We all love a good deal, especially when there’s a shiny ₹1,500 voucher waving at us for converting our credit card purchase into EMIs. Agree? But how much are you actually saving—or losing—when you convert a ₹40,000 transaction on your American Express card into EMIs at 16% interest ? Let’s get real with the numbers. If you choose a 3-month EMI, your monthly payment is ₹13,690.46, and you pay ₹1,071.38 in interest. Subtract the ₹1,500 voucher, and you actually come out ahea
