It appeals to people who don't want to worry about transferring balances. When you have a low fixed-rate card, there's no reason to be jumping around. |
It looks like someone we got a (mailing) list from had some inaccurate information. I'm sure we need to get her off the list. |
Of course, we may look at rule breakers more frequently. If people are constantly late or going over the limit, we don't want to give them that much leverage to overextend themselves. |
We don't want our good customers subsidizing our bad customers or those that are more challenged. It's not just one bad move. It's really looking at a customer's portfolio as a whole and deciding what product is right for them at the time. Each one is priced to their own risk and what's going on at the time. |