Credit Card uses higher than Debit Card

Women prefer to use Credit card first instead of Debit card. RBI founds that women use their debit cards not on regular basis.

Women mostly used their credit card for shopping, credit card banks provides credit period of 45 days so they can use it mostly.

Women may be smarter when it comes to money matters. 45 days credit period is an appealing attraction of women towards credit cards. The number shows that how much of credit card is popular between peoples. Debit and credit cards outstanding at September-end 2011 was 25 crore and 1.76 crore. Younger generation used mostly used credit cards for shopping whereas Maharashtra and Andhra Pradesh peoples used their debit card foremost.Women may be smarter when it comes to money matters. 45 days credit period is an appealing attraction of women towards credit cards. The number shows that how much of credit card is popular between peoples.

Debit cards are used for shopping purposes, bill payments, ticket purchases etc.

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Created on Nov 15th 2011 00:25. Viewed 156 times.

Comments

Ofelia Reny Victoriano   affiliate marketer Credit cards can be used in shopping because you are given certain days credit period to pay. Debit card is good to use in paying bills and ticket purchases and can also be used in shopping so you only spend what is deposited in it. Nov 15th 2011 02:24

GOVIND SINGH  business no here is now first on debit card than credit card Nov 15th 2011 05:07

Est Lagrange  Owner EstWestGroup Most people use their credit cards because they don't have money in their accounts,... Nov 15th 2011 15:58

David L.   Freelance web designer n blogger well credit card is just like spending money more than saving. sometimes you will use it often when use credit card.. Nov 15th 2011 22:30