TAG

Points

Points & Rewards · 5 min

How I Use the Schwab Platinum Card to Turn Credit Card Rewards Into Investments

I use the Schwab Platinum Card as the final destination for nearly all of my American Express Membership Rewards points. Instead of saving points indefinitely or forcing myself to redeem them for travel, I cash them out into my Schwab brokerage account and turn everyday spending into investments.

Sep 8, 2026