|
I worked for CapOne years ago - and you already answered your own question.
Most CC companies don't like it when you pay off the monthly balance in full since they can't soak you for the interest. Simple as that.
Sounds rather fucked up...penalizing someone (by denying a limit increase) for paying it all back on time. But that's the basic principle that drives the industry.
CC companies reward cardholders that carry a large balance from month to month and only make the minimum payments.
|