Should retirees in India use credit cards? Key benefits and risks explained
· livemint.com
Credit cards for retirees offer secure cashless payments, rewards, emergency liquidity and credit score benefits, but disciplined usage is essential to avoid debt, fraud risks and financial strain. Proper professional guidance must be taken before deciding on any particular credit card.
India’s rapidly evolving digital economy and payments ecosystem is reshaping the way citizens spend money, including retirees and senior citizens. Credit card...