Inflation Hits Credit Card Rewards Programs

It seems that even your credit card’s rewards points are not safe from the terror of inflation. This is a real credit card offer I got the other day (click for larger image):

The Latest Credit Card Offer from Wachovia

Are we supposed to be fooled by this? I’ll let things sink in a bit before I do any speculating as to why this might be a good deal (for us or the bank).

Friday, Sep. 22, 2006 by Jason

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5 Comments Add your ownSubscribe

  • 1. Vince  |  September 22nd, 2006 at 12:33 pm

    LOL…. very good catch, and good observation skills! I’d like a card that gives me 10 points per $1 but requries 250,000 points for a ticket.

    Almost as bad as Google Finance giving me bad quotes. The eyes can be easily fooled!

  • 2. David  |  September 22nd, 2006 at 7:48 pm

    Clearly……a card for those who like to collect points!

  • 3. 7thseer  |  September 23rd, 2006 at 9:32 am

    more points, more power, right? err.. :)

  • 4. JFT  |  September 23rd, 2006 at 3:41 pm

    Yep, good observation skills, it must be from being an engineer.
    Wachovia is taking us for idiots.

  • 5. plan set swing wood&hellip  |  April 28th, 2007 at 1:53 pm

    plan set swing wood…

    Very actual information about plan set swing wood….

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