I can't decide how to redeem our first Discover reward of $150. Cash is what I was planning and expecting when I applied for the card. However, there are options to redeem for gift cards. One example of why this is a good deal: a $100 Lowe's gift card for $80 of our rewards.
The Lowe's card is one we would definitely use with summer coming. We plan to do some painting, fertilize the lawn, and plant a few bushes.
The other gift cards aren't overly appealing. Lots of restaurants and places we don't shop. Of course, I'm sure I could find something! I also know our only choice for redeeming our $500+ in rewards on the Southwest Visa, besides an airline ticket, is gift cards. That is a lot of gift cards!
What would you do? Is the cash better, or is getting the most value better?
I Can't Decide!
March 28th, 2014 at 01:24 pm
March 28th, 2014 at 01:49 pm 1396014578
Leveraging Up Cashback Rewards:
http://retired-to-win.savingadvice.com/2014/03/18/leveraging...
March 28th, 2014 at 02:10 pm 1396015807
However, if you can't decide, there is nothing that says you should. You can just leave cashback in there until you know what would be the best use.
March 28th, 2014 at 02:23 pm 1396016635
I personally like to get Amazon credit, because gift-buying is an important part of my budget.
March 28th, 2014 at 02:53 pm 1396018382
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March 28th, 2014 at 04:35 pm 1396024540
March 28th, 2014 at 06:03 pm 1396029793
March 28th, 2014 at 07:43 pm 1396035781
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March 29th, 2014 at 12:47 am 1396054072