MyPoints Announces New Credit Card

January 3, 2006 · 0 comments

Okay, I’m about two weeks late on this news item…it was the holidays, sorry.
On 12/19, MyPoints announced to members that they have a new MP credit card, the MyPoints Rewards Visa. Use the card within a year and get 1,000 points, plus double points on all offers regularly up to 6 points per dollar through June 30, and 1 point per dollar on all offline and all other online purchases.
Now, I slacked off and didn’t read this email until today, by which time the 5 points for visiting the offer had expired…so I had to go to MyPoints’ website in search of more info on this offer. And guess what? Now the website says that double points per dollar EXPIRED 12/31/05!
I had thought it was fishy that, with MyPoints up for sale, they were issuing a new credit card. Apparently sometime between 12/19 and today, they decided to discontinue a HUGE part of their signup offer. There’s a big difference between offering double points until June 30th and just between 12/19 and 12/31, 13 days. Hello? Is this sending up red flags in anyone else’s head?
Determined to get to the bottom of this, I clicked on the Terms & Conditions link on the site, and guess what? It says, “Sorry, that offer is no longer available.” Hmm, maybe a site glitch. So I went to the Apply Today link and got the same error message.
I hate to keep playing the role of doomsayer with MyPoints, but we are running out of time before their parent company, United Airlines, is due to emerge from bankruptcy. They already told their bankruptcy court in Chicago that they intended to sell MyPoints. No idea WHAT business they thought they had in offering a new credit card right now but obviously someone slapped them upside the head and told them to pull out of the deal.
Hate to sound like a broken record, but… redeem and get out, ASAP.
Meanwhile, I’ve submitted an email inquiry about this to MyPoints’ Member Services. I’ll let you know what their response is.

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