4 ms·
It's also nice that the cash back is actually cash which can be automatically directed into the accompanying savings account, where it accrues 4.10% APY interes
by jwells89 2y ago
It's also nice that the cash back is actually cash which can be automatically directed into the accompanying savings account, where it accrues 4.10% APY interest. None of the usual funny business with points with shifting valuations, restrictions on how they can be spent, etc.
- xp84 2y agoNot that I mind anyone's preference for cash, but there are a ton of people in the credit card rewards 'game' who vastly prefer points (especially the top tier of 'transferable' points). In general, you can usually get more value out of points. My main point (no pun intended) is that the implication that paying rewards in something like points or miles is done mainly as a scam, is inaccurate. On the good credit cards, at least.