Which is better, cash or credit? Depending on who you ask, you will likely get a variety of responses. There are significant pros and cons for using both cash and credit. In some cases, the merchant will indicate which payment they prefer. But a huge percentage of the time, the method you choose comes down to which option works best for you. Here’s what to consider.

Click on the link to know more about the cash vs credit cards: https://creditadvisor.tumblr.com/post/672992422044827648/cash-vs-credit-card

Evaluate Your Spending Behaviors

It is important to consider your spending habits before choosing a payment method. Paying attention to how and when you spend money can help inform which option may be best for you. Do you know when you are most likely to overspend? Do you find it easier to make a purchase on credit or lose track of where your cash was spent?

If you are carrying a large credit balance or struggling to stay on top of payments, sticking to cash whenever possible may help you pay down debt. Dave Ramsey popularized the envelope method encouraging people to use cash whenever possible.

Many people use credit cards regularly and rarely carry a balance. If you stay on top of your payments and pay your card in full, a credit card is probably a great option for you.

The Benefits of Credit

Fraud Protection Purchase Protection & Insurance Anti-fraud Detection Grace Period Build Credit Rewards, Cash Back and Bonuses Versatility Cost Savings Debt Reduction

CASH VS CREDIT CARD - WHICH ONE SHOULD I USE?

Nowadays, all credit cards not only give you a high credit limit but also various offers like discounts and Cashback. But on the other hand, due to the availability of many credit cards in the market, it becomes difficult for an individual to choose one card only. The same thing happens with the SBI Simply Save and SBI Prime Cards. Therefore, you must spot the major differences between SimplySAVE SBI Credit Card vs SBI Prime Credit Card in this article. You will get a better picture of the offers and benefits of both cards. On the other hand, you can compare their annual and renewal fees and decide on a card as per your needs.  

Click on the link to know about the simply save sbi credit cards vs Sbi Prime credit cards: https://karannegi.wixsite.com/creditguide/post/sbi-simply-save-credit-card-vs-sbi-prime-credit-card

Key Highlights of SBI SimplySAVE Credit Card

SBI SimplySAVE Credit Card offers savings on various purchases or transactions that we conduct on everyday basis.

From accelerated reward points to spend-based rewards to a renewal fee waiver, the credit card offers more practical benefits that enable the cardholders to save while they spend on the credit card. Let’s look at the features and benefits of the SimplySAVE SBI Credit Card in detail.

A lifestyle credit card with a minimal renewal fee. Renewal fee waiver on milestone spends. Accelerated reward points on day-to-day spend categories. Bonus reward points within 60 days of card set-up.   
SBI PRIME Card

A premium credit card to complement a premium lifestyle, the SBI PRIME Card comes with a joining fee of Rs.2,999. You can enjoy a fee waiver if you spend a minimum of Rs.3 lakh annually.

The State Bank of India provides its customers with the SBI Card PRIME which is a credit card offering a wide range of rewards. This SBI Credit card gives you joining benefits along with reward points for transactions done through various categories such as travel, fuel and, lifestyle.

Key Highlights of the SBI Card PRIME

The SBI Card PRIME is among the premium credit cards offered by SBI which is curated specifically for frequent travelers and for the people who make most of their purchases online.

Get an e-gift voucher worth Rs.3,000 as a welcome gift. Lucrative PRIME Reward Points system. If your expenses in a year exceed Rs.3 lakh, the annual fee of the credit card will be waived off. Win a Pizza Hut voucher worth Rs.1,000 on purchases worth more than Rs.50,000 in a quarter. Get complimentary Club Vistara and Trident Privilege Memberships .
Features and Benefits of the SBI Card PRIME

Welcome Bonus

An e-gift voucher worth Rs.3,000 given from the bank on paying your annual fees.

This voucher can be redeemed on purchases made at Bata, Marks and Spencer, Hush Puppies, Pantaloons, Yatra.com and Shoppers Stop.

Birthday Benefit

With your SBI Card PRIME, for every Rs.100 spent on your birthday, you get 20 reward points. This is subject to a maximum of 2,000 points per annum.

Milestone Benefits

Win a Pizza Hut voucher worth Rs.1,000 on purchases worth more than Rs.50,000 in a quarter.

Get gift vouchers from Pantaloons or Yatra worth Rs.7,000, on spending Rs.5 lakh or more in a year.

The annual fee of the credit card will be waived off on spending Rs.3 lakh or more in the previous year.

SimplySAVE SBI Credit Card vs SBI Prime Credit Card

IndusInd Bank is one of the most popular credit card issuers in India. It offers credit cards under multiple categories, including travel, lifestyle, entertainment, shopping and more. You can choose your credit card from a variety of options as per your spending pattern and repayment capacity.



Click on the link to get full information about Best Indusland Bank Credit cards in india: https://www.slideserve.com/kartik7/indusland-bank-credit-cards-in-india



Types of Credit Cards Offered by IndusInd Bank

IndusInd Bank offers multiple types of credit cards like

Shopping: These are credit cards that are especially made for shopping be it online or offline with great benefits in the form of reward points or cash backs.



Travel: These are credit cards made for people who love to travel and get benefits in form of reward points or miles which can be redeemed for attractive gifts or free tickets

Lifestyle: These are credit cards which provides benefits for dining, movie tickets, etc. This is also called fun credit cards as they give benefits for more experience-oriented services. For example, a credit card will give more rewards for dining or give 2 complementary tickets each month.



IndusInd Bank Credit Card Benefits  Features



Credit cards have many uses apart from the rewards you get from spending using your credit cards. The following is list of uses that credit cards can provide you



1. Sign on bonuses: Some of the credit cards from IndusInd Bank provide sign on bonus or gifts as a thank you for signing with the bank. This is a great reward which will offset any joining fees paid already and get even more.

2. Rewards: Reward points are offered for any transaction that is made using your IndusInd Bank credit card. These reward points can be accumulated to obtain a great gift, or the points can be redeemed for cashback. Either way customer is the winner.

3. Frequent flyer miles: This is useful for people to travel by plan frequently. They get miles as reward for using your IndusInd Bank credit card to pay for airline ticket. With enough points you can avail discount on future tickets or you may be able to get tickets for free. Also, with some credit cards you get access to airport lounges which could be a life saver in case of delayed flights.

4. Cashback: Some IndusInd Bank credit cards also provide cashback on certain spends like 5% cashback for shopping online, 5% cashback for using your credit card to pay utility bills. This is a great way to save money on spends.

5. Keeping vendors in check: Credit cards help in keeping vendors in check. Customers have the option to cancel payment or even if already paid the ability to revert payment if they feel the product they bought is below par. This way the vendors who provide the products will stay honest and provide better quality goods.

Best Indusland Bank Credit Cards.

Credit and debit cards are powerful tools that offer simplicity, security and convenience. You can swipe away your purchases, from movie tickets and groceries to utility payments and online shopping. Take a look at how plastic money is better than carrying cash. 

1. Ease of use and convenience

With credit cards, you are using the bank's money up to your credit limit. The amount you use, has to be paid back to the bank. If you pay your total outstanding before the interest free period ends, you incur no charges. If not, like any other loan, interest is charged.

Debit cards on the other hand are a way to access the funds in your bank account with ease. You can also use it to spend at a merchant outlet, withdraw cash or make an online transaction. 

Click on the link to know more about the 5 reason why credit cards are better: https://cardinsider.mystrikingly.com/blog/reasons-why-credit-cards-are-better-than-cash

2. Secure transactions

When you own credit or debit cards, you don't have to worry about carrying wads of cash in your wallet. Now with chip cards and pass codes, they offer secure transactions. So if someone steals your wallet or you lose it, all you have to do is call the bank and block the cards. No harm done.

With growing crime rates and increasing dependence on online transactions, it becomes imperative to move from cash to plastic. 

3. Reward points and incentives

Both credit and debit cards and especially co-branded ones have excellent reward programs. With every spend, you accrue points and you can redeem them for free fuel, lounge access and reward points at retail partners, air miles, cash back and much more.

So when you use cards, you get back a small amount of what you spend.

4. Deals and discounts

Consumer offers in the form of discounts, free products, gift coupons etc., at both online and offline retail partners are a regular feature for credit and debit card users. Sometimes, cardholders get deals over and above the discounts offered by online and offline merchants.

5. Spending limit

Both credit and debit cards have limits to which you can spend while using them. Debit cards allow you to spend from your bank balance within the daily limit set by the bank. With credit cards, your spending capacity is not limited by your bank balance. However, you will have to keep track of your credit limit, to ensure you don't spend beyond it.

6. Charges

Plain debit cards do not incur any charges, whereas branded debit cards have annual fees.Some credit cards have joining fees and annual fees. Interest is charged when total outstanding is not paid in full before the interest free period.

5 Reasons Why Credit Cards Are Better Than Cash .

Credit card can be risky instrument for those who cannot control the urge of splurging money. While Credit Cards have become extremely important in not just carrying financial transactions, but building a strong credit history, they also can cause turmoil in your financial life if you are irresponsible in using it. Here are the major risks associated with using credit cards and tips on containing those risks. 

Click on the link to know more about the risk of using credit cards and how to avoid them: https://kirtibhargav.substack.com/p/know-the-risks-of-using-credit-card

Overspending: Credit card can be risky instrument for those who cannot control the urge of splurging money. The easy availability of credit not only reduces the sting of making payment, it also stimulates their desire to buy or consume more. Their exciting reward points, discounts and cashback offers also entice many to do unnecessary expenditures. As a result, many end up in spending more than they can afford to repay.

How to avoid it: The only way to contain the risk of overspending is to maintain a strict financial discipline. Check your outstanding credit card amount regularly to keep a tab on your spends. If you are spending more than you should through your Credit Card regularly, you may consider keeping your credit card at home when going out and using other means like debit card, mobile wallet or cash. 

Reduction of credit score: As credit card transactions are equivalent of taking loans, credit bureaus record late payments or defaults in your credit report and reduce your credit score accordingly. Another major factor that reduces your credit score is your higher credit utilisation ratio. This ratio is the proportion of your total outstanding credit card balances against your total available credit limits. As lenders consider a credit utilisation ratio of over 30–40% as a sign of credit hungriness, credit bureaus reduce your credit score on breaching this level.

How to avoid it: Ensure to pay your full bill amount due by the due date. Those who fail to remember bill due dates should set standing instructions in their bank account to enable automatic deduction. Those who frequently breach the 30–40% level should request their card issuers to increase their credit limits or apply for another credit card. However, never apply with multiple credit card issuers within a short span as that too is considered as a sign of credit hungriness. Instead visit credit card marketplaces to choose the best card available on your credit score, monthly income and other criterion.

Credit card fraud: Fraudsters usually initiate the credit card fraud by duplicating your card (skimming) at point of sale (POS) terminals or ATMs or by accessing your details through e-mails or over the phone. They may also resort to identity theft by using your personal details to avail a new card in your name.

Know The Risks of Using Credit Card And How To Avoid Them .

There are a number of credit cards in India which offer attractive benefits in the form of reward programs, cashbacks, fuel savings, insurance benefits, travel benefits, etc. Choosing the right credit card based on your lifestyle requirements will help you reap the maximum benefits from the card. Here is all the information you need about the top 10 credit cards in India based on various categories and parameters. This will help you choose the right credit card that will add more value and savings to your lifestyle.

Click on the link to know more about the benefits of having axis bank credit cards: https://articleft.com/benefits-of-having-axis-bank-credit-cards/

List of Axis Bank Credit Cards in India 2022

Axis Bank Credit Cards come with a host of rewards, discounts and other privileges that can capture your imagination. Let’s find all those in the below table. 

Axis Bank Credit Card Eligibility

You can check the eligibility criteria below.
The minimum age limit of the primary credit cardholder must be 18 years or above.
The maximum age of the primary cardholder must not exceed 70 years.
You should be an Indian Resident to apply for the Axis Bank Credit Card.
15 years is the minimum age needed for the add-on cardholders. 
You must have a stable income as per the credit card income requirement to apply for the card. 
The minimum Cibil Score needed for this card is 750 or above.

Axis Bank Credit Card Documentation

Don’t forget to submit the following documents to validate your identity, address, income, etc.

1 passport size photograph
Original PAN Card and its photocopy.
Form 16, Last 6 months salary slips or Income Tax Return copy as Income Proof.
Passport, Ration Card, Electricity Bill or Landline Telephone bill as Residence Proof.

Benefits Of Having Axis Bank Credit Cards.

Prepaid cards vs. debit cards:

A prepaid card is not linked to a bank checking account or to a credit union share draft account. Instead, you are spending money you placed in the prepaid card account in advance. This is sometimes called “loading money onto the card”.

In most cases, you can’t spend more money than you have already loaded onto your prepaid card. Overspending can occur with a checking account for some types of uses, and with a bank account debit card if you have “opted in” to your bank’s overdraft program. This means that your bank may charge you a fee for covering the cost of a purchase or ATM withdrawal that exceeds what you have in your account. Your bank will also require you to repay the overdraft.

Click on the link to know more about the difference between a prepaid card, a credit card, and a debit card: 

https://cardinsider.tumblr.com/post/676973219198238720/secured-credit-card-vs-prepaid-card

Prepaid cards vs. credit cards:

Prepaid cards are very different from credit cards. This can be confusing because both types of cards may have a card network logo such as Visa, MasterCard, American Express, or Discover on them. When you use a credit card, you are borrowing money. Generally, when you use a prepaid card, you are spending money you have already loaded onto the card in advance. If your prepaid card provider also offers credit (including overdraft) on your prepaid card, it will need to comply with all the rules for other credit cards.

Listed below are some of the benefits of Prepaid Credit Card:

Prepaid Credit Cards can be an efficient budgeting tool as it helps you stick to the certain spending limit
Card issuance is straight forward: no employment verification/ no credit score
No need to have a bank account.
Some banks allow ATM withdrawals.
No debt/interests.
Pay utility bills or any good and service.
Function as a gift card or travel card.
Pay employees' salaries.
Credit Cards

Credit Cards including Visa, Mastercard, American Express are issued by banks or financial institutions allowing people to borrow money in the form of a card that has to be paid back in full amount by a certain date or in installments over time, with added interest and other agreed-upon charges. In simple terms, the issuing bank pays for your purchases on your behalf and you incur a debt that you will have to pay back later to the bank.

Listed below are some benefits of credit cards:

You can build your credit score when used responsibly. This will help in obtaining loans or mortgages later in your life.
Security: If even your card gets lost or stolen, your funds are safe and will be reimbursed
Credit cards offer many rewards such as cash back, rewards points, travel, and shopping perks, etc.)
Many credit cards provide purchase assurance and extended warranties on your purchases. You can do a chargeback when the goods or services are not delivered.

Secured Credit Card Vs Prepaid Card.

Compare the wide range of credit cards and choose the one that suits you best. There are 7 key factors to consider before you apply for one. 

If you ever seriously try to compare credit cards, you might notice how much it's like navigating the cereal aisle at the grocery store. The abundance of possibilities is alluring, but if you really try to make an informed, analytical choice, you could become a victim of analysis paralysis. 

Click on the link to get information about the Consider When Comparing Credit Cards : https://karannegii.wordpress.com/2022/07/07/factors-to-consider-when-comparing-credit-cards/

It doesn't have to be that way. To help make your credit card comparison a little bit easier, here are seven key factors to consider. (You're on your own with the cereal.)

1. Understand Your Financial Profile and Spending Habits

Before you start comparing credit cards, it's best to understand your own financial profile. Your credit score and credit history play a big role in what type of credit card you can get. Most high-end credit cards are typically reserved for those with excellent credit, though there are plenty of cards available for those simply looking to establish their credit history, too. 

It also helps to know your spending habits. Remember that a credit card isn't a source of free money – you have to pay back every purchase, and any unpaid monthly balance will likely start to collect interest.

2. Ask Yourself: Why Do I Want a Credit Card?

Whether you're getting your first card or adding to a collection, ask yourself why you want a credit card. Your answer will be the basis for determining which credit cards to compare and, ultimately, which one to choose. Here are a few reasons you might want a credit card and some matching card types:

If you're an avid traveler, look into cards that offer hotel, airline, or general travel rewards.
If you're a small business owner, a cash back business credit card can help you pay for company expenses.
If you're just starting to build credit, consider a card with no annual fees and a low APR.
If you want to make a balance transfer, compare credit cards that offer no-fee balance transfers or 0% balance transfers.

Factors to Consider When Comparing Credit Cards.

Find, compare and apply for best airport lounge access credit cards in India. You will get all the details like which credit card gives you access to domestic and international airport lounges, annual charges, which bank card offers lounge access etc. 

Nowadays luxurious air travelling is quite expensive. Most of the individuals are unable to afford business Class or First Class Flight tickets to get some luxury. Sometimes waiting at the airports just become boring. This might be due to delayed flights or flight cancellation. The individuals just have to wait on a stiff chair with paid food and wifi and surrounded by noises. But wait, if you are having a credit card then you can enjoy a free visit to the Airport Lounges. Here you can see the best credit cards for Airport Lounge Access. See from the list that if you have any of them with yourself.

Click on the link to know more about the credit card with free airport lounge access in india: https://deepshikhapanwar.blogspot.com/2022/06/credit-card-with-free-airport-lounge-access-in-india.html

Need for Visiting the Airport Lounge

Flight Delay:- Sometimes due to some technical problem the flights get delayed. So, it becomes tiring for the passenger to wait on the stiff benches for hours. Therefore, it is better to take a visit to the airport lounge and spend time relaxing on a recliner.

Flight Canceled:- The bad weather usually cancels the flight that is about to take off. Therefore, until the time of rescheduling, you can wait comfortably in the Airport Lounges for free.

Large Time Difference Between Flights:- As we all know that there are some countries where you have to take a connecting flight and an individual always keeps a time margin between two flights. So, in that spare time, you can go to the lounge and relax comfortably.

Want to Take a Power Nap:- Almost all the Airport Lounges have recliners where you can relax and take a power nap if you are tired. You can get this facility for free if your credit card has an offer of a free visit to the airport lounges.

Feeling Hungry:- Almost every airport lounge provides free food and drinking facilities to its visitors. So, if you are feeling hungry, then you can have healthy food in the lounge.

Credit Card With Free Airport Lounge Access In India.

A credit card with an annual fee is worth it because it offers higher rewards and if you can make the best usage to get those benefits. But sometimes, credit cards with zero joining or annual fees would be better in terms of long-term value. Even if these cards do not offer much in terms of rewards or cashback, you can keep them open without any cost and improve your credit score. Here we have listed the best lifetime free credit cards in India.



Click on the link to know more about the best lifetime free credit cards in india: https://in.pinterest.com/pin/1099441327794200627/

IDFC First Bank credit cards are one of the best lifetime free credit cards today in the market. All four variants (Millennia, Select, Classic and Wealth) are LTF and offer the same rewards. The cards also offer complimentary railway/airport lounge access, and roadside assistance among other benefits.



2. Amazon Pay ICICI Bank Credit Card

Amazon Pay ICICI Bank credit card is one of the best for Amazon purchases. If offers between 2% to 5% unlimited rewards on Amazon spends and 1% on all other spends. The unlimited rewards can add up to a significant amount for Amazon purchases alone. If you don’t have Infinia/DCB, this is the card to have for Amazon India shopping.



3. HDFC Bank Millennia/Regalia Credit Card

This one is not LTF as per product info but is issued LTF in most cases. HDFC Bank Millennia and Regalia credit cards carry an annual fee but can be LTF with two conditions. It can be a Smartpay registration or a one-time spend amount for the first 90 days.



4. RBL Zomato Edition Classic Credit Card

Most of the RBL Bank credit cards are not that great in rewards and can be avoided. But, the co-branded RBL Zomato Edition Classic credit card is a good one to have. It offers 5% unlimited rewards on Zomato spends and a whopping 10% rewards on all birthday spends.



5. HSBC Visa Platinum Credit Card

An entry-level lifetime free card that has Airmiles as a redemption option? Good to be true but we have the HSBC Platinum credit card with just that. The USP of this card is reward redemption for Airmiles and Hotel Loyalty memberships.

Best Lifetime Free Credit Cards in India.

Travel credit cards can be one of the best ways to lower the cost of travel, whether you're taking a trip to visit family in another state or boarding a plane for a luxurious vacation overseas. Regardless if you collect airline miles, hotel points or flexible issuer-specific currency, they all perform the same function of making your future trip more affordable. 

Click on the link to know more about a travel credit cards: https://karannegi.wixsite.com/creditguide/post/why-you-should-get-a-travel-credit-card

What is a travel credit card?

Travel credit cards come in many variations, but the main three categories include:

Co-branded airline credit cards.

Co-branded hotel credit cards.

Financial institution rewards cards. 

Airline credit cards

Airline credit cards include options like the Citi® / AAdvantage® Platinum Select® World Elite Mastercard®, the Delta SkyMiles® Gold American Express Card and the United℠ Explorer Card. These cards, and other airline-related options, earn miles in the respective airline’s loyalty program, which you can redeem for a flight when you have enough piled up. Terms apply. 

Hotel credit cards

Hotel credit cards, such as the IHG® Rewards Premier Credit Card, the Hilton Honors American Express Surpass® Card and the Marriott Bonvoy Boundless® Credit Card, perform a similar function and award you with hotel points redeemable for free nights. Terms apply. 

General travel cards

You might also have heard about general travel rewards cards, such as The Platinum Card® from American Express, the Chase Sapphire Preferred® Card or the Capital One Venture X Rewards Credit Card. These cards earn flexible points that can be transferred to an array of travel partners, including airlines and hotels, redeemed for travel via a respective issuer's travel portal, or even used as cash back for statement credits. Terms apply.

Are travel cards worth an annual fee?

Although a downside, many travel rewards cards come with annual membership fees. Some are reasonable and cost $95 to renew every year. Others charge as much as $695 per year, as The Platinum Card® from American Express does (it could still be worth it for the right traveler, though). Terms apply.

CASH VS CREDIT CARD - WHICH ONE SHOULD I USE?

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