Page 6 - Credit Card
Why RBL Bank shares hit 52-week low, Bajaj Fin slid 1% in today's trade?
Following the development, RBL Bank informed that co-brand cards issued to date will continue to operate as usual without any change
 "Why RBL Bank shares hit 52-week low, Bajaj Fin slid 1% in today's trade?")
Bajaj Fin exits co-branded credit card biz, ends tieup with DBS India, RBL
RBI restricted co-brand partners' role to distribution only
 "Bajaj Fin exits co-branded credit card biz, ends tieup with DBS India, RBL")
Credit card spends rise 14.5% in October on festive season purchases
Net addition in cards in October stood at 786,337
 "Credit card spends rise 14.5% in October on festive season purchases")
Funding medical emergencies: Use credit cards and loans wisely, build fund
In India, out-of-pocket medical expenses are high. Many patients don't have a medical cover, while others have an inadequate amount
 "Funding medical emergencies: Use credit cards and loans wisely, build fund")
85% of credit card users in India shop online during festive season: Survey
The surge in online shopping is linked to the range of discounts and special offers provided by e-commerce firms during the festive sales
 "85% of credit card users in India shop online during festive season: Survey")
How changing your credit card billing cycle can help in better cash flow
A billing cycle that aligns with your financial inflow can simplify budgeting. You can plan your expenses more effectively when you know exactly when your credit card payments will be due
 "How changing your credit card billing cycle can help in better cash flow")
How changing your credit card billing cycle can help in better cash flow
A billing cycle that aligns with your financial inflow can simplify budgeting. You can plan your expenses more effectively when you know exactly when your credit card payments will be due
 "How changing your credit card billing cycle can help in better cash flow")
Credit card rewards, benefits cut: What options do customers have?
RBI has established guidelines for banks issuing credit cards, to protect customers when terms change
 "Credit card rewards, benefits cut: What options do customers have?")
Improve score, opt for secured credit card to tackle squeeze in issuances
If you are finding it hard to get a personal loan, try to get a collateral-based one
 "Improve score, opt for secured credit card to tackle squeeze in issuances")
Save more on fuel with rewards, discounts with these 5 credit cards
Apart from offers and benefits on your fuel expenses, cards provide offers in dining, shopping and entertainment
YES Bank, ICICI update credit card rewards: More spending, fewer benefits
From December 1, YES Bank will cap YES Rewardz points on flights and hotel bookings. ICICI Bank will raise lounge access spend requirements from November 15
Banks curb credit card issuance as delinquencies rise this festival season
Amid rising delinquencies, banks are slowing down on new credit card issuances this festive season; lenders are cautious due to increased default rates in unsecured lending
Guruji student credit card scheme fails to take off in Jharkhand
Under the scheme, a loan of up to Rs 15 lakh will be given at an interest rate of only 4 per cent with a condition to repay in 15 years
 "Guruji student credit card scheme fails to take off in Jharkhand")
Credit cards get a festive boost, spending increases 25% in September
Experts attributed the healthy growth to festive demand and the base effect
RBL Bank, Mahindra Finance get RBI nod to launch co-branded credit cards
Non-bank lender Mahindra Finance on Monday announced that it will be launching a co-branded credit card with RBL Bank. Mahindra Finance said it has received the RBI nod for launching the offering. Managing Director and chief executive Raul Rebello said the offering will be designed to help meet its customers' aspirational needs. The announcement comes amid heightened concerns about the credit card portfolios, and also regulatory attempts to disincentivise growth in such riskier assets. A Mahindra group entity has 3.53 per cent "strategic" stake in RBL Bank which was bought for Rs 417 crore, while RBL Bank is attempting to decrease its reliance on Bajaj Finance to distribute credit cards. Rebello said this will be a maiden co-branded credit card offering for Mahindra Finance and that there are significant synergies between the company and the bank. "Our aim is to provide a one-stop solution that offers unmatched benefits across a wide range of categories," RBL Bank's executive dire
 "RBL Bank, Mahindra Finance get RBI nod to launch co-branded credit cards")
How are credit card rewards programs different from loyalty programs?
Both credit card rewards programs and loyalty programs aim to incentivize consumer behaviour, they do so through different mechanisms and with varying goals
PNB credit card offers discounts and cash backs for festival season
Cardholders may get discounts on consumer durables, travel bookings, eating out, food and grocery deliveries
 "PNB credit card offers discounts and cash backs for festival season")
Goldman, Apple to pay $89 mn following CFPB probe of credit card JV
"Apple and Goldman Sachs illegally sidestepped their legal obligations for Apple Card borrowers," CFPB Director Rohit Chopra said in the statement
 "Goldman, Apple to pay $89 mn following CFPB probe of credit card JV")
Save up to Rs 1 lakh! Credit cards offer festive discounts and deals
BOBCARD's festive offers span e-commerce platforms, electronics, travel, and grocery shopping
Tata Digital launches life insurance products on Tata Neu with Tata AIA
Like in other offerings, customers buying insurance products will also earn NeuCoins, which can then be redeemed across the Tata ecosystem
 "Tata Digital launches life insurance products on Tata Neu with Tata AIA")