Plastic Money, Real Problems

In 2026, getting a credit card is easier than ordering a pizza. UPI-linked credit cards have exploded usage, but they have also exploded student debt.

🎣 The 'Minimum Due' Bait

Banks love it when you pay the "Minimum Due." Why? because they charge 36% to 42% interest on the remaining balance. Paying minimums can turn a ₹10,000 burger bill into a ₹50,000 debt over a few years.

💳 The 30% Rule

Never use more than 30% of your credit limit. If your limit is ₹1 Lakh, don't spend more than ₹30,000. Going above this crashes your CIBIL Score, making it impossible to get a home loan later in life.

🚫 No-Cost EMI is a Lie

"No Cost" often hides a "Processing Fee" and 18% GST on that fee. Plus, it locks your future income. If you lose your job, those 6 EMIs become a noose around your neck.

✅ The Golden Rule

Use a Credit Card like a Debit Card. If you don't have the cash in the bank right now, don't swipe the card. Use it only for the 45-day interest-free period and pay the Full Amount before the due date.

Credit is a tool. Don't let it become a weapon. 💳💸