Credit Card Hacks To Help You Save And Earn More Money

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Or, invest your cashback

If you don’t need anything from the vendors in your card’s shopping portal and want to make your cashback rewards go further, just reinvest them right away into a savings account. Don’t touch them. Don’t put them in your checking account. Funnel them immediately into a savings account where they can earn money for you. One former stockbroker and financial planner breaks down how your savings should be built here. There’s another way to invest your cashback: if you’re working on paying down your credit card debt, use your cashback to pay down the balance.

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