> Why take on debt if you don't need to?
what debt?
> UPI is directly connected to your bank account.
oh, then it's a hard pass from me. i do not connect anything to my bank account and keep cards in separate banks for security.
what debt?
> UPI is directly connected to your bank account.
oh, then it's a hard pass from me. i do not connect anything to my bank account and keep cards in separate banks for security.
You can have other (non credit, say savings) bank accounts for security too. It's just as easy (or easier) as getting a credit card here (in India).
i understand where the confusion comes from. i use the term “credit card” generically for debit and credit cards. sorry for the confusion.
No, because after a month, there will be an automatic payment from my bank for the balance. In that time, the bank is giving me their money and they’re on the hook for any fraud.
You are taking debt whenever you use credit card. If you miss/forget payment, some tech fault or sometimes just because you can be charged hefty interest or charges.
You can keep a separate account for your daily transactions.
most people i know have debit cards.