EverdayMoney Credit Card Reward-Earned my first shopping voucher.

At the beginning of the year, I finally gave in an applied for a pink Everyday Money Credit card, which is a Woolworth's product underwritten by HSBC. I admit that this was AFTER having spent nearly 3 years paying past foolish credit card debt (CCD). I basically gave in to the repeated advertising offers I saw almost daily via WDYT, Rewards Central and other similar companies. They were offering one year fee free and a $50 Woolworht's voucher, plus 6 months low rate transfer of other debts. I didn't have any of those thankfully. Also evert $1 spend earns a point for a shopping voucher sent out every  three monts. Woolworth's Select products earn bonus points as do products from their shopping partners, like Dick Smith's. I tend not to get bonus points as I have been using hte card isntead of cash then paying it back each month. In otherwords I wasn't shopping for particular products to get the extra points. If you want to know why not visit my earlier posts on the foolishness of Flybuys.

Anyway...after expenditure of nearly $9 k - that's right $9,000 AU over 3 months, and an additional 1000 bonus points plus 324 Woolworth's bonus points, I was rewarded  with a $70 gift card which expires on 14 October this year....wow....mad money indeed.  Can you hear the dry tone in my writing ?

What they are paying me for of course is a whole lot of vaulabe consumer spending patterns data. $70 for 3 months of my data. No wonder the reputable market research companies warn you doing their surveys won't make you rich.

Still as I am a reformed shopaholic and a Simple Saver, that will cover at least half a week's groceries. Some of my forum mates could make it stretch to a week's worth.

Warning there seems to be something fishy about this!

Several of us discussing making money on line in the Simple Savings forum have notices that there are many survey directory/paid email style clubs popping up offering a $25 sign up bonus. These include Grocery Clicks, Cash emails Club, Paidsurvey bank and others. What several of us have found is that if you sign up for one and recieve the bonus, when you sign up for another you do NOT seem to get the bonus. For example I signed up for Paid Survey bank, got my bonus and began earning points. This company sent me and email for Cash emails club, also offering a bonus. So I signed up there too. Suddenly my clicks for Paid survey Bank were not being listed in my earnings. On Cash emails club I was earning my clicks for emails, but my bonus was listed as Approved $0. When I added the relevant email addresses to my address book, I noticed that they all are linked to Megan at Fat Cat Rewards. I ahve repeatedlt emailed her about the problems with both clubs yet received no reply as of yet. The same thing has happened for some other members of Simple Savings. So beware- they may be wasting your time. I'd love to hear in your comments about any related experiences.