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Thread: What's best way to decrease likelihood chase would cancel my accounts?
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Old May 4, 2012 | 12:44 pm
  #57  
am1996
10 Years on Site
 
Join Date: Nov 2011
Programs: Amex Platinum, Marriott Platinum, SPG Gold, Hyatt Platinum
Posts: 240
Originally Posted by TheBigHens
I think people are losing sight of customer types. Perhaps those that pay fees by carrying balances, etc. are more "profitable", but they are significantly riskier in the bank's eyes. A customer that pays off balances in full, but spends a lot, is a very UNRISKY and well liked by the bank.
Yes, except that if the same customer is collecting rewards in excess of the CC issuers' interchange fees, then the customer, while representing very low default risk, is causing CC issuers to lose money.
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