You are shopping for clothes at a nearby mall. At the checkout counter, you have an option of taking a personal loan from an NBFC or swiping your credit card. You would most likely swipe your credit card. It is not about filling up a form for the loan and spending 10 minutes to close… Continue Reading
Co-branded cards have been the flavour of the season. Many brands have tied up with banks to launch co-branded credit cards and we have covered many such cards in our posts. Every few weeks, I come across a new one. Recently, I came across Titan SBI Credit Card which offers accelerated benefits for purchases across… Continue Reading
Has your credit card application been rejected? If yes, do you know the reason? The banks usually do not tell and just reject the application. If you have recently started working and had applied for your first credit card, a reason for rejection could be the lack of credit history. Also known as ‘No Credit… Continue Reading
Recently, I misplaced my wallet. I used the word “misplaced” because I was not sure if I had lost it or had simply kept it somewhere and forgot. I noticed my wallet was missing in the morning, and I had last seen my wallet the previous evening. While I found the wallet in the house… Continue Reading
I tried to recharge my FastTag account recently through Paytm app. Decided to make payment through a credit card. My credit card was already saved/tokenized on the app and hence did not have to enter the credit card details. That’s expected and quite convenient too. However, I was not asked to enter CVV either. The… Continue Reading
You own a credit card and have racked up a big bill on the card. Your cash flows are stretched this month and you can’t pay the card dues in full. You have been a good borrower all along and don’t want this instance of unpaid dues to become a blot on your credit records.… Continue Reading
Paying credit card bills has become a bit cumbersome from July 1, 2024. How? Before we get there, how do you pay your credit card bills? I do not know about you, but I pay my credit card bills using Paytm app. To pay the credit card bill, I simply open the Paytm app, select… Continue Reading
When you sign up for a credit card, you sign up for all the benefits on that credit card. There is no option to customize the benefits based on your spending preferences. In fact, you tend to select cards based on your expenditure patterns. For instance, you apply for ICICI Amazon Pay credit card if… Continue Reading
I noticed a new charge in my recent credit card statement. DCC Fee. While the quantum of charge was low, I still had to find how it became applicable. What is DCC Fee? DCC stands for Dynamic Currency Conversion fee and this fee is levied in two cases: For transactions conducted in INR at international… Continue Reading
Ever wondered how refunds from failed/reversal/refund transactions are adjusted to your credit card bills? You may think, since the transaction will eventually be reversed, the bank will not charge you for the transaction. You are right, but the timing of the reversal/refund may sometimes complicate things a bit for you. RBI has specified the adjustment… Continue Reading