@Wade64 wrote:
@Boragard wrote:
@MsLadyRover wrote:
I have a total of $249.81 in Discover Cash Back.
What's the best way to utilize the cash to get the best bang for my buck? I was thinking about doing a statement credit. Do you think the other options to use your cash back are better?
Your thoughts?
I say cash it out and open up a CD or IRA Roth and let it grow even bigger if you really want bang for your buck!
I want to see how much cash I can get back so I am letting mine grow
Unless you are waiting for a special offer, I don't see the point of accumulating cash back stuff with an issuer without redeeming. Cash is cash, you could earn interest on it, or use it for some opportunity. Leaving it with the issuer doesn't make it grow, and in many cases puts it at risk if the issuer closes the card.