Credit Card: Boon or Curse

Credit cards are whether a boon or a curse entirely depends on usage. On one hand it can help one out of any money problems, providing a financial lifeline and helping in case of severe cash flow problems but on the other hand they are pure temptation which can easily lead into debt trap (financial ruin).
Experts keep advising on the Dos and Don’ts, tricks and tips to use cards etc. They help you learn various ways in which you can benefit from credit cards like avoiding carrying hard cash, being able to pay for larger (expensive) items and then repay the balance gradually, and being able to cruise through temporary cash crunches.
There are few people who keep credit cards just to spend extravagantly, not for the benefits like convenience, ease, and flexibility offered by these cards. Some believe it a status symbol while few spend on cards just because they can afford to!
This kind of spending can easily lead one into a debt trap. In fact according to research this is the main reason for most to end up in personal debt. Then people are forced to take loans to tide over credit card dues and get caught in vicious circle of debt. Credit card should not be used to buy all sorts of luxuries, pay for holidays which you cannot afford. Neither should one buy the latest gadgets and high tech devices at high prices just to show off your purchases. Credit card is a responsibility. You need to look at how much you have to spend, how will you repay the money and how much interest will you have to pay.
Reports have revealed that people choose their credit card based on the credit limit offered by the bank rather than the rate of interest they would be charged. One reason for this could be the fact that they want to stretch the card limit to the maximum. One should always choose a card that gives best terms with lowest rate of interest. One should be careful in spending on a card and most importantly spend as much as one can afford. One should avoid falling into a debt trap from which it could get difficult to emerge by making diligent payments. If one is careful, credit cards will always be a Boon and never a Curse.

Credit Card Offers For the Month of March 2010

Click on Link to know more About Credit Card Offers on Other Banks Credit Cards.
Barclays Credit Card Offers
1) Barclays Gold
Dinning Offer :
•           Get 15% discount at Nirulas,(offer applicable for bill exceeding Rs.200 only till 30th April 2010)
•           Enjoy the delicious food with great discounts in your city at various restaurants
•           Delhi
•           Get 15% discount on food & soft beverages at Asia7.(offer valid till 01 June 2010).
•           Get 25% discount on liquor till 10 pm & 15% discount on food till closing at Dawat Khana.(offer valid till 31 May 2010).
•           Get 15% discount on food at Flames.(offer valid till 31 May 2010).
•           Get 33% discount on liquor( 5pm to 10pm) and 15% discount on food till closing at The Mezz(pub)(offer valid till 31 May 2010).
•           Get 15%discount on food and liquor at Clay Oven.(offer valid till 31 May 2010).
•           Get 15% discount on food at Desi Ladks.(offer valid till 31 Mar 2010).
•           Get 15% discount on bill of more than Rs.400 at Yo!China.(offer valid till 31 Mar 2010).
•           Mumbai
•           Get 10% discount on food at Flags.(offer valid till 01 June 2010).
•           Get 10% discount on food & beverages( Monday to Friday) at 5The Restaurant.(offer valid till 31 May 2010).
•           Get 15% discount on food at Bageecha.(offer valid till 31 May 2010).
•           Buy 2Thalis and get third one free at Rajdhani.(offer valid till 30 April 2010 & at Chembur, near TBZ, Mumbai Central Railway Station,MG Road,Mulund West and at Crawford Market ).
•           Hyderabad
•           10% discount on food at Haveli.(offer valid till 31 May 2010)
•           15% discount on food & beverages at Bottle & Chimney(offer valid till 31 May 2010)
•           Buy 2Thalis and get third one free at Rajdhani.(offer valid till 30 April 2010 & at Amerpeet ).
•           Get 15% off on food & 10% off on liquor at Padharo(offer valid till 31 May 2010).
•           Bangalore
•           Get 15% discount on bill of more than Rs.400 at Yo! China.(offer valid till 31 March 2010 and at Outer Ring Road outlet, Koramangala outlet and at Kammanahalli outlet).
Shopping Offers :
•           Get 15% discount from Tantra on purchase of 3 T-shirts.(offer valid till 30th April 2010).
•           Get 10% discount on a minimum purchase of Rs.2500 from Flying Machine.(offer valid till 30th April 2010)
•           Get 10% discount on Durian Furniture.(offer valid till 30th April 2010)
•           Get 20% discount at Cygnus.(offer valid till 30th April 2010).
•           Get 15% discount on Usha Lexus Furniture.(offer valid till 31st October 2010).
Travel Offers :
•           Get 10% discount on holiday packages at Fortune Hotels.(offer valid till 31st March 2010)
Reward Points Offers :
•           Earn 2 reward points on every spends of Rs.100.
SBI Credit Card Offers
1) SBI Platinum Credit Card
Dinning Offer :
•           Get 20% off at Costa Coffee outlets.
Travel Offers :
•           Enjoy a cashback of Rs1,500 on hotel booking & holiday booking through Makemytrip.com, just tell the coupon code ?SBICPSL?.
Petrol Offers :
•           Fuel surcharge wavier on transaction above Rs.500 and up to Rs.4,000.
Reward Points Offers :
•           Get 2% cashback on International spends.
•           Earn 1 power point on every spend of Rs.50.
Other Offers :
•           Get exclusive discount at Fortis network hospital across the country - Till 31st August 2010
•           a) Get up to 50% discount on special health check package.
•           b) 10% discount on preventive health check package, OPD consultations, pathological investigations & radiological diagnostics.
•           c) 10% discount on In-hospital charges like room rent.
•           Use SBI platinum credit card at Apollo Health & Lifestyle Clinics - Offer valid till 31st Aug 2010
•           a) Get 50% discount on special health packages worth Rs.9,000.
•           b) Get 10% discount on Standard Apollo Health Check-ups.
•           c) Get 15% discount on Diagnostics.
2) SBI Gold Credit Card
Dinning Offer :
•           Get 20% off at Costa Coffee outlets.
Shopping Offers :
•           Get 2% cash back at departmental stores and grocery stores.
•           Tanishq offer 6% off on Diamond Jewellery and 15% off on making charges of plain gold jewellery (till 31st May 2010).
Travel Offers :
•           Get fabulous offers at Yatra.com
•           a)20% off on domestic holiday & hotel booking.
•           b)Rs.5000 off on European destinations.
•           c)Rs.2,000 off on all Eastern destination holidays.
•           Rs.200 off on all domestic Airline Tickets.
Petrol Offers :
•           No surcharge on fuel costing Rs.500 to Rs.3000 across all petrol pumps.
Reward Points Offers :
•           Get up to 50% bonus on reward point conversion to JPMiles, in between 01 Jan 2010 to 31 March 2010.
•           a) Get up to 25% bonus on conversion up to 5500 JPMiles.
•           b) Get up to 50% bonus on conversion above 5500 JPMiles.
3) SBI Silver Credit Card
Dinning Offer :
•           Get 20% off at Costa Coffee outlets.
Shopping Offers :
•           Get 2% cashback at departmental stores and grocery stores.
Petrol Offers :
•           No surcharge on fuel costing Rs.500 to Rs.3000 across all petrol pumps.
From: www.deal4loans.com
Disclaimer: The above information is collected from various sources. Deal4loans.com is not responsible for any sudden change in the offers

Debit Card Offers for the Month of March 2010

Click on Link for knowing More about the Debit cards Offers from Various banks Visit: - Debit Cards Offers
AbnAmro Bank Debit Card offers
1) International Debit Card
Reward Points Offers :
•           Earn 2 Royalty points (equal to Re.1) on retail spends of Rs.100.
•           Earn 5 Royalty points (equal to Rs.2.50) on fuel spends of Rs.100.
•           Redeem rewards (minimum 500 points) as cash through a phone call to the bank
2) Air India AbnAmro Debit Cards
Travel Offers :
•           10% discount on all Air India Domestic and International Flights.
•           Discounts extended to 3 companions too.
•           2 Free Upgrade voucher to Business Class.
Reward Points Offers :
•           200 Bonus Royalty points (worth Rs.100).
•           2 royalty points (=Re.1) on every Rs.100 spends on Retail.
•           5 Royalty points (=Rs.2.50) on every Rs.100 spends on Fuel
3) Gold Debit Card
Reward Points Offers :
•           Earn 3 royalty points (=Rs.1.50) on retail spends of Rs.100.
•           Earn 5 Royalty points (equal to Rs.2.50) on fuel spends of Rs.100.
•           Earn bonus Royalty points for using ATMs, Net Banking, Making utility bill payments etc.
•           Redeem rewards (minimum 500 points) as cash through a phone call to the bank.
4) Van Gogh Preferred Banking Gold Card
Travel Offers :
•           10% discount on Duty Free purchases at Flemingo duty free outlets pan India and on board Jet Airways, Air India and Kingfisher Airlines.
Reward Points Offers :
•           Get 3 royalty points (=Rs.1.5) on every Rs.100 spends on Retail.
•           5 Royalty points (=Rs.2.50) on every Rs.100 spends on Fuel.
Other Offers :
•           Discounts and special access to 15 premier Golf Courses.
5) Premium Debit Card
Travel Offers :
•           10% discount on Duty Free purchases at Flemingo duty free outlets pan India and on board Jet Airways, Air India and Kingfisher Airlines.
Reward Points Offers :
•           Earn 2 Royalty points for Retail Spends of Rs. 100(equal to Re. 1)
•           Earn 5 Royalty points for Fuel Spends of Rs. 100 (equal to Rs. 2.50).
Other Offers :
•           Get discounts and special access to 15 premium Golf Courses.
Axis Bank Debit Card Offers
1) Priority Debit Card
Dinning Offer :
•           Get 10% discount on bills above Rs.250 (without tax) at Nirulas(offer valid till 31 Aug 2010)
•           Get flat 15% off on Pizzas & Garlic Breads at Dominos(offer valid till 31 August 2010).
•           Enjoy mouth watering Pizza and Pastas at Pizza Hut and enjoy the meal.
•           1) King Size Meals with Pastas
•           a) Feast for 2-Any 2 Pastas, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.415/0
•           b) Feast for 4-Any 4 Pastas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.799.
•           c) Feast for 6-Any 6 Pastas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1105.
•           2) King Size Meals with Pizzas
•           a) Feast For 2-Any 1 medium pizza, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.395.
•
•           b) Feast For 3- Any 2 medium pizzas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.750.
•           c) Feast For 6-Any 3 medium pizzas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1080.
•           (Offer valid till 30 December 2010).
Shopping Offers :
•           Get 15% discount on total bill at Vimal(offer valid till 31 Aug 2010)
•           In exchange of old Denim Jeans/Jacket (any brand, on any size),buy Levis Strauss worth Rs.2,999 and take Rs.500 off on the total bill and on purchase of Rs.5,999 get Rs.1,200 off on the total bill.(offer valid till 31 Mar 2010).
•           On purchase of above Rs.10,000 from Diti Jewellery get Rs.1000 gift voucher.(offer valid till 31 May 2010)
Entertainment Offers :
•           Get a free ticket for a companion on PVR Cinema tickets booked online on pvrcinemas.com (offer valid till 31 March 2010).
Travel Offers :
•           Get 10% off on hotels and holiday packages booked on TravelGuru (offer valid till 31 March 2010)
Petrol Offers :
•           Zero surcharge on fuel purchase.
Reward Points Offers :
•           Redeem reward points in charity, dinning, electronics, gift voucher, home, kids, lifestyle, magazines and personal.
Other Offers :
•           15% discount on Diagnostic at The Apollo Clinics.(till 31st March 2010).
2) Classic Debit Card
Dinning Offer :
•           Get 15% discount on total bill at Vimal(offer valid till 31 Aug 2010)
•           Get 10% discount on bills above Rs.250 (without tax) at Nirulas(offer valid till 31 Aug 2010)
•           Get flat 15% off on Pizzas & Garlic Breads at Dominos(offer valid till 31 August 2010).
•           Enjoy mouth watering Pizza and Pastas at Pizza Hut and enjoy the meal.
•           1) King Size Meals with Pastas
•           a) Feast for 2-Any 2 Pastas, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.415/0
•           b) Feast for 4-Any 4 Pastas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.799.
•           c) Feast for 6-Any 6 Pastas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1105.
•           2) King Size Meals with Pizzas
•           a) Feast For 2-Any 1 medium pizza, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.395.
•
•           b) Feast For 3- Any 2 medium pizzas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.750.
•           c) Feast For 6-Any 3 medium pizzas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1080.
•           (Offer valid till 30 December 2010).
Shopping Offers :
•           In exchange of old Denim Jeans/Jacket (any brand, on any size),buy Levis Strauss worth Rs.2,999 and take Rs.500 off on the total bill and on purchase of Rs.5,999 get Rs.1,200 off on the total bill.(offer valid till 31 Mar 2010).
•           On purchase of above Rs.10,000 from Diti Jewellery get Rs.1000 gift voucher.(offer valid till 31 May 2010)
Travel Offers :
•           Get 10% off on hotels and holiday packages booked on TravelGuru (offer valid till 31 March 2010)
Other Offers :
•           15% discount on Diagnostic at The Apollo Clinics.(till 31st March 2010).
3) Gold Debit Card
Dinning Offer :
•           Get 10% discount on bills above Rs.250 (without tax) at Nirulas(offer valid till 31 Aug 2010)
•           Get flat 15% off on Pizzas & Garlic Breads at Dominos(offer valid till 31 August 2010).
•           Enjoy mouth watering Pizza and Pastas at Pizza Hut and enjoy the meal.
•           1) King Size Meals with Pastas
•           a) Feast for 2-Any 2 Pastas, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.415/0
•           b) Feast for 4-Any 4 Pastas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.799.
•           c) Feast for 6-Any 6 Pastas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1105.
•           2) King Size Meals with Pizzas
•           a) Feast For 2-Any 1 medium pizza, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.395.
•
•           b) Feast For 3- Any 2 medium pizzas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.750.
•           c) Feast For 6-Any 3 medium pizzas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1080.
•           (Offer valid till 30 December 2010).
Shopping Offers :
•           Get 15% discount on total bill at Vimal(offer valid till 31 Aug 2010)
•           In exchange of old Denim Jeans/Jacket (any brand, on any size),buy Levis Strauss worth Rs.2,999 and take Rs.500 off on the total bill and on purchase of Rs.5,999 get Rs.1,200 off on the total bill.(offer valid till 31 Mar 2010).
•           On purchase of above Rs.10,000 from Diti Jewellery get Rs.1000 gift voucher.(offer valid till 31 May 2010)
•           Tanishq offers 6% off on diamond jewellery and 15% off on making charges of plain gold jewellery.(till 31st May 2010
Travel Offers :
•           Get 10% off on hotels and holiday packages booked on TravelGuru (offer valid till 31 March 2010)
Petrol Offers :
•           Zero surcharge on fuel purchase.
Reward Points Offers :
•           Redeem reward points in charity, dinning, electronics, gift voucher, home, kids, Lifestyle, magazines and personal.
Other Offers :
•           15% discount on Diagnostic at The Apollo Clinics.(till 31st March 2010).
4) Business Gold Debit Card
Dinning Offer :
•           Get 10% discount on bills above Rs.250 (without tax) at Nirulas(offer valid till 31 Aug 2010)
•           Get flat 15% off on Pizzas & Garlic Breads at Dominos(offer valid till 31 August 2010).
•           Enjoy mouth watering Pizza and Pastas at Pizza Hut and enjoy the meal.
•           1) King Size Meals with Pastas
•           a) Feast for 2-Any 2 Pastas, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.415/0
•           b) Feast for 4-Any 4 Pastas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.799.
•           c) Feast for 6-Any 6 Pastas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1105.
•           2) King Size Meals with Pizzas
•           a) Feast For 2-Any 1 medium pizza, 1 portion of Garlic Bread or Tortilla and 2 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.395.
•
•           b) Feast For 3- Any 2 medium pizzas, 2 portions of Garlic bread or Tortilla and 4 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.750.
•           c) Feast For 6-Any 3 medium pizzas, 3 portions of Garlic bread or Tortilla and 6 glasses of Pepsi/ 7 Up/ Mirinda/ Lemonade/ Iced Tea @ Rs.1080.
•           (Offer valid till 30 December 2010).
Shopping Offers :
•           Get 15% discount on total bill at Vimal(offer valid till 31 Aug 2010)
•           In exchange of old Denim Jeans/Jacket (any brand, on any size),buy Levis Strauss worth Rs.2,999 and take Rs.500 off on the total bill and on purchase of Rs.5,999 get Rs.1,200 off on the total bill.(offer valid till 31 Mar 2010).
•           On purchase of above Rs.10,000 from Diti Jewellery get Rs.1000 gift voucher.(offer valid till 31 May 2010)
Travel Offers :
•           Get 10% off on hotels and holiday packages booked on TravelGuru (offer valid till 31 March 2010)
Petrol Offers :
•           Zero surcharge on fuel purchase.
Reward Points Offers :
•           Redeem reward points in charity, dinning, electronics, gift voucher, home, kids, Lifestyle, magazines and personal.
Other Offers :
•           15% discount on Diagnostic at The Apollo Clinics. (till 31st March 2010).
From: www.deal4loans.com
Disclaimer: The above information is collected from various sources. Deal4loans.com is not responsible for any sudden change in the offers