The FinTech Hub
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 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….
Source: Live Mint If you are a small business owner, a company’s CEO, or a self-employed individual looking for a credit card that provides exclusive offers for your business, then a business credit card is the right option for you. Whether you’re purchasing software or getting furniture for your office, business credit cards are designed…
Source: Live Mint Concierge services, once a luxury reserved for the affluent, are increasingly accessible through credit cards. These unique offerings provide a variety of benefits, from travel assistance to personalised shopping experiences. In this article, we explore the different types of concierge services available through credit cards and how they can enhance your lifestyle….
Source: Live Mint Credit cards are a great tool to manage finances. They not only make life easy because of the ease of usage, they are also heavily rewarding if used in the right manner. Apart from ease of spending and earning rewards, credit cards are a great way to build credit score, get facilities…
Source: Live Mint A personal loan can be a useful financial tool for various needs, whether you have an upcoming event, want to take a relaxing holiday, or face an emergency requiring quick cash. With a personal loan, you can access funds without needing collateral, and the application process can be completed online in just…
Source: Live Mint Credit cards can be a powerful tool for managing expenses effectively. They offer convenience by allowing you to make purchases without immediate cash outflow, deferring payments until the next billing cycle. Many banks offer credit cards with attractive rewards, cashbacks, and discounts tailored to suit various needs. However, if not managed wisely,…
Source: Live Mint In today’s competitive financial landscape, securing a personal loan can be challenging. However, understanding the key factors that lenders consider can enhance your chances of approval. This article outlines effective strategies for improving your personal loan application, leading to a smoother and more successful borrowing experience. Understanding personal loans Personal loans are…
Source: Live Mint A structured budget is essential for managing your finances effectively. It not only helps during emergencies but also secures your financial future. While credit cards can be a double-edged sword, when used wisely, they can significantly enhance your budgeting efforts. The key risk lies in impulsive spending, which can lead to debt…
Source: Live Mint In today’s fast-paced financial landscape, personal loans have become a go-to solution for various needs, from home renovations to unexpected medical expenses. However, the allure of quick access to funds can sometimes overshadow the potential pitfalls, particularly the hidden fees that can significantly inflate the overall cost of borrowing. In this article,…
