how to draw money from blocked credit card?
is it possible yes! i just did today.
how? by calling credit card customer care they will ask your bank account details (ifsc,account no)
my case story: ordered 1 car dash cam, 1 digital audio recorder, after 1 year also not received,
raised request but they sent not checked for 1 year. further i tried email communication after 1-3 months got payment. (maybe baggood) or any.
lets add value to the content?
top 10 Faqs to credit card?
you can take credit card by depositing fd.
also they call if you maintain some amount savings regularly.
late payment?
if forgot make you get 500 INR as late fee.
and 36% interest on outstanding balance,
reward points & how credit card companies makes money?
card companies make 2.5% money on your spending (huge business right). then will give you 0.25% rewards.
sellers adjust this from his profit margin 30% avg.
petrol bunks: you will get cashback upto 100/pm.
wines: not add 2.5% extra if you use cc.
how to setup automatic Credit card payment?
auto payment available with sbi net banking.
imobile for icici
payzapp for hdfc
bajaj finserv rbl card
rbl app.
How to change credit card PIn?
you do it online within credit card portal. ex: sbicard.com as sbi card then go services and change pin. after expiry date you can get new card to registered mailing .address
How can I increase the credit limit on my credit card?
you get sms to registered mobile. and it will appear on card app.
How can I block my Credit Card?
with mobile app,
website
calling customer care
How to cancel the credit card?
call customer care to permanently block the card. for temporary you do it within credit card app.
How to redeem credit card Reward points?
you cannot withdraw in cash, instead of you can shop, buy vouchers like amazon,woodland etc.
there is separate redemption portla ex:rbl
within card website ex sbi
COnverting EMI No cost
In no cost emi by amazon,flipkart (EMI interest processed on discount product) so you have to pay interest (but that interest adjusted as discount)
more than 3000 you can convert but interest rates high?
you will see rate of interest emi and term while converting.
loan against credit card?
you will get this offers , check in offers sections in the card:
ex: 50000 1.6%Pm 19.6%year (flat/reducing rate)
What IS CVV?
3 digits pin back side on card. crucial in international transaction
Virtual credit card?
entropay for international,
sbi,hdfc, almost all banks accept, you can close /create anytime by net banking.
safety tips / fraud:
beware of skimming machines (duplicate card machines). hidden cameras.
international transaction no OTP needed. (you can disable it credit card portal ex: sbicard>>services>>enable disable international.
don’t give card to swipe in doubtful areas.
ex: i given my cc in the bar. next
they tried to add my balance to paytm.
then i got i realized (if its internationational i fkd up.)
