What do you do with your cash back rewards in your credit cards? I can convert them to gift cards or statement credit (cannot use for travel) but I usually just leave them there. Is it better to take the money out?

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Unless there is a step discount on the gift card take it as a statement credit or cash to bank account.

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*steep. Gift cards require extra effort to use and you miss out on credit card rewards so I'd personally want at least 10% off to select a gift card over cash back.

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I usually transfer it to my bank account and then move it to my brokerage account . But only when it reaches a few hundred bucks

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i always do statement credit. i don’t like to think of it as a reward so that helps me mentally keep it that way.

I spend it on vacation when the cash back balance gets high enough.

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