Page 2 - Credit Card Charges
The big plastic bonanza: Credit cards business is booming like never before
Defying the after-effects of pandemic-related pay cuts and job losses, the credit cards business is booming like never before
 "The big plastic bonanza: Credit cards business is booming like never before")
Growth in credit card spends is here to stay: Rama Mohan Rao Amara
Rama Mohan Rao Amara, MD & CEO, SBI Card spoke on the reasons behind record spends, the company's ideal run rate of issuance of credit cards, impact of RBI's discussion paper on payment charges.
 "Growth in credit card spends is here to stay: Rama Mohan Rao Amara")
Credit card spends touch all-time high of Rs 1.16 trillion in July
Spends have topped Rs 1 trillion level for five consecutive months now
 "Credit card spends touch all-time high of Rs 1.16 trillion in July")
Fintech firms seek six month-extension to comply with RBI credit line norms
RBI had barred the loading of prepaid payment instruments (PPIs) from credit lines
 "Fintech firms seek six month-extension to comply with RBI credit line norms")
Align credit card perks with your spending behaviour, say experts
Paying hefty annual fee is justified if you can extract higher benefits from the card
 "Align credit card perks with your spending behaviour, say experts")
As Covid-19 second wave wanes, credit card spending rises in India
HDFC Bank plans to aggressively issue cards after central bank withdraws ban, helping sector to make more gains.
Delinquencies in the credit card industry improved by 5 bps in 2019
Private banks put up a better show than other card financiers
Don't fall prey to impulse purchases
A credit card does have some virtues; it can be beneficial in an emergency
Credit card spend expected to grow to Rs 15 trillion by FY24: Report
Moreover, the number of credit cards outstanding is also projected to grow at fast pace of 23 per cent CAGR in the next five years
 "Credit card spend expected to grow to Rs 15 trillion by FY24: Report")
Use credit cards as convenient means to pay, not as instruments to borrow
Credit cards: Avoid the minimum amount repayment trap
Credit card dues bogging you down? Here are five ways to get rid of them
Yes, you will have to take some kind of loan, but it's better than paying usurious charges
Ask AI: Lenders bring in machines to rate credit risk of customers
The race to offer loans to customers who do not have any collateral to offer has prompted innovators to look at new sources of data on them
 "Ask AI: Lenders bring in machines to rate credit risk of customers")
A snapshot of charges associated with credit cards of different banks
Here's how the charges and features of credit cards by different banks stack up