What Type Of Credit Card Is Best For Senior Citizens?
Credit cards can prove to be a versatile spending tool for seniors. How to find out which credit card would suit best to seniors?
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Credit cards can prove to be a versatile spending tool for seniors. How to find out which credit card would suit best to seniors?
Financial life changes completely on crossing the age of 60, due to retirement from an active work life, increased dependence on retirement corpus and a change in risk-taking capacity. So, the age of 60 is often seen as a cut-off year to accomplish financially crucial things.
The FIRST WOW! Credit Card is a travel companion offering perks like zero forex markup, zero interest rate on ATM cash withdrawal, and no TCS charges
Entering retirement without essential financial instruments may restrict the full enjoyment of this phase. Ensure you have the financial tools required to make the most of your retirement journey.
A credit card company may refuse to close your account even if you owe it just 35 paise, as highlighted in a 2019 case in Bengaluru.
Senior citizens can do most of their financial transactions while sitting at their homes, provided they have a bank account with an online banking facility or a debit or credit card
As senior citizens plan to travel abroad, they must consider carrying suitable money instruments that offer convenience, safety, and cost-effectiveness
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