rewards

Insider's tip: how rewards credit cards end up costing you more

Posted 1 year ago by Will Chen

$credit card warning saying \$

Steve from Brooklyn used to work for a credit card issuer and he sent Wise Bread a great tip about the hidden dangers of reward cards:

I used to work for a large credit card issuer. One thing we found is that when our users upgraded from a standard bank-issued card (e.g. no rewards or points) to a rewards card (e.g. miles, hotel points, etc.), these same users also started charging a lot more to "non-essential" items e.g. Starbuck's, bookstore, dining out, entertainment, etc.

Continue reading "Insider's tip: how rewards credit cards end up costing you more"

Permalink | 10 comments

Telemarketers Prank Call Me - 800-266-9420

Posted 1 year ago by Andrea Dickson

Filed Under: Consumer Affairs

Almost immediately after receiving my new VISA card in the mail, I began receiving calls from a number that showed up on my caller ID as 800-266-9420. The first few times, when I answered the calls, there was that weird mechanical pause, the one that tells you that the computer is alerting the telemarketing rep that they've got a live one. I waited patiently, and asked the telemarketer on the other end to tell me how they got my number.

Continue reading "Telemarketers Prank Call Me - 800-266-9420"

Permalink | 5 comments

Have more to say? Join the discussions at Wise Bread's Finance and Frugality Forums.