This question is popping up in my mind for quite some time. I make a lot of payment every month through credit card and then every month again makes payment for it. But what I am thinking that when I have cash in hand then why should use credit card ?
For better explanation, assume that my monthly expenditure on utility bills, shopping etc. goes to an average of Rs. 40000 per month.
Now if I make those payment directly from account or debit card.. will that be more economical or if I use credit card for the payments ?
Or spending either way is same, only difference is that in case of credit card, you pay all at once while through direct banking or debit card, you pay instantly ?
Give your views guys..