| Topic : Credit Cards - Know Them Better To Play Safer.... |
|
|
Banking & Insurance Professionals
|
Activity:
28 views;
last activity : 09 13 2010 07:39:51 +0000
|
|
|
|
1
Joining and annual fee
2
Duplicate Statement fee
3
Various fees..
4
Late payment fees
|
|||||||||||||||||||
|
|
In order to entice customers into buying a credit card, many credit card companies offer credit cards free of cost i.e. no joining fees and perhaps exemption from annual fee for a particular period say 1 year after which they will start charging an annual fee. |
2
|
there are so many different charges so if u are having any credit card or u r going to get a new credit card pls esquire about all the charges like annul charge, charges slept if u do not pay whole amount in one shot over limit charges. But at the same time if use it judiciously u can have so many benefits as well.
|
While monthly statements are delivered free of cost to the address of the card holder, request for a duplicate statement in the physical form attracts charges which is typically a fixed sum. |
1
|
|
Credit card business model is a complex one as it is on rolling daily usage of customer unsecured credit. It has two main customers (Issuing part - Credit Card holder and Acquiring side - Merchant). Card holder may have to pay Annual fee, Late fee, Interest, Cheque pickup fee, additional card holder fee, ATM cast advance fee, International transactions fee, Balance Transfer fee, Easy Pay Installment fee etc.. but these are not creating huge profits as we all see in any banks profit statement. Other hand, merchant fee (if POS terminal is provided) and interchange fee (for each transaction) are per transaction and if a Card holder is using his/her card for shopping, that is where banks will start making money. |
0
|
|
Now a days, most of the credit cards are free from joining/annual fees.Good amount of fees, in the name of interest,is applicable on late payment of credits.
|
0
|
- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
|
|
Video by Discount Gift Cards Buy Gift Cards , Sell Gift Cards , and Trade Gift Cards at... |
|
|
0 referals
1 comments,
90 views
|
|
|
Attract Clients with Your Business Card ONE: Keep your card "reader friendly" by providing... |
|
|
672 referals
3 comments,
329 views
|
|
|
C arbon dioxide, the most important greenhouse gas produced by combustion of fuels, has become a... |
|
|
47 referals
8 comments,
614 views
|
|
|
|
|
|
|
I agree to this question that intra day must be stopped....if it resembles betting. Even IPL is also a betting process that is glorified...but no action is taken by the govt. Thus ...its clear that whatever the govt. does for profit is good and... |
India has topped a list of the most "over-regulated countries in the world" in a survey on Asian business and politics by Hong Kong-based Political and Economic Risk Consultancy Ltd (PERC). The survey used responses from American executives about... |
I agree that we live in a inflated market which exist only in our perception banks are responsible for it.... |