ฝัง
- เผยแพร่เมื่อ 8 ก.พ. 2025
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This video comes with notes, check here: bit.ly/3N4Pt4J
In this video, I break down the world of credit cards, revealing how they can be your best friend or worst enemy. I share insights on how credit card companies make money, the right way to use credit cards, and how to choose the perfect card for your needs. You'll learn about the dangerous trap of minimum payments and why paying your full balance is crucial for financial health.
I also provide a curated list of the top 6 credit cards suitable for those with a salary around ₹25,000, comparing their features, rewards, and fees. Whether you're a beginner or looking to optimize your credit card usage, this comprehensive guide will help you make informed decisions and harness the power of credit cards responsibly. Remember, with great power comes great responsibility!
#CreditCardMastery #PersonalFinance #warikoo
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My Money Apps:
Indian Stock Investing (Zerodha): bit.ly/3iYKROh
Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh
US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR
Portfolio Investing (Smallcase): bit.ly/3u0is0I
Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c
How to pick the right insurance (Ditto): bit.ly/3xFh7OU
The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.
My bestselling books:
'Make EPIC Money' here: amzn.to/3WHJ43F
‘Get EPIC Shit Done’: amzn.to/4fK1IR5
‘Do Epic Shit’: amzn.to/4fK9uuv
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
Let’s connect online:
🎙 My weekly podcast Woice with warikoo (Spotify): open.spotify.c...
📩 My weekly newsletter warikoo Wanderings: ankurwarikoo.c...
📱 Instagram: / ankurwarikoo
🐦 Twitter: / warikoo
👨🏻💻 LinkedIn: / warikoo
😄 Facebook: / awarikoo
🖋 Daily Blog: ankurwarikoo.c...
My Money Apps:
Indian Stock Investing (Zerodha): bit.ly/3iYKROh
Mutual Fund Investing (Coin by Zerodha) (You will need to create a Zerodha account for it first. Coin is free): bit.ly/3iYKROh
US Stock Investing + Investment Tracking (INDMoney): bit.ly/3tT5moR
Portfolio Investing (Smallcase): bit.ly/3u0is0I
Corporate Bonds (Wint Wealth): bit.ly/3sbUI8c
How to pick the right insurance (Ditto): bit.ly/3xFh7OU
The above links are for products that I personally use for my own investing. If you create an account on any of these using the above links, I stand to make a referral income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L. DO NOT assume that these are the best products in the industry. Please do your research and let me know if you have any questions.
My bestselling books:
'Make EPIC Money' here: amzn.to/3WHJ43F
‘Get EPIC Shit Done’: amzn.to/4fK1IR5
‘Do Epic Shit’: amzn.to/4fK9uuv
My gear for shooting this video:
🎥 Sony a7III camera: bit.ly/3M42wAV
🎬 Sony FE 24-70 f2.8 Lens: bit.ly/3KCCiF0
🎙 Shure SM7B Microphone: bit.ly/3O1NAVA
🔆 Fill Light 60W: bit.ly/37aJolP
💡 Key Light 150W: bit.ly/3O9nyjs
📽 Benro IT15 Tripod for Sony a7III camera: bit.ly/3O4PvJ1
The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L, in 2022 we contributed 53L and in 2023 we contributed 52L.
Mutual fund invest
Small cap fund infuser long term 10 year
Maid cap
Sir Stucks In Credicard Intrust Trap how to break the matrix Sir Plaese Help me out
Sir defence credit card ke baare btyo
Just one Simple rule: "Use your Credit card like your Debit card"
Don't spend money you don't have.
True 💯
@@Relaxing_music-rws 100%
True
as simple as that.
Bank itself is the biggest credit card, if you think about it 🤔
Credit card is for people who don't need credit.
Best comment
Right 👍
Nah bro. I need it and I have it 😁
I make only 12k per month and got 6 cards
Well said
100💯
I took credit card after watching your videos on how to use credit card. This helped me build a credit score and get a car loan with a better rate of interest. Lots of good wishes from Hyderabad 🙏🏻
That's Great!! Congratulations for your new car. May I know how it affected your credit score? From where to where it got increased? Thank you in advance.
@akshaygokhale8997 I dint have a credit score before taking credit card. I took a credit card and used it just like a debit card. Always used only upto my planned budget and paid in full, in time.
That helped me get a credit score
21:15 Phli baar aisa feel hua ki TH-cam pr nhi samne baithkar koi bada bhai smjha rha h, thanks bhaiya❤❤
Maine To Flexipay Kar Diya Bhai Ab Bhar Raha Hoon Har Month
Aapne meri aankhein kholdi bhai.. Allah aapko hamesha tandrusth rakhe. Ameen
Bhaii अल्लाह ne ब्याज़ khana haram kiya haiii tu to अल्लाह ka गुस्ताख़ haii....tera account nhi hona chahiye 😅😅😅अल्लाह ke hisab se ammiiinnn
आंख खोल दिया भाई ने, mathematic kabhi kiya hi nhi aise . You deserve rewards BRO truly!!!
I got HDFC gold card and I have started using it for all my monthly expenses and the day bill is generated I pay full outstanding that way i stay on the safe side. Additionally the card give me cash back, good offers and lounge access.
Bro if I pay google pay Marchant using the card is there any additional charges please tell me
Charges pay by merchant not a customer
@@tarun_mistri_ to use credit card shopkeepers tumse 1-2% extra charge krte hai kya?
God forbid but you are unable to pay on time on some occasions then you will be in trouble
@@varunpoojary4716No, you don't need to pay. Charges is applied for merchant
Legend watching this with 0 salary
True bro😅😂😂😂😂😂😂😂😂
I see this with 14k salary😊😊
Me with 6 credit card and 0 salary
And having a credit card with 0 salaray too..😂😂
To jaake kama na. Tum jais logo ko legend nhi bhikari bola jata hai
25000rs & Credit Cards ( 2 magical things to say towards an average Indian employee )
Right now making 12k per month having 6 credit cards 😅. I spent 15k to 20k per month on credit cards. Living in a joint family so no worries 😎
no income and 2 cc with 48k limit
Kese Mila @@mukulaggarwal6640
Ankur Warikoo you speak so softly n nicely Sir.
Sir. What a detailed explanation. Absolutely Loved it ❤💯
my fav part of the video is when you explained deeply about one of the best cards
love your work keep it up man..
Math with minimum amount due was really helpful, thanks for the information Ankur. Appreciate your efforts ❤
Best 5 credit cards:
1. SBI Cashback or HDFC Swiggy
2. Amazon Pay ICICI
3. Flipkart Axis
4. Airtel Axis Bank
5. HDFC Millennia
These are the best india's credit cards
Bhai HDFC freedom, SBI Simply click aur Kotak League Credit Card kaise hai
@@rahulpatel-mv2fn in tino hi cards ka reward rate mujhe to average hi lagta he, specially kotak league platinum ka. Big basket, swiggy, uber, oyyo me spend karte ho to Hdfc freedom thik thak te teta he. Agar amazon se shopping karte ho to sbi simply click bhi thik he aur kotak league platinum department mental stores aur railway surcharge waive off lene ke liye sahi he baki koi khaas baat nahi he tino me. Amazon, flipkart, myntra jesi websites pe jo discount offers chalte he, unke liye ye cards best rahte he. Mene jo upar cards bataye he unko lene ka try karo, agar nahi milte he dusre cards se start kar skte ho. Mere pas inme se 1 hi card he.
@@rahulpatel-mv2fnNot good
@@rahulpatel-mv2fn if HDFC Freedom card is your first and lifetime free card best to build credit score. SBI Simplyclick has 10x rewards but have to spend. no other benefits of movie tickets, discount on food like that as same as hdfc freedom and kotak league. if possible and meets eligibility and lifetime free upgrade from league to kotak ZEN or league rupay for more rewards.
Add HDFC TATA NEU INFINITY CARD
ANKUR THIS VIDEO IS AN EYE OPENER FOR MANY OF US! 👍
80 percent from Interest
18 percent from merchant fees
2 percent from card fees
Loved this video... loved the way you are trying to guide middle class people like us 🙏
Your videos are very useful and informative
1 airtel axis credit card
2 SBI cashback credit card
3 Amazon pay ICICI
Airtel Axis credit card jio ka recharge kru to cashback deta hai ya nhi?
@@RohanSh256 nahi
It will consider as utility bill. So, for jio recharge, we get 10% cashback instead of 25%
25% for airtel, 10% for other networks
FLIPKART AXIS KAISA HAI
Best Video for Credit card 💳
nice information sir.......i always watch your video.....
best cc for all type of cashback as per my opinion
1.amazone icic
2.flipkart axis
3.tata neu infinity hdfc
Yes You are right 👍🏻👍🏻
I have all of these for my Expenses and cashback Options 😊😊
1 credit card ka loop hole bhi hai. At the time of purchase if there is option of no cost emi you can select max duration so approx 16% interest amount will be given as discount. Once this transaction reflexts on your credit card transaction call your bank and ask them to cancel your emi and pay all the amount in one shot. It will give you 16% discount.... Using this from last 5 6 yrs ....
Prepayment penalty nahi lagtim
Which card do you use?
Bhai meri samajh ni ayi ye chiz
Can someone please explain in more simpler way? Sorry, I am new to cc and not familiar with these types of loopholes
Penalty lagte hain
You're such a good preacher. Valuable information.
1)sbi cashback credit card
2) Hdfc millennia credit card
3) amazon icici credit card
This best credit card ,
Top card
hdfc swiggy might be a good option than millenia
Yes swiggy hdfc is best
Bhai y card sabhi ko approved nahi hote video me bola na 25k salary ho to
Baki ise upper ho to koi sa be lo na kya frk pd ra hai
Swiggy card pe HDFC ka instant discounts nehi milta.
Aur ek baat HDFC millennia hai to Swiggy card aaramse mil jayega, lekin swiggy card pehle liya to millennia kabhi nehi milega.
@@NIRJHARDAS sahi me kua bro? mera to aa raha hai swiggy wala to sale me 10% ya fir jo instant discount hota hai wo nahi milega? 😑
You are a true TH-camr. Hats off to you for being such a good person, not being a money minded. You always their to guide your audience not just sake of your benefit. Thanks a lot :)
I think the combination of below cards will easily fetch you 5-7% returns:
Amex platinum travel card
Sbi cashback card
Amex MRCC
Tata neu infinity
Axis Atlas
Itna achchha samjhaya ...ki zindagi m kabhi bhi credit card nhi lu ab.
Thank you so much.. the information and the awareness you are trying to convey to the society is commendable..
Thank you Warikoo Sir. It is going to be a very very helpful session for many credit card users.
I just saw today one of my friend has many cards but intresting point is that he has earned 36k cash back till date 😆
Ankur is the elder brother we never had but we deserved
Apna to sidha funda hai, jis chiz ko cash me kharidne ki aukat nahi ho woh apne liye bani hi nahi hai. Isliye credit card ko debit card samajh kar use karna hai.
You are truly genius and honest man for telling everyone con and pro
Really the most informative video for the most confusing thing "THE CREDIT CARDS", thank you for making this video ankur ji🙌🏻💯
1. SBI BPCL 2. Axis Flipkart 3. ICICI Amazon
I learned a lot from this. thank you for making this video!!
Guys, Ankur is great, but he failed to specify the best card for 25k Salary.
Actually, the below are best
1. Airtel Axis Bank
2. Amazon Pay ICICI
3. SBI Cashback or HDFC Swiggy
4. HDFC Millennia
Hdfc swiggy y ?
I'm soo happy for you butt..... I think you should know that we all love how for different products you take us to different places...if you'd start showing us all the products at same or similar places then it may get boring.
Please remember this while furnishing the house
Great content!!!
Will share this video to couple of my friends for sure
Sir CNBC tv 18 se hi video upload kar di aapne 😂😂😂❤❤
The
😅
video copy ki hai kya CNBC ki?
Very well said sir.. spacially about credit card emi option At 21:18 and....21:34 ... Thank you.🙏👍
I have 15 credit card with no annual and joining fee. I use it only during the offer period. I get good instant discount . Pay credit card bill timely using Cred so that I never miss due date . Doing this for last 3 yrs without default. If ur disciplined then u will not get fooled. Try to get credit card which allows rewards to rupee conversation. That's it.
Brilliant. Glad you use it wisely and to your advantage
Hey can you please name your cards and how you got them for free?
Me also
Which are these cards.. kindly share
Sir I'm really really big fan of you I started mf on groww using my mother details and I'm investing Evey mouth sip of 1800 your my teacher sir you made me learn Soo Soo many things
I pay school and it doesn't teach me anything
I don't pay yt and ppl like you teach me a very very beautiful knowledge 💖 sir ❤️
@@warikoo
Credit card ki videos me sabse accha aur bahot khub knowledgeable video. Good 👍👍👍👍👍👍👍 sirrrr
1. Amazon pay icici
2. Indusind legend
3. Flipkart axis
4. Sbi cashback
5. Hdfc swiggy
What do you use IndusInd Legend for?
Only for legends@@thisisYashaswi
Very valuable information. Thanks
Those who know why this video got created like here? look at his frustration on the previous video where he felt so helpless !!!
🫡
i didnt get your point ?
Very nicely described. I have less ideas about credit card which now improved. Thanks for your video.
I use only one, Flipkart axis Bank credit card which is great for me
Isky charges kitnay hai
@@ratherishfaq3447 ₹500 joining fees.
Jo karne se ₹500 k Flipkart voucher milta hai.
I also hv... great card
Kaisa hai card
i like the way he talks so nice very talented human indeed.
Sir plz explain fuel surcharge waiver to people.. usually people think 1% surcharge waiver for fuel means 1% discount on fuel which is wrong.
Well explained sir.... very informative video. 💯🔥
I have 3 credit card, two of them save me a crazy money because I used them for needs not wants
Bhai m aam admi hu , mera khecha normal hai
Grocery bills ration pani stuff ,
Amazon , blinkit , zomato swiggy stuff
Grocery mostly from local stors or if possible dmarts ..
I do not need lounge or travel stuff ( upr wali jyada imp hai in dono se )
Kuch siggest krdo
@@harmanpreet_07 Tata neu Hdfc credit card
HSBC live+ it provide 10% cashback on online and offline grocery and dining dmart per shopping karte ho to best hai per 999+gst annual chaeges hain
@@harmanpreet_07 Get SBI Cashback Card, best for Online Spends and get 5% Cashback
Really interesting and informative videos.Highly recommend video.❤
When your salary is below 1lac.. dont think of a credit card even..
wasting time managing cc is not worth it.
This is incorrect.
@@Moderator. one should work on upskilling instead..
How much would he earn by spending 25-30k on cc. While cc policies are Changing daily ..
Excellent 👌 Sir ji. Thank you
I am using
1:- Icici Amazonpay Visa
2:- HDFC Tata Nue Rupay
3:- Flipkart Axis Bank Visa
4:- Paytm SBI Card Rupay
5:- idfc Millennia Rupya
6:- Yes Bank Select Rupay
7:- icici Coral Rupay
How to manage this many cards 😊
Inka annual charges kiya hai
@@Hardik01-b1mmost of them are given as ltf
Tata neu card is too rewarding, but ek hi problem h ki jyda variety nahi h Flipkart jaise electronic me. Lekin uske coins kaafi kaam kr hote h.
Bro i am using 45 credit cards
Some videos of warikoo are just worth it to watch!!! Thank You!!! for showing that excel sheet that give me much better understanding of how this thing is work and how it can be convert it into trap. Thank you soo much sir. Keep it up 🔥👌
I will not take name of the credit card but they charged 1.4k interest on remaining balance which was 1.2k which was equivalent to more than 100% of interest....i have closed near about 3.5lack amount of credit card which is equivalent to all my credit cards and i do not need any type of loan ...simple rule paisa toh lo nehi toh maat lo sida baat❤😊
Always Gives the Best Knowledgeable Videos❤
around using 20+ creditcards in last 3 years finally i closed many cards and settled to this 3 cards
1) SBI cashback for online shopping
2) Airtel Axis for airtel recharge,electricty bill,swiggy,zomato,bigbasket
3) Idfc first earn secured creditcard (FD 10K) for upi, insurance,education and govt payments,fuel
Can you tell me how good are Amazon pay icici cc and HDFC millenia cc?
@@coldplayfan7357 both are good but when you have sbi cashback card these two cards no needed unless if you use hdfc millenia in smart buy but redeem points to cashback conversion charge 50+ Gst and amazon icici only for amazon dedicated fan cashback in amazon wallet
Great portfolio try applying for Yes bank kiwi it gives 2% Cashback on UPI spends
I am using hdfc bharat cashback credit card with limit starting from 25k , after 5 years upgrade to hdfc regalia gold now i have limit of 5.75 lakh. ☺️
They put tax on redeem points amount.
It's not complete waiver on first year fee .
We don't actually get 500 cashback but tax cut about 360.
Share knowledge genuinely i am impressed with your humbling
Actually credit cards are for those who don't need it.
Sir your conversations skills is very good
Paytm SBI card is also very good i have got 3 times amazon voucher of woth 500 each and 3 dominos voucher worth of 500 each, reward rate is 1 percent
Credit card se paise bhi kamaye jate h:) Lovely 😊
I don't think ICICI Platinum Chip CC has any yearly fees, coz I have been using this card since 2021, and just like Amazon Pay ICICI card, this card doesn't have any fees. Maybe terms have changed but on 16th Oct 2024, right after watching this video and visited ICICI bank website to check this and there also charges are shown nil. Maybe Gemini AI made some mistake
😂😂😂
Hi ankur
Aapki pichli video i-phone karidne vali apki best video hai
Maine usko audio form me download kar liya
Why take credit cards? Switch to cash only always live only with your income say no to loans I'm 32 I never had a loan, never have any credit card I withdraw cash every time and pay cash only
Same here bro 👍
saves a tiny bit of money, very tiny
A book recommendation for you: The value of debt in building of wealth.
he is not talking about taking loans on cc. he is saying that only buy stuff through cc for which you have instant money in your bank account and the next month you can pay the money to cc company.
what's the advantage of doing this ? you will get discounts on products during sale festival on amazon, and many other cashbacks and benefits.
When you get your salary every month..then what's the issue with cc. Additionally, you are also going to earn rewards and benefits..
He has especially mentioned this for a salaried person..
If you never used it, I think you never gave a second thought to it..
Helpful video 😇🙏🏻 Buddy
AFTER WATCHING your videos I STARTED CLOSING MY CREDIT CARDS.....NOW YOU ARE PROMOTING CREDIT CARDS.....
😂
He's just stating all facts including pros and cons.
😂😂😂😂😂😂😂😂😂😂😂
I'm dam sure, you don't have a credit card 😂
🤣🤣🤣🤣
I have total of 6 credit cards (just for info)
Axis Flipkart(ltf)
Icici Amazon(ltf)
Axis Neo(ltf)- for utility payments
SBI bpcl(annual charge 500 waiver 50k)- for petrol
Federal Imperio(ltf)
One card(ltf)
You got all as ltf nice bro
I use four cards:
1. Axis atlas (paid): Primary Card
2. SC Ultimate (paid): for tax, gold, insurance
3. Tata Neu Infinity (paid): for UPU and Electricity Bill
4. Axis Airtel (paid): for Airtel Broadband Bill
How did you get axis Flipkart as ltf?
@@yugeno.gaming they were giving it as ltf long back when I applied at the right time at that time neo card was not ltf but now it is so I got that too
How does fuel surcharge waiver help?
Nice explanation tanks❤❤❤
Batana Easy Karna Bht Hard
Credit Aprove Hi Nehi Hoga 95% logo ko😆
Very Useful Video ❤
Sir 10000 ki sip karke 5000000 kaise kamai aur fir swp kaise start kare
check sip calculator
Thanks sir from your video we learn a lot for finance
Watching at 01:41❤❤❤😂
A card for online shopping: Amazon ICICI (best value in Amazon ecosystem and its FREE)
A card for all general purposes: HDFC Moneyback (they provide it for FREE if you negotiate)
I have an HDFC Money Back card and it is lifetime free.
Good information & use full information 🎉Tq
is there any transaction limit on credit card?? mine suna hi ki agar aap ek saal me 10lakh se upar ka transaction karte hi to income tax ka notice bhi asakta hi
It totally depends on income. Yes, 10 lacs above spent on a single credit card in a year is shown in AIS, but if your income is more than 10 lacs and you can justify the spend, no need to worry
Broh, you can increase the credit card limit whatever you want Only if you have money to pay due😂, Warna Kya faida increase karne ka
Love🎉ur content sir
Im 18 year old boy, studying in class 12, im an beginner artist, want to be in a professional art career, i earn 2000 rupees per month by teaching art and drawing to kids in my area by myself, i want to save and start investing my money as soon as i join a college and buy my own smart phone to mannage my accounts...
My questions are -
1. Should I pursue the "Take charge of your money" course ? And will it help me ?
2. What's the first thing i need to do now ?
3. What are some correct decisions i have to made as fast as possible?
Edit:1 it's been 2 days but no one answered my questions ⁉️ please someone answer me
Edit:2 7 days have gone but just one reply! Please answer my questions please 🙏🏻
If u are sure you will get 2000rs every month.Start a 1000rs SIP..rest 1000 u keep in account for ur needs...if at all your monthly allowances dont meet ur expenses in college..use from this..n plz dont touch your sip money for the next few years.
@@gavinhutton8455 thank you very much for the suggestion and can you please answer the 1st question I've asked in the main comment that should I pursue the Take charge of your money course?
@@priyanshudas9715at this young age i dnt think so. Towards finishing your college maybe give it a go.
@@gavinhutton8455 ok
thanku sir... desperately needed this
Let me tell you how I use CC. I spend only what I have in my account and I get CB. For example let's say I use Rs 25000 through CC. I already have Rs 25000 in my bank account. That amount I invest in FB at 4% per annum. At the end of the due day I get Rs Rs. 25,109 =25000 x 4% x 40 days/ 365 days
What is FB ?
I posses 5 banks CC. Only one card is having Annual fee. Rest are with No Annual and Joining fee. I use CC only for Groceries and sometime shopping. Every card of mine gives me 25% off on Book my show for movie. I grab this benefit always. My rule is never hv cash withdrawal and always pay full bill amount before due date. I monthly track my expenses in writing in my special diary. So I use CC wisely.
Diary writing is always best
life saving video for youth...thanks
Loved this
Always 100% watch your videos for finance knowledge.
Valuable content....
Thank you Ankur!
Thank you so much sir❤
SBI agents always calls to convert due amount to flexi pay EMI. So frustrating
SBI Cashback CC is best for all who don't have fix steam line expenses as it gives 5 percent cashback on all payments except utility insurance and train tickets
❤ good content
Aise videos 2020 me sahi the
thank you ankur ji for your video i just got my first credit card now ive seen multiple videos about credit cards but no one has explained about the interest rate trap , terms and conditions like u did , credit cards should be used like debit cards with more charges
Give a detailed video on Flipkart axis and Amazon credit card.🙏🏻