Page 4 - Credit Cards

Credit cards circulation increases by 18% to 103.3 million in May

Credit card spending in May 2024 increased by 17 per cent Y-o-Y to Rs 1.65 trillion from Rs 1.55 trillion in April 2024, rising by 6.45 per cent

All you should know about Adani One and ICICI Bank's co-branded credit card

The Adani Group enters retail finance with travel-focused credit cards via the Adani One app. Earn rewards, access airport lounges, and enjoy discounts with ICICI Bank and Visa.

Credit cards with the lowest foreign transaction fee for your trip abroad

Don't let hidden currency conversion fees eat into your travel budget! Learn how to avoid foreign transaction markup fees and keep more rupees in your pocket.

Banks seek delay on taxing overseas card spends: How 20% TCS impacts you

Indian banks are requesting more time to prepare for the new rule taxing international credit card transactions under the LRS scheme.

HDFC Bank, YES Bank and more: 4 credit card changes you need to know about

The recent credit card rule changes necessitate adjustments for cardholders.

How to use your credit card the right way and maximise rewards and waivers

Regular use of your credit card with timely bill payments enhances your credit history, leading to higher spending limits and attractive loan offers.

Looking for complimentary air tickets? These are top 5 credit cards for it

.If free tickets are offered on reaching spending milestones, you must consider whether you would be able to meet the spend thresholds to avail the benefit.

Getting a credit card is easy but closing it needs a checklist of tasks

Get a confirmation letter from issuer confirming closure, ensure it says you have no dues

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Stay invested even after lock-in ends to gain from compounding

YES Bank collaborates with ANQ to launch 2 co-branded credit cards Pi, Phi

YES Bank has partnered with Bengaluru-based financial services provider, ANQ, to unveil two co-branded credit cards -- Pi and Phi. The strategic partnership aims to bridge the gap between traditional banking and the fintech industry, offering innovative solutions to meet evolving consumer needs, a release said. The YES Bank-ANQ Pi credit card is a digital-only card that offers credit on UPI for domestic transactions, providing users with convenient and secure payment options. The credit card caters to both domestic and international purchases with its physical card format, offering users versatility in their spending options, the release said. YES Bank is a full-service commercial bank headquartered in Mumbai. ANQ is a digital banking platform that harnesses the power of decentralised Finance (DeFi) to deliver next-generation financial services.

Goldman Sachs in talks to transfer GM credit card partnership to Barclays

Goldman Sachs had planned to scrap its co-branded credit cards with GM last November

17,000 credit cards mapped to wrong users, no misuse reported: ICICI Bank

The second largest private sector lender, however, said that no instances of any misuse have been reported because of the error, and also promised to compensate users for any financial loss

Credit card spends rise 27% to Rs 18.26 trillion in FY24: RBI data

As of March, the outstanding number of credit cards in the system was 101 million, inching up from 100.60 million at the end of February 2024

Fintech major BharatPe launches an 'all-in-one' payment acceptance device

The device enables transactions via different methods such as point-of-sale (PoS), quick response (QR) code, tap-and-pay and traditional card payment options such as debit and credit cards

Credit card cash payments: 6 high-value transactions can get you I-T notice

Unusually high cash payments to credit cards over Rs 1 lakh or large debt repayments over Rs 10 lakh using cash might warrant investigation

Indians love UPI, credit cards, and these payment apps

According to a recent report by Worldline, a global leader in payment services, the Unified Payments Interface (UPI) continues to dominate India's digital payment scene. In the second half of 2023 >

Explained:The hidden costs of paying only the minimum on your credit card

Since only a small portion of your payment goes towards the principal balance, it takes much longer to pay off the debt completely.

Can credit card be used beyond sanctioned limit? All your queries answered

Usage of a credit card beyond the sanctioned credit limit (i.e., overlimit) requires prior explicit consent of the cardholder, as a fraud minimisation mechanism.

What should you do if a credit card is issued without your consent?

Unsolicited Credit Card is a credit card issued without a specific written/digital request or an application therefor.

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable

This tokenisable wearable, for both debit and credit cards, has been launched by Induslnd Bank in collaboration with Mastercardand can be purchased in the form of a ring, watch clasp, or stickers