Thousand’s are bank fighting to prove their product best in the competitive market after globalization. To regain the best position in the market they don’t hesitate for miss-selling of their product. Lots n lot’s of promises but all will be shuttered down once it come into the end-user-hand.
One of the great examples of today’s trend is CREDIT CARD. People feel more proud & valued by having more number of credit card they add in their wallet. All the dreams come to light lime when the credit statement come & the same wallet which they feel proud to keep the number of credit card will only left with declined card one can say like dummy card.
Even the debit card will also be no use because they get empty for paying the credit balance. According to one survey 90% of the credit card holders are defaulter because they are no more left for further payment & remaining 10% pay the amount. You will shocked to know that this 10% of the payee cover the 90% of their defaulter money plus manpower used to pull out the money plus Bank make their profit of its own.*
So before applying for the credit card think 1, 2, 3, 4, … 100 times or n’ number of time. Be happy with what you have & be Happy about your debit card.