i’ve been earning points and cash back but i’m not sure the smartest way to use them. should i save them up for big purchases or just redeem as i go? what do most people do?
what’s the smartest way to actually use credit card rewards?
byu/Adalgisa_Atesoglu inCreditCards
Posted by Adalgisa_Atesoglu
1 Comment
It seems to be a matter of preference. Some like to stockpile them for major purchases, while others “earn and burn” every month.
The sticking point is to remember that you have them. There have been enough horror stories about people who had a massive hoard of points just left sitting, and for one reason or another, their account was closed and the points were lost.
I wouldn’t let them sit for longer than 3 months to a year.