Avoid these 7 Credit Card mistakes
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- Опубликовано: 19 июн 2023
- Welcome to our channel, where we dive deep into the world of personal finance to help you make smarter choices and avoid common pitfalls.
In this video, we'll be shedding light on the seven most prevalent mistakes made by credit card users and how you can steer clear of them.
Credit cards can be incredibly convenient tools, providing flexibility and rewards when used responsibly.
However, without a clear understanding of their intricacies, you might find yourself trapped in a cycle of debt or missing out on valuable benefits.
Join us as we break down these seven crucial mistakes:
1. Minimum Payments:
Making only the minimum payment might seem convenient, but it can prolong your debt and cost you dearly in the long run.
Discover how to manage your payments wisely.
2. Overspending and Impulse Buying:
Credit cards can tempt us into spending beyond our means.
Learn how to resist impulsive purchases and stay within your budget.
3. Carrying a High Balance:
Carrying a high balance not only impacts your credit score negatively but also subjects you to excessive interest charges.
We'll share tips on reducing your balance and paying down debt effectively.
4. Paying Late or Missing Payments:
Late payments can lead to hefty penalties, increased interest rates, and a tarnished credit history. Find out how to avoid these costly errors.
5. Accumulating Too Many Credit Cards:
Having multiple credit cards can be overwhelming and increase the risk of overspending.
By addressing these mistakes head-on, you'll gain the knowledge and confidence to make smarter financial decisions.
Whether you're a seasoned credit card user or just starting your financial journey, this video is for you!
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Hit the notification 🔔bell so you never miss an update. Together, let's build a strong foundation for financial success!
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💳Credit cards I use every week:
Lifetime FREE Cards:
One card: 1cardapp.page.link/ZwpZ
Use my exclusive code ARADZC1HW when you join.
IDFC: idfcfr.in/ePlgZG
AU lit card: tinyurl.com/4mjud549
AU lit card: tinyurl.com/4mjud549
Axis Neo Card: tinyurl.com/59hhpp3z
ICICI: tinyurl.com/3ynbh9ns
Annual Fee(₹590):
Flipkart Axis Credit card: tinyurl.com/59b58uzz
Tata Neu HDFC card: tinyurl.com/mu8fkk8d
HSBC Cashback card: tinyurl.com/2vaa3rvw
Exclusive Card for 🎬Movies:
10% off Lifetime FREE
Axis Neo Card: tinyurl.com/59hhpp3z
Buy one get one FREE ticket upto ₹250:
HSBC Cashback card: tinyurl.com/2vaa3rvw
Exclusive card for ⛽️Fuel:
Axis Indian Oil: tinyurl.com/yc3yrkkz
Exclusive card for booking 🚄train tickets:
IRCTC SBI: tinyurl.com/ymj3vs9d
Exclusive card for online 🍕Food Delivery:
Lifetime FREE 40% upto ₹120 twice a month
Axis Neo Card: tinyurl.com/59hhpp3z
Annual Fee(₹590)
Swiggy HDFC card: tinyurl.com/4hpt8bet
5️⃣ books📚 you should read:
Atomic Habits: amzn.to/3QF6690
Psychology of Money: amzn.to/4adA1fE
Rich dad Poor dad: amzn.to/4ae4oT5
Almanack Of Naval Ravikant: bit.ly/navalwisdom
Daily law: amzn.to/3WyFvhK
Journal📝: amzn.to/3WtLHaW
Tech I use everyday
Mic🎙️: amzn.to/4bdiVjc
BenQ 24" Monitor: amzn.to/4bqZtzT
Tripod Stand: amzn.to/3ybhZgK
Zebronics 🖱️mouse: amzn.to/4b7Xv76
Mac Mini M2: amzn.to/3QB1TmU
Bluetooth 🎧earphones: amzn.to/4dw6y3t
Wired 🎧earphones: amzn.to/3QE2W5M
Phone tripod adapter: amzn.to/3UsAl48
HIT Anti Mosquito Racquet : amzn.to/3UTEWhm
Apple iPhone charger: amzn.to/3USoDkK
Apple iPhone 13 Mobile Covers: amzn.to/4bvdgoC
Epson 🛜Printer🖨️: amzn.to/4ahktr4
Samsung Smart 🖥️TV 32": amzn.to/4akjh6h
Firestick: amzn.to/3ye3F7g
Get instant discount of ₹400 & pay just ₹799 for an array of privileges like Sony LIV, Disney+ Hotstar, RUclips Premium, Google One and more.
Get your 20+ subscriptions & 40+ benefits now: bit.ly/timesprimediscount
Promo code: ARAV6378
Your journey to savings begins!
Remember to subscribe to our channel for more valuable content on personal finance, money management, and smart financial habits.
Hit the notification 🔔bell so you never miss an update. Together, let's build a strong foundation for financial success!
details pls
IDFC bank credit card reward points never expired.
@@vinugsmdetails of?
Very good thing is that u came to the point and didn't simply waste our time... Good going👏
Keep posting these long and informative videos.
Thank you so much bro...very useful information
Good job …Do more like this video ! Very useful
HDFC Millennma cards don't have any reward points expiry. Bonus tip : Those who frequently use credit cards for fuel, checkout SBI's BPCL credit card.
HDFC Money Back Plus Credit Card also don't provide Reward Reedem fees. It is very Good Credit card
Am using BPCL card if we fill fuel for 1000 rupees then we have to pay 1010 in bill why charging extra ? Even we fill fuel in BP bulk also
@@premkumarn1986For credit cards charges applicable bro
HDFC millennia is one of the best credit card
@@premkumarn1986Bro some fuel station ⛽ not a direct outlet of Bharat Petroleum. They are kind of agencies and also if u r using SBI BPCL card purchase for fuel above ₹500. They will charge extra amount but it will return in your BPCL statement (The extra amount charged from you).
So the point is Use Direct Outlet of Bharat Petroleum and Purchase fuel above ₹500 after u will get the benefits of SBI BPCL card.
Thanks for the video bro
Nice one buddy..... welcome to the long form content
Thank you Arvind .. useful info
Seriously very useful bro
Ur knowledge is very useful
very good info!!
Happy to watch your video.. You deserve lot more..
Thank you bro...
Thanks for the video bro❤
Really a useful video for all..
Informative video. Keep going 💥
Very useful message
Good information 👍
Hdfc millenia, bpcl sbi card and Amazon icici credit card is good and I have personally used them for over an year now
Thanks very useful for me to understand credit card 🙏I'm beginner 😅
Your videos are very good...
Hey man u doing great
Good job aravinth....
Thank you bro!
What is premium credit card
Please explain!
Tq bro 🎉
❤ . Nane ithulam pannitu than iruken intja mistakes la
Useful
tks bro
Nalla explanation bro. 🙌🏻
You are doing awesome job bro, i learn more things from your content good job bro
Thank you for your kind words,Bro💚♥️
Good
Good video
Now a days most of the shops, petrol pump is not having swipe machine, is there any possible by paying credit card by scanning
Citi rewards card rewards points doesn’t expire as long as you hold card with them
Note : citi consumer banking is taken over by AXIS bank
Thank you bro
Welcome, Manivannan
Super spch thank you sir
அருமையான தகவல்கள்
Amex card best if u were in tier1 cities, both mrcc and platinum travel
Excellent thambi❤❤❤
Best cards list podunga bro
Dear Aravind Kanna,
Past 10days only im seeing ur videos, that too the shorts., u r the eye opener for the people who does not know on there savings, investments, banking rules, terms and conditions etc.
Wish you all success in all your endeavours.
Amar uncle
Thank you so much for your kind words, Amar💖
@@aravindkaasui need to contact you please provide any source of mail id or mobile number
Tq❤
Make a full video of credit card offer
what is the premium credit card and benefit..?
I'm expecting more videos from you.
Which credit card is best for utility bill payment, mobile recharge and off line usage?
Good information bro...i need card name ...which one is not use redeem charge..
Hai Bro SIP Start panna compulsory Auto debit tharanum ah?
Yes correct
Thanks, Hema
Bro,neegha minimum balance zero kela pochina,fine pudikka kudathu nu sonningha ,but bank of baroda la fine potan keta,fine kattuna dha account close panna mudium nu sonnan ,nanum ennaku need irundhadhu nala fine pay panniten ,avungha mela complaint file panna mudium ah.
Best term insurance plans sollunga
Shop vacherukan Own swip machine ennoda own criedit card use panalam
Any good travel credit card?
Feeling good
Hii bro I am using ICICI credit card after closing emi. If I will surrender the credit card. Does it affect my cibil. I don't want to use the credit card
hi bro how to increase credit card limit?
Protection plan credit card ku ena sonalum ethathu soli activate pantanga atha epdi sbi la cancel panrathu? Inakitha activate achi cancel panna amount return vanthuruma? Plan safe ?epdi cancel panrathu?konjam explain panunga plz...
Tq bro
Welcome, bro❤
Emi credit card la poitu irundha adhu monthly usage kanakula varuma bro
Bro entha bank oda credit card vaangalaam bro sollunga bro
Bro credit card to upi transfer panna oru nalla branded app iruntha sollunga...
How to reedam rewards points in hdfc credit card
Best credit card video podunga
Brother yannoda sbi credit card bill na pay pannitan yannoda account la erunthu amount debit aagiduchi aana bill payment failnu vathuduchi bankla ketta sariya response pannala please help me Brother
Citibank Indian oil doesn’t expire for rewards Point
Hdfcbank UPI credit card is worth or not?
IDFC CREDIT CARD one of the best 🎉
Bro share market teaching center suggest panunga
HDFC Millania card don't change as of now. We can redeem cash also. 1000 point = 1000₹.
Bro nan Flipkart Axis credit card vangunen.. but purchase ethum panala... but Joining fee 2K kita irunchu... athu pay pana mudila.. so call pani card ah cloe pana soliten.. ipa card close agiruchu.. but due payment enaku credit scorela katuthu.. atha Epdi Repayment pana mudiym any idea bro😢plz hlp
bro i used axis ace credit card... that card is cancelled by axis bank to me. reason is i done business txn. more than 100 txn every month... now i want that ace credit card.. how can i get it.. i already been using axis flipkart card.... i ask customer care.. but they not issued to me....
Idfc first millennium credit card has no expiry for reward points
Rupay credit card upi transaction limit edhum iruka any charges varumaa
Mistake 5 if not closed annual fee need to pay
Thanks bro, intha video la eruthu new points nan kathukiten. Thanks for sharing and continue your work.
Welcome, Rajkumar♥️♥️
Aravind bro credit limit epdi increase panradu
Hi aravind! Really heartful thanks for sharing these valuable information. Need more information (Tamil version) about credit card, EMI Tips etc.
Emi is 24% for consumer goods
Bro credit limit automatic ahh next month renewal aaguma.. example ahh ennododa credit limit 25000 naa 12500 tha use panra. Due date kulla naa kattula.. but next month ennoda credit limit 25000 irukkuma illa 12500 tha irukkuma.
Na banking app lye bill pay panta but agai. Again due date vara pothu seekrama bill katunga nu cred Paytm la katitu irku
What is downgrade and How to downgrade my credit card ??
Bro in vesting pathu video pannunva❤
Credit limit 50k erunthu 40k ku ethachu things vangitu monthly monthly 5k emi pota overutilize pana kanuka bro adhu? becoz 50k ku 80% than 40k.
How to redeem points?
Bro na credit card vankuna but activate pandrathuku munnadi miss pannita so ethum problam aguma plsss reply pannuga bro
Bro... Na sbi rupay credit card use panre... But na upi payment use pannumbothu... Some extra charges... Add aaguthu... For example 50 rs use panna... 60.80 rs...credid card la poguthu... But enaku 50 rs tha... Use panne.. nu msg varuthu normala... App la poi histrory check panna apram tha... Ithu enaku therinjathu... So na time ku bills pay pannidre... But enake theriyama... Ivlo nal.. extra charges serthu pay pannitu iruke... Ithuku oru solution sollunga bro... Itha pathi konjam detaila... Sollunga bro...
Credit card close panna cibil score affect aaguma bro
100th like 💥💥
hdfc millennia credit card , SBI simply save cards don't charge redeem charge .
HDFC money back card good for voucher no extra charges
Theiryama credit card kulla thalya vituten....i have 3 cards....now I have paid fully ....card close Pana affect aagum nu soldra .....idhularndhu escape aaga Ena vali
SBI credit have Beat no redeem Charges
Regarding the Point number 2: why is it a mistake to continue using basic credit card after years, most basic credit cards are without annual fees nowadays. Premium cards fees range from 500rs to 5000rs, when a basic card does the required job, why unnecessarily to go for premium and pay the fees to the bank ? what's the benefit on it to the user ?
Yes u r right bro
Premium cards will have huge Benefits like airport launge access more others
If your working a company you can always ask for life time free card .. there might be a options as i work in HDFC i have seen lot of customers getting lifetime free card
I was using HDFC millennia credit card with annual fees of Rs.500/- and Bank offered me a upgrade with HDFC regalia card with a annual fees of Rs.2500/-. I realised annual fees is more on upgrade and we have to o take only if it is necessary and dont take just because bank is giving..
@@srinivaseven request the bank to change your millennia credit card to lifetime free. I was also using it for 1000rs annual charges. They changed it to lifetime free. Just ask them to raise the request.
Bro actual aa saraku aadikarothom credit card onnu tha
Credit card loan edukalama?
Nice video Aravind! Keep it up
Thanks, Shibu
My man came with long format video 😂❤🎉
😂😂😂 ending la Siva paathia
Paathen bro ... Unga video la enaku oru cameo kudunga bro ❤
Plzz investment vdo poduunga plzz vrooo
What do u mean by downgrading the old credit card once upgraded to the new one? If we didn,t close the old card then this will increase the number of cards that we have right ?
Upgraded means from the same Old Credit Card updating to a New One its not getting a fresh Card.
Which credit card is best for online shopping like discount no cost emi etc HDFC SBI OR ICICI?
Amazon pay credit card
Bro remeed panna aprm amount credit aagavella
Premium credit card enatgu