What is a Credit Card ? How to Select the Best Credit card and Get maximum benefits from it.

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3 жыл бұрын

Want to know if you should be using a credit card?
Download CRED and apply to be a member: app.cred.club/k63y/PranjalKamra
Do you know the difference between a credit and a debit card? want to know which is the best credit card in India? How can you earn maximum rewards from credit cards? Find answers to all these questions and many more in this detailed video on credit cards
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Пікірлер: 2 100

@saswatab79 3 жыл бұрын

Love the energy in your voice and way you explain difficult financial concepts.

@travelwithbabin 3 жыл бұрын

kzfaq.info/get/bejne/bax0g9mAtritgoE.html

@tairosangma9840 3 жыл бұрын

But sir you forgot to point one IMPORTANT note: If you withdraw cash using your credit card say 1lakh amount incase of emergency there is no interest free period. You have to pay interest from day one till you repay the amount of loan of 1lakh in full. The rate of interest will also be higher than your normal rate of interest on basic loan you get. You may even go bankrupt. Never withdraw cash or use cash advance unless in emergency.

@uniquebuying6910 2 жыл бұрын

thanks for the info bro...

@sonumandal2258 2 жыл бұрын

@AnkitaGupta3529 2 жыл бұрын

Will it be on all amount credited or only on amount above credit card limit ???

@tairosangma9840 2 жыл бұрын

@@AnkitaGupta3529 i don't understand your question.

@broadsword_ 2 жыл бұрын

I made purchases through HDFC Credit card EMI for computer parts and setup the autopayment for it. Over the span of 2.5 years all 30 EMIs were debited on time. Setting up auto payment is very essential. Also keep in mind your monthly income. Make sure that your EMI amount should not exceed ~20% of your income amount.

@pratheekkc2044 2 жыл бұрын

Keeping the emi amount less than or equal to 20% is a rule or an advice?? TIA

@riddhidharod9480 2 жыл бұрын

@@pratheekkc2044 advice

@kirankumarshah1963 2 жыл бұрын

Can you guide me ? My friend took credit card : HDFC Bank Regalia ? Limit : rs 2,00,000/- he utilise limit ! Feb 21 to oct 21 ; 9 months finance charged is rs 50,000/- is there any way to get waive of interest on card ? @ 36% about per year ?

@kirankumarshah1963 2 жыл бұрын

Is such a high interest rate is legal ? I do not think so ? Bank normal rate of interest is @ 9% ? Who gives permission to charges to 36 to 42% per year ? Who has such high income ?to bear interest ?

@kirankumarshah1963 2 жыл бұрын

Is there any way to save my friend paying HDFC Bank Regalia credit card ; Financcial charged levied on monthly basis ?

@ijs_diy 3 жыл бұрын

This is a very informative video, i was sceptical on using cred but might now give it a try.

@lavanyamadan3455 3 жыл бұрын

I like the way he speaks . Keep up the good work ❤️❤️😃

@vaibhavrathi. 3 жыл бұрын

CA RACHANA RANADE AND PRANJAL KAMRA ARE BEST FINANCIAL EDUCATOR ON KZfaq

@Neetish21 3 жыл бұрын

cred used both for promotion along with anil kapoor :P

@ronak012 3 жыл бұрын

lekin dono ne ye video cred ke promote k liye banaya hain

@govindgoel9913 3 жыл бұрын

@@ronak012 hm

@princegandhi1477 3 жыл бұрын

It's ok if they made it to promote CRED, what matters is if they are being honest or not

@ronak012 3 жыл бұрын

@@princegandhi1477 ya but they didn't told that whose credit score is more than 750 only they can use cred not all people. i tried many times but its not working for me.

@ajitsolanki3079 2 жыл бұрын

Conclusion is if you have money and your expenses are limited don't go for credit card ... Even pranjal sir don't use credit card (Amazon pay is kind of shopping card and not a credit card). But if you don't have a money then don't be greedy to use credit card and last and most imp have you and your family insured with health insurance ❤️

@abirroy7 Жыл бұрын

Amazingly explained in a simplified manner. Thank you.

@Ajeet.Chandel 3 жыл бұрын

Mai SBI , HDFC, RBL & ICICI ka use kiya. Dhire dhire karke kharcha jyada ho gaya aur 2 sal tak bhar nahi paya fir personal loan nikal kar sab nill kiya aur tod k fek diya.

@NumismaticIndian 3 жыл бұрын

Tod ke fenkna is not sufficient, ensure to surrender otherwise bills will accrue.

@youngerschoice 3 жыл бұрын

Credit Card ke use me sabse pahle yahi dhyan diya jata h ki Income ke anusar hi kharch kre .. M SBI & ICICI use krta hu aur normal hi kharach krte h

@punitgamingyt6643 Жыл бұрын

@@youngerschoice right agar bhar na sako to use hi mat kro 🤣

@ANISH7712 Жыл бұрын

ઘરમાં ઉંદર પકડવા માટે જે પાંજરા મુખ્યા છે એની રીત શુ હોય છે જરા યાદ કરો પાંજરા માં ઉંદર ને ભાવતું ભોજન મુકવામાં આવે છે અને થોડું ઘણું બહાર ઠોળવામાં આવે છે જો બહાર થી ખાઈ ને સંતુષ્ટ થયા તો બચી ગયા પણ જો પાંજરા ની અંદર નું લેવા ગયા તો ભરાઈ જવાય અને બહાર ન ઉનન્દર પણ કોઈ રીતે મદદ નહિ કરી શકે આજ રીતે Emi પર મળતી વસ્તુઓ પર્શનલ લોન ગોલ્ડ લોન ક્રેડિટ કાર્ડ કાર લોન બાઇક લોન વધુ પડતા ઈન્સ્યોરન્સ વધુ પડતા દેખાવમાટે કરેલ ખર્ચ અને 70 % કિસ્સા માં દવાખાના અને લગ્ન ન ખર્ચ માં અને વ્યવહાર મા લોકો સલવાય છે માટે જો આપ પર્શનલ લોન થી પણ આમાં થી બચી શક્યા હોય તો આપ ને અભિનંદન બાકી ઘર બેચી ને પણ આ બધું પતાવી શકાય એવું નથી માટે જાતે ઉગાડવું થોડું ખાવું અને બાળકો માટે અને પોતાના ભવિસ્ય માટે કંઈક બચવું હોય તો આ માયા માંથી બહાર આવી ને સાદું જીવન જીવવું બાકી મોબાઈલ રિચાર્જ માં દર મહિને 1500 rs થાય 🤣🤣🤣🤣

@carryon02 Жыл бұрын

Chal jhuta....High level jhut.....

@gmp_gmp 3 жыл бұрын

Nice information when saying values or numbers please use English numbers. This Will be helpful for Non Hindi and South Indian audiences. We can understand sentences in hindi , but numbers it's difficult to understand

@shaileshbharne9858 2 жыл бұрын

Nice to hear you on credit card. You have nicely elaborated..... What is credit cards n who to use it. Thank you

@mrsingh_ms 3 жыл бұрын

Aap Aisi achhi video banayenge to hum aapke aabhaari hai. Aapka bhut dhanyawad ki aap log aage aate hai humein sikhate hai. Bhagwaan aapko humesha khush rakhe

@kapilvaswani3902 3 жыл бұрын

I don't think anyone has given better in depth analysis of credit card usage than you. Big fan of your presentation.

@pranjalkamra 3 жыл бұрын

Thankyou so much!

@milan72 3 жыл бұрын

SBI credit card use kar raha hun. Bahot aasan hai . 500 rs yearly fees hai. BUT usse atm se kabhi paise nahi nikalna kyonki , every transaction ke 500 fees lete hai. Sirf 1000 nikaloge to bhi 500 katenge alagse.

@PS-kn5lr 3 жыл бұрын

is this true?????????????????????

@milan72 3 жыл бұрын

@@PS-kn5lr yes. very true... I get 1000 rs charge for 2 times transaction of 1000 rs. then I look at its booklets and found that cash withdraw is for emergency purposes only.

@ravibhushan7885 3 жыл бұрын

Yes.. I have tried cash withdrawal.. 8 year back for 500 .. I was charged around 300

@rohitsoni9325 3 жыл бұрын

@@PS-kn5lr Haha, Only withdraw cash from a Credit Card if you are in serious emergency... Serious means had a major accident and want to travel to nearest hospital or if you are at gun-point with a robber and he is forcing you to take money out of it!

@PS-kn5lr 3 жыл бұрын

@@rohitsoni9325 @Milan Kundalia I got you... get a credit card....but don't use it unless I'm dying

@sajidulansari6334 3 жыл бұрын

में 1 साल से क्रेडिट कार्ड यूज़ कर रहा हूँ, और आजतक 1 भी पेमेंट लेट नही हुई, तो मेरे लिए क्रेडिट कार्ड बहुत ही ज़्यादा लाभदायक है

@malkeetsingh-ti4bh Жыл бұрын

Bhai konsa credit card hai aapke paas, aur annually maintenance charges kya hai

@sajidulansari6334 Жыл бұрын

@@malkeetsingh-ti4bh bhai 10 credit card he mostly lifetime free he

@malkeetsingh-ti4bh Жыл бұрын

@@sajidulansari6334 aap kon sa use karte ho bhai

@sajidulansari6334 Жыл бұрын

@@malkeetsingh-ti4bh amazon pay icici card, flipkart card, axis ace , hdfc bussiness moneback, rbl bank shoprite, rbl bank paisa on demand card, uni card, lazypay card, sbi simply click card, bob card,

@malkeetsingh-ti4bh Жыл бұрын

@@sajidulansari6334 bhai ek new bhi aya hai wo bhi thik lag raha hai, ICICI platinum debit chip card

@aarublog5709 2 жыл бұрын

Waah kya bat h mere paas amazon pay credit card hi hai or m cred app se hi pay krtaa hu ..gajab app hai ..

@shubhadeepchakraborty9388 3 жыл бұрын

I use Citi bank Indian oil Card..... Benefit of this card is U can Use Same amount of petrol / Fuel from any Indian oil pump Equivalent to your Points. 1 points = Rs 1 Fuel.

@nikhilgupta2505 3 жыл бұрын

How much point we get??? on how much bill

@shubhadeepchakraborty9388 3 жыл бұрын

@@nikhilgupta2505 Per 1000, 20 Points

@noblecause7367 3 жыл бұрын

Very thankful to you sir for giving us a simple and clear explanation of credit card concept.....

@SanjayKumar-rw2gj 9 ай бұрын

Would like to appreciate your efforts in making this video and explaining it in details. One point I would like to add here is do not spend more than 30% of credit limit in one cycle otherwise your cibil score is going to affect badly

@WatchIt1 Жыл бұрын

That's the video I was looking for, complete information, I've searched other videos but they don't tell what exactly it is, and how to use it.

@debabrataadhikari3482 3 жыл бұрын

Thanks Sir for giving helpful tips...I was searching in youtube and I got all my question's answers in this video.

@samranjan85 3 жыл бұрын

Thanks sir for clearing all my doubts regarding the credit card usage and other necessary things!!

@manjuellur2690 2 жыл бұрын

Thank you for the knowledge. I have one question if suppose I want to purchase something on no cost emi using credit card can I still get the same benefit of zero interest on those emi amounts.

@akashmandlik6812 2 жыл бұрын

भाई आप तो बहुत अच्छी तरह से समझाते है और आप की पुरी व्हिडिओ मुझे समझ मे आ गई ..अच्छा लगा

@zaidqazi7442 3 жыл бұрын

Way of understanding is awesome, keep going.

@sikarwar_aditya 3 жыл бұрын

Thank you for your valuable guidence.. and offcourse thank you for your presentation literally we understood the concept of credit card with practically.

@omprakashsakhare605 Жыл бұрын

Thank you sir for making this valuable vedio gives important information about credit card.. It's really helpful for understand 👍

@gopalkabade3703 2 жыл бұрын

I'm looking for a credit card. I have some queries. 1) Do banks take service minimum charges monthly 2) service tax applies only if we use card or its compulsory for monthly bills

@deshbhakt2582 3 жыл бұрын

Sir you are really a good advisor . you always make videos which help us too much.

@sonamdeshpande7281 3 жыл бұрын

1. CRED app ka kya interest hai rewards dene me 😁😁 2. Which is best credit card as of today?? In terms of reward system or cashback

@nadeemkhan4907 2 жыл бұрын

Bhai is it better to pay the credit card bill on bill generation day itself or do we need to wait for few more days to make the payment so that it is good for cibil score.pls reply brother thanks.

@uploadsonlybyamlan1184 3 жыл бұрын

Please suggest which credit card should i take in between : 1. HDFC MC REGALIA CREDIT CARD 2. HDFC REGALIA FIRST CREDIT CARD

@dpkmrwt 3 жыл бұрын

I use HDFC Diners Club Credit Card. Sir, I am a big fan of you and the way you explain these things. I request you to please make some content on Dividend Mutual Funds and what are your personal favorites. How to select them. Respect!!

@rajapal7601 3 жыл бұрын

Thank you Sir for giving such necessary information.

@onlinesunilkumar 2 жыл бұрын

Thank you so much for this information 🙏

@khushsaifi4691 Жыл бұрын

You are soo knowledgeable... Thnk uh soo much sir❣️

@pramilahadole6157 3 жыл бұрын

You know what mere har saval ka answer muze tumhare videos me mil jata hai . Thank you so much 🤗🤗

@chhavikantsingh 3 жыл бұрын

Use credit card maximum but always keep a track of payment date as using this does not makes multiple transactions on savings account and you can earn more interests on saving accounts.

@tousifraza822 3 жыл бұрын

Sir, aap ne credit card ki puri jankari bahut achhe se samjhaya hai thank you

@mashup3594 2 жыл бұрын

Sir can we do international payments through Amazon pay credit card? Like purchasing any Google services?

@abdullahb8534 3 жыл бұрын

Sir your stock market classes and other relevant videos are the best on youtube. So it is a request to you to explain us about technical analysis also.

@pravindarawade391 3 жыл бұрын

HDFC credit card is one of best 1. No annual Charge OR joining charges 2. Rewards point for Fuel refill from HDFC also and From HP petroleum also 3. Rewards point on online shipping 5% fixed 4. Offer on filpkart and Amazon 5. 45 Days for bill cycle

@socialistnetwork9221 Жыл бұрын

I found this video pretty helpful. Thanks bro.

@apj123 2 жыл бұрын

Thanks for this nice video, Mr Kamra.

@authenticmind6393 3 жыл бұрын

Sir jee keep going in and never put off this smile on your face

@ArpanSarma 3 жыл бұрын

Very good video Pranjal. Very well explained. Keep up the good work 😌

@khandaysohail4832 3 жыл бұрын

Sir, you provided best explanation.

@AshwinVlogs 3 жыл бұрын

Helpfull video Thankyou Sir

@tanvirsingh4522 3 жыл бұрын

Thanks Sir, You Are Contents are Most Valuable in Finance

@BMRTREDING31 3 жыл бұрын

I use kotak bank &SBI credit card good option on emergency time apko kiseke pass paise mangane ki jarurat nahi❤️👍👍

@souravchatterjee1088 3 жыл бұрын

Nicely explained Sir. Thanks..

@palu59 2 жыл бұрын

Sir plz tell us what if we paid half of our credit card money then remaining we pay after our credit days what kind of interest we suppose to pay???

@munish14sd 3 жыл бұрын

मैंने CRED से क्रेडिट कार्ड की 1000 रू की payment की काफी समय तक क्रेडिट कार्ड में Payment नहीं मिली जब कि बैंक अकाउंट से Payment चली गई थी मैंने दोबारा दूसरी बार फिर Payment की तो कुछ समय बाद 1 Payment क्रेडिट कार्ड में नजर आने लगी उसके बाद 2 payment में से 1 payment आज तक नहीं refund हुई CRED का कोई customer care भी नहीं bank को और Cred को एक ही Email में 1 साथ Transaction details साथ भेजी.. बैंक का जवाब तो आया कि हमारे तरफ़ से Payment Cred के अकाउंट में जा चुकी है लेकिन CRED का आज तक कोई reply तक नहीं आया बस आज तक इतना ही use किया CRED का दोबारा कभी नहीं.... Very bad experience with CRED

@jaideepsinghsingh3189 3 жыл бұрын

Cred me option ata hai refund uske liye apko usme account ki detail dena pdega Cred is safe

@varunkk1234 3 жыл бұрын

Yes sir , you are right....I'm also using same Amazon ICICI card and it also gives direct cash rewards to Amazon account.

@safishaikh7798 2 жыл бұрын

Thank you so much brodher for my eny daut clear.. sir

@mandykalita Жыл бұрын

@Pranjal - You are forgetting a very important term "Trailing Interest" on Credit Cards. Please make a video on that, I learned the hard way. CC Banks do not easily tell you this. People should know.

@jabranashiq5439 Жыл бұрын

trailing intrest kia??

@sayedsalman3085 3 жыл бұрын

Sir , thanks for the informative session.

@nikhilekbote7422 3 жыл бұрын

Surprised to see videos related to credit cards suddenly popping up from many finance/ stock market related youtubers.

@parthsalat 9 ай бұрын

Best video which summarises everything about credit cards

@raviahw9816 3 жыл бұрын

Tnq so much sir for sharing this usefull information about credit card with us from guna (m. P.)

@VikramKumar-iz2yf 3 жыл бұрын

Mtlb isko kahte hai smjana.. Har doubt ek hi video mai solve kr dia. #No-Queation Great sir.. 😍

@anuragsrivastava7530 3 жыл бұрын

Hello Pranjal, What to do in the instance of closing a credit card? Banks normally are not interested in this and do not entertain this request easily.

@shubhankjoshi8796 7 ай бұрын

Thanks for your detailed explanation boss ! really helpful

@pritidutta5270 Жыл бұрын

Very clear explanation thank you 👏

@AbdulRehman-jn6we 3 жыл бұрын

Do you know who pays for your Credit Card Rewards? Ans: General Public who is making payments via Cash, Netbanking, and Debit cards. Stores(both online and offline) have to pay interchange fee to the credit card companies. To offset this interchange fee, stores include this interchange fee in the product's MRP. MRP is same irrespective of the payment method(cash, netbanking, debit or credit card). So general public, who is NOT using credit cards is also paying this interchange/transaction fee. This is the reason why many stores do not charge anything extra for credit card swipes, as the interchange fee will get recovered from non-credit card users. Credit Card companies give fraction of this interchange/transaction fee as rewards to the credit card users. Information Courtesy: Vox

@satendrasharma007 3 жыл бұрын

and Mr Pranjal don't know this fact 😀

@adarshkakade8775 3 жыл бұрын

So be a credit card user and avoid extra fee😜

@shahryar1673 3 жыл бұрын

Worst part about cred reward points is to use reward points you have to shell out money. Just give us some gift cards and simplify our lives.

@nkrishnamys 2 жыл бұрын

Sir Ji, Can i add credit card to Gpay ? If yes .. would it we wise to pay by using Gpay linked credit card for payments ?

@samarthchowdhury6574 3 жыл бұрын

When we get fd based credit cards Can we use that credit card to online shopping and make emi according to our fd limit

@rishikeshmakwana4303 3 жыл бұрын

Thank u for giving us valuable information and right direction .... great fan of finology...

@pranjalkamra 3 жыл бұрын

Thankyou so much!

@NickAlways 3 жыл бұрын

Looking fresh today.. Thanks for the video

@mohammadumair1134 2 жыл бұрын

Very very very well explained bro ♥️

@vinaysharma9089 Жыл бұрын

NAMASTE SIR . Which credit card is best for online shopping like Myntra,Amazon,flipkart and others ?

@pratikjoshi9836 3 жыл бұрын

SBI credit card is too good charges less in EMI and good offer I generally use reward points for movie tickets 😉

@theworldentrepreneurs 3 жыл бұрын

You're are awesome sir.... You're providing such a valuable knowledge free of cost....Great Contents...Love from MEGHALAYA

@pranjalkamra 3 жыл бұрын

Thanks a ton!

@nikkheiljain5898 3 жыл бұрын

@@pranjalkamra CRED nowadays not giving any such good deals or offers.

@chirag_cc 3 жыл бұрын

@@nikkheiljain5898 apna data bech ke malamal ho gaya woh

@sonamdeshpande7281 3 жыл бұрын

in Meghalaya, which language do you speak ?? and what is your staple food?

@chirag_cc 3 жыл бұрын

@@sonamdeshpande7281 ye Google pe bhi mil jayga bhai... raat ke 2 baje kyu disturb karrai... Zhop ata

@amitabhmaheshwari 3 жыл бұрын

Beautifully explained

@AlliMST96 Жыл бұрын

itna achha information dene ke liye ,dil se sukriya .

@frzaju 3 жыл бұрын

Great content as usual.

@advatulsingh1689 3 жыл бұрын

As usual your video is always good 👌

@rajatsubhradas839 3 жыл бұрын

I am using Sbi-Bpcl card. They give 13X reward points against fuel purchase at BPCL petrol pumps. As I am a daily commuter and I spend much on fuel, this card is apt for me. Check the card out if you too have to spend good amount on fuel.

@sushantsingh3155 Жыл бұрын

Credit card k Lea message me

@an.eternal.thinker 3 жыл бұрын

This is what I searching for .. 🙏🏻

@abhishek1862 3 жыл бұрын

i m using amazon credit card sbi smply clik credit card and for payment i use cred app from last 1 year app is great and rewards in flat cash back

@subratamajumdar2763 3 жыл бұрын

Hello sir nice informative video..but you should say something about minimum amount due which credit card companies charge if you can't pay the full due amount.

@sd_97 2 жыл бұрын

I liked your way of speaking. Content was nice.

@march6053 3 жыл бұрын

Bhai thanks for your information, Kya fd against credit card pe jo online website or store pe available offers hote sabhi avail hote hai? Or kya fd against card ko achha use or achha cibil score karke uske base par hum dusri bank ka credit card without FD rakh ke apply kar sakte hai?? Please guide brother.

@panwardeepak79 3 жыл бұрын

क्रेडिट कार्ड💳🤔🤔🤔,मे तो उधारी से दूर रहता हूं😁😁😁😁,इमरजेंसी के लिए इमरजेंसी फंड😎😎💰💰💴💴,nicee इन्फो प्रांजल जी😊😊👌🏻👌🏻🇮🇳🇮🇳🇮🇳🙏🙏🙏🙏

@kishanmaharshi7276 3 жыл бұрын

Sir does increase in revenue for last 5 years is an important factor in investing?? The company I am analysing is having a revenue decrease for a year between 2016-2017 so can I consider this and carry forward my analyzation or should I drop it? Please reply🙏

@dhurvgupta1021 2 жыл бұрын

Etna video dekh koi achha se nhi samjha paya AP ka video dekhne par Pura pta Chal gya

@shaileshpradhan2461 2 жыл бұрын

Aap ke duwara diya gaya jankari mujhe aacha laga Thank you sir

@AmitGupta-qm7dj 3 жыл бұрын

Sir! how company manage multiple bussiness and their account.. Like how they manage money from different different company they run.... How they mange their account......

@kajaldixit1692 3 жыл бұрын

Sir you are very good explainer 🤗

@Yuvraj_kaule 2 жыл бұрын

Most Important information i get in this video thank you for help

@ravirayalwar7284 3 жыл бұрын

Great information. Thanks 😊

@vishalmahashabde5146 3 жыл бұрын

Need some trick to use credit card to pay off EMI without any charges

@Bhatiji 3 жыл бұрын

Hi Pranjal, suppose my bill is generated and then I receive some cashback on that card, which has some outstanding. So can I adjust that cashback against the outstanding? I'm checking this for my Citibank Indianoil card.