Received a solicitation from the ANA a few months backs to apply for an ANA Visa card. Terms of the offer said I would get a $50 credit after 5 transactions posted in the first 60 days. Card was issued by US Bank. Applied and received the card, made the 5 purchases, and after a couple statement cycles called US Bank to ask where my $50 credit was. They pretty much told me to take a hike, that I wasn't entitled to any such credit. I contacted the ANA about it, so far, still no credit. Offer as received from the ANA: http://admin.listpilot.net/mpower/showHtml.do?ac=money&id=8s369bz_41c7dda8
It's been more than 2 months since the 5th purchase. Plus, when I called US Bank they made no indication that a credit was forthcoming, claiming that I was entitled to only "1000 Rewards Points" which are worth only ten bucks. Minimum cash-back reward is 50 bucks, -like I'm going to use the card for another $400 in purchases when they haven't honored the original promotion. I don't doubt a lot of it surrounds US Bank. They're run by a bunch of idiots. Had another card with them that they shut off on me as a "fraud precaution" when I used it 10 miles from home at a Crabtree & Evelyn while Christmas shopping. Was a $23 purchase. Why? because I had made another purchase that day in Ohio via the internet for a magazine subscription.
Looks like it's a possible bait and switch type thing. Only thing I can think of is the fine print says the $50 off is for certain qualifying members. Meaning you might get the card but not qualify for the offer. Just like car commercials put up a monthly payment price and in fine print state something like "for those that qualify and $3900 due at signing". If that's not the case in your offers fine print, then bring it to the attention of the appropriate department within US Bank or maybe try contacting an executive directly. I don't know how far you are willing to take it, but maybe reporting them to the BBB might help. You may also want to search if there are others who have been duped and see if a class action lawsuit is forming. Hope it all turns out well for you.
Did that years ago and never looked back. A large portion of the credit industry is out to swindle you. Caveat emptor. I don't even take out car loans anymore. Yes. You can live totally without credit, excluding mortgages. Most folks don't have hundreds of thousands in the bank to buy a house up front.
