Maybe in your situation the bank tellers are instructed to waive the fees and give people the credit card because they expect to make their money back and more in the future when that person gets stuck with credit card debt?

I went in to the branch to dispute it and he was like "yah just sign up for this cc that will provide overdraft protect and and Ill wave the 75$ in fees."
This sounds like a guy who is just following procedure, not a guy who's trying to you a favor. Think about it...

Quote Originally Posted by Jishu
Doing this slowly improves your credit rating, so that in 10 years (or something) when you go to apply for a big loan or mortgage, you will be offered better rates.
Is this true? Maybe I should do it. My credit rating got trashed a couple of months ago by some asshole who stole my card and spent 8K at CompUSA and Sports Authority. I think I know who did it but it sucks that I can't do anything about it. At least they didn't charge me the 8K.