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Strategies & Market Trends : The Art of Investing
PICK 56.19-1.5%Jan 16 4:00 PM EST
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To: kidl who wrote (4744)7/10/2022 8:39:49 PM
From: Lee Lichterman III1 Recommendation

Recommended By
Sun Tzu

   of 10744
 
They just do that sometimes. I forget who it was for sure, MBNA I think, but in the 90s they did that. I borrowed the limit from my bank then used their new card to pay it off in full the next day. I put it in treasurys earning 6-1/2% for a year and then paid the card off and closed it. The idiots made me the same offer again so I did it to them again. They didn't do it a third time but they may have gone under about then too.
Like Sun said, they're just trying to balance their junk with higher credit score customers.
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