Credit Card Companies
Posted by rupee on Thursday, April 25, 2013 Under: Credit Card
What Is Credit Card?
Also known as plastic money, a credit card is a small plastic card used as a system of payment. Users are allowed buy goods and services using the card. In return of the service of the card, the users/cardholders have to pay interest to the issuer. The credit card company generates a revolving account whereby users are granted a line of credit which entitles them borrow money to pay the merchant or to avail cash advance facility.
A credit card functions in contrast to a charge card. In the context of charge credit card, the users have to top up the card with certain amount of money in each month whereas such compulsion is not there with credit card. It allows you a continuous balance of debt which depends on the rate of interest applicable.
Moreover, the credit card is also unrelated than that of cash card. In such type of credit cards, the holders use them as a currency. Credit cards are generally issued by credit unions or credit card companies.
Credit Card Companies
The immense popularity of credit card in market has enabled numerous companies launch their respective credit card products for customers. In India, such credit card companies can be found in numbers.
Some popular ones are mentioned in the following manner;
For this, you should make a very extensive research on your own. Search companies and compare their credit card offers. Though it’s a little time consuming process, however, it’s always a blessing in disguise. You will absolutely deduce an idea of choosing right Credit Card Company based on the comparative details.
Also known as plastic money, a credit card is a small plastic card used as a system of payment. Users are allowed buy goods and services using the card. In return of the service of the card, the users/cardholders have to pay interest to the issuer. The credit card company generates a revolving account whereby users are granted a line of credit which entitles them borrow money to pay the merchant or to avail cash advance facility.
A credit card functions in contrast to a charge card. In the context of charge credit card, the users have to top up the card with certain amount of money in each month whereas such compulsion is not there with credit card. It allows you a continuous balance of debt which depends on the rate of interest applicable.
Moreover, the credit card is also unrelated than that of cash card. In such type of credit cards, the holders use them as a currency. Credit cards are generally issued by credit unions or credit card companies.
Credit Card Companies
The immense popularity of credit card in market has enabled numerous companies launch their respective credit card products for customers. In India, such credit card companies can be found in numbers.
Some popular ones are mentioned in the following manner;
- ABN Amro Credit Card
- Axis Bank credit card
- Canara Bank credit card
- Citi Bank credit card
- HDFC credit card
- HSBC Bank credit card
- Kotak Mahindra Bank credit card
- SBI credit card
- Standard Chartered Credit Card
For this, you should make a very extensive research on your own. Search companies and compare their credit card offers. Though it’s a little time consuming process, however, it’s always a blessing in disguise. You will absolutely deduce an idea of choosing right Credit Card Company based on the comparative details.
In : Credit Card
Tags: credit card credit card companies
