Discover the Best credit cards in India for 2024, Explore features, benefits, interest rates, &rewards to find the perfect credit card, and Compare & Apply now. Discover the best credit cards in India with our comprehensive comparison guide. Explore features, benefits, interest rates, and rewards to find the perfect credit card that suits your financial needs. Fincover is the one-stop destination to avail loans, check your credit score free, Insurance and investment schemes from various companies. A credit card allows you to spend upto a pre-set limit. You would get a bill on a monthly basis for what you've spent each month. It is important to settle all your dues to avoid interest charges. If you carry a balance in the credit card, then the credit card issuer will charge an interest on what you owe to them. For credit cards, interest is typically expressed on an yearly rate known as Annual Interest rate (APR). Though it is expressed on an annual rate, credit card companies use it calculate the interest during your monthly statement generation. Generally, the interest rates on credit cards range from 2.5% to 3.5%.. Yes, you can withdraw cash from any ATM using your credit card. However, it is best advised to use your credit card issuing company's ATM. For cash advance, 2.5% of the transaction value or Rs. 500 (whichever is higher) is levied usually. The charges vary from bank to bank. you can convert your credit card transactions into EMIs. For converting the same, you will be levied a small processing charge along with the interest charge. Some banks, provide no-cost EMIs on credit cards as a part of their promotional campaigns.