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Some sort of financial benefit. Usually a percentage of each transaction and/or flat fee per cardholder or signup and/or a percentage of fees and interest paid
by astura 8y ago
Some sort of financial benefit.
Usually a percentage of each transaction and/or flat fee per cardholder or signup and/or a percentage of fees and interest paid. The exact details on these agreements are rarely published.
See here:
https://www.doctorofcredit.com/everything-you-ever-wanted-to-know-about-credit-card-partners-how-much-they-make-more/ https://www.doctorofcredit.com/everything-you-ever-wanted-to...