interview questions shared by candidates
Which of these groups is the most profitable for a credit card company? Group One: Uses the credit card a lot but never carries over a balance. Group Two: Uses the credit card a lot and carries over a balance every month. Group Three: Uses the credit card occasionally and carries over a balance every month. Group Four: Never uses the credit card.
Group Two is the most profitable because you are getting money from the use of the credit card and from the interest payed on the balance that is carried over every month.