Currently, lucidity has no problem because a lot of ways, we can take credit in the current situation. When we compare previous time no money in our pocket but now we have a lot of ways to take money from the market.
I am not aware the benefits of credit card previous time but today I want to share my personal experience. A credit card is very useful in the current situation because now a lot of reward and benefits availed by use of credit card. So that we can easily take benefits of a credit card.
I am using a credit card for many years but now I want to issue a new card in my name so that I apply in Kotak Mahindra Bank and take a new credit card.
How can we select the best credit card?
When we choose a credit card it is not an easy task, it is not an easy task like drinking cup of tea. We need a lot of search work before choose a decent card company. I want to explain you some important point before you a company of credit card.
a. credit free period
b. fee and charges
c. cash backs
e. Fuel surcharge waiver
f. Currently, more company provide the latest offer like shopping on a different site
I want to share some important points which I notice over a period of time.
1. Two movie ticket free for every month
Last week, I had received Kotak Mahindra Bank Credit Card, I saw the offer of Kotak Mahindra Bank. This credit card has one special offer if I will spend Rs 15000 then I will receive two free of cost movie ticket. That time, I have a lot of confusion my mind. Regarding of free movie ticket because every month I spend a lot of money to the movie. After that, I feel so excited also now I will save some money and try to new hobby.
2. Credit Card forty-five days’ credit limit
I want to point out, some other benefits of credit card use. Credit limit, sometimes we have no money in our pocket but we want to purchase in this case, we can easily purchase anything by credit card and pay after 45 days. This is also a good feature of a credit card.
3. Pay by Paytm by use of credit card
Currently Paytm is very useful for daily expense because small and big shop all are now using Paytm wallet to receive payment and if you have a Paytm wallet on your mobile, you can easily pay a small amount like 1 to 10 rupee to use of Paytm. In this way, we can easily manage our petty expense and record all expense easily.
4. EMI Option for payment
Now we can easily pay in installment, if you want to purchase laptop but not enough money in your pocket you can easily request to bank make an installment,
So that you can pay easily in installment. This feature also excites me a lot of because
Many time we want to purchase some useful item but not have enough money in the pocket. In this case, this is also very useful feature.
5. Payment of credit card
Now you can easily make a payment of credit card by use of mobile app of that bank and you can easily make payment of that particular bank. This is very useful for credit card payment and details expense analysis.
6. Doubt about credit card interest and payment
Why are people not using credit? two reasons of that firstly they do not aware use and benefit of a credit card. When I will start firstly credit card I have a lot of confusion my mind also
Credit Card Eligibility Criteria
Application for credit card application is different for a different bank but I want to aware some important point only
a. A minimum age for applying for a credit card is 18 years
b. Maximum age for applying for a credit card is 65 years age but depend on a bank to bank
c. A salaried person easily has taken credit card by a show of document
d. Self-employed and business person also took credit card easily