Chase with Blueprint

[JHZR2]

Just saw a "product review" commercial for chase with blueprint credit cards. Anyone have one?

I just don't get it. They claim that you can pay everyday expenses first to avoid interest, then have a plan to pay off bigger expenses.

This does not make much sense. You have $x balance at y% APR. Whether you pay purchases a or b first, if you dont pay the whole balance, the remainder, $x-$z is subject to y% interest. It does not matter what gets paid off first. The interest is the same.

Maybe if it lets you artificially raise the minimum payment, it would let you avoid interest, but otherwise it seems the claims are misleading and mathematically false.

What gives? Am I missing something?

 

[HTSS_TR]

It's a marketing gimmick to trick the card holder into not paying full balance every month. I don't buy into their sale pitch and paid off the balance every month as I always do.

 

[JustinH]

It's for people who don't know basic math..

Many people sadly think of things like automobiles or houses in term of monthly payments, why not a couch or a TV set?

Its a terrible way to live..

I hold two credit cards and have not paid one penny in interest on either in several years. I rack up the airfare miles and take my girlfriend on a trip every other year where at least one of us flies for free.

 

[simple_gifts]

A woman called into "Marketplace" and indicated her TBTF bank had a promotion to help non profits. Just change your debit transactions into credit and they will donate a whopping 1% to charity. The real goal, it appears, was to rack up transactions fees from the vendor where the business was done, as credit transactions incur a fee to the business holder.

It is clear that moving money around and charging is now WS's primary goal rather than supporting what used to be the "real economy"; sorry a bit OT.

 

[The_Jeff]

Chase just issued me my third card. First came with a $50 check for using it once; 2nd a $40 credit to Amazon. This one now will pay $100 in 6 to 8 weeks after I used it once last week.

Is this TARP money? They're loaded!