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Reply #8: Yes they still profit...see my post above. [View All]

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Coventina Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-09-05 09:18 AM
Response to Reply #6
8. Yes they still profit...see my post above.
I'm not saying you should stop what you're doing, I do it myself.

But you should be aware that they still do profit from your purchases.
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  -I say we cancel all our credit cards! Maybe then they won't be able to buy joeybee12  Mar-09-05 08:59 AM   #0 
  - DO IT DO IT DO IT  fertilizeonarbusto   Mar-09-05 09:03 AM   #1 
  - Whoa, flashback-inducing reference there!  htuttle   Mar-09-05 09:12 AM   #3 
  - I have one credit card and plan on keeping it.  Squatch   Mar-09-05 09:08 AM   #2 
  - Even better, use your credit card all you want but pay it off every  GardeningGal   Mar-09-05 09:12 AM   #4 
  - The CC companies still make a profit  Coventina   Mar-09-05 09:14 AM   #7 
     - Good point. I use one CC to acquire miles...  Zenlitened   Mar-09-05 09:32 AM   #14 
     - Get a credit card from a credit union or Working Assets  iconoclastNYC   Mar-09-05 10:13 AM   #19 
  - I use my credit card for everything  nedlogg   Mar-09-05 09:13 AM   #5 
  - I pay it off every month also, but Bank of America socks me for...  PaulHo   Mar-09-05 09:19 AM   #10 
  - Yeah...that sounds like a rip-off....  joeybee12   Mar-09-05 09:24 AM   #11 
  - Yes, you are being ripped off  missb   Mar-09-05 10:14 AM   #22 
  - Plus you get earn interest on the money you  iconoclastNYC   Mar-09-05 10:14 AM   #20 
     - I paid off my DISCOVER card yesterday  iconoclastNYC   Mar-09-05 10:15 AM   #23 
  - I pay my balances at the end of the month.  minerva50   Mar-09-05 09:14 AM   #6 
  - Yes they still profit...see my post above.  Coventina   Mar-09-05 09:18 AM   #8 
     - Yes! You probably need one--but only use it for things you have to...  joeybee12   Mar-09-05 09:26 AM   #12 
  - I started paying off my entire bill...  Atman   Mar-09-05 09:18 AM   #9 
  - I just got rid of my MBNA one.  SmokingJacket   Mar-09-05 09:27 AM   #13 
  - They still make a percentage off each sale  Norquist Nemesis   Mar-09-05 09:33 AM   #15 
  - I canceled my Citibank Visa yesterday.  DemoTex   Mar-09-05 09:34 AM   #16 
  - joeybee12, what have you heard about airline miles becoming  blue4barb   Mar-09-05 09:38 AM   #17 
  - Done! Three years ago  Trailrider1951   Mar-09-05 10:10 AM   #18 
  - I don't have any  sparosnare   Mar-09-05 10:14 AM   #21 
  - Very difficult to do without one in modern society.  Silverhair   Mar-09-05 10:39 AM   #24 
     - Use a debit card instead -  sparosnare   Mar-09-05 11:10 AM   #25 
        - I use a debit card in "real life"  aePrime   Mar-09-05 11:28 AM   #26 
        - Thanks for explaining that -  sparosnare   Mar-09-05 11:40 AM   #27 
        - I don't like debit cards.  Silverhair   Mar-09-05 01:13 PM   #28 

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