the program would no longer exist. the reason the offer 10% off your entire first purchase just for signing up, is they know you will rack up a balance on the card and not pay it off.
when you pay the minimum balance on that card, you are paying interest directly to the card company, which as of december 17, 2015 is 10.49%. according to this credit card calculator, it will cost you $10 per month and 11 years to pay off the card! that is basically $10 per month out of your budget, going nowhere!
not true. your interest rate will increase if you pay late. that is essentially a fee.
paying 