Originally Posted by
Steve in Olympia
It is a fallacy to declare that the Freedom cards "are designed as cashback cards" and, since the "cashback structure has not been impacted," the cards have not been devalued. Your argument reaches the desired conclusion only because you assumed the conclusion before you reached it.
This is a classic example of begging the question. As Ambrose Bierce once wrote, "An ostrich doesn't need wings because it can't fly anyway."
[redacted] many consumers choose the Freedom cards for the UR benefit.......consumers (like me) who never redeem for cash. We know that those consumers exist because every travel blogger advises their readers that redemptions for cash are the worst possible use of the Freedom cards.
[redacted].
Even though the Freedom and FU are "Cash back cars" even Chase markets the benefits as "points" that you can redeem for cash back. For example, when you read the fine terms on a FU sign up bonus it basically says that you get 15,000 points that can be redeemed for $150 cash back. It's really all about points and those points are used for cash back if you want them to be.
Last edited by StartinSanDiego; Jul 18, 2017 at 9:58 am
Reason: Quote has been edited