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Moneycontrol.com >> Message Board >> View Messages >> Credit Cards
   You are here :     Moneycontrol     MMB      Personal Finance      Credit Cards
Credit Cards Best Suited for..... (1)   18-Aug-08 13:10Tracked by (1)  
Posted by:   BIG B on ( 18-Aug-08 13:10 )
1. Consolidated statment 4 full month's expences.
2. Increase your credit rating by regularly full payment of card.
3. Emergency fund availability.
4. Some bank offers monthly direct payment of Electricity, Mobile bills, Insurance premium etc. is also beneficial.
5. Some offers like Balance transfer / Short term EMI or Personnal loan on cards at attractive rate of int. without documentation is also good.
6. PERSON WHO DON'T HAVE CONTROL OVER HIS SHOPPING MUST BE KEPT AWAY FROM CREDIT CARDS.

Bhairav Shah
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