Reply to "good" credit card customer

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Reply to ""good" credit card customer"

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[quote=Anonymous][quote=Anonymous]I called my credit card company with a question, and at some point in the conversation the man on the other end said "You're obviously a very good customer, the kind we like to have-- you pay your balance in full every month."

I am a little confused. Since I do always pay the balance in full (and always have) I am not sure what the credit card company gets out of  having me as a customer. (I also get one percent cash back, 1.5% on that card if I put it into retirement account.) I have no annual fee.

I always thought that the ideal customer from a credit card company perspective would be the customer who pays tons of interest (and eventually pays down the balance.)

I guess it's just the percentage they charge the vendors I'm using? How much of the sale do the people I pay by credit card lose to the credit card company? 3%?[/quote]

They used to love the ones that accrued interest until people started filing for bankruptcy and then they don't get any money. 
We always pay off our balance and they are always sending us cc offers in the mail. We usually make money off the credit cards (with cash back). No way would I ever give them my hard earned $. [/quote]

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