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Isn't it the case that these 'premium' cards usually require full balance settlement each month? In which case there is no opportunity for the card issuer to ea
by iam-TJ 4y ago
Isn't it the case that these 'premium' cards usually require full balance settlement each month? In which case there is no opportunity for the card issuer to earn interest on outstanding balances as there is with personal credit cards so the card issuers add the 'lost' income to the transaction fee?
- GordonS 4y agoYes, but isn't it also the case that companies pay a monthly fee for those cards, offsetting against that?