re: How much do you have built up in CC points/rewards?

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Wouldn’t it basically be the same thing? If you get a statement credit, that’s $5 less you need to spend to pay off that balance. As a result, $5 more to spend and get the same $5.25?

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No, I saw a article a while back saying the same as I did. But can't seem to find it

Let's say you go your route with two 100 dollar purchases.

Spend 100 and get 5 dollars back (5%). You credit that to your statement and make another 100 dollar purchase (95 with your credit). You will get 4.75 (5%) back on your 95 dollar purchase.

So you've spent $195 dollars and gotten $4.75 back you then stick in savings. So $195 spent and 4.75 in savings. So 190.25 spent.

Go my route and you spend 100, put 5 in savings. Spend and another 100 and put 5 in savings.

You've spent 200 dollars and have put 10 in savings. 190 dollars spent.


Whether you put in savings or just spend again towards your next credit card bill doesn't really matter much. Just used for clarification.

They don't pay rewards on statement credits. That's where the difference is.