OT: Avoid Capital One No Hassel miles Rewards cards

[GoUSC]

What credit card companies want is people who don’t pay their bill in full. The industry calls those of us that do pay our balance in full at the end of the month “Deadbeats”. CC companies, hitorically, want to collect as much interest & fees as possible because they know holders have very little switching costs between cards. Now the situation might be different as most people can’t even afford to make their interest payument.

[Coronita]

I believe it was Capital 1 that researched generic envelope designs for their bills so that customers would intentionally throw them out so they could late fees & finance charges.

I use to receive their CC application so much, that rather than just throwing them out, I'd send in the application with all the garbage that came in the original mail back to them in their postage paid envelope they included (minus the form with my name on it). Actually, it was credit card application merry-go-round. I would send Chase a Capital One application, Capital One a MBNA application, and MBNA a Capital One application.

That is, until they actually started printing a barcode on the return envelope to track people that did this.

 

I love my Costco Amex card BTW. In addition to stuffing my fat ass with food from Costco, I get 3% cash back on travel, 2% on dining out, and 1% cash back on all other purchases. It comes back to you in a costco check which you can cash in at costco without buying anything.

 

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I believe it was Capital 1 that researched generic envelope designs for their bills so that customers would intentionally throw them out so they could late fees & finance charges.

I use to receive their CC application so much, that rather than just throwing them out, I'd send in the application with all the garbage that came in the original mail back to them in their postage paid envelope they included (minus the form with my name on it). Actually, it was credit card application merry-go-round. I would send Chase a Capital One application, Capital One a MBNA application, and MBNA a Capital One application.

That is, until they actually started printing a barcode on the return envelope to track people that did this.

 

I love my Costco Amex card BTW. In addition to stuffing my fat ass with food from Costco, I get 3% cash back on travel, 2% on dining out, and 1% cash back on all other purchases. It comes back to you in a costco check which you can cash in at costco without buying anything.

 

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I believe it was Capital 1 that researched generic envelope designs for their bills so that customers would intentionally throw them out so they could late fees & finance charges.

I use to receive their CC application so much, that rather than just throwing them out, I'd send in the application with all the garbage that came in the original mail back to them in their postage paid envelope they included (minus the form with my name on it). Actually, it was credit card application merry-go-round. I would send Chase a Capital One application, Capital One a MBNA application, and MBNA a Capital One application.

That is, until they actually started printing a barcode on the return envelope to track people that did this.

 

I love my Costco Amex card BTW. In addition to stuffing my fat ass with food from Costco, I get 3% cash back on travel, 2% on dining out, and 1% cash back on all other purchases. It comes back to you in a costco check which you can cash in at costco without buying anything.

 

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I believe it was Capital 1 that researched generic envelope designs for their bills so that customers would intentionally throw them out so they could late fees & finance charges.

I use to receive their CC application so much, that rather than just throwing them out, I'd send in the application with all the garbage that came in the original mail back to them in their postage paid envelope they included (minus the form with my name on it). Actually, it was credit card application merry-go-round. I would send Chase a Capital One application, Capital One a MBNA application, and MBNA a Capital One application.

That is, until they actually started printing a barcode on the return envelope to track people that did this.

 

I love my Costco Amex card BTW. In addition to stuffing my fat ass with food from Costco, I get 3% cash back on travel, 2% on dining out, and 1% cash back on all other purchases. It comes back to you in a costco check which you can cash in at costco without buying anything.

 

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

I believe it was Capital 1 that researched generic envelope designs for their bills so that customers would intentionally throw them out so they could late fees & finance charges.

I use to receive their CC application so much, that rather than just throwing them out, I'd send in the application with all the garbage that came in the original mail back to them in their postage paid envelope they included (minus the form with my name on it). Actually, it was credit card application merry-go-round. I would send Chase a Capital One application, Capital One a MBNA application, and MBNA a Capital One application.

That is, until they actually started printing a barcode on the return envelope to track people that did this.

 

I love my Costco Amex card BTW. In addition to stuffing my fat ass with food from Costco, I get 3% cash back on travel, 2% on dining out, and 1% cash back on all other purchases. It comes back to you in a costco check which you can cash in at costco without buying anything.

 

 

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[nostradamus]

FLU why do you care if they’re tracking who sends their garbage back? I do it all the time with my address/name/barcode clearly visible. It has reduced my junk mail drastically. I just write “no thanks” in big letters on the form and send it back in their prepaid envelope.

[nostradamus]

FLU why do you care if they’re tracking who sends their garbage back? I do it all the time with my address/name/barcode clearly visible. It has reduced my junk mail drastically. I just write “no thanks” in big letters on the form and send it back in their prepaid envelope.

[nostradamus]

FLU why do you care if they’re tracking who sends their garbage back? I do it all the time with my address/name/barcode clearly visible. It has reduced my junk mail drastically. I just write “no thanks” in big letters on the form and send it back in their prepaid envelope.

[nostradamus]

FLU why do you care if they’re tracking who sends their garbage back? I do it all the time with my address/name/barcode clearly visible. It has reduced my junk mail drastically. I just write “no thanks” in big letters on the form and send it back in their prepaid envelope.

[nostradamus]

FLU why do you care if they’re tracking who sends their garbage back? I do it all the time with my address/name/barcode clearly visible. It has reduced my junk mail drastically. I just write “no thanks” in big letters on the form and send it back in their prepaid envelope.

[cr]

Nostra- I do the same thing. I did it with every offer I got for about a year and stopped getting them.

It’s incredible to think that outside the annual fee of maybe $150 on some cards, CC companies make all their money on charging people for spending money they haven’t even made yet.

[cr]

Nostra- I do the same thing. I did it with every offer I got for about a year and stopped getting them.

It’s incredible to think that outside the annual fee of maybe $150 on some cards, CC companies make all their money on charging people for spending money they haven’t even made yet.

[cr]

Nostra- I do the same thing. I did it with every offer I got for about a year and stopped getting them.

It’s incredible to think that outside the annual fee of maybe $150 on some cards, CC companies make all their money on charging people for spending money they haven’t even made yet.

[cr]

Nostra- I do the same thing. I did it with every offer I got for about a year and stopped getting them.

It’s incredible to think that outside the annual fee of maybe $150 on some cards, CC companies make all their money on charging people for spending money they haven’t even made yet.

[Author]

Posts