Not for me HF, thanks. I stay clear of most of these as I would rather not have to join a club or get a card to get "discounts" (in this case it's future credit to get you back to the store to buy more). I do charge to a credit card, and use it a lot. But I pay it in full every month. I've never paid a membership fee or monthly charge or interest on any card. Even though my practice seems the same as cash, in reality I'm still carrying credit monthly (until the bill is paid) compared to paying cash up front. So it can still be a dangerous practice, always on the edge of getting out of control for some people.
In the end, HF will be luring in customers with these cards issuing 5% rebates, and that takes away from all other customers' discounts. Fewer 20% offerings and higher prices to make up for those charging on their HF cards. I'll be shopping other places more often now, an only in HF when it makes sense (or cents).
And speaking of 5% rebates... It's being called "5% back in HF money". I wonder what denomination that will be.
In the end, HF will be luring in customers with these cards issuing 5% rebates, and that takes away from all other customers' discounts. Fewer 20% offerings and higher prices to make up for those charging on their HF cards. I'll be shopping other places more often now, an only in HF when it makes sense (or cents).
And speaking of 5% rebates... It's being called "5% back in HF money". I wonder what denomination that will be.