India Business News: Learn how to avoid credit card traps, high interest rates, and debt traps. Get answers to frequently asked questions about credit cards.
Credit cards can be used to pay bills and for shopping both online and offline provided the total payment is within the credit limit provided by the issuer. Credit card issuers offer interest-free credit periods ranging from 20 to 50 days. It is typically the period between the date of your purchase and the next payment due date.