Credit card profit model:
1. Interest income refers to the interest paid by the cardholder on the outstanding balance of the credit card;
2. Information exchange income is the fee paid by the acquirer to the issuing bank, accounting for a certain proportion of the transaction amount of the special merchants;
3. The cardholder's annual fee is the fee paid by the cardholder to the issuing bank for obtaining the right to use the credit card;
4. Other expenses and income include expenses and income generated by other credit card services;
5. The rebate of special merchants refers to the fees charged by the acquiring institution to special merchants because they provide transaction processing and bear credit risks;
6 deposit interest income is the deposit interest income obtained from the deposit account of the special merchant;
7. Other income is the income from renting POS machines and card pressing machines.
Extended data:
Credit card advantages:
1, there is no deposit for overdraft consumption, and you can enjoy an interest-free period of 20-56 days. Repayment can be made on time without any charge (most banks will charge 0.05% interest and 2% handling fee on the day of withdrawal, while ICBC will charge no handling fee but interest).
2. It is not only safe and convenient to swipe your card when shopping, but also a bonus gift.
3. Special merchants who hold cards in banks can enjoy preferential treatment.
4. Accumulate personal credit, add a credit record to your credit file, and benefit for life.