CalibeHR SBI cards Office Credit Officer Interview Questions, Process, and Tips

A credit card is a payment card issued by a financial institution that allows the cardholder to borrow funds to pay for goods and services.

• Credit cards allow users to make purchases on credit, with the promise to repay the borrowed amount at a later date.

• They typically have a credit limit, which is the maximum amount the cardholder can borrow.

• Interest is charged on the outstanding balance if not paid in full by the due...read more

There are several types of credit cards, each with different features and benefits.

• Types include rewards cards, cash back cards, travel cards, secured cards, and business cards.

• Each type offers different rewards, benefits, and interest rates.

• Examples include Visa, Mastercard, American Express, and Discover.

The size of a credit card is standardized at 85.60 mm × 53.98 mm (3.370 in × 2.125 in).

• Standard size is 85.60 mm × 53.98 mm (3.370 in × 2.125 in)

• Thickness is typically around 0.76 mm (0.030 in)

• Size is similar to a driver's license or ID card

A silver credit card is a type of credit card that offers higher credit limits and more benefits than a standard credit card.

• Silver credit cards typically have higher credit limits compared to standard credit cards.

• They may offer additional perks such as travel insurance, purchase protection, and concierge services.

• Silver credit cards often come with an annual fee, but the benefits can outweigh the cost for frequent us...read more

Diamond credit card is a premium credit card offering exclusive benefits and rewards to high-income individuals.

• Diamond credit cards typically have higher credit limits compared to standard credit cards.

• They often come with perks such as travel insurance, concierge services, and access to airport lounges.

• Cardholders may also receive cashback rewards, discounts on purchases, and exclusive offers from partner merchants.

• E...read more