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Showing posts from March, 2023

Using A Business Credit Card for Cash Advances

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Using a business credit card for cash advances can be a convenient way to access cash when you need it. However, it's important to understand the fees and terms associated with this type of transaction. First, let’s understand the meaning of Cash Advances. What Are Cash Advances? A cash advance is a type of transaction that allows you to access cash from your credit card account. This can be done through an ATM or by requesting a cash advance from your credit card issuer. Cash advances are typically available to credit card holders who have a credit limit on their accounts. The amount of the cash advance is typically limited to a certain percentage of the credit limit. For example, a credit card issuer may allow a cash advance of up to 50% of the credit limit. Cash advances can be a convenient way to access cash when you need it, but they come with some significant drawbacks. Most credit card issuers charge a cash advance fee for this type of transaction, which is typically a perc

Pros And Cons Of Having A Flipkart Axis Bank Credit Card

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Flipkart Axis Bank Credit Card is a co-branded credit card offered by Axis Bank in partnership with Flipkart, one of the largest e-commerce companies in India. The card offers various rewards and benefits, making it a popular choice among shoppers. However, before applying for this credit card, it’s important to consider the pros and cons to make an informed decision. Pros: Welcome Benefits One of the main advantages of the Flipkart Axis Bank Credit Card is the welcome benefits. When you sign up for the card, you can enjoy a welcome bonus of Rs. 500 in your Flipkart wallet. Additionally, you can get a discount of 5% on Flipkart, Myntra, and 2GUD purchases. This is an excellent way to reduce your shopping expenses. Cashback on Flipkart purchases The Flipkart Axis Bank Credit Card offers attractive cashback offers on Flipkart purchases electronics and more. This is an excellent way to save money on your online shopping expenses. Dining Benefits The card also offers dining