Best Use of Debit Cards with cash balances

[FargoI]

Hi.

We accumulated a bunch of debit cards with varying amounts of prepaid funds. Ordinarily we try to maximize our CC around accumulating bonus points or cash. Looking for suggestions on how best to spend down the prepaid debit cards. Thanks!

 

[The Cosmic Avenger]

Hi.

We accumulated a bunch of debit cards with varying amounts of prepaid funds. Ordinarily we try to maximize our CC around accumulating bonus points or cash. Looking for suggestions on how best to spend down the prepaid debit cards. Thanks!

I used to use them for takeout meals, as it was a way to treat myself, but the smart answer is to use it for the lowest reward category that your credit card offers. I get 5% back at Amazon, so I NEVER choose gift or debit cards or use rewards there. I also get 2% back for restaurants, gas stations, and drug stores, so I shouldn't use my debit cards there either. But then, my lowest reward category is 1.5%, so I might just use them at restaurants anyway.