Hitting minimum spend on CC

DelinquentXX

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Not everything is a "loophole."

It's safe to assume that credit card issuers are delighted if you spend more on their cards than you otherwise would, preferably with some cardholders reliably paying high interest and late fees. (Defaults they generally don't like.) Their business interests are pretty clear. Accelerating (bringing forward) some planned spending isn't too bad either. That still puts merchant transaction fees in the card issuers' pockets sooner rather than later, and (even if the bill is paid on time), it pulls funds out of bank accounts that they don't have to pay even meagre interest on. (And banks in Singapore really aren't suffering for lack of deposits.)

The banks are going to get upset really only when incentivized card spending is really not spending but rather for trading into cash and cash equivalents.

Anyway, they know how the game is played as well as anyone does. I wouldn't get paranoid about it. If you're able to play the game (within the rules -- no breaking the law, please) better than your bank expected, congratulations and enjoy. However, probably your bank expected it. You see, a part of the game is making you think you got a "secret," "special" deal. If that's what you want to think, no problem.
And when they decided to counter your actions, we need to counter-counter by just closing the card.

Concerted effort pls
 

pcmdan

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Hey I landed on hardwarezone after some google searches. Unfortunately I don’t use hardwarezone much so I can’t PM you. Wanna trade tips in private?
Sure.....

I love trading with like minded people
 
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