WHAT IS A CREDIT CARD?
How To Apply Credit Card Online?
Log in to CreditKaro.com
Locate the “Credit Card” tab on the home Page and click on it
Provide necessary details to sort and filter out your preferences.
Choose from the displayed products and click on “compare”. .
You can compare up to 3 cards. .
Select the one that suits you and click on “Apply”
Credit Card for you
Find The best credit cards in India
Standard CREDIT CARD
This is the most basic credit card with nominal annual and joining fee.
Travel CREDIT CARD
These credit cards can earn you frequent flyer points and executive lounge access when you purchase tickets using them.
CashBack CREDIT CARD
These cards earn you cashbacks on every transaction at partner outlets and merchants.
Fuel CREDIT CARD
These cards can earn you fuel points on making transactions at fuel pumps and helps you save money on fuel surcharge.
Reward CREDIT CARD
These are the type of credit cards through which you can earn reward points on each transaction and use those reward points for future transactions.
Co-Branded CREDIT CARD
These cards feature the co-promoter’s logo/name on the card, these cards can earn you discounts and points at the co-promoter’s outlet.
Tips to use your Credit Card Smartly
These tips will help you to apply for Credit Card online
1. Keep An Eye On How Much You Spend:
The most important thing to keep in mind is that you need to track the expenses which you make with your credit card. Make sure, you are adding it to a list of expenses every time you use your credit card transaction. This practice is very essential as it will save you from potential debt trap.
2.Check Your Credit Card Statements:
You must keep a close watch on your credit card statements, these statements give you a clear picture of your credit card expenses and shows all the petty charges that you have missed out on. This habit will also help you tally the actual expenses with the list you have made.
3.Use Your Rewards And Bank Offers:
After you have activated your card, you could be eligible for a welcome benefit and reward points on making purchases or cashbacks on using your credit card. These offers are earned by you because you have qualified for it so use these benefits in your favor while these offers last.
4.Know Your Limit:
You must control your credit card and not the other way around. It is particularly important to know the ideal credit limit for you. You must know how much money you require to cover all small and big expenses. Too high a limit can tempt you to spend unnecessarily and you could fall into a debt trap. A small credit limit cannot handle your big expenses, so it is important for you to know the ideal limit so that you can request your bank to provide you the same.
5.Do Not Miss Out On Due Dates:
Payment of your credit card bills are especially important to your credit health. Make sure you always pay your dues on time. By paying your credit card bills on time you are not only avoiding added interest but also you are doing good for your credit report, If you do not make your payments on time, it may directly have an impact on your credit score.
6.Do Not Get Tempted By Minimum Due Payment:
It is a common notion that paying minimum due amount will buy you some time to pay the whole amount. This notion is not considered to be smart because you are only inviting extra penalties and heavy interest rate to your bill. I order to avoid falling into this trap pay your dues in full every month
Benefits of Credit Card?
EASE OF CREDIT
Carrying a plastic card in your pocket is much easier and safer than carrying hard cash, moreover there might be a situation where an individual does not have liquid cash but needs to make a big payment, this is where the credit card comes in to remove this hindrance.
There is usually a notion that credit cards are only used to make big one-time payments, but one can also add a credit card to their monthly biller and make recurring payments like electricity bills, gas bill, phone etc.
Many credit cards have cashback offers on them, which means when you make a certain purchase from partner outlets, you get a certain percentage of that purchase as cashback which is then deposited into your account.
There are many credit cards which carry reward offers, these cards are generally called “Reward cards”. These are cards with which you can earn reward points on each transaction and use them for future purchases.Best Rewards Credit Card 2018 in India.
Credit Card FAQ ?