@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! 
@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.........
@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.
@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.
@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!