How do people who receive credit card points make money?
The way to earn money by collecting credit card points is mainly to change the goods and services of banks. For example, an intermediary spent 100 yuan and received 1 10,000 points. This 1 10,000 points can be exchanged for two heaters in a bank, so as long as the intermediary sells these two heaters later, the total price is not less than 100 yuan, then the extra money is earned by the intermediary. So, through this process, they made money.
In many cases, when we spend by credit card, we can get some points, and we can take these points to the bank to cash goods or services. Because most people don't want to spend a lot of time and energy to accumulate points and then exchange them for things, the intermediary who collects credit card points can exchange a lot of points with very little money, which is of little value to us.
Therefore, a small number of points are of little use to intermediaries, but when these points reach a certain level, the final value is actually not small.