How do credit card professional cardholders earn 20,000 per month? Use POS to swipe the card

The credit card interest-free period is used to repay the cardholder. After the repayment, the POS machine is used to help the cardholder to withdraw cash. A 2% to 3% handling fee will be charged. Calculated by 5,000 yuan per credit card, 2% - 3% of the monthly fee and interest, can earn more than 20,000 yuan. This kind of card-raising method is also a kind of cash-out, and it is illegal. If it is found by the bank, it will be held accountable.

"3% spread - help your cash card cash, 2% spread - help you repay the money", is the mantra of the professional cardholder Xiao Ding to answer the phone. This "industry", done well, is calculated by 5,000 yuan per credit card, and the monthly fee of 2%-3% and interest can make him earn more than 20,000 yuan a month. How do these professional cardholders step on the legal boundary line to "raise cards".

Use pos machine to cash

Cardholder: Credit card spending overdraft is unable to repay

Cardholder: Use the credit card interest-free period to repay the cardholder. After repayment, use the POS machine to help the cardholder to withdraw cash. A 2% to 3% handling fee will be charged.

With the popularization of domestic credit cards, there has been a group of people who are unable to repay credit card debts, and correspondingly, such a group of cardholders have also emerged. The cardholder cannot repay the loan in order not to affect the credit history. The professional cardholder will repay the cardholder and ask the cardholder to remember the overdraft limit, the minimum repayment amount and the repayment period of each credit card, so that a certain amount of cash will flow through each card to keep the credit card in normal operation. .

After the last repayment date, the cardholder will use the POS machine to cash in and cash out, and then charge 2%-3% of the handling fee and interest. Calculated by 5,000 yuan per credit card, 2% - 3% of the monthly fee and interest, can earn more than 20,000 yuan.

How to raise a cardholder to "carry a card"

This is achieved by using the credit card interest-free period. The minimum interest-free period and the longest interest-free period for each bank credit card are 55 days long and 18 days for the shortest. The cardholder uses the interest-free period to repay the cardholder on the last repayment date, then sets the money out and exchanges the money on the next final repayment date.

In this cycle, the bank will not find any anomalies. Often in the past, cardholders' credit cards are also easier to raise and accumulate points. And the money put out, the cardholder may be used for Other stocks, fund investment and so on. Both cardholders and cardholders are happy.

The harm of this kind of "carrying card"

Cardholders: For cardholders, they call this type of “personal microfinance”. However, if the funds that are withdrawn are not recoverable, the cardholder will not bear any responsibility. This kind of card-raising method is also a kind of cash-out, and it is illegal. If it is found by the bank, it will be held accountable.

Cardholder: For cardholders, using credit card funds to invest, if the investment fails, it is impossible to repay. It will be repeatedly charged by the cardholders for handling fees and interest. The time is long, in addition to a large amount of handling fees and interest, there is also the risk of being discovered by the bank.

Market: For the market, credit card funds have entered the stock market and the property market. After entering the capital market, they have fueled the asset price bubble. In the end, the bubble burst, which will cause serious social problems.

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