Common Sense and Dumb Credit Card Moves

For consumers, credit card companies have once again figured out yet another way to keep you enslaved to them - forever! In the guise of wanting to "help" you save for your retirement three of the major companies have come up with an almost laughable plan. These companies are going to start paying you to spend by "contributing to a savings plan or IRA in your name". While it is true that getting at least something back is better than nothing, this plan comes very close to getting nothing at all. Stop and figure this out - for every dollar you charge they will "pay" 1 percent into a savings account. ...

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