How often do you Cash out on CB?
Mar 24, 2014, 4:48 pm
#1
Original Poster
Join Date: Aug 2012
Location: SoCal
Programs: Hyatt, SPG, IHG
Posts: 100
How often do you Cash out on CB?
Just wondering how often for you people that rather have cash back, then points for cash out? Do you have them applies to your statement, or mail you a check?
Mar 24, 2014, 5:17 pm
#3
Join Date: Dec 2013
Posts: 3,504
Is this because you are afraid you might get shut down and the need to dump the CB into statement credit ASAP?
Mar 24, 2014, 5:19 pm
#4
Join Date: Sep 2013
Location: SNA/LAX
Posts: 1,407
Mar 24, 2014, 5:38 pm
#5
Join Date: Sep 2013
Location: Warm, sunny Florida
Posts: 251
I used to do CB. More value though in transferring points though so I've stopped doing so. Planning a stay at Swan and Dolphin this fall. At 10k points for a $200 / night room, it's better than cashing out 1 for 1.
Mar 24, 2014, 6:05 pm
#6
Join Date: Feb 2006
Programs: HH Gold (again), US/UA/DL non-elite, ZE Presidents Circle, WN reluctant no fee convert.
Posts: 1,449
Mar 24, 2014, 6:52 pm
#7
Join Date: Apr 2012
Location: MKE
Programs: Hyatt Diamond, SPG Plat, Hilton Gold, Club Carlson Gold,
Posts: 639
Mar 24, 2014, 7:44 pm
#8
Join Date: Jul 2011
Posts: 11
As soon as the statement hits and the points post, they're either being applied as a credit or cashed out. You never know when AA is going to hit, so why risk it? I've had cards I hit hard and once the promo was over (Chase AARP 5% on anything) say 6 months later get shut down when they finally got around to reviewing.
Mar 24, 2014, 7:54 pm
#9
Join Date: Dec 2013
Posts: 3,504
As soon as the statement hits and the points post, they're either being applied as a credit or cashed out. You never know when AA is going to hit, so why risk it? I've had cards I hit hard and once the promo was over (Chase AARP 5% on anything) say 6 months later get shut down when they finally got around to reviewing.
Mar 25, 2014, 10:17 am
#13
Join Date: Dec 2012
Location: Murica
Posts: 344
Not soon enough...Barclay has a bunch of my miles held hostage. Citi tried to pull it with me but a CFPB complaint worked in my favor but only because they had already sent me a check in the mail and put a stop payment on it.
Mar 25, 2014, 10:42 am
#14
Join Date: Aug 2004
Location: Seattle
Programs: United Airlines Premier, Starwood Gold Preferred Guest, Hyatt Gold Passport, Club Carlson Gold
Posts: 356
As soon as possible! I just don't see any good reason not to unless you're saving up for a different redemption option.