What You Should Know Before Applying For Credit Card? - Letsdiskuss
LetsDiskuss Logo
Gallery
Ask Question

Anonymous

Posted 11 Apr, 2019 |

What You Should Know Before Applying For Credit Card?

Phykon com

Customer support and services | Posted 07 May, 2019

In case you're searching for a card, what you should know and do is simple - You need to choose what sort of card you need and afterward you need to apply for the card.
Keep in mind A card isn't a charge card.
One significant thing to know before choosing card is some accompanied yearly charges. Here and there a charge like this can foul up on you. Prior to sending in your application, check if there is a yearly charge. A charge card causes you to fabricate credit.

Lisa alba

blogger | Posted 07 May, 2019

If you’re looking for a card, what you should know and do is easy - You should decide what type of credit card you want and then you should apply for the credit card.

Remember A credit card is not a debit card.

One important thing to know before deciding card is some come with annual fees. Sometimes a fee like this can slip up on you. Before sending in your application, check if there is an annual fee. A credit card helps you to build credit.

lets user

Financial Advisor | |Updated 16 Apr, 2019

If you are planning to apply for your credit card, you must know a few things about it.


First, there is a big difference between your regular ATM cum debit card and credit card. Many tend to make mistake in this regard. So it is important you learn about it. A credit card is a plastic card that allows the user to purchase the product on credit. Once you buy the product through your credit card, your bank will start deducting money every month for that purchase till the amount is repaid.


Obviously, it is a great help for customers who can easily make a purchase even when they do not have cash with them. Depending upon one’s income, the bank gives a credit limit. You need to make a purchase within that credit limit. And not just banks, various NBFCs such as Bajaj Finserv also issue credit card. All you have to do is to apply for credit card.


It takes around 7 to 10 days to get your credit card activated once you receive the card from the bank. Always make sure that you check the activation time from the bank or NBFC before you apply for your credit card.
Keep good transaction reports and credit score in order to get a credit card quickly.