A credit card is a payment which is issued for the users to enable the cardholders to pay a Merchandise for the goods and services that they purchase. It will allow you to purchase from your bank account very easily. So by using this credit card, you can purchase anything. Since the Credit card is linked up with your bank account. So any transactions that are done through credit card will be processed from your bank account. The credit card holders can also borrow money for payments to any merchant in advance so that they can refund it later.And a credit card is a card issued by a financial company giving the holder an option to borrow funds, usually at the point of sale. Credit cards charge interest and are primarily used for short-term financing.
How To Apply For Credit Card
It is very simple and easy to apply for a credit card. Since Internet banking has become more privileged with all net banking and online transactions. The simple procedure for using to get the credit card is clearly mentioned,
- Since they are many banks available you need to choose the best bank that you would like to get a credit card.
- Go to the official website of the bank that you have chosen.
- Then you will find “apply here for credit card” option. Click on the option.
- After that, you will be taken to the application form in which you need to provide some of your personal financial information. The information will include
- Your name, address, and phone number
- Your Social Security number
- Bank account information (i.e., whether you have a checking account, savings account, or both)
- Your employment and income details
- After are filling in the details at the end of the farm you will find a copy of card terms and conditions. It is very important that you care if only read all the terms and conditions and then you should agree with it.
- Once everything is completed, you need to check and go through the details once again so that they are correctly given. After that click on submit.
- Credit card request will be accepted by the bank your request, and within few months you will get your credit card.
Use of Credit Card
- The credit card can use to make any payments for the merchant.
- You can also use your credit card to shop online.
- When you book tickets for Airlines, then you can use your credit card.
- Credit card can also be used to book hotels.
- In supermarkets on so you can use your credit card to purchase anything.
- Can use the credit card to withdraw cash from any ATMs.
How to Check Credit Card Status
You want to track your credit card application online then follow the steps below,
- First you need to visit the bank official website.
- After that, you need to search for “Track application” option which is available on the website.
- When you once click on the application status, then you will be displayed with a Windows that I will ask you to enter some details like application form, PAN card number and so on.
- After entering all the details click on status.
- Then the website to will take you to the status location in which you will find all the information.
You cannot track online then there is another way in which you should go to the nearest bank branch or just visit the bank to check the status of your credit card application