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Who will become the biggest, meanest, and leanest credit card company? The competition is on!

market share marathon

With takeovers bankers are set
But Capital One's is a threat
Owning Discover
As surrogate mother
Makes Visa and Mastercard sweat

businessmoneyracelimerick

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Silent One

March 2, 2024 at 6:07 AM

Very clever... you have such a vivid mind... love that ending.. lol...

Duke Beaufort

March 2, 2024 at 7:36 AM

Silent one, you are very kind! Business is really a "civilized" form of trying to take it all away from others....competition. In theory it leads to a better result for everyone. In practice, we're not so sure....especially when special interests start influencing the outcome. Government is supposed to regulate this and give us a level playing field.

Bill Baker

February 26, 2024 at 8:20 AM

Excellent limerick on the changing times, Duke. We use one card for everything for the cashback perk. (we pay several times each month to eliminate the interest) We haven't paid interest in the 14 years we've been using Discover. I'm glad I decided to check your poetry out, I'll be following your limericks, they're great. This one gets a FAV for my list. A poet in Texas, Bill

Duke Beaufort

February 26, 2024 at 10:34 AM

Thanks Bill...I shall return the favor and look at yours too. Those of us who can pay off the balance and just collect points with no interest. Congress is trying to eliminate this perk as they feel it is unfair and actually makes those who don't pay their balance off have to pay more. Stay tuned!!

Sotto Poet

February 26, 2024 at 6:41 AM

Your limerick serves as a poignant reminder, Duke. Reverting to a cash-based approach amidst the current economic inflation may prove to be a prudent financial decision. Credit card companies meticulously analyze their customers and encourage increased spending.

Duke Beaufort

February 26, 2024 at 6:46 AM

SP, yes they love it when we carry a balance. The interest rates tend to be high. It is quite convenient though not to use cash. We consumers are in a tough place.

Vijay Pandit

February 26, 2024 at 6:41 AM

I heard about that--you captured that newsbreak brilliantly, Duke. Big gets bigger--that can be troublesome.

Duke Beaufort

February 26, 2024 at 7:28 AM

It may not go through. But we’ll have to wait and see. I’m always amazed at the deals corporations make. They love acquisitions and the money involved in some cases.

Hilda Greenhough

February 25, 2024 at 9:35 PM

Personally, I'm returning to cash. Credit cards profile their members. Your poem is a good wake up call.

Duke Beaufort

February 26, 2024 at 4:33 AM

No question there is a lot of advertising on the credit card websites to try to get us to spend. As you point out, they know where you've spent money, what types of goods you're buying and how much you spend. I'm waiting to offer cash and have the sales person say, "What's that?"

market share marathon

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