Multiple Credit Cards - Advantages and Disadvantages - EXPLAINED!

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  • Опубліковано 1 гру 2024

КОМЕНТАРІ • 117

  • @anshulagarwal7906
    @anshulagarwal7906 14 днів тому +3

    Mam credit card band karwane se credit score affect hota hai kya

  • @sundarsriram970
    @sundarsriram970 25 днів тому +2

    Closing the old card may affect credit score 8-12pts . Use the card which you find useful. If not just close your card.peace of mind is priority

    • @Neonvarun
      @Neonvarun 5 днів тому

      Close all the HDFC base credit card🥸 such a headache they are.

  • @sourajyotimalakar5201
    @sourajyotimalakar5201 11 днів тому

    I have total 10cards including 3 Rupay credit card 2 digital 1 physical. My Total spends of 10cards in FY 2024-25 is 6.5L till now (November) from April 2024. Current cibil score is 776.

  • @insaafkaro009
    @insaafkaro009 26 днів тому +3

    My old credit cards have very low limit of 80,000 and 85,000 and all other credit cards have 6-9 lkhs limit. Should i close these old credit cards??

    • @rishav.raj179
      @rishav.raj179 26 днів тому

      Ask bank to increase limit for old card, mostly they will increase limit of the card

    • @insaafkaro009
      @insaafkaro009 26 днів тому

      @rishav.raj179 sbi and Au not increasing limit on old card

  • @blackcobra7118
    @blackcobra7118 26 днів тому

    Wow ,wat an enligment 🎉🎉🎉,thank u ma'am

  • @Deependra1991
    @Deependra1991 11 днів тому +1

    Being baniya logo ko ek free ki advise deta hu. Mre pas 5 cc h. Pr mushkil s 4 s 5k per moth use hote h sb mila k. So lady sai bol rhi h. Jitni jrurat ho utna hi expense kro😂😂

  • @suneetsardana123
    @suneetsardana123 26 днів тому +1

    Yes Yeh Credit Score ko Affect karta hai..... Bcoz Credit Card ek unsecured loan ki tarah hai.

  • @vishalpokhriyal2936
    @vishalpokhriyal2936 26 днів тому

    Awesome video ❤

  • @chandrakant_kandhare
    @chandrakant_kandhare 12 днів тому

    Mere pass 3 credit card hai aur unki total limit 1,86,000 hai Aur mai 4 mahine se Pura limit use kr rha hu 😅😅😅😅

  • @detro690
    @detro690 26 днів тому +1

    Mere pass 3 CC hai but cibil down hokar 800 se niche chala gya. With no excess usage

  • @human9329
    @human9329 23 дні тому +1

    I have 12 credit cards and total expense is 40k max. Any issues on cibil?

    • @anupampanwar355
      @anupampanwar355 16 днів тому +1

      बरबादी की राह पर हो

  • @shees1993
    @shees1993 26 днів тому +1

    Yes, teacher. 😊

  • @vikas7161
    @vikas7161 26 днів тому +1

    Could you please make a video on RBL Insignia Credit card???

  • @Vivek-yt6dz
    @Vivek-yt6dz 10 днів тому

    If I spend an amount greater than 30% of the credit limit but I have converted into smaller amounts of three months no cost EMIs then also credit utilisation will be more than 30% and affect my credit score ?

    • @atharvabaperkar08
      @atharvabaperkar08 3 дні тому

      Yes it will affect your credit score because of high utilisation

  • @SujitGawand0001
    @SujitGawand0001 26 днів тому

    Great video

  • @abhishek8243
    @abhishek8243 26 днів тому

    When we don't have no cost EMI option while purchasing, is it better to convert the big purchases into EMI (intrest rate is usually 16+%) OR Can we take loan on Credit Card and pay it in a year which is usually charged lesser percentage compared to later.
    How does it affect credit score.

  • @anaghmavani9372
    @anaghmavani9372 18 днів тому

    example in excel would be more clarifying, still good input

  • @tarunj2431
    @tarunj2431 25 днів тому

    Good video mam...thanks

  • @johngokul4521
    @johngokul4521 22 дні тому +1

    Having too many credit card is good. But if we have no use for them better close them. I had 2 Amex card with total limit of 3.3 lakhs. Today they decreased my limit by 85% to 34K. My cibil score is also going to hit.😂

    • @riteshshinde887
      @riteshshinde887 21 день тому

      😂😂

    • @ProfessorJack_IIM
      @ProfessorJack_IIM 20 днів тому

      What? but why? did you misuse them? what is your salary range ?

    • @gokuls908
      @gokuls908 20 днів тому

      ​@@ProfessorJack_IIMNo I have completed annual spent for few waiver and has not used for past 6 month. I have called them asked to close my both cards immediately 😂. If they treat me like shit then it is end of relationship

  • @sumitjade6428
    @sumitjade6428 26 днів тому +2

    2:55 if you have mobile phone with NFC feature then also you don't need to carry Visa/Mastercard credit card .

    • @RahulGargHS
      @RahulGargHS 26 днів тому +2

      what is NFC?

    • @innovasolearth8905
      @innovasolearth8905 25 днів тому

      ​@@RahulGargHS tap to pay technology with other transfer benefits also ...

    • @sumitjade6428
      @sumitjade6428 25 днів тому +1

      @RahulGargHS NFC is a feature in mobile phone similar to bluetooth & wifi.
      Just search on UA-cam.
      Tap to pay using mobile NFC.
      You will got to know what i mean?

    • @sumitjade6428
      @sumitjade6428 25 днів тому

      @@RahulGargHS UA-cam pr browse karo tap to pay using mobile NFC.

    • @arnabdutta07
      @arnabdutta07 25 днів тому

      ​@@RahulGargHSnear field communication technology

  • @ashishtonger
    @ashishtonger 25 днів тому

    I want to ask I have two credit cards with 50k and 50k limits, how should I use it can I use 30k from one and zero from other, does it count under 30% ? or I should use 15k and 15k, how 30% will be counted

    • @manrajjaiswal4616
      @manrajjaiswal4616 25 днів тому

      30% of your Total credit limit ( if you have 2 cards with 50k credit limit ) you can use upto 30% of any card

  • @ankitkajulkar8738
    @ankitkajulkar8738 26 днів тому +1

    Is it good to increase card limit?

    • @sudipdaw4572
      @sudipdaw4572 25 днів тому

      Of course.... whenever u get a chance increase ur limits....

  • @pintudey9351
    @pintudey9351 5 днів тому

    Sbi credit card ka limit keise increased kere?? 🤔

  • @imrankadari6585
    @imrankadari6585 10 днів тому

    Sir credit line ki video banao ye kya hai

  • @sagar0224
    @sagar0224 26 днів тому +12

    Mam utilisation 30% ak card ka ??? Yaa 3 Card ka total amount pe 30 %

    • @ronakmehta016
      @ronakmehta016 26 днів тому +8

      3 Card ka total amount pe 30 %

    • @dharmendraparmar5838
      @dharmendraparmar5838 26 днів тому

      Mera mano to 1 credit card ka 30 percent hi use karo per card 30 percent se uper mat jao

    • @CreditExplorer
      @CreditExplorer 26 днів тому +4

      Total ka 30% , agar aapke paas 5 cards hai jinki total limit 1 lakh hai to don't use it more than 30,000 in total on all the cards.
      Matlab Total credit report pe jo credit hai uski 30% use karein.

    • @manashprotimborah7526
      @manashprotimborah7526 26 днів тому +2

      Average spend he dekh te hai bhai 3 ka total milakar agar spending 30 % below hai to farak nhi parta

    • @abhishek8243
      @abhishek8243 26 днів тому

      If you have 3 cards with 1 lakh limit, purchasing for 90k in one card is 30% utilisation

  • @mudasirlone3785
    @mudasirlone3785 25 днів тому

    Hdfc mastercard money back plus cc hai mere pas kya mai woh gpay pe add kar sakta hu

    • @ashishtonger
      @ashishtonger 25 днів тому

      Only rupay credit cards support upi payments for free, (MasterCard and visa not integrated yet but you can use third party apps they charge you 1-3 % or may be your bank count it as cash advance it's not worth it)

    • @mudasirlone3785
      @mudasirlone3785 25 днів тому

      @ashishtonger contactless payment kaise kare is card se?

  • @vikashkumar-kb1vx
    @vikashkumar-kb1vx 25 днів тому

    Mam mere pass approx 20 credit card hai kisi ek account se auto debit enabled kr sakte hai taki bill payment ka jhanhat khatam ho jaiye

    • @dkroy22
      @dkroy22 25 днів тому

      I don't think there's any option like you said, however you can repay all your credit card bills at once in the Cheq application. They have a good feature "pay together" where you can pay all of your CC bills at once through your desired UPI linked bank ac.

  • @babatricksandtips6955
    @babatricksandtips6955 26 днів тому

    Anyone want credit card without any changes and no income required..

  • @samstv500
    @samstv500 26 днів тому

    Cradit card use na karne se cibil effect hota hai kya???

    • @hardnocks24
      @hardnocks24 26 днів тому

      Nahi but 6 months me ek baar credit card ko use karna padega nahi to deactivate karti hai bank. And bohot hi kum usage pe credit card ka limit kum karte hai kabhi kabhi

    • @mudasirlone3785
      @mudasirlone3785 25 днів тому

      Card limit kam b karte hai kya ​@@hardnocks24

  • @smartboyaniruddhasaha1738
    @smartboyaniruddhasaha1738 25 днів тому

    Madam mere ko yah baat ka reply dijiye, Mera agar 1 lakh ka limit hai usmein se 80000 use kar diya aur bil generate k 1-2 din pahle 70000 pay kar Diya so 10000 ka bil banaa, so Mera 30% ratio maintain rahega ya 80% I use count hoga???
    Iska reply kohi UA-camr nehi data ,pata nahi kiu🤔🤔🤔
    1year pa Jo 10 lakh rupees credit k limit ha, ya Kaya srif Jo amount bill generate hota usko count kar k 10 lakh limit k andar count hota ha ? Ya 1 yr pa 20lakh k spend Kiya credit card sa usko 10 lakh pa count karaga??

    • @vikasrpawar2557
      @vikasrpawar2557 25 днів тому +1

      They consider amount at time of generating Bill. In ur case it's 30%.

    • @mukeshbheem
      @mukeshbheem 24 дні тому +1

      10% Credit utilisation Count hoga

    • @bharatgore6823
      @bharatgore6823 24 дні тому +1

      Depends on when your bank sends data to CIBIL Bureau

  • @Srkjude.
    @Srkjude. 26 днів тому +1

    Puree saal koi credit card enquiry mhi nahi ki oct main 17 credit card enquiry kar li or ek bhi credit card bhi nhi mila 😊

    • @rishav.raj179
      @rishav.raj179 26 днів тому

      Hdfc bank me apply Kiya kya 😂

    • @babatricksandtips6955
      @babatricksandtips6955 26 днів тому

      Kivi rupay yes Bank credit card lelo bhai mast hai

    • @Srkjude.
      @Srkjude. 25 днів тому

      Haan Bhai HDFC pixel play reject kar diya ​@@rishav.raj179

    • @Srkjude.
      @Srkjude. 25 днів тому

      ​@@babatricksandtips6955Haan try kiya pr wo bhi reject ho gaya service unavailable ka issue tha

    • @anupampanwar355
      @anupampanwar355 16 днів тому +1

      आप कुछ नही जानते

  • @cb7762
    @cb7762 26 днів тому +2

    आपको देख के दिल खुश हो जाता है।❤

  • @BikashSharma-xc5ci
    @BikashSharma-xc5ci 7 днів тому

    Mera pass 8 credit card hai par salary nehi mai kya set karu😂

  • @aamir3801
    @aamir3801 26 днів тому

    Is there any way to close credit without losing my score?

    • @thirumagaltraders244
      @thirumagaltraders244 26 днів тому

      Leave the oldest card and you can close the others score will not be affected

    • @aamir3801
      @aamir3801 26 днів тому

      @thirumagaltraders244 1 year old

    • @ayushgupta50
      @ayushgupta50 26 днів тому

      Wait for at least 5 years before closing then it would not effect

    • @aamir3801
      @aamir3801 26 днів тому

      @@ayushgupta50 who will pay annual charges

    • @soumsgaming238
      @soumsgaming238 26 днів тому

      NOC le lijiye bank se

  • @soumsgaming238
    @soumsgaming238 26 днів тому

    Mera cibil score 782 hain 800+ nahi ho raha hain🤔🤔

  • @nileshpatil1031
    @nileshpatil1031 22 дні тому

    I have 22 cards of all Bank

  • @Bindhapadmapur
    @Bindhapadmapur 26 днів тому

    Mam aapka pass Kitna credit Card hai

  • @amitabhmaheshwari
    @amitabhmaheshwari 25 днів тому

    In case of centurion there is an activation fee of ₹ 7 lakhs. In comparison this card is very reasonably priced

  • @MohammadIbnain
    @MohammadIbnain 26 днів тому

    Agar private job hai to dhyan rakhe aapki job kabhi bhi ja sakti

  • @anupampanwar355
    @anupampanwar355 16 днів тому

    2-3 कारड से ज्यादा कभी मत लो

  • @muthus4385
    @muthus4385 26 днів тому

    😍😍😍

  • @manashprotimborah7526
    @manashprotimborah7526 26 днів тому

    Mere pass 17 cards hai kuch farak nhi parta

  • @ayushmantiwari7547
    @ayushmantiwari7547 26 днів тому

    11 & counting😂

  • @ambatirohith1776
    @ambatirohith1776 25 днів тому

    25

  • @vickypareek3171
    @vickypareek3171 25 днів тому

    5cc

  • @parvatkarsubandh
    @parvatkarsubandh 26 днів тому +1

    Mere paas 12 credit cards hai