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Article #158

Re: Cash Back Credit Cards

#158
From: Rod Speed
Date: Tue, 04 Sep 2007 03:40
22 lines
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Mister Superstar <superstar@deadcelebrity.org> 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.

Most have enough of a clue to realise that they dont have
to pay a cent of interest and can just pocket the rebate.

And most have enough of a clue to use the card for their food purchases, not just their coffee too.

> 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.

It will reward those with enough of a clue to never pay a cent of interest.

Then there's fools like you that cant manage something as simple as that. 
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From: "Rod Speed" <rod.speed.aaa@gmail.com>
Newsgroups: alt.consumers,alt.consumers.experiences,ba.consumers,misc.consumers
Subject: Re: Cash Back Credit Cards
Date: Tue, 4 Sep 2007 13:40:10 +1000
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