In April Terps devalued points by almost half. This change has now been reverted and you can now redeem points at the following rate:
- Redeem 12,000 points for $100 third party gift card
- Redeem 24,000 points for a $200 Visa gift card
In May some people also had points removed from their accounts, I’m not sure if those points have been returned as well or not.
Hat tip to reader David G
I’m unable to login to the rewards section. Anyone else have issues?
Just realized I am also having this issue today. No clue whats up.
Has anyone had there account zeroed out? I did no manufactured spending on the account and was on time with all the minimums so I am unsure what the deal is… As far as I can tell, my balance is just gone. Maybe I’ll get lucky and I won’t have to pay it, but I don’t want to get my hopes up
Check your statements. Even though I was receiving 0% for the past several months (as the intro offer is 12 months 0%) I seemed to have been charged interest on my most recent statement. Will have to call them to fight it.
Same here. Any resolution?
I can confirm that they most certainly did NOT reinstate my points that were clawed back 🙁
I figured this would happen, so I waited it out!
Can you pay for UMD tuition and get 10x ?
I was asking the same thing lol
This is fantastic news, so glad I didn’t dump my points earlier. Thanks DoC!
Is this card still attainable?
Yes but it’s only a 30k bonus on a $5k spend and you 100% do not want to MS (like fund bank accounts) as they might close your card and claw back points (even if you’ve used them apparently). I think $5k in legit spend can get you much more value elsewhere personally and you don’t have to be as concerned with an overnight deval (unless we’re talking Hilton LOL).
God help me but here’s the link to read the current offer for yourself https://terpscard.com/
Also seems to be highly inquiry sensitive. I tried to apply for my family and all rejected.
Assholes.
-from someone who cashed out points at the old value
I’m waiting for the coveted Lefty Driesell “Polyester” edition of the card.