topic worst rewards program? in Credit Cards

worst rewards program?

juggalo9er — Wed, 26 Feb 2014 00:35:41 GMT

albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card

Re: worst rewards program?

Leadberry — Wed, 26 Feb 2014 00:43:53 GMT

@juggalo9er wrote:
albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card

USAA. Where you get to work your way up to 1% cash back after $10k spend (or something along those lines).

Re: worst rewards program?

juggalo9er — Wed, 26 Feb 2014 00:47:34 GMT

@Leadberry wrote:
@juggalo9er wrote:
albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card
USAA. Where you get to work your way up to 1% cash back after $10k spend (or something along those lines).

wow.....just wow

Re: worst rewards program?

corymcd88 — Wed, 26 Feb 2014 00:49:51 GMT

@Leadberry wrote:
@juggalo9er wrote:
albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card
USAA. Where you get to work your way up to 1% cash back after $10k spend (or something along those lines).

It remines me of my Walmart Discover.

Re: worst rewards program?

Anonymous — Wed, 26 Feb 2014 01:08:02 GMT

@juggalo9er wrote:
albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card

No fees for BTs, cash advances, over the limit. No penalty rate. 1% FETF. Generous CL.

This type of CC can be extremely valuable.

Re: worst rewards program?

juggalo9er — Wed, 26 Feb 2014 01:13:18 GMT

@Anonymous wrote:
@juggalo9er wrote:
albeit i love the 9.9 fixed interest in my imcu cc the rewards are well kinda depressing. i get 1 point for every dollar, they can not be redeemed for statement credit only merchandise. some examples of the deals i found...13,400 points for a bluetooth headset, 3800 points for a 25$ itunes gift card. going by the gift card i believe they value points around .006...still love the card
No fees for BTs, cash advances, over the limit. No penalty rate. 1% FETF. Generous CL.

This type of CC can be extremely valuable.

thats why i was so shocked to get it lol ty though they let you pull money off it for free at the branch

Re: worst rewards program?

grinlikechelsea — Wed, 26 Feb 2014 01:16:55 GMT

I heard Citi's TY points are pretty weak, but I can't confirm that since I don't have a Citi card.

Re: worst rewards program?

CreditScholar — Wed, 26 Feb 2014 01:48:08 GMT

@grinlikechelsea wrote:
I heard Citi's TY points are pretty weak, but I can't confirm that since I don't have a Citi card.

Of the "Big 4", Citi's TY program is clearly in last place when compared to Chase's UR, and Amex's MR & SPG. It has its uses, but unless you're one of those niche customers that can fully benefit from the prestige, you'll probably find better value elsewhere.