The Slice card, while offering benefits such as no-cost EMI facility, does have its fair share of disadvantages. One common complaint among customers is that despite the promise of no-cost EMI, they end up being charged interest on their monthly installments. This can be frustrating for customers who were expecting to avail the EMI facility without any additional charges.
Another issue that customers face is related to the repayment process on the Slice app. Some users report problems while trying to repay their dues, which can lead to delays or even missed payments. This can have a negative impact on their credit score and also result in late payment penalties.
Additionally, customers have expressed dissatisfaction with the credit limit on the Slice card. The company does not easily increase the credit limit, which can be limiting for those who require a higher spending limit. This can restrict the cardholder’s ability to make larger purchases or handle unexpected expenses.
The Slice card has its drawbacks, especially when it comes to the no-cost EMI facility and the repayment process on the app. The limited credit limit can also be a disadvantage for those who need more flexibility in their spending. It is important for potential customers to consider these factors before opting for the Slice card.
Personal Experience:
I have personally faced some issues with the Slice card’s repayment process on the app. There were times when the app would crash or encounter technical glitches, making it difficult for me to make timely payments. This resulted in late payment fees and unnecessary hassles. I also found the credit limit to be quite low, which restricted my ability to make certain purchases. These experiences have made me more aware of the drawbacks of the Slice card and have prompted me to consider other options with better features and services.