Ok, here's another scam to watch out for. "Reward" debit cards. These are becoming all the rage. If you haven't seen one yet, rest assured you will. They may eventually replace all offer checks sent to you by companies (things like rebates, rewards, gifts, etc.) Popular amounts are $25 - $100. They are basically debit cards with a fixed limit for the amount the company is giving you. If you have used one, here's a familiar scenario. Joe has a $50 debit card he got from a cell phone rebate. He used it to buy dinner last night, and has $35.42 left on it. Today Joe finishes pumping his gas. The total comes up to $38.42. Joe inserts / hands the clerk his offer debit card and attempts to pay. Uh oh, transaction denied . No big deal, Joe can use it to buy something cheaper. Except, HOW MANY THINGS CAN YOU BUY WITH A DEBIT CARD UNDER $35.00? Here's the short list of reasons why these cards suck: Transactions for more than the balance of the card are den
The personal blog of Scott McGrath: musician, gadget, and car guy.