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Old Oct 8, 2002 | 4:01 pm
  #11  
fastflyer
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Banks may consider many balance-carrying CC customers as "good" customers, but they likely also consider high-spenders who pay their bills in full every months "good" customers.

The issuing banks earn money -- in some cases 3% -- of every transaction. If I spend $10K/monthly and pay it off in full, the bank still earns something over $3000 per year on my account. And the risk of a defaulted creditee is not there in my case for the bank.
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