You’ve got it exactly backwards.
In the credit card industry, the responsible people who pay off their balance IN FULL every month ahead of the due date are known as “deadbeats.”
Yes, really.
The credit card companies make huge money from the people who:
a) pay the minimum payment every month,
b) and carry a substantial balance,
c) have only one or two late payments a year, which jacks up the APR on their cards and adds late penalties to the account.
The card companies positively HATE people who either have a no-fee card and don’t use it often, or who do use it and pay it off every month. The only money they make on such cardholders is about 3% transaction fees on every transaction.
Well then they must hate me (although I have not been asked to leave), I have 3 Amex cards, pay all in full every month, usually a day or two after the charge was made.. have had them for years, no buy out offer here.