The Connect2 Podcast
The Connect2 Podcast
Connect2 by Mark Hughes and Jeff Cullen
How Credit Cards Make Money for Banks
1 hour 4 minutes Posted May 26, 2026 at 12:00 pm.
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Show notes
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