| har mar mcr ( @ 2005-02-05 01:08:00 |
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fred meyer rewards card....
as some of you may have noticed, fred meyer has just introduced this new "rewards card", which they are pitching very hard to customers. i work there...so i thought i might share some thoughts on it for the uninitiated.
the card WON'T GET YOU LOWER PRICES. period. what it will do is give you cash rebates if you spend a certain amount of money at freds. using the card earns you 1 point for every 5 dollars you spend. accrue a minimum of 100 points in a given period (about three months long) and you get 5% of your points back in cash--$5 for 100 points. that 100 points represents $500 of spending. so, you got a 1% rebate. if you didn't manage to spend $500 in that particular period, you get nothing, and your points are reset to zero.
now, fred meyer insists the card is "FREE" and that they value your private information. i would submit that you do pay a price for having the card. the entire reason that they are introducing the card is so that they can build a massive database of information. they will use the card to track every single item you buy, when, and where you bought it. they can use this information for just about anything they want. according to their own "privacy policy" (on fredmeyer.com):
"Kroger and its affiliates may use personal customer information to create merchandising and promotional programs tailored around specific purchases, the frequency of store visits, volume of purchases, and other data. Kroger also may use the data it collects to investigate and respond to customer requests, concerns, and claims...
...We may share personal customer information with our subsidiaries, affiliates, agents, representatives and trusted business partners for the limited purpose of providing services or information to Kroger or our customers at our direction."
your info could also be obtained by a subpoena...
so, make the decision of whether or not you want this card carefully.