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Old Aug 3, 19, 8:14 am
Join Date: Dec 2017
Posts: 292
Originally Posted by Lobachevsky View Post
This argument makes no sense. If the bank loses on $100,000 in purchases with a 2% card in a month, doesn't it also lose on a $20,000 purchase with a 2% card in a month? The swipe fees are the same for spending $20,000 over 5 months as for spending $100,000 in 1 month.
This isn't subject to debate. Cycling a CL is a huge risk factor for banks and can easily lead to shutdowns. It increases risk to the bank (because credited payments can be returned) and is associated with fraudulent activity.
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