CREDIT CARDS – Good or Bad? | Advantages and Disadvantages of credit cards | Abhi and Niyu

Video in collaboration with CRED
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Should you use a credit card or not?
What are the advantages and disadvantages of using a credit card?
Why do banks keep offering credit cards for free to everyone?
What is the Bank’s profit in giving credit cards for free?
Abhi and Niyu discuss all of these points to give you an idea of both sides of the coin.

#CreditCards #Finance #abhiandniyu

00:00 Why are we fighting?
00:38 Unnecessary spendings
01:09 Credit score
01:47 Cash withdrawals with credit card
02:02 Interest-free loan
02:29 Missing the due date
03:08 Why I love CRED?
03:48 Offers on cards
04:05 Medical emergencies
04:18 Minimum spending trap
04:44 Conclusion

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A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

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About Us:

Abhi and Niyu are a husband-wife content creator duo who started their journey with a purpose to make the internet positive and put positive news in front of people. Their series 100 Reasons to Love India brought out positive stories about India, India’s changemakers, our history, culture and created an army of people who work to find solutions to everyday problems.