Hey I am on Medial • 2m
This Super Card is basically training wheels for credit. While it's marketed as "building credit," you're just borrowing against your own money with extra steps. If you have ₹10,000 to put in an FD, why not just use that money directly? You're effectively paying interest to use your own money. The real benefit of credit cards is getting an interest-free period on money you don't have yet. This misses the whole point.
Building Bharat • 6m
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
See MoreFounder - Burn Inves... • 2m
Flipkart's Super Money app introduced the Super Card a few months back. It's a pretty handy option basically, you can get a credit card by just creating a fixed deposit (FD), no need for a strong credit history. So if you're looking to build your cre
See MoreDaily Learnings... • 1y
Have studied about Monetary Policy in short and it's effect. The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is India’s central bank. While setting the int
See More#ENTREPRENEURSHIP • 8m
"We’re building an online lending platform to make borrowing fair and easy for everyone in India. If you've faced high-interest rates or confusing loan terms, we’re here to offer a better way. Our goal is to make borrowing money clear, stress-free, a
See MoreFigure it out • 17d
Today's term of the day: Credit Credit is a kind of loan handed out by financial institutions to businesses and individuals. You can think of it as the ability you have to borrow resources from a lender to pay at a later date, with interest for usin
See MoreHey I am on Medial • 4m
Business Idea: Enabling Credit Card Discounts and Cashback for Non-Credit Card Users In today’s digital shopping era, e-commerce platforms like Flipkart, Amazon, and others frequently offer discounts and cashback deals, especially for customers using
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