Credit Cards

The Karnataka State Commission questioned why bank had failed to close the card in 2010, and had raised a demand after seven years

Experian report shows strong rebound in secured lending, while unsecured loans recover from last year's decline; average ticket sizes rise across segments

Credit card spending eased to Rs 2 trillion in January after festive highs, though outstanding cards rose to 116.65 million as issuers recalibrated amid tighter norms and shifting customer profiles

The cards, available in two variants - IndiGo Axis Bank Credit Card and IndiGo Axis Bank Premium Credit Card, have been thoughtfully crafted to reward spenders through IndiGo's loyalty program.

Emkay Global Financial Services highlighted that while overall CIF and assets under management (AUM) growth remained soft, mirroring broader industry trends, spending momentum was robust.

Users of premium card face a sharp dip in loyalty value as company slashes accelerated rewards on its popular lifestyle voucher portal

Credit card debt has already declined as a share of the overall ABS market, making up 9 per cent of total issuance compared with 36 per cent at its peak in 2009, according to data from Morgan Stanley

The US president said the proposed cap, set to begin on January 20, would stop excessive charges by card issuers, though details on enforcement and industry compliance remain unclear

From festive splurges to planned spends, how card usage evolved in 2025

After crossing Rs 2 trillion in September and October, credit card spending eased to Rs 1.89 trillion in November 2025, with major issuers reporting month-on-month declines

Luxury travel credit cards offer elite benefits such as global lounge access, low foreign exchange fees, and high-end concierge services to clients who want seamless mobility & experiential privileges

Discover how using the right credit card can get you the best value for essential goods and services

The report also highlighted that private sector banks continue to dominate the credit card segment, focusing on digital and co-branded offerings for customers

Step-by-step guide to protecting your money from fraudulent charges

Check whether reward points are easy to redeem, their expiry conditions, and brand-specific limits

ICICI Bank and Amazon Pay have extended their co-branded credit card partnership for seven years, lowering forex markup and continuing unlimited cashback rewards

An important factor contributing to this uptrend in India, GlobalData believes, is the availability of installment facilities

With the new PhonePe SBI Card, customers can earn reward points on various everyday transactions, including groceries, bill payments, travel bookings, utility payments, insurance premium payments.

Among the self-employed earning under ₹50,000/month, 85% use credit cards, while BNPL usage is also significant-18% among the self-employed and 15% among salaried users.

Home loan originations slowed down to 2.7 per cent in FY25, compared to 9.9 per cent in the previous year due to higher property prices and macroeconomic challenges