<CORSA Chapters> CORSA value and possible income

[Scott Morehead]

Hi Dave,

I also thought this is/was a great idea as so many other organizations do this - the corp would also get a kickback (with some credit card companies) based on their membership numbers / spending. The idea got poo pooed - you can ask Tim the reasons - if needed - I imagine I can locate the emails for reference.

PS:  I still think it would be great - Sorry - I do not have the time to research the credit card companies for the best deals at this time.

I also went one step further and recommended CORSA use a credit card to purchase everything from the mgt team to other expenses and capitalize on the points system, the mgt team complained or rather said they were not set up for credit card transactions and that they would pass that cost back to corsa - still can you imagine the points and the options available for promos to the membership and convention.  

Some board members were not in agreement with the suggestion or did not have the experience with the points system.  I use them daily - hotels, gifts, transportation etc, with CORSA annual expenses - I would say they could generate income from the points system alone in a properly managed account with foresight.

Have you heard any responses from your comment to date from the board - if so - please share them.  thanks

--- On Thu, 12/17/09, Dave Thompson <dave.thompson at verizon.net> wrote:

From: Dave Thompson <dave.thompson at verizon.net>
Subject: <CORSA Chapters> CORSA value and possible income
To: "'Chapters CORSA'" <chapters at corvair.org>
Date: Thursday, December 17, 2009, 11:50 PM

I have been a silent reader for the past few weeks. 

 

I had an idea but I do not have any of the details. This idea may or may not
be feasible. 

 

Could CORSA partner with a credit card company and offer a "CORSA Credit
Card"? It could have the CORSA logo on it and even possibly let the member
have a picture of their Corvair on it. I'll bet that we could find a card
company will have programs that will meet almost everyone's credit score.
People with "not so good" scores will have a low limit and perhaps a higher
interest rate. The people with great credit will get high limits and the
best interest rates.

 

Perhaps we could find a card company that will attach "travel rewards" or
discounts on goods and services that everyone could use, not necessarily
associated with their cars.

 

I don't know if CORSA can get a small percentage of the charges or not. I
don't know if CORSA could do it as they are a non-profit organization. These
are details for the financially inclined to find out.

 

Thanks for listening,

 

Dave Thompson

Editor Vintage Times

Member Vintage CORSA

Westminster, CA

 

 

 

_______________________________________________
Chapters mailing list
Chapters at corvair.org
http://www.vv.corvair.org/mailman/listinfo/chapters