Article View: alt.consumers
Article #157Re: Cash Back Credit Cards
From: tsi-yu
Date: Tue, 04 Sep 2007 03:31
Date: Tue, 04 Sep 2007 03:31
30 lines
2758 bytes
2758 bytes
Mister Superstar wrote: > Bill wrote... >> Art wrote: >> >>> I have a Chase Rewards Visa card which pays a 5% rebate on purchases >>> at food >>> markets, pharmacies and gasoline. >> >> >> I'm pretty sure that card is no longer being offered to new >> customers. I've read rumors they may change the terms for >> existing customers soon. > > I never understood why people think that getting 5% back on a cup of coffee > they pay 30% interest on is a good deal. The rumors are true, the bank > intends to increase the rebate and interest rates to 6% and 43% > respectively, > an even better deal to reward valuable customers like you. I don't use credit cards. Don't have to worry about their shenanigans. Don't have to worry about their loan sharking. Don't have to worry about 40% interests. Don't have to worry about them changing any of the terms of their one sided contracts. Got enough money don't need their 5%. Been there once. Got a pocket full of plastic to show from it. Have an enormous amount of credit available, on some, of the cards, that I need to get around to canceling. It's been 3 years or better since I used one but I understand they keep the accounts open almost forever unless you close them.
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X-Google-Thread: 10f73f,6adcf61c6d57c8cd X-Google-Thread: 11474a,6adcf61c6d57c8cd X-Google-Thread: 106595,6adcf61c6d57c8cd X-Google-Thread: 107518,6adcf61c6d57c8cd X-Google-Attributes: gid10f73f,gid11474a,gid106595,gid107518,public,usenet X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news2.google.com!news2.google.com!border1.nntp.dca.giganews.com!nntp.giganews.com!nx01.iad01.newshosting.com!newshosting.com!69.28.186.77.MISMATCH!hwmnpeer03.lga!hwmnpeer01.lga!news.highwinds-media.com!hw-filter.lga!newsfe06.lga.POSTED!53ab2750!not-for-mail From: tsi-yu <@egh.gyMd> User-Agent: Thunderbird 1.5.0.13 (Windows/20070809) MIME-Version: 1.0 Newsgroups: alt.consumers,alt.consumers.experiences,ba.consumers,misc.consumers Subject: Re: Cash Back Credit Cards References: <N4xvi.229$Oo.181@newssvr17.news.prodigy.net> <srhi-12CCCA.01571612082007@newsgroups.comcast.net> <1186945148.237570.182800@22g2000hsm.googlegroups.com> <13c657gs312sfd2@corp.supernews.com> <46C5D363.61E57084@prodigy.net> <tk2Di.1371$ZA5.143@nlpi068.nbdc.sbc.com> In-Reply-To: <tk2Di.1371$ZA5.143@nlpi068.nbdc.sbc.com> Content-Type: text/plain; charset=ISO-8859-1; format=flowed Content-Transfer-Encoding: 7bit Lines: 30 Message-ID: <Ok4Di.206$co7.197@newsfe06.lga> X-Trace: lalincmlnekeejjfbaignffdjoaiejclmliialfmekbbejlnbdhooghlajhekplbpjbodlnicjjcjijepiggjdplhlpldmhcbhdmbebeimpemgfgjjiebjdcpckkajfcollnekbclkhfkbie NNTP-Posting-Date: Mon, 03 Sep 2007 20:31:58 MST Date: Mon, 03 Sep 2007 22:31:58 -0500