Should i go for credit card?

[hannibal09]

I recently started earning and i opened my salary account with hdfc. They offered me free credit card with 60k limit. Should i go for it?
Also he i opt for it, i want to use it for purchasing new bike worth 57k so how much i have to pay with in credit period and how much after that if i fail to pay back with credit period? Is interest is payable daily or monthly or yearly?

[cardbhai]

Well wait for few days before you jump on to the game of credit card. Credit cards come at 30% P.A rate of interest and is extremely bad if one cannot pay in full.

2 wheeler loans can be availed at interest rates as low as 10% P.A. So get yourself a two wheeler Loan and not on CC.

Best

[hannibal09]

I need loan just for 1 or 2 months so i dont want to pay emi for 12 months so if i buy bike thru cc, can i pay after 30-50 days? Will it be intrst free? 

[sunil]

30 to 50 days is a Gimmick. Depends on the Billing Cycle. As advised by CardBhai, don't straight head into the Credit Card Trap. Stay away as much as possible. Rest is upto you.