LogFAQs > #900349172

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Topic	Are millenials who use debit over credit cards low information consumers?
chill02 04/26/18 3:45:30 PM #103:	kg88222 posted... What you are talking about are finance charges. They will charge you a finance charge if you carry a balance. The apr accrues differently for each card. Solution: pay off your balance every month Why would the bank want to keep me as a customer if they're not making money off me? Simple, merchants eat the cost of accepting credit card transactions. --- Ave, true to Caesar. <cite>chill02 posted [p:900349172] in Are millen... [t:76554147]...</cite> <quote><cite>kg88222 posted...</cite> <quote>What you are talking about are finance charges. They will charge you a finance charge if you carry a balance. The apr accrues differently for each card.</quote> Solution: pay off your balance every month Why would the bank want to keep me as a customer if they're not making money off me? Simple, merchants eat the cost of accepting credit card transactions. --- Ave, true to Caesar.</quote> ... Copied to Clipboard!
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