Advantages of Balance Transfer Cards - Sample Diary. Balance transfers are a term almost every cardholder comes across.
Whether it be during the time of application, being advertised as a benefit or as a promotional offer being pushed their way. While some cardholders may be well versed with the term, first time cardholders might find this term vague and confusing. Balance transfers are a way of managing overdue credit card balances accrued on other bank credit cards by transferring them to a new credit card. Doing so would grant the cardholder the ability to pay off the balance in installments over specific tenures at interest rates that are much lower. As a result, it is a great way of clearing out dues before compounding interest rates spiral the debt out of control. But a balance transfer plan can do much more than stem the debt from overflowing. Opens up more room for cardholder’s money: The balance transfer plans can work for people who have debt that they can afford to pay off. New to Credit Cards? Here’s All You Need to Know – Guest Post Online.
3 Things Keep in Mind when you Applying for a PAN Card. PAN cards which have been a long standing identification card is an alphanumeric number having 10 digits is issued by the Income Tax Department and is a pivotal ID proof when applying for a slew of various financial products including opening of bank accounts.
This card is linked to numerous money transactions such as payments towards tax, filing one’s tax returns, to TDS certificates and many more. Credit Cards vs Debit Cards - ItechLegends - Tech News - Itechlegends.com. Credit cards or Debit cards?
There are those who would vouch for a credit card benefits over that of a debit card and there are those who believe otherwise. So which is actually better? Or are they winners in their own right? Lets take a look at both of their advantages and disadvantages. Debit Cards - Debit card users receive their funds from the amount that is deposited with the card provider, for e.g., if the Debit card is issued by the State Bank of India then the funds that can be used is the amount deposited in the user’s SBI bank account. The good part The best part of having Debit cards is, (apart from the spending aspect, we mean) that the user can keep an eye on his/her purchases and stay on track with their spending.
Apart from this, there is no extra fee charged on any of the purchases as well, unless the buyer spends more than the amount available in his/her bank account and incurs, what is called, an overdraft fee. The not-so-good part. The many uses of PAN Card you didn’t know about. PAN Card has been created obligatory by law and nearly each operating skilled within the country is understood to own one in their name.
But, what a majority of the individuals don’t grasp is that the in depth list of things the cardboard will assist you with. during this article we’ll state the numerous uses of this 10-digit alpha-numeric code. Here’s all of them listed out for you: To avail HRA tax benefit: You may already grasp that House Rent Allowance (HRA) is eligible for tax write-off as long as you show some proof for it. However, to avail this profit, you’ll have to be compelled to have a PAN card variety.
To not incur the next TDS amount: Tax Deduction at supply (TDS) is obligatory if the interest your cash earns quite Rs.10,000 each year. Worlds News and Trends Blog: News, Useful Tips, Technology and Health Blog. Will Mobile Wallets & NFC Payments Lead to End of Credit Card? - UPLARN. If you’ve done a mobile recharge from your phone or booked a cab for yourself recently, then chances are that you would be aware of the concept of a mobile wallet.
In layman terms, a mobile wallet is basically an app that lets you book cabs, pay for things and complete a variety of financial transactions. Similarly, NFC payment solutions help you to make payments with your smartphone and rely on near-field communication (NFC) chips which are embedded in smartphones and other devices. To make a payment, the customer just needs to enter the PIN of the account they wish to charge the transaction to and then tap their device to an NFC-enabled payment terminal. Now, with the ease which they offer, mobile wallets and NFC payment solutions are becoming a rage. However, it remains to be seen, whether or not such mobile payment solutions can lead to the demise of the mighty credit card.
Smartphone Limitations. Choosing the best travel credit card for 2017 - TravelForU. In today’s world, credit cards are ubiquitous.
People use credit cards to make payments for whatever they purchase. May it be a bag or a car, credit card can be used to buy them whenever you want. People in India love credit cards as they offer great benefits like annual fee waiver, store discounts, sign-up bonuses, etc. One of the best things you can do using a credit card is travel. Travel credit cards are the ones that are tailored to meet all your travel needs and requirements. But there are so many travel credit cards available in the market today.