http://www.maximizingmoney.com/credit-cards-offer-deals/shopping-for-credit-cards-and-loans-no-room-for-error/ Stretching Your Money to its Maximum Potential Sat, 11 Feb 2012 12:43:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.maximizingmoney.com/credit-cards-offer-deals/shopping-for-credit-cards-and-loans-no-room-for-error/comment-page-1/#comment-75884 Store loyalty cards vs rewards credit cards – which one is better? | Financial Facts Thu, 29 Apr 2010 21:15:22 +0000 http://www.maximizingmoney.com/?p=5610#comment-75884 [...] It pays to shop around when it comes to credit card offers, as well as a supermarket loyalty card. A loyalty or rewards card is used just like a credit card, but along with spending money you can also collect points or discounts. The problem with supermarket loyalty cards is that they are tools for the supermarket to track customers, which might lead to an increase in the very sought after products. An increase in sought after products’ prices might sound reasonable, but since loyalty cards reward the frequent shopper that spends big, the prices that get their prices raised are usually luxury items. Also people that are still loyal shoppers that buy less can’t use that card, and it has been shown that supermarkets without the loyalty cards program are cheaper overall, which might draw people away. [...] [...] It pays to shop around when it comes to credit card offers, as well as a supermarket loyalty card. A loyalty or rewards card is used just like a credit card, but along with spending money you can also collect points or discounts. The problem with supermarket loyalty cards is that they are tools for the supermarket to track customers, which might lead to an increase in the very sought after products. An increase in sought after products’ prices might sound reasonable, but since loyalty cards reward the frequent shopper that spends big, the prices that get their prices raised are usually luxury items. Also people that are still loyal shoppers that buy less can’t use that card, and it has been shown that supermarkets without the loyalty cards program are cheaper overall, which might draw people away. [...]

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