Credit Card vs Debit Card | 6 Key Reasons to use Credit Card than Debit Card | Mawazna TV

[@HassanKhan-er3fq]

Thank you for clearing misconceptions. Logo ne to dara ke rakha tha mujhe.

[@EhteshamShahzad]

I disagree with all points, except 2. If you need to use a credit card for emergency purposes, then you are already in financial trouble. You should have an emergency fund saved up in your bank account at all times. "Paisa apna use nahi kerain, logon ka use kerain", this makes sense in the business world. But people use credit cards for consumer goods. They use it to buy liabilities, not assets. This is a slippery slope and most people (especially those who are not disciplined with money) will become trapped in credit card dept. They won't be able to pay it back in time. And this is how banks make a lot of money. Cash back and prizes may bhi catch hay. In case of prizes, a bank and modify the points required to redeem something. Or discounts bhi waha lagtay ha jaha app wese bhi shopping nahi kertay. Cash back ka us ko faida hay jo shuks heavy spender hay. Warna app ko jo annual credit card kay charges hotay hain, wo cash back say ziada hotay hain. Lets say 1 bank 5% cash back offer kerta hay. But annual card charges hain 6k kay. Then you need to spend at least 120,000 a year just to break even. There are only 2 valid reasons to use credit card over a debit card. 1. Fraud protection. A credit card is bank's money, not yours. Agar app kay saath fraud hota hay, it is the bank's headache to get the money back. 2. Credit history. If you are able to build a good credit history by paying back the full amount on time, then getting loans in the future becomes easier.

[@samking618]

you can keep an emergency fund in some liquid cash fund which you can withdraw in 2 business days so credit card can come in handy for such situations, there is no point of keeping in a savings account due to extremely low returns I agree you can get trapped so you need to be extremely good with the money in the first place Alfalah and many other banks offer annual fees reversal on a nominal spend like 20k-40k in 2 months which you can easily do even if you do grocery only or add some fuel expenses too so you can have the credit card for free and enjoy the Orbit rewards. I agree it won't be much for a normal salaried Indvidual but still worth it to have a card for the 2 reasons which you mentioned

[@SohaibAhmad1636]

Dear, I am very impressed for your Initiative "Mawazna" it is one & only Channel For Credit Card Info In Pakistan

[@aamirabbas355]

Hello sir or agar ham month me use nai karty to uske charge to nai hongy na use karna ka

[@faisalpervaizofficial2259]

Bhai clear kya iski annual fee k bare mai to btay

[@uzairkarim]

اس سے بینکوں کو کیا فائدہ ؟

[@letsgochachu1667]

Billkul sahi kaha bhai men 3 kards ko bary tricky wah men use kar k ghar k bary bary kam kiy hen solar gari etc without bank chalan🤨

[@irfanshafiq1353]

Credit card se cash niklwa skte hen atm s?

[@shakirbalghari5495]

V Informative

[@streetfood8644]

Sir credit card bnwane ke liye kiya kiya hona zaroori he

[@Mawazna]

Thank you for your question. Aap ka bank account hona chahye kisi bank mein pehly sey and minimum 6 months ki bank statement chahyee ho gi. Ais key ilawa aap key ghar per koi utility bill ata ho aor aap ki salary statements lagti hein. Phir aap apply kerty hein form bank key sath and 3 weeks mein bank aap ki application ko process karwa deta hey. Hope this helps. Team Mawazna

[@NaveedGulzar007]

Sood ka bghair qarza kuch time ka lia bank sa Bhat faida ha iska Jazakallah

[@ZafarIqbal-oo8je]

Thanks a lot

[@amazonglife]

Sir kia credit card se cash money niklwa sakte hain

[@Mawazna]

Dear Mr. Amjad, Sure you can do that in few cards but aus ka rate of interest bohat high hota hey so I would suggest key aap avoid karein har mumkin cash withdrawl. However aap aus key purchase kar skty hein retail shops mein. Thanks, Team Mawazna

[@abduhutalum1866]

time pe wapis na kya tu sab sood ho jayga ye b bta dein janab

[@obaidmughal8013]

Sir pakistan ma ap aik credit se dusre credit card ki payment kar sakte hain

[@kashifahmed2326]

Sir apk pas konsa credit card hay؟؟

[@Trip4U]

Kon say bhank k credit card best hy aur asani say ban jaey ga

[@kashifahmed2326]

Pakistan me best credit cards konse hain??

[@AmirKhan-ng2hp]

Palitium credit card hbl best hai or mcb ka ?

[@obaidmughal8013]

Sir credit history tab be banty ha jab hum markup lagane se phale he pay kardein ya installments se history banty ha

[@aurangzaibmalikofficial]

Thanks for good information.

[@AKBARKHAN-fu4yp]

Sir Mere 2 accounts 3 ya 4 saal se chal re hn meezan bank m tu NTN bi bna huwa hai business account and personal account tu Kia account edr hi chlta rahe koi or bank mujhe apna credit card de ga ya lazmi tor pay account khulwana ho ga?

[@Mawazna]

Dear Akbar Khan, Thank you for your question. Jee aap apna account wahein per hi rahny dein. Kisi bi bank ki statement acceptable hoti hey aap ka credit card leny ky liye. So I would suggest to leave it with Meezan bank. Thanks

[@israr-ju2eh]

Credit card kese pasy date ha

[@Travel_vlog0]

Agr limit 4 or 5 lacs Hy credit card ki r jaisy hi lty hn card 3 lacs tk kharch hojaty hn to kitny month me minimum interest rate wapis krsakty hn?or Kiya ATM se cash widhraw kra sakty hn? Credit card se

[@Mawazna]

Dear Sumayya Tahir, thank you for your question. 51 days tak aap key paas grace period hota hey. Aus key baad interest lagna shuru ho jata hey. ATM sey withdraw kerwa skty hein leikin aus per bohat ziada interest rate charge hota hey. Hope that helps. Thanks

[@Travel_vlog0]

Thanks

[@muhammadusamasheikh9841]

Make a video on Faysal Noor Credit Card

[@rajuonceagain5306]

MashaAllah

[@ranakamrantraveller6116]

Credit card bai jb 50 dinow tk koi mark up nahi lgta lykin agr 50 say zeada 60 ya 70 dinow tk jo mark up lgta hai wo 50 say 70 dinow 20 dinow ka lgta hai sorow say yni 1. 70. Dinow ka mark up lagta hai please reply

[@Mawazna]

Dear Rana Kamran, Ager aap 'Total Amount Due jesey aap ney 25000 ki shoping ki' pay ker dety hein 'Payment Due Date' sey phly , to koi charge nahi hoty. Aap maxium 51 days tak interest free credit enjoy kar skty hein. Bank phir aap ko statement bhejy ga aor aap ko bataye ga Minimum Payment Due kitni hey... jesey Rs 5000. 51 days sey opper ho jayee, to aap ko interest charge ho ga Transaction Date sey ley ker Payment Due date tak aus amount per jo aap ki outstanding amount Rs. 20,000 per ('Outstanding Minimum Amount' Due deny key bad bachti hey)... Tu markup 20000 per lagey ga aor 60-70 days jitna time aap ny credit aistimaal kia hey aus sarey dino key liye lagey ga. Thanks

[@kaleemtv9264]

Hello

[@islamicvoicebyaqeel3549]

Agar credit card se paisay nikalwae ATM se to kia is par bhi 0% markup ha for 50 days? Ya phr markup lage ga.

[@samking618]

no, is par lgega markup. never put your CC in ATM unless extremely necessary like in emergency

[@Trip4U]

Asan kn sa bgank bna k deay ga

[@SohaibAhmad1636]

Also i have my own assumption which is that: If i have 2 Different Credit Cards of Different Banks then i can easily manage both of them. Like : Both Cards Have Limit 5 Lacs So i Spent 5 Lacs From Card A And Use This Money In My Business Then I will pay my Balance Within 50 Days From Card B, So i continously using 5 Lacs without any Hurdle. Is it Possible ?

[@muhammadusamasheikh9841]

Asslamu Alikum Use Iskamic Credit Card Noor Credit Card Of Faysal Islami bank Sadiq Credit Card Of Standard Chartand