Can you sacrifice credit card reward points to pay down debt or negotiate with credit card companies?
Dec.24, 2008 in
Negotiate Debt
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I'm just curious because I have a ton of reward points I've never cashed and would rather pay off my debt. I was wondering if I can cash those in for a percentage of my debt. It may be a stupid question, but it's worth a shot! Thanks!
If you read your credit card agreement you will see that you can't use reward points toward payment.
December 24th, 2008 at 3:46 pm
No, the reward points have no value for them, they can't sell them or get money for them. They would be insane to give you money for them.
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December 24th, 2008 at 4:28 pm
If you read your credit card agreement you will see that you can't use reward points toward payment.
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December 24th, 2008 at 5:04 pm
pennies on the dollar man
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been there,done that
December 24th, 2008 at 5:13 pm
Check out Debt Consolidation or Debt Management plans.
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January 8th, 2009 at 11:30 am
No you cant. I saw this question on Yahoo Answers.