By improving credit scores, negotiating better terms, and utilising smart payment strategies, you can significantly reduce credit card costs and avoid falling into debt trap
Pressure on unsecured lending may weigh on growth in spending through credit card
Access to an additional credit can be beneficial in emergencies or unexpected expenses
Mayura credit card is designed for those looking for both style and benefits, with a focus on rewards and travel perks, according to the bank
Private sector lender RBL Bank is aiming to grow its credit card portfolio "moderately" and focus on other aspects like cross-selling to customers, a senior official has said. If the industry grows at 20-25 per cent, the lender would like to increase its credit card outstanding by up to 15 per cent, its business head for credit cards Bikram Yadav said. "We would grow moderately in this segment, and we'll focus on internal unit economics and customer engagements and deeper cross-sell with them," Yadav added. Yadav, who was speaking after the launch of a dedicated offering in association with the largest oil marketing company Indian Oil Corporation, christened 'Xtra Credit Card', added that the other factors are more important than growth for the bank and its focus is on "reasonable" returns on the capital it deploys. It can be noted that the credit card segment has been under the spotlight because of the RBI's discomfort around the riskier unsecured segment growing fast. "The RBI i
InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.
Co-branded credit cards (CBCCs) are rapidly outpacing traditional credit cards, driven by India's booming economy and shifting consumerpreferences.
Lender says users can now enjoy seamless, secure, and instant payments through UPI, along with hassle-free travel facilitated by NCMC feature
These updates will impact various types of transactions and fees for credit card holders
A statement is made available by your credit card company once a month, shortly after your billing cycle ends
While there has been a delay in credit card issuers going live on the BBPS platform, the disruption among customers has not been widespread because users have multiple options to settle their dues
Keep some emergency cash at home and ensure your credit card limits are adequate
Visa has launched a service that allows travellers to receive an instant digital card replacement via text or email
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
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.
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.
Indian banks are requesting more time to prepare for the new rule taxing international credit card transactions under the LRS scheme.
The recent credit card rule changes necessitate adjustments for cardholders.
Regular use of your credit card with timely bill payments enhances your credit history, leading to higher spending limits and attractive loan offers.