Why would someone assume they are important because they have a special card that costs them $700 a year?
Ok, so this is all about status for you.
Correct. People think their "exclusive" card gives them status. It's bizarre.
Originally Posted by mjbgalt
I assume- and am right- that most people do carry a balance and most people do pay interest on cards. If they didn't there would be no credit card industry.
I am not going to keep arguing about dumb schit that you guys think is getting you street cred. Do what you want.