[SATLUG] Linux Credit Card - Be the first in your neighborhood
horned0wl93 at gmail.com
Thu Jul 30 10:08:30 CDT 2009
David Kowis wrote:
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> Bruce Dubbs wrote:
>> Howard Haradon wrote:
>>> Don't this beat all !
>>>> From ComputerWorld:
>>> According to the Foundation's press release, here's how it works: "The
>>> Linux Foundation is partnering with CardPartner Inc. to offer the
>>> affinity Linux credit card through UMB Bank. The Linux Foundation will
>>> receive $50 for every activated card as well as a percentage of every
>>> purchase made with the credit card. All funds from the Visa card
>>> program will go directly towards providing community technical events
>>> and travel grants for open source community members in order to
>>> accelerate Linux innovation."
>> Well I had a similar Linux card and it was taken over by NCNB (or
>> similar) and their new terms were unacceptable to me. If you were 1 day
>> late with a payment, it was a $40 fee. I pay my full balance every
>> month and some banks have been known to delay processing a payment after
>> receiving it just to get the late fee.
>> I prefer USAA. (Anybody can apply to the Savings Bank). If you have
>> good credit with them, there is no late fee at all up to 30 days.
>> All the rest of the stuff about protecting your purchases, etc are
>> pretty standard of virtually any Visa or Mastercard based product.
> Don't do credit anymore. I donate to my linux distribution, and I pay in
> cash. With cash that I saved. Not borrowed cash.
> Nothing against Visa or MasterCard, they just provide transactions and I
> love having a MasterCard "check card."
> Just me,
> - --
> David Kowis
I think a lot of us are like this any more. Credit's a headache, and
even worse in economic bad times, when the holder/provider companies
will do anything (often questionable, and always bad) to get more money
out of already distressed card holders...
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