Originally Posted by
Eujeanie
Why would you have 7 AU's? Are these people unable to get their own cards due to bad credit? Wouldn't that be a bit cautionary to you? Otherwise why would they not want to earn their own points/cash back on their own cards and instead let you reap the benefits of their spend?
Fair question. Simple answer: wealthy family members and close friends who wanted the benefits of the card (it used to have better benefits, the US Airways status used to get me upgraded 90% of the time). Once you have it, it's easy to feel trapped and feel like you don't want to waste the initiation fee (sunk-cost fallacy).