Credit Card

Credit Card
Credit Cards Are Named As Plastic Money Also. Credit Card Is Very Convenient Ways Of Making Payments While Shopping. The Big Advantage Of Credit Card Is That You Don’t Have To Carry Cash For Shopping. While Shopping With Credit Card You Can Get Reward Points On Each Purchase Made. Only Banks Are Permitted To Issue Credit Cards.
Advantages Of Credit Card
1) Credit Cards Can Save Your Time And Trouble—No Searching For An ATM Or Keeping Cash On-Hand.
2) Credit Card Statements Can Help You Track Your Expenses. Some Cards Even Provide Year-End Summaries That Really Help Out At Tax Time.
3) You Can Use Revolving Credit To Save Today (E.G. At A One-Day Sale), When Available Cash Is A Week Away.
4) Cash Advances Are Quick And Convenient, Putting Cash In Your Hand When You Need It.
5) From Frequent Flier Miles To Discounts On Automobiles, There Is A Program Out There For Everyone. Many Credit Card Companies Offer Incentive Programs Based On The Amount Of Purchases You Make.
6) Controlled Use Of A Credit Card Can Help You Establish Credit For The First Time Or Rebuild Credit If You've Had Problems In The Past--As Long As You Stay Within Your Means And Pay Your Bills On Time.
7) Most Credit Card Companies Will Handle Disputes For You. If A Merchant Won't Take Back A Defective Product, Check With Your Credit Card Company. .
8) Many Credit Card Companies Offer Low Introductory Interest Rates. These Offers Allow You To Move Balances To Lower-Rate Cards.

Caution While Using A Credit Card
To Maintain A Good Credit Score In CIBIL It Is Always Advisable To Pay Your Credit Card Dues On Time In Order. A Bad History Or Credit Score Can Be A Cause For Rejection Whenever Anyone Applies For Any Kind Of Loans In Future,. If Due To Poor Credit History One Is Not Able To Get A Credit Card, Then One Can Apply For A Secured Credit Card. These Are Issued Against Their Term Deposit In The Bank.