These perks that have been built up over the years are not free, they are paid for by interchange fees
Okay, so reduce the amount I pay and then let me decided whether I want to use the I amount I justed saved to pay for things I need, rather than paying for perks I will never use. Why should I pay for travel insurance if I never travel? Isn't this the exact same argument as bundling things?
Machines that have broken down will work perfectly when the repairman arrives.