Old Jul 12, 19, 10:02 am
Join Date: Jul 2014
Location: Western US
Programs: Costco Executive Member, Amazon Optimus Prime
Posts: 1,157
Originally Posted by sullim4 View Post
If that's the case, they should just require a banking relationship up front rather than allow you to apply for the card as a standalone product. I don't foresee needing to use any of their other services - aside from credit cards, we do our banking with Alliant Credit Union and our investment account is with Fidelity. Alliant has much better deposit accounts.

That said, I anticipate moving most of our spend over to this card, particularly that which falls under the bonus categories.
They might be doing this in a soft way, or they have concerns around Anti Tying Bank laws.

I don't profess to understand them, but there are some laws which limit how banks can force people to use their products.

If one is operating with a bank charter, that comes with the territory.

Specialty Finance Co's don't have those rules, but normally, retail banks wouldn't interact with them.
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