Are you really that gullible?
Of course not, but they think you are!
Credit card companies are certainly welcome to advertise their products, I don’t have a problem with that.
However, this commercial puts a big HUGE spotlight on their little rewards program without explaining what you are really getting: Debt.
It’s so misleading that it made me really mad and I needed to do something. Here is the commercial with the REAL story behind their “perceived” benefit:
*Note: I apologize for the sound quality. I recorded this off the TV with my iPhone.
As you can tell, this commercial made me super-mad.
Their message is the equivalent of getting you to buy a $1.00 box of Cracker Jacks for a $.01 prize.
Actually, it’s WORSE! At least with the purchase of Cracker Jacks you also get a snack!
The only real difference between one credit card and another should be the interest rate. Anything else is a gimmick to get you to sign up for their debt product. If you pay off the card every month then the end result is the same: No debt. However, miss one payment or fail to pay the balance in full and they gotcha: You are paying interest.
Don’t get distracted by the shiny objects in commercial. Pay attention to the real product or service before signing up for any financial product and call me if you want help figuring it out.
If you are mad about misleading messages too then share this with your friends on Facebook, Twitter, or Google plus.