Reviewed by Vineeth | Updated on Nov 11, 2021



A transactor is defined as a consumer who is settling his or her full credit card balance on time when a billing cycle ends.

Who is a Transactor?

Transactors are those who don't carry forward their credit card balances from month to month. Transactors always ensure to fully pay their credit card bill before the due date and hence, transactors are not levied with any late fee or interest.

What You Should Know About Transactors

  1. Transactors don't generate any revenue for the credit card issuers as they don't pay a late fee or interest.

  2. Transactors are often used as leads by the credit card issuers, and they try selling other products to the transactors.

  3. The opposite of transactors is the revolvers who carry forward credit cards from a month to the next month.

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