Price discrimination (Signifying Nothing: how does saying nothing at all become so loud?)

Saturday, 15 May 2004

Price discrimination

I get four or five credit card offers per week in the mail, and I usually just throw them away without even looking at them.

Today, though, my wife and I both received credit card offers from CapitalOne. On the outside of each envelope were terms for balance transfers. My envelope offered

2.99% fixed APR for life on all balances transferred.

My wife’s envelope, on the other hand offered

3.99% fixed APR for life on all balances transferred.

My wife's reaction to this blatant inequity: “I didn’t want their crummy credit card anyway.” Neither did I.

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Welcome to Signifying Nothing, a weblog featuring serious (and frivolous) commentary from Chris Lawrence, an associate professor of political science at Middle Georgia State University in Macon, Georgia.
Chris was also formerly a contributor to Outside The Beltway.
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Signifying Nothing formerly featured the stylings of Brock Sides, a left-leaning philosopher turned network administrator currently residing in Memphis, Tennessee who now blogs at Battlepanda, and Robert Prather, a libertarian-leaning conservative economist and occasional contributor at OTB.

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