1 / 6

Different Types of Credit Cards

Credit cards come in different types, each designed to suit different spending habits and financial needs. Standard credit cards offer a line of credit with interest charges on outstanding balances, while reward cards offer cashback, points, or miles for purchases. Secured credit cards require a deposit to be made upfront, while prepaid cards are loaded with funds beforehand. Lastly, charge cards require the balance to be paid in full each month. https://www.icicibank.com/personal-banking/cards/credit-card/other-cards

mohiniverma12
Télécharger la présentation

Different Types of Credit Cards

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. DIFFERENT TYPES OF CREDIT CARD

  2. WHAT IS CREDIT CARD? Credit cards are available in various types to cater to different needs. Some popular types include rewards cards, balance transfer cards, secured cards, and cashback cards. Rewards cards offer points, miles, or cashback rewards for purchases, while balance transfer cards help in transferring high-interest debt to a card with low or 0% interest. Secured cards are for individuals with bad credit, while cashback cards offer cashback on purchases made with the card.

  3. DIFFERENT TYPES OF CREDIT CARD • Standard credit cards: • Rewards credit cards: • Instant credit cards: • Special credit cards: • Co-Brand credit cards: • Featured credit cards: • EMI / Loan on credit cards:

  4. 06 • ELIGIBILITY OF CREDIT CARD • To be eligible for a credit card, you must meet certain criteria set by the issuer. These may include a minimum age requirement, a minimum income requirement, and a good credit score. Typically, you must be at least 18 years old and have a regular source of income. A good credit score is also important, as it demonstrates your ability to manage credit responsibly. If you have a poor credit score, you may be limited to secured credit cards or credit cards with higher fees and interest rates. www.reallygreatsite.com

  5. ADVANTAGES OF CREDIT CARD • Universal payment acceptance • Earn Reward Points or cashback for every retail spend • Enjoy credit-free payment days of a maximum of up to 48 days including the due-date • Fuel Surcharge waiver • Exciting discount offers on dine-out and movie tickets • VISA lounge access benefits • Build a credit history etc.

  6. THANK YOU

More Related