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Choosing between an EMI card and a credit card can be confusing, especially when both offer ways to shop without paying everything upfront. But there’s a clear difference between a credit card and EMI card. A credit card lets you spend now and repay later, often with interest if not paid in full. An EMI card, like the Bajaj Finserv Insta EMI Card, splits your big purchases into easy instalments—usually without extra charges. If you're trying to decide between the two, understanding how each works and what suits your needs best can save you money and stress.
A virtual credit card is a digital version of your regular credit card. It is generated through your bank or credit card provider's app or portal.
This card comes with a unique card number, CVV, and expiry date, just like a physical one. However, it exists only in digital form and is not issued as a plastic card.
You can use a virtual credit card for online purchases, app subscriptions, and digital services. Many banks allow you to generate and block these cards instantly.
They are usually linked to your main credit card or bank account, with a pre-set limit and validity period. This adds a layer of security when transacting online.
A physical credit card is the standard plastic card issued by a bank or financial institution. It has a magnetic strip or chip and is used for offline and online transactions.
This card includes your name, card number, expiry date, and CVV. It can be used at shops, restaurants, petrol pumps, ATMs, and e-commerce websites.
You receive it by post or from the bank branch after your credit card application is approved. It is valid for a set number of years and renewed upon expiry.
Unlike virtual cards, physical credit cards are essential for in-person payments. They also serve as identification in some situations, like hotel check-ins or car rentals.
While both card types allow cashless payments, there are key differences in how they are used and where they work.
Here are some key differences:
| Feature | Virtual Credit Card | Physical Credit Card |
|---|---|---|
Form |
Digital-only, no physical version |
Tangible plastic card |
Usage |
Online payments and app-based purchases |
Online and offline purchases |
Security |
More secure due to disposable details |
Risk if lost or stolen |
Accessibility |
Generated instantly via app |
Delivered physically, takes a few days |
Control |
Can set transaction limits easily |
Limits set by issuer, less flexible |
Loss Risk |
Can be deleted or blocked instantly |
Can be misused if not blocked quickly |
The virtual credit card vs credit card debate comes down to your needs—digital convenience versus widespread physical usability.
A virtual credit card offers many benefits, but also comes with certain limitations depending on your spending habits and needs.
Enhances online security by hiding your main card number
Easy to generate and block within seconds
Reduces the risk of fraud during digital transactions
Useful for single-use or limited-time purchases
Ideal for subscription-based services or trial accounts
Not accepted for offline or in-store payments
Some merchants do not accept virtual cards
Cannot be used for bookings requiring physical verification
Expiry and limits may restrict flexibility
This type of card is best used as a digital safeguard rather than a full replacement for physical credit cards.
A virtual credit card is ideal for secure online transactions. It helps reduce fraud risk without exposing your main credit card details.
Here are some situations where using a virtual credit card makes sense:
Using virtual cards wisely allows you to balance security with convenience in the digital world.
A credit card is a physical card used for both online and offline payments. A virtual credit card is used only for online transactions and has no physical form.
No, you cannot convert a virtual card into a physical one. However, you may apply separately for a physical credit card from the same provider.
It depends on your needs. Use a physical card for in-store payments, and a virtual card for safer online shopping or subscription services.
Virtual cards are not accepted at shops or ATMs. Some websites may not support them, and they usually come with short expiry durations.
Virtual cards are issued with unique numbers and expiry dates to improve online security. They are not replicas of your physical card.
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Posted on 16 May
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