No. of Recommendations: 2
Could it be that Citi created this system in an attempt to push away responsible card members who charge a lot ($30,000+ a year) but pay it off at all times (in my mind it seems reasonable that someone looking at cards thinking $300 reward [$30,000 a year spending] limit will prevent them from cashing in all their spending are probably the upper middle class to rich types who can just pay off their card every month). Those members will look for other cards that offer better rewards for their excessive spending.

I think I understand what you are saying, but the way it is phrased is confusing. Everyone should not charge what they can't afford to pay.

It isn't unusual for regular expenses (insurance, utilities, food) to be charged. If only one card is being used, it doesn't take being upper middle class to reach the limit. Also, those that travel for business often have to use their own card and file for reimbusement.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.