Every month your credit card statement comes with an insert with lots of offers. But do you realise that most of these so called ‘offers’ are selling you Chinese goods, smuggled grey market goods at prices greater than what the companies offer to regular customers.
You don’t! , let us take an example :
Please note we are not using any company name here, we will however be writing to a few companies to see their response.
This Credit Card company has tied up with one of the largest online retailers, but the prices quoted in exclusive offers to their customers is more than what normally one would have to pay:
We consider a 2GB quantum MP3 player, the cost for which is Rs.999 to all customers on the retailers website (shipping is free), but the exclusive offer for the credit card company’s customers is Rs.999 + Rs.200 shipping !
So the next time you feel tempted by an exclusive credit card offer that came with your statement, think again !