The benefits of banks opening credit card business are many:

1. Accumulate high-quality customers. Generally speaking, customers with credit cards have good credit records and relatively stable incomes. White-collar workers. Once you open a credit card, all your basic information is in the bank's database, and you are likely to become a high-quality customer of the bank, or at least a potential customer.

2. Bring in fee income. When you use a credit card to make purchases in a mall, the mall has to pay a fee (ranging from 1% to 5%) to the bank card center (UnionPay) and the card issuer according to the industry category. ), this is the most direct economic income for banks from issuing credit cards.

3. Annual fee income. Generally speaking, card issuers charge different annual fees for different card types. For example, China Merchants Bank Gold Card charges 300 yuan per year, and ordinary cards charge 100 yuan per year. However, this is only for the purpose of recycling. Card cost: China Merchants Bank waives annual fee by swiping 6 times.

4. Increase visibility and integrate with international standards. Credit cards are very popular abroad. So the credit card you hold is a symbol of your credit and your wealth, so use it reasonably!