The FinTech Hub
Source: Live Mint A recent credit card scam in UT has highlighted the increasing dangers of digital financial crimes. The cyber unit of UT police has filed a criminal complaint against an unknown offender who scammed ₹8.69 lakh from Rajesh Kumar, a resident of Sector 31. The fraud occurred on December 23rd, 2024, showing how…
Source: Live Mint In the last few months, many banks have reduced the benefits of their credit card rewards program and introduced fees for transactions in specified categories like rent, education fees, utilities, etc. They also have a long list of exclusions for earning reward points, and the list is steadily increasing. However, American Express…
Source: Live Mint Most banks give reward points to their credit cardholders for transactions in specified categories. It is one of the ways in which banks reward their cardholders for using the credit cards. Cardholders can use these reward points in various ways. Most cardholders use them to pay for purchase transactions, avail of statement…
Source: Live Mint But with heavyweights such as HDFC Infinia, Axis Atlas and Axis Magnus Burgundy serving up stiff competition, do you really need an Amex card? Ashwin, a credit card enthusiast who tweets as @drgrudge, said given how elusive Infinia and Magnus Burgundy are, credit card users could consider getting an Amex card. “Both…
Source: Live Mint Most of us use our credit cards directly for online transactions or swipe them at the offline merchant’s Point of Sale (POS) machine. When we do that, we get the base reward points. But what if we told you that you can multiply your reward points (up to 10 times) if you…
