@DI wrote:
I see a problem with this gimmick! This is just another way to get people deep into debt. Some cardmembers may probably end up spending more than their budget allow just to meet Discover's qualifying spending amounts for the credits. It's just not worth it to me.
No offense intended, but that is akin to saying a liquor store coupon is a “gimmick” to encourage alcoholism.
It’s about choice, and making the right decision for you.
This sort of offer is great if you choose to charge wisely – there are plenty of folks who can make the best of this offer simply by paying their regularly monthly bills and paying in full before the statement cuts (on all lines, of course – growing balances on other lines bearing interest will cut/eliminate any “savings” you get from this offer).
If folks choose to go “over budget” when they encounter offers of this kind, then the fault lies with them, not with the card issuer.
If some folks feel that this offer would tempt them into needless spending, then I agree that not accepting it is a wise choice – whatever works for you. But let’s be clear about who would really be the responsible party if this offer were misused.
