How Credit Card Works? Should You Own a Credit Card?

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  • Опубліковано 24 лис 2024

КОМЕНТАРІ • 146

  • @finance.boosan
    @finance.boosan  6 місяців тому +6

    Check your Credit score | Get your Credit Card through ZET now : bit.ly/4axXdp1

    • @nithyaphurrnesh3316
      @nithyaphurrnesh3316 6 місяців тому +1

      Sir BJP majority la vantha than market up la irukum otherwise kastam nu rumours iruku,is it true sir??unga point of view la oru video podunga please

    • @amuthageetha8746
      @amuthageetha8746 6 місяців тому

      Hi Bro,
      Can you add your suggested video link to the i-button Or in the description, it takes a while to search and get what you recommend.
      Take it into consideration if needed. 😊

    • @EC-RajaduraiAnnadurai
      @EC-RajaduraiAnnadurai 6 місяців тому

      Anna ennala ippo us market la invest panna mutiyala only ennoda fof sell panna mutiyuthu buy panna mutiyala 🙂 enna problem nu theriyala freeze pannitangala ennachi nu sollunga

    • @saravanankannayiram3310
      @saravanankannayiram3310 6 місяців тому

      Hi bro,
      I have invested in separate small ,mid,large cap fund from AXIS ,HDFC and Motilal Oswal large and mid cap as well
      Now motilal oswal mutlicap NFO is opening shall I invest? Pls suggest

    • @ksivasuriyaprakash9976
      @ksivasuriyaprakash9976 23 дні тому

      Bro zet la. Magnet nu oru credit mattum than irukuu

  • @AbdulRehman-ew5fu
    @AbdulRehman-ew5fu 6 місяців тому +8

    One more point about Minimum Amount Due:
    Lets say my credit card bill is 50000rs, and my minimum amount due is 3000rs.. if I keep paying only the minimum amount due, the interest would still be calculated on that 50000rs and not the balance amount.... so by the end of 10th month, my credit card due is only 20000rs.. but interest would still be calculated for 50K...

  • @moorthysivabalan.b2185
    @moorthysivabalan.b2185 4 місяці тому +2

    I got a job 3 months back and I thought of maybe buying a credit card and now I know the do's and don'ts of this ❤

  • @yathubites107
    @yathubites107 Місяць тому

    I have been using credit card for past 9 years. I never missed to pay on one cycle. Maintained properly.

  • @triangle379
    @triangle379 6 місяців тому +4

    yes, minimum payable amt is very tempting but dangerous.
    good cibil score is also dangerous friends prompt you to buy consumer goods for them because their cibil score is low. then you get into debt when friends don't repay.

  • @ajayprasad9919
    @ajayprasad9919 6 місяців тому +5

    Anna, Ajay here❤. To be honest I was thinking about to request to make video about credit card. Thanks.

  • @Sathia403
    @Sathia403 5 місяців тому +2

    Hi Bro...wish i met you decade ago... thank you for your excellent videos...its easy to understand and improve my financial literacy..

  • @karthickp2528
    @karthickp2528 6 місяців тому +43

    Most imp one Credit Card ah atm la use panidavey panidathinga😂

    • @finance.boosan
      @finance.boosan  6 місяців тому +8

      Yes the most important point 💯

    • @gokultn72
      @gokultn72 5 місяців тому +2

      What's the reason?

    • @mottowords
      @mottowords 5 місяців тому +1

      Reason

    • @balavignesh4154
      @balavignesh4154 5 місяців тому

      ​​@@gokultn72 withdrawal charges will be high for e.g. if you withdraw 500 from the atm, you have to pay double or triple than that based on the credit card 💳 you are using

    • @rajaparthiban322
      @rajaparthiban322 5 місяців тому

      @@gokultn72the charges will be heavy with GST Tax. Eg if you take 3000 ,the ATM fee will be 450. This is just example

  • @Love_is_God365
    @Love_is_God365 4 місяці тому +1

    Credit Card should be used only if your income is very good. Do not use it if your income is very less than your expenses.

  • @vigneshwaranmuthukumar42
    @vigneshwaranmuthukumar42 2 місяці тому

    Crystal clear Explanation!❤🎉

  • @tarun9883
    @tarun9883 5 місяців тому +1

    superb explanation 💯

  • @greenlifegl3240
    @greenlifegl3240 5 місяців тому +1

    Crystal Clear ❤

  • @karthikeyen.b7609
    @karthikeyen.b7609 6 місяців тому +1

    Excellent Explanation Bro 👍

  • @ponmani9198
    @ponmani9198 6 місяців тому +2

    Excellent bro. I like the video. The way of explaining super.

  • @sullanprabath4758
    @sullanprabath4758 3 місяці тому

    Super Explanation Bro🎉🎉🎉

  • @sakthivelr5417
    @sakthivelr5417 4 місяці тому

    Thanks bro .. nice explanation

  • @suryaprakash7477
    @suryaprakash7477 3 місяці тому

    Good explanation sir🎉

  • @Mr-stardust1
    @Mr-stardust1 3 місяці тому

    Thanks for thr explanation bro

  • @rockyplayz8484
    @rockyplayz8484 4 місяці тому +3

    Anna Im just applied HDFC life time free credit card, only purpose is Net reimbursement is done only in credit card by my company side that's why I applied. How to maintain that have I know no idea so please give me some tips to avoid in risk. Thanks in Advance anna ❤

  • @sugumarravi3489
    @sugumarravi3489 5 місяців тому

    My fav channel ❤

  • @Jaihind-jb7wp
    @Jaihind-jb7wp 14 днів тому

    Do a video on velocity banking of credit card

  • @valluvarvaraikalanjyam4492
    @valluvarvaraikalanjyam4492 4 місяці тому

    Nice good information bro nandri

  • @joshua0811
    @joshua0811 6 місяців тому +1

    Can you make a video on impact of election result in the market?

  • @s.dharshinisathishkumar291
    @s.dharshinisathishkumar291 6 місяців тому

    Nice bro very very useful information thanks 👍👍👍👍👍

  • @fino11475
    @fino11475 6 місяців тому

    Hey boosan upload a video regarding the repayment of international education loan for abroad studies

  • @NirmalKumar-nb1ly
    @NirmalKumar-nb1ly 6 місяців тому +1

    Super video❤

  • @arunpandian7825
    @arunpandian7825 5 місяців тому

    Excellent explain...👌

  • @venkateshj3583
    @venkateshj3583 6 місяців тому +1

    PSU fund videos podunga sir

  • @gayathresuresh8033
    @gayathresuresh8033 6 місяців тому +19

    Talk about tata gold etf fund .. can we invest in tata gold

    • @finance.boosan
      @finance.boosan  6 місяців тому +9

      Tata Gold ETF is relatively new to the market. We may need more time to fully understand its tracking error; however, it is expected to be similar to any other gold ETF and should deliver more or less similar results to other ETFs

    • @gayathresuresh8033
      @gayathresuresh8033 6 місяців тому

      @@finance.boosan thank u

    • @nithyaphurrnesh3316
      @nithyaphurrnesh3316 6 місяців тому

      ​@@finance.boosanhi sir can u please explain about main IPO and SME IPO

  • @jensenjose682
    @jensenjose682 14 днів тому

    Hey got a question! I've recently started earning and my credit history is non existent due to which my credit score is not available! So when I try applying for credit cards the application is often rejected. What can I do to change this?? Is there any option available other than taking a loan from a bank??

  • @mervinsusairaj8385
    @mervinsusairaj8385 5 місяців тому

    Can u please explain future and options then how to invest and how to make the profits plz tell me sir .

  • @gowthamis2979
    @gowthamis2979 5 місяців тому

    Can you pls explain how non payment of credit card bills accumulate into a large sum? Also if there is a situation where we are unable to pay a large sum in the credit card bill, how does converting the bill to EMI works? Is it better to take a loan and pay the credit card bill in that case. How does partial payment of bills affect the user?

  • @harishreddy9790
    @harishreddy9790 6 місяців тому

    Bro please make a dedicated video for best fuel card please 😊

  • @selvaraj001
    @selvaraj001 3 місяці тому

    Good video.. I know about minimum payment Due now

  • @stephencrowns904
    @stephencrowns904 11 днів тому

    ❤🎉🎉tq bro

  • @amudhapriyane4534
    @amudhapriyane4534 4 місяці тому +1

    Hi Bro. Nice video.
    Some bank provides zero charges for credit cards. In that case how do they make money by giving the money for us?

  • @nandhakumar3199
    @nandhakumar3199 2 місяці тому

    3:26 time to time.....repay.but credit score low ...why

  • @JaiSurya1601
    @JaiSurya1601 5 місяців тому +1

    Hiii bro na hdfc la credit card apply panna yanaku residence and office address same ha irukunu varuthu so yanaku mail vanthu iruku (Residence confirm form fill panni post panna sonanga) yenaku yeppadi pandrathunu therila nenga oru video podunga bro plssssss

  • @SRINATHV-zv7mj
    @SRINATHV-zv7mj 5 місяців тому +1

    Sir please tell which is best for. To create demat account zerodha or upstox. Etc. For next 10 years i am 20 years old. I will invest sir please which is best app to invest. Gove me information sir thank you

    • @rajeeveifer1135
      @rajeeveifer1135 5 місяців тому

      Bro already video post pannitaru, check pannunga

  • @barathvikraman5801
    @barathvikraman5801 6 місяців тому

    Bro can you make a separate video on fuel cards

  • @DevaNathan-oo1fx
    @DevaNathan-oo1fx 5 місяців тому

    Bro investment ku best app solluga for students exactly groww vs angalone ..... Video podugaa pls I am confused 😕

  • @AjithkumarAjithkumar-hg2hu
    @AjithkumarAjithkumar-hg2hu 5 місяців тому +1

    Icici perudential bluechip ah pathi sollunga bro ipotha 2000 monthly st panniruka 15 year wait pannalanu iruka intna fund okva bro

  • @ராஜா-ல1ங
    @ராஜா-ல1ங 6 місяців тому

    Talk about silver ETF bro🎉

  • @Make_it_Easy-Everything.
    @Make_it_Easy-Everything. 6 місяців тому

    Already education loan vangi katta mudila... Ipa na credit card vanguna credit score improve pana mudiyuma... But education loan katta mudiyathu enale ipa athan kekuren...

  • @Ceilingachiever
    @Ceilingachiever 6 місяців тому

    Bro very clear explanation bro...❤️❤️

  • @karthiksai8215
    @karthiksai8215 6 місяців тому +1

    Bro credit score kamiya iruku but cibil score adigama iruku how to balance bro

  • @heyvasuhere4909
    @heyvasuhere4909 5 місяців тому

    Hi bro after lok sabha elections endha mutual funds invest pannalanu video podunga bro and hsbc infrastructure fund pathi analysis podunga bro

  • @sivanesansiva7401
    @sivanesansiva7401 6 місяців тому

    Bro my father bought some shares in around 2000 ..
    He has physical copy of the share.
    How to convert that shares into current demand account.
    Kindly put that video bro it will be helpful

  • @deepakrajank9081
    @deepakrajank9081 5 місяців тому

    lot of people say watch is an investment, so I buy 10k watch this is assets or not🤔

  • @mkbmohan
    @mkbmohan 5 місяців тому

    Kindly post a video on s&p 500 index fund vs nasdaq 100 index fund.

  • @rathishkumar8131
    @rathishkumar8131 5 місяців тому

    Hi bro... NIFTY ALPHA 50 OR NIFTY LARGE MIDCAP 250 .. WHICH IS BEST BRO.. COMPARISON VIDEO PODONGA BRO

  • @VijayS-lb3lz
    @VijayS-lb3lz 5 місяців тому

    Minimum due again explain pannuga brother

  • @abraham.j
    @abraham.j 6 місяців тому

    Can you explain about Fuel credit cards?

  • @mohindaramarnath3614
    @mohindaramarnath3614 3 місяці тому

    Did Maximum limit and minimum limit calculated for year or per month? what is about minumum limit?

  • @PradeepRaghavan
    @PradeepRaghavan 5 місяців тому

    Hi bro I have a question. Could you please clarify if investing a portion of my monthly salary, around 5000 to 8000 Rs, in the Quant ELSS Tax Saver Fund Direct Growth Mutual Fund is a good choice? Are there any better alternatives? I have idea to started my SIP in this fund. please share you opinion

  • @mrspanner899
    @mrspanner899 5 місяців тому

    High yield bond pathi solungha bro

  • @r.lingesanlingesan417
    @r.lingesanlingesan417 6 місяців тому +2

    Auto payment வசதி செய்து தராமல் சுமார் 4000 ருபாய் 4தவணையில் ஏமாற்றி விட்டார்கள்...
    வங்கி கணக்கில் இருப்பு
    இருந்தது...
    HDFC BANK
    எப்படி கம்ப்ளெய்ன்ட் பண்ணணும்

  • @balasam8325
    @balasam8325 5 місяців тому

    Souseful bro

  • @jayaram116
    @jayaram116 Місяць тому

    Bro card limit 30 percent use pannitu annaike pay pannitu adutha naal thirumba 30% use pay pannite itha monthly 5 times use Panna cibil adivanguma bro

  • @VijayKumar-fz8ul
    @VijayKumar-fz8ul 6 місяців тому +2

    Best credit card suggest pannunga boosan bro ,

  • @churchill5159
    @churchill5159 3 місяці тому

    Which card are you using?

  • @janakirams786
    @janakirams786 3 місяці тому

    How Ppl with no loan history or low/no cibil score get credit cards?

  • @Dilipkumar-hg9cr
    @Dilipkumar-hg9cr 5 місяців тому

    Bro Created card Apply Panni Vankiten But Use pannala Customer kitta pesna Your Card Block Agiduchu soldranga Net Banking la Check panna Card Active la irkku yenna bro pannalaam....

  • @kumarkumar-js7uc
    @kumarkumar-js7uc 6 місяців тому +1

    it is possible to open demat account for senior citizens and invest.

  • @karthigan13
    @karthigan13 5 місяців тому

    For NRE getting credit card is difficult.. are there any way to apply??

  • @LakshmananMe
    @LakshmananMe 4 місяці тому +1

    If my credit limit is 1L and if i want to shop for 2L. Is this possible to pay in credit card? Or maximum is 1L only?

  • @TVK_ITwing_1
    @TVK_ITwing_1 6 місяців тому

    Bro Sbi energy opportunity pathi unga review enna bro

  • @purusoth9696
    @purusoth9696 6 місяців тому

    apps la credit score check pana avan anoda details aduthu loan company ku sell Panuvan.

  • @HARIHARAN___07
    @HARIHARAN___07 5 місяців тому

    That minimum payment due remaining amount which we shall pay along with the interest have the same interest rate or less bro

  • @arulkumar6959
    @arulkumar6959 Місяць тому

    3 cried card erukku appadi use pandradu

  • @nandhagopal6229
    @nandhagopal6229 5 місяців тому

    What is the outstanding balance

  • @the_yb7
    @the_yb7 5 місяців тому

    Credit utilization statement end la taney calculate pannuwaanga so what if we use 80% and repay 50% before statement date ?

  • @kuruvirottie
    @kuruvirottie 2 місяці тому

    Emi pota 4,000 per month total 12 month,ipadi use panuna ok va bro?

  • @balutalkies1183
    @balutalkies1183 6 місяців тому

    Credit utilization pattern is wrong method of cbil scoring

    • @finance.boosan
      @finance.boosan  6 місяців тому

      Indeed, many people may not be aware of this credit utilization ratio and how it could be impacting their credit score.

  • @KavinkumarR-s8z
    @KavinkumarR-s8z 6 місяців тому

    Bro enku oru doubt na share market app use panra na mobile change panita enna pandrathu bro 😢sollunga

  • @karthikt35
    @karthikt35 6 місяців тому

    Hi bro it’s not working in iPhone just working in android phone only wt can I do

    • @vjragav
      @vjragav 5 місяців тому

      GPay la pakka mudium

  • @YogasudhaDentalcare
    @YogasudhaDentalcare 6 місяців тому

    hi sir i have learned so much from you about mutual funds can you please kindly tell us for eg if i invested some amount of money in mf can i withdraw the gains in case of need in money thankyou in advance

  • @CyberPsychGaming
    @CyberPsychGaming 6 місяців тому

    All my spends are in credit cards and cashbacks are around ₹1500 every month, I use this money to by stocks.

    • @CyberPsychGaming
      @CyberPsychGaming 6 місяців тому

      @@vigneshs6066 3-4 cards for each category (online, offline shopping, fuel, recharge & bill payments, UPI spends, etc.)

    • @karthick7983
      @karthick7983 6 місяців тому

      Yes pls provide card names and which purpose that card is for?

    • @veluskse
      @veluskse 6 місяців тому +1

      How much do you spend in a month ? My whole month spending is 2000 to 2500 only 1500 goes to fuel

    • @karthick4174
      @karthick4174 6 місяців тому

      100 rupees ku 1.50 rupee chash back kedaikuthunu vachikitta kooda 1 lakh spend pannanume 1500 cashback neenga around 1500 solli irukeenga puriyuthu but more than 50 thousand aachum at least neenga spend pannanume. Ithu also dangerous thaan unga income Vida athigama spendings iruntha income tax la irunthu problem varum bro. Naan Amazon pay ICICI credit card use pandren ithu paravaala no surcharge for fuel and recharge and eb bill payment ku per 100 ku 2 rupees thraan Amazon la shopping panna prime membership iruntha 5% and prime membership illana 3% total amount la irnthu cash ah tharaan then other online spending ku 1% cashback thraan but out side Amazon online payment use pannumbothu charges ethum podraangala nu check pannikanum because no use aagidum so. And ithu lifetime free credit card so beginner intha card try pannalaam. Vera ethum ungalukku experience iruntha enakku sollunga

    • @shankarkr1603
      @shankarkr1603 6 місяців тому +1

      Which credit card you are using

  • @saravanan925
    @saravanan925 6 місяців тому

    Can you talk about tata 25% index?

  • @ameerthahir
    @ameerthahir 6 місяців тому

    What is the exact date of month we need to pay cc amount for increasing cibil score? As you said paying before the bill or due date wont create any impact

  • @abdulrehman5243
    @abdulrehman5243 6 місяців тому

    Can i Invest Max Life Nifty Alpha 50

  • @neelesh0123
    @neelesh0123 6 місяців тому

    Bro na recent ah dhan PAN card apply panni vangunen adhuvum illama na loan edhuvum vangunadhu illa credit card yum illa so na eppidi CIBIL score check pandradhu bro please sollunga

    • @Vk18c
      @Vk18c 6 місяців тому

      Paytm gpay phonepe ithulalam kuda pakkalak cibil score

    • @neelesh0123
      @neelesh0123 6 місяців тому

      @@Vk18c try panna bro no credit history nu varudhu bro

  • @KillerCruzer21
    @KillerCruzer21 3 місяці тому

    Bro will closing my credit card affect credit score

  • @vaigaipuyal4707
    @vaigaipuyal4707 6 місяців тому

    Bro i dont have credit score so i cant get a credit card rytu is there anyway to get the credit score

  • @mariesthere6180
    @mariesthere6180 3 місяці тому

    Na enakku ippa labtop vaanga ICICI credit card 8000 vata discount irukku aana card illa, ippa ICICI la credit card vangitu labtop vangunapiraku close panniralaama plz tell

  • @luck-xi2je
    @luck-xi2je 6 місяців тому

    Sir for fuel which is best card

    • @jeyaganeshs9621
      @jeyaganeshs9621 6 місяців тому

      Unfortunately. No cards for that. 😢

    • @sathyapriya8370
      @sathyapriya8370 5 місяців тому

      BPCL sbi cards

    • @jeyaganeshs9621
      @jeyaganeshs9621 5 місяців тому

      @@sathyapriya8370 that's applicable only in BHARAT PETROLEUM. there is no universal fuel card which accepted in all bunks 😐

    • @yathubites107
      @yathubites107 Місяць тому

      Sbi bharat petro or Icici hpcl

  • @vinolife
    @vinolife 6 місяців тому

    1st comment

  • @aswinj3444
    @aswinj3444 5 місяців тому

    Gpy la yee free ya check pannirlam bro

  • @vanithamurugesan
    @vanithamurugesan 6 місяців тому

    If I am checking my cibil score will it affect my cibil score? 🎼

    • @CyberPsychGaming
      @CyberPsychGaming 6 місяців тому +1

      No it will not

    • @rameshtamilselvan6301
      @rameshtamilselvan6301 6 місяців тому +2

      No, checking your own CIBIL score won't affect your score. It's considered a "soft inquiry", which doesn't impact your credit score

  • @ajayk98
    @ajayk98 5 місяців тому

    fd based card vangalama bro ?

    • @sbalaji358
      @sbalaji358 5 місяців тому

      Yes. Kotak 811 .

    • @ajayk98
      @ajayk98 5 місяців тому

      Ethula emi conversation iruka bro ​@@sbalaji358

    • @karshhh6247
      @karshhh6247 Місяць тому

      ​@@sbalaji358did you have that card bro

  • @AP00069
    @AP00069 6 місяців тому

    Hi Boosan bro, I'm getting frequent bank notifications to increase the credit card limit to above a lakh and it is currently below 90k.
    Can I opt for it. If yes, will that affect my CIBIL score in any way?

    • @shanmugampalani9374
      @shanmugampalani9374 6 місяців тому +4

      Hi,
      Increasing credit card limit, will not reduce your CIBIL Score.
      Let's say your card limit is 10000, your spending is 4000 which means you have utilised 40% of the card.
      If you increase the limit to 20000, your spending is same 4000 which means you have utilised only 20% of the card.
      CIBIL score may increase if you keep your utilisation under 30%.
      Hope it clarifies.

  • @rubinip1956
    @rubinip1956 5 місяців тому

    Hi. I have requested a slot with you to discuss in topmate.

  • @vancedyoutube5832
    @vancedyoutube5832 6 місяців тому

    Bro ipo tata motors dvr vangalama, vanguna tata motors (ordinary) kudupangala. Details vdo podunga bro

  • @vancedyoutube5832
    @vancedyoutube5832 6 місяців тому

    Tata motors dvr 10 share ku , tata motors ordinary 7 share. Itha pathu video podunga bro. Ipo vangunalum itha kudupangala

  • @sivanesansiva7401
    @sivanesansiva7401 6 місяців тому

    Bro my father bought some shares in around 2000 ..
    He has physical copy of the share.
    How to convert that shares into current demand account.
    Kindly put that video bro it will be helpful