I don’t have a credit card. Never had one.. what am I missing out on? If I have to get one which credit card should I get. I have savings accounts in Axis and HDFC.
You are missing the hassle to remember due dates and the pain of calculating chindi reward percentages.
Other than that maybe a CIBIL score if you don't have any sort of loan and you are missing few offers and bank promotions
Other than getting a loan what is CIBIL score used for?
Nothing...enjoy the peaceful life
Really? I get full fomo when people get air miles and lounge access and what not
There are debit cards with on par benefits of credit card if you know where to look.
Can you share some tips? I have an axis and HDFC bank account
Really? I get a lot of fomo when people get free air miles and what not
Imagine you are relaxing on a vacation now. (Without credit card)
(With credit card) Someone tells you why arent you moving to city? Then you struggle. Then you compromise. Then you earn. Then you spend. Then you save. Years later you saved a lot, you take the savings and go on a vacation.
Simple logical answer in my opinion is
if you are good at Maths , go for credit card
if your are poor in mathematics in high school THEN STAY AWAY FROM CREDIT CARD, YOU CAN'T HANDLE ITS MATH OF EXPONENTIAL INTEREST GROWTH
You are missing out on unnecessary stress.
Not having a credit card is like not having a spouse. You obviously miss out on some obvious benefits (45 day interest free period, instant discounts, cashbacks/reward points, better CIBIL score) but you also gain a lot (peace of mind, arguably lesser expenses, time saved, irrational behaviour (i.e. missing cashback/points, unexpected charges etc)).
You are missing out if you frequently purchase things online using UPI.
SBI cashback card saves my 5% on every platform.
If you have airtel sim card used by family you can save 25%.
If you don't purchase online at all then you are not missing out.
Depends on your lifestyle and income.
You are missing the hassle to remember due dates and the pain of calculating chindi reward percentages.
Other than that maybe a CIBIL score if you don't have any sort of loan and you are missing few offers and bank promotions
Enjoy your life.... With cc you get good dealz but also lot of tracking and tension ... Stay away