Page 2 - Credit Cards

UPI-enabled credit cards see 20% monthly growth, users avg 40 transactions

This growth aligns with a broader trend in transactions processed through UPI on RuPay credit cards

Fixed deposit-backed RuPay virtual Credit Card for first time users is here

Customers who back their credit card with a fixed deposit will earn an interest rate of 7.25% on a 1-year FD, combining the benefits of both credit access and interest income.

Apple may replace Goldman with Barclays, Synchrony for credit card deal

Negotiations between Apple and Barclays have been ongoing for several months, but it may still take months to strike a deal

Paying rent with credit cards? Convenience versus costs & risks

By paying rent with a credit card, you can accumulate rewards, which can be redeemed for various benefits like travel, shopping, or bill payments

Most popular invite-only credit cards for HNIs: Exclusive rewards, benefits

Invite-only credit cards are different from regular credit cards in several key ways. They are typically offered to individuals with a substantial relationship with the bank

Why only paying the minimum due on credit card may not be a wise move?

The minimum amount due on credit cards represents a small portion of the total outstanding bill, typically ranging between 5 to 10 per cent

SBI Card surpasses milestone of 20 million credit cards in circulation

According to a press release by SBI Card, it achieved the milestone of 20 million credit cards in force, having started its credit card business in 1998

Credit card changes in December: Check out Axis Bank, YES Bank, SBI updates

Credit card updates relate to reward point structures, fees, and payment conditions, impacting various customer categories

We want to create an all-weather franchise: Axis Bank's Amitabh Chaudhry

''Our ambition at that time was to become the number one player in our identified areas of businesses''

RBL Bank and Bajaj Finance end co-branded credit cards partnership

RBL Bank partnered with Bajaj Finance in 2016 to issue co-branded credit cards for a period of five years. The partnership was renewed for another five years in 2021

HSBC pulling back from China credit card biz after struggling to expand

HSBC has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers

December 2024: Aadhaar, credit cards, FDs-financial changes to keep in mind

From Aadhaar updates to changes in credit card rewards and stricter rules for OTP traceability, here's what you need to know

Cashback credit cards: What are they and how do they work?

The allure of earning cash back might tempt some consumers to spend more than they normally would, leading to potential debt issues

Is it possible to invest in stocks using a credit card?

Using borrowed funds, like cash withdrawal from credit cards or personal loans, to invest can lead to severe financial consequences due to high-interest rates and market volatility

Train tickets, credit cards, & more: 5 key financial changes in November

From money transfers to train bookings, and credit card rewards, updates from RBI, Indian Railways, ICICI Bank, and Trai have taken effect in November. Here's how it may affect your wallet

Marriott Bonvoy HDFC Bank Credit Card: 5 times reward points on every spend

Enjoy 5X points on your favourite categories - hotels, travel, dining, and entertainment. Offer valid till 30 November

Travel tip: Use prepaid forex card when abroad, avoid currency fluctuations

Avoid dynamic currency conversion by paying in the local currency instead of Indian rupees

Data shows Indians prefer credit over debit for high-value transactions

The average ticket size (ATS) for all cards in the first half of 2024 was Rs 2629, a 2% increase from the first half of 2023.

Perks galore: Amex Platinum Card gets luxe upgrade, fees hiked to Rs 77,880

With new enhancements and existing exclusive features, the Platinum Card now provides a cumulative value of over Rs 450,000 annually including an incremental value of over Rs 1,40,000.

Festival spending: Maximise rewards with right cards, stick to planned buys

While credit cards have become the preferred payment option for many, this has also raised concerns about overleveraged, particularly during the festive season