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#11
December 26th 06, 11:41 PM
posted to rec.aviation.piloting
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Email from MBNA AOPA
kontiki wrote:
Those points you earn from a credit card company is just a small 'kickback' they use as incentive to get you to buy stuff with a credit card... so they can skim 3 - 5% off the top of every sale. Yeah, but that's not where the real profits come from. The real profits are from the usurious interest rates and fees charged to those who don't pay the bill off completely each month. 
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