I never owned a credit card in my life, the HDFC guys are calling me every day now, should i give it a try ?
What are the risks that come with it.

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Credit cards by itself isn't bad at all. People with no financial discipline and bad habits like impulsive buying will have a hard time.

I am using HDFC credit cards (various premium offerings) from last 8 years. Never missed a bill. Make all purchases (only necessary stuff) using my credit card and accumulate reward points. I never spend more than what I can pay when the bill comes up (I am making purchases for the same value that I already have in my savings account. That means I am getting credit free loan for a month when my actual money is making intrest in my savings account). There are associated benefits like domestic/international airport lounge access (which I make use to the fullest) as well

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+1

Credit cards are good if you pay the bills 100% on time.

Online stores these days provide heavy discounts if you purchase using a credit card. This is a good deal on the surface, but it may cause you to unnecessarily purchase things. Thus increasing your spending.

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Ask them the annual fee for the same , also if you want a credit card go for amazon icici card, its free and comes with a load of benifits!!

helpful

I've credit card and it helps most of the times

Get the card and use it wisely
Build up your credit score

Never use more then 30% of your credit limit
If you have 30k alloted to you then don't spend more than 9k from your credit card.

Always pay full bill and never pay the minimum amount

Make sure you keep the credit limit or amount pending due 0 at start and end date of every month as banks send your credit info to credit bureau on those days

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