Introduction
Due to their use of technology to improve financing, fintech businesses have been booming recently. Credit cards are their newest hangout. Fintech company credit cards differ significantly from typical bank credit cards in a few important areas. One is that fintech businesses frequently give out additional incentives and benefits. They provide a number of advantages not offered by conventional credit cards.
It’s crucial to comprehend what fintech credit cards are in order to appreciate their advantages.
The term “Fintech Credit Card” refers to a credit card issued by a business that focuses on financial technology. They are not issued by the fintech businesses themselves, unlike bank-issued credit cards; rather, they are backed by a lender that extends you credit. They are a loan issued in the shape of a credit card for ease of use, thus they should really be called loans instead of credit cards.
Slice Credit Cards
- 99.95% of Visa-accepting businesses nationwide accept it. You can get up to 2% immediate cashback on every transaction.
- You can shop anywhere and pay your payments in a few months by utilising EMI.
- Credit limits range from 2,000 to 10 lakhs rupees.
- Fuel fee waiver (up to Rs. 200 per billing cycle) on fuel transactions under Rs. 5,000. – Split bills with friends by adding notes or tags.
- Waiver of up to Rs. 300 in monthly rental convenience fees for transactions done through PhonePe and NoBroker totaling less than Rs.
- An intuitive and simple app UI
- NO annual fees. NO initiation fees. NO additional costs.
- Cutting-edge fraud prevention technology to protect your account and personal data
UNI Credit Cards
- Pay a third of all transactions – Divide your spending into three equal payments over the course of three months with no additional costs. A bill for Rs. 15,000 is paid in three installments of Rs. 5,000 during the ensuing three months.
- Get 1% back when you pay in full – After the 30-day grace period, you can choose to pay in full as usual to receive 1% back.
- Switch your transactions to the soon-to-be-introduced 6-, 9-, 12-, and 18-month EMIs.
- You are warranted a 100% refund in the event that a fee or charge is applied without your knowledge.
- Obtain a card as soon as possible to use for internet purchases until your physical card is received.
- Simple Card controls: You can quickly manage and track your online, offline, and contactless payments while setting your own limitations for each transaction.
- Flexible choices for repayment: You can carry over a portion of your payment to the subsequent bill by paying a modest Carry Forward Fee.
- To prevent being charged a late fee, receive multiple reminders about your bills before they are due.
- One-click Card lock: In an emergency, lock your card right away. When required, easily unlock using an app.
- Contact the staff by phone, email, or WhatsApp for 24 hour customer service.
Paytm Credit Cards
- Paytm SBI Card, Paytm SBI Card SELECT, Paytm CITI Credit Card, and Paytm HDFC Bank Credit Card are all jointly issued by SBI, HDFC, and CITI.
- Up to 5% in cashbacks on each transaction
- A maximum of Rs. 75,000 in exclusive member benefits for Paytm First
- Free Cyber Fraud Insurance
- Access to airport lounges is free anywhere in the nation
- Exciting deals on dining, travel, and shopping
- No yearly fee
- Waiver of the 1% fuel surcharge up to Rs. 250
- Possibility to request up to 4 free add-on cards.
- Credit Card Onecard
- There are no joining, yearly, or reward redemption costs.
- With only one mobile app, the Onecard App, you can effortlessly manage your card.
A stylish metal credit card. - A fully digital on-boarding procedure that takes less than 5 minutes to complete.
- On your top 2 spending categories, you will receive 5 times as many reward points.
- Reward points have no time limit. redemption for one swipe.
- Instantly convert your transactions into simple EMIs.
- Purchase family members add-on cards.
- Supported by reputable financial institutions such as Federal Bank, Bank of Baroda, South India Bank, and SBM Bank.
Conclusion
Fintech cards are a brand-new credit card that are gradually gaining acceptance. In comparison to conventional cards, they have a lot of benefits, including as low interest rates and substantial rewards programmes. They include a lot of useful functions and are also simple to use. A fintech card can be an excellent choice if you’re searching for a novel way to raise your credit score.
But take care! The terms are a little difficult, and the interest rates are quite high. Make sure you fully understand the procedure before enrolling in one to avoid accruing a lot of debt.
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I am an Undergraduate Student pursuing BA English Hons in KIIT University. My hometown is in Cuttack, Odisha. My hobbies include dancing and singing.