Paying a Credit Card in Full Every Month

Author: JaneiR36
Posted: Tue Oct 25, 2005 2:40 am
Post subject: Is there any benefit to CC companies...

...if you use their card but pay in full every month?

I was just thinking.... since I got so much info on Capital One now I use them a lot for regular purchases but now mainly to pay off other creditors since their payments post so quickly and they have those no fee purchase checks. I was just wondering if being on your map, so to speak has any benefit to the creditor? Is the fact that I'm using their account enough, or are they going to get mad just like some of my other creditors that they're not making money off of me? I'm not worried that they'll start doing that, or anything, just curious

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Author: Board Monitor
Posted: Tue Oct 25, 2005 8:12 am
Post subject:

Interesting question. Are you saying that you're only using Cap One for 0% balance transfer offers?
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Curtis Arnold
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CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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Author: JaneiR36
Posted: Tue Oct 25, 2005 9:25 am
Post subject: Paying a Credit Card in Full Every Month

Actually I don't have any 0% offers with them. But I use them for regular purchases @ 8.90% APR, and their purchase checks really come in handy, too. The whole thing gives me anywhere from 25 to 60 days to pay up once I make a charge. Just wondering, 'cos I use their money a lot to move balances from one company to the other. They probably feel a little used... haha.