What is Credit Card?
The credit card is a form of a loan with a payment term of up to 40 days and is made available by banks and financial institutions. When you order the card, you are given a credit limit for making purchases of goods and services. ReferLoan offers a variety of credit cards, including business, travel, shopping, and many others from a variety of banks, to help you expand your horizons and try new things without worrying about money.
Why use a credit card instead of a debit card?
You can definitely use a debit card and a credit card is the same as a debit card, but with some extra benefits like:
- Credit Card provides offers, coupons, and discounts on every purchase you make.
- A credit card gives you huge cashback or points on every purchase that you may redeem later for exciting rewards.
No matter where you go and what you buy with a credit card, with every swipe you avail limitless rewards and benefits as well as cashback.
Can a salaried person apply for a credit card?
The straight answer is yes, and if your salary is more than Rs.13,000 per month, you can apply for a credit card without any problem with a huge credit limit. Once you start spending those amounts, you’ll get exciting rewards, cashback, and many more benefits.
With the card, it is possible to make purchases in installments. In addition, you can also participate in relationship programs from the brand, or from the financial institution itself.
The credit card is already enough for you with the interest rate and limits established by the bank. Fees are usually standard, but the cap is set based on your income.
Credit Card for business professionals
Business professionals are usually seen in search of credit cards because they are involved in frequent and huge transactions. Applying for a credit card can help them save lots of money and provide them limitless rewards as well. the main benefits of a business credit card are that – a business credit card comes with more premium benefits and rewards than a normal credit card.
In business Credit Card huge credit limit is also provided as well, but applying for a credit card is a difficult task because a number of documents are required.
How to Apply Credit Card Online?
As ReferLoan is the best digital platform where a person can apply for any kind of Credit Card Apply Online with expert advice as well.
ReferLoan has more than 175+ Banks that allow you to choose the best credit card for yourself digitally with the best benefits.
Visit – www.referloan.in or download ReferLoan app
Choose the type of credit card – submit the form and click apply
Our ReferLoan executive will contact you As Soon As Possible.
Benefits of Credit Card
1. Buy on credit:
You can buy anything within the limit of your card and pay later. Your monthly budget is not affected. You can pay the dues in EMI’s.
2. Most accepted method of payment:
You can use a credit card anywhere to buy anything.
3. Interest-free cash withdrawals:
Many banks’ credit cards allow emergency cash withdrawal for a certain limit.
4. Unlimited reward points:
Make banks offer reward points in return for the purchase made by the customer. Later, you can redeem those reward points.
5. Insurance coverage:
You get accident insurance coverage as well as comprehensive travel insurance coverage when you avail a credit card. This is one of the significant benefits of credit cards, which makes them attractive.
6. Discounts and cashback:
Banks offer discounts and cashback on movie tickets, online shopping, fuel, health, and wellness outlets.
8. Improve your credit score:
When you purchase by credit card and pay your bill timely, it helps to improve your credit score. You can boost your CIBIL score by paying your credit card bill in the given time period.
| Other Banks Offering Credit Cards in India | ||
| Allahabad Bank Credit Card | Andhra Bank Credit Card | Axis Bank Credit Card |
| Bajaj Finserv Credit Card | Bank of Baroda Credit Card | Bank of India Credit Card |
| Bank of Maharashtra Credit Card | Canara Bank Credit Card | Central Bank of India Credit Card |
| Corporation Bank Credit Card | DCB Bank Credit Card | Dhanlaxmi Bank Credit Card |
| Federal Bank Credit Card | HSBC Bank Credit Card | IDBI Bank Credit Card |
| Indian Bank Credit Card | Jammu and Kashmir Bank Credit Card | Karur Vysya Bank Credit Card |
| Kotak Mahindra Bank Credit Card | Nainital Bank Credit Card | Oriental Bank of Commerce Credit Card |
| Punjab National Bank Credit Card | Tamilnad Mercantile Bank Credit Card | Tata Capital Credit Card |
| UCO Bank Credit Card | Union Bank of India Credit Card | Vijaya Bank Credit Card |