Can I purchase stocks with my credit card?
Buying stocks with a credit card is generally not allowed by reputable brokerage firms. Using credit cards to fund stock purchases can lead to high interest costs and open you up to potential fraud. There are alternatives for leveraging credit cards to invest, such as using investment apps or cash back rewards. SEBI specified that only savings or deposit funds will be used for investing. Since credit cards are pre-approved loans and not savings, you cannot use them to invest in mutual funds, SIPs or stocks.