FWIW  I also got, recently, a revision of terms letter from Discover
Card..essentially taking the 'cash back' feature off.  All kinds of fancy
technical terms that I didn't understand, but bottom line is you'll
*probably* not be getting much cash back from Discover Card purchases any
longer.
  Sneaky, these financial companies...

Don Hanson

On Fri, Apr 17, 2009 at 2:11 PM, Gregory S. Morrison <
gsm@gregorysmorrison.com> wrote:

> FWIW, just received my updated B of A credit card terms.
>
> No buyer protection for anything purchased outside your home state or 100
> mile radius of your mailing address.
>
> Note: This is Bank of America's new policy. If other banks haven't already
> done this, they probably will follow suit.
>
> I see this as a substantial change that will really cause problems for
> innocent buyers that will now be somewhat at the mercy of dishonest
> sellers.
> I say "somewhat" because I guess you don't have to buy anything with a
> credit card over 100 miles from your home, but for those of us that do, it
> represents the loss of a safety net for the buyer.
>
> Be careful out there,
> Greg
> 86 Westy Syncro
>