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Originally Posted by LeatherTrumpet
you would be getting no interest charged on your debt each month
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I know it's beneficial to me but for them it's a gamble.
Quote:
Originally Posted by bitontheslide
it's quite simple really. People who have a balance on their cards earn them money. Even if they offer you a 0% interest rate for a bit, at some point they will get interest on the balance rather than their competitor.
Also, people that have a balance on cards and dont pay it off are exactly the customers that they want.
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Ah I see they think I won't pay it off.
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Originally Posted by Josy
Because credit cards are a product really and they constantly try to push that product on you, want you to use it more etc like all other companies
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Oh right. Thanks.