The FinTech Hub
Source: Live Mint If you use a credit card, you should remember that spending more than the ideal credit limit is not recommended. It not only throws your financial plan into disarray but can also adversely impact your credit score. The ideal credit utilisation ratio is 30 percent. If your credit limit is ₹7 lakh,…
Source: Live Mint RBL Bank is planning to stop issuance of cobranded credit cards in partnership with Bajaj Finance. The move does not significantly change the bank’s plans for credit card business growth, including new issuances and spends. RBL Bank will continue to service the existing portfolio of approximately 3.4 million co-brand credit cards issued…
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 Credit cards are one of the most preferred financial tools as they help customers make purchases without the need to pay back immediately, along with added rewards and offers. Due to its attractive offers, many people apply for one. Applying for a credit card is very easy, however, issuers look for many…
Source: Live Mint Axis Bank offers a range of credit cards. We list out the key features of five major credit cards offered by Axis Bank. It is noteworthy that to become eligible for an Axis Bank Credit Card, one should meet the following criteria. The eligibility for Axis Bank credit cards depends on the following:…
Source: Live Mint A credit score is very important while applying for credit cards or loans as it plays an important role in determining your eligibility. This score indicates your creditworthiness which helps the lender determine the risk in offering you a loan. If you pay your EMIs and bills on time it will help…
Source: Live Mint Using a credit card, as we know, offers a range of benefits and rewards such as access to lounges, discounts on shopping and travel and dining. Before you even start using a credit card, it is imperative that you first activate it. As soon as you receive the credit card kit from the bank, you would ideally be…
Source: Live Mint Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries…
Source: Live Mint Weddings are a big affair in India. It includes extravagant celebrations, multiple events, grand locations etc. While weddings across India may differ in terms of rituals, traditions, and culture, one thing remains the same for most weddings across the country: huge expenses. People mostly spend their entire life savings on their big…
Source: Live Mint Floater credit cards or supplementary credit cards can be quite useful for meeting the financial requirements of a family. A floater credit card is an additional credit card that shares the credit limit with the primary card. These cards can be given to a family member, say a spouse. Virtual credit cards…
