | durationTime | text |
| 00:00:00 | 00:00:05 | today we're toking about credit cards |
| 00:00:02 | 00:00:07 | for your drop shipping business which |
| 00:00:05 | 00:00:09 | credit cards are best which ones you |
| 00:00:07 | 00:00:10 | should stay away from and how to pick |
| 00:00:09 | 00:00:12 | and choose the right one so you can |
| 00:00:10 | 00:00:14 | maximize reward points so you can travel |
| 00:00:12 | 00:00:20 | for free or pay off your credit card |
| 00:00:14 | 00:00:22 | debt before we go into all the details |
| 00:00:20 | 00:00:23 | of which cards you should be using for |
| 00:00:22 | 00:00:25 | your drop shipping business I just want |
| 00:00:23 | 00:00:27 | to preface this on why you should care |
| 00:00:25 | 00:00:29 | guys the thing is when you start using |
| 00:00:27 | 00:00:30 | these kinds of credit cards for your |
| 00:00:29 | 00:00:32 | drop shipping business you can start |
| 00:00:30 | 00:00:34 | gaining a lot of reward points that |
| 00:00:32 | 00:00:36 | means for every dollar you spend you can |
| 00:00:34 | 00:00:37 | get a point or Morez we're gonna be |
| 00:00:36 | 00:00:39 | going through here but you can utilize |
| 00:00:37 | 00:00:42 | these credit card reward points for |
| 00:00:39 | 00:00:44 | things like traveling paying off your |
| 00:00:42 | 00:00:46 | credit cards with them really there's |
| 00:00:44 | 00:00:49 | tons of different options now I've made |
| 00:00:46 | 00:00:51 | a similar video in the past but some |
| 00:00:49 | 00:00:53 | things have changed in the credit card |
| 00:00:51 | 00:00:55 | some credit cards that I've changed |
| 00:00:53 | 00:00:57 | around to maximize the amount of points |
| 00:00:55 | 00:00:59 | I can get and I can tell you guys like I |
| 00:00:57 | 00:01:02 | have I in the past like three four years |
| 00:00:59 | 00:01:04 | have not paid for a flight I just booked |
| 00:01:02 | 00:01:06 | my honeymoon to Greece for three weeks |
| 00:01:04 | 00:01:08 | completely paid for just from using |
| 00:01:06 | 00:01:10 | these credit card points and if once you |
| 00:01:08 | 00:01:12 | have them like you can again you can use |
| 00:01:10 | 00:01:13 | them for a multitude of things but let's |
| 00:01:12 | 00:01:16 | get right into the few cards that I |
| 00:01:13 | 00:01:18 | recommend you guys use now according to |
| 00:01:16 | 00:01:20 | the last video and I still recommend |
| 00:01:18 | 00:01:23 | this card this is the first card I |
| 00:01:20 | 00:01:25 | recommend you guys get okay it is called |
| 00:01:23 | 00:01:26 | it's a it's a change chased by the way |
| 00:01:25 | 00:01:30 | guys has like the best cards in my |
| 00:01:26 | 00:01:31 | opinion as far as points go we'll go |
| 00:01:30 | 00:01:34 | into the American Express ones in a |
| 00:01:31 | 00:01:36 | second but the number one that you |
| 00:01:34 | 00:01:38 | should get is if you go under small |
| 00:01:36 | 00:01:39 | business under Chase credit cards I'll |
| 00:01:38 | 00:01:41 | leave a link down below if you do end up |
| 00:01:39 | 00:01:43 | using one of our Empire Builder links |
| 00:01:41 | 00:01:44 | you'll get some free money and will get |
| 00:01:43 | 00:01:46 | some free money both of us it's a |
| 00:01:44 | 00:01:48 | win-win so if you do plan to open these |
| 00:01:46 | 00:01:50 | we both get a bonus so it's not just |
| 00:01:48 | 00:01:52 | like as if I only get anything oh I only |
| 00:01:50 | 00:01:53 | get something but this one right here is |
| 00:01:52 | 00:01:56 | the one you want and I link I'll link |
| 00:01:53 | 00:01:58 | this one down below so these there's |
| 00:01:56 | 00:02:00 | often like these signup bonuses so for |
| 00:01:58 | 00:02:01 | example at this one you get 80,000 bonus |
| 00:02:00 | 00:02:03 | points after you spend five thousand |
| 00:02:01 | 00:02:04 | dollars and purchases in the first three |
| 00:02:03 | 00:02:05 | months most of us are going to spend |
| 00:02:04 | 00:02:07 | five thousand dollars within our first |
| 00:02:05 | 00:02:09 | three months of using a credit card guys |
| 00:02:07 | 00:02:11 | so right there you get eighty thousand |
| 00:02:09 | 00:02:13 | points that you can use for travel or |
| 00:02:11 | 00:02:16 | pay off your credit card right |
| 00:02:13 | 00:02:19 | equates roughly to $1,000 towards travel |
| 00:02:16 | 00:02:21 | now the reason I continue to use Chase |
| 00:02:19 | 00:02:25 | and this is a little a little like more |
| 00:02:21 | 00:02:27 | to credit card hockey but I with trace |
| 00:02:25 | 00:02:30 | if you transfer these points they |
| 00:02:27 | 00:02:31 | actually give you a percentage more so |
| 00:02:30 | 00:02:33 | you can see your 80,000 points is |
| 00:02:31 | 00:02:34 | actually equal to a thousand when you |
| 00:02:33 | 00:02:37 | redeem it through travel they give you |
| 00:02:34 | 00:02:38 | that that percentage increase but the |
| 00:02:37 | 00:02:39 | real thing that I care about because I |
| 00:02:38 | 00:02:41 | know some of you guys like well I don't |
| 00:02:39 | 00:02:43 | really travel much for you I don't care |
| 00:02:41 | 00:02:45 | well again I'm gonna show you why this |
| 00:02:43 | 00:02:47 | one is as good as you go as it gets |
| 00:02:45 | 00:02:49 | right you can earn three points on |
| 00:02:47 | 00:02:50 | travel and other select business |
| 00:02:49 | 00:02:52 | categories and again you're like Pete I |
| 00:02:50 | 00:02:54 | don't care I don't travel right I |
| 00:02:52 | 00:02:57 | wouldn't but listen to this guy's if you |
| 00:02:54 | 00:02:58 | I click learn more here and I know |
| 00:02:57 | 00:03:01 | there's an annual fee associated this |
| 00:02:58 | 00:03:04 | one but still you could see here the |
| 00:03:01 | 00:03:05 | additional earn three points per $1 |
| 00:03:04 | 00:03:08 | right that means you get three points |
| 00:03:05 | 00:03:09 | for every $1 up to 100 on the first |
| 00:03:08 | 00:03:12 | hundred fifty thousand dollars in |
| 00:03:09 | 00:03:15 | combined purchase on travel shipping |
| 00:03:12 | 00:03:18 | purchases internet cable phone services |
| 00:03:15 | 00:03:20 | and advertising purchases right there |
| 00:03:18 | 00:03:23 | those are literally all the expenses |
| 00:03:20 | 00:03:24 | basically of your business on this card |
| 00:03:23 | 00:03:26 | that you can put on and you're getting |
| 00:03:24 | 00:03:27 | three points right so that was three |
| 00:03:26 | 00:03:29 | points again you can redeem those for |
| 00:03:27 | 00:03:31 | free traveling right you could redeem |
| 00:03:29 | 00:03:33 | this for hotel rooms you could redeem it |
| 00:03:31 | 00:03:35 | for just paying off your credit card if |
| 00:03:33 | 00:03:36 | you want to and again there is an annual |
| 00:03:35 | 00:03:39 | fee associated with this card ninety |
| 00:03:36 | 00:03:40 | five bucks its peanuts guys compared to |
| 00:03:39 | 00:03:42 | what you're getting right and this is |
| 00:03:40 | 00:03:44 | only on the first hundred fifty thousand |
| 00:03:42 | 00:03:46 | dollars in spend again once you start |
| 00:03:44 | 00:03:49 | scaling your business like 150 thousand |
| 00:03:46 | 00:03:50 | dollars is it like I know for some of |
| 00:03:49 | 00:03:51 | you guys you're about 100 thousand I was |
| 00:03:50 | 00:03:53 | like I'll never spend a hundred fifty |
| 00:03:51 | 00:03:54 | thousand dollars a year on advertising |
| 00:03:53 | 00:03:57 | you'll get there you will and this is |
| 00:03:54 | 00:03:59 | why after you hit this hundred fifty |
| 00:03:57 | 00:04:01 | thousand dollars I recommend you go to |
| 00:03:59 | 00:04:06 | the next card and this is the American |
| 00:04:01 | 00:04:08 | Express gold card okay now there is a |
| 00:04:06 | 00:04:10 | pretty hefty annual fee with this one |
| 00:04:08 | 00:04:13 | it's two hundred and fifty dollars but |
| 00:04:10 | 00:04:16 | you get four points you get four points |
| 00:04:13 | 00:04:19 | for every dollar in the top two |
| 00:04:16 | 00:04:20 | categories that you spend so let me see |
| 00:04:19 | 00:04:22 | if it has it where it has after you |
| 00:04:20 | 00:04:24 | spend at the dirt aren't they at some |
| 00:04:22 | 00:04:27 | points so there's a little bit of a |
| 00:04:24 | 00:04:29 | bonus that you get here |
| 00:04:27 | 00:04:30 | to use your new car to make 2014 your |
| 00:04:29 | 00:04:34 | first three muscle give you 35 thousand |
| 00:04:30 | 00:04:37 | points here but but but let me see where |
| 00:04:34 | 00:04:40 | it lists out the four points right here |
| 00:04:37 | 00:04:43 | so for whatever reason it doesn't have |
| 00:04:40 | 00:04:45 | it listed here but you do actually get |
| 00:04:43 | 00:04:48 | in the top two categories that you go |
| 00:04:45 | 00:04:50 | into the top two categories that you |
| 00:04:48 | 00:04:53 | spend into you get four points per |
| 00:04:50 | 00:04:55 | dollar so here it's saying four points |
| 00:04:53 | 00:04:57 | at us restaurants four point at us |
| 00:04:55 | 00:04:59 | supermarkets up to 25,000 it's actually |
| 00:04:57 | 00:05:01 | not the case I've actually reached out |
| 00:04:59 | 00:05:03 | to them and made sure you'll see guys |
| 00:05:01 | 00:05:04 | like there's documentation this is one |
| 00:05:03 | 00:05:06 | thing I don't like about American |
| 00:05:04 | 00:05:07 | Express is like their documentation like |
| 00:05:06 | 00:05:09 | what though right here is not like |
| 00:05:07 | 00:05:11 | necessarily the right case what it is is |
| 00:05:09 | 00:05:12 | it's four points every dollar in the top |
| 00:05:11 | 00:05:15 | two categories that you spend so if you |
| 00:05:12 | 00:05:17 | spend the most in US supermarkets then |
| 00:05:15 | 00:05:21 | you'll get that and I believe it is also |
| 00:05:17 | 00:05:24 | up to 150,000 in spend so again this is |
| 00:05:21 | 00:05:25 | the card I would recommend after you max |
| 00:05:24 | 00:05:27 | out this card again you might be pay and |
| 00:05:25 | 00:05:29 | it's up totally up to you guys here |
| 00:05:27 | 00:05:30 | you're getting three ex points here |
| 00:05:29 | 00:05:31 | you're getting four X points me |
| 00:05:30 | 00:05:34 | personally I've always just stuck with |
| 00:05:31 | 00:05:36 | chase because I had all my personal |
| 00:05:34 | 00:05:38 | cards on there as well and I just wanted |
| 00:05:36 | 00:05:39 | to keep it you know some more simple but |
| 00:05:38 | 00:05:41 | if you're good just wanna if you want |
| 00:05:39 | 00:05:43 | the better card this one is really good |
| 00:05:41 | 00:05:45 | again you have the annual fee and plus |
| 00:05:43 | 00:05:47 | it's a cool-ass card I'm that's not even |
| 00:05:45 | 00:05:51 | a lie guys it's like it's a it's a nice |
| 00:05:47 | 00:05:52 | card but yet this would be the second |
| 00:05:51 | 00:05:54 | one I had now some of you might be |
| 00:05:52 | 00:05:57 | thinking well Pete like what if I don't |
| 00:05:54 | 00:06:00 | have like set up my LLC yet or I can't |
| 00:05:57 | 00:06:02 | really open up these um these accounts |
| 00:06:00 | 00:06:04 | yet because I don't have an LLC and |
| 00:06:02 | 00:06:07 | that's fine guys so I recommend you keep |
| 00:06:04 | 00:06:09 | it all separate right whatever your card |
| 00:06:07 | 00:06:10 | that you pick make sure like even if you |
| 00:06:09 | 00:06:13 | have to open even if you don't plan to |
| 00:06:10 | 00:06:15 | open up an LLC for your business in the |
| 00:06:13 | 00:06:17 | first like three four months of being in |
| 00:06:15 | 00:06:19 | business like you should still just open |
| 00:06:17 | 00:06:21 | up a credit card under your name just to |
| 00:06:19 | 00:06:23 | keep all those expenses completely |
| 00:06:21 | 00:06:25 | separate and you're not commingling like |
| 00:06:23 | 00:06:26 | business expenses with your own because |
| 00:06:25 | 00:06:28 | you your account to a when you try and |
| 00:06:26 | 00:06:29 | do your accounting at the end of the |
| 00:06:28 | 00:06:32 | year you're gonna have a you're gonna |
| 00:06:29 | 00:06:35 | have a tough time so I'm not 100% |
| 00:06:32 | 00:06:36 | certain on if you are gonna be able to |
| 00:06:35 | 00:06:40 | open these I don't believe so because |
| 00:06:36 | 00:06:42 | these are to business to business cards |
| 00:06:40 | 00:06:45 | so I don't believe you'll be able to |
| 00:06:42 | 00:06:48 | open up any any of the American Express |
| 00:06:45 | 00:06:50 | business cards or the chasing business |
| 00:06:48 | 00:06:52 | card without actually having an LLC for |
| 00:06:50 | 00:06:55 | your business so an alternative what I |
| 00:06:52 | 00:06:56 | recommend you guys do is there are two |
| 00:06:55 | 00:06:59 | chase cards that I these are like my |
| 00:06:56 | 00:07:02 | personal cards that I use one my fiance |
| 00:06:59 | 00:07:04 | uses one I use and they worked really |
| 00:07:02 | 00:07:06 | really really well together to maximize |
| 00:07:04 | 00:07:08 | points for yourself again like these are |
| 00:07:06 | 00:07:09 | the only four really like four or five |
| 00:07:08 | 00:07:10 | cards I have it there's a couple others |
| 00:07:09 | 00:07:12 | we're not gonna get into but like the |
| 00:07:10 | 00:07:14 | four my favorite ones right the gold |
| 00:07:12 | 00:07:15 | card the business ink which you just |
| 00:07:14 | 00:07:17 | went over from Chase and then there's |
| 00:07:15 | 00:07:20 | two more that I use as of my personal |
| 00:07:17 | 00:07:21 | cards and that is the chase freedom |
| 00:07:20 | 00:07:24 | unlimited card right here this is like |
| 00:07:21 | 00:07:26 | my fiance's card everything goes on this |
| 00:07:24 | 00:07:29 | card that she spends and you basically |
| 00:07:26 | 00:07:30 | earn unlimited right there is no cap |
| 00:07:29 | 00:07:33 | like the other ones or it's like 150 |
| 00:07:30 | 00:07:36 | grand in spend to get four points this |
| 00:07:33 | 00:07:39 | one you aren't unlimited 1.5% cash back |
| 00:07:36 | 00:07:41 | on every purchase right so 1.5% cash |
| 00:07:39 | 00:07:43 | back right it's not three it's not four |
| 00:07:41 | 00:07:46 | percent out of four points right but it |
| 00:07:43 | 00:07:48 | still adds up over a good period of time |
| 00:07:46 | 00:07:49 | this is a good like entry level card a |
| 00:07:48 | 00:07:51 | lot of you guys probably even have this |
| 00:07:49 | 00:07:52 | card right it's a decent card you get a |
| 00:07:51 | 00:07:54 | little hundred fifty dollar bonus when |
| 00:07:52 | 00:07:56 | you spend five hundred bucks on three |
| 00:07:54 | 00:07:59 | months it's okay it's not a great card |
| 00:07:56 | 00:08:02 | but the reason the reason we have this |
| 00:07:59 | 00:08:05 | card is because of having it with this |
| 00:08:02 | 00:08:08 | one as well this is a a Chase Sapphire |
| 00:08:05 | 00:08:10 | Preferred credit card alright this one's |
| 00:08:08 | 00:08:12 | a lot better it's more of their premium |
| 00:08:10 | 00:08:14 | this is more of the premium car of cards |
| 00:08:12 | 00:08:15 | it doesn't have an annual fee on the |
| 00:08:14 | 00:08:17 | first year but after that it's a ninety |
| 00:08:15 | 00:08:19 | five dollars but you earn two points on |
| 00:08:17 | 00:08:21 | travel and dining out at restaurants but |
| 00:08:19 | 00:08:23 | you get a nice sign up bonus here now |
| 00:08:21 | 00:08:25 | the reason I did get this card is |
| 00:08:23 | 00:08:26 | because I like to travel for free and |
| 00:08:25 | 00:08:29 | when you combine these two cards |
| 00:08:26 | 00:08:32 | together what I ends up happening is you |
| 00:08:29 | 00:08:35 | can transfer your points from these two |
| 00:08:32 | 00:08:38 | cards and use those for travel points |
| 00:08:35 | 00:08:40 | you get 25% more points so essentially |
| 00:08:38 | 00:08:42 | right if you get four points right when |
| 00:08:40 | 00:08:44 | you redeem it for travel you're actually |
| 00:08:42 | 00:08:47 | getting five point which again it does |
| 00:08:44 | 00:08:49 | add up a lot over over time and that's |
| 00:08:47 | 00:08:50 | why I use those two cards and those are |
| 00:08:49 | 00:08:52 | really it guys those are my only two |
| 00:08:50 | 00:08:54 | cards so if I were you |
| 00:08:52 | 00:08:57 | 100% get the biz |
| 00:08:54 | 00:09:00 | chase business Inc cart it is fantastik |
| 00:08:57 | 00:09:02 | ok next get or if you want just get the |
| 00:09:00 | 00:09:04 | American Express gold card there might |
| 00:09:02 | 00:09:08 | be some differences here we might be on |
| 00:09:04 | 00:09:10 | the page here that is actually for I |
| 00:09:08 | 00:09:11 | don't know if these are necessarily all |
| 00:09:10 | 00:09:15 | the benefits for the American Express |
| 00:09:11 | 00:09:18 | business card but well let's see here |
| 00:09:15 | 00:09:20 | let's see here real quick if we can find |
| 00:09:18 | 00:09:22 | where those other benefits are because |
| 00:09:20 | 00:09:24 | it is actually four points four top |
| 00:09:22 | 00:09:26 | categories but again it's their |
| 00:09:24 | 00:09:28 | documentation has been so strange on |
| 00:09:26 | 00:09:30 | this but I did confirm with them guys in |
| 00:09:28 | 00:09:32 | yo LA if you probably go do some more |
| 00:09:30 | 00:09:34 | digging you'll you'll see all that |
| 00:09:32 | 00:09:36 | you'll see all that in here but I'm not |
| 00:09:34 | 00:09:45 | sure let me see let me see if we type an |
| 00:09:36 | 00:09:45 | American Express gold card business |
| 00:09:49 | 00:09:52 | there we go |
| 00:09:50 | 00:09:55 | so you can see it here American Express |
| 00:09:52 | 00:09:58 | com Amex business gold card four points |
| 00:09:55 | 00:10:02 | on two categories so yes there is a |
| 00:09:58 | 00:10:03 | business class version of the card my |
| 00:10:02 | 00:10:05 | correction of my mistake guys so you can |
| 00:10:03 | 00:10:07 | open up a gold card for your own |
| 00:10:05 | 00:10:08 | personal use if you want to but this one |
| 00:10:07 | 00:10:11 | as the business one like that's the one |
| 00:10:08 | 00:10:12 | we we have not gonna expert that's what |
| 00:10:11 | 00:10:14 | we have right here |
| 00:10:12 | 00:10:15 | is the business one so if you open up |
| 00:10:14 | 00:10:17 | the business one you get four points I |
| 00:10:15 | 00:10:18 | adjust to your spending solutions to |
| 00:10:17 | 00:10:20 | help you meet your businesses I mean you |
| 00:10:18 | 00:10:22 | can't get much better than four points |
| 00:10:20 | 00:10:23 | I've never seen a card give more to four |
| 00:10:22 | 00:10:25 | points on again will link this one down |
| 00:10:23 | 00:10:27 | below if you want to guys we both get |
| 00:10:25 | 00:10:29 | some bonuses if you open them up I think |
| 00:10:27 | 00:10:32 | it's like a hundred bucks or whatever so |
| 00:10:29 | 00:10:33 | we both win win but on this card is |
| 00:10:32 | 00:10:36 | really good if you do already have an |
| 00:10:33 | 00:10:39 | LLC the business chase Inc preferred |
| 00:10:36 | 00:10:41 | which is fantastik and then if you do if |
| 00:10:39 | 00:10:43 | you don't have an LLC I still recommend |
| 00:10:41 | 00:10:45 | opening up either to this chase freedom |
| 00:10:43 | 00:10:47 | unlimited card for yourself to keep all |
| 00:10:45 | 00:10:51 | your expenses off of you |
| 00:10:47 | 00:10:54 | and the or the Chase Sapphire Preferred |
| 00:10:51 | 00:10:56 | credit card here as well so you keep all |
| 00:10:54 | 00:10:58 | of those things as a separate guys you |
| 00:10:56 | 00:11:00 | don't want to be mixing mixing up your |
| 00:10:58 | 00:11:01 | your business with your with your |
| 00:11:00 | 00:11:03 | personal accounting guys it's gonna be |
| 00:11:01 | 00:11:04 | such a headache for you when you do your |
| 00:11:03 | 00:11:06 | accounting at the end of the year or |
| 00:11:04 | 00:11:07 | even if you hire an accountant |
| 00:11:06 | 00:11:09 | to run those things for you but guys |
| 00:11:07 | 00:11:10 | that is it for today's video if you have |
| 00:11:09 | 00:11:12 | any questions or comments or if you |
| 00:11:10 | 00:11:14 | think I'm missing out anything I get way |
| 00:11:12 | 00:11:15 | too me too much enjoyment out of credit |
| 00:11:14 | 00:11:18 | card point hacking so if you have any |
| 00:11:15 | 00:11:20 | tips for me feel free drop a drop a |
| 00:11:18 | 00:11:21 | comment down below I'd love to hear your |
| 00:11:20 | 00:11:23 | thoughts on this or if your if you're |
| 00:11:21 | 00:11:25 | doing any cool things with your credit |
| 00:11:23 | 00:11:27 | card appoint hacking but guys if you |
| 00:11:25 | 00:11:29 | found this video helpful make sure you |
| 00:11:27 | 00:11:31 | smash that like button as well and a |
| 00:11:29 | 00:11:35 | fantastik I see your day and remember |
| 00:11:31 | 00:11:44 | your empire starts now |
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