Applied for another Free Credit Card 💳

Hello and Namaste Everyone

Managing finance is not an easy thing instead it requires a lot of effort and many products and components can be necessary. There was a time when I was not in favor of a credit card because I thought it was reliable and I should not be using it but now since I have been using it for the last two years, I'm happy with the overall experience. It's useful because I can use it conveniently and don't need to spend money from my bank account. It's like if I'm getting the option to use the bank money then why should I spend the money from my bank account it's better to keep it in the bank to earn whatever interest it can.

I know that the interest earned on the savings account is not big but I have already enabled an option called auto sweep. This is very good because when the balance in the bank account is beyond the minimum threshold then it is converted into a fixed deposit and further time it is there the bank pays the interest rate as per the FD. This is also one of the reasons why I prefer using credit cards for expenses and repaying when the bill is generated instead of using my funds lying in the bank account.

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I have applied for another credit card and it looks beneficial. It is also free for life so I don't need to pay anything for the annual charge. I recently talked about Uni Paycheck which is a good service provided by the same company and they also offer credit cards so I have applied for this. This is a free-for-life credit card and there is no annual or renewal fee applicable. On top of that, I will be getting 1% cash back along with 5X rewards. They also offer zero fee on forex but this is something I don't use so it's not applicable in my case.

It's a completely digital process where I have done the KYC through the video call and the card will be delivered to my registered address within a week of confirmation. Uni is a company that is providing the service and you can also call it a fintech but the credit card is provided by Yes Bank which is a leading bank in India. They have done the tie-up with the bank because without the bank credit cards cannot be issued and I hope my experience is going to be good with this card as well. Currently, I use a credit card from H D F C Bank and I use two cards. One is a money-back card and the other is a digital card for UPI payments.

HDFC is one of the biggest banks in India in terms of credit card users and this bank holds the biggest credit card market share. I know why this bank is leading in the market because they are doing great in the credit card segment and I can say that because I have been using their cards for the last two years. I never had any issues and the entire process is very easy to use where they offer multiple options for repayment which is easy and user-friendly. I am expecting a similar experience with the Uni card as well and hopefully, this will be the same.

Thank you so much
Stay Safe

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