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you’re a Type A credit card user, chances are you know it whether or not you are willing to admit it. If you can answer yes to these questions, then a change is in order.
* Do you pay interest fees when you send in your credit card payment? * Have you ever paid your credit card late because you didn’t have the money for the payment? * Do you use your credit card when you don’t have enough cash? * When your issuer raises your credit limit, do you spend more because you can?
Type A credit card users are loved by the issuers. They pay interest and late fees. Between that income and the interchange fee the cards charge the merchants for each transaction, the card issuers’ plan is to get Type A credit card users to spend more.
On the other hand, Type B users, who don’t pay interest or fees, are shifted to cards with higher interchange fees. For example, Citi switched me from a Dividend Platinum MasterCard to a Dividend World MasterCard
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