Credit Card

Your credit card may already offer airport lounge access, but factors like spend-based eligibility, limited complimentary visits or network restrictions can sometimes limit when you can use it. PB Pass by Paisabazaar offers eligible users an additional opportunity to enjoy a complimentary airport lounge experience through the LoungeKey network of 1,800+ lounges and travel experiences across 850+ domestic and international airports.

Ways to Get Your PB Pass

• Assured PB Pass

Step 1: Apply for a new credit card through Paisabazaar.
Step 2: Activate the card and pay its bill through the Paisabazaar app.

OR

• Chance to Win PB Pass

Step 1: Pay any credit card bill through the Paisabazaar app.
Step 2: Participate in the monthly Spin the Wheel contest.

How to Use PB Pass for Your Free Lounge Visit?

Once you get a PB Pass, generate your QR code via the Paisabazaar app, use the PB Pass Lounge Finder to locate eligible lounges as per your city and country of choice, and present your QR code along with your same-day boarding pass and a valid government-issued ID at the lounge for your eligibility and identity verification.

Unlock Your PB Pass Today!

Pay your balance in full and on time

The most important rule of credit card usage is to pay your balance in full before the due date to avoid interest and protect your credit score. If you cannot make the full payment, try to pay more than the minimum, which can reduce the interest charges.

Convert large purchases into EMIs

If you make a large purchase, consider converting it to EMIs, which usually come with a lower interest rate than the standard credit card rate. This way, you can manage the entire expense in smaller and more manageable payments over time.

Avoid cash withdrawals with your credit card

Cash advances do not offer an interest-free period; instead, interest is levied as soon as you withdraw cash. These charges can quickly accumulate debt, so use cash withdrawals only as a last resort.

Keep track of your spending

Monitor your spending to stay within your credit limit and avoid building up a difficult-to-manage balance. Check all SMS alerts and your bank statements carefully about credit card transactions. Besides this, you should also check your credit report at regular intervals to notice and rectify any errors.

Do not apply for multiple credit cards at a time

Applying for too many cards at once can make you look credit-hungry and lower your credit score due to multiple hard inquiries. While a single inquiry may not have significant consequences, multiple inquiries within a short period can negatively impact your credit score. Hence, apply only for cards that truly meet your needs and spending habits.

Here are some do’s and don’ts for using your credit cards wisely:

ICICI Bank Introduces 1838 Reserve Credit Card with Premium Travel and Lifestyle Benefits

22 October 2026

ICICI Bank has introduced the 1838 Reserve Credit Card, a super-premium, invite-only credit card designed for affluent consumers seeking exclusive travel and lifestyle benefits. The card offers benefits such as zero forex mark-up, airport services, Accor+ Explorer membership, privileges at ITC Hotels, access to The Quorum Club and concierge services. With a first-year fee of Rs. 1.75 lakh plus applicable taxes, the card caters to consumers looking for premium hospitality, travel and lifestyle experiences.

SBI Card Partners with Eternal to Launch Eternal SBI Credit Card

15 October 2026

SBI Card has partnered with Eternal Limited, formerly known as Zomato Limited, to introduce the Eternal SBI Credit Card. Available on RuPay and Mastercard networks, the card offers up to 10% instant discounts across Zomato, Blinkit, District and Bistro, along with 5% cashback on eligible spends at partner platforms such as Uber, Urban Company, Ixigo and Apollo 24|7. Cardholders also receive a complimentary 6 month Zomato Gold membership on activation and a buy-one-get-one-free movie ticket benefit through District.

Apple Pay Launches in India with Axis Bank Credit Cards

30 September 2026

Apple Pay is now officially available in India, with Axis Bank becoming the first Indian bank to support the service. Eligible Axis Bank Visa and Mastercard credit cardholders can add their cards to Apple Wallet and use Apple Pay for payments at supported stores, apps and websites through compatible Apple devices. Consumers can learn more about Apple Pay on Axis Bank credit cards, including eligible cards, setup steps and how to make payments using Apple Pay.

Federal Bank and Paisabazaar Launch Paisaback Credit Card with Cashback on Everyday Spends

11 September 2026

Federal Bank and Paisabazaar have introduced the Paisabazaar Paisaback Credit Card, a RuPay credit card focused on cashback savings across everyday expenses. The card offers 7.5% cashback on eligible online grocery spends, 1% cashback on other eligible online and offline transactions, and 0.5% cashback on eligible UPI transactions above Rs. 2,000. Cashback is credited as CashPoints, with each CashPoint worth Rs. 1 and monthly earnings capped at 1,000 CashPoints.

IDFC FIRST Announces Zero Forex Mark-up on Its Credit Cards, Effective 09 Sep 2026

09 September 2026

IDFC FIRST Bank has announced zero forex mark-up on all its credit cards from September 9, 2026, reducing the additional cost applicable to foreign currency transactions for both existing and new cardholders. However, from October 26, 2026, most IDFC FIRST credit cards covered under the update will no longer earn reward points on international spends while still offering zero forex mark-up. Notably, exceptions like IDFC FIRST Ashva, IndiGo, Mayura, FIRST Private, FIRST WOW!, FIRST WOW! Black and Gaj: will continue to offer rewards on such transactions. Click here to know more about this update.

Bandhan Bank Launches Four New Credit Cards – Sparks, Ignite, Flare and Lumina

08 September 2026

Bandhan Bank has entered the credit card segment with the launch of four new credit cards—Sparks, Ignite, Flare and Lumina. The new portfolio caters to different customer segments, including millennials, emerging affluent customers, frequent travellers and premium lifestyle consumers. The cards offer benefits across rewards, travel, lifestyle and everyday spending categories.

Axis Bank Revises Late Payment Charges and DCC Markup on Credit Cards

28 August 2026

Axis Bank has revised certain charges applicable to its credit cards, effective 28 August 2026. The Dynamic Currency Conversion (DCC) markup has been increased from 1.5% to 3.5% for several cards, while the revised late payment fee for outstanding balances of Rs. 50,000 and above is Rs. 1,300. Late payment charges for outstanding balances below Rs. 50,000 remain unchanged.

Paisabazaar Introduces Unlimited Airport Lounge Access via PB Pass

27 August 2026

Paisabazaar is offering unlimited airport lounge access through PB Pass for a limited period to eligible customers, effective 27 August 2026 onwards. The offer is applicable to customers who get a new credit card through Paisabazaar and complete the required bill payment during the offer period. Under this offer, eligible customers can use their PB Pass for unlimited airport lounge access for a year, thus providing greater flexibility for frequent travellers. The offer is available for a limited time and is subject to the applicable terms and conditions.

Credit and debit cards may look similar and sometimes offer similar benefits, but they function differently. Here’s a detailed comparison to help you understand the key differences:

Credit card fees and charges can vary based on the card type and issuer. Some charges, like joining or annual fees, are required to keep your card active, while others - such as finance charges, cash withdrawal fees, and late payment fees - apply depending on your card usage. Here’s a look at some common charges:

Credit Card Interest Rate

Credit card issuers charge an interest rate, also known as finance charges, which is levied in case of late payments or defaults. While the interest rate varies from card to card, it typically ranges between 9% p.a. and 52.86% p.a.

Unlike other card charges, such as joining or annual fees, the interest rate is usage-based and is applied to the outstanding amount whenever you fail to pay your credit card bill in full. Interest is also charged when you make only the minimum due payment. Whenever you carry forward the remaining balance to the next billing cycle, the interest is levied on both the outstanding amount and new purchases from the date of transaction.

Choosing the right credit card is subjective based on your profile and requirements. To make a wise choice, here are some suggestions:

Identify your preferred spending category

There are different types of credit cards, such as travel, shopping, dining, etc. To maximize the benefits of a credit card, you should analyze your shopping habits. The best credit card for you would be one that fulfills your core needs. For instance, if you frequently travel, choosing a credit card that offers accelerated benefits on travel spends would be beneficial for you.

Shortlist cards based on your eligibility 

Once you've identified your shopping pattern, start by shortlisting the cards based on eligibility. Understand your credit profile & find out the cards you may be eligible for. To do so, you can also check your eligibility at Paisabazaar for pre-qualified card offers.

Evaluate features & benefits

After shortlisting the preferred credit cards, the hardest part is to decide which credit card to choose. To find the right card, you must evaluate all the features and benefits of the respective card and choose the one that fits your needs and complements your budget.

Read the fine print

Once you’ve decided which card to apply for, review all the related fees & charges associated with the card. Analyze whether you will be able to pay the associated fees. Apart from the annual fee, also check for other related charges, like interest rates, late payment fees, etc., to make an informed decision.

While the eligibility criteria may differ across issuers and cards, some general requirements are:

• Age: Minimum 18 years
• Credit Score: Preferably 700 and above
• Employment Type: Salaried or Self-employed

To process your credit card application, you need to submit the following proofs:

• Identity & Signature Proof
• Address Proof
• Age Proof
• Income proof

Some common documents are PAN card, Aadhar card, employee identity card (in case of Government employees), bank statement, salary slips,  rent agreement, or utility bills. For self-employed applicants, income proof requirements may vary. You need to submit ITR documents, Form 16, etc.

Note: Document requirements may vary.

RuPay Credit Cards on UPI

RuPay is a domestic card payment network and currently the only one offering credit card benefits on UPI transactions. In June 2022, RBI allowed the linking of RuPay credit cards to UPI apps, enabling quick payments while earning benefits on UPI spends. Initially, only a few credit cards were available on the RuPay network. However, most card issuers, including HDFC Bank, SBI Card, Axis Bank, ICICI Bank, and more, now offer RuPay variants of their existing cards or are launching new cards on the RuPay network. Additionally, while some cards—such as HDFC UPI RuPay Credit Card—are designed for UPI transactions and offer accelerated rewards on UPI spends, other RuPay credit cards offer a base reward rate or cashback on UPI payments.

Secured Credit Cards:  A Smart Way to Build Credit

Most credit card issuers prefer applicants with a good credit score (preferably above 750). While some issuers offer entry-level credit cards for new-to-credit individuals, getting approval can still be challenging. If you’re struggling to get a credit card and want to start your credit journey, you can consider applying for a secured credit card.

Secured credit cards are issued against collateral, such as a fixed deposit. These cards function just like regular credit cards but usually come with basic benefits. The credit limit is assigned as per the fixed deposit’s value. Even students and unemployed individuals can apply for secured credit cards, making them a great option for building credit.

You can use secured credit cards for both online and offline transactions, just like a regular credit card. By paying bills on time, they can help you build a strong credit profile. In case of any default payments, the outstanding amount is recovered from the fixed deposit.

Instant Virtual Credit Cards in India

Virtual credit cards are digital versions of physical credit cards and work just like regular ones. With virtual cards, you can make online transactions and earn benefits such as rewards or cashback on your spends. A virtual credit card is issued electronically, and all essential details—such as the card number, CVV, and validity—are accessible through your credit card issuer’s mobile app or website. While physical credit cards are usually delivered within 2–4 working days after approval, virtual credit cards are typically issued instantly. They often come with relaxed eligibility criteria, making them a convenient option, especially for new-to-credit consumers.

Using a credit card responsibly can help you build and improve your credit score. Whether you're starting from scratch or looking to improve your existing score, here are some effective ways to strengthen your credit profile through credit cards:

When you use a credit card and pay your dues on time, it shows your ability to manage credit effectively. Late payments not only attract high interest charges but can also significantly damage your credit score. Since credit bureaus give maximum weightage to repayment history while calculating your credit score, making timely payments can have a positive impact on your score over time.

Another important factor is your credit utilization ratio (CUR)—the percentage of your available credit limit that you’re using. While having a higher CUR and paying the entire bill may not affect your score drastically, maintaining a high CUR for a longer period of time can harm your credit score. Keeping this ratio low shows issuers that you're not overly dependent on credit and can manage your finances well.