Credit Card Charges

Credit card spending hits Rs 1.84 lakh cr in January 2025, up 14% on year

The average spending per card decreased slightly by 1% MoM to Rs 16,911, though it registered a marginal 1% YoY increase.

What is credit card swipe charge: How it impacts merchants and consumers

Consumers should be aware of how these charges shape product prices and payment options

SC ruling decoded: Banks can charge you more for late credit card payments

With the removal of the 30% cap, banks and financial institutions may have more flexibility in setting interest rates on late credit card payments.

New credit card rules & rewards this September: What you need to know

September brings new credit card rules: increased RuPay rewards, HDFC caps, IDFC payment changes, and RBI's network choice mandate. Here's all you need to know

SBI Card loses credit card market share in July; InCred retains 'Reduce'

InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.

HDFC Bank changes credit card rules from August 1: Check details

These updates will impact various types of transactions and fees for credit card holders

Things you must check in your credit card statement: Check details

A statement is made available by your credit card company once a month, shortly after your billing cycle ends

What are cashback credit cards? Which are the best ones? How to pick?

With a cashback card, you can get a direct value back on your credit card purchases.

Credit card dues up 30% in Apr; cross Rs 2 trillion mark for the first time

The Reserve Bank of India (RBI) has expressed its concern about the growing unsecured bank credit

Credit card spends dip in Feb but top Rs 1 trn for 12th straight month

February typically sees a slight dip in spends compared to other months because it has fewer days. In January, spends had touched Rs 1.26 trillion, the second highest figure ever

Maximise reward points by using the right card for your each spend

Beware that on some expenses you could be levied a fee for card usage

Want to close or cancel your credit card? Here's a step-by-step guide

When you are considering canceling a card, it should be taken into account how the cancellation of your credit card will affect your credit score

Credit card spends touch record high of Rs 1.22 trillion in September

Banking system saw a net reduction of close to 290,000 cards during this period, impacted by RBI norms warranting deactivation of cards that are inactive for a year

Active credit cards drop 2.3 million in August over new RBI norms

Spends decline 3% MoM but top Rs 1 trn for sixth consecutive month

The big plastic bonanza: Credit cards business is booming like never before

Defying the after-effects of pandemic-related pay cuts and job losses, the credit cards business is booming like never before

Growth in credit card spends is here to stay: Rama Mohan Rao Amara

Rama Mohan Rao Amara, MD & CEO, SBI Card spoke on the reasons behind record spends, the company's ideal run rate of issuance of credit cards, impact of RBI's discussion paper on payment charges.

Credit card spends touch all-time high of Rs 1.16 trillion in July

Spends have topped Rs 1 trillion level for five consecutive months now

Fintech firms seek six month-extension to comply with RBI credit line norms

RBI had barred the loading of prepaid payment instruments (PPIs) from credit lines

Align credit card perks with your spending behaviour, say experts

Paying hefty annual fee is justified if you can extract higher benefits from the card

As Covid-19 second wave wanes, credit card spending rises in India

HDFC Bank plans to aggressively issue cards after central bank withdraws ban, helping sector to make more gains.