what is a card issuing bank card issuing
banks are institutions which supply
debit and credit cards to their
customers you've most likely dealt with
one of these banks TD Scotia Bank
Citibank Chase BMO and many others are
all known as issuing banks worldwide
there are over a hundred thousand
issuing banks these issuing banks or
issuers work in conjunction with credit
card brands such as Visa MasterCard and
discover to offer co-branded cards with
structured reward programs
additionally they make sure that these
card types follow network rules and work
wherever credit cards are accepted the
customers that apply for cards through
these issuing banks are called card
holders card holders are consumers
looking to establish credit or gain
access to various card reward programs
issuing banks assume a lot of risk when
extending credit to their card holders
if a card holder is unable to pay their
credit balance the balance will be
written off by the issuing bank
therefore because of this risk it is the
issuing bank that provide the actual
credit cards rather than the card
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