The Connect2 Podcast

How Credit Cards Make Money for Banks


Listen Later

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

...more
View all episodesView all episodes
Download on the App Store

The Connect2 PodcastBy Connect2 by Mark Hughes and Jeff Cullen