Category: Credit Card

It is a long lasting debate whether Internet is a curse or a blessing. Although, there are a lot of advantages of having an internet connection but like a real world it’s also seeped in malice and deceit. Internet is a scary place, especially when we talk about financial scams that have been rising everyday...

Credit Card is one of the most important financial tools that helps in carrying out your daily transactions like paying utility bills, mobile bills, buying groceries and more. One of the important things to remember while using credit cards is to pay the outstanding dues on time. If in case you forget to pay the...

A credit card is a convenient financial tool to make instant purchases and pay for them later. However, there will be times when in some situations, repayment becomes difficult. In such circumstances, a balance transfer can be considered as an easy option to manage your credit card debt. But before you decide to opt for...

Credit card cash advance facility lets you withdraw money from an ATM or bank directly using your credit card. However, you should not ignore the fact that cash advance is an extremely expensive option. So, before you swipe your credit card at the nearest ATM, let us talk about the reasons behind why you shouldn’t...

Till a few years back, having money in your wallet simply meant that you were carrying around a stack of currency notes and coins. Fast forward to the present day and money in your pocket can mean something else entirely. This is due to the advent and acceptance of plastic money i.e. credit cards. In...

Your best friend is going through some financial troubles and has requested to borrow your credit card to purchase some essential items. What do you do? As a good friend, you would readily give your card to your friend. In another instance, suppose your brother wants to buy a pair of headphones but he cannot...

Indians are increasingly learning the art of travel. We have now been to exotic locations across the globe. As per a recent report, international travel has grown faster than domestic travel in India. Despite slower progress in economy and job market, Indians are not shying away from spending on international trips. This growth in the...

When you want to build your credit profile, the best thing to start with is a credit card. You need no credit history to apply for it and can use it to develop a good credit score for yourself. So if you are one of those who recently started using a credit card, the first thing…

The credit limit on your credit card is the maximum balance given to you by the issuer. By setting a credit limit, the bank controls your purchasing power with the card. At the same time, the set credit limit helps you maintain a good credit score. The credit utilization ratio, which is the ratio of...

As per an article by Business Today, during the first ten months of demonetisation – November 2016 to August 2017, the volume of mobile banking, mobile wallet and card (both debt and credit) transactions soared.   The volume of mobile wallet transactions went up from 537 million to 2,407 million, a whooping increase of 348%. […]