Credit cards have become very popular these days owing to the ease of usage and deals and offers they provide on using the card. India is also moving towards a cashless economy which has given it an additional push. RBI data shows that credit cards in circulation have grown at a rate of 27% in the past year.
There are a number of credit cards that cater to a specific customer base and provide offers that are concentrated towards those customers only. A defence credit card is one such example which is designed keeping defence personnel in mind that includes serving officers of Indian Army, Air Force, Navy and Paramilitary Forces.