Shop Hassle Free With A Credit Card

There are a number of benefits of owning a credit card. If you have an HDFC bank account, you can apply for a credit card without having to put in too much effort. One of the best things about this card is that you can now use the hdfc credit cards application status in order to check the status of the application without having to visit the branch multiple times. This feature not only enables you to check the status of the card you have applied for, it also gives you all the required information including the credit limit, features and more. If you’ve been wondering how a credit card can be beneficial in helping you to manage your finances, here are a few things you should know.

Making payments using a credit card is very easy. You do not need to worry about carrying too much cash with you while shopping or traveling anymore. You can just use your card to make the payment and you can pay back the credit card bills in smaller installments. This also helps you to buy more things for yourself and your home without having to wait till you have enough money to do so.


Credit cards also help to increase your credit ranking in the market. This means people who own credit cards can avail of a loan in a more efficient manner in comparison to those who do not own a credit card. This is one of the best ways to learn to grow your investments in a smart manner.

When you get habituated to using a credit card you start becoming a lot more confident of your finances. There will be months when you will fall short of money. Rather than borrowing from friends and family it is always better to borrow the money from the bank and that too without interest rate. This means that you can now shop to your heart’s content and plan about paying back only next month. This gives you enough time to cut down unnecessary expenses and manage your finances better. You will be in a better position to manage your daily and monthly bills and expenses without being dependant on anyone else.


With credit cards there is also the facility of reward points and cash back. Various companies and banks offer incentives for using your credit card. With every amount that you spend there is a reward point associated. These reward points can be redeemed for attractive gifts that are normally expensive in the market to buy. With the cash back facility there is a chance of getting something absolutely free of cost. This means that if you spent an X amount on a particular refrigerator and you win 100% cash back on it a month later you will end up paying nothing for that refrigerator. Even if you have paid back a small portion of the initial amount that amount will be refunded to your account.

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