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Inflation Hits Credit Card Rewards Programs

22 September 2006 1,149 views 5 Comments

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).

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5 Comments »

  • Vince said:

    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!

    # 22 September 2006 at 12:33 pm
  • David said:

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

    # 22 September 2006 at 7:48 pm
  • 7thseer said:

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

    # 23 September 2006 at 9:32 am
  • JFT said:

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

    # 23 September 2006 at 3:41 pm
  • plan set swing wood said:

    plan set swing wood…

    Very actual information about plan set swing wood….

    # 28 April 2007 at 1:53 pm