Speaker 1: It's time for the b a q a A. The
Speaker 1: b a q A What is b a q a
Speaker 1: dude to be a q with to today? The b
Speaker 1: a q a A. Mandy and I are trying to
Speaker 1: zen out this book.
Speaker 2: Got the memo.
Speaker 1: Yeah, we're like.
Speaker 2: The vibe is calm and yes.
Speaker 1: Okay, So as you know for banda bitch in the
Speaker 1: question to answer you have questions, we have answered that
Speaker 1: you're supposed to run by your attorneys or financial planner,
Speaker 1: financial advisor. That ain't us. This is purely entertainment. Okay,
Speaker 1: So go see your grandma maybe your grandpa too, but
Speaker 1: not us. But if you do have some questions you
Speaker 1: like to be entertained with, then please go ahead on
Speaker 1: over to Branna Vision podcast on IG, the BA podcast
Speaker 1: on Twitter, Brandivision podcast at gmail dot com and Brannibision
Speaker 1: podcast dot com. Contact us, Hey look at me. Twenty
Speaker 1: thousand years later, your girl has the memory. If I
Speaker 1: think I was, I saw you out, I saw your face.
Speaker 1: I could see you're like this, she got it? She
Speaker 1: got it?
Speaker 2: No, no, no, no, no, my face. I was zoned out
Speaker 2: so hard I stopped listening and replaying the part where
Speaker 2: rock Sanne laughed at my joke.
Speaker 1: We just had an amazing If you have not listened
Speaker 1: to our episode prior to this, please do. It is
Speaker 1: with the incomparable amazing badass Rock sand Gay aka Mandy's hero,
Speaker 1: and so she's still recovering. So you know, because whena
Speaker 1: here comes alone, come on with the straight the cay.
Speaker 2: Annie, I'm gonna have to pay for your practice bill
Speaker 2: because you have been carrying me through this last ninety minutes.
Speaker 1: Now you slay please. Mandy did such a good job.
Speaker 1: But yeah, listen to that EPI. So we're gonna take
Speaker 1: a question. Do you want to read it? You want
Speaker 1: me to read it? How you want this to good?
Speaker 2: I'll read it. This is from two thousand. This is
Speaker 2: ninety three, right number twenty ninety three? Okay, all right.
Speaker 2: Whitney from email says, Hey, Mandy and Tiffany, I love
Speaker 2: the podcast. I'm trying to catch up on all the
Speaker 2: episodes in chronological order. Well, damn, when are you gonna
Speaker 2: hear this one? Feel like if you can. If you
Speaker 2: need timely information, don't send us a question. But anyway,
Speaker 2: I know you have mentioned cash back credit cards in
Speaker 2: past episodes and maybe in future episodes. I haven't gotten
Speaker 2: to yet, but I'm wondering which ones you recommend in
Speaker 2: twenty twenty four. Thank you for all that you do,
Speaker 2: all right. I was pleasantly surprised, Tiffany that when I
Speaker 2: googled this, which is what everybody can do, there's like
Speaker 2: a bunch of listicles. But the best credit cards are
Speaker 2: still in my wallet. They've been there for years. And
Speaker 2: what are those some ogs? Well, you know we love
Speaker 2: the Chase Good Time card. Yes, what is it really called,
Speaker 2: because you know Chase some fire reserved.
Speaker 1: Yes, you know that's the number one credit card in
Speaker 1: the country or something like that, most used or most
Speaker 1: And we actually had a woman on our podcast who
Speaker 1: started a company called Sequence Vernda. She was one of
Speaker 1: the while she was at the it was no visa
Speaker 1: at Chase, she was one of the I guess you
Speaker 1: could say creators of that architect Yes, I mean, we
Speaker 1: have bad ass women on our show, so yeah, the
Speaker 1: architects of that card. And she's awesome. She's got a
Speaker 1: company called Sequence which is like women like a money
Speaker 1: community and credit card or debit card for women by women,
Speaker 1: something like that. Listen to that episode.
Speaker 3: You got to hurt them anyway, I got yourself up
Speaker 3: to fail. No one asked you to give them a
Speaker 3: recap of the whole episode any way. So the Chase
Speaker 3: Sapphire Reserve, the reason I love that card is because
Speaker 3: the benefits baby like three hundred dollars travel credit. I
Speaker 3: believe they paid for my TSA pre check. You get
Speaker 3: three percent cash back on food and travel, which are
Speaker 3: two of my favorite things today.
Speaker 1: And if you rent a car, I use this all
Speaker 1: the time. You get insurance car like girls, one of
Speaker 1: my favorite I always whenever I'm going to call then
Speaker 1: the now use my face Good Time card.
Speaker 2: Yes, And they'll never they'll try to make you think
Speaker 2: that your card is not as good as it is,
Speaker 2: like it takes me when I'm renting a car. I'm
Speaker 2: just like, uh huh uh huh. I'm telling you I
Speaker 2: don't need it. They're always trying to add insurance. But
Speaker 2: that is true. Not the only card to offer that,
Speaker 2: but it is definitely true of the Chase Freedom or
Speaker 2: Sorry Chase Sapphire Reserve. There is an annual fee. What
Speaker 2: is it? Is it five hundred and fifty dollars?
Speaker 1: I don't remember.
Speaker 2: It might even be more now. They used to have yeah,
Speaker 2: I'm looking right now. Oh yeah, we still get the
Speaker 2: travel credit five hundred and fifty. Yeah. So they have
Speaker 2: a lighter version of this card that's called the Chase
Speaker 2: Sapphire Preferred, which only has a ninety five dollars annual fee,
Speaker 2: but doesn't come with some of the juicier benefits like
Speaker 2: the travel credit there three hundred dollars I mentioned, But yeah,
Speaker 2: if you I mean I I I've booked several domestic
Speaker 2: flights with the money from my that I've earned just
Speaker 2: by using my Chase Sapphire. But of course the caveat
Speaker 2: the best, the best quote unquote the most generous, generoush
Speaker 2: the most generous rewards cards will often come with the
Speaker 2: quid pro quo of fees. So I would say Chase
Speaker 2: Sapphire Preserved is good for someone who's looking for less fees.
Speaker 2: It still has ninety five dollar fee, but it'll yeah,
Speaker 2: come in handy. What's the one? And then oh yeah,
Speaker 2: I was excited to see on nerd Wall at the
Speaker 2: City double Cash is their top Okay, yeah, I was
Speaker 2: just gonna see that this is a flat rate credit card,
Speaker 2: which is like a lot of the cards I have.
Speaker 2: I have two for categories like one for grocery shopping.
Speaker 2: That's the AMEX blue. I almost said blue cross blue shield.
Speaker 2: That's not right. What it's the Amex, it's something blue.
Speaker 1: I think I know what you mean the blue Oh
Speaker 1: what is that? I know what you mean, AMX blue something.
Speaker 1: Just look it up girl. You know what we talk about.
Speaker 2: Whoever is on their marketing team, like get some more
Speaker 2: names like Blue Cash Preferred is what it's called. Okay,
Speaker 2: no annual fee, but it's six percent back on groceries
Speaker 2: up to like six in cash I don't know. And
Speaker 2: the City Double but the City Card is two percent
Speaker 2: cash back on anything you buy. So if it's like
Speaker 2: something that I'm not, it's not it's not going to
Speaker 2: give me the most, you know, give me the cash
Speaker 2: back like the reserve will for travel and food or
Speaker 2: from not grocery shopping. Then I'll pull out the City
Speaker 2: Double cash.
Speaker 1: So how do credit cards even get on these lists? Like?
Speaker 1: Maybe are can we trust these lists?
Speaker 2: Yeah? Well this is the thing. I not only worked
Speaker 2: for Magnified Money, I was in charge of their content team.
Speaker 2: So the content team are the ones who put together
Speaker 2: these listicles and not just that they come, we come
Speaker 2: up with the methodology. So depending on the website, like
Speaker 2: nerd Wallet, Magnify and it's sister sites like Lending treat
Speaker 2: like they have entire teams of writers and editors and
Speaker 2: also product people, so like people in the back who
Speaker 2: are really educated about the credit card space to discern like, Okay,
Speaker 2: what are the best benefits, how are we going to judge?
Speaker 2: Put them in different categories? All of that. So if
Speaker 2: you're gonna take any advice from sites like that, and
Speaker 2: I always suggest you know, google yourself. And also Reddit
Speaker 2: can sometimes be a good source if you want like
Speaker 2: new ideas and stuff. But those sites can be excellent sources.
Speaker 2: So when you google, the ones that pop up should
Speaker 2: be according to Google's algorithm, the sites that have the
Speaker 2: most well rounded answer with an algorithm, with editors who
Speaker 2: are not bots, and there was like thought and care
Speaker 2: put into the content. I will say that the way
Speaker 2: that these sites make money is that we get kickbacks
Speaker 2: in some form or fashion from the banks, from the
Speaker 2: credit card companies, the issuers that are featured on the site.
Speaker 2: So I would look for disclosures. For example, one thing
Speaker 2: that we used to do at Magnify Money is like
Speaker 2: let's say Discover, for example, had a new student credit
Speaker 2: card and it's not on any of the best lists
Speaker 2: because it doesn't have that much there's no cash back,
Speaker 2: and it's not a travel card. And let's say those
Speaker 2: are our big lists for the site. But they really
Speaker 2: want to be featured and they're going to give us
Speaker 2: a bunch of money. So then they would come to
Speaker 2: the product team, a bizdev team would come to my
Speaker 2: team and be like, we need to feature this card.
Speaker 2: Then we would kind of back into a story idea
Speaker 2: about that card, so it would be like the best
Speaker 2: Student the best roundup of student credit cards, and then
Speaker 2: you would get the Discover card in there, or you
Speaker 2: would try to find the best feature of the card
Speaker 2: and then break it out into its own subcategory best
Speaker 2: for students who love to eat at the dining hall
Speaker 2: or like students who like sports, like you'd find these
Speaker 2: little ways of featuring them. So I mean, it's not
Speaker 2: like it's nefarious, and honestly, like it paid my salary,
Speaker 2: so I was fine with it. However, always check multiple sources,
Speaker 2: and I think we should know how websites make their money,
Speaker 2: and I believe absolutely Yeah, like nerdwallet, Magnify Money, like
Speaker 2: we would have disclosures, like we have partners here who
Speaker 2: affiliate ads just like any other, Like the vast majority
Speaker 2: of financial sites have affiliate revenue from because basically you're
Speaker 2: helping the company market. But yeah, lots of thought in
Speaker 2: care does go into it. And at the same time,
Speaker 2: just understand how they get paid and look closely at
Speaker 2: what category it's appearing in, because we will tell you
Speaker 2: this is best for groceries, this is best for people
Speaker 2: who want a good grocery card but no annual fee.
Speaker 2: And yeah, all the different nuances.
Speaker 1: I love that. Thank Yeah, yeah, wait you talk about Yeah.
Speaker 2: There were just a couple of new kids on the
Speaker 2: block that I hadn't heard of.
Speaker 1: Hmmm.
Speaker 2: So one of them is the Capital one Savor one car.
Speaker 1: I saw that I'm not familiar.
Speaker 2: Ten percent cash back made through on purchases made through
Speaker 2: Uber and Uber eats.
Speaker 1: I need to get that one because that's.
Speaker 2: I mean, are in a one time two hundred dollars
Speaker 2: cash bonus after you spend five hundred dollars on purchases
Speaker 2: within the first three months. That's a pretty low bar,
Speaker 2: Like spend five hundred, get two hundred. The key with
Speaker 2: any of these cards, Oh, we should have done this
Speaker 2: at the jump. Y'all know how we feel about credit cards.
Speaker 2: Sign up for them, enjoy the benefits, but not unless
Speaker 2: you can pay the card in full, yes, every month,
Speaker 2: because these interest rates have never been higher, I mean,
Speaker 2: and they're wild super high.
Speaker 1: Gotcha, gotcha? Cause that's the thing, Like, it doesn't benefit
Speaker 1: if you are going to like, whatever money you earn,
Speaker 1: you have to pay it back because you're paying fees
Speaker 1: on interest. So let's just keep that in mind.
Speaker 2: Yeah, your APR will be nineteen percent, twenty six point
Speaker 2: twenty four percent, or twenty nine point nine nine percent
Speaker 2: based on your credit worthiness. This is the capital one
Speaker 2: saver one that I just mentioned. Like reading that fine print,
Speaker 2: that's that's not a lot, that's not an insignificant amount.
Speaker 2: And another thing to consider is, like some of the
Speaker 2: juiciest cash rewar. I thought you were going to be
Speaker 2: answering this question. Why am I talking so much now?
Speaker 1: Because you had the behind the scenes, you had the
Speaker 1: behind the scenes of like Howard these lists even compiled. Yeah,
Speaker 1: and I'm the type person once I get my card,
Speaker 1: I'm locked in. I'm locked in. I tend not to, like,
Speaker 1: you know, unless something really bad happens with because I
Speaker 1: paid my cards off in full every month, and that
Speaker 1: I have since I started with my credit card. So
Speaker 1: as a result, I'm not as tied to interest rates
Speaker 1: and things like that because my dad told me when
Speaker 1: I was eighteen i got my first credit card, to
Speaker 1: pay it off every month in full, and for the
Speaker 1: most part, I've been able to do so, I would
Speaker 1: say more years yes than no.
Speaker 2: Well, I just confessed to Tiffany that I messed up
Speaker 2: with payment and I got hit with a penalty APR,
Speaker 2: which is where they jack up your rate because you
Speaker 2: missed a payment. And I tried all my tricks, chatted them, Hi,
Speaker 2: I'm a new customer. It was a mistake. They were like, no,
Speaker 2: we don't mess around, they.
Speaker 1: Don't scare Please. My credit score lower significantly because as
Speaker 1: I like it was one like it didn't. Someone on
Speaker 1: the team did not pay the card and I lost
Speaker 1: like a hundred points. I was like, well, I'm not
Speaker 1: buying anything, but I wasn't happy about it. Yeah, yeah,
Speaker 1: so what should we take a break and come let's
Speaker 1: take a little break, come right back, and we're back
Speaker 1: and blacker than ever now. You you know, gave a
Speaker 1: little bit of a confession that you were late, you know,
Speaker 1: and you tried to you know, try to give a
Speaker 1: little sugar and spice and.
Speaker 2: My credit card not not pregnant.
Speaker 1: But I thought, since we're in the confession, mood, I
Speaker 1: want to know, I want you to spill your financial tea.
Speaker 1: So I, me and Mandy are really wanted to just
Speaker 1: really understand, like what you guys are not going through.
Speaker 1: We're nosy, and I want to know what financial tea
Speaker 1: this is if you put in financial tea in the
Speaker 1: comments or whatever or in the subject, likee, we know
Speaker 1: that no, totally anonymous, Sarah, and I'm just joking, totally anonymous,
Speaker 1: and we want and don't give us tea Like wait,
Speaker 1: I don't want weak tap of tea.
Speaker 2: Yeah, I think mine was like even been steeping, girl,
Speaker 2: I'm not even at all.
Speaker 1: It's literally beside the cup. We want the tea where
Speaker 1: you're like, yow, I may or may not have gone
Speaker 1: to my mother's wallet and took fifty dollars and what
Speaker 1: she was looking for and blamed it on my brother
Speaker 1: and now they're on the outs.
Speaker 2: Girl. We want the tea.
Speaker 1: We want the t t or you know, I may
Speaker 1: or may not have gambled away all of the the
Speaker 1: mortgage money for the next month. And I'm not talking
Speaker 1: about tea that you're even asking for help with. You
Speaker 1: just want to get off your chest, you know, and
Speaker 1: you want to get off your chest and you want
Speaker 1: your two friends to say. I mean, okay, girl, we're
Speaker 1: not here to do just a little judging, but like,
Speaker 1: you know.
Speaker 2: Are we allowed to judging on? Did we set the
Speaker 2: stage for that yet?
Speaker 1: I think we're allowed to make comments meaning like I'm
Speaker 1: not here to say you're so terrible? Da da da da,
Speaker 1: But I think not make comment meaning like what wow? Well,
Speaker 1: you know sometimes yeah.
Speaker 2: I think the whole purpose Well, the reason we came
Speaker 2: up with this idea is because I was feeling like
Speaker 2: people are when you're authentic, you get judged so or
Speaker 2: when you're authentic about a mistake, people are really harsh
Speaker 2: and it's like, have you ever fucked up in your life?
Speaker 1: Like, I'm sorry, we're not gonna be now here's the thing.
Speaker 1: I can't promise we might not giggle and laughing, key key,
Speaker 1: and hopefully that actually makes you left too. Like I
Speaker 1: was off of that. Let me go ahead and tell
Speaker 1: my mama that I stole that money, you know, and not.
Speaker 1: So basically it is a place where you could share
Speaker 1: your financial tea in a safe environment where you might
Speaker 1: get a little giggle but not judgment. And it's because
Speaker 1: mostly the reason why you wanted to share is we're
Speaker 1: not giving advice. This is just for you to unearth
Speaker 1: and to have someone bear witness to the thing. Okay,
Speaker 1: so just you know, give us your financial tea and
Speaker 1: and it can. You don't have to build your own
Speaker 1: tea because the hottest boiling tea sometimes belongs to other people.
Speaker 1: So of course you're gonna want to you know, change
Speaker 1: some of them the details to protect the guilty. But
Speaker 1: you might be like, ah, so my coworker, we live,
Speaker 1: we live too.
Speaker 2: So how are you gonna send us these emails?
Speaker 1: DM as You can email us at Branna Vision Podcasts
Speaker 1: at gmail. Just put financial tea and we know that
Speaker 1: you just want us to read it anonymously and you know,
Speaker 1: give some key key or you can sign our d
Speaker 1: MS Brandabision podcast on i G or just go to
Speaker 1: Brownhabision dot com and click contact us like yeah, we
Speaker 1: want this money, t we want this money.
Speaker 2: It's actually Brown Ambition podcast dot com. But yes, we
Speaker 2: want this money. You got the word podcast. We want
Speaker 2: the domain wasn't available.
Speaker 1: We want some money tea and maybe we'll share some
Speaker 1: tea too. I have to think about, like, do I
Speaker 1: have any spicy tea of like maybe a mistake that
Speaker 1: I mean, guys, I feel like I've shared all my
Speaker 1: mistakes where you know, tens of thousand thousand dad, you know,
Speaker 1: well I do have one. You know what, I'm gonna
Speaker 1: save this one. I was quite the kleptomaniac. So I'm
Speaker 1: gonna give you one of my kleptomaniac stories from from
Speaker 1: middle school. I don't know, I went through a kleptomaniac
Speaker 1: phase in middle school. Girl, my goodness, I clept domain.
Speaker 1: I should be locked up everybody.
Speaker 2: I did it. I tried to, but I got scared
Speaker 2: and then my caught.
Speaker 1: And that I'm gonna tell. If you guys share your tea,
Speaker 1: I'll share you my kleptomaniac story. And you know I was.
Speaker 1: I was on a tear for a few weeks and
Speaker 1: then I got caught. And let's just say, the punishment
Speaker 1: made me say, you know what? That built for this?
Speaker 1: So I stopped any last parting words before we jump
Speaker 1: off Mandra.
Speaker 2: My best friend in middle school. We were supposed to
Speaker 2: get my mom to drive us. I chickened out to
Speaker 2: Cole's to steal chick out and Coles expect things, and
Speaker 2: she got caught and she was like banned from cold
Speaker 2: stores forever or something like that. I worked for Coles
Speaker 2: in college, so, you know, came back.
Speaker 1: To get a ride. Mom keeps dropping us off the stack.
Speaker 2: She's like, with what money.
Speaker 1: You would have came home with stuff? Kids are so foolish.
Speaker 2: Not me, though, I was just a rat. Not I
Speaker 2: was worse than a rat because I just let her
Speaker 2: go and I get caught.
Speaker 1: Yeah, that's the worst. So, my gosh, that's hilarious. You see,
Speaker 1: that was so bad. It was this little kiky giggle gigging.
Speaker 1: We met your mission. We're laughing with you, not at you.
Speaker 1: I promise exactly, all right, guys, Oh don't forget leave us.
Speaker 1: Some reviews shared this podcast reviews let us be seen,
Speaker 1: heard and grow and so until Monday, Bye bye baham