Credit Cards

Consumer Protection: Bank faces higher penalty for delayed card closure

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

New loans sourced in Q3FY26 rose 36% Y-o-Y to ₹20 trillion

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 spends dip slightly in January; issuances rise to 116.6 mn

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

Turn everyday spends into flights: Axis Bank IndiGo launch co-branded cards

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.

SBI Card Q3: Spends hold up as credit costs ease; analysts' views divided

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.

HDFC Infinia credit card trims voucher returns as 5X points drop to 3X

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

Trump's proposed credit card interest cap would hit $70 bn market for debt

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

Trump calls for one-year 10% cap on credit card rates amid cost pressure

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

Credit cards in 2025: Tax clarity, RBI rules and a shift in spending

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

Credit card spending moderates to ₹1.89 trillion in November 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

Top 5 luxury travel credit cards: What they offer, who should get them

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

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