Cedar Point/Cedar Fair Credit Card

I've noticed Six Flags has a credit card. Does anyone think Cedar Fair will have a credit card with park perks in the future?

No

Interesting... I'm not an avid fan of credit cards and going into debt to buy things that are often not needed, buuut...

If it had perks like free tickets, points that could be used towards season passes, tickets, free food, free merchandise, etc, I might be willing to use it a bit. ;)

Credit cards are pure evil, but they are profitable (of course, at whose expense?). Just look at Sears. They are no longer a department store. They're now a bank who sells some stuff. It's no surprise that you can't even walk in the store without some employee trying to get you to fill out a Sears credit card application. Spend 10 minutes in the store, and you'll hear the countdown on the PA system. They're letting their employees know the number that remains for the day's goal of applications. K-Mart has been known to offer better shifts to employees who obtain the most applications. It's really sad.

But money is all that matters, right? That seems to be the common thought on here when it comes to all decisions.

I use one of my credit cards for all my monthly spending. Gas, food, whatever i would buy with cash. I get the points for the benefits and then pay off the bill every week online. Plus it's good for the credit rating when i want to go and buy something big and need a loan. Now i'm not disputing the vile evilness of the credit card company, but you can use them to your own advantage.

I'll resist my debt-free, Kool-aid drinking rant. :)

Cookie Walt? ;)

what? hold up, when did the sears department stores dissappear?

Walt said:
I'll resist my debt-free, Kool-aid drinking rant. :)

But... Kool-Aid rocks!

I'm not debt free, but aside from a student loan, we're as close as we're ever going to be. We don't own a home (yet), and the 2 credit cards we do keep are cleared out at the end of each month if we need to use them at all.

We were very young when we got married, and my husband had awesome credit, and.. well, we were dirt poor. I was a stay at home mom, he was a full time college student who worked part time. We supplemented our less than 10k per year income with the 5K+ he had in credit cards. Needless to say, we got so bad that we ended up filing bankruptcy 2 years later. :(

Since then, we've improved our credit rating dramatically, but we've learned to manage our money, and live well within our means.

Still resisting urge to dispel myth that people need a good FICO score ... :)

There are some here who can tell you, once I get going on this subject, no one will be able to stop me. :)

Well, we want to buy a house sometime next year. We were going to buy a nice big 5 bedroom from a relative this year, but we're moving. The credit score affects how much of a down payment we have to use, and how much interest we'll be paying.

Aside from that, I agree, credit scores really are not as all-important as people like to think.

You don't need a credit score to buy a house. You only need to find a lender who will do manual underwriting.

It's not just Sears, but WalMart, Target, specialty Mall stores, cell phone stores, grocery and any other business which is in wholesale or retail.

The primary reason is because it's the only way the company can actually turn a profit.
Cash & Checks cost a company money to use a bank
Credit cards charge a fee and % per use
Debit cards charge a bank fee

Store credit cards pay the store a % per use.

In short, despite the perks they might offer, the interest rate is worse than any offer they can throw at you.

DJTheC said:
The primary reason is because it's the only way the company can actually turn a profit.

I find that hard to believe.

Sometimes it seems that way, it might not be 100% true, but who knows....

If I ran the books for a company, I could confirm or deny, but I'm just making a sarcastic statement referring to that.

If it was true, the store would be closed. My apologies.

If Cedar Point released a credit card, I'd have to say that'd be the first one I get.

Me and my wife each have one credit card, and its through one of the best banks out there, USAA. Our interest rates and perks are really good, even for as young as we are. I think where people get into the real trouble is with department store cards. It's so easy to sign up for those, and before you know it, you've got one for every major business on 250.