Profit from credit card product

2007-07-19 8:53 pm
How bank get profit from their credit card products? I only know they gain profit from overspending/late repayment from users.

回答 (1)

2007-07-19 10:52 pm
✔ 最佳答案
The main profit for banks from credit card is from the one which the user spent the money to. The bank will charge her some percentages (~5-10%) or even more higher for American Express. The more the user uses the credit card, the more the bank will get the money. This is the main profit from credit card.


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