The plastic money or credit card is a small card made out of plastic which are issued by the credit card company. It is one of the most essential add-on to the purse. The credit card is one type of loan which is taken for the short period of time. The aim of the credit card is to help the user for digital payment and let them be cashless. The credit card can be used for both online and offline mode of payments. The most important thing to consider is that you buy now and pay later. It is the mode of payment in which the user can make use of the card anywhere and everywhere and can pay the credit card company later.
There are different types of credit cards that can be used for different purposes. The credit cards are one of the useful tools but it charges the high rate of interest on the late repayment. Thus, the due date for the bill payment is needed to be remembered so that the interest rates should not be leveraged on you. It is also the very secured way of payments. The card is secured through the pin number which is known only to the authorized users. Thus, at the time of theft and robbery, you can block the card and be safe.
Types of credit cards
There are different types of credit cards that are available for the user according to the purpose of uses. The credit card is one of the modes of the payment which can earn you the cash back, reward points and discounts which can be utilized by the user for the maximum benefits. Given below is the list of the credit card that is available in the market for the different purpose:
The eligibility required for the credit cards are-
To get the credit card the eligibility criteria required are mentioned as follows:
The valid and legal documents are required by the credit card company at the time of application. The documents asked by them is mentioned below:
Credit card bill payment
The credit card is a type of loan which needs to be paid on time to avoid any type of interest that are chargeable on the amount. For that, it is necessary to know the various mode through which you can pay your credit card bills. There are various options including the offline and online mode of payments. The credit card bill payment can be made offline by physically going to the branch and settle the bill. The online mode of payment is one of the most popular ways to settle the bill as it is more easy and convenient way. The different types of online bill payment is
The credit card is one of the ways through which the payment is done by the authorized user. Credit card does not exist. This bank is relatively new and does not have the much services and products to provide to its customer. The bank is improving and growing meanwhile. It can take some time to start providing the credit card for the users.
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