RN
Ruan N

1 reviews | Active since Dec 2015

14 Dec 2015, 18:07

Net \Bonus"shamefull 1.03% - creative marketing!"""

Do yourself a favour!<br> Have you ever calculated your true net \bonus"after all the charges have been taken into account? Maybe you should!<br> 1) Transactional Charge<br> 2) Monthly admin Charge<br> 3) Transactional Surcharge<br> 4) Card Insurance Charge etc etc<br> I have - the \""bonus\"" comes to 1.03%!<br> Cape Consumers paints an incredible and unbelievable picture by claiming to pay as much as gross 5% but if you look at the nuts & bolts it really isn't great to say the very least!<br> <br> Via marketing & advertising they claim to pay a specific % by retailer / supermarket but the actual bonus paid out is much less than this.<br> The general consumer do not pick this up and is \""brainwashed\"" by the \""clever\"" marketing strategy.<br> With the transactional surcharge you are essentially contributing towards your own \""bonus\"" - you're contributing a bigger portion of the bonus that you actually earn at the end of the day. <br> <br> Do yourself a favour and do the calculation!"""

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