Credit Card bait and switch *RANT*

[Squisher]

First, it was the GM card changing their cash back on GM purchases from 5% to 2%(put $2800 in the Z28 with this one )

Then no BVG on AMEX blue

Then no online BVG on AMEX Gold

Now, I get a letter in the mail from AAA Visa saying they're changing their cash back on gas purchases from 5% to 2%.

I seem to be accumulating a lot of Credit Cards as jump from one good deal that fizzles to another.

 

[CRXican]

and hurting your credit at the same time. stick with one card there buddy.

 

[jyates]

It's a full time job trying to track who has a good deal.
I decided a few years ago to just stick with one main card
and not accumulate the hordes of cards that people have
wanted to send me.

 

[mugs]

Do you really expect them to keep losing money on cards like that?

 

[Ionizer86]

Wow, I'm glad we just signed up for a Citibank MC the other day. We wanted to "consolidate" cards since we were using our Chase MC for 1% back on stuff and the AAA visa for 5% on gas. Now we have it all and more in one card

 

[coalrabbit]

What's BVG?

 

[mugs]

Best Value Guarantee. a.k.a. pricematch.

I can understand why they'd cancel it when people were using it to pricematch to sites that they wouldn't even trust to buy from.

 

[CRXican]

Originally posted by: coalrabbit
What's BVG?

Burly Venetian Gangsters

 

[Ionizer86]

BVG = Best Value Guaranteed. It's a way of price matching stuff through your credit card company.

BTW, is it just me or does the AAA Platinum still offer a 5% reward on gas?

 

[Squisher]

Originally posted by: CRXican
and hurting your credit at the same time. stick with one card there buddy.

I have 4 credit cards that I use regularly, but I must have another 15 sitting in a safe without even being activated.

My credit score was 785 the last time I looked.

 

[Squisher]

Originally posted by: Ionizer86
BVG = Best Value Guaranteed. It's a way of price matching stuff through your credit card company.

BTW, is it just me or does the AAA Platinum still offer a 5% reward on gas?

You'll be getting a letter soon if you have one.


:|:|:|:|

 

[gotsmack]

thet also took away my %5 cash back at amazon.com for the E.Card benefits.

now I have to use the Chase Perfect card for everything except amazon.com purchases where I use my Amazon.com card.

 

[RossMAN]

That sucks. In hind sight I guess I'm glad AAA declined me for their cc.

Have you considered the CitiBank Dividend Platinum Select which offers up to 5% cash back, 0% APR on balance transfers for 9 months and one time use cc's?

 

[Squisher]

Originally posted by: RossMAN
That sucks. In hind sight I guess I'm glad AAA declined me for their cc.

Have you considered the CitiBank Dividend Platinum Select which offers up to 5% cash back, 0% APR on balance transfers for 9 months and one time use cc's?

Damn you RossMAN, just applied. Now here is another another hunk of plastic that I'll have to tie to all my bill payments.

 

[Jzero]

Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

 

[mugs]

Originally posted by: Jzero
Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

Oh they will. Once it stops bringing in enough new customers, they'll drop it down to 1 or 2%.

 

[Jzero]

Originally posted by: mugs

Originally posted by: Jzero
Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

Oh they will. Once it stops bringing in enough new customers, they'll drop it down to 1 or 2%.

Here's hoping being a cardholder since 1998 will somehow score me a special deal.
Yeah right! hahahahhah!

 

[RossMAN]

Originally posted by: Jzero

Originally posted by: mugs

Originally posted by: Jzero
Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

Oh they will. Once it stops bringing in enough new customers, they'll drop it down to 1 or 2%.

Here's hoping being a cardholder since 1998 will somehow score me a special deal.
Yeah right! hahahahhah!

If they do, Chase Perfect Card will be the last "card worth having".

 

[Squisher]

Originally posted by: RossMAN

Originally posted by: Jzero

Originally posted by: mugs

Originally posted by: Jzero
Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

Oh they will. Once it stops bringing in enough new customers, they'll drop it down to 1 or 2%.

Here's hoping being a cardholder since 1998 will somehow score me a special deal.
Yeah right! hahahahhah!

If they do, Chase Perfect Card will be the last "card worth having".

I've got that now, but I get a little better cash back on the AMEX green cashback.

My yearly charges are up in the $40-60K range. $800 cashback last year.

 

[Jzero]

Originally posted by: RossMAN

Originally posted by: Jzero

Originally posted by: mugs

Originally posted by: Jzero
Here's hoping Citibank doesn't reneg on the Dividend Platinum Select. :beer:

Oh they will. Once it stops bringing in enough new customers, they'll drop it down to 1 or 2%.

Here's hoping being a cardholder since 1998 will somehow score me a special deal.
Yeah right! hahahahhah!

If they do, Chase Perfect Card will be the last "card worth having".

I'm too lazy to keep switching and re-applying and all that tomfoolery. The only reason I started using the Dividend Platinum Select was because when my old card expired in May, they sent me one as the replacement.

If they kill the deal, I'll just go back to using the MBNA card that donates one gazillionth of one percent of all my purchases to my school. Maybe by the time I'm 100 they'll put my name on a toilet seat in the freshman dorm.

 

[Squisher]

Hey RossMAN, has anybody ever figured out if it is better to get frequent fly-er miles/hotel points/mutual fund cash/etc. than straight cashback?

I mean is the value you receive better on the rewards or straight cashback?

 

[RossMAN]

The only two thiings I like about my Chase card better than CitiBank are:

1) Chase credits the rebate to you on every statement. So you don't have to charge up $10,000 to get $100 back (assuming 1% tier).
2) Chase granted me $2500 at first with $5000 balance transfer limit. 2 months later they generously increased my limit to $5000 on purchases.

Otherwise CitiBank OWNS Chase.

 

[Banana]

I don't know about Citi, but I hate the solicitations that Chase includes with its bills. Mainly because those solicitations are from Trilegiant, a shady company in my opinion. :|

Should I cancel Chase then apply for Citi, or keep Chase while applying for Citi?

 

[WannaFly]

AMEX Blue pwns you

 

[RossMAN]

Squisher,

I think the CitiBank Dividend Platinum Select is the best rewards credit card because:

1) $0 annual fee (99.99% of airline cc's have an annual fee)
2) Up to 5% rebate, 1% on all purchases
3) One time use cc's
4) Excellent fraud protection, nice online banking and friendly CSR's