So I use my credit card and always pay it off each month, so I never carry a balance. I use it since it rewards me with points and while I could easily just use my bank cards, I feel at least with my credit card I get a little back. Initially I was cashing in my rewards for gift cards, one year I bought nearly all of my gifts with gifts cards from my credit card. But I also noticed with these gift cards, I would end up spending more money at the retailer. Not the best for a budget, of course! With a little more research, I realized for the same amount of points my credit card company would credit cash towards my balance. So rather than spending a little more money with those gift cards, I now have the cash rewards applied to my balance. Much better for the budget! I started to wonder how do others use their credit cards rewards?
To read about or spill similar savvy revelations, post in my How Do You Save group.