@Open123 wrote:
@Anonymous wrote:
At the end of the day we all have to live with our own decisions. The important thing is to take responsbility for them.
+1
Morality, ethics and integrity are better left for other topics much more meaningful. In the end, it's never made any sense to apply "morality" or "ethics" to nameless financial institutions tasked to maximize profits a the expense of "we" the consumers.
They do what they do, and we do what we do. No quarter asked, and none given.
I agree with this point.
And let me try to clarify something. For some reason someone, or some people, think I am trying to apply a sense of morality or ethics to whatever I type. Maybe it is because I recommended someone not to commit fraud on a credit card app by lying about his income on a thread that was deleted a few weeks ago, while the other there's another side of the argument brought forth by someone else that it is fine since credit card companies rarely ever do check. If that is the impression I've been giving to people, I'm sorry and that wasn't intended.
Anyhow, with regards to this abuse or in fact any kind of abuse, I honestly do not think it is immoral. It might have been a stupid decision, and for a select few it may have been a wise choice, such as those people who made it out with 200-300k of free money afterall. However, making stupid decisions doesnt make someone less moral or ethical than others. People, myself included, have stupid ideas and make stupid decisions from time to time. Lets go back to the example of me that has been cited: I noticed I could use the send money feature up to $1000 a month, and that I can "abuse" it for cashback, and to show more activity on my Discover card to increase chances for a CLI. I wasn't entirely too sure if it was a great or stupid idea, and I asked for opinion (which is what this forums is for). The conclusion at the end of the day was that it was a stupid idea brought forth by me. And now that I think of it, it's indeed a stupid idea because it's really just $10 in cashback, even though it could be done effortlessly but it puts my account at risk at the same time. Even if I were to abuse it, does it make me immoral?
And there's really no need for any soap opera exaggeration either. No one is going to stone/discriminate someone for making any stupid decisions. The only thing I find amusing is that some people that got shut down for doing it are standing on high ground claiming how "righteous" they are and how wrong the banks are for shutting them down. Just look at that example of that kid from 1-2 weeks ago who had his 10 citi accounts shut down. He was claiming how those rewards are his "hard earned money" and how he's going to sue Citi for HIS money. LOL indeed. The way I look at it, there's no right or wrong, but I certainly do not think those rewards can even be considered "hard earned money". If I'm to have any issue with anything, it's certainly not with whether people abused or didn't abused perks. Instead, it's the reaction that certain people have after they got caught.
At the end of the day there are people who won playing this game and on the other spectrum some people lost. If you made it out like a bandit, good for you. If you lost, just stop crying and move on. What's done is done and there's really no use crying over spilt milk. The risk of getting shut down is associated with the "easy" rewards that come along with it. There's really no need to be all worked up like some crazy ex just because one played the game and lost. Just like how normal people don't go onto random internet forums, cry a river and blame everyone else but themselves when they make bad investment decisions.
If any of my posts earlier had somehow given the impression I was passing moral judgement, I am sorry. I'm not trying to pass myself as entirely innocent either, and I'll admit it. I'm probably guilty in several ways too.
IIRC, that poster's main concern was keeping the home and to what extent she could skip out on hospital bills related to the child's many health issues.