@Kforce wrote:
@JamP wrote:I applied the first week it was out. March 18th I received the email that said the card will arrive in 7-10 days.
Sonofa..... @longtimelurker
You guys were right, another 2% card..... It was a good ride, this will be my third 2% card now lolThat "Notes of Interest" as the points are being reduced from 3 to 2, however points are worth twice for cashback.
I read that "Notes of Interest" as points from 3 to 2, however 2x points for cashback.
100 = 2 points, 2 points times 2 = 4c per dollar.
Not going to close it yet.
Not going to put anything where I can get more than 2c for Feb
AOD users will be switching if it ends up 4c
Still a wait and see.
Strange wording in those "Notes of Interest"
That seems very optimistic! "Cards will still earn 2x ... " means that bit hasn't changed, just the reduction from 3 to 2.
@longtimelurker wrote:
@Kforce wrote:
@JamP wrote:I applied the first week it was out. March 18th I received the email that said the card will arrive in 7-10 days.
Sonofa..... @longtimelurker
You guys were right, another 2% card..... It was a good ride, this will be my third 2% card now lolThat "Notes of Interest" as the points are being reduced from 3 to 2, however points are worth twice for cashback.
I read that "Notes of Interest" as points from 3 to 2, however 2x points for cashback.
100 = 2 points, 2 points times 2 = 4c per dollar.
Not going to close it yet.
Not going to put anything where I can get more than 2c for Feb
AOD users will be switching if it ends up 4c
Still a wait and see.
Strange wording in those "Notes of Interest"
That seems very optimistic! "Cards will still earn 2x ... " means that bit hasn't changed, just the reduction from 3 to 2.
Just pointing out the wording.
2x points kind of infers 2 times points it should just be 2 points like the sentence above it.
I am sure it is a nerf not an increase.
I haven't had that many glasses yet!
Anyone thinking of going for the AOD card now that this one has been changed to 2%?
This one didn't have a SUB and neither does the AOD. I am also concerned about how long that card will stay at 3%.
I don't think I am going to, but wondering if anyone else is?
Didn't USAlliance allude to their 3x rate being for a limited time? That would indicate a pre-determined schedule for the change versus a sustainability change. Very different from AOD, where there hasn't been a hint of any kind of change throughout the duration of the card's lifespan (at least for as long as we know it).
Also, there may be some sort of cash flow advantage for AOD doing automatic redemption as statement credit each month, so there's no points/rewards balance buildup. I would compare it to Abound's gas card with the same uncapped nature of their 5% rate that is also auto-redeemed each month, and also unchanged throughout Covid, etc.
You all stay away from my beloved AOD 
.. I expect a nerf although they have certainly tightened up their approval criteria. I wish they would just cap the 3% to a reasonable amount of say 1500-2k a month and would solve the possible abuse issue. They slightly tightened up UW considerably. I expect some of USAlliance/Flordia FCU trying to get into AOD some will be able to get in and some won't. Stinks only one 3% card now currently exists. Though in all honestly I would be ok if they did a nerf to 2% although wouldnt like it due to no FTF no min redemption and a great APR although never carry balances still nice to have..These CU's I think could make it work if they say they make you have say a 5k balance in savings or checking to be able to get 3% back get rid of some of unprofitable people and offset a loss leader type product.