FlyerTalk Forums - View Single Post - Two different offers for converting BoA Visa cards to Barclays
Old May 21, 2009 | 7:38 am
  #9  
nawlinsdoc
 
Join Date: May 2002
Location: PHL USA; US Pref
Posts: 664
Originally Posted by BostonMark
IOne thing to keep in mind: paying your balance in full every month is NOT profitable for them... and in the end your potential value to them will drive how much they're willing to spend (ie, how many miles to buy for you) in order to keep you...
I would argue that everyone is profitable to them, since they charge businesses high fees for usage of their cards. Maybe not AS profitable because of the lack of finance charges, etc, but still somewhat profitable.
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