Advantages of CC in detail Can use for Induction trainings and Refreshment training

1. CREDIT CARD
Benson V Martin | Trainer | Cochin | Kerala
Advantages of

2. What is a credit card ?
• We can explain this simply as “USE
THEN PAY”
• Everytime a person uses a credit
card he/she is borrowing money
from Bank,and this money will have
some rules and conditions for
borrowing and repayment(EG:Tax &
Interests)

3. ADVANTAGES OF CREDIT CARD
• CREDIT CARDS ENABLE YOU TO MAKE
PURCHASES EVEN IF YOU DON’T HAVE
THE MONEY ON HAND, ALLOWING YOU
TO CHOOSE TO PAY THEM OFF AT A LATER
TIME

4. • CREDIT CARDS ELIMINATE THE RISK
OF LOSS AND THEFT ASSOCIATED
WITH
CARRYING CASH, AND THE TIME AND
MONEY SPENT GETTING CASH FROM
ATMS AND BANKS

5. CIBIL (Credit Information
Bureau (India) Limited) is a
Credit Bureau or Credit
Information Company. This
company is engaged in
maintaining the records of
all the credit-related
activities of companies as
well as individuals including
credit cards and loans

6. Consumers can
earn interest on
the money in
their Savings
bank accounts
before paying off
their monthly
credit card
account balance

7. • CREDIT CARDS PROVIDE
CONSUMERS WITH THE
ABILITY TO MAKE AN
EXPENSIVE AND ESSENTIAL
PURCHASE ON AN
EMERGENCY BASIS, (I.E.
BROKEN HOT WATER HEATER,
REFRIGERATOR, HOME OR
CAR REPAIRS), AND ARE
OFTEN THE MOST SUITABLE
AND COSTEFFECTIVE MEANS
TO MAKE THAT PURCHASE

8. •CREDIT CARDS OFFER CONSUMERS THE
OPTION TO REVOLVE THEIR BALANCES,
GIVING THEM OPTIONAL, EASY ACCESS
TO SHORT-TERM CONSUMER CREDIT

9. CREDIT
CARDS
PROVIDE
“CASH
ADVANCES,”
GIVING
CONSUMERS
IMMEDIATE
ACCESS TO
CASH

10. SMART RETURNS

11. EMI

12. ALL THE BEST & THANK
YOU