Re:Credit card company rejects customers with too-good credi...
by ars on Friday June 25, 2010 @07:29PM
(#1462581)
They do yes. Between 0.5% and 3%.
It costs them some money to process an account though, send bills, handle payments etc. If someone is charging reasonably frequently then they are still profitable.
It costs them some money to process an account though, send bills, handle payments etc. If someone is charging reasonably frequently then they are still profitable.