Don’t Make These 8 Mistakes with Your Credit Card || How to use a Credit Card? 

So What u think about upcoming SBI cashback credit card??

@@Vikashkumar-sc8sp card is good, but annual fee is high and limit is also more like spendings 2 lakh online shopping (offline transactions don't count). So I would suggest to go only if you can spend above 1 lakh, that way you could already earn cashback of above 1000, so paying back a little won't hurt that much.

Stop classifying everything into “best” and “worst”. Just because something works for you doesn’t mean it will work for someone else.

Hi guys apako cred ka referal code chahiye to to is link ko open karo ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8v2cAF-kNfo.html

Are ye fake trading apps ka pramotion karti hai jhuthi hai ek number ki

Can you explain in detail pls about removing annual fees

@@Nextgentrick They don't remove annual fee. So it's better to get lifetime free credit card initially and when your financial status improve and you are earning more than 10 LPA, then go for these higher charges credit cards. Get Amazon pay credit card, ICICI platinum credit card, Axis My Zone credit card, and other banks lifetime free credit card.

I WOULD CHNAGE MY BANK....I HATE SBI

One question if you pay credit card bill before bill generation would you get the reward points associated with the amount of the bill?

@@shreyas_india Did not get any reward points in Simply click card. Even Amazon pay credit card, you get after bill generation. But in Cashback credit card, cashback details are available before bill generated, so I think no problem in this card, but can't guarantee that. You should always pay after bill generation.

Galti kr dia😂cibill down hoga ab

Don't worry cibil score will only fall by 3-4 points. Applying for a new loan or credit card will have a low impact on credit score, Timely payment & credit utilisation have High impact on credit score.

Hi guys apako cred ka referal code chahiye to to is link ko open karo ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8v2cAF-kNfo.html

@@saurabh6747 correct !

Multiple cards apply karne se kuchh nahi hota ..mamooli girega 2-4 points

Yes 30% utilisation of limit , increases the credit score.😊

I am not sure about the thing i am gonna tell, but i heard from a youtuber that: If u have used more than 30% of the limit in the month(lets say u used 90% of the limit as per this case) from the credit card, and u have sufficient amount u used with you after some days(within the credit cycle which is the 30 days cycle). You have an option to payback the credit card bill on the settlement day, which is 20 days before the due date. There are 2 dates, i) due date, which is like 50 days from the start date. ii) settlement date, which is ideally 20 days before due date. after the settlement date, the credit card company/bank, records ur utilization limit of that month and then sends to authorities who calculate your CIBIL score. So if u pay the amount u have used, which is 90%(the amount u utilised) - 30%(ideal utilisation limit) = 60%. If u pay this 60% before settlement date, your CIBIL score wont be affected. PS: Im not super sure of it as I am also in a journey of learning about credit, It would be nice if someone confirms.

@@prasannavenkatesh8674 Yeah, It's true, this method works but not suitable for everyone, those who are highly emotionally disciplined these is a good option.

Mine too

Hi guys apako cred ka referal code chahiye to to is link ko open karo ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8v2cAF-kNfo.html

Card close karne ka request dalo phir unka call ayega usme discussion kar lo

It should only be used as last option only. In Rearest of Rear case.

@@rahulchaudhary7173 Why?

Hi guys apako cred ka referal code chahiye to to is link ko open karo ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-8v2cAF-kNfo.html

Same is with SBI simplyclick also😒

Same with me...just missed 500 rs gift vouchet also bcoz seen that rmail late and already expired

That's bad too. Technically you are not using card at all from cibil pov.

@@gk2298-exz But my CIBIL score is 810

Same pinch

Bro suppose your bill is generated on 18th and your due date is on 8th .. you just have to pay your bill before 18th that is u have to pay it before bill generation te report credit usage as 0

Nope. That doesn't count. I do the same and my utilisation shows 0. However if you transact on the day of billing, that will be shown as utilisation.