Dear:

Now society is constantly developing, and credit cards are gradually being accepted and used by consumers. For us it is convenient and fast. For banks, this is to increase the promotion of their own banks. People often say that if a place wants to develop, it must build a convenient road. Obviously, credit cards play this role. Many times we use their bank’s credit card, so many times we have contact with the bank.

So first: credit cards virtually add a lot of benefits to the bank. Customer resources.

Second: When we use credit cards for consumption, banks can increase fee income, as well as cash withdrawal fees, installment fees for some customers, or late fees and interest arising from overdue repayments.

Third: Cooperation between banks and multiple merchants, for example, we can get points and discounts for our purchases, which not only brings profits to the bank but also creates more customers for the merchants, and we consumers will also Get discounts and rebates. More importantly, it stimulates and accelerates social economic development and consumption flows. That is to say, the flow of funds also stimulates the economic development of banks.

So every bank hopes to greatly increase its resources and funds. Credit cards are one aspect, but exceptions include stocks, securities, gold, funds, etc.