Originally Posted by
AMRivlin
Also their cheesy in branch sales tactics are helping now but will suffer in 12 months when everyone closes their card.
I personally was told by staff on 3 occasions to open a card and cancel after my first year to avoid any fees.
Originally Posted by
1Newflyer
OK, you and I may close our accounts, masses at large do not as the debt per person in Canada is increasing. Somebody is keeping the cards.
Agree, we are niche cardholders. The majority will keep the cards I'm sure.
I can't believe cc holders carry a balance on these high interest cards. Sort of like payday loans.. can't get out of it when knee high in debt.