Some arrangements between card networks and issuers are 'not conducive' for customers, it says
With a joining fee of Rs 2,000, this card offers many benefits like free lounge access, cashback, and discounts on EaseMyTrip bookings. Recently, AU Bank also introduced the ixigo AU Bank Credit Card
RBI on Wednesday said issuers of credit cards shall not enter into any arrangement or agreement with card networks that restrain customers from availing the services of other networks
December saw highest addition of cards in 2023
Travel and e-commerce cards witness faster adoption
Sum insured should be equivalent to 10-15 times income and the cover should extend until financial liabilities have been settled
The retail loans growth decelerated to 18.6 per cent in November 2023 from 19.9 per cent a year ago due to moderation in credit growth to housing
It supports secure offline data transfer to enable contactless payments, and voice computing for voice payment experience, among other features
s cashback came out as an easy way to earn value-back, rewards credit cards also went through an overhaul to match up to the value potential of cashback cards.
Point of Sale (PoS) transactions increased to Rs 59,014.93 crore in November from Rs 57,774.35 crore in October
Even before applying for a credit card, you must know which type of card you want based on your lifestyle and spending behaviour. This allows you to align credit card perks with your spending pattern
Credit cards also appeat to be most dominant in West and South India as 75-80% of credit cards are issued in Western and Southern India.
One out of four purchases made during the Great Indian Festival sales, which kicked off on October 8, were through EMI and three out of four products were sold on no-cost EMIs, said Amazon
With benefits like complimentary memberships to luxury hotels, access to premium golf courses, VIP airport assistance, etc., these cards offer great value to those who lead a luxurious lifestyle
The iPhone maker, which offers a credit card and savings account with Goldman, recently sent a term sheet to the financial giant that would be a first step toward severing the contract
"Selecting the right cashback credit card can fetch substantial savings by providing value back on expenses, along with additional perks like complimentary memberships or free vouchers.
Cashback cards provide direct savings on your purchases by offering a percentage of the amount spent back as cash rewards. It's like getting a discount on every transaction.
You can receive the hiked petrol or diesel price as cashback by using a fuel credit card with a cashback feature.
The seamless and quick payment facility stands apart as a unique benefit while connecting a credit card to UPI. This also eliminates of the need to carry money or screen one's debit card balance
Personal loan and Credit Cards loan may become costly