In fact, even if all cardholders repay their loans on time every month and within the interest-free period, the bank can still make a profit.

1. Receiving merchant

As long as the merchant has activated the credit card payment function, as long as the consumer uses the credit card here again, a certain handling fee will be deducted regardless of the amount.

Even in online stores, such as Taobao stores, as long as the cardholder makes a purchase, the page will prompt a handling fee of 1.

This 1 handling fee is generally borne by the merchant, and the handling fees charged by different merchants will also vary.

2. Credit card annual fee

Credit cards have an annual fee, and even some high-end cards will also have a card production fee.

Although many credit cards can waive annual fees as long as they make XX number of transactions, there are still many cardholders who cannot meet this standard and can only pay annual fees to the bank regularly.

3. Cash withdrawal with credit card

If the cardholder withdraws cash with a credit card, he or she will still need to pay a certain amount of interest even if the loan is repaid on schedule.

There is a handling fee for credit card cash withdrawals. Even if the cardholder repays the money in the same month, the interest will be repaid for a few days after using it.

Most banks’ credit card cash withdrawal fees are calculated based on a daily interest rate of 0.05.

Don’t take it lightly if an online loan is overdue. In addition to being collected, your personal credit will also be affected, especially for online loans with credit bureaus. Once there is such an overdue record, it will seriously affect future applications. Bank loans and credit card businesses. Even if the online loan processed cannot be listed on the credit report, it can still access big data. You can check your online loan history, online loan overdue details, debt status, dishonesty information, online loan blacklist and other information on "Beijian Quick Check".

Extended information:

Why is the credit card limit reduced even if the payment is made on time?

I must have done something I shouldn’t have done.

1. Always make the minimum payment

Although you always repay your credit card on time, if you always make the minimum payment, it will not affect your personal credit. What impact will it have, but it will make the bank question your ability to repay, so it may cause your credit card limit to be reduced.

2. Always repay in installments

As we all know, credit card installment is conducive to increasing the amount, but that refers to the appropriate installment. If the amount of your installment is too large, the number of installments If it is too long and you continue to pay in installments, it is likely to be counterproductive and cause the card to be reduced.

3. Improper use of the card

Although you repay the loan on time, if you have problems when using the card, your credit limit will be reduced.

For example, if you swipe your card at abnormal times or always swipe your card at the same POS machine, your credit limit may be reduced even if you repay on time.

4. Repay credit cards

Nowadays, many people like to repay credit cards, and many people will find some agency to repay credit cards. Like this, others The act of paying it back on your behalf can easily lead to a reduction in the card's balance.