For example, debit cards are generally used in which region we operate, and there is a charge for cross-regional withdrawals.
There is also a credit card. No matter which city you are in, there is no handling fee for withdrawing money and returning the card.
I think this is the reason why credit card business is separated from ordinary business.
2. How can a bank credit card make a profit?
Answer: When a merchant swipes a card, the merchant needs to pay a handling fee to the bank.
B. After you swipe your card, if you don't repay it within the interest-free period, you need to pay high interest to the bank.
C. If you buy large items with a credit card, the bank will charge you a handling fee.
D. If cash is withdrawn, the bank will charge 0.5% daily handling fee and interest. There is no interest-free period for withdrawal.
E. If your credit card is never used, the bank will charge you an annual fee next year.
Don't underestimate your interest. 0.5 ‰ interest per day, 1, 000 yuan a month is 1, 500 yuan.
Nowadays, many people spend in advance, and it is very likely that they will not be able to pay off the big items in time. Interest of more than one month 100 is very common.