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July 18, 2005
Thanks for the free $20, Chase
Last month, I wrote that I had signed up for the Amazon.com credit card to get $30 and almost immediately closed the account. I kicked myself because my girlfriend also got the same credit card but didn't close the account and about a month later got $20 more from Chase for trying out their "Payment Protector". So guess what two things came in the mail today?
First, Chase sent my girlfriend the Terms and Conditions of the Payment Protector Plan and asked her to sign something and send it back saying she understands and agrees to the Ts and Cs. At least they could've supplied a postage-paid envelope. That won't be getting mailed back. Second, they sent me a check for $20 to try out their Payment Protector plan. I wonder what would happen if I crossed out the part above the signature that says:
I understand that cashing or depositing this check automatically enrolls me in the optional Payment Protector Plan at a cost of 79c per $100 of my average daily balance ... blah blah blah
So I guess I didn't miss out on the $20 at all. It's hard to see how they're going to make any money from me since my account is still closed, but maybe they're not thinking that far ahead. Thanks, Chase!
Posted by brian at July 18, 2005 08:30 PM