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Results tagged with profitability
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user 5639
11
votes
How can a credit card company make any money off me? I have a no-fee card and pay my balance...
Of course they make money. They double dip in a lot of instances they make 2 - 3% plus $0.30 per transaction from the merchant and then whatever interest you pay on your card.
So let's just say in on …
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