Rare Credit Card Gives MrBeast Such A Mind-Blowing Cashback That It Puts Him In 99% of Income Earners From Rebate Alone

Published 11/16/2022, 3:00 PM EST

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MrBeast is a millionaire and there is no doubt about it. But the fact that despite spending so much money on his videos, he is still able to manage his finances is a really big deal. Thus the question arises, what kind of credit card does the millionaire YouTuber use?

Therefore, it seems that now someone has finally found out how MrBeast is able to do the same, by using a very rare kind of credit card for his payments, that allows him to get a handful of cash back. Sometimes even more than an average person’s income.

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What type of Credit Card does MrBeast use?

If you have watched his recent videos, you would have also noticed that the King of YouTube on many occasions gives his credit/debit card to his participants and allows them to spend money on anything that they want to buy. This is also the reason why MrBeast sometimes feels regretful as many participants spend thousands, if not millions, of dollars from his card.

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But the actual question is, what kind of credit card does he use? And now a content creator by the name of ‘Magnified Money‘ has finally decoded this mystery by doing some rather impressive investigation.

According to him, MrBeast uses a Cashet Mastercard, which is actually a unique type of product as it is specially made for independent TV and movie producers. Surprisingly, the card has a special feature that allows the user to get 1% cash back on any movie-making product purchase.

The YouTuber earns more money from cashbacks than an average American employee

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That means, if MrBeast spends an average of $4 million on his video per month, he will be getting a cashback of up to $40,000 per month or $480,000 per year. Notably, that amount of money actually means that the YouTube King is actually earning more money on cashback alone than most average American employees.

Notably, this could also mean that MrBeast can save thousand on several taxes, as according to Tax Laws, Cashback is not taxable in many places. Meaning it’s a win-win situation for the content King. Also, this means that MrBeast comes in the 99 percentile of income earners in the US because of his cashback alone.

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What do you think about his money-saving strategy? Let us know in the comments below.

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Written by:

Shivaditya Ghoshal

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Shivaditya Ghoshal is an eSports writer at EssentiallySports. He holds a Bachelor's in Computer Applications and is currently pursuing his Master’s in Commerce from Lucknow. Shivaditya holds a keen passion for video games and follows all the latest releases and trends in the gaming industry.
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Edited by:

Jito Tenson