Money Matters
LillibetteV
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
how often do you cash in?
How often do you all cash in your cash back on your credit cards? Every month? Whenever the balance looks high? Whenever you need a little extra money? I'm curious because for at least one of my cards I can cash in the full amount straight to my savings account (the other is in $25 increments and only as a statement credit) and I'm wondering if I should be more diligent about moving it over into an interest bearing account (or the investment account). We literally buy everything possible on credit for the rewards so it gets a decent balance fairly quickly.
Re: how often do you cash in?
Usually when it hits $20+
We either put it towards my statement, buy a gift card, or get the cash for it
I'm pretty random about it. I don't really want to bother with it until the cash out is at least $40. Other than that, it is usually if I happen to be looking at the statement at the same time I actually feel motivated to call and put it toward my balance, lol.
And that is what I always do with my cash backs. I just put them against the balance.
But I use them for travel, so it's pretty sporadic.
For my Discover Card I save it and usually use it for gift cards unless the balance is very high and then I'll make a transfer.
Because Discover gift cards get an extra $5 or $10 in value I find them to be a better deal than the cash back. For example I just spent $45 on a $50 Groupon gift card that I used to buy our Chicago boat tour. And the $20 for $25 at Bed Bath and Beyond is great when we need something from that store.
For my Capital One Venture One, I cash it in once it's over the minimum $20 credit and it's only toward travel expenses. But I don't use that card as much any more.
I just got the Chase Sapphire Reserve and paid my grad school tuition with it today. So I should be getting the 100,000 points in the next few weeks. I probably won't cash that in until DH and I decide when and where to vacation.
DH on the other hand let's points accrue forever. He last cashed out his rewards to buy a PS4 on Black Friday and he about $380 in rewards at that time. He has about $790 in rewards for his Citi Thank You Card that is good toward travel. So we will probably cash that out with my rewards and have about $2,300 toward a vacation.
My H would hoard his. Before he closed out his Chase Freedom card he had $750 in rewards to cash out. We put it toward debt.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
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