Add on Credit Card: What is Add-on Credit Card? Add Before taking a card, know what are the benefits of taking it.

Add on Credit Card: What is Add-on Credit Card? Add   Before taking a card, know what are the benefits of taking it:

Let us tell you that a large number of people are using credit cards, but very little is known about add on credit cards. So in such a situation, add on credit cards can also be of great use to the users.

Add on Credit Card: You all know about credit cards that a large number of people use, such as for shopping and bill payments. But people know very little about add on credit cards. Today we are going to give you information about this.

What is this add on a credit card?

1.For information, let us tell you that these add-ons are issued to the credit card under the primary or original credit card. This means that more than one credit card is issued on the same account. 

2. As such, Buying and paying with both types of cards can be done from the same account

You can take add-on credit cards for these

1.Family members such as wife, children above 18 years of age or parents can take this card for them.

2.In such a situation, it can be useful for students who live away from parents.

3.This card can also prove to be very useful for those who cannot take their own credit card.

How many add-on cards can we take?

1.Let us tell you that usually when add-on card facility is available on the premium credit card.

2.So, according to the rules of the card-issuing bank, you can take from 1 to 5 add-on credit cards.

3.The benefits of the add-on card feature are generally similar to that of the primary credit card.

4.The credit limit of most of the add-on cards will be seen at par with the primary credit card.

According to some special bank rules, its credit limit can be reduced from the primary.

For information, let us tell you that due to having more than one add-on card, the total credit limit of the primary card remains divided between the primary and add-on cards.

What can be charged?

1.Such cards are usually available for free.

2.But according to the rules of the bank, some charges can also be applied to them.

3.In some such cases, up to a certain number of add-on cards are available for free, but if the number exceeds that, the card may have to be charged.

This card facilitates shopping, cash withdrawal

1.With the add-on card, the amount of cash up to the credit card limit can be withdrawn from the ATM.

2.The record of all transactions of the add-on card will be visible in the account of the primary card.

Can do various transactions like shopping in India and abroad.

1.You can shop online or offline.

2.If using add on a card then keep these things in mind.

The dues for add-on cards are to be paid by the primary cardholder.

1.In case of delay in clearing the dues of the add-on card, it gets included in the CIBIL report of the primary cardholder and this affects the credit score.

2.If you use the card and the dues have not been paid, then know that.

3.In case of non-payment of add on card dues, penalty charge payment along with interest is to be paid by the primary cardholder only.

4.If you use the add-on credit card incorrectly, you also have to pay the penalty to the primary cardholder.