Sam Correia
Appearances
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Right. The smartest way is going to be whoever you bank with, get a credit card with them. Don't fear credit. Only fear it if you're irresponsible. So nowadays we have to say that. If you know – you're the only one that's going to know your character and the way you are. If you know you have an issue –
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
try to refrain from it, figure that first, like going to a deeper level with yourself first, because I've seen it where they know they have the issue, they get 50, 60, 70,000, two weeks later it's gone, it goes into a charge-off. they just went backwards for two, three years. They just wasted two, three years of their life for no reason, right? But it's your relationship. That's what it is.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Relationships are important. So you always go for the bank that you bank with, right? So if you bank with Chase, go for their Chase Freedom. Simple. It's not the best card. There's no annual fee, interest-free for six months. It's your first baby card. They might give you three, five grand, but you do that, right? If you're able to max out and pay it off, I would recommend that, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
But if you're not, just use it as your debit card. If your bills are 6K a month, always use credit cards. Don't travel with debit. Put your debit in your safe. For three of my bank accounts, I have no debits. They said, do you want a debit card? Nope, I don't want it. I'll move it if I need to, and I'll put everything on a credit card as much as I can, right? So... That's how you want to start.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
And then you go to a second card, a third card, and it's a building. You build it little by little, you know what I mean? The easiest way to excel a little bit quicker is you get your first bank card. Usually when you get that approval, you could get a second one right away. So now you're a little bit ahead of the game. 90 days later, what you want to do is get a third.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Then that's where you call us and we open up an LLC. Then we're ahead of a little bit of the game because you got three cards. We'll wait a few more months so they're not too, too new. And, you know, we look at what bureaus they pulled, et cetera, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
And, you know, and then they started saying, hey, do you have other construction people that need loans? And then with that, I'm like, okay, why do they always ask me that? Like, do they make a cut? And I'm like, oh, okay, I thought it was just salary. Long story short, started meeting them more and more, and I got the offer to be bought out. Did I want to?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Hopefully you've done, you know, a trio, which a bank that pulls Experian, a bank that pulls TransUnion, one that Equifax, and then we get you business funding.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
But you got to understand because you're so fresh, you're not going to get the results that we usually get. But we've done that. We've felt like, hey, I want to start my journey though. Okay. We get them 30 grand max on the business. But hey, now they have 30 there, 20 here. They have 50. Cash flow business, something, you know, and you just keep going from there.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
And that's better than nothing, man. But it's a marathon, 100%. Yeah. Done right, it's a marathon. It takes, in my opinion, two to three years to be like, wow, I got 100 grand. Now I can do another funding round and almost guarantee myself 80 to 150.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah. Mike, the credit guy is really, really good. Um, another really good one is there's this company called improve you and they have money 360. Uh, it's free, right? So it's money 360 and they teach you, you know, literally almost everything. Right. Um, that's, that's improve.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You would probably be one of the best because you know, they also have, um, um, like not really like a course, but like, you know, weekly calls, um,
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
you know that you could jump on and and learn a lot because there's a lot to it there's so much to it yeah right because i mean the encore you know it was bought on a credit card no way you know las vegas casino yeah wow like you know imagine the power you have not saying you know everybody will get there but you know he had unlimited literally right but just think about what he built his way there yeah so he used credit to build business a b c d all the way to like i just bought the encore
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah. Probably. And then use those points to buy all the casino machines.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yes. So, so points, what do you got? Points are phenomenal. So like there's, I'll give you a perfect scenario. So used Amex all year, right? Made a video for this. So we're going to put it out there. I saw another guy do it. So again, I'm not going to say I invented this because I saw another dude do it. I'm like, man, that's awesome. I want to try that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So 90% of Rolex ADs will not accept an Amex because people, Amex is notorious for having your back. So somebody could be like, I never bought this Rolex, which is wrong. Never do that, please, because people are going to jail now. They used to not. People are actually getting knocks on the door, FBI putting you in prison for this. I forgot what the name is for it.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Not really, because I saw the potential, but did I need it? Yeah, at the time, my money management skills were horrible.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So I used my card, and I had 1.4 million points. Wow. Equivalent to $14,000. Yeah. Went to Thomas Markle in the Woodlands in Texas. Had a good relationship with them. And got a Rolex on points. Did pay the tax, $850. $1,850, I'm sorry. But got a Rolex on points. I wanted to see if it worked, and it worked. It was pretty cool.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah. Points. That's going to be awesome. Yeah. Points are, they work, you know, and there's little tricks. That's the first time I've heard that, dude. Yeah.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I did. Yeah, not a real. I guess it will be a real. It's going to be one. There's about to be one right now. Yeah, exactly. No, but the actual happening, yes, it's been done. It's getting edited a whole nine yards. That's fire. Yeah. So it's pretty cool. There's a lot you can do. And then transferring points, things like that, utilizing them to travel. What is it? To Dubai from JFK.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Don't quote me again, guys. I haven't checked recently, but like what – 13,000 first class for one person round trip, right? 130,000 points. If you move them correctly from Amex, you know, to another source, things like that, you know what I mean? Like there's like Rome, like it's called R-O-A-M-E. Points are worth more with them. So you have 100,000 points.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
They kind of like back you up with like another 80,000. It's just the way they work. They have deals with the airlines. You start mastering that, you're going to Dubai like a king four or five times a year. With only using 300 grand a year on your card that you need to use anyways. Yeah. So if you need to use it, use it, right? That's where you come from debit, right? Debit cards.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
They don't do that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Like, they're just trying to trick you to like be stuck on the debit. You know what I mean? So...
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So my ideal client now is people with offers, right? Because... For multiple reasons. One big reason is a lot of times we get people funding. They're like, what do I do? I'm like, oh, okay. So we got a game plan because after they pay us our percentage, they're like, man, it's reality. At the end of the day, they're going to owe that on the card, right? Yeah.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So working with coaches, consultants, business owners that have offers, it's better for both. One, I don't need to run marketing ads because the owner is bringing me the leads. Number two, the client already knows what the owner's offering, so they're already sold
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
we get them the funding for that offer, we know they're making money so that percentage they gave us will be paid back as long as they put in the work for that type of business, right? That's the most important thing. They got to put in the work and fulfill and keep going with it and growing it, right? But that to me is going to be the best for all those reasons.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
How'd that work out? The easiest way I could put it is I guess I saw my mom always as an entrepreneur. She cleaned houses. That's what a lot of moms do when they come, right? She cleaned house her whole life, right? But she was her own boss. She didn't work for anybody, but she did, right, which is the homeowners. So I saw that, and I'd go with my mom all the time.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah, for sure. So our vision is to start buying small businesses, right? But still giving them a chance, right? Advisory shares, have a job, still stay in the business, you know, become equity partner, but let us grow your business. We have the funding, we have the know-how, we have the systems, integrations, automations. Let's go from dinosaur to modern age, We win, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You win by not losing your business and being able to stay in it and having cash flow. We win because we just bought a new business and we have equity in it, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
And if you win, we win, right? Because we have equity in it. So that's something we've been doing, right? So, you know, we have, you know, in Vegas, a jewelry store. Mm-hmm. So high-end watches, custom-made jewelry, whole nine yards. So we're having UFC fighters coming over, NFL stars, Raiders coming over. It's pretty cool.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
We're able to buy something and grow it and still work with the business owner. Another thing is we bought a mechanic performance shop. It was dying. Hey, can we see your books? It was a composition book from school. Like, just written. Like, curled up already. And they're like, oh, I'm like, whoa, this is your books? Like, how do you know how much you make? Oh, Zelle.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I'm like, you only get paid by Zelle? Oh, that credit card machine. I'm like, bro, you can't even see the screen. You know what I mean? What's going on? A lot of money being lost, right? So, you know, give them the opportunity. Buy the property. Buy the business. Allow them to still stay in the business and just keep moving like that, you know?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So I guess the easiest thing I could say is, like, the new projects are just – buying any business, because my opinion is this, 99% of businesses are ran the same way, period. And they'll succeed the same way, right? It's systems, automations, a great team, marketing, period. And I think you could grow anything from that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So I'm like, you know, as I started growing, I was like, man, I'm not good with, like, hounding me. I'm like, I need to figure something out or I'm not going to be that successful. So a good buddy of mine, was like, hey, let's start a construction company. I'd go every summer. We were 17, 16. Started doing flooring. Long story short, it started growing. Growing, growing, growing relationships.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So, um, Our hobby became a business. It was bound to happen, right? So love cars, love them a lot, but don't like to pay for them. So I'm like, how can I have the cars and not pay for them and still... make somebody's life pretty good for a moment. So we got into the car rental business, like a lot of people do, but we're making it a little bit different, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
We're doing package deals now, which people are loving, right? 100,000 a year, just as an example, 100,000 a year. We just got our $2 million insurance for our high-end watches, so now what we're doing, because it's Vegas, is... If you pay $100,000 a year, right, you come to Vegas. You get to choose what car you want. You get it for a Friday to a Monday.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So you get it for the weekend, and you get any watch you want, depending on the tier, to wear out while you're in Vegas. No way, dude. Are you serious? Yeah, 100%.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
That is cool. Yeah. That's different.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yes. That's very scary, but different.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Right, right. So our mentality behind it is obviously we do the car rentals normal, like daily rates and stuff. That's all part of it. But our mentality of it is like this. Because I had somebody tell me, man, $100,000 is a lot. I'm like, yeah, you're right. But then I started thinking, I'm like, okay. But if I have a $37,000 AP that you can take,
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
every single four days out of the month or three days out of the month for 12 months and an exotic, they're like, oh, why can't, he'll just buy the watch. But I'm like, but then what if you could switch out every month? Now you got a Rolex Daytona. Now you got this one for the month. So when you grab all the watches, it's like 800 grand in watches you've worn for the year.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
And then that's when he's like, hey, I want my cousin to also jump on. And he bought me out. And then I started the funding companies.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You don't need insurance because we got it. You don't need to buy it because we got it. And in cars, you know, January, you could get our matte black Lamborghini Huracan. Then you could get our Orange Urus. Then you could get our Audi R8, right? The SQ8, the RSQ8, whatever you want, right? Every month. So when you grab the math of the cars, you're looking at $1.5 million in cars. Easily.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So $100,000. But guess what? My grandpa always said, the car is great. To close, but your opener is going to be your wrist. Because 90% of the meetings you have, the guy's not waiting for you outside. So he doesn't know what you pulled up in. But if the meeting goes well, when you open with your – because they're going to look.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
When they look at your watch and you open the meeting, you have a great meeting, 99% of the time they're going to walk out with you. So if they walk out with you, then they're going to see valet pull up with your Lamborghini, RA, Ferrari. See? And that becomes your closer. So now imagine you're in Vegas. You want to go close a deal. You're part of the group.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
There's going to be more add-ons to the group, right? There's going to be a lot going on. There's going to be events we're going to do, networking mixers, you know, opening doors. You know, we have politics that come out to this stuff, politicians that come out to this stuff, I'm sorry. And like, you know, big business owners, brick and mortars, owners of casinos, GMs.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So the cool thing is like now you can go to Vegas. You're part of a community, 100,000 a year, and you're able to rock a Richard Mill, $130,000 Richard Mill, nothing too crazy. But you're able to rock one of those and pull up in a $280,000 car like a Huracan Evo. You know what I mean? Yeah. Little things like that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
That's where we're trying to change the game and be very different, but it is nerve wracking. Cause even though we got insurance, like it doesn't stop somebody from catching the plane with the Richard mill.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
That's my diehard favorite.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Right, like a Chrono 24 or something like that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Easiest way is going to be Instagram, right? So it's Sam Mendes Correa, S-A-M-M-E-N-D-E-S-C-O-R-R-E-I-A. And, yeah, just hit a follow. DM me. I have one of my assistants usually answers to DMs, you'll notice. But, you know, let me know where you found me and then, you know, I'll reach out for sure.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah, for sure. Honestly, the biggest, because it's just what I've lived, right? The biggest thing is going to be, and I've repeated this all the time, is in my opinion, the biggest way you're going to level up is with the right team. Find the right team. And the right team is not a friend, always. It's find the right team because, I mean, you've heard this everywhere, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Movies, whole nine yards, but you can get far alone, but you can get there faster with a team. Facts. But you could also slow down completely with the wrong team. Yeah.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
so that's that i'm i'm gonna die by that i say it in every event i go to i always get asked this question it's going to be the same thing because i've been through it is team team team period yeah yeah the right team will make you grow for sure and you have the experience man absolutely you've been through it you've got through it and now you're here and now you're building another business and you're going to keep
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Got to keep on going.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
after that uh whole epiphany happened what was your next step man like what did you do to actually take action to start a funding company so what i did is like i know it's gonna sound cliche but youtube i started seeing people on youtube literally saying how to start one you know they're charging hey hit me up i charge 10 15 20 i'm like wow okay so when i went to deal to deal with these business relationship managers like hey when you come to me
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I can override, I'll be, I connect to the underwriter directly. So, you know, we could, you have a higher chance of getting 50K for a client of yours than if they just walk into the bank today and talk to a teller.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So I was like, whoa, okay. So then I'm seeing all these guys, you know, 10%, 15, 20. I'm like, oh, I can make, you know, a thousand bucks. You know, I get somebody a hundred thousand, I can make $10,000. Right. So, And I'm selling money. Who says no to money? You know, nothing charged up front. Only a performance fee is what I call it, because if I don't perform, I don't get paid. Right.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So who's going to say no? Right. You know, full transparency is like, hey, you won't qualify. We can't move forward. They don't lose anything. You know, maybe a little bit of hope at the moment. But, you know, there's other ways around that hope comes back. But at the same time. if they do qualify, you know, they have nothing to worry until I'm done. So it became a no brainer.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I'm like, wow, I could be a person that just gets paid on the back end over and over and over. And everybody wins, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So that's what it was.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So minimum qualifications, I call it like the best scenarios. There's again, other ways around that we'd be here for hours speaking about it. But the best case scenarios nowadays for banks is going to be 740 credit or above. At least three accounts of $3,500 primaries. They have to be yours. So $3,500 plus and minimal inquiries. That's the best ones, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Because and you want to have some of your cards being used, right? That's another thing a lot of people don't know is too much available credit is a thing. Because banks will look at you and be like, why does Paul want more money? He has 80K sitting in a credit card. Why does he want more? He doesn't, you know, so you want to kind of use 20 to 25% of that card. So they're like, Oh, okay.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You know what I mean?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So top three reasons, it's the biggest reason, which baffles me every day, is when I tell them the game plan and they do a part of the game plan. Got it. So they'll pick and choose. They're like, oh, I'm going to go for an Amex really quick. And then they come, hey, I got an Amex just so you know. I'm like... You ruined it because Chase has a 524 rule. And now we're stuck in a jam.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I can't get you no more funding. Oh, why? I'm like, because Amex was fourth in line. I just gave you the game plan for full transparency. So you're not seeing inquiries like, oh, why'd I get this? You know what we're doing. That's a big reason, it's like, if you're hiring us for funding, let us do the funding. So believe it or not, that happens quite a bit, which is still baffling to me, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
But that's one of the biggest reasons. Another thing is gonna be cars. Everybody, they're eager, they wanna buy a car. I'm like, delayed gratification. Let's get you funding first, get you the car. Hey, Sam, guess what? I got a car, though. I'm like, dude, which car? This one. That's not even the one you wanted. We could have went for the one you wanted after the funding.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So little things like that, they make a huge difference because new credit, banks hate. They hate new credit. So there's something called setting up for funding. Hence, a perfect example, I run a funding company, but I haven't done funding for myself in over eight months. But in June, why not May? Why not right now in April?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Doing good. Thanks for having me.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
In June, I'm doing funding for me, a little bit on my personal side, and more on my business. Because I'm setting myself up for funding in June for best qualifications and scenarios.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yeah, so that's a thing.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Absolutely. So...
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
increase after six months they're there but they don't hurt you as much but we rather have them a year old so like anything from you know April of 2024 right that's fine so I'm waiting for that to happen right so less increase utilizing my cards strategically one thing that I like to do is max out my cards every month pay them off max out pay them off that shows the bank that it's not enough
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I like it. Always going to like Miami. It's hard not to like.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Like Bank of America. People watching this will probably know. I don't know what's wrong with them, but Bank of America, you could have 80 grand on one card at Chase and 150,000 at Amex, they'll give you 5,000. You could have a business with them generating 200, 300,000 a year and they see that, they'll give you five grand. So they're notorious.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So I'll max out that five grand every single month setting up. So what's gonna happen in June? I'm gonna go to Bank of America. It's been nine months of maxing out 5K and paying it off. Guys, maxing out sometimes twice a month, 10, this is a pain. I'm wasting time having to pay off my card, waiting for available credit to reuse. You know what I mean?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I'm setting myself up for June, most likely about a 90% chance they're going to up the five to about 15 or 20. Interest free. Yeah. You see what I mean? Yeah. So little things like that, right? A year goes by, your interest free is about to expire. There's a way to do a retention offer. There's a way to extend it for another year, six months, a way to move your credit lines.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So little things like that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So... One of the biggest things is retention offer, right? So it doesn't always work, but the second scenario always works. But the first one is you always want to try the retention offer, right? You're going to let them know, hey, I've loved this card as you can see, so you've used a lot of it. You want to use as much as you can. And, you know, I always pay it off.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I love the card, but it's not going to work for me. It's not interest-free anymore. What they'll do to retain you because you're going to threaten them that you're going to close it. without saying you're gonna close it. But they're gonna get the gist of it, right? So what they're gonna do is they're gonna most likely extend you six months. Sometimes you get lucky a little bit longer, right?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
It's happened before. Another way you do it, which is a little bit more tedious, but it works, is you could keep revolving this Three, four, five years is, let's use Chase as an example, interest-free for 12 months, you get another LLC, and you apply for that one before your 12 month mark. Now you have a new 12 month, right? That credit limit you have here, you can move it over.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
How is Las Vegas right now, dude? Right now it's good, but it gets hot. It gets hot. It gets super hot and uncomfortable. Okay.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So now you have a bigger limit on a card, interest-free for another 12 months.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
That's the more tedious part. So it's like, you know, for entrepreneurs, you know, when you're an entrepreneur, you know, one LLC is not enough for many, many reasons. You know, trust account, S-Corps, LLCs, you want to have that. Even if you're not using them, they benefit you in many different ways, right? Number one, funding, right? I could do funding for Next Level Funding.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
I could do funding for Prestige Pulse Agency, all my other companies, Next Level Ventures, which is our real estate that we have. So I'm able to move everything in a strategic way. You know what I mean?
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
We do. So out of every 500 leads we get, believe it or not, about 450 are credit repair. Wow. They say they're not, but it's like they are.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Even if it's a one 30 day late. It happens, you mess up, or you mess up the time. It happens, right? It's like, because if you wanna be very technical, right? You have the 30 days to pay, then you have a whole 30 day before they've reported late. Not saying do this, not saying you have 60 days, but if you wanna be very technical, you do. But once you, but your goal is to always pay on time.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
All it's missing is the beach, though, because but same thing. The hub there is insane. Yeah. A lot of old money goes there. Right. Which then becomes new money. Right. Right. That's awesome, dude.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
When you get there, right? Like, on the 30th day, they report it to the agency, even that morning. You could call that day. It's like, it's been reported. I've seen that happen. Wow. So late pays are very hard. Why? Because the account is open. So it's your account, and it's open, and now it's late. And late payments, by the way, guys, is 35% of your credit profile. Wow.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
The next big one is utilization. It's 30% of your credit profile. And then it's collection. That's 10%. So a collection, which is horrible, is 10%, while a late payment's 35 of your whole credit profile. So I've seen scores of 770, 780, go down to the 605 from one late. Wow. Wow. Ridiculous thing like that.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So those two things in check, you're good. If you have a collection, they're easier to remove because a collection is debt that's been sold off. Got it. Technically in this country that should not be sold because that has no value So how do you sell something with no value? So you can kind of hit them with a little bit of consumer law You know what? I mean, but that's still yours.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So don't let these guys tell you Oh, it's collection that that's not yours that that will always be yours because it's in their system until it's purged out Which is years of purging not the seven years like credit like credit bureaus in chase They'll know for 15 20 years are gonna know and we just went through this experience with a client right now as we speak Wow Yeah, so very important
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Um, so again, courses, great courses, not so great courses, um, you know, investing into some mentors, you know, guiding me and 2020, um, I got into the 75 hard. So I was like, you know, instead of 10 pages of nonsense, I'm gonna read, which you shouldn't read nonsense. Cause he says, try to motivational and growth. I started reading, um, consumer law a lot. So I got deep into it.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You know, I was like, I'm about to be a lawyer now, you know? I got as deep as possible into consumer law and just started learning. I'm like, okay, so they could do this, but I can do this to loophole this. Right.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
Yes, because that's how you counter them. You know what I mean? You're asking a bureau to prove to you that that is yours. How does Experian know that that's yours? You never walked into Experian headquarters, sat down, applied for an Amex in front of them. You never did that with a wet signature ever.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So they need to use the law to help them counter you, which 99% of the counters are verification. So off the bat, when you do credit repair with us, we already hate you with all that. We make sure your social's there, your ID's there, front and back. There's no coming back with like, are you sure you're Paul Alex? You got all the info right here.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
So a lot of it started from relationships, right? My first business venture was construction, right? And in construction, I needed money. So I was, you know, go to banks. This is in the third. I started going out, right, meeting more people and meeting, they're called BRMs, business relationship managers.
The Level Up Podcast w/ Paul Alex
How to buy a Rolex with Credit Card Points In 2025
You got my ID, my utility bill, and my social front and back. So we kind of one step ahead every time.