CarefulBuilder14 wrote:In continual amazement at MF...how can so many people with RCs and Amex Plats not have the funds to PIF??
Exactly. They shouldn't be applying for it to begin with if they cannot PIF. Of all cards to not PIF on, ones with large annual fees are the worst IMO. It cracks me up because several of the "regulars" on there with many AF cards who act like they are "high rollers" and travel all the time etc....are constantly mentioning BTs, 0% offers, etc...all those points and miles are completely useless if you are paying interest month after month. I think quite a lot of people on there are overextended and don't want to admit it. They applied for a bunch of cards that are hyped up, and now can't keep up with the debt after "meeting all their bonuses" because that was a requirement even if it meant overspending. It's sad.
The other thing I've noticed more and more lately are people applying/PCing for relatively silly reasons. For example, two people now have PC'd their QS into Venture Ones because they "want a WMC". Can they even name one time in which they used the benefits of WMC? Why would you PC to a lesser rewards card in exchange for some fringe benefits that you are 99.9% not going to use? The logic escapes me, especially when they further state that the card is SD'd so they don't care about the rewards. Ok, that may be true, but then why care about the WMC status? Marketing is a powerful thing that's for sure. Makes people forget common sense.
Of course one can and should do what makes them happy -- it's just the fact that if such a thing is that important to you, you might need to back off of MF and go find something more productive to do with your time.