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December 01, 2005
Credit protector silliness
I've been getting a few offers from Discover Card to sign up for their Account Guard service - you know, another version of the crappy credit card insurance so that if you lose your job the credit card company will make your minimum payments for you. They charge an outrageous amount - something like $0.89 per $100 of your balance - to provide you with a insurance that will pay, what, $30 or $50 or $100 a month until you get back on your feet? No thanks.
Anyway, I actually did take Discover Card up on their offer because I don't use my two Discover Cards any more (my woman and I just use hers instead). That means if I have a $0 balance I won't get charged anything in case I forget to cancel within the free 30-day trial. One of the offers promised a $15 gas card and the other promised a $25 U.S. Savings Bond for signing up.
Well, I mailed in the offer for one card on Nov 10 and haven't got the gas card and I mailed in the offer for the other card on Oct 30 and haven't got the Savings Bond, but I'll keep you updated.
When Chase sends out offers to sign up for their version, it usually comes with a check for $15. That actually works. We've taken advantage of that offer twice so far.
And no, the forum is not fixed yet. Sorry ...
Posted by brian at December 1, 2005 08:34 PM