I know females are going to love this…and some guys obviously hate, but I thought I should tell you about this. The other day I was just surfing through offers on credit card and found this one interesting.
HDFC Bank has tied up with Gili to offer its Credit Card Holders EMI Purchase of Jwellery. This is a 6-month EMI option and you know what I liked the most about this? Bank has clarified upfront that this offer has no extra cost and there are no hidden charges.
However you need to take care of a few things. I am listing the important terms and conditions in a simple manner below:
A. Offer is valid till 31st December, 2011 only
B. Card has to be swiped on an HDFC Bank Swipe machine
C. Offer is available at select outlets. So before you go out my friend, check the list to avoid wasting time, petrol and yes a fight with your girl. ;). No…you don’t need to search it I am giving the link below for you (Say Thanks to me…LOL)
Happily, there doesn’t seem to be anything else that I should warn you about, but I would still advise you to read the Terms and Conditions given on above link for the safer side.
Interestingly there are other Credit Cards who have similar offers, but I didn’t find them good enough for two reasons:
They have a processing fee or an interest charge
The merchants that they have tie-ups with don’t have all India outlets
For your benefit, I am here giving the link of EMI offers on 4 other most popular cards
1. ICICI Bank Credit Card EMI Offers (Clcik to read details)
Gives you option to shop online, at retail outlets. Visit this link above and/or call ICICI Bank.
Gives you the option to convert your Purchases above Rs. 2500 into EMI for 6, 12, 24 months with 2% interest per month charge. You have to inform the bank within 30 days of purchase. Click on link above for full details.
Gives you the option to convert your Purchases above Rs. 2500 into EMI. Interest rate charged and other conditions not specified. Click on link above for additional details.
Standard Chartered has an EMI card which gives you option to convert all purchases above Rs. 2000 into 24 monthly installments. It doesn’t charge a processing fee or a pre-closure fee. The interest is charged at a rate of 2% per month. For every Rs. 1000, you pay an EMI of Rs. 53 for 24 months.
But before you make Her/Her Highness happy, you must see if you would be able to pay back in 6 months or not as it is only a credit facility and you must maintain a healthy credit score lest you are declined a personal, car or home loan.
And hey Girls, c’mon you can gift him a Gold/Diamond accessory too!!!. By the way, there is no restriction on buying it for yourself as well.
---*Happy New Year*---
