Thursday, June 11, 2009

points collector ... this is the version I wrote originally and thought was lost ... but now is found

I have just realized just how prone I am to pathologically collecting points.

I have spent countless hours the last 5 months collecting points on farmtown.

I collect points with my credit card and collect flybuys points.

While the last two theoretically give me money back ... it is so miniscule I may as well not be getting any.

e.g. to earn a flybuys $20 reward you need to have collected 2500 points you need to have spent $6250 in a flybuys affiliated store ... admittedly there are many of these ... but I wonder if it is really worth it ... especially if you specifically shop somewhere based on the fact that you will get points and then perhaps end up paying more for a product than if you had shopped around.

With the credit card you need to have spent $4000 on your card to accumulate $20 cash back therefore it would be $5000 to get $25 cash back or 0.5% cash for every dollar you spend.

Comparatively the rate for flybuys rewards is 0.32% or one third of a percent per dollar you spend.

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