TheWeetodd

Now is a particularly good time to ask them to refund every penny you've ever paid for credit defense. You'll probably get it all back.

When you open a business account, they do a hard credit inquiry. You don't have to accept the credit card, but that banker probably really didn't want you to say no.

Correct, and to answer this his question, it never does turn into profit for the bank, but perceived profit = increased share price = happy shareholders and that is what the company is all about.

Not at all. The bank makes no money on a credit card that has no annual fee, and zero use. In fact they lose money, because they mail out statements, and maintain these accounts.

It is not the fee income that is attractive to shareholders, it is the cross sell numbers that show inflated "depth" of a relationship.

What are you growing in your vegetable garden this year?