Originally Posted by
highstream
"Common sense" says 1.25 miles per $1 purchased means 0.125 miles per $1 purchased?? And does "common sense" also say 1% cash back equals 0.01% actual cash back? Cap One is what it is. No need to make excuses for defend or deny a misleading (or contradictory) presentation. Reading a thread here or there when the flyer talk newsletter comes every week, I get the sense of a lot of company types (and volunteer lawyers), which is perhaps not surprising since the heaviest air travelers typically work in or for businesses and thus reflect that realm of perspective.
There is no legal case because what advertisers say in the big type doesn't matter legally
as long as they include
somewhere in the fine print (which you are given access to) how it
really works. If they were liable for what stuff they made misleading in big print, there'd be legal cases about companies with advertising
left and right.
It's
your job to be wary of advertising and investigate how things
really work. That's not just in credit card industry, that's in
all industries.
It's been noted, for example, that bottles of cooking oil sometimes advertise that it contains no sugar, and boxes of sugar advertise that the sugar is non-fat. Both statements are true in and of themselves, but are placed with the intention to mislead people into forgetting that more than one ingredient matters (when watching calories or whatever). And that example clearly has nothing to do with credit cards.
So I don't know what else you've been doing in life that it took you reading a credit card advertisement before you realized that advertising can be misleading.
