Credit cards provide you with cashbacks and reward points so that you can save on your daily transactions while not compromising your lifestyle. However, credit cards can also make you form a habit of overspending because of which you may end up with a hefty bill which may be difficult for you to repay.
In this case, you can convert your credit card bill into EMI instantly. If you are an HSBC credit card user, you must understand the advantages and disadvantages so that you can convert your credit card bill easily.
You can reach out to the customer care anytime between 6:30 AM to 8:30 PM.
In conclusion, it is important that you understand your finances and evaluate thoroughly whether converting your EMI will be a better option for you as this will attract a high interest rate which you will be bound to pay along with processing fee. Hence, in order to avoid any financial stress, it is important that you always use your credit card wisely and only when necessary.
Disclaimer: Mint has a tie-up with fin-techs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
