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Technology Stocks : Apple Inc.

AAPL 273.40

-0.1%

Dec 26 9:30 AM EST

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To: Ryan Bartholomew who wrote (173746)	9/8/2014 4:04:36 PM
From: pyslent	1 Recommendation Read Replies (2) of 213177

No one card currently offers 5% cash back on every transaction on an ongoing basis, but your method of swapping between 20 cards if executed perfectly, would ensure that every charge on any one card generates a 5% cash back. If Apple automated that process such that all users had the same benefit, the result would be that all charges to all credit cards would generate 5% cash back. At that point, every card might as well offer 5% cash back on every transaction, if it's so profitable. And then we'd be back to square 1-- where I just need one credit card.

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