If you are having a credit card, all you need to do is use it wisely. If you stay within your limits, don't buy any unnecessary items and pay your total bill amount (don't pay the minimum payment due only) in time then credit card will be a blessing for you otherwise you will be trapped under debt trap
ऑनलाइन शॉपिंग में seller को क्रेडिट कार्ड से ही पेमेंट करने से एक्स्ट्रा डिस्काउंट देने के पीछे क्या उद्देश होता हैं। क्रेडिट कार्ड को प्रोमोट करने में उनका क्या फायदा हैं। बैंक से उन्हें कुछ कॉमिशन मिलता हैं क्या?
Very informative and helpful. I would recommend you to make a video on No cost EMI, which is very common now a days for online shopping. Also if you could details of this like online and offline. For example Bajaj Finance, 0% Credit card EMI options etc..
Credit card Don'ts: 1. Do not buy fuel from any gas stations. 2. Do not book railway tickets. 3. Do not withdraw cash from ATM. 4. Pay full credit amount within the due date through online only. 5. Choose auto debit option to pay credit amount for convenience. 6. Do not spend more than credit limit. 7. Do not use credit card for any EMI transactions as there is 18% gst applied on interest amount.
Bahi mene ek ph. Buy kiya hai credit card par 12999 ka pH. Hai, jo mene 24 month ki emi par liya h, jiski emi 630 rs bani hai 24 month kelye, ab agr main har month bilkul sahi time mai emi de deta hu to kya mujhe koi hidden charg to nahi lge ga, sir plz help me, I, m confused
A year ago I watched your video before applying for Credit Card. Had I disciplined my act accordingly to your instructions I would not be in a financial mess like the way I'm after using Credit card. I ended up one of the lucrative prey of the Banks.
Thank You, AY for helping everyone around, I recently got to know that banks even charge on redeeming points. The points we earn on various spends, how sad !!
Thank u so much sir this information is very useful for me because sbi bank sent credit card to me by post so i learned how to aviod d hidden charges once again thnks
Thank you sir........ I was going to bank to return my credit card after paid 2065/- rupees extra charges. But my friend sent me the link of this video. Then i using my credit card smartly. Now no extra charges..... also enjoying the credit card facilities. Your good work helps me lot, keep it up Sir.
All this is for those who spend more than their earning. Always pay the full bill on due date. I always pay the bill on time and avail reward points and lounge access.
@@wasimkhan-jc7nk pay full every month, then it's very beneficial. You get your card limit increased, better cibil score (especially if you keep your credit bill upto 30 percentage of your spending limit) And possibly offers to upgrade to a higher credit card and also maybe get your savings bank account also upgraded
That was a really good video.. Thanks for sharing these details.. Also I'd request you to please make a video on hidden charges for maintaining and using a debit card with a savings/salary account.. Thanks
Bhai aapki is videos se mujhe bahout madadt Mili hai Mera axis Bank Ka credit card hai jaisa Apne is video Mai bataya vohe sob Kuch mere saat horaha hai so much extra charges ... Mera card bhi block hogaya hai
Very very informative video, I didn't know one third of it. Only purchase on EMI if it is no cost EMI and you are getting upfront discount of interest charged amount at time of purchase. So interest is compensated for rest is GST which is compensated by extra reward points you get due to no cost EMI, and you can use them in your monthly payments. This is feature in SBI credit card which I use. But never ever opt for EMI otherwise. The card representative will routinely call you to turn your expenditures to EMI, never do that. SBI card gives fuel tax returns as explained in this video, however cash withdrawal charges are fixed at ₹250 per transaction when I last checked, I have never withdrawn cash using card, and I have been using credit card since 2012. Also never use more than 30% to 40% of your total available credit limit of all cards. Suppose you have one card with 60000 limit another with 20000 limit then you should use monthly about 24000-32000 credit limit only. Always pay your total amount due upfront, and don't fall in min amount due trap as well. If you pay only min amount due, for two consecutive month or more then again there are multiple hidden charges.
sir bhut acha video bnaya hai.sir agar apna bill time se bharen to interst nai lag payega.sir jaise cash niklwate hai 20000 uske uper 2.5 byaj lag gya 150 atm swipe k lag gye total 650 hue uske uper bhi 18% gst lagega yani 650+117 rs gst.total 767 rs.
Sar mein ICICI credit card use kar raha hoon 25000 limit hai aur Do mobile purchase kiye time se pahle hi payment Kiya phir bhi July mein Hi clear Ho Gaya sab kuch phir bhi aaj 15 August ko mujhe SMS aaya 588 rupees due hai purchasing charges aisa kyon kya aap bata sakte please
Nice video. But Sir, it is not important just to pay the entire dues on time but one should use card only for necessities. Let's assume X earns Rs 1 lac a month & doesn't have a card. He/she spends Rs 60000 a month saving Rs 40000 a month - great savings indeed. Now X gets a card & spends Rs 65000 a month without going over limit & pays the entire due before the due date. X still saves Rs 35000 a month - a handsome savings. But the point is X is spending Rs 5000 more due to the card. This is the point overlooked by most thinking he/she pays the full dues before the due date.
So eye opening informations for daydreamers 😂😂😂😂. Credit card is a trap. Aage kyuàn peeche khaai. Will not take credit card, should take P.L. OR other low interest loan. Creadit card charges are horrible.
CREDIT CARD IS NOTHING BUT HONEY TRAP. we should avoid using credti card at leat those people who belongs to humble background. any default lead to heavy financial implication. believe in your money in your pocket . dont go beyound your limit.
Thank you very much sir, Aapne bahut Acchi Jankari di hai, Actually Credit Card wale Standard Chor hote hai,... Jindagi me kabhi bhi Credit Card 💳 Use mat karo .. Ho sake to Apne Dosto se udhar lo but... Credit Card 💳 Never use
Simple funda... do not spent more than your total monthly available fund/salary so you can pay full payment always. Put auto full payment from some account which you don't use in general use and it must filled with required amount on priority.
Sir what is your income source...U help so much by guiding free for such a valuable information... Just out of curiosity...Why u do all this...Only for man kind or hobby..
It is my mission to spread financial literacy so that people don't lose their hard earned money. Of course to make an even larger impact, it has to be sustainable. Hopefully, we will work out a business model in which we will never have to never charge for the high quality knowledge and tools that are only available to big corporates.
Close just one account at a time, even if you're closing several.Before you close an account, pay off your balance or transfer it elsewhere. Contact your credit card company. Send written confirmation. Watch your credit report. When you're certain the account is closed, cut up your card.
POS transactions par bhi merchants 2% extra charge krte hai. Yeh galat hai and RBI ya bank ko complaint kar sakte ho us se fir unse POS machine wapas le lenge and dobara issue nhi krenge
For an ex. If we use credit card only for purchase and pay the bill before due date regularly then any hidden charge, transaction charge or GST need to pay.
Sir plz help me it's urgent I got my card a month ago & Till now I have not done any transactions using my credit card so in my sbi credit card app Its showing TOTAL DUE rs.0 But downside of it it's showing Current Outstanding rs. 1699 So, what is this bill , did I have to pay rs 1699 before my monthly timeline gets ended Plz reply sir.
Bhai..Mera hdfc ka credit card h...mene 1.5 year se use nhi Kiya..mene saare paise bhardiye the...to ab kitne charge lgenge..mene sirf 200rs. Use kiye the ..1 year phle .
Sign-up to our new app for discounts and early access:
✔ assetyogi.com/sign-up/
If you are having a credit card, all you need to do is use it wisely.
If you stay within your limits, don't buy any unnecessary items and pay your total bill amount (don't pay the minimum payment due only) in time then credit card will be a blessing for you otherwise you will be trapped under debt trap
What is APR charge which is charged by credit card.... Can u explain bro
@@vishalsingh-dy9dx
qp0
ऑनलाइन शॉपिंग में seller को क्रेडिट कार्ड से ही पेमेंट करने से एक्स्ट्रा डिस्काउंट देने के पीछे क्या उद्देश होता हैं। क्रेडिट कार्ड को प्रोमोट करने में उनका क्या फायदा हैं। बैंक से उन्हें कुछ कॉमिशन मिलता हैं क्या?
Very informative and helpful.
I would recommend you to make a video on No cost EMI, which is very common now a days for online shopping.
Also if you could details of this like online and offline. For example Bajaj Finance, 0% Credit card EMI options etc..
Credit card Don'ts:
1. Do not buy fuel from any gas stations.
2. Do not book railway tickets.
3. Do not withdraw cash from ATM.
4. Pay full credit amount within the due date through online only.
5. Choose auto debit option to pay credit amount for convenience.
6. Do not spend more than credit limit.
7. Do not use credit card for any EMI transactions as there is 18% gst applied on interest amount.
Toh credit card sirf aur sirf purse ka boz hi hai...
Esko faink dena chahiye
Fule card se fule bhrane me dikkat h kya,??
Card swipe kisi shop mai kiyaa to charges lgnge tab bhhi yaa nai
Bahi mene ek ph. Buy kiya hai credit card par 12999 ka pH. Hai, jo mene 24 month ki emi par liya h, jiski emi 630 rs bani hai 24 month kelye, ab agr main har month bilkul sahi time mai emi de deta hu to kya mujhe koi hidden charg to nahi lge ga, sir plz help me, I, m confused
@@Illuminati_NWO agar no cost EMI h to koi hidden charges nhi lagega.
U saved me sir
I was just preparing myself to apply for a sbi credit card.
Thank god i watched ur video.
Keep learning
Just take loan if u need money. But don't take CC
@@i.m5708 you need a good credit score to get a loan
Accurate information of credit cards. I wanted to know this.
Thank you!
Thank u sir for informing me about credit card, I have blocked it, it's a headache. Debit card zindabad! Love ur channel asset yogi ji!:)
*Your all videos are very best* *for me bcz I've just applied* *for hdfc regalia first credit* *card*
*Thank You*
A year ago I watched your video before applying for Credit Card. Had I disciplined my act accordingly to your instructions I would not be in a financial mess like the way I'm after using Credit card. I ended up one of the lucrative prey of the Banks.
Thank You, AY for helping everyone around, I recently got to know that banks even charge on redeeming points. The points we earn on various spends, how sad !!
How pleased eleborate?
Sir ji video dekhte hi aapka fan Ho Gaya
You are doing great job thank you 😍😍
informative as always !! love to watch your videos.
I never finish your any video without taking some thing valueable. keep up your amazing work
Thank you so much mukulg es tarah ki video k liye hidden charges aur emi pe intrest plus Gst lagta hai really pata nahi tha
Thank you Mukul, after a long time I see your videos.
Thank God I am not using any type of CC. 😊😎
Thank u so much sir this information is very useful for me because sbi bank sent credit card to me by post so i learned how to aviod d hidden charges once again thnks
Thank you for clear me everything about Credit card which i may nt get from bank customer care advisors
Glad to know that you found the video informative and it helped you 😊
Best video on TH-cam of credit card🙏🏻🙏🏻
Thank you sir
Very helpful video
It's my pleasure
Thank you sir........ I was going to bank to return my credit card after paid 2065/- rupees extra charges. But my friend sent me the link of this video. Then i using my credit card smartly. Now no extra charges..... also enjoying the credit card facilities. Your good work helps me lot, keep it up Sir.
Sir, good info provide and these all charges I was face , it's 100 % true sir , ye video bahut hi faydemand for credit card user.
All this is for those who spend more than their earning. Always pay the full bill on due date. I always pay the bill on time and avail reward points and lounge access.
So is it beneficial to you or not? Or is it costly? I am also planning to take a credit card.
@@wasimkhan-jc7nk pay full every month, then it's very beneficial.
You get your card limit increased, better cibil score (especially if you keep your credit bill upto 30 percentage of your spending limit)
And possibly offers to upgrade to a higher credit card and also maybe get your savings bank account also upgraded
@@sabarishmv8603my credit card application is rejected
@@wasimkhan-jc7nk why? any idea?
Income proof Issue?
@@sabarishmv8603 I have applied for BOB Prime Credit card. They do not want any income proof. They are offering it against 15,000/- FD
Eye opening information thanks sir , i think why these thing not teach us in college or teacher
Can u make video on more detailed analysis of how intrest is calculated.i assume no one knows about it.
I use pnb credit card. I, Some times have to pay interest. But it's a very nice and elaborated video.
That was a really good video..
Thanks for sharing these details..
Also I'd request you to please make a video on hidden charges for maintaining and using a debit card with a savings/salary account..
Thanks
Thank you for appreciation and I've noted the topic suggestion for future videos.
Bhai aapki is videos se mujhe bahout madadt Mili hai Mera axis Bank Ka credit card hai jaisa Apne is video Mai bataya vohe sob Kuch mere saat horaha hai so much extra charges ... Mera card bhi block hogaya hai
mohd adnan close ho gya he to block kya krna he
Block krwana cahte ho to online internet banking login krke usme option hoti he credit card block krne ki option to kr do.
@Madhukar Tiwari i want credit card pls whatsap me on 8423999933
@Madhukar Tiwari muze sbi credit card hona hai
What up no 9309157754
please do more video on bank charges and how to avoid thing ,tip to improve our statments
You have explained the advantage and disadvantages of credit card very nice. Thanks
Thanks for the Information... brother...I didn't know about the auto debit reversal charges...
Iss se better explanations ho hi nahi sakta mukul ji🙏🏻
Thanks 😊
Dear Sir,
Excellent way of presentation. Thanks for the information. Keep it up!
Itni info.. to koi bhi ni deta jitni asset yogi channel per milti h thank u so much for info....
Very good video. I got perfect knowledge about credit card. Thank you very much.
Aap ka video bahot hi informative hai.
Sir, Credit card se Wallet load ( For example Paytm, Amazon etc) karne per kitna charges lagata hai?
Nicely explained, nice way of spreading awareness.
Great job.
Thank you 😊
@@AssetYogi bando k doubt Clear kro baki comments m thanks bad m
Very very informative video, I didn't know one third of it.
Only purchase on EMI if it is no cost EMI and you are getting upfront discount of interest charged amount at time of purchase. So interest is compensated for rest is GST which is compensated by extra reward points you get due to no cost EMI, and you can use them in your monthly payments. This is feature in SBI credit card which I use.
But never ever opt for EMI otherwise. The card representative will routinely call you to turn your expenditures to EMI, never do that.
SBI card gives fuel tax returns as explained in this video, however cash withdrawal charges are fixed at ₹250 per transaction when I last checked, I have never withdrawn cash using card, and I have been using credit card since 2012.
Also never use more than 30% to 40% of your total available credit limit of all cards. Suppose you have one card with 60000 limit another with 20000 limit then you should use monthly about 24000-32000 credit limit only.
Always pay your total amount due upfront, and don't fall in min amount due trap as well. If you pay only min amount due, for two consecutive month or more then again there are multiple hidden charges.
You are very informative and easy to understand video maker, I keep waiting for upload new one after watching your videos.
Thank you Chanchal :)
sir bhut acha video bnaya hai.sir agar apna bill time se bharen to interst nai lag payega.sir jaise cash niklwate hai 20000 uske uper 2.5 byaj lag gya 150 atm swipe k lag gye total 650 hue uske uper bhi 18% gst lagega yani 650+117 rs gst.total 767 rs.
well explained of hidden charge of credit card.
Thanks Rajeev
Very very help full ur video aap puri details share karte ho sir i like ur videos
sir, are similar charges applicable on the EMI with Bajaj finserv / EMI card.
Sar mein ICICI credit card use kar raha hoon 25000 limit hai aur
Do mobile purchase kiye time se pahle hi payment Kiya phir bhi
July mein Hi clear Ho Gaya sab kuch phir bhi aaj 15 August ko mujhe SMS aaya 588 rupees due hai purchasing charges aisa kyon
kya aap bata sakte please
Sar me aapke Sare video Dekta hu useful video Hote he
credit card se loan Lena achha he
Personal loan karte
Please reply
Great video full of actual knowledge regarding hidden charges of credi cards absolutely worthy
Best Explanation.
I hope this will be helpful Ravi:)
Aapka video bahut achha lgta hai ....Or bahut jyada knowledge milte rahta hai
Really helpful!!! Thanks sir
Good to hear that :)
@@AssetYogi Insta pe reply dijiye na sir
Nice video. But Sir, it is not important just to pay the entire dues on time but one should use card only for necessities. Let's assume X earns Rs 1 lac a month & doesn't have a card. He/she spends Rs 60000 a month saving Rs 40000 a month - great savings indeed. Now X gets a card & spends Rs 65000 a month without going over limit & pays the entire due before the due date. X still saves Rs 35000 a month - a handsome savings. But the point is X is spending Rs 5000 more due to the card. This is the point overlooked by most thinking he/she pays the full dues before the due date.
So eye opening informations for daydreamers 😂😂😂😂. Credit card is a trap. Aage kyuàn peeche khaai. Will not take credit card, should take P.L. OR other low interest loan. Creadit card charges are horrible.
CREDIT CARD IS NOTHING BUT HONEY TRAP. we should avoid using credti card at leat those people who belongs to humble background. any default lead to heavy financial implication. believe in your money in your pocket . dont go beyound your limit.
Look at left and look at right..... Repeat this exercise 3 times...whenever someone offers credit card.
I'm really thankful to you dear bro. Very useful information. 👌👌
Thanks for appreciation :)
Bhai aapka yeh video "GURU" saman hai, is video ko main ne to dusare dosto ko dikhane ke liye Download bhi kar diya. Thanks for Your Guide.
Please make a video on mediclaims policys.
Excellent Sir ji Aapka explaination
Thanks a lot for making us aware..👍
Hope it helps. Shirish
Best explanation Bhaisahab..:) u earned 2 subscribers.
Thank you so much 😊
The only video I was looking for✅
Keep watching Mohit
believe in your friends and family . they are super credit card. no credit card made till date and will be in future like family and friends.
Thank you very much sir, Aapne bahut Acchi Jankari di hai,
Actually Credit Card wale Standard Chor hote hai,... Jindagi me kabhi bhi Credit Card 💳 Use mat karo
.. Ho sake to Apne Dosto se udhar lo but... Credit Card 💳 Never use
Sir icici Bank ka credit card ka vi personal banayiye. Mera minimum balance pay kar ne ke Baad vi 1500 interest add hua haiii. 22k mein
Simple funda... do not spent more than your total monthly available fund/salary so you can pay full payment always. Put auto full payment from some account which you don't use in general use and it must filled with required amount on priority.
Where and how to make complaints on credit card fraudings / cheating charges/services etc ?
Thank you sir. video bahut help hogaya sir.
Glad to know that Mali. Keep supporting Asset Yogi
Sir what is your income source...U help so much by guiding free for such a valuable information...
Just out of curiosity...Why u do all this...Only for man kind or hobby..
It is my mission to spread financial literacy so that people don't lose their hard earned money. Of course to make an even larger impact, it has to be sustainable. Hopefully, we will work out a business model in which we will never have to never charge for the high quality knowledge and tools that are only available to big corporates.
Plz make a video on secured credit cards.
Is it worth taking .
information👌 Sir who kon kon si jagah h jaha hame credit card se pay nhi krna chahiye
Atm machine se withdrawal nahi karna late fine bhi nahi karna cahiye
Sir awesome is se zyada ache se sayad he koi doosra youtuber samjha sakta ho
Keep learning :)
Can i pay bills or recharges using sbi simply save credit card and what are the charges for that
best explanation on credit card present on youtube..
Video on credit card against FD
Very nice explanation sir....
Thanx 👍
Please make video on 15 g & h
When to fill i.e. in April or when , by whom etc .....
Extremely informative.
Thanks 😊
Very insightful bhaiya👍🏼
Thanks
PERFECT INFORMATION.. sir ji
Thank you Vishwajeet 😊
Credit Card ko band karne ka sahi tarika kya h aur cibil pe kya effect hoga . Aur profit and loss per video banye .
Close just one account at a time, even if you're closing several.Before you close an account, pay off your balance or transfer it elsewhere. Contact your credit card company. Send written confirmation. Watch your credit report. When you're certain the account is closed, cut up your card.
Very informative video
Q. Sir!! Agar EMI par online credit se shopping ki ho to order cancel karne par bhi koe charge Lage ga? Please answer me!!
Need detail video of Steshfin prepaid Card
conclusion is save money then take anything. don't use credit cards. Nice explanation. GREAT VIDEO.
thank you so much sir.......
Great information sir,,, thanks u for this video's
Most welcome
Bhai सा ये तो जमाने मे होता हे पैसा लिया हे तो intt तो देना ही होता हे बस आप उतना use करो जितना समय से दे सको।
POS transactions par bhi merchants 2% extra charge krte hai. Yeh galat hai and RBI ya bank ko complaint kar sakte ho us se fir unse POS machine wapas le lenge and dobara issue nhi krenge
Thank 🙏💕 yogi sir for such nice content.
Thank you so much for your kind words 😊
For an ex. If we use credit card only for purchase and pay the bill before due date regularly then any hidden charge, transaction charge or GST need to pay.
Who is the best credit card for normal user only for online shopping
Sbi simply save credit card👌
Sir plz make a video on effective interest rate calculation for credit card EMI trough excel
Sir,
Do sbi simply click, automatically debit EMI or i have to pay manually ?
Ok sir thank you
processing fee bhi lagti hai limit me...jaise loan lete time processing fee alag se lagti hai ,,isme bhi hai aisa kuch fee charges
Are charges levied on insurance premium payment also?
Waah very nice awsome video u made. U have covered each and every info which was very important for my understanding. Thank you❤
It's my pleasure
Then how to use credit card smartly??
Make full depth detailed video on Amazon Pay ICICI bank credit card.
Sir plz help me it's urgent
I got my card a month ago &
Till now I have not done any transactions using my credit card so in my sbi credit card app
Its showing TOTAL DUE rs.0
But downside of it it's showing
Current Outstanding rs. 1699
So, what is this bill , did I have to pay rs 1699 before my monthly timeline gets ended
Plz reply sir.
Agar maan lijiye,mai ek credit card liya aur or usko use nehi karke yeise hi rakh diya to change dena hoga kia....?plz ek video banake hmko samjhaiye
Bhai..Mera hdfc ka credit card h...mene 1.5 year se use nhi Kiya..mene saare paise bhardiye the...to ab kitne charge lgenge..mene sirf 200rs. Use kiye the ..1 year phle .
Aap customer care pe bat krke charges waive off krwa skte ho. Generally company ese small charges waive off kr deti h
बहुत अच्छा |
Dhanywaad Amandeep
sir
what is loan interest amortization in sbi credit card while paying emi
thanks for informative video vaise yogi ji nocost emi purchase karne se to koi problem to nahi h na
At time of issuing my SBI credit card shows as deduction of RS. 2049/-as unbill amount. I am not understood.pl clearify.
Wo refund ho jaiga 👍🏻