Kitne Card-Smart Ho?
8 questions. Every answer teaches you something — right or wrong. Nothing is submitted anywhere; your score stays on this device.
Question 1 of 8
You pay only the 'Minimum Amount Due' on your bill. What happens to interest?
All 8 questions, with the answers hidden
Prefer reading to tapping? Every question is here — open one only when you want the answer, so nothing is spoiled while you play.
1. You pay only the 'Minimum Amount Due' on your bill. What happens to interest?
Show the answer →Answer: Interest hits my ENTIRE balance, and new purchases too
Minimum due only saves you the late FEE. Interest (36–48%/yr) applies to your whole outstanding balance, and new purchases lose their interest-free period too.
2. Checking your own CIBIL score…
Show the answer →Answer: Never reduces it
Self-checks are 'soft inquiries' — completely invisible to your score. Only bank-initiated checks when you APPLY cost a few temporary points.
3. Best time to make a big purchase for maximum interest-free days?
Show the answer →Answer: Just AFTER your statement date
Buy just after the statement date and the purchase lands on NEXT month’s bill — up to ~50 free days instead of ~20.
4. A foreign website asks: 'Pay in INR or USD?' You should usually pick…
Show the answer →Answer: USD (the local currency)
The INR option (called Dynamic Currency Conversion) hides a worse exchange rate. Paying in the merchant’s local currency usually costs less.
5. Withdrawing ₹5,000 cash from an ATM using a credit card:
Show the answer →Answer: ~2.5% fee AND interest from day one
Cash advances have NO interest-free period — a ~2.5% fee plus interest starts immediately. It's the single worst routine use of a credit card.
6. '5% cashback' cards in reality usually…
Show the answer →Answer: Have category limits, monthly caps and exclusions
The 5% typically applies to select merchants, gets capped monthly, and excludes rent/fuel/utilities. The real blended rate is often 2–3% — still good, but read the footnotes.
7. Closing your oldest (free) credit card usually…
Show the answer →Answer: Hurts your score
It shortens your credit age AND raises utilisation on remaining cards — both negatives. Keep old free cards alive with one small recurring payment.
8. The single biggest factor in your credit score is…
Show the answer →Answer: On-time payment history
Payment history (~35% weight) dominates every bureau model. Salary isn't even IN the score — it matters to banks separately. Pay on time, win the game.