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 Close on the heels of HDFC Bank upgrading the eligibility criteria for its premium credit cards and SBI increasing interest rates for its credit cards, ICICI Bank has reduced the benefits for customers across credit cards. There will be no reward points on government-related spending on ICICI credit cards. The bank has…
Source: Business Standard Credit Card, Shopping(Photo: Shutterstock) Private sector bank ICICI Bank and online travel company MakeMyTrip (MMT) have partnered to introduce a new premium co-branded credit card designed for frequent travelers. Key Features: myCash Rewards: Earn myCash rewards on travel and retail spending, redeemable for travel expenses on MakeMyTrip. …
Source: Live Mint If you are planning to subscribe to a credit card and believe that a credit card will only help you borrow credit to make payments for a slew of products and services then you are mistaken. There are a range of other services also that a credit card offers including fuel surcharge waiver,…
Source: Live Mint If you are planning to subscribe to a new credit card, it is recommended to first compare the features of different credit cards offered by a number of banks. These key features include the reward points, eligibility, renewal fee and other benefits such as free lounge access. There could be some features which are…
