Go to Jeff Salisbury LWGate Home Page.From: Richard.Vroman@ncal.kaiperm.org
Subject: Rebate Cards/Parking Cash
Date: 20 Jul 1998 12:35:20 -0700
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My original posting brought in a number of queries about rebate cards,
so it seemed best to reply to the list.
1. The First Union card is Visa gold, that from Chevy is Mastercard
platinum which was upgraded from gold on a spontaneous offer from
Chevy Chase for no additional fee. I believe we got a similar offer
from First Union which my wife declined -- "Why do we need two?"
2. Customer service numbers from the cards are:
Chevy Chase 800-622-2616 First Union 800-359-3862
3. Annual fees: Chevy Chase $40 First Union $20
4. Grace period: no charge on either if paid by statement due date
5. Limits on rebate: none that I know of except credit limit on cards
I think that covers all of the inquiries to date.
Picking up on another thread, there are some funds where a bit more
income can be had than from straight money market funds. Strong
Advantage yields more. It is invested in very short term bonds and may
include issues with lower ratings. The credit risk is reduced by the
short maturities, but there is still market risk based on fluctuating
interest rates. However, the variation in price per share has been
quite small. Be sure to note that share price is not constant like
a money market fund. If memory serves, there is also a Heartland fund
which is something like a municipal junk bond money market fund.
I may not have all of that exact, but it might be something to look at
if one's tax bracket warrants. I have not invested in either -- still
in the thinking stage. Strong has a web site: Heartland probably does.
Trivia question of the day: Strong, Heartland, and Artisan fund families
are all located in Milwaukee. Just coincidence or is there something
unexpected about Milwaukee? Does anybody know?
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