Companies issues non-bank credit cards, especially revolving credit cards, in order to charge significantly lower fees, and to encourage customers to switch to the more profitable non-bank credit cards. Now credit cards consolidate fees, where fees will be set by issuing banks, and may differ considerably from issuer to issuer. According to study, credit card companies’ new price list reveals that credit card fees will range from NIS 14-20 a month. Then fees on an Isracard credit card issued by Bank Hapoalim could differ from the fees on an Isracard credit card issued by Bank Otsar HaHayal.
No comments yet.