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Viewing 15 posts - 31 through 45 (of 121 total)
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  • March 17, 2009 at 3:37 PM #368818
    as
    Participant

    Well, Flu, I didn’t read your link before i sent out my comment.

    March 17, 2009 at 4:20 PM #368226
    afx114
    Participant

    I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.

    March 17, 2009 at 4:20 PM #368512
    afx114
    Participant

    I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.

    March 17, 2009 at 4:20 PM #368680
    afx114
    Participant

    I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.

    March 17, 2009 at 4:20 PM #368718
    afx114
    Participant

    I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.

    March 17, 2009 at 4:20 PM #368833
    afx114
    Participant

    I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.

    March 17, 2009 at 4:31 PM #368246
    UCGal
    Participant

    [quote=afx114]I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.[/quote]
    I agree they aren’t getting the interest from people like you and me, who pay in full each month. But they still get the percent they charge the merchant.

    It’s not as profitable to have customers that don’t carry a balance, but if those customers use the cards, they still make money… and there’s less risk.

    March 17, 2009 at 4:31 PM #368532
    UCGal
    Participant

    [quote=afx114]I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.[/quote]
    I agree they aren’t getting the interest from people like you and me, who pay in full each month. But they still get the percent they charge the merchant.

    It’s not as profitable to have customers that don’t carry a balance, but if those customers use the cards, they still make money… and there’s less risk.

    March 17, 2009 at 4:31 PM #368700
    UCGal
    Participant

    [quote=afx114]I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.[/quote]
    I agree they aren’t getting the interest from people like you and me, who pay in full each month. But they still get the percent they charge the merchant.

    It’s not as profitable to have customers that don’t carry a balance, but if those customers use the cards, they still make money… and there’s less risk.

    March 17, 2009 at 4:31 PM #368738
    UCGal
    Participant

    [quote=afx114]I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.[/quote]
    I agree they aren’t getting the interest from people like you and me, who pay in full each month. But they still get the percent they charge the merchant.

    It’s not as profitable to have customers that don’t carry a balance, but if those customers use the cards, they still make money… and there’s less risk.

    March 17, 2009 at 4:31 PM #368853
    UCGal
    Participant

    [quote=afx114]I use my card frequently but pay it off every month and never carry a balance, so the company makes no money from me. When it comes to credit card companies, the best customers are the worst customers to their bottom line.[/quote]
    I agree they aren’t getting the interest from people like you and me, who pay in full each month. But they still get the percent they charge the merchant.

    It’s not as profitable to have customers that don’t carry a balance, but if those customers use the cards, they still make money… and there’s less risk.

    March 17, 2009 at 4:36 PM #368251
    nostradamus
    Participant

    All credit card co’s charge the vendor a percentage of sales. Even for people who pay off the balance, they ARE making money. You’re just not paying it, the places you shop are. Amex charges the most (which is why some places don’t like to accept it). I like Amex because they’ve always backed me up in disputes with vendors, and they went after some people who tried to defraud me.

    March 17, 2009 at 4:36 PM #368537
    nostradamus
    Participant

    All credit card co’s charge the vendor a percentage of sales. Even for people who pay off the balance, they ARE making money. You’re just not paying it, the places you shop are. Amex charges the most (which is why some places don’t like to accept it). I like Amex because they’ve always backed me up in disputes with vendors, and they went after some people who tried to defraud me.

    March 17, 2009 at 4:36 PM #368705
    nostradamus
    Participant

    All credit card co’s charge the vendor a percentage of sales. Even for people who pay off the balance, they ARE making money. You’re just not paying it, the places you shop are. Amex charges the most (which is why some places don’t like to accept it). I like Amex because they’ve always backed me up in disputes with vendors, and they went after some people who tried to defraud me.

    March 17, 2009 at 4:36 PM #368743
    nostradamus
    Participant

    All credit card co’s charge the vendor a percentage of sales. Even for people who pay off the balance, they ARE making money. You’re just not paying it, the places you shop are. Amex charges the most (which is why some places don’t like to accept it). I like Amex because they’ve always backed me up in disputes with vendors, and they went after some people who tried to defraud me.

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