The bank said for select products and vouchers, redemption of reward points will be capped at 70 per cent of the total value, but this is not applicable for Infina and Diners Black cards
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 cards: Avoid the minimum amount repayment trap
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
They are more valuable than those offered on an airline or hotel group