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They built an army of slaves, paying 18% interest plus various ridiculous surcharges and fees, on money that was really worth somewhere between 3-7%.
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As far as I can tell from reading the user agreements, there is no unusual downside to these cards – there is no annual fee and the cash back and benefits are competitive with older cards.
One friend of mine makes quite a game of this, keeping a boquet of 14 active cards in a special folder and cranking all sorts of “manufactured spending” through them.
This went smoothly, other than some brain-dead features in the online application page, like initially rejecting my business’s tax ID number because I included the hyphen that the government uses when issuing the number.
() The card came within a week, with an $8000 credit line.
Also, I’m a part-time financial writer and I specifically wanted to review this card for my readers”.
That last comment seemed to speed things up considerably, so she thanked me and let me off the hook with a new card pre-loaded with 40,000 bonus points – redeemable for 0 in cash at some unspecified time after your first purchase*.
Another mark on the “credit companies are evil and sneaky” scorecard.
I Checked the rewards balance – nothing there yet of course, since I have not even made my first purchase.
This wouldn’t work for everyone, but it works for us since we travel at least once or twice each year.Tags: Adult Dating, affair dating, sex dating