If you use RuPay Credit Card for your payments and transactions then this article is for you because in this article we will tell you what advantages and disadvantages you can get with RuPay Credit Card. Along with this, we will tell you how to use your credit card smartly. Let us know about it.
New Delhi. The use of credit cards has increased significantly in the last few years. Even though we find it easy to use. But the more you spend through credit cards, the more you fall into the trap of debt. In such a situation, it is very important that you use your credit card.
In this situation, using RuPay Credit Card smartly can give you many benefits. Let us tell you that RuPay credit card was introduced by National Payments Corporation of India (NPCI). Banks can issue RuPay debit and credit cards in partnership with NPCI.
Benefits of RuPay Credit Card
- Transaction charges on RuPay Credit Card are lower than Visa and MasterCard. The reason for this is that banks fix the transaction fees for foreign credit card companies in dollars. Due to RuPay being an indigenous card, the fee on it is charged in rupees.
- NPCI has also made this card very strong from security point of view, so that customers can be protected from fraud and scams.
- Making payment or transaction with the help of RuPay card is very fast and smooth. The reason for this is that its servers are located in India.
- It is very easy to make payments using RuPay card with the help of different UPI apps, because you can easily link it to your UPI.
- The annual maintenance charge on RuPay card is also very low, along with this its joining fee is less than Rs 500.
- You can easily use RuPay credit card at restaurants, businesses and hotels.
RuPay Credit Card Limits
- It can be used to a lesser extent abroad, as RuPay Credit Card currently has limited acceptance on POM abroad. But the Reserve Bank is considering launching RuPay Prepaid Forex Card to increase the scope of acceptance of this credit card outside India.
- In RuPay card you get lower credit limits as compared to Visa or MasterCard. In such a situation, it can create obstacles in making big purchases.
- Different banks have different RuPay card limits, so you may have to work hard to find the best option.
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