Category: Credit Card

On Wednesday, the state cabinet of Bihar agreed upon the Student Credit Card Scheme (SCCS). This being one of the seven resolves ( Saat Nischay) of CM Nitish Kumar is touted to be one of his ambitious schemes. This was accompanied with the gazette notification of  the new Bihar Prohibition and Excise Bill 2016 to […]

Today, credit cards have become an integral part of our lives, almost acting like a lifestyle statement. One of the key reasons for the popularity of credit cards is the convenience that they provide – they come to our rescue in times of cash crunch by providing short term loans with a 40 to 50 […]

The rapid strides that technology is taking often come with its own share of positives and unique challenges. With e-commerce and online retail options aplenty, life has become easier for us as we can make several purchases just by swiping our credit or debit cards. However, using your credit cards for purchases at websites of […]

Mid-sized lender Yes Bank has named Amit Sanan, the new group president and country head of mid-corporate banking.   According to the bank, Amit would be responsible to drive growth of business in the key knowledge banking sectors apart from focusing on various digital banking solutions, cross sell and granular transaction banking. He would also […]

HDFC Bank is going to launch a co-branded card – Times Point Debit Card – in partnership with Times Internet, a part of Bennett, Coleman and Co. This card has the Concept of Times points, an online loyalty product with a customer base of over 18 million users. The range of services include: earning points […]

It is very common to find peo­ple with multiple credit cards. And why not? Every day we are bombarded with mailers, mes­sages and phone calls from credit card issuers citing various bene­fits of using their credit cards. However, there is a contrarian viewpoint that too many credit cards mean too many options to borrow money, […]

Many people desist from increasing their credit card limit fearing that they will end up spending beyond their means. However, increased credit card limit can have many upsides, provided you know how to manage your credit wisely. Let's look at some of the benefits of increasing your credit card limit: Reduces credit utilisation ratio: Credit utilisation […]

I am a 23-year-old moving to Mumbai for my first job. Since my starting salary isn’t very substantial, it has got me wondering about my financial situation. And, as I don’t want to borrow money from my parents, I am looking for an option that can serve as backup during emergencies and even support with […]

As the use of credit cards continue to grow among Indians especially the young generation, the danger of credit card information falling into the wrong hands. Through the use of simple precautionary steps like using a difficult password/using an OTP, ensuring that you use your credit card for online purchases at reliable merchant website,using secure […]

For those who are accustomed to swiping their credit cards at every turn, the thought of living without “plastic money” can be quite daunting even scary. Others are of the opinion that possessing a credit card can bring one a lot of temptation and result in poor expense choices. However, there are certain things which […]