Most of Peoples now a days are using credit cards for Shopping, online purchase, at Fuel Station, at Toll Plaza, Food Zone etc. There are to many types of credit cards are offered by different banks. Here we have concluded some types of cards and offereng banks in India.
Credit Cards are small sized plastic cards similar to ATM and Debit Cards. Using credit cards you can make purchase of goods and services. You do not have to pay bills by cash or from your savings at the time of purchase. Using these cards you can purchase goods and services on credit. The money which you have to return at the end of every month. You can select to pay the full amount of credit that you have borrowed from your credit card issuer or a minimum fixed amount every month. In case you pay only the minimum amount, you will be charged an interest on your outstanding balance. There is a credit limit set for you by your credit card issuer.
According to facilities provided with credit card, there are many types of credit cards are available. Most of banks in India provide different types of credit cards.
The cards can be divided based on
Customers can choose any credit card that fulfills the need of customer them avail a lot of benefits and is an ideal match for their needs.
For example – If you go for outing for dinner most a lot, then a card which offers cash back on dinner can be best for you as it can help to save your money.
There are many payment networks which offer different types of credit cards by making collaboration with banks like - Visa, MasterCard, Maestro Card, American Express, Diner’s Club, etc.
Travel credit cards are offers unlimited travel benefits benefits in India as well as abroad. Banks have tied up with airline companies or travel companies to offer travel credit cards. Travel cards also provide travel insurance, hotel and holiday offers, dining offers etc.
Usage of this card provides access to airport lounges and to make travel transactions, they can earn air miles. The reward points earned on these cards can be converted to air miles, which can be used to book flight tickets and upgrade seats.
Some of the Travel Credit Cards:Titanium credit cards are premium cards. They come with a load of privileges and benefits. The key feature of a Titanium credit card is the Titanium Rewards program offered by Bank. It includes accrual of rewards points, redemption for gifts and air miles, cashback offers, etc.
Other privileges of Titanium credit card are surcharge waivers, revolving credit, interest free credit period, annual fee reversals, insurance, add-on card facility, , lifestyle and dining benefits, wellness and beauty offers, welcome gifts in the form of vouchers from top retail brands, etc.
LIC's New Bima Bachat Plan Table No. 816
LIC is offering many plans in endowment, term, money back, child plans, annuity plans, pension plans etc.
HDFC SavingsMax Account With High Interest
Moneymaximizer is a sweep in sweep out facility provided by HDFC bank to their savings account holder to obtain high-interest rate on savings account.
Axis Bank Encash 24 Flexi Deposit Account
Axis bank encash 24 is a flexi deposit account facility provided by Axis bank to their savings account holder to obtain high-interest rate on savings account.
