Slice is one of the customer’s favourite Buy Now Pay Later Lending services that offer the Slice Credit Card in collaboration with several NBFCs. Due to its quick and easy activation, one important question arises, Is Slice Card Safe to Use? Does Slice Affect Credit Score?
Before we move towards the answer to the questions, Is Slice Card Safe to Use and Does Slice Affect Credit Score, let us understand the features of a Slice Card.
With this card, you can get up to 2% cash back on every transaction in the form of rewards. The card can be used anywhere, and there are no separate joining or hidden fees. Slice card also has a very relaxed eligibility norm. It means that a student studying in college can also avail of the Slice Credit card. You can also convert the bill into a 3-month no-cost EMI. The application is also easy and hassle-free. Here is the answer to the question, Is Slice Card safe?
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Is Slice Card Safe?
Yes, Slice card and its services are 100% secure and safe to use. However, you should always pay the bills on time to avoid late fees. We have used Slice Card for the last 4 years but haven’t faced any problems. However, there is no dedicated customer chat support on the Slice app and website. You can send any grievances via Email or call on the customer care number.
Also, Slice Card is partnered with the SBM Bank, which is RBI approved.
Does Slice Affect Credit Score?
Yes, a Slice card will affect the Credit Score if the bills are not on time. It negatively impacts the CIBIL and Experian score if the due bills are not paid on time and the credit capacity is full on the card. However, if you pay the bills on time and keep a consistent track of the bills, your credit score will not be affected in any way.
Conclusion:
Slice card is an excellent option for those looking to purchase items now and pay for them over time. With its 3-month no-cost EMI option, it’s no wonder the service is so popular among young people. Hopefully, this article has answered any questions Is Slice Card Safe? Does Slice Affect Credit Score?
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