The number of card transactions has increased. But there are many people who know all the rules related to credit cards.
After the life-threatening infection of corona, citizens are now preferring card payments and online payments over cash. This has led to a huge increase in card payment transactions in the country.
Whether it’s a debit or a credit card, people’s trust has already increased. According to statistics, 1.5 crore credit cards are distributed in the country every year. The number of card transactions has increased. But there are many people who know all the rules related to credit cards.
Credit and debit cards have many rules and special features. But without this information, consumers will not be able to take advantage of it. Here are the key features to know
Get a habit card – The most important thing is to choose the right card. Bank employees contact you several times to make a credit card. But before taking any card, you should think about the method of expenditure. That is, if you are using your own bike, you should get a co-branded fuel card. This card gives you a huge discount on fuel.
Avoid high interest rates – Credit cards offer you free credit. But if you miss the week, you have to pay more. Therefore, to avoid costly payments, it is important to pay on time. Therefore, these issues should not be taken into consideration while taking the card.
Is it appropriate to have more than one card? – The more cards you use, the more you spend.
But people advise having more cards to buy more items. Having more cards will enable you to take advantage of more deals.
