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Source: Live Mint If you are a regular traveller and use airlines on a frequent basis for the purpose, the rewards that you earn on your credit card spends can be utilised for booking flight tickets. Card issuing banks offer free air miles for your spending in select categories, which can then be redeemed for…
Source: Live Mint If you have missed the credit card payment deadline, you will be liable to pay an interest rate on the outstanding amount. The interest is usually high (between 2.5 to 4 per cent) and charged on a monthly basis. It is worth remembering that interest starts not from the due date of…
Source: Live Mint If you are new to the credit card universe, it is important for you to know that one of the key incentives for most users while applying for a credit card is to avail credit card rewards program. For those who are unaware, credit card rewards programs are incentives offered by the…
Source: Live Mint To boost the Diwali, Dhanteras festive spirit this year, banks are offering multiple credit card discounts and offers on online and offline shopping for electrical appliances, gold jewellery, mobile phones, apparel, and more. ICICI Bank, Axis Bank, SBI Card, HDFC Bank, etc have launched lucrative deals on credit and debit card shopping….
Source: Live Mint If you are a frequent traveller and often make payments in a foreign currency, then it is likely that you already hold a travel credit card. A travel card can help you make payment in foreign currency seamlessly while you are travelling overseas. However, banks typically charge a forex markup fee which…
Source: Live Mint If you are planning to apply for a credit card and are exploring a range of services that can take your experience a notch higher, then you may avail a range of premium services. Although these services vary from bank to bank, one can pick them according to their special preferences. Here…
Source: Live Mint If you regularly use a credit card, it is vital to be aware of the key rules including the annual fee, late payment charges, high rates of interest, minimum charges and the interest-free period. Importantly, you should make sure that you stay away from the common myths that are believed to be…
Source: Live Mint For decades, credit cards have been essential tools in our wallets, but as customer preferences evolve and technology advances, the classic credit card is undergoing a remarkable transformation. With innovations like contactless payments and biometric security, the future of credit cards promises to be more convenient, secure, and personalised than ever. Understanding…
Source: Live Mint If you’re a frequent traveller seeking to maximise savings on flights, hotel bookings, and other travel-related expenses, a travel credit card is the perfect fit for your lifestyle. These cards are tailored to provide significant benefits for travellers. In this article, we’ll explore some of the best travel credit cards for air…
Source: Live Mint On 8th August 2024, the Reserve Bank of India (RBI) made an important announcement about the frequency of credit information reporting by banks/NBFCs to credit information companies (CICs) like CIBIL and others. What is this announcement, from when is it applicable, and how will it help banks/NBFCs and borrowers? Let us understand….
