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Use Your Credit Cards Wisely To Save Money In India

 
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mageshkannan



Joined: 06 Mar 2013
Posts: 36

PostPosted: Fri May 10, 2013 8:55 am    Post subject: Use Your Credit Cards Wisely To Save Money In India Reply with quote

Indian society has changed dramatically in recent years and today the world is talking about the growing middle class in the country and its spending power. This has also encouraged credit card companies that are trying to lure customers with mouth watering offers. Today many of us have more than one credit card and we often don’t think twice before spending on them. This has led to skyrocketing credit card bills that make your financial situation spiral out of control, which is a strict no-no.
However it doesn’t always have to be like that and there are many discerning users who lead by example. They are the ones who have mastered the art of using their credit cards to their advantage and making significant savings in the process. There’s a lot many of us can learn from these simple strategies that can help us save money using our credit cards.
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McFly



Joined: 17 Jun 2013
Posts: 1

PostPosted: Mon Jun 17, 2013 9:44 pm    Post subject: How about interest-free cards? Reply with quote

I'm curious - are no interest credit cards as prevalent in India as they are in the states?

Seems like these kinds of cards are the most dangerous in the US, since they allow cardholders to rack up a pretty big balance at no interest; then when the APR finally does hit, it leads to a pretty big shock to their financial system.

They're also pretty easy to get approved for, and have been mislabeled as "free money" by some not-so-savvy consumers.

Thanks in advance.
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