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by tehwebguy 1989 days ago
BBVA is closing US operations. They haven’t had a massive presence here but their NBA card was pretty interesting.

It’s a pretty standard credit card, like 1% back on everything and 3% on NBA purchases. But it was 5% back on everything during the finals and all-star weekend.

Those two weeks were wild, probably ten thousand plus people buying tens of thousands of dollars of Visa & MasterCard gift cards to liquidate via money orders and repeat for a ~3.5% profit.

They changed the rules like a day after the first finals week, $5,000 cap on the 5%. I can’t imagine they had anticipated the magnitude of the response!

Anyway, I generally suggest getting