
May 22, 2026
✦mint
Should retirees in India use credit cards? Key benefits and risks explained
Many retirees in India are now using credit cards for convenience and emergencies, with transaction values rising sharply. Experts say, "credit cards also help provide retirees with lucrative rewards." Using them wisely for planned expenses and paying bills on time can be a helpful financial tool, but careful consideration of pros and cons is advised.