Card Rewards | Users Divided Over Upgrade Options
Edited By
Samantha Lee
A growing number of cardholders are expressing confusion over the new upgrade prompts in their apps. Many Ruby cardholders, who enjoy 1% cashback, are questioning whether they need to stake an additional £400 to access higher rewards amid concerns of decreasing cryptocurrency values.
Understanding the Upgrade: What’s Really Happening?
Current Ruby cardholders can choose to stick with 1% cashback or upgrade for 2% rewards. However, the requirements seem to vary based on individual circumstances.
Key Questions Raised by Users
What does the upgrade really entail? Some comments indicate that users must lock in an additional stake for 12 months to qualify for the higher cashback.
Is the 2% worth it? Concerns arise about the value of the cryptocurrency, making many feel that locking away funds might not be the best move.
Are they being pushed into a larger investment? Comments suggest that the quotes point to a feeling that the upgrade is a ploy to get users to invest more money.
"Your upgrade option for the same tier won’t be £400; it will be the difference"
Community member on staking costs
Community member on staking costs
User Reactions Are Mixed
"Now is 2% of what will be nothing soon"
"They basically made you lock up tons of cash"
"Original Ruby valued swapped in January"
Sentiment ranges from skepticism to indignation. Users are wary about locking funds that might decrease in value, questioning whether the proposed 2% is truly an upgrade.
Takeaways from Community Discussions
✋ Users feel pressured to invest more just to maintain current cashback benefits.
🔍 Confusion abounds over what the actual benefits of upgrades are.
📉 "Real scam," many argue, reflecting a strong sense of disillusionment.
With the current economic climate affecting crypto values, many are left pondering if upgrading is a sound decision or just another way to squeeze more funds from reluctant customers.