Card Insider

Many individuals think that credit cards should only be used for major purchases and unexpected expenses, not for regular spending. It is important to understand one of the most common misunderstandings around credit cards. As long as you don’t go over, there is no danger in using your credit card for everyday purchases. If you’re one of those people who think credit cards shouldn’t be used for regular purchases, you should read this article to see why it might beneficial to do so: Should you use your Credit Card for everyday Purchases? Yes, you are free to use credit cards for regular transactions. It is much simpler to use a credit card than cash or a debit card if you know how to use one properly, so you should use one everywhere you can. The credit utilization ratio, payment due dates, etc., are just a few factors you should keep in mind while you do this. The following are the major advantages of using a credit card for regular purchases: Benefits of making daily purchases...

No-cost EMIs is beneficial to clients, but not everyone is aware of this since they let you make large purchases and pay you back in flexible installments without paying any interest. In this article, we will discuss what free EMI offers on credit cards, how they help consumers, how you may gain benefits from them, and whether you should choose them or not.   How Does No Cost EMI Works? Let’s imagine a buyer wants to buy a smartphone for Rs. 30,000. The annual interest rate is 13%, and you are selecting a 3-month EMI plan. Therefore, over the three-month term, the total interest on this loan would be Rs. 638. No Cost EMI Plan EMI Plan Rs. 10,000 × 3 months Interest (p.a) Rs. 638 (13%) Discount Rs. 638 Total Cost Rs. 30,000 After the order is placed, the discounted value of Rs. 29,362 will be paid to the bank which is Rs. 29,362 (Rs. 30,000 - Rs. 638). Within 4 to 7 ...

Introduction Credit cards have their fair share of benefits and drawbacks, just like any other kind of credit or loan. On the other hand, it grants someone the freedom to make purchases without concern for their financial situation. However, skipping payments on credit card balances can send a person into a loop of increasing debt. There may be circumstances in which it makes sense to delay paying using a credit card, especially if there is a financial crisis. But in addition to late payment fees, skipping credit payments might have penalties that have a long-lasting impact on one’s financial situation. To make things simpler, many card issuers provide a choice to transfer your existing debt to another credit card using balance transfer credit cards which provides a time limit during which you must pay either no interest or a reduced rate. The following are some drawbacks of delayed credit card payments. Higher Rate of Interest Credit card companies often charge a penalty interest rat...

The use of cards and other forms of plastic money is something we all do on a regular basis to make purchases. It is pretty safe and a great way to avoid carrying cash around. Payments can be done with a debit card, credit card , or even through your phone. You may use this as a payment option almost anywhere you go and which makes it quite easy to pay. It is becoming a necessary form of quick money and has replaced cash payments all over the world. Especially, phone payments are common and popular among individuals. You can pay for items in the shop, online, or even through apps. By this, you can avoid carrying extra cards or cash.  Types of Plastic Money Plastic money comes in a variety of forms. But the most used are credit cards and debit cards. Debit Cards Customers can use their debit cards to spend money that is already in their bank accounts. With a debit card, money is transferred from the customer’s bank account to the retailer’s account. You can get cash from an ATM or b...

  While most credit cards offer numerous benefits the one that saves many people from headaches is the fuel benefits they offer. Not only do some credit cards involve benefits involving fuel perks but there are many fuel credit cards that are specifically designed while keeping in mind the fuel benefits. It's remarkable how increasing credit card deals are being made for fuel transactions at such a point while the cost of gasoline and diesel is reaching fresh record levels. Co-branded credit cards have already been introduced by a number of card issuers in collaboration with fuel suppliers. Reasons to use a credit card for fuel purchases: Convenient: Through credit cards, you may pay for petrol as well as various items and facilities at filling pumps without needing to pay from your own pocket. This seems to be accurate if your credit line's total amount is present. When using a credit card, customers are given till the billing date to settle any transactions completed through...

  Nowadays, the majority of individuals use credit cards, whether it's because of the buy now, pay later option, wonderful rewards, the ability to raise one's credit score, cashback benefits, or the premium perks they receive from the card.  If you're a shopaholic, you can acquire a credit card specifically designed for shopping so you can buy your favorite brands while also receiving incredible bargains and discounts. Similar to that, cashback credit cards provide you with cashback on every transaction you make. There are also travel credit cards, which offer customers, particularly regular travellers, travel perks like free access to lounges, airline tickets, airline memberships, etc. In addition to offering you travel insurance and no foreign exchange fees, some of the best travel credit cards also include the following: Benefits and rewards offered by travel credit card: Lounge access: As we are talking about travel credit cards, we cannot miss mentioning lounge access...

The Axis Vistara Signature Credit Card and the Club Vistara SBI Card PRIME are two credit cards that Axis Bank and SBI provide with Vistara Airlines. Both of these credit cards provide rewards for traveling, including free flights, Club Vistara rewards, entry to lounges, travel insurance, and many other perks. CLUB VISTARA SBI CARD PRIME: In partnership with Vistara Airlines, the State Bank of India offers a high-end credit card called the Club Vistara SBI Card PRIME Credit Card. This SBI credit card has top-notch advantages and provides a variety of perks for travel in addition to other areas like insurance protection and rewards. Joining fee: Rs. 2,999 (plus applicable taxes). Renewal fees: Rs. 2,999 (plus applicable taxes). Benefits: Welcome benefits consist of free membership to Club Vistara Silver and a free Premium Economy ticket. Flexipay EMI option is offered for transactions exceeding Rs. 2,500. Travel privileges involve free access to Priority Pass Membership and eight entri...