3 hrs ago

Five Credit Card Features for Gen Z and Millennials

A credit card can be useful when its features match how you spend money.

Cashback is most helpful when it applies to things you already buy.

Always check limits and rules, not just the advertised cashback rate.

Some RuPay cards can be used through compatible UPI apps for eligible shop payments.

These payments still use your credit limit and become part of your bill.

A good app can show purchases, bills, rewards, and security alerts.

You should also understand all fees and interest charges before choosing a card.

Spending controls and reminders can help you avoid borrowing more than you can repay.

Key facts

Cashback: Compare eligible categories, cashback caps, exclusions, and minimum spending requirements.
UPI compatibility: Compatible RuPay credit cards can be linked to UPI apps for eligible merchant payments.
App management: Useful features include transaction alerts, statements, bill payments, rewards tracking, and controls.
Potential charges: Review joining and annual fees, interest, late-payment charges, cash withdrawal fees, and foreign-currency charges.
Reward conditions: Check the rules for redeeming rewards and whether annual-fee waivers depend on yearly spending.
Spending controls: Limits, transaction controls, payment reminders, and monthly statements can help users manage repayment.

thequint.com · 3 hrs ago