The Connect2 Podcast

How Credit Cards Make Money for Banks

1 h 4 min · 26. maj 2026
episode How Credit Cards Make Money for Banks cover

Description

Many people pay off their credit cards monthly, so how do the banks make money off of lending you money to pay for your purchases when they don't charge you interest unless you are late with payments?  Mark and Jeff discuss how the credit card companies (and in Canada the banks) make money off your purchasing habits

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