Thanks for (Almost) Nothing

cupcakeNo, that’s not actually what the email from my cell phone carrier (rhymes with “Schmerizon”) said earlier this week.

That would be this:

“It’s time to celebrate!  Thank you for another year. In honor of your account anniversary, we’ve added 2,000 Smart Rewards points to your balance. Now, that’s a sweet reward.”

The catch?

The points are practically worthless.

.0033¢ Per Point

That’s because a gazillion are needed to redeem even the most nominal gifts.

To take just one example, a $10 Target gift certificate recently cost more than 300,000 points on the company’s rewards site.

If you’re doing the math, that comes to literally .033¢ per point.

Which means those extravagant, 2,000 anniversary points are worth  . . . a measly 6.7¢.

P.S.:  And yes, the cupcake graphic accompanied the email.

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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