If You Believe A City Can Get Credit Card Rebates on Its Purchases, I've Got a Bridge to Sell You
Filed in archive Credit on December 28, 2006
Interesting article in the South Florids Sun-Sentinel about cities racking up humongous charges on their credit cards in order to get big rebates from the credit card companies:
port St. Lucie is paying for a $24 million turnpike interchange and bridge on credit, getting $125,000 in cash-back awards, officials said. Davie bought $330,000 worth of defibrillators for the fire department on credit, earning a $1,650 cash award, said Herb Hyman, Davie's procurement manager. However, Hyman couldn't convince a company to take plastic for a $400,000 fire truck, which would have netted the town about $2,000.
It's a pretty neat idea for saving cities money, although I could turn Port St. Lucie on to a few cards giving better than the half-percent cash back they're getting now. They could be doubling their money!

Permalink: If You Believe A City Can Get Credit Card Rebates on Its Purchases, I've Got a Bridge to Sell You
Tags: credit florida credit finance card money credit+card rebates+purchases purchases+bridge
Vote for If You Believe A City Can Get Credit Card Rebates on Its Purchases, I've Got a Bridge to Sell You:
|
Rating: 8.33 out of 3 vote(s) cast.
|
Response from:
Kredit ohne Schufa
(12/31/06 3:59pm)
Merry Christmas and a Happy New Year 2007!
| RSS | |
|
| |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Follow us on Twitter! |
Most Popular
About This Site
Banking
Best of
Blogging Issues
Book Reviews
Buying Stuff
Careers and Money
Charity
Credit
Did you know
Economy
Education
Finance
Financial Advisors
Funny
General
Greatest Hits
Happiness
Health
Housing
