What is a Credit Card?
A credit card is a transactional card that enables the holder to make purchases of goods and services or withdraw advance cash on credit.
Banks and financial institutions issue it to bring the convenience of payment. Credit cards act as a microloan tool where the individual makes purchases under the condition of paying off the same within a specific time period. There are no interest payouts if the due amount is paid within a specific time (interest-free period). The issuer pre-sets a custom borrowing limit, determining the maximum amount of credit a user can spend from a credit card. Credit cards allow users to save big through discounts and deals, making them popular.
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A credit card is a transactional card that enables the holder to make purchases of goods and services or withdraw advance cash on credit. It is issued by banks and financial institutions to bring convenience of payment. Credit cards act as a micro loan tool where the individual makes purchases under the condition of paying off the same within a specific time period. There are no interest payouts if the due amount is paid within a specific time (interest-free period). A custom borrowing limit is pre-set by the issuer and this determines the maximum amount of credit a user can spend from a credit card. Credit card brings users the opportunity to save big through discounts and deals, making it a popular choice.
What is Indigo Credit Card?
Indigo Credit Card is a Co-Brand Credit card in partnership with the IndiGo Airlines. Be it a business meeting or a family vacation, The Kotak IndiGo Ka-ching 6E Rewards Credit Card has you covered. Make all your spends rewarding!
Why is a Credit Card Important?
Credit cards are a convenient tool for managing your short-term financing needs. A credit card lets you borrow certain money and repay it later in instalments.
Interest is charged only if the credit amount is not repaid within the grace period, which ranges between 20 to 60 days. Besides allowing you to borrow funds conveniently, credit cards also offer a host of benefits such as reward points, cashback, frequent flyer miles, credit scores, etc. A credit card is certainly a must-have item in your wallet.
Is IndiGo 6E credit card a good card?
Yes, it is Surely very good credit card it helps you earn rewards points on all the spends. And takes care of everything be it business Meeting or Family Vacation.
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