Have you been planning to buy your dream phone or a refrigerator that you are eyeing for quite a long time? What if you can’t afford it now but don’t mind paying for over 6 months? Well, No Cost EMI or Zero Cost EMI offered by several banks via credit cards allows you to buy…
HSBC Smart Value Credit Card offers rewards, discounts and cashback on your purchases. This is a well-suited option for people who want to save money and earn rewards at the same time. Additionally, you can also earn gift vouchers and exclusive privileges at the time of joining.
The Reserve Bank of India (RBI) on April 21st issued some new guidelines to safeguard the interests of credit card customers, which will be effective from July 1st 2022. As per these directions, the Most Important Terms and Conditions (MITC) will now be more oriented towards illustrated examples, user-friendly clauses and signed agreements on revised changes in terms and conditions. Read on to know these new regulations related to Credit Card MITC. But before that, let us understand what a MITC document is.
A secured credit card, as the name suggests, is secured by collateral that the customer has placed with the bank in lieu of getting approval for his/her card. Such a credit card is one of the best options for people without a good credit score. This credit card is issued against fixed deposit and function in the same way as the regular/unsecured credit card. However, a secured credit card is issued by nearly all the credit card lenders, such as Visa, Mastercard, etc.
Premium credit cards are packed with huge benefits across categories but they also charge a high annual fee for it. So, before we go on and talk about the best premium credit cards in India from some of the leading issuers,
YES FIRST Exclusive Credit Card is a premium credit card and it was among the initial credit card offerings of the bank. With complimentary premium membership, this card is best suited for frequent travelers. Read the full review of YES FIRST Exclusive Credit Card here.