Nixon wrote:I'm going to consider the DC again next year when the Discover promo expires. Unless something better comes out.
I know you hate Capital One, but I honestly like my Quicksilver better. I know the rewards posting instantly isn't a big deal to some people but it is much nicer to see them adding up right away.
There's also the aspect that if I got a DC, my QS would be useless, and Cap One has been good with growing my QS limit so I don't want to just ditch them (Plus, DC typically gives pretty crap limits)
The only situation in which the speed of reward posting should really matter is when the rewards are substantial and inflexible. Having 10k airline miles post quickly can be very important if you need to book travel soon.
But for ongoing, non-bonus cash back, it seems very trivial whether cash back is available right away or in 30 (or 60 or 90) days. The actual interest you can earn/save on a moderate sum for a month or two is a negligible consideration.
Similarly, some people complain about some cards that require a minimum $25 cash back redemption. Cards that have no minimum can be very popular. They never stop to ask themselves whether it makes sense to get a card that won't actually save them more than $25 in total.