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I feel compelled to speak about a "Kol Koreh" signed by a number of Rabbis making the rounds and being published together with an alleged "translation" or "explanation" of the hebrew side.
On the Hebrew side it speaks out against the credit card application farms and their methods as I wrote in point 2 here: http://www.dansdeals.com/archives/46584

However on the English side the author writes out against buying gift cards and every other method of manufactured spend to earn miles.

I figured it was worth investigating what exactly the Rabbis signed off on.  I called and asked Rav Shmuel Kamenetsky, the Rosh Yeshiva in Philadelphia, whether he agreed with the English side.  He said he never saw an English side and that it was terrible that it would imply that he was agreeing with anything that wasn't explicitly written on the Hebrew side.  And he said that it has to be corrected so that people don't get that impression.

He does not feel that "all methods of manufacturing spend for miles are abusive," and indeed if there are legal ways to do it, then people should go right ahead and earn the miles.

I also called Rav Dov Kahan, founder of Bais Din Maysharim in Lakewood.  He also did not agree that "all methods of manufactured spend are abusive" but felt that methods in which each party (the store and the credit card in the case of a gift card purchase) say that you can do so and it's not against any of their terms, would be permissible and that isn't what the Kol Koreh was targeting.

-Dan




Reply #194
Rav Kamenetsky just called me back.

He says aderaba, if people can find a way to purchase miles via stores who charge for gift cards and and they can get miles then good for them.  Nothing wrong with that kind of MS at all and he had no idea why the author would deceive him like that.

The problem he signed against was the companies opening cards for people and their methods, nothing else.


Reply #280
The only kind of MS that R' Kaminetzky said isn't "yashur" and that he was signing onto was for refundable items.

He wasn't told anything about any other kind of MS.





« Last edited by Dan on July 10, 2014, 09:49:35 PM »

Author Topic: Kol Koreh against MS  (Read 94471 times)

Offline TimT

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Re: Kol Koreh against MS
« Reply #300 on: July 09, 2014, 01:33:56 PM »
The 'date' on the covers is Friday - http://www.lakewoodshopper.com/
So that's probably the earliest it's available.
I saw that, but don't most people do their shopping before Friday ? Most papers come out Wednesday.

Offline churnbabychurn

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Re: Kol Koreh against MS
« Reply #301 on: July 09, 2014, 01:35:11 PM »
It prints late wednesday, out thursday.

Offline TimT

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Re: Kol Koreh against MS
« Reply #302 on: July 09, 2014, 01:35:21 PM »
Dont hold your breath..
They'll have to hold meetings. It'll take weeks & by then it's not news anymore.

Offline notanonymous

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Re: Kol Koreh against MS
« Reply #303 on: July 09, 2014, 01:37:08 PM »
I saw that, but don't most people do their shopping before Friday ? Most papers come out Wednesday.
Binah - Sunday night
Mishpacha/Ami/BP - Wednesday
VOL - Thursday
Shopper - Thursday/erev Shabbos/Shabbos (depending on hand delivery/USPS and depending on neighborhood)

Offline Mimi K.

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Re: Kol Koreh against MS
« Reply #304 on: July 09, 2014, 01:52:22 PM »
Not being sarcastic, but unless you have dayanus then why are you sharing what you think about halacha?
Ask your Rov and feel free to share, but in these inyonim most people's 2 cents aren't worth more than 2 cents.
+2
"Life, Liberty and the Pursuit of Free Stuff!" 8)

Offline etech0

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Re: Kol Koreh against MS
« Reply #305 on: July 09, 2014, 01:53:33 PM »
Not being sarcastic, but unless you have dayanus then why are you sharing what you think about halacha?
Ask your Rov and feel free to share, but in these inyonim most people's 2 cents aren't worth more than 2 cents.
Nobody thinks someone else's 2 cents is worth that much. That's why the offer is "a penny for your thoughts"...
Workflowy. You won't know what you're missing until you try it.

Offline Mimi K.

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Re: Kol Koreh against MS
« Reply #306 on: July 09, 2014, 01:56:31 PM »
I don't think anyone is saying that any MS is assur. It's a question of yashrus.  RK said that refundables aren't yashur but GCs seem to be perfectly fine. And that companies opening cards without the people ever getting the cards is wrong.
But feel free to ask a LOR about any of this instead of a manipulated KK.

Why would DL lose money on processing fees? They get back the fees when the return is done.
Why does it matter if they make or lose money.
It is either Geneiva or not.
Those two things are not mutually exclusive.
If you go to staples and buy FAR items they lose money, Yet they send me email after email asking me to do just that.
It is my favorite store. I spend a few thousand dollars a year.
"Life, Liberty and the Pursuit of Free Stuff!" 8)

Offline ybeeds

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Re: Kol Koreh against MS
« Reply #307 on: July 09, 2014, 01:58:59 PM »
Why does it matter if they make or lose money.
It is either Geneiva or not.
Those two things are not mutually exclusive.
If you go to staples and buy FAR items they lose money, Yet they send me email after email asking me to do just that.
It is my favorite store. I spend a few thousand dollars a year.
Or a few hundred thousand a year for others...  ;) (over 300k in 2013)
My office buzzes to the JewishMusicStream!!!

Offline Mimi K.

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Re: Kol Koreh against MS
« Reply #308 on: July 09, 2014, 02:02:19 PM »
Or a few hundred thousand a year for others...  ;) (over 300k in 2013)
in FARs?!?!?  :o :o
Nice!  8) 8)
"Life, Liberty and the Pursuit of Free Stuff!" 8)

Offline ybeeds

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Re: Kol Koreh against MS
« Reply #309 on: July 09, 2014, 02:04:29 PM »
in FARs?!?!?  :o :o
Nice!  8) 8)
Not all in FAR, but lots of it...
My office buzzes to the JewishMusicStream!!!

Offline churnbabychurn

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Re: Kol Koreh against MS
« Reply #310 on: July 09, 2014, 02:14:31 PM »
And lots of GC's!  :D

Offline Saver2000

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Re: Kol Koreh against MS
« Reply #311 on: July 09, 2014, 02:14:41 PM »
Why does it matter if they make or lose money.
It is either Geneiva or not.
Those two things are not mutually exclusive.
If you go to staples and buy FAR items they lose money, Yet they send me email after email asking me to do just that.
It is my favorite store. I spend a few thousand dollars a year.
Huh? Someone said DL loses processing fees. So he responded that they  don't.

Offline Saver2000

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Re: Kol Koreh against MS
« Reply #312 on: July 09, 2014, 02:16:02 PM »
Or a few hundred thousand a year for others...  ;) (over 300k in 2013)
You missed the boat. He's differentiating rebates from other MS.

And then you post how you bought gc's  ::)

Offline Dan

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Re: Kol Koreh against MS
« Reply #313 on: July 09, 2014, 02:28:24 PM »
In this case there is a cost to the credit card company because they are giving you a credit for something that wasnt purchased in reality so it may border on geneiva.
The credit card company charges $450/year knowing that they can writeoff $200 of that while still making a handsome profit. It makes no difference to their finances whether or not you actually sit in that E+ seat.

Regardless I'm not a posek, so go ahead and ask your own.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline YOSEF

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Re: Kol Koreh against MS
« Reply #314 on: July 09, 2014, 02:28:51 PM »
Why would DL lose money on processing fees? They get back the fees when the return is done.
I don't believe that's true.

I believe they still pay fees (maybe even twice-purchase and return).

Offline Dan

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Re: Kol Koreh against MS
« Reply #315 on: July 09, 2014, 02:29:10 PM »
I don't believe that's true.

I believe they still pay fees (maybe even twice-purchase and return).
And you'd be wrong.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline HowYaDoin

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Re: Kol Koreh against MS
« Reply #316 on: July 09, 2014, 02:31:03 PM »
And you'd be wrong.
try arguing with that :)

Offline YOSEF

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Re: Kol Koreh against MS
« Reply #317 on: July 09, 2014, 02:37:18 PM »
And you'd be wrong.
Actually, I think I'm right, and you're wrong.
try arguing with that :)
And I am arguing with that:
http://www.practicalecommerce.com/articles/4107-Beware-Credit-Card-Processing-Fees-Especially-Refunds
Quote
"Some providers return the refunded interchange to the merchant and only charge a small fee to route the refund. Some providers keep the interchange and charge a transaction fee. And some not only keep the interchange but also charge the merchant an additional processing fee and transaction fee on the refund. The difference in these three ways of handling refunds can have a large impact on your cost. Say you had $10,000 in credit card refunds and each refund was for $100. The first refund method shouldn’t cost you more than $20. The second method would cost you around $250. The third method would cost you around $500. This cost is even more significant when you consider that you made $0 in actual sales."
http://quickbooks.intuit.com/credit-card-processing-for-small-business/
Quote
"After a refund, you’ll often lose the interchange fee from the original transaction as well as the sale." (Discussing chargeback, but mentions refund)

Offline mow

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Re: Kol Koreh against MS
« Reply #318 on: July 09, 2014, 02:37:59 PM »
And you'd be wrong.
how do u know that
source?

Offline Saver2000

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Re: Kol Koreh against MS
« Reply #319 on: July 09, 2014, 02:38:38 PM »
I saw that, but don't most people do their shopping before Friday ? Most papers come out Wednesday.
???