What is the most cost-effective way to redeem credit card points? Some people think that it is most practical to exchange physical objects for points, but it is not the most cost-effective way to exchange physical objects for points. Because most banks' credit card points can only be exchanged for goods with points and money, and the prices of those goods on Taobao are relatively low, but if they are exchanged with points and money, they will not save much money, so it is not cost-effective to exchange points for physical objects.
When redeeming credit card points, you can consider redeeming "virtual goods" or discounting or returning credit cards, which is relatively cost-effective. For example, Guangfa Taobao credit card points can be exchanged for Jifenbao, and then cash out directly with Jifenbao when paying. Bank of Communications Wal-Mart Credit Card, the points spent can be used to exchange special credit card funds, which can be used to deduct the in-store consumption of designated Wal-Mart stores.