It has been few months since dcu – Digital Federal Credit Union, one of the oldest and famous credit union in nation annouced to close the scorecard reward points to all their credit card members. Starting Sep 2010, there will be no reward points to any of the purchase.
They are also replacing the cards to two types of cards, one ordinary and another one with higher rates which might have option for rewards points. So what they are trying to say, if you are willing to pay higher rates, you might be eligible for rewards. That’s not really good way to earn business. I heard many of my friends started using other cards or sign up for reward cards like Chase Freedom, Bank of America and CITI Bank cards.
Also you only have till Mar 2011 to redeem all the scorecard reward points stored away. You better start planning to use in this holiday time.