We receive compensation from the products and services mentioned in this story. Learn more about how we make money and our editorial policies. Learn more.

5 Clever Moves When You Have $1,000 In The Bank

SAVING & SPENDING
Last updated July 18, 2024 | By FinanceBuzz Editors
$1,000 in Checking Account

Boom! You’ve saved up $1,000. What a fantastic feeling. No more stressing over your account balance every day!

And thanks to your hard work, you’re now on a solid path. But what comes next? What big goals are you eyeing? You could earn extra money playing games … rapidly start getting out of debt … fund a major purchase … and much, much more.

It’s time to think about your next move. (It’s why you’re here, after all!) Below, you’ll find truly actionable steps you can take to elevate your financial game. Let’s take a look:

Earn up to $360 with this cash back account

We hate to tell you this, really, but if you aren’t banking with Discover, you could be missing out on tons of cash back — up to $3601every year!

Earn up to $360 in cash back: With the Discover®️ Cashback Debit Checking account, you can earn 1% cash back on up to $3,000 in debit card purchases each month! Member FDIC. See website for details.

This account allows you to earn cash back just like a credit card, even though it’s a debit card. But unlike a credit card, you earn cash back on everything (not just certain purchases)! And it has other great perks too … enjoy Early Pay (get your paycheck up to 2 days early), no minimum deposit or monthly balance requirements, and over 60K fee-free ATMs.

Apply for an account here. Then, fund your account and start using your card immediately after receiving it — that’s the best way to start earning cash back quickly. This is a powerful way to earn up to $360 every year without much extra work!

Open your new Discover®️ Cashback Debit Checking account here

P.S. Discover will close your account if you don’t fund and use it within 45 days. Since we don’t know how long this 1% cash back benefit will last, you should take advantage of it as soon as possible.

Pay no interest on balance transfers into 2026

Imagine getting 18 months with 0% intro APR on a balance transfer. Sounds great — right? You could dramatically change your financial picture with this industry-leading card - the Citi Double Cash® Card.

If you want to kick high-interest credit card debt to the curb, this is one of the leading get-out-of-debt cards available. Transfer your high interest debt to this card with a 0% intro APR on balance transfers for 18 months. After the intro period for balance transfers, the APR is 19.24% - 29.24% (Variable). Your payments can go directly to paying down your balance without incurring a pile of additional charges. That could save you hundreds of dollars in interest!

It doesn't stop with balance transfers though. Cardholders can also earn double cash back — 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases; plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24. The best part - you can redeem your cash back as direct deposit, a statement credit, or even a mailed check! You can turn your everyday purchases into cash back and make a dent in your debt, regular bills, or save for the future.

The best part? There's no annual fee with the Citi Double Cash® Card(Rates and fees).

Click here to apply now for the Citi Double Cash® Card

Ask this company to pay off your credit card debt

Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.

National Debt Relief is designed specifically to help you get out of credit card debt faster, without having to make drastic life changes. With National Debt Relief, you could pay off your credit card debt (with potentially way less interest) in one simple monthly payment.2

How to get National Debt Relief to pay off your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can immediately assist you in paying off your debt, but only if you schedule the assessment.

Try it

Borrow up to $50k to finally crush your debt

Looking for some cash to pay off credit card debt? A personal loan could help.

Our partner AmONE will match you with loan providers to fit your specific needs. Just fill out one quick application and they’ll show you multiple loan offers. There's no fee and no minimum credit score needed to see your rates.

Why not check if you qualify? As long as you’re approved, you could receive your loan as early as the next business day.

Check your rates here

  • You could save up to $600 with some companies
  • Compare dozens of providers in under 5 minutes
  • Fast, free and easy way to shop for insurance
  • Quickly find the perfect rate for you