topic Re: Airo Card? in Credit Cards

Airo Card?

pinkandgrey — Tue, 11 Jun 2019 00:12:47 GMT

Has anyone else seen the advertisements for this new “Airo” Card? I saw an ad for in on instagram just now. (I know what you’re thinking—No, the account isn’t for me and a thousand selfies lol. It’s an account for my dog.)

Anyway, the information is extremely limited, and all it says is “personalized rewards up to 3%” or something along those lines. It gives the option to get on a “waiting list.” To me, it sounds like it’s attempting to compete with the imminent Apple Card.

The card itself—judging by the picture in the ad—is pretty attractive being completely black (another thing that makes me think it’s trying to set up as a contrast to Apple).

https://airocard.com

Mods, if you think this fits better in “Credit in the News”, feel free to move!

Re: Airo Card?

Andypanda — Tue, 11 Jun 2019 01:59:17 GMT

Added my e-mail to the waitlist just out of curiosity. Hopefully I don’t get bombarded with spam.

Re: Airo Card?

Anonymous — Tue, 11 Jun 2019 03:33:25 GMT

@Andypanda wrote:
Added my e-mail to the waitlist just out of curiosity. Hopefully I don’t get bombarded with spam.

Dear AndyPanda, i am writing on behalf of my client, His Highness Prince JohnLand of Xabica. You have been identified as a trustworthy person who can help him out of his current predicament and be rewarded for your efforts. Prince JohnLand has 45,000,004 (forty-five million and four) credit cards and .......

Re: Airo Card?

hawkins — Tue, 11 Jun 2019 06:15:31 GMT

Seems interesting for sure but very lacking in information. I am going to watch this startup to see where it goes. Maybe its something, and then again maybe its not. Time will tell.

Re: Airo Card?

odd_dog — Tue, 11 Jun 2019 11:44:25 GMT

I sure hope not but, Blispay comes to mind........YIKES!

Re: Airo Card?

imaximous — Wed, 12 Jun 2019 18:33:39 GMT

I was reading about it a couple of weeks ago when the site had much more information. While I don't remember the exact details, it's a referral based program. Basically, they start you at a low 1% or 1.5% cash back (percentage may be off) and as you refer more people to get the card (and they get approved also), you can get up to 3% on everything. I can't quite remember the number of referrals needed within a time frame to get to the highest rewards tier. I think it was a yearly number of referrals. That's essentially the gist of it.
~~I became disinterested once I realized that you have to refer other people to get the highest percentage, which is only 3% anyway. It almost sounded like a pyramid scheme.~~

ETA: I mixed up this card with another one (zero card). Sorry for the confusion.

Re: Airo Card?

Remedios — Tue, 11 Jun 2019 12:05:36 GMT

It is a pyramid scheme geared towards millennials. They could pay from their Finn checking...

oh wait...they cant

Re: Airo Card?

CreditCuriosity — Tue, 11 Jun 2019 12:31:30 GMT

Yes believe this is the pyrmaid CC company or the likes. So much lack is informatin is in itself is scary as like they are trying to hide something

Re: Airo Card?

Blackswizz750 — Tue, 11 Jun 2019 12:43:27 GMT

They lost me at waiting list for a card and find people to apply for up to 3% cash back.

Re: Airo Card?

Remedios — Tue, 11 Jun 2019 12:47:48 GMT

They lost me at Instagram

Re: Airo Card?

Anonymous — Tue, 11 Jun 2019 13:27:41 GMT

@pinkandgrey wrote:
Has anyone else seen the advertisements for this new “Airo” Card? I saw an ad for in on instagram just now. (I know what you’re thinking—No, the account isn’t for me and a thousand selfies lol. It’s an account for my dog.)

LOL! (Love the disclaimer)

Re: Airo Card?

pinkandgrey — Tue, 11 Jun 2019 15:22:42 GMT

Yeah, I was thinking the same things as you all were lol. Another “pyramid scheme” card that is most likely doomed to same fate as Blispay. Crazy how all these cards are coming out of the woodwork with the main intention of appealing to people who maybe shouldn’t have credit cards....

Re: Airo Card?

Anonymous — Wed, 12 Jun 2019 12:31:55 GMT

I searched and searched and could not find the bank that’s backing this card. But they told me over and over that it’s a card “for millennials by millennials”.

Kara Thrace...this has all happened before....it will all happen again.

Re: Airo Card?

odd_dog — Wed, 12 Jun 2019 12:52:25 GMT

@Anonymous wrote:
I searched and searched and could not find the bank that’s backing this card. But they told me over and over that it’s a card “for millennials by millennials”.

Kara Thrace...this has all happened before....it will all happen again.

....and blispay was the harbinger of death.........

Re: Airo Card?

SouthJamaica — Wed, 12 Jun 2019 17:39:40 GMT

@imaximous wrote:
I was reading about it a couple of weeks ago when the site had much more information. While I don't remember the exact details, it's a referral based program. Basically, they start you at a low 1% or 1.5% cash back (percentage may be off) and as you refer more people to get the card (and they get approved also), you can get up to 3% on everything. I can't quite remember the number of referrals needed within a time frame to get to the highest rewards tier. I think it was a yearly number of referrals. That's essentially the gist of it.
I became disinterested once I realized that you have to refer other people to get the highest percentage, which is only 3% anyway. It almost sounded like a pyramid scheme.

Don't tell me they're already changing their business model, even before they've hired anyone

And yes that does sound like a pyramid scheme; I would never presume to refer someone to a credit card.

Re: Airo Card?

imaximous — Wed, 12 Jun 2019 18:29:17 GMT

@SouthJamaica wrote:
@imaximous wrote:
I was reading about it a couple of weeks ago when the site had much more information. While I don't remember the exact details, it's a referral based program. Basically, they start you at a low 1% or 1.5% cash back (percentage may be off) and as you refer more people to get the card (and they get approved also), you can get up to 3% on everything. I can't quite remember the number of referrals needed within a time frame to get to the highest rewards tier. I think it was a yearly number of referrals. That's essentially the gist of it.
I became disinterested once I realized that you have to refer other people to get the highest percentage, which is only 3% anyway. It almost sounded like a pyramid scheme.
Don't tell me they're already changing their business model, even before they've hired anyone

And yes that does sound like a pyramid scheme; I would never presume to refer someone to a credit card.

Well, I actually f...ed up. I confused Airo with Zero and posted misinformation. My apologies for that, folks.

The card I'd read about is actually at this site zero.app

That's the one that requires referrals to earn a higher cashback %.

ETA: Link doesn't work. But if curious, go to zero dot app or search for zero card.

Re: Airo Card?

Anonymous — Wed, 12 Jun 2019 19:37:05 GMT

@imaximous wrote:
@SouthJamaica wrote:
@imaximous wrote:
I was reading about it a couple of weeks ago when the site had much more information. While I don't remember the exact details, it's a referral based program. Basically, they start you at a low 1% or 1.5% cash back (percentage may be off) and as you refer more people to get the card (and they get approved also), you can get up to 3% on everything. I can't quite remember the number of referrals needed within a time frame to get to the highest rewards tier. I think it was a yearly number of referrals. That's essentially the gist of it.
I became disinterested once I realized that you have to refer other people to get the highest percentage, which is only 3% anyway. It almost sounded like a pyramid scheme.
Don't tell me they're already changing their business model, even before they've hired anyone

And yes that does sound like a pyramid scheme; I would never presume to refer someone to a credit card.
Well, I actually f...ed up. I confused Airo with Zero and posted misinformation. My apologies for that, folks.

The card I'd read about is actually at this site zero.app
That's the one that requires referrals to earn a higher cashback %.

ETA: Link doesn't work. But if curious, go to zero dot app or search for zero card.

Zero card: "In order to level up through referrals, your friend must apply and get approved for a Zerocard, make 2 qualifying purchases and receive 2 qualifying direct deposits, no less than 30 days apart, to their Zero Checking account."

So it's not enough to get a friend to apply and get approved (and maybe make a purchase) they also need to use the account to receive direct deposits. Becomes quite a threshold!