How many people prefer balance transfer on credit cards? The reality is a big chunk of the credit card holders don’t have a clear concept about it. Actually, it is a feature that allows you to move your outstanding balance from one credit card to another. And, usually, it happens at a lower interest rate. … Read more
Credit card holders often get messages on their smartphones regarding the credit card EMI facility. However, not many people possess a clear concept about it. And this lack of knowledge unlocks a question in the users’ mind. They want to know what the ‘credit card EMI’ actually means. It is actually a facility that allows … Read more
There is always curiosity regarding the grace period in credit cards among the users. Even many card holders don’t understand the importance of this period. Actually, this grace period is the time window between your billing date and payment due date. And during this time, you can pay your dues and avoid interest as a … Read more
Using multiple credit cards can be beneficial. And you can obtain these benefits if you manage them properly. However, this usage of several cards may come with certain risks. And so, users should be aware of them. Nowadays, keeping more than one card is a very common trend. Many people often do this in order … Read more
Online payments are common nowadays, and so OTP and security features in credit cards play a crucial role in keeping your transactions safe. Notably, on the one hand, these OTP and security features help to verify your identity. And, on the other hand, this system prevents the unauthorised use of your credit card. What Is … Read more
Not many users discuss thehidden charges in credit cards. However, these charges can quietly increase your expenses if you ignore them or remain unaware of how they work. Most of the credit card users often focus only on rewards and benefits. They feel less interested in thinking of these lesser-known fees. However, the reality is … Read more
Have you ever made a comparison, such as business credit cards vs. personal credit cards? Well, the answer to this question gives birth to another vital question, i.e., do you need a credit card for daily use or business operations? There is no denying that both types of cards look similar. But they are designed … Read more
Many credit card holders face a situation when they can’t understand whether they should upgrade or close a credit card. And this situation emerges when the cardholders’ financial needs evolve over time. Now, if you understand when to take either step, then you can easilyavoid unnecessary costs, and simultaneously you can ensure better use of … Read more
A CIBIL score for credit card approval is very essential. This score is one of the first salient features that lenders look at when you apply for the credit card. However, it is true that the CIBIL score is not the only factor that decides approval. Most card-issuing authorities rely on your score to measure … Read more
The usage of a credit card is crucially associated with the credit card charges. So, before you choose to use a credit card, you need to understand what these charges are and how you can address them. Yes, credit card charges are indeed an essential part of using a credit card. And possessing a clear … Read more