INSUBCONTINENT EXCLUSIVE:
Authors: JordanState Bank of India (SBI), the largest lender of the country, offers many types of credit cards.Credit cards are a convenient
way to pay for things, but convenience can come at a cost
People often spend more when they use a credit card than they would if they were using cash
Thus it is important to ask yourself questions like: is the card providing you the maximum credit period What is the interest cost if there
is any default in payments Are there any hidden costs associated with the card Only after satisfying such queries should you go for a credit
"A credit card can build your credit rating if you pay it regularly and help you getting other loans easily with better interest rates
You can earn reward points which can be redeemed for other products and services in the future," said Rahul Agarwal, Director Wealth
Discovery/EZ Wealth.Banks offer the option of credit cards
In fact, State Bank of India (SBI), the largest lender of the country, offers many types of credit cards.Benefits on SBI credit cards,
according to sbicard.com:Lower Interest Option: Customers can transfer the outstanding balances of their other credit cards to SBI cards at
lower interest rates or convert their transactions into equated monthly installments (EMIs).Encash: With SBI cards, you can have cash on the
go and also encash up to or above your credit limit
Thus you can stay ready for all your immediate needs.Money Simplified: SBI offers simple measures to provide you instant cash with SBI
Card's easy money and ATM cash services.Insurance: With your SBI Card, you can choose from three different types of Insurance covers,
empowering you to tackle health issues, accidents, card loss, card theft and more.Utility Bill Payments: Paying your utility bills has never
been so easy with features like auto pay, register pay and fast pay, said SBI Card.Easy Access Channel: You can access your SBI Card
account anytime, anywhere with sbicard.com
You can stay updated with 'Simply SMS' or download the SBI Card mobile app.Here are five key credit cards offered by SBI, according to
