Credit Card TIPS for Rs. 25,000 SALARY! | Ankur Warikoo Hindi
Published: 2024-10-16
Status:
Available
|
Analyzed
Published: 2024-10-16
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Repaying a Rs 50,000 credit card debt by only paying the minimum amount will take 110 months.
"in fact it will take 110 months to repay this loan of 50000 if you keep paying the minimum amount for 9 years"
Pending
A ₹50,000 credit card debt will take 110 months to repay by only paying the minimum amount due.
"in fact it will take 110 months to repay this loan of 50000 if you keep paying the minimum amount for"
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A Rs 30,000 credit card debt will take 9 years to repay with a 3% monthly interest rate.
"9 years to repay ₹3000000, if the interest is 4 per month, then to repay the same ₹5000000, it will take 17 years, 8 years and almost double, this is the difference of just 1 per"
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A ₹50,000 credit card debt will take 9 years to repay if paying the minimum amount due and the interest rate is 3% per month.
"9 years, during that time you would have paid 90000 to repay this 50000"
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A Rs 50,000 credit card debt will take 17 years to repay with a 4% monthly interest rate.
"9 years to repay ₹3000000, if the interest is 4 per month, then to repay the same ₹5000000, it will take 17 years, 8 years and almost double, this is the difference of just 1 per"
Pending
A ₹50,000 credit card debt will take 17 years to repay if paying the minimum amount due and the interest rate is 4% per month.
"if the interest is 4 percent per month, then it will take 17 years"
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A credit card loan with a 5% monthly interest rate will never be repaid, even if minimum payments are made.
"if by chance you have taken such a credit card whose interest charge is 5% per month which is the equivalent of how much they charge you the minimum amount due, then your loan will never be repaid"
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The annual fee for the SBI Simply Save Credit Card is waived if the cardholder spends over ₹1 lakh in a year.
"Annual fee waiver: If you spend more than ₹1 lakh, the annual fee of ₹99 will be waived."
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A credit card loan with a 6% monthly interest rate will continuously increase and never decrease.
"if it is so, then it is important to understand that your amount will always keep increasing, it will never decrease."
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The annual fee for the Paytm Bank credit card is waived if the cardholder spends Rs 1,000 in a year.
"Annual fee is 99,000 If you spend ₹ 1000 in a year, it will not be charged"
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The ₹99 annual fee for the SBI Simply Save Credit Card will be waived if the cardholder spends over ₹1 lakh in a year.
"If you spend more than ₹1 lakh, the annual fee of ₹99 will be waived."
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The interest rate for the HSBC Smart Value Credit Card can range from 3.49% to 1.99% per month, depending on credit score and payment history.
"and the rate of interest starts at ₹3.49 per month but can go up to ₹1.99 per month."
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The book 'Epic Money' is projected to sell one lakh copies in India within one month.
"Because of this, my new book Epic Money has become the bestseller in India by selling one lakh copies within a month."
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The HDFC Bharat credit card is recommended for individuals who primarily spend on petrol and essential goods.
"and if you spend most of your money on petrol and essentials, then HDFC Bharat would probably be right for you."
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The ICICI Platinum Chip Credit Card is recommended for individuals who are frequent online shoppers or prefer banking-related rewards.
"then if you are a heavy online shopper or a banker, then ICICI Platinum would probably be right for you"
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The value of one reward point is equivalent to ₹1.
"One reward point is worth ₹1"
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New holders of the SBI Simply Save Credit Card will receive 2000 bonus reward points, valued at ₹500, if they activate the card and make purchases within the first 60 days.
"2000 bonus reward points which are worth ₹5000000 within the first 60 days of card activation."
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The annual fee for the SBI Simply Save Credit Card is ₹499, but it will be waived if the cardholder spends over ₹1 lakh in a year.
"If you spend more than ₹1 lakh, the annual fee of ₹99 will be waived."
Pending
The annual interest rate for the SBI Simply Save Credit Card is 42%.
"Interest rate is 42% per annum"
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A 2% fee will be charged on any cash withdrawn using the SBI Simply Save Credit Card.
"2% You will have to pay this instantly"
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It will take 110 months (over 9 years) to repay a 50,000 credit card debt if only the minimum payment is made.
"it will take 110 months to repay this loan of 50000 if you keep paying the minimum amount"
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A 3.5% fee will be applied to all foreign currency transactions made with the SBI Simply Save Credit Card.
"Foreign transaction fee If you pay then you will have to pay 3.5% over and above that"
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A 30,000 credit card debt with 3% monthly interest will take 9 years to repay if only the minimum payment is made.
"it takes 9 years to repay 3000000, if the interest is 3 per month"
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The fee to replace a lost or damaged SBI Simply Save Credit Card is ₹1,000,000.
"Card replacement fee ₹1000000"
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Each reward point earned on the ICICI Platinum Chip Credit Card is valued at ₹0.25.
"Reward points are worth 25 paise"
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A 50,000 credit card debt with 4% monthly interest will take 17 years to repay if only the minimum payment is made.
"if the interest is 4 percent per month, then to repay the same 5000000, it will take 17 years"
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There is a one-time joining fee of ₹199 for the ICICI Platinum Chip Credit Card.
"Joining fee is only ₹199"
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The book 'Epic Money' became a bestseller in India by selling 100,000 copies in its first month.
"Because of this, my new book Epic Money has become the bestseller in India by selling one lakh copies within a month."
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The annual fee for the ICICI Platinum Chip Credit Card is ₹99, starting from the second year of card membership.
"Annual fee is only ₹99 from the second year onward"
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The annual interest rate for the ICICI Platinum Chip Credit Card is 40.8% (equivalent to 3.4% per month).
"Interest rate is 40.8% or 3.4 per month"
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A 2.5% fee will be charged on cash advances made using the ICICI Platinum Chip Credit Card.
"Cash advance fee which was 3.5 above is 25"
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There is a ₹99 fee for redeeming reward points on the ICICI Platinum Chip Credit Card.
"Reward redemption fee So if you ever redeem your points, you will have to give a request at 99"
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The fee to replace a lost or damaged ICICI Platinum Chip Credit Card is ₹1.
"Card replacement fee is ₹1"
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Cardholders of the Paytm Bank credit card will receive 12,000 bonus reward points annually if they spend ₹36,000 or more in that year.
"You will get 12000 bonus reward points if you spend ₹36000 in a year"
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The ₹99 joining fee for the Paytm Bank credit card will be waived if ₹100 is spent on the card.
"There is 99 joining fee if you If you spend ₹ 100, it will be reversed"
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The ₹99 annual fee for the Paytm Bank credit card will be waived if the cardholder spends ₹1,000 or more in a year.
"Annual fee is 99,000 If you spend ₹ 1000 in a year, it will not be charged"
Pending
The annual interest rate for the Paytm Bank credit card is 42% (equivalent to 3.5% per month).
"Interest rate 3.5 per month or 42 per year"
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A 35% fee will be applied to foreign currency transactions made with the Paytm Bank credit card.
"if the transaction is done in foreign currency, then 35 per cent extra"
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A minimum net monthly salary of ₹2,500,000 is required to be eligible for the Paytm Bank credit card.
"Minimum net salary ₹ 2500000"
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Each reward point is valued at ₹0.20.
"The value of reward points is 20 paise not 25"
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The credit card provides eight complimentary visits to airport lounges annually.
"Travel benefits There are eight complimentary lounge visits"
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The annual interest rate for this credit card is 41.8%.
"Interest rate 3.49 per month or 41.8 per year"
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A minimum net monthly income of ₹2,000,000 is required to be eligible for this credit card.
"minimum net monthly income should be ₹2000000"
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The maximum cashback that can be earned across all categories in a month is ₹1.
"Maximum cashback you can earn every month is ₹1 on all the combined categories"
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The joining fee for this credit card is ₹5,000,000.
"The joining fee is ₹5,000,000."
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Individuals aged 21 and above are eligible to apply for this credit card.
"You can apply for this card from the age of 21."
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A minimum monthly income of ₹1 is required to be eligible for this credit card.
"Your monthly income should be a minimum of ₹1."
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The HSBC Smart Value Credit Card offers triple reward points for every ₹1 spent on online dining and telecom purchases.
"3x reward points for every ₹1 spent on online dining and telecom categories"
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The maximum number of reward points that can be earned per month on the HSBC Smart Value Credit Card is 100.
"but 100 is the maximum points you can accrue every month."
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The monthly cashback limit for the HSBC Smart Value Credit Card is ₹10.
"Cashback is capped at ₹10"
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The HSBC Smart Value Credit Card does not have a joining fee.
"There is no joining fee."
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The HSBC Smart Value Credit Card does not have an annual fee.
"There is no annual fee."
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The interest rate for the HSBC Smart Value Credit Card starts at 3.49% per month.
"And the rate of interest starts at ₹3.49 per month"
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The interest rate for the HSBC Smart Value Credit Card can range up to 1.99% per month, depending on credit score and payment history.
"but can go up to ₹1.99 per month."
Pending
A minimum annual balance of ₹1 lakh is required to be eligible for the HSBC Smart Value Credit Card.
"For this, your annual balance should be at least ₹1 lakh."
Pending
The book 'Epic Money' achieved bestseller status in India by selling 100,000 copies in its first month.
"Epic Money has become the bestseller in India by selling one lakh copies within a month."
Pending