Credit card podcast by raman

Do you know what is a credit score if you don’t know then we are here to clear your every doubt? Basically, a credit score is a number 300 to 850. The better a borrower seems to potential lenders, the higher their credit score. if you want to know more about HDFC Freedom Credit Card vs Regalia First then listen to our audio and visit this link: https://dailygram.com/index.php/blog/1107254/hdfc-freedom-credit-card-vs-regalia-first/

It is said that nothing in life is free. But every one of us clamors to procure products and services that come with the term 'free'. However, there are a few terms and conditions that come with each of these 'free products. Similarly, if anyone is enticed into purchasing a credit card for free, they must understand that there are a few fees and charges attached to it and in effect, are not completely free. Most of these additional charges may not be revealed upfront to customers but will be charged nevertheless.For more details visit this link: https://medium.com/@karannegi./hidden-charges-in-credit-card-explained-c37fe988b4a9Some Fees and Charges Applicable to Credit CardPrior to acquiring credit cards, customers must first be aware of the following fees and charges that may be applicable.Annual Maintenance ChargeThis is the annual maintenance fee that is applicable to a credit card. In most cases, when individuals are offered free credit cards, it may mean that the joining fee and the annual charge have been waived for a period of one year but may be applicable from the following year. Prior to procuring the card, customers must confirm if their annual maintenance charge is waived for a year or for life.Interest ChargeThe credit card bills for every month will show the total amount that is due and the minimum amount that is payable. Many individuals choose to only pay the minimum payable amount assuming that the rest can be paid later. But this practice will only result in their falling into a debt trap. Also, a 2% to 4% interest rate is charged per month on this remaining amount. The monthly rate of interest is generally annualized to arrive at an APR or annualized percentage rate of 36% to 38%, which is very high. In addition to the nominal rate of interest, this annualized percentage rate can result in quite a burden for the individual. Hence, all potential credit card holders will have to strive to pay their bills in full and not just the minimum amount due.GSTAll credit card transactions are subject to GST as per prevailing GST laws.Late Payment ChargesIn case a cardholder does not pay his/her due in time, additional charges will be levied which is called the late payment charge. This is applicable when the customer defaults in their payment of monthly credit card due post the due date. This is a flat fee amount and is not dependent on the interest charges.Overdraft ChargesWhen a customer exceeds the monthly credit limit that is applicable on their credit card, these charges are applicable.Foreign Transaction ChargesIn case customers make an overseas transaction using their credit cards, foreign transaction charges are levied. This is around 3% to 5% of the overseas transaction and is then converted to INR based on the exchange rate depending on the date of the transaction.Charges for purchasing petrolPurchasing rail tickets or petrol using credit cards attracts additional charges. This is a set percentage of the amount that is spent. 

SBI Elite Credit Card is an all-rounder premium credit card with benefits across varied categories including travel, shopping, movies, and more. With a reward rate of 2.5% (on certain categories) SBI Card Elite is a highly rewarding card, especially if you are a high spender. Read more to know about the detailed features and benefits of the card.The SBI Card Elite Credit Card provides benefits on air travel, hotel bookings, and foreign transactions. This card also provides typical SBI credit card benefits like complimentary movie tickets, annual fee waivers, accelerated rewards, balance transfer on EMI, Flexipay facility, and a lot more.For more details visit this link: https://theomnibuzz.com/what-are-the-benefits-of-sbi-elite-credit-card/SBI Elite Credit Card-Features and BenefitsWelcome e-gift voucher worth Rs. 5,000SBI Elite Credit Card charges a joining fee of Rs. 4,999 but returns the entire amount in the form of Rs. 5,000 welcome gift vouchers. You can choose the brand of your choice from the varied brands that include Hush Puppies/ Bata, Yatra.com, Shoppers Stop and Pantaloons.You will receive an SMS to choose from e-voucher options within 15 days of the annual fee payment. The e-voucher will be sent to your registered mobile number/email ID, within 5 days of the request.ELITE Rewards on all your purchasesSBI Card Elite is a highly rewarding card, especially if you are a high-spender. Following is the reward point structure of the SBI Elite Credit Card-5X Reward Points on Dining, Departmental stores, and Grocery Spends2 Reward Points per Rs. 100 on all other spends, except fuel2 Reward Points on every Rs.100 spent on International transactionsNote: 4 Reward Points= Rupee 1Milestone RewardsGet up to 50,000 Bonus Reward Points worth Rs. 12,500/ year. Reward points are given in the following manner:10,000 bonus rewards each on spending Rs. 3 Lakh and Rs. 4 Lakh in a year15,000 bonus reward points on spending Rs. 5 Lakh in a yearAdditional 15,000 rewards on reaching annual spends of Rs. 8 LakhFree movie tickets worth Rs. 6,000 every yearWith SBI Card Elite you will get complimentary movie tickets worth Rs. 6,000 every year. The transaction will be valid on at least 2 tickets per booking every year and you can avail a maximum benefit of Rs. 250 per ticket. Also, a convenience fee will be charged on all transactions.Should You Get SBI Elite Credit CardSBI Elite Credit Card would be best suited for people who are heavy spenders and want an all-rounder card, even if it carries a high annual fee. The rewards rate on the card is not that great but satisfactory. However, the card offers decent travel benefits to the users, hence it is definitely a good travel credit card. In terms of hotel rewards, the card offers cardholders a 10% discount on top of a 2.50% rewards rate (10 points per Rs. 100, 1 point = Rs. 0.25) at participating Trident hotels.  Additionally, cardholders purchasing Vistara Airlines tickets will earn a 2.25% rewards rate (9 points per Rs. 100, 1 point = Rs. 0.25) on their bookings. These hotel and flight booking rates allow cardholders to earn great rewards on all their travels.Though the card offers decent opportunities to earn rewards, the redemption choices are not hassle-free. The conventional rewards catalogue may not attract a lot of customers. There is a cashback option but in a 4:1 ratio which is again not a very good deal.Moreover, the Priority Pass Membership is only valid for 2 years after which you will have to pay $99 to continue the membership in order to enjoy the 6 complimentary lounge visits in a year. Though the first-year fee is returned in the form of welcome e-vouchers, the brand options are very limited. Also, the annual fee waiver condition of Rs. 10 lakh spend is high. 

Premium credit cards offers the best of the lifestyle privileges and benefits that you can't expect from a regular credit card. A few high-end facilities offered by such cards are free lounge access to domestic and international airports and an exclusive reward points program.Also, to redeem the reward points, these cards offer equally exciting redemption options across a diverse range of first-rate products and services. Another attraction of most of these cards is the set of special services by a dedicated concierge.For  more details visit this link: https://personalfinancebyrajat.blogspot.com/2022/10/best-premium-credit-card-everything-you.html the best premium credit cards in India1. American Express membership rewards credit cardthe bonus feature of this credit card is the reward points that come with every spend on this card. what's great is that each of these points can be redeemed for a fruitful reward. here are some notable features of this card: requires a minimum income of ₹40,000 every month.an annual fee of ₹1,000 is applicable.earn reward points for every rupee spent on the card.make your American Express Credit Card Payment via CRED to earn reward benefits.2. Indian Oil Citi Platinum credit carddo you want to save some bucks every time you refuel your vehicle? this credit card is an excellent way to earn some decent benefits and save your money on fuel costs. the features of this card are:earn turbo points and fuel surcharge waiver which saves the cost of up to 70 litres of fuel.carries an annual fee of ₹1,000.additional benefits and rewards.make your Citibank Credit Card Payment via CRED to earn reward benefits.3. HSBC cashback credit cardfor the avid shopper in you, this is the perfect credit card to save yourself some money and earn discounts at the same time. the shopping credit card is best for those who shop a lot using their credit card. here are some features of this credit card which does not entail any joining fee: you should be earning a minimum amount of ₹4 lakhs in a year to obtain this card.get a special cashback on every spend.avail partner offers and global card access.make your HSBC Credit Card Payment via CRED to earn reward benefits.4. Standard Chartered super value titanium credit cardthis is the ideal credit card that provides a handsome return to its users each time they make use of it. not only does it carry a very reasonable annual fee of ₹750, but it also requires a minimum income of ₹55,000. here’s what you should know about this option: get a handsome cashback of 5% on spending such as fuel and recharges.obtain various discounts on shopping and utility bill payments.make your SCB Credit Card Payment via CRED to earn reward benefits.5. HDFC Regalia credit cardthis is a wholesome credit card option for those who want the best of everything. with this card, you can bag a number of discounts and cashback options on every spending. with an annual fee of ₹2,500, you can get access to the following benefits: available on the basis of a monthly income of ₹90,000 and more.earn reward points for every spend and achieve different levels with your reward points.also avail additional services like accidental death cover, emergency hospitalization, and more.complimentary access to an airport lounge.make your HDFC Credit Card Payment via CRED to earn reward benefits.

Using a credit card requires smart spending and budgeting to avoid the dangers of getting into debt or paying hundreds of dollars in interest and fees. However, when you shop carefully and use your credit card strategically, you can take advantage of rewards, points, and other perks to save or even earn money. And you can do it without getting into debt as long as you follow two basic rules: charge only what you can afford and pay your balance in full every month.Learn how careful credit card use can help you earn, rather than lose, money.For more information visit this link: https://articlescad.com/ways-to-save-money-using-credit-card-57159.html Transfer Balances to Reduce Interest If you're currently carrying a balance on a credit card with a high-interest rate, you may be able to save hundreds of dollars by transferring that balance to a credit card with a lower interest rate.Taking advantage of a 0% APR balance transfer offer will give you time to pay off your balance without accumulating interest. For example, you can save almost $400 by moving a $3,000 balance at 17% to a credit card with a 0% APR for 12 months.Just be sure you can pay enough each month to bring your balance back down to zero within the introductory period. Otherwise, you'll end up losing money by still paying significant interest.Use 0% Purchase APRMany 0% introductory rates are offered only with balance transfers. However, some credit cards offer 0% introductory APR on purchases as well. This means that during the offer period, any purchases you make are also subject to 0% interest.If you have a big-ticket item to purchase—new furniture, a medical procedure, or a vacation—using a credit card with a 0% APR will let you break up the purchase into multiple payments without having to pay interest.Pay With a Cashback Credit CardCashback credit cards let you accumulate cash rewards on your credit card. If you can use your credit card to pay for most of your expenses, not just those purchases that earn the most rewards, you can max out your cash earnings.For example, if you spend around $3,000 each month on bills and other expenses, you can earn $360 a year on a card that pays just 1% in rewards.The caveat here is to make sure you are able to pay off your card balance at the end of each month. Otherwise, the interest you are charged will quickly outstrip any cashback you earn.Skip the Car Rental InsuranceUsing the car rental agency's rental coverage can increase the price of your rental every day. However, depending on the credit card you use, that extra insurance may be unnecessary.Most major credit cards provide car rental insurance as long as you decline the coverage offered by the car rental company and pay for your rental with your credit card. This can save you tens or hundreds of dollars every time you rent a car.

There's little doubt that today the credit card is one of the most popular and sought-after financial products in the market. Owing to its high demand, the market is filled with credit cards aimed at every spending category and this is precisely why it's not surprising if you get confused while trying to figure out the best credit card for yourself. For more details visit the link: https://medium.com/@karannegi./5-tips-on-how-to-compare-multiple-credit-cards-600f4e942511Top Tips for Comparing Multiple Credit CardsChoosing one among the numerous available options isn't a cakewalk but you would get a clear picture if you follow the credit card comparing tips listed here. As certain the category:  This is perhaps the most crucial factor to be taken care of. The first step to compare various credit card is to figure out the category of the card that you need. If you are a frequent traveller, you should go for a travel credit card. Likewise, if you are a foodie and spend the most on restaurants and dining out, check out the best options on the dining category. Other popular categories include cashback, daily expenses (including groceries), online shopping, etc.Know the credit card type: Here, you have to choose from options like silver cards, gold cards, regular cards, platinum, titanium, etc. The type of the card you are eligible for would primarily depend on your income along with a few other factors. The major difference between these card types lies in the features and benefits that they offer.Interest-free period: Also known as the grace period, this is the number of interest-free days that you enjoy on your credit card expenses. This can typically extend up to 50-55 days depending on the date of the expense with respect to the monthly credit card bill generation date. So check out the best credit card in terms of the interest-free period. This would certainly help you in enhancing your experience of using a credit card.Reward points: One of the attractive features that almost every credit card offers is the reward points program. Most credit cards give you reward points when they are used for transactions across a wide range of categories. The accumulated points can then be redeemed for attractive gifts and benefits. So check out the cards which would give you the highest reward points on the categories on which you spend the most.Interest rate: Another factor that is very important to consider is the rate of interest that you would be charged on your card transactions. Because the interests start accumulating right after the grace-period (from the date of transaction for certain spend categories), try to get a card that has a relatively low-interest rate. Things to do When Comparing different Credit CardsCheck other Fees and ChargesApart from the regular interest rates, there are a host of other associated fees and charges that would be levied on your credit card account. The common ones among these are joining fee, renewal fee, ATM cash withdrawal fee, late payments fee, foreign transaction fee, etc. So it's wise to search for the card that has the best fees and charges for you. That way, you can save a substantial amount of money in the long run.Proper selection of the mode of comparison: The method which you employ to achieve a fruitful comparison is also something that should be selected carefully. There are numerous websites and mobile applications which would help you to arrive at the best credit card.Another way is to do it manually by creating a suitable comparison format on a piece of paper. You can get the information about different cards from the internet, and then list them all in a tabular format that you can easily create. 

Shopping credit cards are specially designed for lifestyle benefits, for instance- discounts on apparel, footwear, electronics and others. These credit cards are beneficial for frequent shoppers. Apart from discounts and offers, a shopping credit card also features other benefits such as domestic lounge access, milestone benefits, complimentary gift vouchers, e-vouchers and annual fee reversal.Paying for anything with a Credit Card, online or offline, is simple.For more details visit the link: https://www.klusster.com/portfolios/karan-negi/contents/353770How to pay with a Credit Card at an offline store?To pay for your purchases at a retail outlet, be it a restaurant, a supermarket or a shopping mall, just present your card at the billing counter. The person at the counter will swipe or insert your card into a machine and ask you to enter your PIN (a secret code that only you know). Enter the digits of your PIN, and the transaction will be authorised. Sometimes, your transaction may be declined if you enter the wrong pin, haven’t paid your Credit Card dues, or have crossed your credit limit.How to pay using a Credit Card online?Most online sites will have a similar checkout or payment process, whether you are buying an airline ticket or a book. Once you complete your shopping and hit pay, you will be taken to a payment gateway. Enter your card number, name, the expiry date of the card, and the CVV number (the three-digit number on the back of your card). Sometimes, you may be asked for the billing address too.When you submit this information, you will receive an OTP or one-time password on your registered mobile number or email address. Enter the OTP and submit to complete the transaction.How to pay bills with a Credit Card?You can pay all your bills using your HDFC Bank Credit Card conveniently.Use PayNow to pay a wide range of bills such as electricity, mobile, DTH, insurance premiums, rentals instantly and without any registrationRegister & Pay is an easy way to organize, manage and pay your bills. Just register a biller once, you can then automate bill payments. You don’t have to remember due dates or write cheques or stand in queues.SmartPay takes the hassle out of paying bills completely. Just leave standing instructions on your Credit Card and your bills will be automatically paid month after month.

For an individual who has no CIBIL score or has a low CIBIL score, it is quite difficult to get a regular credit card, however, it is not impossible. To get a regular credit card without having a CIBIL score, an individual can try doing the below-mentioned things:Get a secured credit card: This is the easiest and most convenient process that an individual can turn to while looking to get a credit card without having a CIBIL score. An unsecured credit card can be availed by all those applicants who have no credit score or possess a low credit score. The secured credit card can be availed in a bid to build up the individual's CIBIL score. To avail of a secured credit card, all the individual needs to do is open a fixed deposit account with a bank from which he/she wishes to avail of the secured card and make a deposit. The bank will issue a credit card to the individual with a credit limit between 50 to 100 percent of the total deposit made as per their banking terms and conditions.For more information click on this link: https://vanshka602.blogspot.com/2022/09/how-to-get-credit-card-without-cibil.htmlGet an add-on credit card: Availing of an add-on or supplementary credit card is another way for an individual to build his/her CIBIL score. An add-on credit card can be availed by the individual if he/she has a primary credit cardholder in the family. An add-on credit card comes with similar benefits and features as the primary credit card which the family member possesses. However, the credit limit that was on the primary credit card is now shared between both the cards, i.e. primary and the add-on credit cards. Irrespective of that, the individual can still avail of the benefits of the add-on credit card as well as use it during unforeseen times like financial emergencies.Credit card against savings account: Credit cards are offered against savings accounts only by some of the major banks in the country. This is another way an individual can get himself/herself a credit card without having a CIBIL score. To get a credit card based on the savings to account that the individual possesses, he/she will have to deposit a certain amount of money in the account for the bank to provide him/her with a credit card.Avail of a prepaid credit card: Another way of getting a regular credit card from banks and financial institutions without possessing a CIBIL score is by availing a prepaid credit card. This is a good idea for individuals who have a bad credit score. Prepaid credit cards are offered by all the major banks in India to people who possess a bad CIBIL score or are without a credit history. A prepaid credit card can be used by individuals by putting in a certain amount of money and using it just like an individual uses a prepaid mobile connection.Doing the above-mentioned things can help an individual in availing the benefits of a credit card without having a CIBIL score as well as enable them in building their CIBIL score to help them avail of a regular credit card. Though there are ways to avail a credit card without even having a CIBIL score, it is better to use the options only to build up one's credit score to avail of other credit facilities provided by banks and financial institutions that exist in the country. 

Axis Bank is one of the major banks in the country which offers a wide range of credit card to suit the needs of their customers through various categories such as shopping, lifestyle, travel, etc. The Axis Bank Flipkart credit card is a co-branded shopping credit card from Axis Bank and Flipkart which offers you a wide range of benefits and features from cashback for transactions, and airport lounge access along with fuel benefits.· Welcome benefit of Rs.3,300 and a wide range of discounts on other purchases.· 5% cashback on your purchases at Flipkart, Myntra and 2GUD. 4% cashback on purchases made from preferred merchants.For more information click on this link: https://theomnibuzz.com/how-to-apply-for-flipkart-axis-bank-credit-card/Features and Benefits of the Axis Bank Flipkart Credit CardWelcome Benefits· Get Rs.3,300 worth of joining benefits and activation benefits with the Axis Bank Flipkart credit card. Avail a voucher of Rs.500 from Flipkart on your first transaction.· Complimentary 6-month membership on Gaana.com with your credit card.· With your credit card get a discount of Rs.500 on Goibibo on your domestic hotel bookings for a minimum booking of Rs.2,000.· On your domestic hotel booking with MakeMyTrip of Rs.2,000, get a discount of Rs.500.·15% cashback up to Rs.500 on your first transaction at Myntra with this credit card. 20% discount given for new customers on Urban Clap, up to Rs.400 with your credit card.

Overusing your credit card may bring you more debt burden than you can handle. Repayment can become a problem when your salary is not sufficient to meet the monthly expenses. In such instances, transferring your outstanding credit card amount to another bank’s credit card and paying back in monthly instalments at low interest or no interest rate can significantly reduce your debt burden.In India, not all banks who provide credit cards facilitate credit card balance transfer, but only a handful of credit card companies have this option. For more information click on this link: https://anynote.co/post/140813_balance-transfer-credit-cards-in-india-have-become-a-popular-choice-for-people-w.htmlFollowing are the top 5 balance transfer credit cards in the country.SBI Card Balance TransferSBI lets you transfer the outstanding on your credit card to an SBI Card at low or no interest rates. You can convert the payment into easy monthly instalments.

Having a credit card is a great convenience today, and most of us have one that we use to shop and pay our bills. however, we are always restricted to the credit card limit, which prevents us from spending beyond a particular amount in a given month. certain eligibility factors determine increasing the credit card limit. learn how to increase the credit card limit on your card with these nifty tips. you may be successful by using only one tip, or you may have to use a combination of them: For more information click on this link: https://cardinsider.mystrikingly.com/blog/how-to-increase-credit-card-limit  1. apply for a new cardthe most straightforward approach is to apply for a new credit card that has a higher credit limit. by getting additional credit cards, your credit gets distributed over several cards, which helps you maintain a good credit score if you pay your bills in time.2. request an increase on an existing cardit’s convenient to have the limit increased on an existing card. your credit card issuer will check your credit history for your eligibility. while you do this, avoid applying for any other card or an increase on one, as it could affect your credit score.3. back your request with valid reasonsmerely requesting an increase is not enough. put forth the reasons why you are eligible for the increase. for example, you pay your bills regularly, and in full every month, your income recently increased, your credit card utilization is low, and so on.4. be politewhether you are on the phone or you send an email or letter to the issuer, use courteous language. the person you talk to is only doing their job, and you are more likely to get what you are asking for by being polite.5. make your request reasonableask for an increase that is a practical and realistic figure. asking for a huge increase, and that too without sufficiently valid reasons can lead to rejection. further, avoid asking the representative for advice because they are prohibited from doing that.6. the balance transfer optionoffering a credit card balance transfer can work like magic. when you transfer your balance amount from one card to another, there is usually a 0% interest charged for at least a year, which means you end up saving quite a bit. 

Buy Now Pay Later (BNPL)is a payment option given by select online merchants and fintech companies to buyers for purchases they make. It is a short-term finance option that allows consumers to pay in instalments or lump sum within a stipulated time period for any financial transaction.The BNPL formula has tasted success which led to further introduction of this mechanism in a newer format such as BNPL card. BNPL cards are prepaid instruments with a credit line attached and it expands the available credit line to consumers beyond online platforms to include offline, point-of-sale touchpoints also.For more information click on this link: https://cardinsider.imprint.to/post/tips-to-maximize-your-credit-card-rewards Currently, there are quite a few players in this BNPL space such as LazyPay, Slice and Uni amongst others. These BNPL platforms offer the card facility to ease payment complexities for their consumers. BNPL cards are emerging as a powerful instrument and an alternative to paying from savings, credit cards. Individuals having limited credit options are also adopting it, reflecting a growing payment trend as Indians, especially young consumers, are increasingly opting for the solution for its convenience, accessibility and affordability.  How they differ in their interest free credit periodWhile credit cards typically come with an interest-free credit period of up to 45 days, under BNPL the interest-free credit period is for mostly up to 15 days. However, certain BNPL lenders now offer up to 45 days of interest-free period. In fact, some ever offer longer interest-free periods. For instance, Uni, a BNPL lender, providers its consumers using its Pay later card an interest free credit period of 3 months.  

The Regalia credit card from HDFC Bank comes with a host of lifestyle and travel rewards. With this credit card, make the most of its joining benefits, complimentary lounge access and more across categories such as travel, dining and shopping.Get full information on this link: https://soundcloud.com/atul-sharma-251364614/hdfc-bank-regalia-credit-cardKey Highlights of HDFC Regalia Credit Card· Spend Rs.5 lakh or more in an anniversary year and earn 10,000 reward points.· You can avail up to 15% discount on the bill every time you dine-out.· Earn rewards faster with your Regalia card.· Redeem your accrued points for attractive gifts and rewards available exclusively for Regalia cardholders.· Enjoy up to 50 days of the interest-free period.· Enjoy a low foreign currency markup fee of 2% when you use your card overseas.Benefits and Features of HDFC Bank Regalia Credit CardTravel Benefits·Complimentary airport lounge visits: With a complimentary Priority Pass membership, enjoy access to more than 1,000 airport lounges across the globe. The primary member along with the add-on credit cards will get 6 complimentary visits to lounges outside India in a calendar year.· Cardholders can also enjoy complimentary access to domestic airport lounges, through the Regalia Visa Credit Card Lounge program. The program provides 12 free visits to domestic airport lounges in a calendar year.· Travel concierge services: HDFC Bank provides travel concierge assistance service to all its Regalia Credit Card users helping them to customize their travel experience.· Comprehensive air travel cover: Cardholders are eligible for air accident death cover of Rs.1 crore, emergency overseas hospitalization cover of Rs.15 lakh, and credit liability cover worth Rs.9 lakh.· Airport privileges: Enjoy priority check-in and waitlist clearance, additional baggage allowance, and an option to earn 9 Club Vistara Points on every Rs.100 spent on the card. 

A credit card is a bit like a sharp knife — it’s a very handy tool, but it’s capable of inflicting horrendous damage if used improperly. The same advice applies to both of them — choose the right tool for the job, and follow the safety rules.So when you choose to get a credit card, first ask yourself these seven questions:Get full information at this link: https://cardinsider.livejournal.com/2771.html1. Why Are You Considering Getting a Credit Card?Are you considering getting a credit card to build credit? If this is the case, you need to make sure that you act responsibly with your card. You should pay off the balance in full each month, and not use your credit card for things you otherwise can't afford.Another reason why you would be considering a credit card is to borrow money for your big purchases instantly, without withdrawing the amount from your savings account or investments. You can purchase goods, pay for food, take care of your medical expenses, pay for your travel and other lifestyle products and services using your credit card and let the money in your savings account earn interest till your next billing cycle.Credit cards also eliminate the need for carrying cash around for shopping, especially when you are traveling. You can swipe it at a point of sale machine or use online or mobile banking to make payments. The most important thing you need to keep in mind if you are considering getting a credit card is that you need to continue to stick to your budget. Remember, it may be easy to put that new pair of shoes on your shiny new credit card, but you will eventually have to pay that money back.Tips:• Limit the number of credit cards that you have.• If you are getting a new card because another one is maxed out, you should not get the new credit card. Instead set up a budget and work on paying it off.2. What is the Interest Rate?Many cards will lure you with an introductory interest rate, or APR (Annual Percentage Rate), of 0%. While this may seem like a great deal at the time, be sure that you can pay off your balance during the promotional period. If not, you'll be forced to pay on your card with the new interest rate, which will probably be higher. It may even jump to 15-20% or higher. 

Axis Bank comes with Magnus Credit Card which you can avail to enjoy various rewards and benefits. You can easily apply for Axis Bank Magnus Credit Card by either applying for it on the official website of Axis Bank or visiting the nearest branch of the bank.Axis Bank has launched the Magnus credit card that is aimed specifically for those that enjoy the finer things in life. The card is a gateway to a luxurious lifestyle as it provides concierge services, discounts on luxury hotels, dining, and so on.Get full information on this link: https://posteezy.com/axis-bank-magnus-credit-cards-1Eligibility Criteria for Axis Bank Magnus Credit CardGiven below are the eligibility criteria you will have to fulfil in order to apply for Axis Bank Magnus Credit Card:· Your age must be between 18 years and 70 years· The add-on cardholder’s age must be over 18 years· You should be an Indian citizen· Your minimum annual salary must be Rs.18 lakh or the Annual Income Tax Return filed must be for Rs.18 lakh

Axis Bank comes with Magnus Credit Card which you can avail to enjoy various rewards and benefits. You can easily apply for Axis Bank Magnus Credit Card by either applying for it on the official website of Axis Bank or visiting the nearest branch of the bank.Axis Bank has launched the Magnus credit card that is aimed specifically for those that enjoy the finer things in life. The card is a gateway to a luxurious lifestyle as it provides concierge services, discounts on luxury hotels, dining, and so on.Get full information on this link: https://posteezy.com/axis-bank-magnus-credit-cards-1Eligibility Criteria for Axis Bank Magnus Credit CardGiven below are the eligibility criteria you will have to fulfil in order to apply for Axis Bank Magnus Credit Card:· Your age must be between 18 years and 70 years· The add-on cardholder’s age must be over 18 years· You should be an Indian citizen· Your minimum annual salary must be Rs.18 lakh or the Annual Income Tax Return filed must be for Rs.18 lakhBenefits on Fees and Charges – Customers get the following benefits on fees and charges:No fees on cash withdrawalOnly a 2% mark-up fee on foreign transactionsFinance charges of just 2.5%Fuel surcharge waiver of 1% for transactions between Rs. 400 to Rs. 4,000Documents Required for Axis Bank Magnus Credit CardGiven below is the list of documents you will have to submit in order to apply for the Axis Bank Magnus Credit Card· A photocopy of your PAN Card or Form 60· Proof of income such as IT returns a copy, Form 16, or the latest pay slip·Proof of residence such as passport, landline telephone bill, electricity bill, etc. 

There are many reasons for considering an American Express Credit Card – here are just a few: Financial flexibilityBoost your spending power with a Credit Card, allowing you to buy now and pay later Rewarding offers and benefitsAs an American Express Cardmember, you’ll have access to offers across travel, dining, retail, wellness, and more. So you could indulge in curated dining experiences, enjoy exclusive retail offers or treat yourself at the spa.  Get full information on our blog: https://karannegii.wordpress.com/2022/09/02/how-to-get-american-express-card-in-india/  With Amex Offers, you can even choose treats tailored for you. Just log in to your online account and save the offers you like with a single click. Experience world-class service with all our Credit Cards 24x7 Platinum AssistNo matter your query, you’ll get 24x7 Card Related Assistance. Wherever you are, just reach out – we’re always ready to help. Online servicesView and manage your account anywhere in the world by using your Online Card Account, or the American Express App. Contactless paymentYour American Express Card offers the additional benefit of contactless payments; a secure and smart way to pay for all purchases below INR 5,000. Simply tap your Card on the contactless machine at the point of sale, and you won't need to enter a PIN. Zero Lost Card LiabilityShould you lose your Card, American Express’s Zero Lost Card liability protects you against any fraudulent transactions made with your Card. Just report the fraudwithin three days, and your liability will be nil. Emergency Card replacementIf you lose your Card, we’ll usually replace it within 48 hours, wherever you are in the world, so you can carry on with your plans. Online Fraud Protection GuaranteeOur early detection systems monitor potentially fraudulent activity. In the unlikely event that you are a victim of Card fraud, and you have taken reasonable care, you won't be held responsible for any fraudulent charges. Membership RewardsFeel rewarded with one of the most powerful rewards programs, allowing you to earn Membership Rewards Points every time you spend.   

A credit card billing cycle is simply the time period between billing statements. The length of your billing cycle varies from issuer to issuer and may range from 27-31 days. At the end of your billing cycle, your statement is compiled by your credit card provider and you have until your due date to make the payment.Get full information about this click here:- https://kirtibhargav.substack.com/p/credit-card-billing-cycle Let us understand this with a simple example:Assume your credit card statement is generated on the 6th of each month. Your credit card billing cycle will begin on the 7th of the previous month and will end on the 6th of the current month. During this time, all credit card transactions will appear on your monthly credit card statement. This includes all credit card payments, cash withdrawals (if any), and ongoing credit card EMIs. In this example, we have considered the billing cycle to be of 30 days, but it may vary depending upon the type of card and your credit cad provider.