Quote:
Originally Posted by OriginalContentGuy
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Aggregating your purchase history to assemble a psychometric profile which is resold to marketers at profit all while you are paying them to loan you money as part of a never ending global cycle of debt and interest is a reward? Serious question there asked without presupposition.
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A rich progressive friend of mine does “churning” which he’s described as going onto a Reddit thread to find the current credit cards that offer the most $ rewards
He then spends whatever it takes to reach the reward by using the card for all of his purchases. Then claims the reward, pays off the card, then cancels the card
The credit cards I believe are losing money with this practice and it shows because they often discover they have made the lists as a churn target and stop their rewards in response
And my friend hates big banks and credit card companies and sees this practice as sticking it to them, or essentially legally scamming them
I can’t post more about it though because I don’t want to deal with this forum being bogged down by 50,000 or whatever guest bots which it currently is