Credit Cards

Maximise your savings: Top 5 credit cards to make the most of GST 2.0

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

Credit card transactions surge, but debit card transactions decline: RBI

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

Lost money in a credit card fraud? How to raise a dispute and recover it

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

Co-branded credit cards: Make sure your annual spend justifies the fee

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

ICICI Bank, Amazon Pay renew partnership for co-branded credit cards

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

India credit, charge card payment market to cross $300bn in 2025: Report

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

New PhonePe SBI Card offer up to 10% back on groceries, bills, travel

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.

Borrowing to survive: 93% of India's under ₹50K earners turn to cards, BNPL

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.

Retail loan origination slows down in FY25 amid multiple headwinds

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

AU Small Finance Bank appoints two independent directors, senior executives

AU Small Finance Bank on Wednesday said it has appointed two independent directors and a number of senior executives across verticals. The two independent directors are Nandkumar Saravade - a former IPS officer and an expert in cyber security, fraud risk and regulatory technology- and Jagajit Mangal Prasad, having an experience of over three decades in human capital strategy. Besides, the bank has appointed Yogesh Jain as Chief Operating Officer, Vivek Tripathi as Chief Credit Officer and Dhavan Shah as Head (Commercial Banking). Avinash Sharan has been elevated to Head (Branch Banking) and Arvind Butola as National Business Head (Credit Cards & Unsecured Loans), the bank said in a statement. "New appointments and our senior leaders stepping into enhanced roles, reflecting our readiness to serve a more diverse India, to manage scale with sustainability, and to create enduring value through 'samajhdaari', 'imaandaari' and 'zimmedaari'," Sanjay Agarwal , Founder, MD & CEO, AU ...

The credit card reward mirage: High earn rates, low real returns

'It's not how many points you earn, but what they're worth,' says Adhil Shetty, 'as flashy reward rates often hide poor rupee conversion value.'

New HDFC credit card rule: Lounge access only if you spend this much

Customers will from June 10 not be able to access airport lounges by swiping their cards

Health meets rewards: Apollo SBI Card Select offers big healthcare perks

Co-branded credit cards from SBI Card and Apollo HealthCo will give benefits in pharmacy purchases, wellness programmes

Optimise credit card rewards by picking high-value redemption option

"They swipe the same card for every transaction, regardless of whether it offers optimal rewards for that category," says Adhil Shetty, chief executive officer (CEO), Bankbazaar.com

One-third of digital payments in 2024 are driven by credit use: Report

Nearly one-third of all domestic digital payment transactions in 2024 were credit-driven, facilitated through credit cards or interest-bearing EMIs, according to a report. According to a report by digital payments fintech Phi Commerce, UPI has become a transformational product in digital payments responsible for 65 per cent of total transactions. While UPI dominates small and mid-value transactions, credit cards and EMIs (equated monthly instalments) are increasingly used for big-ticket purchases, with education, healthcare, and auto ancillary sectors seeing strong growth in digital credit adoption, the report said. Festive shopping, school admissions, and seasonal trends drive spikes in credit usage, showing that consumers rely on short-term credit for high-spend periods, it said. The report is based on analysed transaction data from over 20,000 merchants across the country. As UPI and flexible credit options become mainstream, the future belongs to those who leverage these tools

Chicken burger on EMIs? Buy now, pay later signals a global debt crisis

From Malaysia's chicken burgers on credit to the US' DoorDash EMIs, Buy Now, Pay Later is creeping into daily essentials, raising alarms over rising household debt and a worsening global cash crunch

Cred detected Rs 11K crore in credit card hidden charges: Kunal Shah

Credit score was never designed to be a consumer product, instead it was made for banks to be able to lend without having to worry about the customer's behaviour, Kunal Shah said

PhonePe launches device tokenisation for credit and debit card transactions

This is a first among companies that have decided to offer direct solutions to customers without requiring a merchant's reliance on third-party payment orchestration platforms

CIBIL flags risks of stress spreading from unsecured to secured loans

Rising delinquencies in consumption-led loans come amid credit slowdown

Forum to fight for retail consumers is critical: FREED's Ritesh Srivastava

With the RBI's intervention by way of risk weighting, retail credit growth has slowed down to around 16.3 per cent year-on-year as of late November 2024