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Source: Live Mint New Delhi [India], April 5 (ANI): Credit card spending hit a 7-month low amid persistent decline, according to a report by ACMIIL, a stock market firm. According to the report, total credit card spending stood at ₹1,672 billion in February, compared to ₹1,841 billion in January. This marks a 9 percent decline…
Source: Live Mint Credit card spending in the country witnessed a seasonal decline in February 2025, registering a 9 per cent month-on-month (MoM) drop to ₹1,672 billion. This is the lowest registered figure, according to data provided by Asit C Mehta Investment Intermediates Ltd (ACMIIL). However, on a year-on-year (YoY) basis, card spending jumped 12…
Source: Live Mint Credit card distribution growth and spending in India continues to rise, reaching ₹1.84 lakh crore in January 2025, according to data provided by Asit C. Mehta Investment Intermediates. Hence, in this kind of an environment managing credit card expenses effectively is crucial to avoid financial strain later on. For the same proper…
Source: Live Mint The increasing use of credit cards are a part and parcel of life now-a-days with the advantage of rewards, cashbacks etc., for everyday purchases. Credit cards, however, have a hidden psychological trick attached, which eventually, leads you to over-spend. You can manage your finances better if you understand the psychology of spending…
Source: Live Mint Credit cards offer you great rewards and cashbacks through which you can maximise your savings and spend smartly. Credit cards make the payments on your behalf while you do not have to worry to spend cash until the due date of the billing cycle of the credit card. However, on one hand…
Source: Live Mint While credit cards have made rent payments unattractive by levying charges on such expenses, there are several third-party apps that still offer the service by offering bonus points, cashbacks and gift vouchers. Rent payments to landlords through digital modes such as third-party apps, mobile wallets and credit cards surged during the Covid…
Source: Live Mint Credit cards have become quite popular amongst people and have turned from a luxury to more of a necessity in today’s time. With credit cards, you do not have to spend cash immediately on purchases as your credit card will make the payment on your behalf and you do not have to…
Source: Live Mint If you are a new credit card user, you should ensure that your income is far more than your total bill. It is, incidentally, not uncommon for some credit card users to pile up high bills which are far more than their monthly income. As a result, they could fall into a…
