American DreamCard Announces Sweepstakes Payouts of Over $500,000
American
DreamCard Announces Sweepstakes Payouts of Over $500,000
Unlike cash back credit cards that give small rebates on every
card purchase, the American DreamCard MasterCard offers very
big rebates–but only if you’re lucky enough to win its sweepstakes.
Launched in 2004, the American DreamCard offers a monthly sweepstakes
among its cardholders that pays out at least $25,000. The total
payout to American DreamCard customers now exceeds $500,000.
Of course, the number of winners is small compared to the total
of card carriers, but the promise of a big payoff obviously
entices some who could choose a guaranteed cash rebate elsewhere.
American
DreamCard cardholders receive one entry for every $1 spent with
the card, up to 1,000 entries per purchase. New applicants also
receive 1,000 sweepstakes entries. A monthly jackpot of $25,000
(which may grow depending on the amount of money spent by all
cardholders) is then given out based on drawings held in the
middle of each month.
The
American DreamCard is issued by HSBC Bank.
