pre pay savings card??

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ragtopW
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pre pay savings card??

Post by ragtopW »

OK OK so I am out of the loop on a lot of stuff..
but the way I understand this.. you pre-load a card and
they add the savings to it??
IE I buy a card and load it with $200 the cards "real" value (what I can spend at selected places) is like $280 ?? is this new??


http://www.weeklycard.com/index.php?city=wwAYl3kC
phjrsaunt
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Re: pre pay savings card??

Post by phjrsaunt »

After reading that, I, too, am confused. :-?
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ragtopW
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Re: pre pay savings card??

Post by ragtopW »

phjrsaunt wrote:After reading that, I, too, am confused. :-?

there is a totaly PH friendly joint.. It serves Conch fritters..
but I hate to buy into that whole mess for one place..
phjrsaunt
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Re: pre pay savings card??

Post by phjrsaunt »

If it sounds too good to be true, it probably is [smilie=cheeky-grin.gif]
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SharkOnLand
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Re: pre pay savings card??

Post by SharkOnLand »

Seems slightly sketchy to me, as the "terms and conditions" link at the bottom of the page is broken.

Basically, the merchants are agreeing to charge a lesser amount for goods and services in return for repeat business (the card can only be used at certain participating places). This lesser amount is what is showing up as the extra credit on your card (the extra $80).

It would actually save you money if you used it over time, theoretically.

However, there's usually a catch (monthly fees, credit expires after a certain amount of time, etc.) which is why that terms and conditions page is so important.
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rich_big
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Re: pre pay savings card??

Post by rich_big »

phjrsaunt wrote:If it sounds too good to be true, it probably is [smilie=cheeky-grin.gif]

I disagree, I read about it on the internet, so it must be true.
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Re: pre pay savings card??

Post by ph4ever »

If you hit the home link next to terms and conditions it's broken as well.

Among the numerous red flags that spring forth when reading that page I also wonder about this
For example, if you charge $36 to you credit card, $60 in value is added to your card to spend at any of the participating businesses.

How often would you eat at the participating 22 restaurants or purchase from the 7 businesses?
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Re: pre pay savings card??

Post by Skibo »

We have something similar in Philly, you buy gift cards at a discount for specific restaurants. I haven't tried it but it seems to be popular. There is a radio station that allows advertisers to pay for their advertising with gift cards. There is a lot of creative stuff going on right now to spur business. I wouldn't look at this as a too good to be true without researching. It probably is a nice discount thing if you use any of the participating vendors.
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ragtopW
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Re: pre pay savings card??

Post by ragtopW »

SharkOnLand wrote:Seems slightly sketchy to me, as the "terms and conditions" link at the bottom of the page is broken.

Basically, the merchants are agreeing to charge a lesser amount for goods and services in return for repeat business (the card can only be used at certain participating places). This lesser amount is what is showing up as the extra credit on your card (the extra $80).

It would actually save you money if you used it over time, theoretically.

However, there's usually a catch (monthly fees, credit expires after a certain amount of time, etc.) which is why that terms and conditions page is so important.

Well the way Restaurants come and go... With only one place on the
list I think I would go to I wasn't even thinking of joining.
I was just wondering if a new idea had surfaced.. :lol:

also yep a $25 sign up fee.. with a kickback of four movie tix to the local
art house as a sign up bonus..
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