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re: Credit Card Rewards and Points Discussion
Posted on 8/2/17 at 9:17 am to Teddy Ruxpin
Posted on 8/2/17 at 9:17 am to Teddy Ruxpin
quote:
Hell, even 2% cash back should technically be a money loser for the CC company
USAA offers the 2.5% but requires a direct deposit be made. Seems more like a marketing ploy to encourage people to look into USAA for more than just insurance + provide capital for their lending operations
I use USAA as my primary bank already so it was awesome for me.
This post was edited on 8/2/17 at 9:19 am
1
Posted on 8/2/17 at 9:19 am to GenesChin
quote:
USAA offers the 2.5% but requires a direct deposit be made. Seems more like a marketing ploy to encourage people to look into USAA for more than just insurance + provide capital for their lending operations
Oh, I know what they're doing but it is certainly a money loser on its own. 2% was a reach already, 2.5% is crazy. A company would have to be crazy/desperate or both to go to 3%. The losses would be pretty bad.
This post was edited on 8/2/17 at 9:20 am
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