maybe. i used my credit card to purchase almost everything when i built my house (lotsa airmiles). the balance was paid off each month with draws from my construction loan from the bank. you think they didn't like having 3-5% of mumblty-thousands of dollars?
Believe it or not you're a "deadbeat." They want more than just the fee.
"But other consumers, like actor and author Ben Stein, use plastic purely for convenience. While it would appear that Stein -- who says he charges a small fortune every month on his credit cards -- is the ideal customer, in reality, he is what some in the industry call a "deadbeat." That's because he pays his balance in full every month."
Full article.
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used to be a deadbeat too until the layoff in 2001. Things are better now and I hope to be a deadbeat again in a few months. ;-)
This is complete BS. Credit card companies make money every time you use that card regardless of how quickly you pay it off. I use my credit cards for just about everything and zero balance them every month for the past 20 years and I still get flooded with new applications and phone calls for new ones to this day. Not exactly what would happen to a non-welcome customer.
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