credit cards

Balance transfer or loan refinancing? A guide to choosing the best debt management option | Mint

by

Balance transfers together with loan refinancing help people address the challenges associated with debt management. These debt reduction solutions have separate functions for your finances although they fulfil different goals depending on your financial needs. Knowledge about credit points stands essential for making wise financial decisions that respect your monetary targets. What is balance transfer? … Read more

Credit score: How to diversify your credit mix strategically? Find out | Mint

by

Your credit score needs to be enhanced in order to secure loans and credit cards at fair rates of interest. One of the most effective means of diversifying your credit mix and how exactly it can serve to enhance your creditworthiness will be illustrated below in this write-up. Knowing credit mix Credit mix refers to … Read more

Hyderabad woman falls victim to ₹2.29 lakh credit card fraud—learn how to stay safe from rising scams in India | Mint

by

A 53-year-old Hyderabad woman lost ₹2.29 lakh recently to a credit card scam. This isolated incident is just a pointer to increasing credit card frauds in India and an alert to credit card users to stay careful. How did the scam unfold? The victim received a call from someone posing as the head of customer … Read more

Credit card hack to get higher rewards on bulk payments

by

Many credit card users do not get any reward points when paying bills directly. However, there is a hack to maximize rewards. “Most credit cards do not offer rewards on utility bill payments, but by leveraging accelerated reward portals, you can earn significantly higher points,” Sumanta Mandal, a credit card-savvy user and founder of TechnoFino … Read more

How does closing an old credit account affect your credit score? | Mint

by

Closing out old accounts of credit is a serious decision when it comes to your credit score, one that most people are unaware of. With so many Indian consumers looking for ways to mend their credit well-being, it is important to look at the effect closing out old accounts has. This particular write-up is dedicated … Read more

IndusInd Bank EazyDiner Credit Card: Is it the best dining credit card? Find out | Mint

by

Are you a food lover who prefers to dine out every weekend at the best restaurants to relish varieties of cuisine? What if you could save 25% on your food bill? Yes, the IndusInd Bank EazyDiner Credit Card offers you just that and a lot more. In this article, we will understand what is the … Read more

SBI and IDFC First Bank credit card users: Major changes coming April 1, 2025—What you need to know | Mint

by

As the new financial year sets in, a series of changes are going to take place for the credit card consumers in India, in particular the State Bank of India (SBI) and IDFC First Bank card consumers. Now, on and from April 1, 2025, important changes are going to strike reward points, free cover insurance, … Read more

Why did your credit score drop unexpectedly? Here’s how to recover fast | Mint

by

A sudden drop in your credit score can be a shock, especially when you do not know why this has occurred. For borrowers in India, a good credit score is the key to taking personal loans and credit cards at the minimum rate of interest possible. That is why knowing about your credit score drop … Read more

How to convert HDFC Bank credit card points into cash? A step-by-step guide | Mint

by

HDFC Bank has a highly rewarding credit card program where customers are rewarded with points on spends and the points can be redeemed for cash. Below is a step-by-step guide on how HDFC credit card points can be redeemed into cash, along with relevant information on the reward system. Online redemption process The easiest way … Read more

3 key strategies for managing credit—Insights into millennial habits | Mint

by

The economic growth of India heavily depends on the financial patterns of its millennial segment due to their large numerical dominance in both the population and workforce. As they gain independence they change their approach to credit borrowing by using digital flexibility to spend wisely and make proper financial decisions. This analyses both their borrowing … Read more