The 4 red flags of the Tranzact card (why I am saying NO to the Tranzact card…)
SeedTime with Bob and Linda Lotich · Bob Lotich, Certified Educator in Personal Finance
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Show Notes
I have been getting emails from a bunch of readers asking what I think about the Tranzact rewards debit card. If you haven't heard, basically it is a debit card that provides "Z-Bucks" that can be used to buy everyday items.
In theory I love what Tranzact is doing, but in reality I will be really surprised if this is still around in a year…
I have some friends who are using it and who are excited about it, but I always do my own due diligence and go with my intuition and I am not feeling good about it.
These are the red flags and the reasons I am passing on Tranzact (and make sure you listen til the last one, because it is the nail in the coffin for me.)…
🎯Resources Mentioned:
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Tranzact Rewards Debit Card: An overview of the card, its features, and the claims made by the company - https://tranzactcard.com/
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Our Courses: here at SeedTime - https://seedtime.com/courses/
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Temu: online marketplace - https://temu.to/m/uzjjld5k7io
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Richard Smith charged with securities fraud in 2010 - http://www.kleinutah.com/wp-content/uploads/2009/11/Criminal-ProbCauseAff-Aug13101.pdf
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