Credit Card Advantages: Credit card usage has increased significantly in recent times. The number of people who use these cards
Credit Card Advantages: Credit card usage has increased significantly in recent times. The number of people using these cards continues to grow. Those who use credit cards need to know a few things. There are many uses for credit cards. But with good credit, you might find exactly what you need. Otherwise we will get into trouble.
Credit cards can be used almost anywhere. No need to have money on hand. Reward points on each transaction. Redeem these and get vouchers. There is also an ATM Cash Withdraw facility. You can withdraw money from any bank ATM. There is an interest free credit facility for 40 to 50 days. The card can be used whenever needed.
There is no time limit. You can also get personal loans at attractive interest rates. This loan can be taken on an unused credit limit on a credit card. Alternatively the loan is also available on a track record basis. When you buy a smartphone, fridge, TV or other product with a credit card, you can convert them into EMIs. Credit cards can also be used abroad. If you have more than one credit card .. Balance transfer facility is also available.
Banks, however, charge higher interest rates when the credit card bill expires. Also there are chances of being hacked when making international purchases. Because purchases are made without getting OTP. If you use credit cards wisely and pay the bill regularly on time, then the credit limit will increase.
Are you using a credit card? How many benefits due to the EMI option in it ..