they make maybe 1%, there are a lot of middlemen in a credit card transaction.
1% of $2,000 is $20. It costs more than that to have you as a customer. Even if their profit is 3%, thats only $60. Add in those points and you are costing them money.
Again why would they want you as a customer?
You'd have to ask them then, if you don't accept that.You say that they, at most make $20 per month off my transactions and it costs more than that to keep me as a customer. That $20 per month translates to $240 per year for decades.