Last Updated on October 27, 2023 by Umer Malik
The demand for credit is increasing at a rapid pace. More and more individuals are looking for money to cover their unexpected bills these days.
Slice Card is a rapidly rising brand that provides excellent credit without the need for extensive verification. Slice Pay is a fast-growing fintech firm that offers financing to those with irregular income.
Slice just released a new credit card, the Slice Credit Card which gives rewards on all purchases.With this credit card, One may earn 2% cashback on every transaction. One of the nicest aspects of this card is that there are no yearly or renewal fees. One may get a variety of free perks, such as no-cost EMI, bill splitting, new bargains every week, and more.
Eligibility Criteria :
The qualifying requirements for Slice credit cards are nearly identical to those for other credit cards. The precise conditions that must be met in order to qualify for this card are listed below:
- One Must be a citizen of India.
- One must be over the age of eighteen.
- One must be working, self-employed, or enrolled as a student.
- A CIBIL score of at least 740 is required.
Furthermore, because there is no minimum credit score criteria for this credit card, newbies can apply and begin their credit adventure. Overall, the Slice Credit Card is an excellent choice for those over the age of 18 who wish to begin their credit adventure.
Fees & Charges :
There are two types of costs associated with credit cards: joining fees and yearly fees. Interestingly, none of these fees apply to Slice credit cards. In a nutshell, one will receive this card for free.
When one is charged an additional sum, there are several factors to consider. The details of the related fees are listed below.
- Cash Withdrawal : one is charged Rs. 50 if one withdraws money from an ATM. If one transfers money from an ATM, however, one is charged Rs. 25.
- Late Payment: If one does not pay the outstanding balance by the due date, the full amount will be changed to EMI. On the other hand, some charges vary from 12% to 15% of the outstanding balance.
- Additional Fees: With the Slice credit card, one gets free delivery right to one’s door.
Slice Super Credit Card allows one to earn quick rewards in a variety of areas, including travel, dining, and leisure.
This credit card also allows one to earn rewards on one’s purchases. Some of the features of the Slice Credit Card are listed below :
- Every transaction earns 2% immediate cashback.
- Shop anywhere and pay off all of expenditures in three months without incurring any additional fees.
- A credit limit ranging from Rs. 2,000 to Rs. 10 lakh is available.
- Every week, Slice sparks a news story.
- 99.95% of merchants around the country accept it.
- By taking notes or adding tags, one may split costs with pals.
- There are no joining or yearly fees.
Large Credit Limit :
The largest advantage of using a Slice card is the large credit limit. One may receive a credit limit of Rs. 2000 to Rs. 10 lakh with a Slice credit card.
2 percent cashback :
When one uses a Slice credit card to make a purchase, one receives 2 percent cashback.
No Fuel Surcharge :
If one uses Slice Credit Card to refill a car, one gets a maximum of Rs. 200 in monthly billing cycle as a fuel surcharge waiver.
No-Cost EMI :
No-Cost EMI is a typical yet important perk of the Slice card. One may use this function to make purchases from popular eCommerce sites like Amazon, Flipkart, Myntra, and others, and have them converted into monthly EMIs.
Simple Monthly Expense Tracking :
The Slice mobile application provides a clear way to track and manage monthly costs. In the event of an emergency, one can also transfer money from a Slice Credit Card to a bank account.
The Slice Super Credit Card is ideal for those who are new to credit and wish to earn rewards on every purchase. This is a good alternative for folks who are new to credit because the requirements are less stringent. With this Credit Card, one may get excellent rewards like cashback on every transaction without having to pay a joining or annual fee.
Read Also: Disadvantages of Having a Low CIBIL Score