You are. Well, maybe not YOU per se, buy the general “you” out there.
The world’s second largest credit card firm made a profit of $214.9m in the first three months of 2007.
Now might be a good time to re-evaluate your spending patterns, making sure you have the lowest interest rate humanly possible, you pay your bill in full each month, and you are using a reward card that makes them pay YOU to use their card. Seriously…$214 million in profit in 3 months, most of it coming from people that A. carry high balances and B. use their card overseas. Which, by the way, I think is crap.
Do you really want to give them even higher profits next quarter? I didn’t think so…