The travel and tourism industry has grown rapidly in the last few years. Taking note of the travel boom, some banks have partnered with airline and hotel programs to provide their credit cardholders with a reward points redemption option. Banks like HDFC Bank, Axis Bank, American Express, etc., have multiple airline and hotel transfer partners … Read more
Mastercard has partnered with City Union Bank (CUB) to roll out its first passion cards in India. Meant for cricket enthusiasts, the new cards are full of a host of exciting lifestyle and travel benefits. CUB has brought Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH) on board to enable fans to make the most … Read more
A credit score of 550 is generally considered poor in India. Such a score significantly impacts an individual’s access to credit instruments such as credit cards, personal loans etc. That is why clearly understanding the implications, pros and cons associated with this score and taking proper steps to improve the same are important for an … Read more
You can fund your overseas trip for personal/professional reasons, business or vacation with your credit card. Though credit cards offer a lot of benefits such as low forex mark-up fee, rewards and discounts on flights as well as hotel bookings for international travel, you have to be careful with your usage. There are several things … Read more
While going through your credit card statement, you must have come across certain transactions that have not earned any reward points. These may be transactions from excluded categories or the transaction amount may be lower than the minimum spend required to earn reward points. Banks require credit card transactions to be of a minimum amount … Read more
India is a rapidly developing country. The financial landscape in the nation is continuously evolving and creating healthy ground for obtaining a credit card even without traditional income documentation. Now, irrespective of being a student, homemaker or freelancer there are several banks that provide for credit card options that don’t require you to submit a … Read more
The aspect of personal finance that most people find most important is understanding how to manage payments on credit cards. While it may feel easy to pay the minimum amount due every month, it is important to understand the effects of doing so. This article covers the concept of minimum payments, their effects on your … Read more
Many benefits, features, and charges are often packaged with credit cards. The annual fee is an average cost cardholders pay each year to use their card. Though some shoppers may be unwilling to spend the fee, one should consider if the benefits these cards offer are worth the cost. Understanding annual credit card fees Annual … Read more
A high credit score is important for the customers to negotiate better loan conditions with the lender including lower interest rate, long tenure and high amont, among other factors. There are occasions when an investor is regular in making his credit card bill payments on time, still struggles to improve the score. Additionally, there could … Read more
In today’s rapidly evolving digital age credit card transactions have now become commonplace in India. Still, instances of extremely high and incorrect charges or unauthorised transactions are not at all uncommon. That is why, clearly understanding the dispute resolution process is important for credit card users to safeguard and defend their financial interests. This particular … Read more