According to the data from two years ago, credit card companies made as much as 18 billion US dollars solely from late payment penalties and card fees.
(1) The business fee items for Postal Savings credit cards include annual fees, loss reporting fees, card replacement fees, password reset fees, card courier fees, overdraft cash withdrawal fees, excess payment withdrawal fees, late payment penalties, statement reprinting fees, and domestic/international purchase receipt retrieval fees, etc. It is agreed that these fees will be directly deducted from the cardholder's credit card account when they occur.