You may think that just because you did not activate the card, it would cause no harm to your finances. But you must note that even if you did not activate the card, your credit card account is still open. If it carries any annual fee, you will have to pay the same. However, if the card is free, you can keep the account open and not use the card as the unused credit limit will improve your credit score.
Women love to shop and to fuel their obsession the banks have introduced credit cards that are exclusively designed for shopping. These cards come with various benefits such as reward points, cashback, shopping vouchers, etc. HDFC Solitaire Credit Card and Kotak Silk Inspire Platinum Credit Card are the best credit cards for women that offer huge discounts. Further details are mentioned in this article.
A new and optional income tax regime was announced in Union Budget 2020. Under this new regime, the income tax slab rates have been significantly reduced. However, the concessional slab rates come at the cost of traditional income tax deductions that can be claimed under the old (existing) tax regime. As things stand right now,…
