Credit Card Industry Aims to Profit From Sterling Payers
Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and penalties on those late with their payments, the best customers racked up cash-back rewards, frequent-flier miles and other perks in recent years. Full Story »
Posted by Kaizar Campwala
Okay,increased by $ a billion a year, and they made $20 billion last year (or is it this) by clobbering customers, and really feel that this is justified. So they have to figure out ways to keep it up. What's wrong with this picture???