Why banks flag business expenses paid on personal credit cards

Why banks flag business expenses paid on personal credit cards

Source: Live Mint Banks monitor spending activities, regularly auditing suspicious transactions and on finding any misuse, they repeal the accumulated rewards, or worse, suspend the card. How banks monitor As per the most important terms and conditions (MITC) of banks, non-commercial credit cards can be used for personal expenses only. Non-personal usage includes buying goods…

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Travel hacks for a luxury Sri Lanka trip for just  ₹1.5 lakh

Travel hacks for a luxury Sri Lanka trip for just ₹1.5 lakh

Source: Live Mint Indian tourists are the largest group visiting Sri Lanka, thanks to the country’s proximity—a quick 2.5-hour flight from Mumbai—and its affordability. Following the Sri Lankan rupee’s collapse in 2022, the country became one of the most budget-friendly luxury destinations. Even 4- and 5-star hotels can be booked in the ₹5,000-10,000 range, particularly…

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