Discover is giving eligible cardholders a new way to redeem rewards, and it may be welcome news for online bargain hunters who haven’t yet wrapped up their holiday shopping lists. Select Discover cards now allow you to redeem cash-back earnings and miles via PayPal when making a purchase. With this redemption option, $1 in rewards equals... Sara Rathner is a writer at NerdWallet.

Topics:  personal finance   
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