Sharing Daily Discoveries About Personal Finance And Business Topics

Prepaid Rebate Credit Cards

So today I got the rebate for the product I bought not too long ago. Indeed it was provided in the form of a pre-paid credit card. What was kind of surprising is the amount of literature that came with the mail. There were just piles of advertisements for other services and the process to activate the card had lengthy instructions as well.

This made we think how writing a simple cheque would have probably been more cost effective for the company. I’m almost thinking I should have just opted for the slower cheque route as there are a ton of fine prints saying how you can get charged a “$3.50 per month account maintenance fee” if the card is not use. I guess now I have to find something to spend the money on as I will be wasting my credit if I don’t.

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