Credit Card “Shtick/Fraud” – is it stealing?

Home Forums Money & Finance Credit Card “Shtick/Fraud” – is it stealing?

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  • #587822

    Joe Schmo
    Member

    Is it “yosher”? Does it fall within the guidelines of “kedoshim tihyu” as defined by the Ramban? Does it satisfy the passuk “Vehyisem Nekiyim”?

    #1503763

    chiefshmerel
    Participant

    It’s not stealing. But it’s not the most honest thing to do.

    #1503776

    ☕ DaasYochid ☕
    Participant

    It is stealing.

    #1503779

    ☕️coffee addict
    Participant

    Can you please explain what it is?

    #1503782

    Joseph
    Participant

    Is this about selling credit card points?

    #1503797

    ☕ DaasYochid ☕
    Participant

    Can you please explain what it is?

    Why, so you’ll know how to do it?

    😉

    #1503821

    joe
    Participant

    I personally think it is not yoshar, it depends on how Halacha defines mechack tous, the reason these credit card companies give these points is a insentive to open and spend with there credit card, not opening and closing cards, and calling up to get one time courtesies etc…..

    #1743708

    lakewhut
    Participant

    Fraud us fraud. Give an example.

    #1743683

    whitecar
    Participant

    You talking about opening one of these cc with few hundred dollars worth of sign up bonuses and then after getting them closing it? Cause credit card companies are fully aware of this and they know they will still make an insane profit from it.

    #1743741

    Amil Zola
    Participant

    I thought this was about the CC scam whereby you permitted someone (individual or business) to use your card and they will pay you back at a profit (and you get the points). There is a newly filed lawsuit regarding this.

    #1743736

    lakewhut
    Participant

    It’s not fraud to open a credit card. You can have 12 cards. You shouldn’t lie about your income on the application.

    #1743856

    whitecar
    Participant

    @amil zola people on dans deals say they’ve gotten very badly screwed over by doing that. I heard If you try to get a 35k limit on amex, they will make you send them a copy of your tax returns. If you dont (or it doesnt match the income you told them) they will shut down all your accounts with them.

    #1744196

    Amil Zola
    Participant

    whitecar there was lots of talk on Ima mother about this over the years. Finally folks started admitting they had been taken advantage of and left with many thousands to repay the credit card companies. I don’t use my CCs much and really don’t pay attention to points, that’s not why I have them. That being said I still cannot fathom an adult permitting someone to use their CC.

    #1744201

    akuperma
    Participant

    If you have to ask, you know the answer is “no”.

    #1744249

    user176
    Participant

    The question here isn’t clear.

    Whitecar, I had an Amex for several years. I recently requested an increase and they gave me $40k and I wasn’t asked to submit anything

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