[Psml] Does anyone know the current details of USPS Credit Cardprogram ?

[D C *Mac* Macdonald]

If I recall correctly, there were MANY members who became
highly ticked off at the treatment by CitiBank; excessive
charges, failures to post payments, etc.
 
I have seen nothing of an "official" credit card program in
quite a few years.
 
The card may have sent some miniscule rewards to USPS
and squadrons, but the exhorbitant interest charges quickly
negated the desire of members to benefit USPS at great
personal cost to themselves.
 
D C "Mac" Macdonald   Oklahoma City, OK
Oklahoma City S&PS & Grand Lake (OK) S&PS
 
> From: cdr2002 at mchsi.com> Date: Mon, 22 Sep 2008 18:34:41 -0500> Subject: Re: [Psml] Does anyone know the current details of USPS Credit Cardprogram ?> CC: psml at usps.org> To: k2gkk at hotmail.com> > P/D/C Brian Logan, SN> The credit card program is last mentioned in the OCOM minutes September > 2004. The Members Benefits page is where I looked next link is below. Chase > Banks is who they list but I could not find the reward to squadron. It > appears the Operations Manual has an opportunity for improvement.> http://www.usps.org/national/admin_dept/membenefits.htm> > R/C Kent Simpson> Operations Manual> > > ----- Original Message ----- > From: bats_wings at sbcglobal.net> To: cdr2002 at mchsi.com> Cc: United States Power Squadrons Mailing List> Sent: Monday, September 22, 2008 5:19 PM> Subject: [Psml] Does anyone know the current details of USPS Credit > Cardprogram ?> > > A few years ago, past treasure John Alter was working on a credit card > program that would give squadrons a fairly large amount - say $50 - when a > member signed up for an affinity credit card and the card was actually used. > We would like to use it to raise funds for our squadron.> > I can't find reference to that program on USPS web site - I found this in > Operations Manual, p 3-19, dated 5/08:> > "The USPS credit card program offers a> unique "Squadron" Visa card to members at no> annual charge. Interest rates and other charges are> regularly monitored to assure they are competitive.> USPS enjoys a negotiated royalty from charges> made on the card and splits these payments 50-50> with the purchaser's squadron, making this> particularly attractive to squadrons. Districts also> share in this financial revenue from this program.> The program is promoted by First USA Bank,> Wilmington, Delaware. First USA may be reached> at (800) 955-8010."> > Does anyone know what the current program is?> > Thanks!> > P/D/C Brian Logan, SN> USPS - America's Boating Club®> > > > ________________________________________> Need to subscribe, unsubscribe or change your email address? See > www.usps.org/mailman/listinfo/psml for details. > > ________________________________________> Need to subscribe, unsubscribe or change your email address? See www.usps.org/mailman/listinfo/psml for details.
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