The FinTech Hub
Source: Live Mint Your credit score is a report card of your credit history and creditworthiness. Banks and NBFCs consider 750 and above a good credit score for approving credit card and personal loan applications. However, a good credit score is just one of the factors considered for approving credit applications. Inspite of having a…
Source: Live Mint It is important for an individual to build and maintain a good credit score. A good credit score helps them get credit cards and loans essential to fulfil important financial goals. However, there are several myths surrounding credit scores. Let us clear some of these myths. Debunking common myths about credit score…
Source: Live Mint With the shift towards digital payments, the credit card landscape has evolved, too. Along with the rapid changes in the credit card space, there is a need for enhanced security measures. The EMV chip technology or credit card security chips is one such measure. What is EMV chip technology? Europay, Mastercard, and…
Source: Live Mint Many people buy credit cards to earn rewards and cash back and benefit from the same. Undoubtedly, they are a great choice for people who can manage them. However, a lot of people struggle with missed deadlines and managing multiple cards at once seamlessly. Credit cards can be managed easily with the…
Source: Live Mint Your credit score is an important indicator of your creditworthiness, ability to repay loans, and overall financial health. Your credit score can help you get loans like a home loan to buy your dream house, a car loan to buy the car you always eyed or a personal loan to enjoy a…
Source: Live Mint In a bid to discourage non-serious applicants, IDFC First Bank has started charging the joining fee upfront before dispatching its Mayura and Ashva credit cards. “Upfront payment of joining fee + GST required for dispatch of metal credit card. The fee is non-refundable,” IDFC First Bank said. While the joining fee is…
Source: Live Mint If you have started using credit card (s), you need to create a budget for your spending. By doing so, you can make sure that that your monthly expenditure remains under control. This is, in fact, a multi-step process. First and foremost, you need to assess how much is your monthly expenditure….
Source: Live Mint Credit cards have been increasingly reducing benefits and in certain cases have been withdrawing them totally in a bid to curb wrong usage. But what options does a customer, who takes a credit card solely for its benefits, have when they are withdrawn suddenly? RBI guidelines Card issuing banks have to give…
Source: Live Mint Are you a foodie who enjoys dining out or ordering food at home? If yes, would you like to get 10% cashback on your food expenses? The Swiggy HDFC Bank Credit Card can help you save up to Rs. 42,000 annually. What are the features and benefits of this card, eligibility, fees,…
Source: Live Mint If you want to make the most of travel deals offered by credit cards, what you need – among other things — is ‘travel hacking’. For the unversed, travel hacking is an art of using credit card points, loyalty programs, and travel deals to earn free or discounted travel experiences. The goal…
