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Wealthy Way

Maximizing Financial Success: The Benefits of Credit Unions and Business Credit Cards

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.82.1K Ratings

🗓️ 28 August 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Discover how credit unions and the right business credit cards can elevate your financial strategy.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: Ryan Pineda has been in the real...

Transcript

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0:00.0

I've seen this on Instagram and Tik-Toc but people talking about like Navy Federal

0:05.1

like what what are they doing that everybody keeps talking about? Yeah, it's a good

0:09.0

it's a good place. It's a really cool membership. I have a Navy Fed

0:12.4

membership. I found a way to qualify for one.

0:15.4

You know, I have a, when I started with them I had a $3,500 card. I've gotten that up to $10,500. It's a personal card. I've gotten that up to 10,500. It's a personal card. They don't have any

0:25.6

zero percent business cards. I think like there's a lot of I think that's like

0:31.3

there's a lot of craze around Navy Fed because it's a really good

0:35.9

like intro in terms of a like a personal card or a personal membership.

0:40.1

Got it right like it's similar to getting a discover card or like a capital one card or an amex card or an apple card

0:46.8

These are all like very simple intro cards that you can get and Navy Fed's like one of those good banks that will give you a high limit

0:54.9

while you're working with them and they have you know cool stuff right like they

1:00.1

have a lot of products their credit union so they could be a little bit more, you know,

1:07.1

interesting than some other places.

1:09.1

Yeah. Okay. Yeah, because I just, I've seen people talk about them and I'm like what do they do that's any different than anyone else like I don't understand

1:17.4

Yeah, I think they're a good option though. I think they're really good place like if someone wants to go get like if someone wants to go get a

1:24.2

high credit limit Navy federal would be a good place for them okay so they would do

1:28.7

something higher so tell me about Amex then because Amex has so many different cards.

1:34.4

You know you got the business charge cards and then like I've had an Amex Blue Cash for like

1:40.8

over a decade. So I know that I think the blue cash is like a true

1:46.0

car credit card.

1:48.0

That's right. Okay? And then like my Amex platinum is like a business charge card I think I don't even know that's right so like

1:55.8

what's the deal with Amex what do you think of them I think American Express is

...

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