Some require you to spend like $1000 in four months to qualify .....
I frequently sign up for credit cards for points/miles.
I never open them but, I do have a friend who was given a $3,000 limit on a credit recently.
He hasn’t worked but one job in the 25 years I’ve known him and I have no idea hose he qualified for a line of unsecured credit, much less for $3,000!
BUT, you have to be good with money or you will get in over your head (what they are hoping) and end up with credit card debt at 15%+ interest.
People like me that can afford to pay off my credit cards in full each month can make out like a bandit on these deals. But people with no financial discipline and the inability to pay off the debt the rack up before the higher interest kicks in are the very dupes these deals are created to con.
No. Coincidentally, I don’t owe money to anyone.
My grandmother, God rest her soul, was a NYC public school teacher for 50 years.
I remember the day when she read in the paper about the creation of VISA. She even cut the article out to show me how stupid people were.
Become an undocumenter creditee and sign up in someone elses name.
Recently, a Wegman's opened up nearby. It's a spectacular grocery store, even outclassing Whole Foods. Plus, it's the first grocery store (6%) around here to sell alcoholic beverages. Its prices are slightly lower than the package stores (1%) in the area.
So, guess where I'll be buying all my adult beverages (except Scotch — hard liquor is cheaper in New Hampshire because of taxes).
I signed up for an Amazon card to get the $30 they were offering off of my next order. It was Christmas so why not? Well, they never did get around to crediting that $30 so after a while had them cancel the card and told them why. Haven’t ordered anything from Amazon except free Kindle stuff since.
We get very few credit card offers anymore.
I think the companies got tired of me taping the included Business Reply envelopes to telephone books, prospectuses, or bundles of magazines...and mailing them the “package”.
As business reply mail, they are responsible for the postage (First Class postage by the ounce).
I’d mail them bricks if I had any.