veggieburrito

This was spurred by a concurrent post about not storing money in PayPal or equivalent - also crypto exchanges.

I like credit cards that have cash back rewards and typically redeem when they’re around a hundred dollars. But maybe would consider doing this at a lower reward value if there’s any risk?

Any thoughts on this or is it “safe” to let rewards accumulate to higher values? Not sure what the fine print reads on the rewards agreements etc but would assume it differs between banks.

I have maybe 4-5 active cards and only really use 2 of them. Maybe end up redeeming a couple hundred dollars of cash rewards maybe a couple times a year.

Cheers and thanks