Whenever you do online shopping, the discount offer is seen only on the credit card, in such a situation you must be wondering what is the benefit of credit card, so in today’s post you will know about 5 such benefits, after knowing which you will also say wow! Credit card is a cool thing.
But before that I would like to tell you what a credit card is and how it is different from a debit card.
What is Credit Card?
Credit card is also a plastic card similar to the one seen in debit card or ATM card but its function is different.
For example, if you have to do online shopping with debit card or ATM card, then when you buy something, you can buy it only with the money you have in your bank account and if due to some reason the money in the bank account gets exhausted, then after that you will have to pay for it in some way or the other. have to borrow from
But if you have a credit card, then you can use the amount of money on your card anytime as per the limit.
This is a kind of lending service which is provided by a bank or a finance company. Suppose you have got a credit card from a bank whose limit is Rs 1 lakh, then if you ever need up to Rs 1 lakh. You can use credit card.
Credit card kaise milega? How To Apply Credit Card
However, if your financial condition is good then the credit card company itself will search for you and ask you to take a credit card, but if it is not so, then you can also apply directly.
If the account is in any bank, then you can take a credit card from that bank also, but even if you do not have it in that bank, you can also take a credit card. Let us understand it better.
Suppose your bank account is in SBI but you want to take a credit card from HDFC Bank, then you can easily take it, but for that your CIBIL score should already be good or everything should be clean, now let us first look at the benefits of credit card. understand about.
What is the benefit of credit card?
There are many benefits of credit card which you will be able to understand from the points.
What is the benefit of credit card?
There are many benefits of credit card which you will be able to understand from the points.
Improve Cibil Score Instantly
Suppose your CIBIL score is bad due to any old reason, then credit card will help a lot in improving your CIBIL score.
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If you are thinking of improving your CIBIL score in a normal way then no problem but if you want to improve your credit score instantly then you must use a credit card.
Cashback and Discount Offer on Online Shopping
If you have noticed, there are credit card related offers on e-commerce websites like Amazon and if you use the credit card of a particular company, you will also get a discount of up to 10%.
Such offers are given by both different credit card companies and shopping websites through mutual deals and as a customer, if you get the benefit, then what could be better than this, isn’t it?
Well, there are many websites where the option of giving cashback is also available.
Use Now And Pay Later or In EMI
The biggest advantage of credit card is that if you do not have money in your bank account then you can do your work using credit card and later if you pay within the time limit then it is good, otherwise later you can take loan from it. Like, you can also convert it into EMI and pay with interest.
Credit Card Rewards Point
Friends, the more you use your credit card, the more reward points this company gives you, using which you can do shopping later, whereas if you have an ATM of any bank, then on the contrary, you will have to pay a charge for using it more. Is
If you use the debit card of your bank account for online shopping, then even if you do not take extra charge, you will not get any cashback offer, whereas in credit card you will definitely get rewards.
Credit card se bank account money transfer
If you want to transfer money from credit card to your bank account and withdraw money from ATM in cash, then this option is also available, but for this you write in the comment that you want to learn this, then I will definitely write a detailed article for it.
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