4 ms·
Yeah, this kind of thing pisses me off. They're literally trying to have it both ways. More pragmatically, it's why I'm wary of purchasing any "unlimited" or o
by galdosdi 10y ago
Yeah, this kind of thing pisses me off. They're literally trying to have it both ways.
More pragmatically, it's why I'm wary of purchasing any "unlimited" or other deal where a back-of-the-envelope estimate suggests the deal is so good the company is losing money on me. It may seem like a great deal for me, but I know that eventually the company may wake up and start looking for every possible excuse to kill the deal, cancel my account, get me in trouble to end the offer, etc, etc. Especially because even if they're in the wrong, it may not be worth it to hire a lawyer to prove it. In the worst case, I may never recoup my investment, in the best case, I may merely break even or make a small profit that doesn't really reflect the hassle and time I put into it.
Three random examples:
(1) I signed up for Santander's crazy extra20 deal where you get $20 a month for having a checking account. They lied to me (of course I asked this) and told me even if the promotion ended I'd be guaranteed to be grandfathered in forever as long as I kept the account open and met the conditions ($1500 direct deposit monthly and two bill pays per month). A year and a half later they announced they were closing all extra20 accounts and converting them to normal accounts. While I made a couple hundred bucks off it, taking all the time and hassle involved, I'd consider it just slightly better than a wash, which is much worse than the original offer. Not complaining or anything as I knew what I was getting into, just an example of this phenomenon.
A lot of incentive offers are kind of similar. Mad respect to those people with nerves of steel who make a living off of churning credit card offers.
(2) Rent controlled or stabilized apartments sound awesome but could be kind of scary. The more time passes, the better a deal it becomes for you.... and the more incentive the landlord has to try to stalk and harass you to find an excuse to evict you, and the more you may need to retain an attorney and deal with increasing hassles. Is it worth it? Maybe, maybe not. Rent can be very expensive, but so can legal costs. Do you want your home to be the center of anxiety in your life instead of your refuge from it?
(3) Any kind of unlimited storage or bandwidth. You have no idea what the secret magic number is where if you go past it, they'll start looking at you funny trying to find an excuse why you're technically violating the ToS, or degrade your service and find an excuse why it's OK that they degraded it, etc, etc