Why would B&H promote this??

Started 2 months ago | Discussions thread
Marty4650
Marty4650 Forum Pro • Posts: 15,386
Re: Seems pretty simple to me
4

Dennis, you are absolutely right.

People who shop for the lowest credit card interest rates are the people who plan to pay in installments. The people who plan to pay it off in one lump sum don't care what the interest rate is. They use a card for safety and convenience, and not due to a lower interest rate.

Many of us would gladly get a card with a 40% interest rate if they offered a 5% cash back bonus. Because we know that we will never pay ANY interest at all.

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