Credit Card Companies Offer Unique Experiences as Rewards - Yahoo! NewsFirst Faved : Jun 26 2007 by FrothyTheWalrusFaved : 1 time with noteViewed : 5 timesFave It!
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- FrothyTheWalrus - Jun 26 2007 | American Express, news
Quoted: In an effort to compete in a crowded market, credit card companies are moving beyond tangible rewards--such as airline tickets and gift certificates--when trying to appeal to their wealthier customers. Now it's all about experiences. Visa offers customers the chance to hobnob with rock stars like Elvis Costello and NFL draftees, American Express sends clients up into space on suborbital jets, and MasterCard invites people to name the experience they want the company to arrange.
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And all you have to do is spend 160x your household income on your credit card! Disastrous credit card debt -- it's not just for the middle class.