Card Insider

  A credit card comes with a lot of jargon, such as minimum payments, late fines, due dates, grace periods, billing dates, etc. Confused as to what each phrase means? To get the most out of a credit card, a cardholder must be familiar with all of its terms before using it. Lack of understanding may prevent you to get the most out of all the credit card benefits. Learn everything there is to know about the credit card billing cycle in this article. What is the billing cycle? At the end of the billing cycle, you receive a monthly credit card statement that lists all of your transactions that occurred during the billing cycle. During a billing cycle, you are given a month to use your credit card’s limit to pay for the transactions. If, for instance, you receive your credit card bill on the first of every month, your credit card billing cycle would begin on the first of the previous month. Depending on the payment card, the billing cycle may vary. The billing due date is the day after the

Every lender or credit card checks your CIBIL Score while processing your application for a loan or for a credit card. Not having a credit score can upset you because you think you won’t get a credit card without it. But, there are certain ways that can help you in getting your first credit card. Hereunder are some ways that you can use to get a credit card without the CIBIL Score. Keep reading to kick start your research. Get an add-on credit card: If your family member has a credit card then request them to get you an add-on credit card. You are required to meet the minimum age of 18 years to get an add-on credit card. There is no fuss while getting this credit card. You will get to enjoy the same features and benefits on an add-on credit card exactly as the primary credit card. However, some credit card issuers limit the benefits and features of the add-on credit card. For this type of credit card, you are not required to have a CIBIL Score. Get a secured credit card: You can a