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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Indigo co-branded credit cards from HDFC and Kotak or BluChip loyalty plan: Which is more rewarding? | Mint

Indigo co-branded credit cards from HDFC and Kotak or BluChip loyalty plan: Which is more rewarding? | Mint

Source: Live Mint IndiGo, the country’s biggest airline by market share, has operationalised its frequent flyer programme. The IndiGo BluChip loyalty programme rewards its flyers on every booking and the points earned can be used as cash in future bookings. Before BluChip, IndiGo had a 6E Rewards programme that was linked to co-branded credit cards…

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