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RE: What happens if I don't redeem my rewards?

Congratulations mate. I too received my first reward and don't know what to do with it. Move it to wallet or keep it as is.
Under savings I see below comment

SAVINGS
Balance subject to 3 day withdraw waiting period,

Do I have to withdraw it from the wallet too in 3 days ?

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No, wallet is available anytime, Savings is 3 days.

You can convert your sbd to bitcoin and change it to fiat

Thanks @samstickkz
One last question, How frequent do they pay out the rewards. I got couple of rewards on the 7 day from the join date. But did not get any on the 8th day. Should I expect rewards everyday or just every 7 days. If every 7 days, how is the payout window decided.
Sorry may sound silly but visited too many posts and I got no concrete answer.

I understand @blog-beginner i had lots of questions when i first started.

payout is on the 7th day.

Ok great. I can stop visiting the wallet page again and again in anticipation of rewards. lol

Haha just chat me up on steemit.chat if you have any questions.

https://steemit.com/steemit/@blog-beginner/understanding-steemit-rewards-and-payouts
Please check my post. I have a lot of questions. Would love to have those answered.

Chat is currently down. Unable to open it.

that seems to happen alot these days.