The FinTech Hub
Source: Live Mint While going through your credit card statement, you must have come across certain transactions that have not earned any reward points. These may be transactions from excluded categories or the transaction amount may be lower than the minimum spend required to earn reward points. Banks require credit card transactions to be of…
Source: Live Mint Maintaining a good credit score is important for anyone to be able to secure a loan or credit card on convenient terms and conditions. It is normal for married couples to run a joint bank account and credit card. But what happens to these cards and accounts in case of divorce? Oftentimes,…
Source: Live Mint Many Indians find themselves struggling to devise an investment plan and save money efficiently. This is happening in an era of global inflation, economic tariffs and disputes between nations all over the world. This is an era where financial stability is of paramount importance. Now, even after a cultural emphasis on saving…
Source: Live Mint At the time of securing a credit card, it is common among users to choose the card which has tempting features for them. And as one would expect, these features are quite personalised. For some users, discounts on movie tickets are more important than free coupons on eating out, whereas for some…
Source: Live Mint Many benefits, features, and charges are often packaged with credit cards. The annual fee is an average cost cardholders pay each year to use their card. Though some shoppers may be unwilling to spend the fee, one should consider if the benefits these cards offer are worth the cost. Understanding annual credit…
Source: Live Mint A smart approach to managing one’s personal finances is to repay credit card debt while eliminating the possibility of additional fees. Though “settlement” typically refers to discussions with the credit card company to develop an alternative payment for a reduced amount, it may still negatively impact a credit score. With this in…
Source: Live Mint While repaying a credit card debt can provide immediate financial freedom, it also often causes a credit score to drop. Once you have settled a debt, it is important to rebuild your credit if you have future financial plans. This article lists useful ways to improve your credit score after a settlement….
Source: Live Mint India is a rapidly developing country. The financial landscape in the nation is continuously evolving and creating healthy ground for obtaining a credit card even without traditional income documentation. Now, irrespective of being a student, homemaker or freelancer there are several banks that provide for credit card options that don’t require you…
Source: Live Mint As the Indian economy evolves and financial literacy grows among consumers, understanding what constitutes and constructs a good credit score has become immensely crucial. A credit score ranging between 300 and 900 is a numerical summary of an individual’s credit strength, his creditworthiness. This number is given by leading credit bureaus and…
Source: Live Mint The aspect of personal finance that most people find most important is understanding how to manage payments on credit cards. While it may feel easy to pay the minimum amount due every month, it is important to understand the effects of doing so. This article covers the concept of minimum payments, their…
