topic Re: Uber Card Ulterior Motives in Credit in the News

Uber Card Ulterior Motives

Anonymous — Thu, 07 Dec 2017 00:48:57 GMT

Unlike other travel companies, Uber’s immediate focus with this card isn’t locking you into its platform. Uber wants your restaurant spending data. They want to know which restaurants you visit, which cuisines and dishes you prefer, and how much you spend every time you visit.

https://blog.producthunt.com/ubers-credit-card-is-bankrupting-restaurants-and-it-s-all-your-fault-af76ea9ca46d

Interesting claims in here...

Re: Uber Card Ulterior Motives

Physh1 — Thu, 07 Dec 2017 16:31:38 GMT

All creditors use this data in some form or fasion. I don't think this should come as any surprise as data mining is a common practice.

Re: Uber Card Ulterior Motives

DaveInAZ — Thu, 07 Dec 2017 20:53:43 GMT

@Physh1 wrote:
All creditors use this data in some form or fasion. I don't think this should come as any surprise as data mining is a common practice.

Not only creditors - all those grocery club cards that save you money? They use them to data mine to know what you buy to temp you with coupons, etc. And the warehouse clubs, ditto.

Re: Uber Card Ulterior Motives

Anonymous — Mon, 11 Dec 2017 06:15:30 GMT

Just sounds like good bidness to me... playin' by the rules and nabbin' the fools (full disclosure: I applied - that 5% on restaurant purchases reeled me in ;-)

Re: Uber Card Ulterior Motives

Dalmus — Tue, 12 Dec 2017 16:18:17 GMT

@Anonymous wrote:
Just sounds like good bidness to me... playin' by the rules and nabbin' the fools (full disclosure: I applied - that 5% on restaurant purchases reeled me in ;-)

I'm tempted... but I'm just not sure about applying for Barclays when I have four new cards this year already! Although, it looks like its only 4% for restaurants...

I wish they hadn't gotten rid of the preapproval link!