Hey all,
Just curious what you guys do as far as cashing out your CC points and how frequently or at what $/pt amount threshold you do it.
Do you typically just pay off any statement balances first, then transfer the remaining $/pts to your investment account and buy index funds, for example?
Or do you look for the deals on gift cards (like 10% off Home Depot, Amazon, grocery stores, etc) and buy a bunch of those if you have 'anticipated' purchases then transfer the rest to your investment accounts?
Any benefit in keeping any points in the account? I know sometimes Amazon has % off discounts when you pay with points (and you can apply a minimum of 1pt/1cent to your purchase to get say 20% off through Amazon if you qualify for the offer). That's the only 'benefit' that comes to mind, and that would only require a running balance of 1 point at that point lol.