Well? Put yourself in their Shoes...
1. It cost your co. $25 yr to keep an account Open
2. You're not making any money on the account? No activity..
3. Your co. ave 1% a yr Of Account holders in the older age groups Just up and Die and their Estates are not closed out..
4. a Dozen other reasons to close the account
To keep an account open? Charge something, even a Tank of Gas every month on it and just pay it off when bill comes..
and Think of using your cards for this Reason?
> If retailers Won't give us Cash Payers a 1-3% Discount for paying them in cash and it cost the that much to accept CC's? Why give them the Extra $ by paying them in cash or Check? And How much does American Express Charge retailers to accept their card?
> Buying Products that Store won't take back? A CC is nice to use since you can Protest the Bill within 30 days and even longer with other CC's...Even if you Loose the complaint, you tied up that $ for the Retailer ..just to aggravate them back..and at least 1 oz of Flesh out of them back.. vs a Lb..
FYI> I just did a Auto repair job on my car for $1,500 And Cut a Deal to pay by Check inturn for giving me 1.5% discount vs using a Credit Card... $22 Bucks paid for a Tank of gas for me.. that week.
and do the same "Deal/Offer" Before you buy anything of value.. They're Hurting and are willing to deal..wouldn't you?
My Buddy just bought a Used car..for $20k, but they said they would take his American Express card to pay for it.. He then turned around and said he would pay by Check but He wanted a 1.5% Discount off the price or $300 Item to be added to the car...GPS......instead of using the CC..
What do you think they did?
And you Women? Being good at Womens Clothes and Shoes? at your Favorite Shops? Use your Women's ability to Circumvent or Manipulate to your advantage..and use the saving to go to Lucnh with a Friend... LOL
And I just also bougth a new 42" TV and a New Fridge.. But Got everyone's elses Prices and then went to SEARS and said to Either Match it and -10% off that price or I walk..Guess what they did? They accepted the deal..
Savings? over $300..and change.. and Got Free Delivery and set up!
and do I care if they Close their Doors next yr? Who cares, the warranties are with the Mfg. , not the store...