Loan

Compare Best Credit Cards in India

• Option to get lifetime free credit card
• Apply for a credit card and get options like high rewards card, cashback card and others
• Use credit card to convert purchases in EMIs and reduce your burden of paying whole bill at one time

What is a credit card?

• With the rise in online trading through plastic money, credit cards have become extremely popular these days. They are a great financial tool and a better alternative to cash that eases out your online transactions. You can even apply credit card online. One of the great benefits of using this instant credit availing card is that you have to pay monthly bills on the later set date each month. It comes as a plastic card to be swiped on the point of sale terminals placed at the merchant establishment (such as a shopkeeper) or used for making digital payments.
• Credit card benefits are plenty in number and diverse as well. The most popular credit card offers include different segments like entertainment cards, fuel cards, cash-back cards, student cards, women cards, travel cards, business cards, and low-interest credit cards, among others. Many banks also offer instant credit card without any credit card charges to its valued customers. Generally, they do not require any joining fee or annual fee.

Credit Card Benefits

Credit card is simple and easy to use. Here are some of its benefits:

1. Recurring Payments: You can use a credit card to set for recurring payments of your electricity bills, phone bills, etc.
2. Free Credit: Each credit card has a grace period of 40-50 days. So, if you make a purchase and repay it completely within the grace period, then no interest will be levied. However, if for once the interest rate is charged on your bill, then the grace period will no longer be applicable.
3. Credit Score: Not many people know, but the credit card is one of the best ways to improve your credit score or build a credit history for yourself.
4. Convenience: Carrying cash everywhere no more feasible nowadays, nor it's completely safe. However, you can easily carry a small plastic card with you where ever you go and make the transaction with a simple card swipe.
5. Cashback and Discount: Credit card offers to provide a host of benefits, cash back, and discount deals on store shopping, fuel, online shopping, dining, travel, etc.
6. Rewards: Each time you use a credit card, you accumulate certain reward points based on the card and the bank. You have the option to redeem these points to get gifts and vouchers.