Why would B&H promote this??

Started 2 months ago | Discussions thread
LoneTree1 Contributing Member • Posts: 922
Re: Why would B&H promote this??

Black Elk wrote:

CMCM wrote:

From the credit card company's point of view (Synchrony Bank), they know that 38-40% of people carry a balance, so they'll make it back in interest fees that are much higher than the tax amount. B&H is huge, so no telling what kind of deal they struck with Synchrony.

Yup. Henry can spin this anyway he wants but the bottom line is that B&H is gonna make money off of this. I have no problem with a business making money......it is how they do it. Both will come out ahead. Caveat emptor. Looks like I will be going elsewhere for my camera gear.

Camera sales are toilet-bound.  They need alternate revenue streams.  Exploiting the least valuable customers is a last-ditch kind of thing.

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