I also clear my balance every month and have been doing so for almost 40
years. But my card issuer (and bank), the IBM credit union, makes
plenty of money off me in other ways. They know they would be
ill-advised to try diddling with the terms of that credit card.
Chuck Norcutt
Jez Cunningham wrote:
> It might up your credit rating but what the card issuer wants is someone who
> racks up interest.
> My neighbour had his 'automatic' card renewal canceled and when he
> complained that he always clears his balance they said 'exactly, we can't
> make any money out of you - bye'
> Jez
> On Wed, Nov 5, 2008 at 1:44 AM, Moose <olymoose@xxxxxxxxx> wrote:
>
>>
>> I virtually never pay cash when I can use a card, but always pay the
>> whole outstanding balance on each statement. I suppose that ups the
>> credit score?
>>
>> Moose
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