Deepshikha

Credit cards are a great financial tool to add to your wallet but it is strenuous to choose one type among so many available types of credit cards. The two most popular ones are the cashback and reward points-based credit cards. The key to choosing the right type of credit card is identifying your needs and spending habits first and then selecting the ones which complement your requirements. With that being said, hereunder we have discussed the cashback and rewards credit cards so that the concept behind those credit cards can get cleared to you and how are these two different from each other. Without any further ado, kick start your research.    What is a cashback credit card? Cashback credit cards are those credit cards whose incentives are based on a percentage of your spending. You get a certain percentage back in your account in the form of cashback. Currently, the most popular cashback credit card is the ICICI Amazon Pay card as it is a lifetime free credit card...

Having a credit card is one thing but using it to your advantage is another. If you are not using your credit card wisely then there are chances that you will face some unfavorable situations like debt. We have covered some of the tips for you so that you can maximise the benefits of your credit card. Keep reading to kick start your research. Choose the right card: The first and foremost thing that you need to begin with is choosing the right credit card. You need to begin by identifying your needs and spending habits and comparing credit cards in order to find out which credit card matches your requirement. Having the right credit card maximises the 50% of the credit card benefits other half depends on you how wisely you use it. Check here: List of Top Credit Cards Available in India Make the most out of rewards: Once you have received your credit card make sure that you use it for those transactions only that let you earn reward points. Using a credit card to earn reward points ma...

When financial institutions decide on giving you a Credit Card, they are increasing their risk because most Credit Cards are Unsecured. The only way for financial institutions to determine whether to give you credit is based on your CIBIL Score / Credit Score. A Credit Score is a number between 300-900, which indicates the creditworthiness of an individual. The higher the credit score, the higher chances it is for you to get the loan sanctioned. A credit score lower than 600 is considered to be a poor or bad credit score. It would be difficult for people to get a Credit Card on having a bad credit score. So, what will you do if that is the case? How to get a credit card with bad credit? Here are the Probable Solutions: #1: Go for a Secured Credit: A secured credit card is a form of credit card that is backed by the cardholder's cash deposit. This deposit serves as account security, ensuring that the card issuer is protected if the cardholder is unable to make payments. Whe...