HELP My New "Credit Card" From Axis Bank

[Technoglitch]

Some charges like processing fee and EMI interest charges are now made compulsory.

 

[DashMajor]

Some charges like processing fee and EMI interest charges are now made compulsory.

No wants to know everything I am illiterate on this.

 

[IndianMascot]

Credit Card - It allows the cardholder to pay for goods and services on Credit. So, if you buy something on Day 1, you get minimum 45 days time to pay for purchase done on Day 1

Debit Card - It allows you to pay for goods and services directly from your bank account physically and online instead of paying in currency. Payment through Debit Card is same as paying by cash.

Netbanking - It allows to pay for good and services online directly from your bank account using various payment gateways

 

[DashMajor]

Now question is if I purchase something via Credit Card then too whom I have to pay - Too bank or Too Shop ?

What is the difference between Debit Card Online Transaction and Net Banking ?

What is the difference between Debit Card physically payment and ATM card ?

Can I use Debit Card in ATM ?

 

[Technoglitch]

Now question is if I purchase something via Credit Card then too whom I have to pay - Too bank or Too Shop ?
to bank, hence EMI and processing fee for documentation and approval

What is the difference between Debit Card Online Transaction and Net Banking ?
debit card payment is done through 3rd party payment and net banking payment through bank server.

What is the difference between Debit Card physically payment and ATM card ?
Can I use Debit Card in ATM ?
Debit and atm card are one and same, hence both can be used at atm/retailers.

 

[DashMajor]

So what about the benefit is it free in Credit Card like no charges payable ?

Any specific place I have to redem my bonus points ? Like If I want to do shopping so can I redem it at any retailer ?

 

[Technoglitch]

So what about the benefit is it free in Credit Card like no charges payable ?

Any specific place I have to redem my bonus points ? Like If I want to do shopping so can I redem it at any retailer ?

you would get the details once you sign up for credit cards and CC executive would say more, i dont hold credit card as of now hence dont know more.

 

[IndianMascot]

Now question is if I purchase something via Credit Card then too whom I have to pay - Too bank or Too Shop ?

You have to Pay to Credit card company when Invoice of all purchase will be generated

What is the difference between Debit Card Online Transaction and Net Banking ?

You may treat these as 2 options both debit money from your bank account. If you pay by Debit card you need to have Debit card and ATM PIN. If you wish to use netbanking it requires and ID and password.

What is the difference between Debit Card physically payment and ATM card ?

Both are two different things. in 1st you may payment to a merchant via your Debit Card whereas in ATM you take out cash from your card

Can I use Debit Card in ATM ?

Yes ofcourse. That's its primary use.

 

[IndianMascot]

So what about the benefit is it free in Credit Card like no charges payable ?

You pay nothing extra while transacting with credit card. It provides a additional benefit of shopping on credit like we usually do in nearest PAN shop. When i was student i used to take breakfast and tea on credit to nearest hotel and used to pay him when i get money from home.

Credit card is same like this.

Any specific place I have to redem my bonus points ? Like If I want to do shopping so can I redem it at any retailer ?

No, bonus points can be redemmed only from recommended portal and ways as per credit card company terms and conditions.

 

[DashMajor]

You have to Pay to Credit card company when Invoice of all purchase will be generated

So for that I have to make payment within 45 days to Bank.