FlyerTalk Forums - View Single Post - The end of the "Free Ride" for credit card holders with good credit?
Old May 19, 09, 12:04 pm
FlyerTalk Evangelist
Join Date: Jun 2008
Location: Rural TN (but WAS native)
Programs: National Executive Elite, none of the others matter
Posts: 23,816
I see a more likely outcome as minimizing charge-off risk by increasing the number of customers who require a secured card / annual fee - for those who charge and continue (will continue) to reliably pay every month, the potential loss of interchange fees wouldn't be worth upsetting the apple cart. This type of customer is the reason I received yet another mailer yesterday for 40,000 miles to open a card and make a single charge - it's in my "to be considered" stack.

Like any other business, the credit card companies will figure out ways to make money from various types of customers, even if that means going back to the previous model (which many of them shouldn't have left).
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