Credit card company rejects customers with too-good credit scores

Re:Credit card company rejects customers with too-good credi... by cynicalkane on Friday June 25, 2010 @05:03PM (#1462145)

Sounds like a rude customer service rep, not necessarily corporate policy. From all I've heard (including the OP article), most banks strongly prefer credit-worthy customers, because it's easier money. Amex, for example, makes 70% of its money off merchant fees.

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Re:Credit card company rejects customers with too-good credi... by camiller on Friday June 25, 2010 @05:46PM (#1462288)

Not all Cardholder issuing banks are also Merchant issuing banks. And when they are often times the Card issuing side is a separate division/department and their bonuses, etc. are based on their division's/department's profitability.

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Re:Credit card company rejects customers with too-good credi... by nerfhammer on Friday June 25, 2010 @05:21PM (#1462222)

I agree, I've never had a problem getting charges like this removed if you just call and ask.

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