No-cost EMI facility on credit cards is gaining traction in India, especially during the festival season. In this, customers can buy premium products and pay for the amount in easy and convenient monthly instalments without incurring any extra burden of interest. This provides an opportunity to facilitate easy and seamless buying through credit card users…
The increasing use of credit cards are a part and parcel of life now-a-days with the advantage of rewards, cashbacks etc., for everyday purchases. Credit cards, however, have a hidden psychological trick attached, which eventually, leads you to over-spend. You can manage your finances better if you understand the psychology of spending with a credit…
The rule of 72 tells you how long it takes to double the money at the current interest rate. This is quite a valuable and insightful metric which tells you the time period during which you can increase your investment by 100 percent. Importantly, this also tells you the tenure during which yourĀ credit card debt…
Credit card frauds are on the rise in India, and most of them are happening through internet transactions. Rapid digitalization of payment services is also a crucial factor facilitating: credit card scams, loss of funds and identity thefts through numerous fraudulent transactions. There are some legal rights of the Indian citizens to protect them from…
Recently, Rattan Dhillon of Chandigarh, a State Bank of India (SBI) credit cardholder, brought to light an aggressive recovery message he had received from an SBI agent for a minor unpaid credit card balance on social media platform X. Dhillon called the agent’s conduct intolerable and urged the bank to extend an apology. Claims made…
Online shopping has become a convenient way to make purchases at the ease of your home. With credit cards you can make transactions easily without spending immediate cash. The card issuer pays on your behalf while you do not have to worry about repaying until the next bill due date. If you are planning to…
Credit cards have become a popular choice for people due to its convenience in usage as well as the benefits it provides. With credit cards you can easily make online payments without worrying about spending cash immediately. The Flipkart Axis Bank credit card is a co-branded credit card offered by Axis Bank and Flipkart which…
A high credit score offers much more than numerical value because it functions as a gate to better financial prospects together with financial independence. Credit scores determine approval rates on loans together with interest rates and prices of property rentals and potential job availability. Acquire financial stability by understanding the fundamental procedures which will help…
Credit cards can be a convenient way of acquiring money, with the possibility of paying for things in a while. This instrument of payment comes in handy when one is short of cash. But if used in a careless manner, they can lead you to debt and financial ruin. Here are five ways to use…
PhonePe recently announced that it will tokenise debit andĀ credit card details for users on its app, thus enabling secure and safe digital transactions. This means users do not need to save their card details such as card number, CVV on theĀ PhonePe app to carry out transactions via this UPI (Unified Payments Interface) platform. This service…
