Credit card with a bonus
Question
Various credit card companies offer a free sign-up bonus, such as 100 NIS, etc. From their perspective, it is OK to order a card to take advantage of the offer and then to cancel the card at any time, even a just month after the offer is used. The reason for this is that it is profitable for them, since a large percentage of people keep the card. The question is, is it permissible according to Halacha to order a card when I intend to immediately cancel it after the bonus is used?
Answer
Dear ...!
Since you are allowed to cancel immediately according to credit card company's contract, there is no halachic issue with this whatsoever.
Comments
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