Originally Posted by
RedSun
You can go into the details if you like. I'm sure Costco is not paying more than 2% swipe fees to Citi.
It is known that Citi DC gets probably most of the shut-downs. Do not think Citi would be prepared to payout $2,000 in this case. This is not what this intended for (credit cycling). It poses risks to the bank.
I was just trying to say it is not really a $2000 loss (maybe a loss, but much less than $2000). I wasn't disagreeing with anything else you were saying or suggesting. I absolutely agree that cycling your credit limit can lead to shutdowns, especially with Citibank.