Latest Posts
|8 Facts about Foundation Boxes that will boost your Sales|Wanna extensive care of your products? Use toy boxes|What Caused YouTube to Go Down?|Tips For Using Custom Cereal Boxes To Get Ahead of Your Competitors|How To Configure Repeater Mode In SignalTech WiFi Range Extender?|What Make up a Luxury Home? Comforts to Expect|7 Best Online Movies and Series Streaming Apps|What is Amazon ERC, its advantages and how it works ?|Things to consider about Rebuilt Engines|Tip to Select the Best Credit Card in India?|Insights of a good Education in 2021 Perspective|What Happens When You Fall in Love? 10 Exact Signs|Tourism Australia: 10 Sites Worth Visiting In Australia|Advantages of Utilizing Instagram Reels for Brands|What are the new trends and innovations in the packaging industry?|Kasol Kheerganga: the best hiking trails in the Himalayas in 2021!|Plan your trip to Andaman Nicobar|BEST PLACES IN LEH LADAKH AND TRAVEL GUIDE |Similarities Between Architecture And Music? Interaction|Best lifestyle tips to avoid diabetes complications|Essential Tactics To Secure Your Dlink DIR 822 DB Wireless Router|Why You Need To Use Airport Transfers Cancun Services?|What Is PMAY and How to Apply For It|Water Purifier You Can Choose that has A High TDS Level?|Great Actors that are no longer seen on Film sets|Techniques To Customize The Setting Of Tplink 300Mbps AP|How to Calculate your Mortgage EMI?|Skilled Independent Visa Subclass 189 – What You Need To Know|Consider these factors when ordering a cake online|Things You Should Know About Australia Before Applying For Visitor Visa 600|How to manually setup your Netgear EX7500 wi-fi extender?|What is the best WiFi extender for a large house?|How to Choose the Right Foundation – Essential Things to Consider.|How to Buy Sofa Set Online – Tips and Tricks|6 Advantages of Using a Full-Service Landscaping Company|Comprehensive Guide to Child Care Courses Certification|What are the Do-follow and no-follow links?|Telemedicine Healthcare: New Horizon in Health System|Download Latest Hollywood Movies from 1337x|Guide to follow for Passport and Visa Photos|7 Amazing tricks to get more Sales using the Customized Shirt Boxes|Adjustable laptop table with the flexibility of use.|All status code and web design complete guide|Why do you need to hire the MBA in lpu?|5 e-commerce brands with creative packaging|Things to Keep in Mind in Plumbing Emergencies|The Effective Way to Seal Marble Countertops|How to Create a Perfect Modern-Style Kitchen – Forevermark Cabinetry|Easy Guide For Starting Online Floor Tile Store|What is Considered Routine Maintenance on a Car?|Need of EIN to Business in the U.S.|Why Does Drug Rehabilitation Centre Be The Best Place To Get The Treatment?|Some effective approaches to sale kitchen stuff|Is it better to get rental skis or buy them?|Dinosaur Drawing Doesn’t Have To Be Hard. Read These 8 Tips|Katherine Langford, An Actress Who Keeps Moving Forward|Personalised gifts for Sister on Raksha bandhan|Top 6 Unique Green Rakhi Gifts for siblings in 2021|Why Should You Install Insulating Glass in Any Workplace?|Why cakes are important for celebrating any occasion?|Data lakes and log analytics: A historical sketch and future scop.|Best Platform for Practicing the CA Exam Series|What is New in Food Packaging?|Product Impression can attained by Custom Kraft Boxes|Post amputation complications: bionics rehabilitate the ones in need|Ways to drive traffic through Instagram link in bio|Benevolent AI: A genre of artificial intelligence|How to choose the best Hand Blender for the commercial use?|19 Effective Web Design Principles You Should Know|Why choose custom printed boxes for products?|Resin furniture is here to stay!|How to Find a Good Rehab Center in Islamabad|Why should you consider Consulting Business Plan with an Expert?|A Guide to Terrarium in Singapore|Top 7 Team Bonding Activities in Singapore|How to Choose a Good Animation Studio in Singapore|Top 7 Best Ideas What You Should Know About Packaging: Cases and Labels|Understanding how accounting in Singapore works|Reasons Why Tailor-made Clothes are Better|Which Electric Scooter is best|Wolf Drawing Is Bound To Make An Impact In Your Business|can dogs eat pecans EveryThing You need To Know|Insights about Wild Flower pg Slot Game|Where Does the All White Husky Dog Come From?|The Beauty of Moving To Durham Ontario|Buy Cenforce 100 mg USA Online, Side Effects, Price|Buy Fildena 100 mg pill online | fildena 100 purple 50% Off|Tplink Deco M9 WiFi System Not Working – How To Promptly Fix It?|What is the best life insurance for you? Check out!|How to use a credit card: 5 tips to do it in the best way|How to Prepare for Mobile-First Indexing|Shop Youth Dust Bike Gear Tobbi Kids Motorcycle For Your Little One|Probiotics Benefits for Family Dogs|Kids Fashion – What You Should Get this Summer|Learning Graphic Design in UK: 5 Easy First Steps for Beginners|Let’s know about the Wavlink WiFi device highlights|Real Benefits that IoT Brings|Fritz box Wifi Router Not Operating? Its Troubleshooting Steps|How to login Linksys router using smart wifi website?|How to access Netgear Router configuration page?|You need all information on healthy Relationship|Best Parts of Duramax Diesel Performance|Simple Things You Can To Access Dlink DIR 882 device|Brilliant Ways To Operate the Amazon Eero WiFi 6 Router|The Top 11 Best IO Games to Play!|Why do exclusively necessitate a Linksys extender device?|How to Run a Facebook Contest that Increases Audience Engagement|Dlink DHP-701AV Wireless is Optimum For All Routers|Let’s Learn about the Rockspace wifi extender device 5 features|ED: What is it and how can it be treated?|Common myths and history of erectile dysfunction.|Importance of Online Schooling in today’s Era|Treat Sleepiness Using Modalert 200Mg|Find the Best Natural Treatments for Erectile Dysfunction|Daytime Sleepiness is making you the sleepy hollow|Can I Extend The Router’s Network With BrosTrend Range Extender?|How do I access the Dlink camera with its high-tech features?|Read Reviews for BitMex Trading-Platform|Trying hard to fix Canon Pixma TR4520 printer problem?|Does the Tp link Wireless repeater really work with WiFi routers?|Top treatments to thoughtfully consider for a stunning makeovers|What are the five specialties of the Fritzbox wifi device?|Can a male erection be treated?|Sexual health Activity and Satisfaction Ensure Marital Satisfaction|What it’s like to take Zopiclone for extreme emotional distress|Why aren’t my headphones working?|How To Become Better With Erection Dysfunction In 10 Minutes|Summer wardrobe ideas for plus size women|How to Fix Outlook mail error [pii_email_4a54df77285983c5da74]|Ben Shapiro Sister: A complete review.|Netgear Nighthawk Setup using web-based Utility|What do you need to know about the Genesys GCP-GC-IMP test?|Leh Ladakh Bike Trip 2021: Complete Guide for Bikers|Valley of Flowers Trek: Best Monsoon Trek|Hampta Pass Trek 2021 : Detailed Guide|10 Surefire Techniques to Increase Intimacy in a Relationship|Cenforce Tablets: A first Class Treatment to Erectile Dysfunction|IMO Spy App: Easy Way To Spy On IMO Chat History|Manual activity is full of tutorials and creative ideas|Best Viagra and Cialis Fighting Against Impotence|E pass Singapore vs S pass work permit|6 Effective Ways Techbay Technologies Dubai Can Improve Your Business|What is an SLA? Best Practices for Service Level Agreements?|How to Manage Erectile Dysfunction When You Have Diabetes|How To Prepare The SAP C_S4CFI_2105 Exam With PDF Questions?|Ecommerce website development PSG 2021|What is a Financial Consultant and What Do They Do?|The Ultimate Guide for Nebosh Course|How to Invest in High-Growth Ecommerce Investing Insights|All New Audi E-Tron GT Quattro rewire the system|Increase Brand Awareness by Investing in Signage|House Painting in Dubai – Choosing Color for Home’s Exterior|Sandakphu Travel Guide – a hikers’ wonderland|EVEREST BASE CAMP VIA GOKYO RI|Chikmagalur Top 7 hill stations not to missed in 2021|Hampta Pass:  trip encounters after lockdown|Notable Features of MetaTrader 5|Top 5 Fast RC Cars Under $100 in The Market|Things to note when selecting the best incorporation provider|Allergan Botox: Treatment for making Wrinkles disappear|What is enhanced productivity solutions grant|Guide in selecting the best bookkeeping services|What Is the Difference Between SEO and SEM?|Study Medicine in Hungary|SEO Is the Most Effective Online Marketing Strategy for Generating Leads|Breakup Can’t Stop Your Happiness|How to fix Facebook is not responding|QuickBooks 2021 New Features: Should You Upgrade to QuickBooks 2021|Marketing Techniques to Achieve Repeated Sales Target|How useful are cosmetic display boxes for your product marketing?|What are the five best ways to have a better understanding with your teammates?|How to 100% Fix Email Error [pii_email_027301e7af80ce24cbce]|What is Methycobal 500mg? It’s uses and side-effects|How can business be beneficial by using a monitoring application|Best Tips for Using Ceramic Cookware 2021|2 of the Best Self Skin Care Products Out There!|How to Sell Your House for More Than it’s Worth?|American Airlines Flights Reservations & Online Tickets|7 Methods that can empower your Business in Nail Polish Boxes|The Top 9 Poisonous Flowers In The World!!!!|How to Choose Wholesale T-Shirts in Sacramento|Protect Your Skin tan from Sun – An ayurvedic point of view|Latest Machine Learning Trends that Impact Business in 2021|How to Fix Email error [pii_email_00f2e2be8446cca7ae2a]|The Reasons Why We Love Children Charity Houston|Tips on Offshore Company Formation

Tip to Select the Best Credit Card in India?

credit card

Though there are many credit cards available in India today, you won’t be able to find one that meets all your needs. So, the critical parameter while selecting the best credit card should be the purpose for which you’re selecting the card. While choosing a credit card, you should also check and compare different factors like charges, penalties, perks, privileges, etc.

Here is the checklist for selecting the best credit card in India.

  • Fees

Fees are essential elements to check while picking a credit card, as higher fees can offset the benefits you get from a credit card. You should check a few charges before zeroing in on the best credit card in India: the annual fee, late fee, cash advance fee, balance transfer fee, over-limit fee, and foreign transaction fee.

The annual fee is the charge you’re paying to the credit card issuer for using the card, and it varies from issuer to issuer. While the best credit cards give a waiver to the annual fee if your annual transactions using the card surpass a particular level. However, there exist several cards that offer a bunch of perks and charge a hefty annual fee. 

  • Cash advances

You can withdraw money from an ATM using a credit card, called a cash advance. Cash advances are considered as borrowings, and hence they attract a higher interest rate. The interest on cash advances starts accumulating from the moment you make the withdrawal, i.e., the grace period does not apply to cash advances. But, there exists a few exceptions like Bajaj Finserv RBL Bank SuperCard. It would be best if you used cash advances only for emergencies.

If you own more than one card, you can move the balance of one card to another; usually from one with a higher interest to a lower interest one. It helps you to consolidate the debt and reduce the interest burden. But, card issuers charge a processing fee for balance transfer from you, and usually, it’s 1% of the transferred amount.

The perks that the card offers should be more than the sum of all charges. Several credit cards offer waivers on various charges if you meet certain conditions on spending’s. Also, there exist free credit cards that do not charge annual and joining fees. Hence, compare the charges of different cards before applying for a credit card.

  • Check the perks

Credit cards offer rewards, discounts, and cashback to their members. And these credit card perks help you to save some money while making transactions through them. You can accumulate these perks and redeem them later for gifts and discounts. If you make payments for your day-to-day purchases using credit cards, select one that offers ample rewards. Remember, all reward points have an expiry date. Hence, redeem them within a stipulated period. The best credit card offers bundles of benefits while charging lesser fees.

  • Select the credit card depending upon your lifestyle and purpose

Your lifestyle decides which card you should opt for.

If you’re a frequent flier, opt for a travel card. A travel card offers miles for booking tickets that you can utilize for future ticket bookings. Apart from this, travel cards offer complimentary lounge access in airports, discounts on hotel bookings, offers at duty-free shops, etc.

A fuel card is a must for people who commute in their vehicles as they offer a waiver on fuel surcharge. Besides, fuel cards provide privileges in dining, entertainment, concierge services, etc.

If you’re a committed customer of a particular brand, then co-branded credit cards are the best fit for you. Or else, it’ll be better to stay away from co-branded cards as the benefits of these cards are limited to one brand or label. A co-branded card helps you to take maximum advantage of the offers from a specific merchant.

If you’re a student above 18 years, you can apply for a student credit card. The student credit card offers you many rewards, and if maintained properly, it helps you create a good credit history. But, different issuers have different criteria for issuing a student credit card. Therefore, check whether you’re eligible for one such card.

If you aim to build a decent credit score, go for a secured credit card. Typically, credit card issuers ask for collateral, usually a fixed deposit, to issue a secured credit card. And the credit limit of your secured credit card will be equal to the amount in the fixed deposit.

  • Credit Limit

The credit limit is the maximum amount you can spend using a card. Try to keep the credit limit within your repayment capacity; otherwise, you may find it challenging to repay the balance and end up paying a higher interest rate. Several credit cards allow you to spend beyond your credit limit and charge a fee from you for the same, called an over-limit fee. Before applying for a credit card, check how much the card charges for the over-limit facility. Remember, your credit score will dampen if you cross your credit limit frequently.

  • Annual Percentage Rate (APR)

APR is nothing but the interest you pay on balance. To avoid paying interest, pay your dues on time. But if you fail to pay the minimum balance by the due date, then the credit card company will charge a late fee from you. Usually, the best credit cards in India charge a monthly interest rate of 3-4% for the unpaid part of your credit card bill. Select a credit card that has a lower APR.

  • Grace Period

The grace period is the span between the billing cycle and the due date, during which you don’t need to pay any interest. Before applying for a credit card, don’t forget to check its grace period. Most credit cards offer a grace period ranging between 15 and 45 days; however, exceptions exist. To take benefit of the grace period, you should pay all your previous bills in full.


While selecting a credit card, compare the fees and benefits of various cards. Also, don’t forget to read the terms & conditions carefully.

About the author

related post