I have around $1500 in discover cashback, does any...
# credit
w
I have around $1500 in discover cashback, does anyone know the best way to redeem them, besides for just statement balance?
n
They should let you put it into a bank account. They might restrict it to accounts that have paid your cc bill in the past - lost track of which bank has what rules
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w
So basically I just get the cash
s
Usually redeeming points for a gift card gets you a better return than straight cash/statement credit. There are some decent deals that go as high as 20-25% off
n
Discover offers that?
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f
Sometimes, some Amazon items are discounted when you pay partially with Discover points. I think you can get the discount even if you use only one point.
thankyou 1
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s
Yeah discover offers discounted gift cards. I got one a few months ago for Airbnb, saved like 10% on a vacation rental. For the Amazon offers, you're right that it's enough to just use 1 point/cent to get the discount. Paying with discover points on Amazon gets you the same 1 cent per point return as cash and statement credits, so I just use 1 point to get the discount and put the rest on my credit card
n
Right, I always leave some cents in my cash back for that
Even better is to buy Amazon credit with a 5% card and use that with the point