Buying Stocks with Credit card

pjpchowdary · #1 6th January 2008, 04:39 PM

If we buy stocks with credit card for Intraday Trading,will the credit cards bank charge Intersest for it?

Pebu · #2 6th January 2008, 06:31 PM

Is it possible to Buy Stock from credit card ? explain.

ratan jain · #3 6th January 2008, 06:38 PM

No interest is charged, in fact the credit card company will give u free international air tickets based on turnover.

How do u think I visited Bhendi Bazaar, it was by tickets sponsored by my credit card company.

Similarly, I was able to visit Taraporewala aquarium with sponsored tickets from my credit card company.

In short, go for it man!

logmein · #4 6th January 2008, 07:37 PM

Quote:

Originally Posted by ratan jain

No interest is charged, in fact the credit card company will give u free international air tickets based on turnover.

How do u think I visited Bhendi Bazaar, it was by tickets sponsored by my credit card company.

Similarly, I was able to visit Taraporewala aquarium with sponsored tickets from my credit card company.

In short, go for it man!

Credit card company? I think mine topped yours .....

They refused to let me pay for the Equity purchase I made. Moresoever, when last heard, they were in talks to issue me bonus credit for letting them serve me .....

sudhanshubhasin · #5 17th January 2008, 04:56 PM

Can we buy stocks through CREDIT CARDS ????

ANSWERS PLEASE..... I need to know.

Any interest charged by the CC company ????

logmein · #6 17th January 2008, 09:24 PM

Quote:

Originally Posted by sudhanshubhasin

Can we buy stocks through CREDIT CARDS ????

ANSWERS PLEASE..... I need to know.

Any interest charged by the CC company ????

I don't presume you'd imagine we'd b making fun if it were half as decent a question, would we?

For people who don't get it ..... so far ........ no you cant buy stocks with credit card. There is no system in place for you guys to do such a thing.

Any other "fake boob" question or something?

sudhanshubhasin · #7 17th January 2008, 09:42 PM

You love to talk like this ..... Don't you ?

a simple YES or NO is accepted and not your theory line.

So cut your own "boob"

GOT IT

surfingminds · #8 17th January 2008, 10:04 PM

Hey their is still possibility of having this facility in a credit card some banks may introduce such facility. Atleast some time back I applied for the icici credit card due to some rumers that they provide some support for the icicidirect customers?

I am very much worried that poeple started taking personal loans to invest in this market. and most of them are dumb investors.

I think some card should introduce the feature of credit money for the smart traders
so don't just shake your boobs its possible after all trading is serious bussiness. ?

sillu_m · #9 17th January 2008, 10:33 PM

The question is still intact.....yes or no. How we can use the credit card if possible could some one thro light on this in clear cut way???????

surfingminds · #10 17th January 2008, 11:19 PM

Ans is yes you can use the credit car for buying a stock. Go to ATM and withraw the cash what it allows and put that into yoru demat.

And if you ask me if the bse or the broker agent accepts your credit card to buy a stock for you the answer is NO as far as I know.;