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Thread: Late Fee Waiver/Courtesy Credit
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Old Jun 2, 2009 | 4:48 pm
  #3  
dgmess01
15 Years on Site
 
Join Date: Oct 2006
Posts: 15
Originally Posted by Redhead
How often do you use the card? If it is a low usage card for you, and you rarely carry a balance, I'm not surprised that they offered to close the card for you. Banks are trying to lower the outstanding unused credit they have issued, you were a good candidate
Although I rarely carry a balance, I wouldn't say it is an inactive card. In 2008 I spent ~$8k on the card and so far this year I've spent ~$15k. I know those aren't huge, but they're probably making the card profitable for them on merchant fees alone, right?
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