I get this, I think it makes perfect sense for the credit card companies. My point was that most of these bloggers blog about how great it is to "churn" cards... hit the bonus, and move on to the next ones (something that is obviously a money loser for the CC companies); some of the more reputable ones will find and report the zombie links, even when they don't get referral credit. All of this costs the CC companies money; one biggest gains (the 100k cards, the 50k + $50 one purchase United card) are their biggest losses.

The idea that bloggers' summit to discuss these issues WITH the credit card companies is somehow beneficial to the reader is questionable. that was my point. There is no benefit in any of this for the readers. Other the the CCs, the benefit is to the bloggers - to get a scoop of what to promote, to network and promote their affiliations, etc. any other spin is silly