Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses?
Basically your money will
no interest just like credit cards to a limit like 30 days or so. we will probably take a % out of your earnings via FD and also just like typical credit cards earn from unpayment of debts and relatively high interests levied on it.
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LIKHITH
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STAY UPDATED !!
Credit cards usage growing by 22% in india
Top 5 players (market share)
1.Hdfc bank = 27%
2.Icici bank = 19%
3.SBI = 15%
4.Axis bank = 11%
5.Kotak bank = 4%
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