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#7
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Matt Barrow wrote:
Their CEO was featured in the Wall Street Journal for being a pioneer in increasing profitability by shafting cardholders. Do you have a link or do you remember when that article ran? No, it was several years ago -- back when the industry starting moving more toward screw-you fee income because the market was first getting saturated with no-annual-fee low-rate credit cards, and the credit-card-only banks started their rise. I remember because it made me think twice before signing up for the AOPA card but I was seduced by the pretty airplane picture on the card Plus I always pay them off so Ifigured the fees would never bother me, which is why every other bank waives the late fees on the rare occasion that a payument gets there a day late. |
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