What does it take to get a credit card and the rules of using a credit card ?

In simple terms, a credit card is a plastic thin rectangular card issued by the bank. It is called a credit card. Generally credit card users are given credit facilities to purchase any product or thing. And we all know that if we don't borrow money from someone then it must be paid back later, just like if we take a loan from the credit card that we get the benefit of, we must pay it back later with interest. And one of the disadvantages of taking a loan from here is that if the delay in payment continues to increase day by day, that means your loan amount will become heavier. Moreover, one advantage of using a credit card is that you can withdraw money from ATM booths if you want.

Credit cards are especially used by people who shop a lot. Today we will know what rules you have to follow to use credit card and how you will use it after getting credit card. Also if you face any kind of problem while using credit card then how to solve it today we will tell you all about these. So let's start the discussion without further delay.

Credit card What to do if you want to use a credit card ?

I like to talk in simple terms, and in simple terms, a credit card is a plastic card used to withdraw money through which we can withdraw money from any ATM booth. You may see a lot of places where a machine is placed in a glass room and people go there one card at a time and withdraw money.

In simple terms, this is called card withdrawal. With such a card, you can go out and shop in big shopping malls. If you go out like this, you can also shop. Another thing I have said is that those who use credit cards can borrow and withdraw money through this card if they want.

But if you can't pay this loan on time then interest will be added to your loan amount day by day and your loan amount will increase. I hope you understand. To give you a clear idea, credit card is a card where you can withdraw money even if you don't have money.

I have told a little above how to borrow and said in Bengali language and if you want to understand in English then I will say that if you have credit card then if you do not have money in your account you can withdraw money through loan.

Many of you may be confused about debit card and credit card i.e. do not understand the difference between the two, no problem, I will explain the difference between debit card and credit card below.

What is the difference between debit card and credit card ?

• Debit card and credit card are similar but debit card allows you to withdraw exactly the amount of money you have in your bank account.
• And credit card means if you don't have money in your bank, you can still withdraw money but it's about loan, I hope your idea is clear now.

What to do to take a credit card ?

Credit card is a modern-day secure system for moving money from one place to another.

One of the most important factors in getting a credit card is your financial stability. What do you not understand? Let me explain a little better. If you work, then they will see how much your salary? Now let's say you do business but they will look at the same thing as how much money you earn per month.

Now you may be thinking what will the bank know? Of course there's a reason it's a card from which you can take out loans whenever you want. Now there are many people who cannot repay the loan i.e. borrowing money. Banks are asking you for this information so that they can be sure that you will be able to repay the loan.

This is the main reason that they know so much about your finances, that is, how much money you earn a month and what else! After taking this information, if they feel that you are eligible to get a credit card from them, you can get a credit card only. I hope you understand.

You can get credit card through different ways like if you have voter ID card you can get crazy card. Also, if you have a driving license, you can take it and if you have a passport, you can also take a credit card through it.

One more thing, suppose you told them that you are a business then you have to show them some proof of your business. Again suppose you say, you work then the institution where you work, just like if a student is told which college you attend, if he shows the certificate of that college then it is his proof. Similarly, if you say that you are employed, you must show a document from that organization as proof.

Only then will the bank verify all your details and then let you know if you are eligible for a credit card. Let me tell you simply that if you want to take a credit card, you will know exactly what things you will need.

• Application for credit card ;- First of all, to get a credit card, you have to apply for a credit card online or you have to go to the bank from which you want to get a credit card and make the application. So that they know and you need to give them the information they ask you later.
• Photo ;- You will definitely need a passport size photo to make a credit card. You have to take it out from any computer store nearby.
• Identity Card ;- Your Identity Card i.e. Voter ID Card which you have must be required.
• Banks will ask you to provide some information about you. Also, as I said above, you need to accurately submit certain information about yourself that they will want to know.
• Your address ;- Also tell them where your house is your district or upazila or your place of residence along with all the talk or information proof.

Your monthly salary or income;- Salary is also another important thing that they will want to know about your monthly income i.e. how much is your monthly salary. Because by taking out a credit card you are taking out a loan so it is important that they know if you have the ability to repay their loan.

That way when all the rules are done and when you feel eligible to use the credit card with them then they will give you your credit card and you can use it later hope you understand.

How much is the credit card charge in a year ?

• Annual spending plays an important role in the use of credit cards for the users. The credit card entrepreneurs said that the usage of the credit card usually starts from at least 500 taka to 1000 taka or even 1200 taka per year.
• And this is called annual charge for credit cards. Usually for those who use credit cards, this charge must be deducted at a certain point in time. And it is known that after cutting this charge, everyone's pocket is more or less lighter. Now you decide whether to use a credit card or not.
• Credit card and debit card are almost similar in name but the use of both is very different. If you want to know about the use of debit card, then you must view my website, there is all the detailed information about debit card.

What to do if you forget your credit card password ?

What I will talk about now is if you suddenly say your card pin or what is called password then what do you do when we forget the password of something and don't know how to get it back then we have that level of tension we think oh Alas what will happen again but actually it should not be like this.

Because if there is a problem, there is definitely a solution. Many people use Facebook, so at first, you did not know what to do if you forget your Facebook password. But now you can easily recover or change your Facebook password by taking a code on your SIM number. Similarly, if you forget your credit card password, there are some rules to recover it.

• The same rule is not a very strict rule. Let's come to the main point. So if you look at the bottom with a little difficulty, you will know what to do if you forget your credit card password;
• If you forget the credit card pin, you must first keep a cool head and all online services must have a helpline to provide service.
• You have to coldly call them and tell them your problem so that they understand what the problem is.
• You will need to apply to them for a new card which will arrive by post within the next two weeks and then the helpline will reset your pin number or password.
• In addition, there is another easy method to recover the credit card password.

• Firstly ;- you have to insert your credit card in the machine where you withdraw money ie ATM machine.
• Second ;- After inserting the card you will be asked from there to select the language of your choice then select the language that you prefer which means the language that is easy to understand.
• Third ;- After selecting the language, click on the language of your choice. That is, after pressing, you will be sent a one-time password to the number on which you opened the account. By using that password you can recover your credit card pin number again. Hope you understand.

How credit card interest works and the pros and cons of credit cards

Credit cards are usually used to store money, so everyone has more or less money on their credit cards. Now suppose you put the amount of money you want on your credit card, then you know what the credit card company will do, then the credit card company will multiply this amount daily by the daily interest rate and then add it to the debt you have.

It means you will be made a fakir and what does it mean I said in pure Bengali language. In other words, even if you put money in the credit card, you will be fakir and if you don't keep it, you will be fakir. In my opinion, it is better not to use credit card. I found one good thing about the card is that they don't charge interest on your credit card balance.

Most credit card issuers charge interest. In fact, what I saw is that credit card companies run on interest. It is good for you to know that if you can pay off your credit card balance every month within a certain period of time, then you can avoid the hassle of interest.

And if you can't repay, then bro, there is no news, I mean I am not threatening you, I am telling the truth. So if you pay like balance then you don't have to pay this loan means interest separately.

Author's Comment

In today's era, except for big people, credit cards are generally not used by the middle class, that is, those who have more money use them more. You can understand the affairs of big people because they go to many places and most of the time need a lot of money, so it is not possible for them to carry a lot of money together, so they use credit cards. I will tell them that behind every advantage there is a disadvantage or problem. So if they want to enjoy those benefits then they must be aware too. Saying goodbye here like today. Until then, everyone stay with Aakash City, see you again with something new.

May God bless you all.