If you have not used one of your credit cards for quite some time, the thought of closing it must have crossed your mind. However, when it comes to personal finance, the seemingly practical option may not always be the right one. Cancelling a credit card may hurt your credit score; this is why a…
Co-branded credit cards are the ones that are launched in collaboration with well-known brands and offer extra benefits when users avail the products or services of the associated brands. It started as a rage in the US when banks started launching cards in association with airline brands and hotel chains; lifestyle and departmental stores soon…
Credit cards can be great for making purchases and earning potential rewards. At the same time, it also helps in building your credit history. However, there is no such thing as ‘free credit card’. Being a type of borrowing, credit cards also come with various terms and conditions. Most of the users only look at…
Credit cards can be a big help for everyone but they have really come as a rescue for frequent travellers. Airport lounge access can help them save a lot on their overall travel expenditure. A number of premium and super-premium credit cards are available in the market that not only offer complimentary airport lounge access…
Applying for a credit card without proper deliberation may result in rejection of credit card application. Some of the significant reasons for denial are lack of credit history, several loans and cards, irregular past payment and unstable future income. Read further to find out the possible reasons of your credit card rejection and how can…
Paying a huge annual fee on your credit card is worth it only if you get substantial rewards in return. Otherwise, credit cards with no annual fee offer better value and more benefits in the long run. You can keep such credit cards open without incurring any extra cost. Also, if you do minimal spending…
Cashback is one of the hottest trends nowadays, especially among online wallets. But did you know that credit cards have been offering this benefit, since the beginning? While only a few credit cards in India offer direct cashback, a number of them provide the facility of easily converting reward points into statement cash credit. The […]
Several credit card holders in India are not happy with the card they own and hence they keep switching from one card to another. Finding the right credit card is not just about rewards and benefits; a number of other factors should also be taken into consideration. One of these factors is your income. So,…
Add-on credit cards, also known as supplementary credit cards, can be taken by a primary card holder to pass the privilege on to his/her family members like parents, spouse or children above the age of 18. Most of the banks offer add-on credit cards for free but only a handful of people actually avail this…
Credit card is a great addition to your wallet, but only when you responsibly manage all your credit card accounts. Spending more than what you can afford to pay back can pull you into a debt trap and drop your credit score. And when you are stuck in a huge credit card debt, coming out…