Credit cards are one of the most popular modes of payment. This card that is so easily swiped at any store has a number of advantages associated with it. When you use a credit card in a disciplined manner, you can avail of the best deals and offers. It is the simplest way of replacing funds anywhere you go. There are number of banks that offer credit cards in India such as Axis Bank, ICICI Bank, Yes Bank and many others. Take a look at the advantages and choose the bank which gives you the best offers on credit card.
Free of interest
Every bank issues a credit limit to the credit card holder. This is the maximum amount of money you can expend on your credit card. The statement for the credit card is generated every month along with the amount to be paid before the due date.
Tip: If you have paid the entire amount before the due date, you will not be charged interest on the same.
Signup Bonus
Most of the banks offer signup bonus on credit cards when the new card is approved. The benefits extended to the card holder can be in the form of travel miles, bonus points, cashback, or a free gift.
Tip: You must compare signup bonus offered to you by several banks. Here are the Best Credit Card Signup Bonus Offers of 2016
Credit History
One of the advantages of having a credit card is that it enables you to build your own credit history. The timelier your payments, the better will be your credit score. If you wish to apply for a loan, your credit history will be looked at by the respective bank in order to consider you as a loan applicant.
Tip: Pay your dues on time.
Cashback
Quickly becoming popular among credit card holders, cashback is something everyone wants to take advantage of. It is possible to earn it on every rupee that you spend. This can range from 0.25 per cent to 1 per cent, depending on the type of card you hold.Apart rom this there are many more offers on credit card
Tip: Check for the number of points you earn and the point value.
Check out this video below on how to apply for credit card
Free of interest
Every bank issues a credit limit to the credit card holder. This is the maximum amount of money you can expend on your credit card. The statement for the credit card is generated every month along with the amount to be paid before the due date.
Tip: If you have paid the entire amount before the due date, you will not be charged interest on the same.
Signup Bonus
Most of the banks offer signup bonus on credit cards when the new card is approved. The benefits extended to the card holder can be in the form of travel miles, bonus points, cashback, or a free gift.
Tip: You must compare signup bonus offered to you by several banks. Here are the Best Credit Card Signup Bonus Offers of 2016
Credit History
One of the advantages of having a credit card is that it enables you to build your own credit history. The timelier your payments, the better will be your credit score. If you wish to apply for a loan, your credit history will be looked at by the respective bank in order to consider you as a loan applicant.
Tip: Pay your dues on time.
Cashback
Quickly becoming popular among credit card holders, cashback is something everyone wants to take advantage of. It is possible to earn it on every rupee that you spend. This can range from 0.25 per cent to 1 per cent, depending on the type of card you hold.Apart rom this there are many more offers on credit card
Tip: Check for the number of points you earn and the point value.
Check out this video below on how to apply for credit card
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