Ambareen Musa, CEO and Founder of lays out her insights to on the truths behind Credit Card advertisement and deals that lure a lot of the general consumers their way.

Credit card advertisements are everywhere these days – Billboards, newspapers, TV, radio, most likely even in your inbox.

Every card provider wants to one-up the competitors with offers, deals and discounts. In such a scenario, wouldn’t it be great if you could just tune out the noise and look beyond the marketing slogans, to understand exactly how the credit card can benefit you.

There’s more to single digit interest rates…

Ever seen a credit card advertisement offering an interest rate of ‘only’ 2.99 per cent? Well, before you get carried away, take a closer look – the seemingly attractive single digit rate is a monthly interest rate.

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