Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Avon Credit Calling

Would you like a line of credit with your facial cream?

The eponymous peddlers of petal pink lipstick are getting into the rewards card game. That's right, Avon Products Inc. (NYSE: AVP  ) recently partnered with Bank One (NYSE: ONE  ) to bring us the Avon Platinum Visa -- a card that rewards cardholders and card peddlers alike.

Avon Platinum Visa holders earn points redeemable for Avon products and can get 1% back on purchases (and Avon's Anew RetroActive skin cream with their first purchase). Avon representatives, meanwhile, earn $25 for each approved account they generate.

Tapping into Avon's more than 600,000 U.S. reps and their loyal lip-glossed customers is a brilliant move for Bank One. The industry mails out more than 3 billion solicitations a year, filling trash receptacles, and recycling bins. The blizzard of mailings has brought the cost of generating a new account to as much as $150. A personal introduction from an Avon Lady is a much better model.

No matter who makes the introduction (even us Fools with our own stunning Motley Fool Visa), make sure you read the fine print and that the card offers rewards you'll actually use. According to, among the five major payment networks -- Visa, MasterCard, Discover, American Express, and Diners Club -- there are more than 30,000 different programs. For help finding the most flattering card for you, read our guidelines for finding The One -- or at least the one for right now.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 504861, ~/Articles/ArticleHandler.aspx, 10/23/2016 8:20:20 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,145.71 -16.64 -0.09%
S&P 500 2,141.16 -0.18 -0.01%
NASD 5,257.40 15.57 0.30%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/21/2016 4:01 PM
AVP $6.76 Up +0.17 +2.58%
Avon Products CAPS Rating: *