Comments on The Finance Blog: How do banks make money through credit cards?

nice post. It shows, how bank charge money on the...

2011-05-04T17:30:11.853+05:30

nice post. It shows, how bank charge money on the credit card. Now a days, credit card are too famous. We must have idea about bank charges, commission, penalties. Thanks for giving knowledge of this.

Good post and likes it.This post helps me to know ...

2011-01-18T14:38:30.287+05:30

Good post and likes it.This post helps me to know how banks go and earn money by usage of the credit cards.

To add on Bank also gives a n offer to the custome...

2009-10-07T12:13:13.113+05:30

To add on Bank also gives a n offer to the customer to convert the O/S balance into EMIs for which they may charge a processing fees plus a regular interest rate between 1 to 2 %.

In addition to that bank also gives a balance transfer option. To avail that option customer has to pay charges. Again an income for the bank

By : Prashant p