In message , at 14:26:48 on
Wed, 2 Aug 2017, Recliner remarked:
On Wed, 2 Aug 2017 13:35:09 +0100, Roland Perry
wrote:

In message , at 12:26:43 on
Wed, 2 Aug 2017, Recliner remarked:

56% APR - no thanks!

Surely you don't pay credit card interest? And if you don't, why worry
about the rate?

Because it puts their business model into a rather poor context.

I prefer to be objective in my decision-making, rather than emotional.

And one of the data inputs to that kind of objectivity is the APR.

How so? If you don't pay interest, why care about the rate? It's not
objective to have an emotional reaction to irrelevant variables.

If you don't know, then I don't think I can succeed in explaining it to
you.

Perhaps because there's a regulatory issue over "whose data" it is. If
you make one transaction with such a card, does the data about what you
bought belong to the bank or to the Clubcard people.

It's all Tesco plc,

For now, but only because they did a u-turn as recently as 2 years ago.

so why can't they use the data for both purposes?

It all depends what they told the customers. In the mean time you
sliding quickly down a slippery slope of incomprehension between the
roles of data controller and data processor.

Well, given that one of the credit cards they offer does provide full
Clubcard points, that's presumably not the problem.

The fee charged for the card might be considered an insurance policy for
them to sort out any regulatory issues should they arise.

It also doesn't stop Sainsbury's Bank from offering credit card with
normal Nectar rewards.

Apparently not - only point per 5 pounds when used off-piste.

https://www.sainsburysbank.co.uk/cre...reditcards_zon
e_search#tab--purchase-credit-cards-

And Nectar certainly isn't part of Sainsbury's; it isn't even
British-owned.

Aimia Coalition Loyalty UK Ltd.

ps. You need to make your mind you whether co-ownership is a plus or a
minus. But once there *is* a split then the data controller/processor
issues will tend to become clearer.
--
Roland Perry