December 22, 2023 08:02 AM ISTAn advantage of the virtual credit card is that it empowers cardholders with advanced transaction controls and limits that protect against misuse and reduce the risk of significant financial loss.
December 19, 2023 10:21 AM IST Though the card offers extra reward points for LIC policy premium payments, the reward rate is not very lucrative. Also, most benefits offered are available with other credit cards, too
December 18, 2023 06:27 PM IST With the new program, people will be able to access airport lounges without having a credit or debit card, DreamFolks said
December 18, 2023 12:47 PM IST In the post-Covid period, personal loans as a percentage of total bank loans have risen significantly. These loans are the first to take hit in the event of an economic crisis. The RBI action has come as a timely step
December 22, 2023 10:14 AM IST Many credit card holders have been found to use sharp tactics to earn faster rewards points. This has prompted banks to exclude categories such as utility bill, insurance and rent payments from their reward-earning lists.
December 01, 2023 12:07 PM IST From providing nomination or opt-out for investments in MFs and demat accounts to changes to HDFC Bank’s Regalia credit card lounge access within India, you need to be aware of several changes in the financial arena.
November 09, 2023 03:29 PM IST A Paisabazaar report titled “Making India Credit Fit” says that awareness of credit has gone up sharply among young customers.
November 11, 2023 06:42 PM IST The key to maximising value is understanding the features and benefits of your travel card and using them smartly.
October 26, 2023 07:13 AM IST If the ratio is high and consistently so, it might indicate the individual is relying heavily on credit and may be under financial stress.
October 25, 2023 07:42 PM IST With effect from October 1, 2023, the new TCS regulations apply to your international spending such as overseas tour packages, forex, remittances, and so on. Whether you're a business owner, a frequent international traveller, or simply curious about how the TCS would be levied, this video is a must-watch.
October 20, 2023 04:13 PM IST There are several benefits that you can derive from having more than one card, including using them as backup and for efficient cashflow management, but these can easily backfire if you don’t have the highest level of financial discipline and responsibility
October 19, 2023 12:05 PM IST Look for a credit card that not only amplifies your spending power but also offers you complimentary membership to renowned hotel and airline loyalty programmes.
October 18, 2023 01:12 PM IST The government has clarified that standalone purchases of foreign flights or hotel stays are not considered as a purchase of an overseas tour package; they are covered under LRS.
September 27, 2023 11:12 PM IST At present, the company has a tie-up with ICICI Bank for a co-branded credit card as part of which over 42 lakh credit cards have been issued as of June 2023.
September 05, 2023 07:26 AM IST Businesses are categorised by a unique number called the Merchant Category Code. This determines what rewards you get, or not. When a wrong MCC is configured in the banking system, it could land you in trouble, besides depriving you of your rewards.
October 02, 2023 09:05 PM IST Marriott Bonvoy and HDFC Bank have launched India’s first co-branded hotel credit card. For those who like staying mainly at Marriott hotels, this card is a good thing. But keep in mind that it also aims to convert travellers into Marriott hotel loyalists.
November 01, 2023 06:41 PM IST Complimentary visits to airport lounges, which were once a big draw to attract new customers, are now a burden. Banks and credit card companies are now cutting down on free visits.
August 21, 2023 10:54 AM IST Credit card balance transfer method is one of the many ways to reduce your credit card debt. But make sure you have the discipline to pay off your debt in time. But if the debt is too high, a credit counsellor is a better option.
August 20, 2023 07:30 PM IST Equitas Small Finance Bank was also investing in developing a mobile application to serve merchants and help improve their business operations.
August 12, 2023 03:28 PM IST Buy now, pay later goes back to at least 1934, when American Airlines and the Air Transport Association issued the first Air Travel Card.
August 11, 2023 08:10 AM IST Stretching the card limit, missing payments, and inactive cards are among the few reasons your bank may decide to cut your credit card limit.
August 08, 2023 10:17 AM IST As per the New York Fed, the youngest Americans aged 18-29 years had the highest credit card delinquency rates in the first quarter of 2023.
August 04, 2023 06:00 PM IST Learning to choose the right shopping credit card is a skill in itself. Weighing the fees and charges against the rewards and benefits you expect from the cards needs some thought. Experts tell you what to look for and prioritise
August 03, 2023 03:15 PM IST Credit card debts must be carefully managed for long-term financial security. Most credit card holders tend to make a few common mistakes that take them deeper into debt.
August 01, 2023 07:42 AM IST August may be the last month to lock in your investments in special FD schemes offering high interest rates. You'd also need to verify your income tax returns, spend smartly as the festival season kicks off, and track the RBI’s monetary policy announcement for any repo rate hike this August.
