- Hello, you guys.
I'm trying something new.
It's called Credit News with a new intro,
so let's spin it.
(funky music)
Hi, guys.
You know this is something different
because you see a different
intro to my channel
and it's something I'm
really excited about.
I call it Credit News.
I haven't seen it on other
channels, maybe it exists,
but what I've decided to do
is when I find out about
certain news about credit cards,
I'm going to report it
here on this channel.
Credit News will cover a
number of different things.
I will talk about new credit card offers
that are coming out.
I will talk about changes
in reward programs.
I will basically talk about anything
that is new and interesting
with credit cards.
If you are a subscriber or regular viewer,
thanks for coming back.
If this is your first time, welcome.
So if you like this new style of video
where I basically tell
you all the new things
that are coming with credit cards,
I'd appreciate it if you
can hit the Like button
and comment in the section below
if you like this new format.
Also, these offers that I'm
going to be talking about today
are basically brand new
and there are just a limited amount
of people that have them.
If you're one of them,
please, in the comments below,
tell us how these brand new
offers are working for you.
So the very first offer I'm talking about,
I'm really excited about,
it actually ties into the
very first video I uploaded
in 2018 about the Self
Lender Credit Builder Loan.
Now, since then, recently,
Self Lender has changed
its name to Self.
Along with that change,
they are now introducing
a new secured Visa card called Self.
Now, the Self Visa Card is something
that you cannot compare to any
other secured card out there.
If you know of one, you can drop that down
in the comments section,
but this is how it's completely different.
Almost, basically,
nearly 100% of people can
open a credit builder loan
from Self no matter how
bad your credit history is.
Now, this is an excellent
opportunity for people
that have completely horrible credit
or if they have no credit at all,
and this type of loan is not
a revolving line of credit
like a credit card is.
It is an installment loan,
so it adds different type
of credit trade account
on your credit history,
and when you combine that
with an actual credit card
or revolving account, you now
have what's called credit mix.
Credit bureaus like to see
people have different types of credit,
so these type of loans
not only help you build
positive credit history,
it also gives you a slight advantage
of giving you credit mix.
Now, what they also let you do
is open up a secured Visa card,
and it's quite a genius
on how they do that.
Now, I could run through the whole thing
and tell you the key
points of how it works,
but I think they did a better job
and I'm going to show you the
video directly from their site
on how it exactly works.
- [Narrator] The Self Visa
Credit Card is the credit card
that puts you in control
How do you apply for a secured card?
Usually, you need an
upfront security deposit
to back your account and get started.
But unlike other secured cards,
the Self Visa Card does not
require an extra deposit.
Just use savings progress from
your Credit Builder Account
to secure your card instead.
What really sets the Self card apart,
there's no hard credit inquiry,
no additional upfront deposit,
and you can use your card anywhere
in the U.S. Visa is accepted.
To become eligible for the card,
first sign up for a Credit
Builder Account with Self.
Next, reach at least $100
in your savings progress
and by making your last three
monthly payments on time,
and have no outstanding fees.
From there, choose how much of
your savings you want to use
for your security deposit.
How much you choose will
also set your credit limit.
With Self, you can use your money
and keep building that credit.
For more, visit self.inc.
- If you're having a difficult time
securing lines of credit,
I would definitely look into getting
a Self credit builder loan
and then, after three months,
getting the Self Visa Secure Card.
These will be two solid
credit trade accounts,
a revolving line, and an installment loan,
and this will look great
on your credit report
whether you have no credit
and you're building credit,
or if you're in the process
of rebuilding your credit.
This is really something
you should consider.
If you want to know more
about credit builder loans with Self,
I have an article that
you can read about it.
So anything related to what
I'm talking about today
with these credit card offers,
I will have links in
the description below,
whether they're articles or YouTube videos
and you can learn more.
So the next credit card I'm
going to be talking about
is from Credit One.
Recently, I did a review on
the Credit One Visa Card,
but this Credit One offer
is not a Visa card or a Mastercard.
It's actually an American Express card.
Yes, Credit One and American
Express have teamed up
for the Credit One American Express Card.
Now, this card is going to be for a person
with fair to good credit.
The video I did before, and
if you want to see that,
you should check it out,
I have it linked up above,
but I review the Credit One Visa Card,
which is for people
with bad to fair credit,
so some Credit One Visa cards
will give you 1% cash back
on all purchases.
If you have an offer for
less than perfect credit,
then you're only given 1% cash
back in certain categories.
But with the American
Express Credit One Card,
you're getting 1% cash
back on all your purchases.
So what's a good selling point
with the Credit One American Express Card
is that it does offer protection
on certain items you buy
for whether they get damaged or stolen,
so that is a really good
perk with this card.
So basically, what is
happening with credit cards now
is that many credit card
companies are removing
their protection plans on
items that a consumer buys,
but this Credit One
American Express Card offers
some of those features
that have been removed
from other cards.
So it's definitely worth looking into.
So that's what I will be doing
a lot more with my channel.
I will be talking about
specific credit cards
that have these type of perks
because that ends up being
another type of reward.
Often times, we think of reward cards
as getting 1% cash back or
earning frequent flyer miles.
So like I said, I will be
including a lot of these points
with the different credit cards.
I will be talking about in the feature.
If you want to learn all about that,
please subscribe to my channel
and that definitely
will be a benefit to you
if you're interested on getting more
out of your credit cards.
So the last credit card
I will be talking about
in this video is the
new Walmart credit card
that is now being issued by Capital One.
They are offering a Walmart store card
and a Walmart Mastercard.
I did a video recently, two videos back,
where I did a review on this new offer
and if you wanna check it out,
definitely either click on the card above
or the link will be in the description,
but basically, this is a brand new offer.
So the complete conversion
is going to be done
on October 11th.
So here on this screen, I'm
showing you some key points
on the new Capital One Walmart Credit Card
and Capital One Walmart Mastercard.
These are the keys
points, the key benefits
of having this credit card.
If you already have one of
the Walmart credit cards,
the store card or the Mastercard,
you need to do nothing.
In time, they will send
you a brand new card,
maybe you've received it already,
but you will receive it soon,
so there's no need to call.
Okay, so I went over everything.
Credit News, the first addition.
I went over three credit card offers,
the Self Visa Secured Card,
the new Credit One American Express Card,
and the new Walmart Capital One Card
and Walmart Capital One Mastercard.
So if you like this video today
on how I gave you the latest,
greatest news on credit cards,
please hit that Like button
and leave a comment below.
That helps YouTube understand
that you found this video
helpful, useful, and valuable,
and it will get it across to more people
and it will help me to know
that this is the type of content
you want to see on my channel.
Thank you so much.
I appreciate every viewer
and hope to see you next time.
