The standard fee for swiping a credit card of RMB 50,000 is RMB 300. The handling fee for credit card consumption is composed of the card issuer, the acquirer and the network. Since the handling fees required for swiping cards at POS machines are different, the handling fees are borne by the merchants. After the new regulations were introduced in September 2016 to change the fees, the standard handling fee rate for POS machines is 0.6%.
1. We deduct the credit card swiping fee according to the standard 0.6 fee. So the money we get when we swipe 10,000 yuan is 10000-60=9940. This is easier to calculate. Yes. Of course, if you swipe a debit card or a credit card, it will be a bit difficult to calculate. Let’s take a look at Brother Kaka to calculate it
2. Debit card handling fee Everyone should know that the debit card handling fee can be capped Yes, for example, if the cap value is 30, then we will deduct a handling fee of 30 yuan after swiping the card. For example, if you swipe the card for 5,000, a handling fee of 30 yuan will be deducted. Also, if the card swipe is lower than the cap value, of course, the basic fee will be deducted. The fee is 0.6. Regardless of whether we swipe a debit card or a credit card, we need to use a reliable machine and not lose more principal just to save a few dollars in handling fees.
The risk of cashing out with a credit card is high. First of all, the risk of cashing out with a credit card is high, because you have to hand over your credit card to the other party to swipe it, usually out of your sight. Many intermediaries use this opportunity to copy the credit card. , laying hidden dangers for subsequent theft. If the cash is issued by the bank, not only will the credit card be suspended, but it will also affect future credit card applications.
Secondly, the handling fee for cashing out credit cards is not cheap. For example, the intermediary Mr. Zhao found requires an interest payment of 500 yuan for an amount of 50,000 yuan. It should be noted that the 50,000 yuan provided by this set is at most 50,000 yuan. It can be repaid within 50 days, which means that the annualized interest rate is as high as 7.3%, which is not cheap. Mr. Zhao must ensure that his investment income is higher than this value. Third, can you guarantee investment returns? Generally, the money withdrawn from credit cards goes to high-risk investments, such as stocks. Although Mr. Zhao has inside information about his younger brother, is this information reliable? In the future, if the income does not meet the standard and funds are trapped, Mr. Zhao will not only lose interest and handling fees, but also lose investment income.