Submitted by rosetechnology t3_10axob4 in dataisbeautiful
ledow t1_j49ndoq wrote
Reply to comment by wanted_to_upvote in USA Credit Cards: Card Balances v. Interest Rate [OC] by rosetechnology
Also, that one day that you desperately need an emergency $10,000 and you can't get it out of savings quickly, or when you lose your job and your savings are depleted but you need to eat... you'll stick it on that credit card that you have with a huge credit limit.
The banks don't care about people like this guy. They don't hate him, he costs them absolutely nothing whatsoever. All he's doing is promoting continued use of credit cards, paying them money (whether he realises it or not) for a sliver of plastic and tiny, tiny, tiny portion of their computing power, and putting himself in a position where he could accidentally or deliberately turn into a "normal" customer for them at any moment.
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