Finally! We can get rewarded to budget!
This is a sponsored post curated by me on behalf of Relay®. All opinions are 100% mine!
Budgeting…yes I know, some people might think it’s boring. But I think budgeting is exciting, because it puts you in charge of exactly where you want your money to go.
Speaking of being in control of your money, when was the last time you got rewarded for your planned spending? I am not talking about some of those credit cards that give you 1% cash back and then charge you 25% in interest and hundreds in fees. I’m talking about a time when you were in control of your finances, planned ahead, stuck to your budget and got a financial reward for it.
If you’re like me, you’re probably having a hard time thinking of an instance like this. Honestly, even with my financial background, I never heard of anything that rewarded you for planning ahead, budgeting and doing your usual everyday spending, until I recently heard about Relay®.
So, let me tell you how you can get rewarded for your regular spending habits with incredible cash-back. The formula is pretty simple:
Make Plan + Work Plan = Earn Cash-Back
Relay® is a totally new financial product, designed for smart spenders and planners, which combines an immediate annuity (without typical surrender fees or penalties if funds need to be withdrawn) with a prepaid debit card. Let’s say that you have some home improvement expenses you’re planning for, and you have a set amount put aside for them. You can drop that amount in a traditional checking account and earn maybe .01%. Or you can use the funds to open a Relay® account, receive a set amount from the account monthly for the things you plan to buy AND receive incredible cash-back as they spend! This is pretty cool, as it provides you the opportunity to earn cash-back on money that would otherwise just be sitting in an account until it’s spent, earning little, to no money.
This spending can be applied to so many things, such as a big travel budget, or recurring monthly expenses like cable and cell phone bills or even practical, day-to-day expenses like on groceries, gas and clothing or whatever your little heart desires! I wish this was around when I was preparing to travel full-time. Relay® would have been the perfect tool – I would have deposited the money I had set aside for my adventures, then the money I needed would have been put on my prepaid debit card each month – and I would have earned cash-back on every dollar I spent!
If you are over low interest rates and ready to finally reap the rewards of your financial discipline by earning competitive cash-back of 3-13% each year (depending on the length of the plan chosen), with no merchant restrictions, penalties, blackout dates or annual fees, then Relay® may be for you! Just check out their website for all the information.
Relay® is currently available to residents in Florida, Illinois, Indiana, Massachusetts, New Jersey and Texas, with service expanding to California soon, and additional state expansion planned for the coming months.
To learn more about Relay®, follow along on their social channels.
- Facebook (@Relayrewards): https://www.facebook.com/Relayrrewards
- Twitter (@Relayrewards): https://twitter.com/Relayrewards
- Instagram (@Relayrewards): https://www.instagram.com/Relayrewards
[Footer (disclosure)] Relay offers an immediate annuity, form number GLA-SPIA-RL-01 or a variation of such, issued by Guggenheim Life and Annuity Company (d/b/a Guggenheim Life and Annuity Insurance Company in California; NAIC#83607) (“Guggenheim Life”), a Delaware-domiciled insurance company with its principal office in Indianapolis, Indiana. Relay and/or certain features may not be available in all states. Guggenheim Life is currently licensed and authorized to do business in 49 states (all states except New York), the District of Columbia and Puerto Rico.