If buying a house, buying a car and other large transactions are also counted as points, and more than 654.38+00,000 points are exchanged for gifts, banks can't lose a lot, can they? Items excluding credit card points are roughly divided into three categories.
The first category is the expenses incurred by using the credit card itself, including cash advance, bank card expenses (including annual fee, interest and penalty interest, cash advance fee, overdue fee, etc.). ) and other fees charged according to the credit card regulations, such as late payment fees and over-limit fees. In addition, there are credit card transfer, deposit (repayment), withholding, credit payment, credit balance return, cash withdrawal and so on. These are basically not scored;
The second category is the consumption of merchants with low discount rate or zero discount rate, including but not limited to real estate, automobile sales, wholesale transactions, public hospitals, public schools, government services, charities and public utilities. The so-called deduction rate refers to the handling fee paid by the merchant to the bank when swiping the card.
The third category is other consumption stipulated by the bank, not counting credit card points. Most of these categories are made by banks themselves.