Hook
More breakout videos from this creator.
Here's how to get a Rolex for free with credit card points. This is a Submariner that retails for $11,900 and with a few years of patience, you could technically use your credit card points to completely cover it. The average American already spends $62,000 a year on their credit card. Most of them are earning close to nothing on it because they're using the wrong cards. So with Chase, you need 1.19 million Chase Points = $11,900 Ultimate Reward points to cover this watch. You and a partner each open the Sapphire Preferred, Freedom Flex, Freedom Unlimited, and Ink Business Cash and Ink Business Unlimited. Just the welcome bonuses alone, 75,000, 20,000, 20,000, 75,000, plus 75,000. That's 265,000 times two people. 530,000 points between the two of you. So in just under 3.5 years, Start: 530,000 pts (bonuses), Year 1: 716,000 pts, Year 2: 902,000, Year 3: 1,088,000 pts, Year 3.5: 1,190,000 pts. You have covered the rest to get the full watch of $11,900. But you don't have to stop there. Take that same $62,000 annual spend times 1.5x average multiplier, 93,000 Chase points per person per year. And you are earning 186,000 Chase points per year combined between two people. So in just under 3.5 years, Start: 530,000 pts (bonuses), Year 1: 716,000 pts, Year 2: 902,000, Year 3: 1,088,000 pts, Year 3.5: 1,190,000 pts. You have covered the rest to get the full watch of $11,900.