Rockler's new Visa card gives a $20 certificate for every $2000 charged. Since
I pay my kids tuition bills by credit card and the way SWMBO spends money, I
could get some nice (free) tools at Rockler. Is there a catch I have missed?
Do the certificates expire at midnight or something?
You may want to look at MasterCards rewards, Thank you card. I get 5% back
on Groceries stores, Gas stations, and Pharmacies. Every thing else gets
1%. Typically I get about $35 to $40 for about $1500 of spending. The
Rockler card basically only gives 1% period.
and it would appear the Rockler card only gives a certificate good at
Rockler. There are better unrestricted deals as you pointed out. I get
cash back from Discover every year. I think its about the same order of
magnitude you mention on the mastercard.
|and it would appear the Rockler card only gives a certificate good at
Kinda like the rebate coupon I got from Jet. The ads said it was good
for any qualifying product. Once you received it, the fine print said
that you had to use it for a purchase at the same vendor where you
bought the original item.
I bought a dust collector from Tool Crib and later decided to use the
coupon to buy a bandsaw at Woodcraft during a sale. No go. No sale.
I have and amazon card that does just that. but gives 3% on amazon
purchases. For me, amazon $ aqre as good as cash as my wife is both a
student and a book hound.
It may not be hard for you to "find" things to buy at Rockler, but for me,
Amazon certificates are about the same as a cash rebate. (That is, unlike
other rewards programs with wich I have meen a member, I don't have to
"figure out how to spend those points")
It's just like the Canadian Tire master card here in Canada. 1% on all
purchase no matter where made and it's either 2 or 3% if the purchase is at
Canadian Tire. The catch is the interest rate usually well over 20% the
first time you don't pay the whole balance at the end of the month they got
ya with usually double in interest compared to what you get in Canadian tire
As long as you pay it off every month it's not a bad deal I use mine for
all my gas which I have to buy anyway and put our trip to Hawaii on it last
year. So far I've got a free Dewalt biscuit cutter, free chain saw,
numerous clamps and a bunch of other stuff with my Canadian tire points.
Somewhere in the $700 - $800 range total and not a cent of interest paid.
If you can't or don't pay it off every month forget it and go for one of the
lower interest bank cards.
Not necessarily. The card issuer is banking that at some point or another,
you will rack up some interest charges, at which point they can get their
money back. But it's within your power to keep that from happening. So, if
you're smart, lunch isn't free...someone else just picks up the tab.
On 08 Sep 2004 22:02:49 GMT, email@example.com (SteveC1280)
|Rockler's new Visa card gives a $20 certificate for every $2000 charged. Since
|I pay my kids tuition bills by credit card and the way SWMBO spends money, I
|could get some nice (free) tools at Rockler. Is there a catch I have missed?
|Do the certificates expire at midnight or something?
First, I question why you're shopping at Rockler. On my last two web
orders with them when I got the goods, my cc had been charged more
than the web order form indicated the charges would be. On the first
one it was only a buck and I called them and was told that there had
been a price increase on that item. I said I didn't give a rat's ass
about their after-the-fact price increase, I wanted the price the web
said it would be and they promised a refund to my credit card. Never
happened. After it happened the second time, they lost my business.
Second, after you get the card, they can always change the rules. I
have a GM card. It used to pay a 5% rebate good for GM car purchases.
You could accrue $500/year up to 7 years. They changed it to 1% and
won't allow me as a GM retiree to use it at all for employee
purchases. Consequently, I don't use the card and I don't buy GM cars
(although the new Corvette might change my mind)
I had a First USA card that paid in frequent flyer miles. Their scam
was to not credit your payments when received, and charge $35 late
fees. This was well documented on a web site, firstusascams.com. (I
think they were forced off the air.) There was a class action suit
and settlement over this one. They pulled it on me a couple of times
and when I called and challenged it they would reverse the charge.
They were depending on the fools that carry a balance and don't
reconcile their statements, thus never knowing they're being had.
The one we use now is Capital One. They pay in frequent flyer miles,
but they also changed the rules, effectively cutting the rebate from
2% to 1%.
I looked at Costco's AMex card. The big print says 5% rebates. The
little print says something different.
The fine print *always* has a catch.
Got the Costco AMEX card because we had to in order to continue using
Costco and because it is the closest low-cost gas station to us. They only
get the gas business charges and will never get a penny more. First year
of having the card, they attempted to ding me for a "late" charge. I
called and disputed, pointing out that I had mailed the payment in plenty
of time. They did reverse the charge, stating that the snowstorm in the
midwest had slowed down mail deliveries, but cautioned me to allow plenty
of time for the mail to deliver my payment. While this was irritating, what
really got me was the fact that unlike the other credit cards I have, AMEX
requires payment on the 25'th of the month, but only bills about 10 to 12
days before the due date. Thus, unlike other credit cards where I have a
couple of weekends before I have to pay bills to get them out on time, AMEX
requires immediate attention.
Just to cement my resolve, when I had to call and activate my new card
this year, I got a delightful east-Indian accented activation desk person
who would not let me off the phone until I signed up for their airline
ticket protection plan. Doesn't cost anything unless I buy tickets using
the AMEX card (be a cold day in Arizona before I do that), but the
pushiness on the other end of the line was really aggravating.
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