There are hundreds if not thousands
of credit card issuing companies in existence and more often than not you can get better terms with a better rate by taking your business elsewhere.
So if they get paid $ 10,000 a month by customers in the form of credit cards, the business pays out $ 100 - 300 a month to the credit card processor - a good portion of which will make it back to
the credit card issuing company, and is a major source of income for them.
Most of
the credit card issuing companies also offers insurance cover for the spouse or the person who is holding the Add on / supplementary card.
Generally, this position is found in banks, loan companies, department stores, oil companies and
credit card issuing companies.