Answer:

Is the bank installment service good?

The bank installment service is also okay, better than sales. The main job of installment sales is to make phone calls to sell installment plans. If you are eloquent and thick-skinned, you can give it a try. Many installments are obtained through hard work by salesmen. If you are introverted and don't like to talk, this job is not suitable for you.

In fact, it is similar to telephone customer service. Telephone customer service is to sell products, and the credit card installment specialist, as the name suggests, only focuses on credit card installment business, usually decoration installments, bill installments, product consumption installments, etc. Ask him whether the amount of consumption needs to be installments. They all give you some lists to contact customers, and this should be commissioned based on sales. The more you handle, the more you earn. Most people will hear about it, unlike sales calls, where some people just hang up.

How commercial bank credit cards make money:

The first is interest income. That is, the commercial bank earns interest through your overdraft and use of your credit limit. At this time, some friends will definitely ask, how does he charge me money when I repay my loan on time every time? Don't worry, anyone who has used a credit card knows that you often have two options when repaying your credit card, one is called full repayment, and the other is called minimum repayment amount. If you repay in full, the bank will definitely You won't be able to receive interest from you. However, Brother Han has a group of friends who never repay in full and prefer the minimum repayment. Once you choose the minimum repayment, I'm sorry, but you will be charged a high fee for the part you haven't repaid. The first trick for banks to make money from you is the minimum repayment charge. A friend once helped Brother Han calculate it. Suppose you consume 1,000 yuan a month and only pay 100 yuan according to the minimum repayment amount, expressed in ten thousandths. Five penalty interest calculations, after you have paid off the loan in ten months, you will have to pay an extra 173.8 yuan to the bank. That is, you used 1,000 yuan, but you paid back 1,173.8 yuan to the bank.

The second is annual fee income. Annual fee income, as the name suggests, if you use a commercial bank's card, the commercial bank will charge you an amount of money every year as the commercial bank's credit card management fee. Nowadays, commercial banks have generally introduced the practice of waiving the annual fee in the first year and waiving the annual fee in the following year by swiping the card less often or with a certain number of points. However, many friends have not noticed that many people just want to get the small gifts when they apply for the card. I applied for a credit card, but after I got the card, I threw it away and forgot about it, or I had too many credit cards and didn’t notice whether I had reached a fixed number of transactions. When this happens, the commercial bank will have reason to charge Your money is gone. Generally, an ordinary gold card has an annual fee of several hundred. If it is a platinum card, the annual fee may be thousands, so don’t forget to make the required number of transactions.

The third is to share profits with card merchants. This is where the payment industry makes the most money. When you go to some stores to swipe your card to buy something, on the surface you pay the money you spent to buy the thing, but the merchant doesn’t get that much. If you pay by swiping your credit card Yes, merchants will have to pay part of the handling fees to all parties in the payment industry. Generally speaking, the payment industry can be divided into three main parts: card issuer, UnionPay, and acquirer. Due to a price reform after September 6 last year , which resulted in a big adjustment in the card processing fee. As long as you know that every time you make a purchase at a merchant, the merchant will give a part of the money to the commercial bank. Making money from the merchant is the main way for commercial banks to make money.

The fourth is cash withdrawal fees and punitive income. When it comes to cash withdrawal fees, many credit cards will have a certain cash withdrawal limit. Sometimes friends will use their credit cards to withdraw cash when they are in a hurry to use money. After withdrawing money, they will not know anything. However, many people have not noticed that when withdrawing cash by credit card, It is very expensive. As long as you use a credit card to withdraw cash, you will usually be charged a high handling fee. However, many people are unable to react. There is also the credit card penalty interest. If you forget to pay back the money one day, congratulations, the commercial bank can legitimately charge you liquidated damages.

The fifth is the installment fee.

Of course, some friends like to pay in installments when buying things, especially large items, but generally as long as the credit card is used for installment, then you are equivalent to applying for a bank credit, and the bank will charge you the installment fee. , and the installment fee is quite high.