The FinTech Hub
Source: Live Mint Airline loyalty programs, also known as frequent flyer programs (FFPs), have gained popularity in the last few years. These programs allow the earning and redemption of loyalty points (airmiles) on flight bookings. Banks like Axis Bank, HDFC Bank, American Express, etc. allow their credit card users to transfer reward points to these…
Source: Live Mint If you are a regular credit card user, it is vital for you to clear your bill on time to keep your credit score intact and avoid paying late fee as well as interest at an exorbitant rate. There is no denying the fact that the best time to clear your credit…
Source: Live Mint With each passing day, innovations in the financial landscape continue to emerge. One such innovation is contactless credit cards, designed to make transactions quicker, more convenient, and easier. What are contactless credit cards? Contactless credit cards are one of the latest advancements in the credit card landscape. As the name suggests, they…
Source: Live Mint Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in…
Source: Live Mint The festive season is a time for celebration, joy, and togetherness. It’s a time to shower loved ones with gifts, decorate your home, and indulge in delicious food. However, it’s also a time when it’s easy to overspend. Therefore, before you go trigger happy with your credit card spends, remember to do…
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…
