Originally Posted by
sbm12
Generally opening an account is the first step in getting screwed by them.
You need to agree to transfer points at their stated rates. They can't force you to do it. Therefore, I don't see how they can "screw" you. Either you find their rates appealing enough to use, or you don't.
Originally Posted by
bagelx
Ya, i know most of there conversion rates are rip off.
I don't understand this claim either. How can they be ripping you off unless you are forced to use them? What companies offer better ratios, and why not use them instead? If none exist and it would be profitable to do so, why not invest in such a venture?