Originally Posted by
Dr Jabadski
Unbelievable, Citi is essentially saying “we don’t want the business of a high net worth, potentially highly profitable, outstanding credit history customer” (who’s generating lots of profits for our competitors).
Their loss.
I’m not intending to pick a fight but am genuinely curious—do you know the latter part to be true? I’m asking because I’ve seen you post on other parts of FT about your (remarkable) success in churning cards for SUBS. Might a particular bank not view that as a less-than-profitable endeavor?