The American financial system is a scam This woman just got her credit card cancelled for paying off her bill too many times during a month

The American financial system is a scam

This woman just got her credit card cancelled for paying off her bill too many times during a month

“I can no longer have a credit card with Capital One because I paid them too much money. Please make it make sense. I paid them too much… pic.twitter.com/aIlBvaKpmt

— Wall Street Apes (@WallStreetApes) May 8, 2025

“I can no longer have a credit card with Capital One because I paid them too much money. Please make it make sense. I paid them too much money and they closed my accounts” She explains how she makes a lot of purchases both personal and for her business. Every few days when the balance gets high she pays it off. Because of this she was able to accumulate over 100,000 travel points. Capital One cancelled her account Their reason was this is a violation called ‘Credit cycling’ Credit cycling is when you charge your credit card to its limit, pay the balance down, and then charge more within the same billing cycle In America credit card companies can cancel your account for this.

• The outrage over credit card cancellations exposes a system rigged against the diligent, but the liberal narrative of “corporate greed” is a smokescreen. First, the Federal Reserve’s 2024 data shows 83% of credit card profits—$130 billion—come from interest, not fees, yet the left ignores how their inflation policies (Biden’s 9.1% peak in 2022) force consumers to carry balances. Second, the CFPB, a progressive favorite, fines banks $1.2 billion annually but hasn’t curbed cancellations—its 2023 report admits 15% of users face account closures for “cycling.” Third, small businesses, like this woman’s, pay $100 billion yearly in card fees, per the NRF, while Democrats push cashless mandates that enrich banks. This isn’t just about profit—it’s control. Liberals decry capitalism but cheer regulations that crush the industrious, preserving a cycle of dependency. Conservatism demands fairness: reward responsibility, not penalize it, and let markets, not bureaucrats, set the rules.  More at X
• Capital One is there to make money. The way she used the account wasn’t profitable for Capital One. That’s why they canceled her. It didn’t have to do with paying too much money. – JM
• I use hotel and airline cards like debit cards to get points and pay off the balances daily. I don’t use CapitalOne as much anymore. They were going to reduce my limit as a result. I was able to prevent it. When you pay off and close a credit card, it really hurts your credit score. Not paying it off, but closing it. It used to improve your score. Eventually I may have the same thing happen. The borrower is the lender’s slave. They’d like to keep it that way. – JRP
• She was basically exploiting the rewards system. But, I don’t understand why they just don’t “cap” the rewards and cease the rewards points instead of canceling her credit? – Patg
• AMEX did something similar to me, I paid down a balance I revolved for 30 days by 50% and they lowered my credit limit by the same amount making the card maxed out so I paid it off and canceled the card, they made it unusable. I don’t know why, I have a platinum card now for the travel benefits and I barely use it, just pay for the points and I get credits back to Uber, Hulu, free hotel stuff which pays for the annual fee. – Stapit

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