Comments on: When credit cards go social

By: kevinyong1882

kevinyong1882 — Thu, 30 May 2013 17:35:09 +0000

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By: carlasmith1887

carlasmith1887 — Wed, 30 May 2012 05:56:46 +0000

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By: UniBul

UniBul — Thu, 26 Apr 2012 21:59:06 +0000

A colleague of mine has reached quite the opposite conclusion about Barclaycard Ring in a post on our blog and I agree with him (you can read the article here: http://blog.unibulmerchantservices.com/w hen-credit-card-companies-try-hard-to-ge t-social-media). You may be an analytical person and not be easily influenced by social signals, but Barclaycard is not targeting consumers like you with this card and they seem to be on to something here. What they are doing may seem silly or goofy to you, but many others will see it differently.

By: MrRFox

MrRFox — Wed, 25 Apr 2012 15:41:16 +0000

‘“The rich rules over the poor, and the borrower is servant to the lender.” (Proverbs 22:7)’ (Strych)

It can cut both ways -

“If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.”
(J. Paul Getty)

By: Strych09

Strych09 — Wed, 25 Apr 2012 15:10:49 +0000

“The rich rules over the poor, and the borrower is servant to the lender.” (Proverbs 22:7)

By: MrRFox

MrRFox — Wed, 25 Apr 2012 15:00:50 +0000

“Don’t forget that the person who said that was a carefully signposted twit.” (SeanM)

Yes, his record was nothing to write home about – he had a good understanding of the risks of debt, however.

By: seanmatthews

seanmatthews — Wed, 25 Apr 2012 14:06:51 +0000

>“Neither a borrower nor a lender be;” (Hamlet, Act I, Scene 3)

Don’t forget that the person who said that was a carefully signposted twit.

By: MrRFox

MrRFox — Wed, 25 Apr 2012 09:25:01 +0000

“Neither a borrower nor a lender be;” (Hamlet, Act I, Scene 3)

By: DanRay

DanRay — Wed, 25 Apr 2012 01:06:07 +0000

Sorry. Premature sendulation.
In our penalty rate survey early this year, we noticed a broad move away from penalty rates. In 2010, more than 90 percent of the major credit card issuers charged them. This year, the figure dropped to 69 percent — though we hadn’t seen any at a rate as low as the Barclaycard. I don’t know if it’s cool to post links here, but our penalty rate survey is at http://www.creditcards.com/credit-card-n ews/credit-card-penalty_rates-higher-rar er-1276.php (I’m editor in chief of the site)

By: DanRay

DanRay — Wed, 25 Apr 2012 01:02:59 +0000

In our penalty rate survey early this year, we noticed a broad move away from penalty rates. A year ago, more than 90m