SENSEX
NIFTY
GOLD
USD/INR

Weather

image 43    C

Economy News

Livemint

Economy / Livemint

details

Should retirees in India use credit cards? Key benefits and risks explained

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. 

22 May 2026 11:59 am