Quote:
Originally Posted by Discuss Thrower
I mean I know about churning but they'd already put the kibosh on those types of account holders by looking at their prior applications.
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I don't have any deep knowledge on the topic. I heard about this a month or so ago -- that banks are taking larger and larger reserves against credit card rebate obligations due to people being smarter and more efficient in "playing" the rebate game against the banks.
That's all I can tell you.
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