I can't bring myself to cash in rewards. I have accumulated $718 since November 1st and can't get myself to accept the credit. As if I'm saving them for a rainy day or something. I do the same with my other accounts too. Am I the only one? Took me 7 1/2 months to accumulate.... just don't want to see the number stop growing. I guess my only risk is that if CapOne closed my account for some reason I would miss out on all that reward.
If you don't want the cash back I'll glady accept it
In all seriousness that is some strong will power! I redeem minute amounts right away i.e. 0.02 cents sometimes
@kdm31091 wrote:
Look at it this way. Why earn rewards if you never claim them?
I would call myself a semi-hoarder. There's something psychological about seeing rewards continue to accumulate.
I prefer to redeem my rewards on something substantial like 1st/biz class tickets or luxury hotel stays that I would never actually pay for full price.
Redeeming $25 to cover me for a fill-up just doesn't do it for me. But of course, we all play the rewards game for different reasons which makes it fun.
It's become a game in our house.
ME: "Hey wife, remember... Amex Blue for Groceries and gas!... everything else put on the QuickSilver"... she got frustrated with me this weekend when I said.. "Why did you use the Blue at Sam's?..."...she said... "because you said to use it on groceries!".... I said: "yes, but remember it's not valid at wholesale stores or walmart or target, etc.".... her final response " uggh, I'm trying to follow your requests..I give up." 
We only got 1% using Blue in the case instead of 1.5% with QS... it all amounted to about $1.11 difference in rewards but hey!
@dallasareaguy wrote:I can't bring myself to cash in rewards. I have accumulated $718 since November 1st and can't get myself to accept the credit. As if I'm saving them for a rainy day or something. I do the same with my other accounts too. Am I the only one? Took me 7 1/2 months to accumulate.... just don't want to see the number stop growing. I guess my only risk is that if CapOne closed my account for some reason I would miss out on all that reward.
What about creating a separate savings account to just put your rewards in so they can accumulate without being tied to Cap1? I was thinking about doing that with my rewards.
What about creating a separate savings account to just put your rewards in so they can accumulate without being tied to Cap1? I was thinking about doing that with my rewards.
I see your thoughts... I had been thinking that if I left things alone until Christmas time, I would have approximately $1250 in there based on current spend per month. This idea would make sense... have them send me a check and just deposit it into savings account.. removes any kind of risk whatsoever of rewards loss and would technically earn a couple bucks in interest as well. I might be about to hit the cashout button!
@dallasareaguy wrote:It's become a game in our house.
ME: "Hey wife, remember... Amex Blue for Groceries and gas!... everything else put on the QuickSilver"... she got frustrated with me this weekend when I said.. "Why did you use the Blue at Sam's?..."...she said... "because you said to use it on groceries!".... I said: "yes, but remember it's not valid at wholesale stores or walmart or target, etc.".... her final response " uggh, I'm trying to follow your requests..I give up."
We only got 1% using Blue in the case instead of 1.5% with QS... it all amounted to about $1.11 difference in rewards but hey!
In that case, are you thinking about going for a 2% card. You're leaving 0.5% on the table here. lol.