Please stop purchasing at BestBuy

Hello,

I do not know what a 'BestBuy Credit Card' is. Have since decades Visa, Master and Amex. I buy what I want and can afford, and the cc company debits the money from my bank account a few days later. No interest rate at all. Never ever had an issue. So please, for my understanding, what is the difference to this BestBuy thing?

Regards
--
Some of my Photographs: http://photo.net/photos/various%20things

Hello,

pinnacle said:

Why are the bottom 80% paying for the bailout of the credit card companies that are charging us 25-30% interest? Isn't it wonderful to be an American?

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Doesn't help you, but it's the same principle here in Germany. Or anywhere in the world. The middle class people pay all. The transfer of more wealth to the higher class and the keeping of silence of the people who unfortunately (must) depend on transfer payments.

As an European, watching this and suffering form it as well on the other side of the Atlantic ocean, I have to admit that there are a lot of reasons to believe, all this was caused and made worse by the Presidents Reagan and the two brilliant Bushes. And it looks like it will be made worse right now by Senators who do not support your actual President in cases like health insurance for all people, just to name a major issue.

But you get what you vote for, no?

Regards
--
Some of my Photographs: http://photo.net/photos/various%20things

Sorry ... this doesn't bother me.

Primarily, I'm unaffected by it, but beyond that, it doesn't strike me as standing out in the world of retail as particularly unethical.

Tackle credit reform and make everyone follow certain rules if you like. But why hold up one retailer for trying to compete in the same market as everyone else ? (The reason of course, is basically the reverse of my reason for having no interest in your boycott, and that's because you're affected).

If you feel screwed by BB, stop buying from them. That won't hurt them much, but at least it won't hurt you, either. But to the very limited extent I run in for the occasional last minute gift or something, I'll continue to shop there. (I have to - Circuit City is out of business

• Dennis

--
Gallery at http://kingofthebeasts.smugmug.com

Hello,

springbock said:

Visa did the same thing to people in Canada about 2 years ago. It would be fine if they said that everything that you purchase from now on will be charged the new higher rate. BUT they don't! They ding you on what you had already purchased.

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Sounds to me like the contracts made on mortgages and stuff in the US, which ultimately led to the world finance crisis. As questionable the behaviour of the US (and other) banks is, without any trace of doubt, is the behaviour of the people who took their baits. Who are mainly US citizens, how come?

I, as a young boy, have been clearly instructed by my parents not to spend money I do not already own. So I bought only what I could afford. Of course also therefore I am not rich by trading (read: ripping off other people), but I also have no debts, I do not owe nobody, nothing.

What a zillion people mainly in the US learned from their parents, I do not know, but from outside the US it looks like 'enjoy life and stupididly spend endless money, others (e.g. your children and grandchildren) will take care of the costs'.

Regards
--
Some of my Photographs: http://photo.net/photos/various%20things

pinnacle said:

I buy camera gear like everyone here and occasionally use a BestBuy credit card to fund a purchase.

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Why do you have a credit card that is good at just one store??! No wonder the average person has something like 9 different credit cards! I have just 2.

So my advice to you: stop getting store specific credit cards and buy from wherever you want!!!

If you get one to get an extra discount for a purchase, cancel the card after your payment is complete for said purchase.

pinnacle said:

I am saying that based on what BestBuy is doing right now, don't purchase anything at all from them. They have as a component in their business model a highly predatory credit card element. Based on that BestBuy choice don't honor them with any business at all.

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Buy whatever you want from Best Buy! Pay in cash or use your credit card of choice that gives you good service and value! Don't use store credit cards!

This is something even Carl Marx would not advocate.

Credit Card Company, or Best Buy, is not your employer, your livelihood does not depend on them a bit.
You use them out of your own choice.

If you do not like prices of their products, or their service, or they methods, do not use them, as simple as that.
It is not an essential service.

What would you say to customers who pay off their cards before due date in full (using them as a convenience tool only) or pay cash?

Why should they stop buying and supporting a vendor, just because someone else has their beef with them?

If someone does not like prices of your products (two hous, 325.00 dollars, few prints..), should they call on everybody else to boycott you? Would you think that was fair?

Rgds

There are multiple banks that offer x number of months at 0% interest on transferred balances for new customers with good credit. Transfer the BB balance, close the BB account, and pay it off before regular rates kick in at the new bank.

60% of American citizens pay no federal taxes , and 25% account for over 70% of the taxes collected. The same taxes which paid for the bail outs, the Cash for Clunkers , the K-12 free educations, the emergency rooms, Medicare, Medicaid, Food Stamps, Welfare subsidies...

***** slapping people with money is, well, not in the best interest of at least 60% of Americans who are depending on - whether they acknowledge it or not- the minority to keep greasing the wheels.

delete said:

Hello,

I do not know what a 'BestBuy Credit Card' is. Have since decades Visa, Master and Amex. I buy what I want and can afford, and the cc company debits the money from my bank account a few days later. No interest rate at all. Never ever had an issue. So please, for my understanding, what is the difference to this BestBuy thing?

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All you need to do to understand is start at the OP and read the rest of the posts. That will clarify the nature of the thread for you.

Its not very complicated if you read through it.

Dan

delete said:

Regards
--
Some of my Photographs: http://photo.net/photos/various%20things

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pinnacle said:

delete said:

Hello,

I do not know what a 'BestBuy Credit Card' is. Have since decades Visa, Master and Amex. I buy what I want and can afford, and the cc company debits the money from my bank account a few days later. No interest rate at all. Never ever had an issue. So please, for my understanding, what is the difference to this BestBuy thing?

Click to expand...

All you need to do to understand is start at the OP and read the rest of the posts. That will clarify the nature of the thread for you.

Its not very complicated if you read through it.

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Well, even if you do read through, it is not entirely clear what the problem is. Do you carry a balance? If you do and there is an interest cost, pay it off.

If you do not carry a balance, and pay the bill in full on due date, there is no interest cost.
Or, am I missing something?
Rgds

Dennis said:

Sorry ... this doesn't bother me.

Primarily, I'm unaffected by it, but beyond that, it doesn't strike me as standing out in the world of retail as particularly unethical.

Tackle credit reform and make everyone follow certain rules if you like. But why hold up one retailer for trying to compete in the same market as everyone else ? (The reason of course, is basically the reverse of my reason for having no interest in your boycott, and that's because you're affected).

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I support boycotting all retailers that engage in these practices, no just BB. I am merely pointing out them in particular because they offered me 12 months with no interest and then they reneged on the deal. I will simply pay them off tomorrow and cease doing with them because of the business practice.

Dennis said:

If you feel screwed by BB, stop buying from them. That won't hurt them much, but at least it won't hurt you, either.

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The reason i am posting here is to take a stand against this type of retailer. Change comes when people stand together against companies that don't deserve our patronage. If you don't want to participate, so be it. I am reaching to people who care about things like this enough to take a stand. You don't care and there will be people like you as there have been throughout history.

Dennis said:

But to the very limited extent I run in for the occasional last minute gift or > something, I'll continue to shop there. (I have to - Circuit City is out of business

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The consumer horizon extends well beyond the BestBuys and Circuit City type vendors when shopping for any of the types of products they offer.
Stretch a little. It isn't that hard.

Dan

Dennis said:

• Dennis

--
Gallery at http://kingofthebeasts.smugmug.com

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RedFox88 said:

pinnacle said:

I buy camera gear like everyone here and occasionally use a BestBuy credit card to fund a purchase.

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Why do you have a credit card that is good at just one store??! No wonder the average person has something like 9 different credit cards! I have just 2.

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I have many cards to choose from. I use the one that is tied to the best deal. BB commonly offers 12 months with no interest. That is why I bought the dishwasher from them 60 days ago. They reneged on the deal and that is why I am going to pay it off tomorrow and cease doing business with the in the future.

RedFox88 said:

So my advice to you: stop getting store specific credit cards and buy from wherever you want!!!

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That advice is based on a false assumption. I already do what you are suggesting.

Dan

RedFox88 said:

If you get one to get an extra discount for a purchase, cancel the card after your payment is complete for said purchase.

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Marcamera said:

This is something even Carl Marx would not advocate.

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What in the world do the writings of (K)arl Marx have to do with the specifics of this thread?

Member said:

Credit Card Company, or Best Buy, is not your employer, your livelihood does not depend on them a bit.
You use them out of your own choice.

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I never suggested otherwise. Where did that come from?

Member said:

If you do not like prices of their products, or their service, or they methods, do not use them, as simple as that.
It is not an essential service.

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Again...Who suggested it was essential? That is one of the reasons it is easy to boycott them. They didn't deal fairly. I'm telling potential customers to stay away from them.

Member said:

What would you say to customers who pay off their cards before due date in full (using them as a convenience tool only) or pay cash?

Why should they stop buying and supporting a vendor, just because someone else has their beef with them?

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They offered me 12 months with no interest 60 days ago on a dishwasher purchase. I took them up on their offer and they reneged on the deal.

Does that sound like a fair deal to you? Would you recommend a company like that to your friends?

Member said:

If someone does not like prices of your products (two hous, 325.00 dollars, few prints..), should they call on everybody else to boycott you? Would you think that was fair?

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Gan

Member said:

Rgds

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pinnacle said:

Change comes when people stand together against companies that don't > deserve our patronage. If you don't want to participate, so be it. I am reaching > to people who care about things like this enough to take a stand. You don't > care and there will be people like you as there have been throughout history.

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So this is , like a Mahatma Ghandi kind of deal, right?
Pleaaaaase....

pinnacle said:

They offered me 12 months with no interest 60 days ago on a dishwasher purchase. I took them up on their offer and they reneged on the deal.

Does that sound like a fair deal to you? Would you recommend a company like that to your friends?

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No, but I do not believe for a second, based on legal implications of a signed contract, that you are presenting a full disclosure, including limitations of fine print.

Where does Carl Marx come from? from your call to action, oppressed consumers (workers) should understand their rights. The only way to fight the oppressor is to boycot him.

Please, as others have said, Best Buys employs people, their livelihoods depend on their jobs. Your call to action is as selfish as your perceived injustice by a company that you do not need to deal with.
Rgds

denniswms said:

There are multiple banks that offer x number of months at 0% interest on transferred balances for new customers with good credit. Transfer the BB balance, close the BB account, and pay it off before regular rates kick in at the new bank.

60% of American citizens pay no federal taxes , and 25% account for over 70% of the taxes collected. The same taxes which paid for the bail outs, the Cash for Clunkers , the K-12 free educations, the emergency rooms, Medicare, Medicaid, Food Stamps, Welfare subsidies...

***** slapping people with money is, well, not in the best interest of at least 60% of Americans who are depending on - whether they acknowledge it or not- the minority to keep greasing the wheels.

Click to expand...

The people with money have made that money on the backs of the people you are warning about "***** slapping." Is an America with 37% percent of its assets owned by one percent of the population truly "the land of opportunity" some have called it? How about an America with 85 percent of its assets owned by 20 percent of the total population. How do you feel about the 130 million Americans that own less than one (yep) ONE percent of the total assets in the entire nation? Well now...That is how the wealth is distributed in the "land of opportunity?"

Isn't "old money" terrific? Those people who have had their money handed to them can brag all they want about their ability to attend the best schools and have access to other wonderful resources now can't they?

yes...there are other percentages aren't there?

Do you really think capitalism is working? Just take a look at where it has taken us.

Dan

Marcamera said:

Member said:

Change comes when people stand together against companies that don't > deserve our patronage. If you don't want to participate, so be it. I am reaching > to people who care about things like this enough to take a stand. You don't > care and there will be people like you as there have been throughout history.

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So this is , like a Mahatma Ghandi kind of deal, right?

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You appear to be obsessed with people like Marx and Ghandi. And of course it is Karl with a "K."

Member said:

Pleaaaaase....

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(Its the "e" you want to repeat to make the exclamation...not the "a."

And no I'm not thinking Ghandi, Karl or any other high profile personalities...just plain old grass roots people who care enough to rake a stand on important issues.

Dan

--

If you enter into a discussion with the intention of winning a debate you will likely learn little about other perspectives and almost certainly frustrate yourself and the person you oppose in verbal combat.

pinnacle said:

You appear to be obsessed with people like Marx and Ghandi. And of course it is Karl with a "K."

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O.K.:
Karl

pinnacle said:

pinnacle said:

Pleaaaaase....

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(Its the "e" you want to repeat to make the exclamation...not the "a."

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O.K
Pleeeeeeeeeeease

pinnacle said:

And no I'm not thinking Ghandi, Karl or any other high profile personalities...just plain old grass roots people who care enough to rake a stand on important issues.

Dan

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Happy?
Now you can "rake a stand"
Rgds

Pay cash for the items you want. If you cannot afford to pay cash take on another job or wait until you have saved enough to make the purchase. Being fiscally irresponsible with credit is the reason the American economy tanked and the reason so many Americans are in financial trouble. The title of this thread should be, “Stop using your Credit Cards and pay cash!” The Financial institutions are simply reacting to the Nanny laws the U.S. Federal Government creates. So stop feeding the bear, pay cash and be debt free...you'll sleep better!

Tom

pinnacle said:

I support boycotting all retailers that engage in these practices, no just BB.

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If we all boycotted every business that engaged in what someone perceives as unethical practices, there would be no place left to shop. I avoid Sears like the plague based on a few experiences with them years ago. I only go to Lowes or Home Depot for a few things that are hard to find elsewhere, otherwise, I opt to shop at local hardware stores or lumberyards. I buy fair trade coffee. Others have suggested campaigns against B&H, and I'm sure you can find a "boycott XXX" campaign out there for just about every retailer imaginable. You probably (guessing at probabilities; no judgement of individuals) wear clothing made by children in a sweatshop (knowingly or not).

pinnacle said:

I am merely pointing out them in particular because they offered me 12 months with no interest and then they reneged on the deal.

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I'd need more evidence of that and would want to see the result of an effort to make them honor the contract (if I were going to become involved, which I'm not) before I'd take it at face value and jump on the bandwagon. What if someone with a grudge against an ex-spouse who's a manager in some company made up a story and got on a forum and posted "boycott XXXX because " ? I'm not saying you did that; just saying it's unreasonable to ask people to engage in practices intended to harm a business based on a brief story in a forum post.

At least I can understand why you're carrying a balance - I've purchased things over time during "same as cash" promotions just to let my money sit in my bank account as long as possible.

pinnacle said:

I will simply pay them off tomorrow and cease doing with them because of the business practice.

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I can respect anyone voting with their wallet. The good thing about that is if most people are satisfied and one or two walk, the business thrives as it should, but if a large number of people are unsatisfied, the business suffers, as it should.

pinnacle said:

I am reaching to people who care about things like this enough to take a stand.

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OK ... as I alluded to above, I pick & choose which businesses I support and I imagine a number of people who also have no interest in your campaign have their own pet peeves in the business world. Maybe given the fact that we do all have our own complaints and our own mini-campaigns, it takes more than what you've written for another company to register on our radars. But given your polite acceptance of those of us who aren't interested, I can only wish you good luck

• Dennis

--
Gallery at http://kingofthebeasts.smugmug.com