A Take on Credit Card- Rubique

1
A TAKE ON CREDIT CARDS
Rubique
2
With a Credit Card in your wallet purchases,
shopping or dining is no more a worry. Getting
one of those branded dresses or buying yourself a
latest phone handset is just a swipe away. But
before going for this most popularly used
financial product carried away let us spend some
time to understand how your Credit Card functions
on overall basis.
3
Does Paying The Minimum Payable Amount on The
Bill Keep You in a Safe Zone?
NO. Not at all. The total balance of the previous
statement period is actually the complete amount
owed. If you pay only the minimum balance, you
will be charged hefty interest on the remaining
amount. This is how Credit Cards earn money and
why they suggest such low minimum balances in the
bill. Let's say your Credit Card has a billing
period that begins on the 21st of one month and
ends on the 20th day of the next month. Any
transactions that are made post during this
21st-to-20th tenure will be reflected on your
bill for that month.
4
What is a Credit Card Dispute?
A Credit Card dispute about using your card
issuer to refund your money on an item or service
that you found unsatisfactory for legitimate
reasons, such as an item which doesn't fit its
description or services you paid for, or that
were never fulfilled, as well as other problems
with the transaction. If you make a good effort
to prove your grievance most Credit Cards come
down to a settlement for they do not want to lose
a customer.
5
How Can I File a Credit Card Dispute?
File the dispute You can file a dispute with
your Credit Card through its website, by phone or
through e-mail. You have a better chance of
proving your case by filing immediately.
Provide any additional details requested
During the dispute submission, youll have to
prove there was a problem with the product or
service by supporting your claim with
documentation that the item was malfunctioning or
was not what you asked for. Additional details
might include receipts, pictures and other
related evidence. Patience The process might
take a number of weeks.
6
What if Your Card is Lost or Stolen?

• If God forbid you lose your card
• Immediately call your card issuer and report the
  theft or loss mentioning your name, date of
  birth, phone number that it was registered with,
  and the account number requesting them to block
  it.
• Follow it up with a letter with all details and
  apply for issuance of a fresh card.

7
Some Tips to Make Your Credit Card Life Safer
Just, be sure while transactions offline, like at
petrol pumps, hotels, malls etc., make sure it is
swiped in front of you as far as possible. If
possible, better use a Credit Card which has a
small limit that suits your earnings. Spread the
cost of your savings in place to pay upfront to
avoid a debt trap.
8
With those tips and precautions in mind, visit
Rubique to Compare interest rates and deals, and
apply for a Credit Card.
9
Thank You