Why Banks Are Offering Free Credit Cards | How Banks are Making Money from Credit Cards

How credit card companies are making money?
Ever wondered why banks are offering you free credit cards? You will be receiving frequent calls from your bank offering free credit card. The bank is offering you a free credit card in which they are not even charging the annual maintenance charge. So why banks are doing this? What are the benefits to a bank by providing free credit cards?
it is important to understand how banks make money from credit cards before applying for one. In this video, I will explain the reasons why banks are offering free credit cards. I will also explain how banks and credit card companies are making money from credit cards. Watch the video to learn more about free credit cards and whether or not they're right for you.
If you are considering applying for a free credit card, be sure to watch this video to learn more about the benefits and drawbacks. You should also shop around and compare different cards before choosing one.
© Pishukkan Episode 111
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