topic Re: Date for SM nerfing? in Credit Cards

Date for SM nerfing?

xgac12x — Sat, 10 Oct 2015 03:50:38 GMT

I've been reading about the Sallie Mae M/C being nerfed soon..when do you think this will happen? And since the 5% gas/groceries will probably be gone, what would be a good replacement card? Basically for both categories.

Re: Date for SM nerfing?

-Cal- — Sat, 10 Oct 2015 04:10:04 GMT

That is pure rumor and speculation from all of the pessimists. If it ever happens it will happen when the issuer makes an announcement, no sooner, no later. Until then continue enjoying life and please ask a mod to lock your thread.

Re: Date for SM nerfing?

Anonymous — Sat, 10 Oct 2015 04:14:47 GMT

@xgac12x wrote:
I've been reading about the Sallie Mae M/C being nerfed soon..when do you think this will happen? And since the 5% gas/groceries will probably be gone, what would be a good replacement card? Basically for both categories.

I had heard (from my friend's wife's brother's neighbor, who used to live in Delaware where Barclays US is headquartered, that it will be nerfed Ocr 29, and become just 1%

And on the same day, Citi Double Cash will be nerfed in a nasty way. No rewards, and anything you charge gets doubled, so if you charge $10 you will be billed $20. Their lawyers say that this should be no surprise with the card name, and if consumers get confused, well, that's ok.

Re: Date for SM nerfing?

Imperfectfuture — Sat, 10 Oct 2015 04:17:35 GMT

@Anonymous wrote:
@xgac12x wrote:
I've been reading about the Sallie Mae M/C being nerfed soon..when do you think this will happen? And since the 5% gas/groceries will probably be gone, what would be a good replacement card? Basically for both categories.
I had heard (from my friend's wife's brother's neighbor, who used to live in Delaware where Barclays US is headquartered, that it will be nerfed Ocr 29, and become just 1%
And on the same day, Citi Double Cash will be nerfed in a nasty way. No rewards, and anything you charge gets doubled, so if you charge $10 you will be billed $20. Their lawyers say that this should be no surprise with the card name, and if consumers get confused, well, that's ok.

The moon has aligned with Jupiter.

Re: Date for SM nerfing?

xgac12x — Sat, 10 Oct 2015 04:27:17 GMT

Hahaha

Re: Date for SM nerfing?

weehoo — Sat, 10 Oct 2015 04:44:44 GMT

Sallie Mae is throwing in our direction!

Re: Date for SM nerfing?

bengalikejenga — Sat, 10 Oct 2015 04:45:50 GMT

@Anonymous wrote:
@xgac12x wrote:
I've been reading about the Sallie Mae M/C being nerfed soon..when do you think this will happen? And since the 5% gas/groceries will probably be gone, what would be a good replacement card? Basically for both categories.
I had heard (from my friend's wife's brother's neighbor, who used to live in Delaware where Barclays US is headquartered, that it will be nerfed Ocr 29, and become just 1%
And on the same day, Citi Double Cash will be nerfed in a nasty way. No rewards, and anything you charge gets doubled, so if you charge $10 you will be billed $20. Their lawyers say that this should be no surprise with the card name, and if consumers get confused, well, that's ok.

@LMAO well put @Anonymous.

Re: Date for SM nerfing?

weehoo — Sat, 10 Oct 2015 04:49:14 GMT

I just found out, Sallie Mae just changed their design only

AHHHH MAKE IT GO AWAY!

Re: Date for SM nerfing?

Anonymous — Sat, 10 Oct 2015 04:55:35 GMT

@Anonymous wrote:
@xgac12x wrote:
I've been reading about the Sallie Mae M/C being nerfed soon..when do you think this will happen? And since the 5% gas/groceries will probably be gone, what would be a good replacement card? Basically for both categories.
I had heard (from my friend's wife's brother's neighbor, who used to live in Delaware where Barclays US is headquartered, that it will be nerfed Ocr 29, and become just 1%
And on the same day, Citi Double Cash will be nerfed in a nasty way. No rewards, and anything you charge gets doubled, so if you charge $10 you will be billed $20. Their lawyers say that this should be no surprise with the card name, and if consumers get confused, well, that's ok.

Good one! Thanks for the chuckle!

Re: Date for SM nerfing?

gdale6 — Sat, 10 Oct 2015 14:48:26 GMT

There is no nerfing planned at this time, as there have already been 2 major threads on this and there is no new news concerning this card this thread is locked. I thank you for understanding on this.