INDIA'S BEST CREDIT CARD Payment Easier

A credit card balance refers to the money a person owes on their credit card account. It is the total amount of purchases, cash advances, and other charges that have been made on the card minus any payments or credits that have been applied to the account.

A credit card statement is a document provided by a credit card issuer that lists all transactions made on the credit card for a specific billing period.

A credit card allows the cardholder to borrow money from the issuing bank or financial institution up to a specific credit limit. When the cardholder purchases or withdraws cash, they borrow money from the bank and will be required to pay it back, along with any interest or fees, at a later date.

It depends on the issuing bank and the type of renewal. In some cases, the credit card number may remain the same, while it may be changed in others. It is best to check with your issuing bank to confirm if your credit card number will change upon renewal.

A credit card limit is the maximum amount of credit that a financial institution or lender is willing to extend to a borrower. The lender determines this limit based on factors such as the borrower's credit score, income, and credit history.

Getting a credit card without a job may be possible, but it will likely be more difficult. Lenders typically require proof of income to approve a credit card application, so if you don't have a job, you may need to provide alternative forms of income, such as government benefits, rental income, or income from investments.

It depends on your financial situation and goals. Some people may only need one credit card for everyday expenses and emergencies, while others may benefit from having multiple cards for different purposes.

Credit cards are usually valid for 3-5 years. The expiration date is typically printed on the front of the card, and the cardholder must request a new card before the expiration date. Some issuers may automatically send a new card before the expiration date.

It may be easier to get a credit card with a credit score in India. Most financial institutions require a credit score to approve a credit card application. However, some options are available for individuals without a credit score, such as secured credit cards, credit cards for first-time applicants, etc.

You can set a transaction limit on your credit card. This is often referred to as a spending limit or credit limit. You can contact your credit card issuer and request to have a spending limit set on your account.