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Making SmartyPig Work For Me

October 5th, 2013 at 08:14 pm

As scfr posted about in August, SmartyPig is an actual bank that's currently paying 1% and they even pay you extra when you redeem some of your funds on to a gift card. I've had an account with them for a few months now and I don't know why I haven't thought of this before. Every month I get paid my monthly GI bill benefit for taking classes and I normally just let it sit in my USAA account until I need to pay tuition. I get paid monthly but because I'm a veteran the school allows me to participate in payment deferral so payment isn't due until 65 days after the course starts. I just started another class 3 October so tuition won't get charged until 8 Dec. I can at least earn almost 2months of interest on $3400. It's not much but its more than what I'm getting now. As many of us has said before, small amounts add up over time and I will take it!

Now I need to think about which giftcards I might need and take advantage of the extra cash back they give.

3 Responses to “Making SmartyPig Work For Me”

  1. scfr Says:
    1381000753

    Yay!

  2. rob62521 Says:
    1381029818

    Good idea...keep us posted!

  3. creditcardfree Says:
    1381076056

    Nice!!

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