Contents
- 1 Credit Card Latest News 2023: 15+ Important Information About Using Credit Cards
- 1.1 1. How do you use a credit card?
- 1.2 2. How many types of credit cards are there?
- 1.3 3. What Is The Credit Card Limit?
- 1.4 4. Can I withdraw cash from my credit card?
- 1.5 5. What is the charge for cash withdrawal from a credit card?
- 1.6 6. How To Withdraw Cash From a Credit Card?
- 1.7 7. How to withdraw cash from a credit card without charge?
- 1.8 8. Up to how much loan can be availed on a credit card?
- 1.9 9. When Should The Credit Card Bill Be Paid?
- 1.10 10. What happens if the credit card bill is not paid on time?
- 1.11 11. In how many days does credit card money has to be deposited?
- 1.12 12. How To Pay Credit Card Bills With Google Pay?
- 1.13 13. What is the meaning of minimum due on a credit card?
- 1.14 14. What Are The Benefits of a Credit Card?
- 1.15 15. What are the disadvantages of credit cards?
- 1.16 Share this:
Credit Card Latest News 2023: 15+ Important Information About Using Credit Cards
If you also use a credit card then today’s “Credit Card Latest News 2023” is only for you. In this, you will get to see 15+ important pieces of information related to credit cards, which will be very useful for you later.
In this post, you will get much Important Information related to Credit Card Usage, Credit Card Payment, Credit Card Benefits, and Credit Card Loan, meaning credit cards, which will always be useful for you.
1. How do you use a credit card?
The advantage of getting a credit card comes when it comes to using that credit card properly. Otherwise, the credit card becomes a problem.
If you use a credit card and do not pay the bill on time, then the Credit Card user may incur very expensive interest.
For this reason, before using a credit card, you should have complete information about it. So let us now know how to use a credit card properly and properly.
- Shop at the right time and use the right card together.
- Pay the bill in credit EMI on time.
- If you want a loan, then you can choose the option of a personal loan in an emergency.
- Whenever you do an online purchase, use the reward points at that time.
- Redeem your credit card reward points instantly.

2. How many types of credit cards are there?
Let us now know about it, How Many Types of Credit Cards are there?
There are many types of credit cards, but here we will discuss only Seven Types of Credit Cards.
- Business Cash Credit Card
- Student Cash Credit Card
- Secured Cash Credit Card
- Travel Cash Credit Card
- Reward Cash Credit Card
- Cashback Cash Credit Card
- Low-Interest Cash Credit Cards

3. What Is The Credit Card Limit?
Although the Credit Card Limit is normal, there are some factors for this, keeping in mind the limit of your credit card is determined.
- The first factor is that depending on how much your income is, you will get the credit card limit. If your income is high then you will get more credit card limits.
- The second factor is what is your credit score, how much is it, any loan you have taken behind, and what is its repayment. Because it also depends on your loan repayment record. What should be your credit card limit? If your credit score is high, then your credit card limit will be higher.
4. Can I withdraw cash from my credit card?
With online shopping through credit cards, you can also withdraw cash payments if needed. And you will get this facility on the credit card of every bank because every bank gives its customers the facility to do cash transactions with credit cards.
With this card, you can also do the shopping and if you need cash, you can also withdraw it, but due to this ‘Cash to Credit Card’ facility, you may have to pay a very heavy cost for the credit card.
Therefore, as much as possible, use your Credit Card For Shopping.
5. What is the charge for cash withdrawal from a credit card?
It depends on the bank how much they charge for withdrawing cash from the credit card. Credit Card Charges can range from 2.5 percent to 3 percent of the amount withdrawn.
But each bank has a different charge for withdrawing cash. If you are withdrawing Rs 10,000 in cash from your credit card, then the bank can deduct Rs 200 to 300 as a charge from your credit card.
That is, if you withdraw 1 lakh rupees from your credit card, then the bank can deduct from 2000 to 3000 rupees according to you (2.5 percent to 3 percent).

6. How To Withdraw Cash From a Credit Card?
So let us now know how to Withdraw Cash From a Credit Card.
We have given below some easy points on how to withdraw cash from a credit card, through which you can withdraw your money without any hassle.
- You have to first go to the ATM machine.
- After this put your ATM inside the ATM machine.
- After this, you choose your language so that you do not have any problem in understanding.
- After this, you select your account (eg savings, current).
- After this, enter the amount you want to withdraw from the ATM machine.
- Now it will ask you about your PIN, then you enter your PIN in it.
- It will verify for some time after entering the PIN and later your money will come out.
This is the easiest and simplest way to withdraw money from a credit card. Keeping these few points in mind, you can easily withdraw money.
7. How to withdraw cash from a credit card without charge?
If you are also thinking of Withdrawing Cash From Your Credit Card Without Any Charge, then it is absolutely possible. But for this, you have to link your credit card with Paytm Wallet.
If you link your credit card with Paytm Wallet, then you do not have to pay any kind of charge for it, it is absolutely free.
- First of all, link your credit card with your Paytm Wallet.
- Now transfer from your credit card to the payment bank in your Paytm Wallet.
Now you can easily withdraw money from your Credit Card Without Paying Any Charges. And now you can send money to any bank, in this you do not have to pay any kind of extra charge to the bank.
8. Up to how much loan can be availed on a credit card?
According to the official website of ICICI Bank, you can take a personal loan of up to Rs 20 lakh against your bank’s credit card.
According to the information, let us tell you that from 14.99 percent to 15.99 percent of the statement will have to be given on this credit loan. And with this, you can also repay the loan for a maximum period of 60 months.
Now it depends on you how much loan you need. Or from which bank do you want to take a loan of how much amount?

9. When Should The Credit Card Bill Be Paid?
If you keep paying the credit card on time, then you are given a good repayment certificate from the credit card bank, in which it is written that you have paid your every payment on time. So that the bank also has good faith in you.
Therefore, you should always Pay Your Credit Card Bill as per the regular date of the bank. If possible, you should pay it ahead of time, so that the bank also has confidence in you.
And if you get a chance to take the loan again later, then you will not have to face any kind of difficulty.
10. What happens if the credit card bill is not paid on time?
If at any time you have not Paid Your Bank Credit Card on time, then you may have to pay additional charges due to non-payment of the bill payment on time.
And in this way, if you do not pay the bill on time, then it will create a big problem for you later, which will be known when you take the loan again.
11. In how many days does credit card money has to be deposited?
Assuming that the statement date for your Credit Card Bill is the 20th of every month, and your credit card bill is paid on the 10th, then you can pay your credit card bill by the 10th day of the previous month. Is. And this payment will come to you within a period of about 50-days without interest.

12. How To Pay Credit Card Bills With Google Pay?
Before paying your credit card bill, you need to Link Your Credit Card With Google Pay. So that you will not have to go anywhere else to pay your credit card bill. And while paying the bill in this, Google Pay also keeps giving you many types of offers.
Let us now know How To Link Credit Cards With Google Pay, and how to pay credit card bills through Google Pay.
- First of all, update the Google Pay app on your phone and open it after updating.
- Now click on the profile icon appearing in the top right corner of Google Pay.
- After this, you have to OK the bank account option of your Google Pay.
- Now you will get 2 options “Add Credit and Debit Card” in which you have to select one to link your credit card.
- You will get many options to link Google Pay with a credit card as you can do by scanning a QR Code, or credit card also. If there is any problem in linking in this way, then you can also link the credit card manually.
- Now enter your mobile number and billing address inside it and do OK.
- When you complete this process, after this you will get an OTP number for verification, which will verify your mobile number.
- After your number is verified, you can pay your credit card bill with Google Pay.
13. What is the meaning of minimum due on a credit card?
Credit Card Minimum Due Amount: Minimum Due in credit card means that this is the payment that a credit card consumer has to pay every month. The same is called the Minimum Due Amount.

14. What Are The Benefits of a Credit Card?
If you have a credit card then you can take great advantage of it. Like points, rewards, cashback, and many other great offers, etc.
Recently, another new feature has been added to the credit card, through which you can also take cash when needed. And if you take cash from a credit card then it will be called a cash advance.
15. What are the disadvantages of credit cards?
For your information, let us tell you that the credit card gives you the facility to borrow money only for a fixed time period without any interest. You have to pay on time.
With a credit card, you get a lot of time to use the money and Pay The Credit Card Bill, due to which the credit card has become popular in today’s time.
There is only one drawback to this, and that is, the non-payment of credit card bills on time.
If you do not pay your credit card on time, then it can become a big problem for you. Therefore, never use a credit card irresponsibly.
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