luckypierre
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- Feb 20, 2009
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Similar offer 2 weeks $150/4000 or $190/6000
I’ll pass on these
I’ll pass on these
Nope.I assume Apple gift cards would count as spend?
For the avoidance of any confusion, I'm not your sister, but I got:New offer:
- spend $60 for 2 weeks earn 2,000 points or
- spend $100 for 2 weeks (starting today) earn 3,000 points.
Definitely prefer 4 week offers for 10,000 points.
My sister got 2 week offers but with much higher spends and for more points.
That’s why I got too, also a no thanks!I'm not sure what Coles is trying to do but they're doing a good job of keeping us away
One account
- spend $150 a week x 2 weeks for 4000 bonus points
- or spend $190 a week x 2 weeks for 6000 bonus points
Noooo....
Of course you will do this anyway, but for those who are less knowledgeable - when you don't activate such an offer make sure you only put through a miserly amount on that FB account (say $8 to $10) so the system sees a good drop in your spend. Put the rest of your spend through as a separate transaction without using any FB card (if you've only got one separate account).I'm not sure what Coles is trying to do but they're doing a good job of keeping us away
One account
- spend $150 a week x 2 weeks for 4000 bonus points
- or spend $190 a week x 2 weeks for 6000 bonus points
Noooo....
Then make sure you don't use your usual CC or your spend will track anyway.Of course you will do this anyway, but for those who are less knowledgeable - when you don't activate such an offer make sure you only put through a miserly amount on that FB account (say $8 to $10) so the system sees a good drop in your spend. Put the rest of your spend through as a separate transaction without using any FB card (if you've only got one separate account).
...
They could be using data from the same period in prior years, and/or it could be confused by those gift cards. I wouldn't rule it outI'm really struggling to understand where they get $150. Can't be from gift cards I bought more than a month ago. Anyway what would I know.
Now that would be interesting if they have adopted the approach that CCs used to use to convert (brainwash?) clearers to revolvers.They could be using data from the same period in prior years, and/or it could be confused by those gift cards. I wouldn't rule it out
Possibly not quite as dangerous, comparing supermarket points schemes to credit providers, but yes they wouldn't exist for fun - Coles and we operate them to increase profit via changing your spend. So it's the same psychology!Now that would be interesting if they have adopted the approach that CCs used to use to convert (brainwash?) clearers to revolvers.
In this case they're using the 'addiction' to points to increase their share of wallet, and most likely (for the non-AFF world) lead to much greater food wastage.
Prior to the change in legislation about having to opt-in for credit limit increase offers - CC companies would track the seasonality of your purchases and then offer you credit limit increases (by what the pyschs said were not 'bell-ringing' amounts) a few weeks before you typically increased your spending.
So if you normally planned & bought your holiday airfares/accom etc in April then you'd get limit offers in mid to late March.
The trick (devious, twisted, evil...) was to apply the 'death of a thousand cuts' to users habits. Or the 'boiling frog' approach - encourage you to spend ever increasing amounts until you reach the limit level where you spend more than you can pay in full by the due date. Some of the less caring issuers would aim for two or three limit increases past this point so that you're really hooked.
Does anybody else wonder if the new gen operations like AfterPay are a variation on this theme?
Very little in the way of offers for our two cards, conversely there seems to be more EDR offers coming in but still not that generous either i.e 2weeks @ $60 for 4000Is everyone still getting offers from flybuys?
I got the last 4 week offer, but have since only got liquorland offers.
Crazy thing is my Coles spend has dropped off a lot since they renovated our local store so if anything, I thought I’d be getting incentives to spend more with them.
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