How to increase credit card revenue

First, use the interest-free period. This is an attractive place for credit cards. You can use the bank's money for nothing, while your own money can be deposited in the bank, the balance treasure can pay interest, or you can buy it with a good short-term fund. As long as it is paid back on the last repayment date. However, keep in mind that credit card repayment must not be the lowest. Because as long as it's not all settled, interest is charged! If it is overdue, it will charge more liquidated damages.

second, use credit card discounts. At present, many kinds of cards, such as fuel card, Taobao card, Carrefour card, travel card, airline card, etc., have discounts for different co-branded cards, some have extra services, and some stores have labels indicating that there are discounts for using certain cards. If you want to save money and spend a lot, you can get more cards and swipe them when you go out. A discount here and a discount there will add up to a lot. This is equivalent to making more money in disguise.

third, use integral. Each card type, each bank, the same store and the same product may give different points, not to mention different products in different stores. Therefore, we should pay attention to the credit card as far as possible, and the score is high. In this way, if you have points, you can change things, such as boxes, towels, toothbrushes, computers, mobile phones, backpacks and so on, and the quality is ok, so you can use them with confidence.

fourth, do business with cards. Doing business here is not cashing in and investing. Instead, you can exchange your points for money, visit a treasure, and someone will take it, just like a driver's license. Or selling the exchanged things is also money.

fifth, cash out. In this way, first of all, you must have a quota to make money. For example, if you use a machine with an interest rate of .6%, you have a quota of 5,, and it will cost 5,,.6% = 3,. If you put 5, on the financial platform, the income will be calculated at an annualized rate of 12%, and the income will be 5, per month. If you subtract your cost, it will be 2,.

Of course, this is just an idea. In practice, you can't leave the line blank, and you need to leave a part of the turnover, and the handling fee can be combined with .38 to reduce the cost. In addition, the points you cross the card are also benefits. If you have a quota of 5, yuan, it is easy to earn 2, yuan a month. First of all, you have to have a quota of 5, yuan. (Anyway, I didn't! )

It's not difficult to make money by credit card, but the key is how much. It must be noted that you can really make money by playing well with credit cards, but you must exercise restraint. Don't spend in advance when you have no repayment ability. Otherwise, once you become a habit, it will be difficult to turn back and eventually you will be overwhelmed by card debts.

How to manage money with credit card money

First, make rational use of the interest-free period. The interest-free period of credit cards is generally 3-56 days. How to make reasonable use of this period? As long as you start swiping your card the day after the bill is issued, you can enjoy a maximum of 56 days. And I can use this method for all my cards, and I remember that the repayment date can be modified once or twice a year, so I can make the most suitable choice according to the time of my salary.

second, make good use of credit card funds. The credit card limit is generally determined by your assets, education, income, bank flow, liabilities, personal credit information and credit card limits of other banks. If you want to raise the amount, you should swipe your card more, pay in installments, and keep a good repayment habit. Don't make overdue payments, so that banks can make money, and banks will be willing to lend you more money. The larger the amount, the more money we can use to manage our finances.

third, spend money for others and give you cash. Many times, friends around you will buy some products with slightly higher prices online. At this time, you can help your friends pay by credit card, and you need to use your friends to transfer cash to you. This is to invest the money again, because there is no need for any handling fee, so the income is very considerable. The advantage of agency payment is not only to increase the cash for financial investment, but also to earn credit card points. Now many credit card points can be exchanged for various commodities, such as prepaid cards, air miles, household items, etc., which also saves a sum invisibly.

fourth, use mobile phones to pay more. With the popularity of WeChat and Alipay, mobile phones can be used to pay all over the street, and as long as credit cards are bound to WeChat and Alipay, most of the consumption can be paid by credit cards. In this way, you can save cash financing investment, and you can also accumulate points and credits. In particular, when Alipay and WeChat hold various activities, you can often get cash back.

Everything has advantages and disadvantages. Although credit card is convenient, it will easily lead to excessive spending. Of course, it is necessary to test the control of the user. Being able to control and use credit cards skillfully will bring the value of credit cards into full play, which will only benefit you. There will be no such thing as becoming a slave every month.

how do banks make money through credit cards?

four major profit-making methods of banks:

1. commission

You may not believe it, but the commission charged by banks from merchants is its biggest and most stable profit-making method.

when customers spend money at merchants and swipe their cards through POS machines, the bank will receive a rebate of about 1%-3% of the transaction amount. This amount is not small, and many small businesses often refuse to let customers use POS machines in order to avoid paying this fee.

Second, annual fee

At present, the annual fee of credit cards in China is mostly within 3 yuan, and it can be reduced as long as the conditions are met. However, there are also some high-end credit cards. Because they provide special high-end services, the annual fee is as high as 3,6 yuan or more, and the conditions for exempting them from annual fees are also very strict. However, for the rich, the services provided by these credit cards have far exceeded the annual fee of several thousand yuan, so they will not hesitate to pay.

Third, handling fee

This handling fee is mainly for cash withdrawal. The handling fee for domestic withdrawal of credit cards in China is .5% of the cash withdrawal amount, with the lowest in 2 yuan and the highest in 5 yuan; Overseas (including Hong Kong, Macao and Taiwan), the handling fee is calculated at 3% of each cash advance, and the minimum fee is ￥3 yuan or $3 per advance.

if you deposit your money in a credit card and then withdraw it, you will also have to pay this handling fee. If there is no balance in your credit card, you have to pay .5%/ day interest in addition to the handling fee.

4. Interest

Because credit cards have entered the homes of ordinary people today, the repayment ability of ordinary customers is not as good as that of the rich, so it is inevitable that they will not be paid off in full on the repayment date. In view of this phenomenon, banks set the minimum repayment amount, and set interest and late payment fees for unpaid loans, which not only gave customers a breathing space, but also increased their revenue.

after careful calculation, it will be found that the unique "interest-rolling" mode of credit card makes its interest no less than that. However, last year, the state abolished the late payment fee of credit card and changed it to liquidated damages, which relieved the pressure of the repayment person to some extent, but even so, the interest of credit card is still very amazing.

a big analysis of how credit card banks earn money!

Nowadays, many credit card customers are curious about how banks can make profits, because many customers repay their loans on time, and they have not applied for installment, and they have hardly charged the banks any fees. So how can credit card banks make profits? Let's take a look at it below.

how to make a profit with a credit card

1. charge an annual fee: the most basic thing is to charge an annual fee. the higher the credit card level, the more expensive the annual fee. For example, high-end cards such as platinum cards and above have an annual fee of thousands or even tens of thousands per card, and you can't enjoy the annual fee discount.

2. Interest and handling fee: it is one of the biggest sources of money for banks. In the case of overdue credit card, installment and minimum repayment, banks will charge interest and handling fee, and the rate is generally five ten thousandths.

3. Merchant's commission: When customers spend money by credit card, merchants need to pay a certain percentage of the transaction amount to the bank, which is also the main component of credit card income.

Three ways to make money by credit card

1. Interest-free period of smart use of credit

Interest-free period of credit cards varies from bank to bank. The longest interest-free period of 1 banks, including Bank of China, China Construction Bank and China Merchants Bank, is 5 days, while that of people's livelihood is 51 days, and that of four banks, including ICBC and Agricultural Bank of China, is 56 days. In addition, some high-end cards of the bank will give a longer interest-free period, such as the Bank of China Platinum Card, which has an interest-free period of up to 59 days.

There is room for making money during the interest-free period of nearly two months. Some cardholders will brush out the credit limit of their cards in a special way and invest it in higher-yielding wealth management products to earn short-term wealth management benefits. How much you can earn depends on the amount of credit card consumption and the income from financial management. Generally speaking, it is no problem to earn some living expenses.

2. Participate in various activities

In order to spend money, the bank will launch various activities, such as how much credit card is given to consumption abroad when it is full, and what is given when it is full in a week. People who can play will choose to swipe their cards violently during the activities.

3. Redeeming points for gifts

There are points for spending with bank cards. For those who swipe their cards fiercely, the points rise rapidly, and it is not unusual to have hundreds of thousands of points. The points can be used to exchange corresponding physical gifts, airline miles, services, etc. If the exchanged gifts are not used by themselves, they can be sold.

so much for the introduction of how to make money with credit cards.