Cashback: What’s Your Play? 💸

Community Lounge
1

Yesterday we talked about making your cash back work harder by sweeping it straight into your Neo High-Interest Savings Account instead of splurging it right away. It was awesome to see how many of you found that tip helpful!

It got us curious about how everyone approaches their rewards on a day-to-day basis. When you cash out, where is your head at?

  • Move it to Neo Savings: Let it sit, compound, and build toward your financial goals.
  • Spend it: Use it immediately to offset everyday purchases or treat yourself.
0 voters
4

Actually I use it to pay down my credit card balance so I guess savings … :slight_smile:

5

Ditto. I like reducing my credit balance with reward $. It avoids a round trip of adding $ into my bank account then using my bank $ to pay off my credit card.

6

Pro tip - you can buy giftcards on the Neo store for less than their full price (i.e. a $100 giftcard for $90). Assuming it’s somewhere you’re already planning on going, you just saved 10%!