In everyday life, we often use the terms credit score and credit report interchangeably to describe the evaluation issued by a credit bureau regarding our creditworthiness. While both serve as tools for lenders and financial institutions to assess an individualâs or businessâs creditworthiness, they refer to two distinct aspects of credit evaluation. A credit bureau…
The summer season is here. Many of you may be planning to head to the hill stations for a family vacation to escape the scorching heat. What if you could enjoy a free hotel stay with your credit card reward points? Some banks have partnered with frequent flyer programs (FFPs) of airlines and hotel loyalty…
Equitas Small Finance Bank (SFB), is one of the nation’s leading financial institutions. It has a market capitalisation of âš7397 crore. This bank provides several offers on a wide range of credit cards. These credit cards are designed to meet various financial needs and aspirations of credit card holders such as health expenses, education, home…
The travel and tourism industry has grown rapidly in the last few years. Taking note of the travel boom, some banks have partnered with airline and hotel programs to provide their credit cardholders with a reward points redemption option. Banks like HDFC Bank, Axis Bank, American Express, etc., have multiple airline and hotel transfer partners…
The problem of growing credit card debt is not limited to the general public. Even employees of the US federal government face the same issue â at least, that’s what DOGE, a government audit body reportedly conceived by Tesla and SpaceX CEO Elon Musk, has confirmed. Recently, the official social media handle of the Department…
Mastercard has partnered with City Union Bank (CUB) to roll out its first passion cards in India. Meant for cricket enthusiasts, the new cards are full of a host of exciting lifestyle and travel benefits. CUB has brought Chennai Super Kings (CSK) and Sunrisers Hyderabad (SRH) on board to enable fans to make the most…
Many Indians find themselves struggling to devise an investment plan and save money efficiently. This is happening in an era of global inflation, economic tariffs and disputes between nations all over the world. This is an era where financial stability is of paramount importance. Now, even after a cultural emphasis on saving and investing, several…
At the time of securing a credit card, it is common among users to choose the card which has tempting features for them. And as one would expect, these features are quite personalised. For some users, discounts on movie tickets are more important than free coupons on eating out, whereas for some users, freebies on…
India is a rapidly developing country. The financial landscape in the nation is continuously evolving and creating healthy ground for obtaining a credit card even without traditional income documentation. Now, irrespective of being a student, homemaker or freelancer there are several banks that provide for credit card options that donât require you to submit a…
As the Indian economy evolves and financial literacy grows among consumers, understanding what constitutes and constructs a good credit score has become immensely crucial. A credit score ranging between 300 and 900 is a numerical summary of an individualâs credit strength, his creditworthiness. This number is given by leading credit bureaus and is used by…
