A MN based big box store is offering a 5% discount on all purchases for those that use the company’s RED credit card.
Typically I’m one to jump on a great deal. This one has me feeling conflicted. I’m happy with the current cards in my wallet. Just adding another card goes against my belief that less is more: the less cards, the better. Less cards are easier to manage both financially and from a personal privacy perspective. I don’t really want to dump one out nor do I want to add one to the mix.
I tallied up my annual charges from the big bullseye in hopes that it would leave me feeling like I’m not missing out. Really, I love that store. You can guess that the spending tally only added to my frustration. Now, I can see how much I can stand to ‘save’.
I’m a loyal shopper. I love that store. It’s bright, it’s fun. When I travel and see the bullseye it makes me think of home and I know as long as I see that store, whatever I forgot at home can be replaced. But now, somehow I’m feeling betrayed, begrudged, do I go as far as to say discriminated against? I spend my money there, just not using their card. If I don’t get that card, it now feels like I’m being penalized. My purchases now cost 5% more than the person next to me using the magical card.
So what to do next? Recently the competition in the big box stores opened a super center not far away. I’ve taken a visit there and might even make the switch. Gasp! I’ve been loyal, but change might be necessary.
It is really NOT a penalty. The card has some pretty high interest rates that make up for their 5% discount.
From T-Gries via Facebook
The 5% is not a penalty, it’s a benefit.
If one chooses to not have the card, they don’t pay more. Rather, they just don’t get the opportunity to pay less.
5% off is a nice discount over the year.
Also, you don’t need to carry cash, or use a different card. In addition, Target offers automatic payments for the credit card, so if one pays off the balance each month, there is never a late fee or an interest charge.
It’s a win for everyone!
But, if one has an issue with getting another credit card, that’s one’s choice. But remember, your only “penalizing” yourself!