Slice Credit Card Overview, Features & Fees | Is the Slice Credit Card Safe? Fintech companies are a new boom in the market. On 8 November 2016, after the demonetization of the old Rs 500 and Rs 1000 banknotes, digital payments became the new big thing in the market. After demonetization, the government of India launched the Unified Payment Interface (UPI). This has started to revolutionize the digital payments market and the creation of new fintech companies. This is where the Slice credit card comes into play.
Slice is a digital money lending platform that provides you with a Super Slice Credit Card in partnership with several NBFCs. Get up to 2% cashback for every transaction as a gift with a Slice Super Credit Card.
Slice Credit Card Overview, Features & Fees | Is the Slice Credit Card Safe?
Slices are accepted by 99.95% of Visa accepting merchants nationwide. Generally targeting young people, Slice offers you a credit card with fewer approval standards. There are no joining fees and no annual fees (no hidden fees). Trust me, Slice is for everyone out there.
How do you get started with a Slice Credit Card?
Step 1: Go to Google Play Store, search for “Slice Credit Card” and install the Slice app.
Step 2: Open the app, enter your verification email address or select one from the list already displayed.
Step 3: Once your email address is verified, you will be asked to enter your mobile number.
Step 4: Enter your mobile number, accept the terms and conditions, then click “Next”. Your mobile number is automatically verified by Slice app with OTP.
Step 5: Now enter your name, then decide whether you are a student, employee or self-employed and click “Next”.
Step 6: On this page, Slice app will ask for your PAN card number, enter it. Now the Slice app will automatically take your CIBIL score.
Step 7: Now you need to confirm your eligibility for a Slice credit card by entering your basic job details. “This information varies from person to person, for example, an employee needs to provide the name of the facility he is currently working at, his monthly salary, payslip or bank statement, etc. Entrepreneurs, on the other hand, need to be selective about what they want to do, e.g. B. Freelancers, social media influencers, YouTubers, etc.
Step 8: Now the Slice app will ask for your selfie to complete your Slice profile.
Step 9: Now Slice app will take you to KYC verification page and there you have to complete your KYC through Aadhaar. It’s easy, just enter your 16 digit Aadhaar number then enter the Aadhaar OTP you received.
Step 10: Now your mobile number details used to register in Slice app will be retrieved. “After completing all these steps, Slice will offer you a credit limit and send a physical Slice VISA Super Card directly to your home address within days of approval.”
Slice Credit Card Features and Benefits
Get 2% cashback instantly wherever you shop.
Slice credit card limit varies from Rs 2000 to Rs 10 lakh.
You can use it nationally for POS transactions and online transactions. You can pay back via a regular EMI OR you can choose to pay the entire outstanding amount at once in the next billing period if you choose not to use an EMI.
Slice is accepted by 99.95% of merchants across the country because it is a VISA card and most of the merchants accept VISA nowadays.
Last but not least, there are no joining or annual fees with the Slice Super Credit Card
Reducing credit card premiums
Every time you use a fractional card for your transaction, you get a “Cash Transaction” in the form of a fractional reward. If you spend Rs 1 you will get 1 cash as a reward. Later, you can convert the accumulated funds into cashback using the official Slice credit card mobile app.
| MONIES RANGE | CONVERSION RATE |
|---|---|
| 0 to less than 3 Lakhs | 1% |
| 3 Lakhs to less than 5 lakhs | 1.5% |
| More than 5 Lakhs | 2% |
Slice spark partners
10% cashback on Myntra
10% cashback on IRCTC
25% Cashback on Flipkart
Rs 30 cashback on DTH refills
These sparks are a type of added reward when you shop from a dedicated gaming partner. Its partners are mostly big brands like Apple, Samsung, etc. As a Slice Spark user, you get up to 30% cash back
Is the Slice Credit Card Safe?
Yes, the Slice card and its services are 100% safe and secure to use. However, you should always pay your bills on time to avoid late fees
Can I withdraw cash by Slice Credit Card ?
No.Slice cards cannot be used to withdraw cash