New scam by credit card companies

[tobee43]

@tobee43, that makes sense - buying a gift card for food!! Can't go wrong on that since everyone has to eat!

that's what we figured platter...it worked well for us! i couldn't get them publix or winn dixie because most of our family live outside of florida, but i went on line and got them!! it was easy and all that rec'd them LOVED them!

gotta eat! LOL!!

[Fallonedward]

Tobee, my relatives live in California and they all got my gift cards to Kroger, it came from Fred Meyer, a Company under the Kroger umbrella. It was ever so needed

that's what we figured platter...it worked well for us! i couldn't get them publix or winn dixie because most of our family live outside of florida, but i went on line and got them!! it was easy and all that rec'd them LOVED them!

gotta eat! LOL!!

[tobee43]

fallon...to us there is no better gift that some food on the table!!!

also, we knew WHERE the little bit of money we had to spend on Christmas went...to feed a family!! worked for everyone..

[Fallonedward]

Truly FOOD is the best gift.

fallon...to us there is no better gift that some food on the table!!!

also, we knew WHERE the little bit of money we had to spend on Christmas went...to feed a family!! worked for everyone..

[sah2]

The purchase transaction fee is paid by the buyer of the card. A $25 Amex gift card with a $3.95 fee costs the buyer $28.95 but gives you $25 to spend. As long as you use it in a timely fashion, there is no problem. I have bought and received these cards and in many instances they are preferable to a store card. When I asked my husband what to get his brother for Christmas, he said cash. His brother is a recovering addict, so I felt an Amex gift card was a safer option because he has to use it in an actual store, but he is not limited to Target or whatever. I was willing to spend a few extra dollars for the convenience of the card. My boss gave me a $50 Chase Visa for Christmas and I thought it was a great gift. I used it to treat myself to a mani/pedi at a local salon of my choice! If he had given me cash, it would have just gone into my wallet and not have been spent on anything special, and if he had given me a store card, I would have been limited in what I could use it for.

[Flamingo]

Credit card companies are adding more and more fees onto anything and everything. Same with regular banks. Also, the age of free checking will shortly be over.

[tobee43]

Credit card companies are adding more and more fees onto anything and everything. Same with regular banks. Also, the age of free checking will shortly be over.

so what happened to all these new regulations with credit card companies????

just wondering who exactly they were designed to protect????

[Fallonedward]

The credit card companies of course...LOL

so what happened to all these new regulations with credit card companies????

just wondering who exactly they were designed to protect????

[tobee43]

LOL!! you got that right!! surprise!!!!!!!

ahhhh...it was rhetorical really...

[Fallonedward]

But you know what Tobee, the surprise is now on them. None of us on this forum will be using CC's and paying interest ever again. I really think this collapse in the economy, banks etc really awakened many people.

For us we did not declare BK7 because we were bad with our credit it was loss of income and medical bills that did us in.

LOL!! you got that right!! surprise!!!!!!!

ahhhh...it was rhetorical really...

[tobee43]

But you know what Tobee, the surprise is now on them. None of us on this forum will be using CC's and paying interest ever again. I really think this collapse in the economy, banks etc really awakened many people.

For us we did not declare BK7 because we were bad with our credit it was loss of income and medical bills that did us in.

exactly the same situation here....and the banks LOSS....i mean there are millions of us and now what...

i'll tell you what...LOL!!! now our tax dollar will somehow bale the banks out, but once again....if they need it.