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@Anonymous wrote:
@pinkandgrey wrote:Interesting. A card that requires friends with good credit lol. It’s a neat idea with the checking account setup. It sounds like a charge card basically. It’s kind of funny—the “pyramid scheme card” lol. As Brian_Earl_Spilner said, it will be interesting to see how it plays out.
Lol that’s word for word what went through my head — the pyramid scheme card.
Thanks but no thanks. I don’t think my friends have good enough credit to do it anyway. 😅
And, neither I nor my friends have $100K, $50K or even a measly $25K for a monthly spend.
@Brian_Earl_Spilner wrote:
@CreditInspired wrote:
@Brian_Earl_Spilner wrote:I just looked into it more. 3% carbon requires 4 referrals or an annual spend of $100k, the 2% magnesium requires $50k annual spend. But you get metal cards, so there's that. 👍
And the 1.5% cashback is 1 friend or $25K annual spend. Plus, you have to have their Zero checking so payments can be deducted.
Now why cant I come up with these money-making schemes 😩
If you can secure $30MM in funding, you can start your own credit card.
True
@CreditInspired wrote:
@Anonymous wrote:
@pinkandgrey wrote:Interesting. A card that requires friends with good credit lol. It’s a neat idea with the checking account setup. It sounds like a charge card basically. It’s kind of funny—the “pyramid scheme card” lol. As Brian_Earl_Spilner said, it will be interesting to see how it plays out.
Lol that’s word for word what went through my head — the pyramid scheme card.
Thanks but no thanks. I don’t think my friends have good enough credit to do it anyway. 😅
And, neither I nor my friends have $100K, $50K or even a measly $25K for a monthly spend.
Well those are yearly spend requirements but yeah I couldn’t do any of those either 😂
@Anonymous wrote:
@CreditInspired wrote:
@Anonymous wrote:
@pinkandgrey wrote:Interesting. A card that requires friends with good credit lol. It’s a neat idea with the checking account setup. It sounds like a charge card basically. It’s kind of funny—the “pyramid scheme card” lol. As Brian_Earl_Spilner said, it will be interesting to see how it plays out.
Lol that’s word for word what went through my head — the pyramid scheme card.
Thanks but no thanks. I don’t think my friends have good enough credit to do it anyway. 😅
And, neither I nor my friends have $100K, $50K or even a measly $25K for a monthly spend.
Well those are yearly spend requirements but yeah I couldn’t do any of those either 😂
Oh this is a hoot. I can't believe I actually wrote MONTHLY! That's Bill Gates, Warren Buffet kind of spend.
In my mind I find it interesting the amount of money the CEO could raise with his outstanding background in finances and debit/credit card operations. Think I will contact him to learn secrets on playing "Words With Friends"! Oh, the point on a Pyramid Scheme is of note ... don't remember a good one of late?
@Brian_Earl_Spilner wrote:But you get metal cards, so there's that. 👍
Sweet, I'm in. Card material > rewards structure. I'll take a metal 1% CB on everything card over a crappy plastic 3% CB on everything card any day!
@Anonymous wrote:
@Brian_Earl_Spilner wrote:But you get metal cards, so there's that. 👍
Sweet, I'm in. Card material > rewards structure. I'll take a metal 1% CB on everything card over a crappy plastic 3% CB on everything card any day!
It's gonna be a hit here because of that.
Such a strange name.....
3.2.1.zero
rather than 3.2.1.liftoff
or even 3.2.1.contact
ohh and i think amway comes to mind of a successful "pyramid scheme", well at least for the ones on top, the owners ahhahahahaha