A few weeks back, I had written about Amazon Pay ICICI Bank credit card. Simple and easy benefits. You get 1-5% cashback on each spend and the rewards system is so simple. The cashback/reward for the previous month is credited to your Amazon account on the statement date. What about Flipkart? Does Flipkart offer something… Continue Reading
Do you shop on Amazon? If you do, you must have noticed this banner about Amazon Pay ICICI Bank Credit Card that keeps coming up? Or you must have noticed this card always comes in various payment offers on Amazon. Has this ever intrigued you? What is this card about? What are the benefits this… Continue Reading
There is a new credit product in town. UNI Pay 1/3 card allows you to repay the purchase amount in 3 monthly installments at no extra cost. It has been launched in partnership with RBL bank, State Bank of Mauritius and LiquiLoans (P2P-NBFC). For instance, you purchase an item worth Rs 30,000 using this card.… Continue Reading
Do you struggle to control your expenses? Do you feel your long-term goals are getting compromised because of your inability to limit spending? If yes, this is a serious problem. When you spend irresponsibly, you are borrowing from your future. If you spend too much now, you won’t have much to spend in the future.… Continue Reading
All of us are worried about any fraudulent activity on our credit cards. Obviously, nobody wants to pay for what they have not spent. While there is need to exercise caution, there is no need for paranoia about credit card transactions. The credit cards come with various security measures. Additionally, the Reserve Bank of India… Continue Reading
Your net take-home pay is Rs 1 lac. Your expenses range from 50-60K per month. You invest Rs 40,000 per month diligently. You have automated your investments through SIPs, recurring deposits and setting up auto-debit. You want to purchase a laptop costing around 45,000. What are your options? Break/redeem your existing investments and pay for… Continue Reading
A good debt is used for purchase of productive or appreciating assets or useful services. Thus, a home loan, an education loan or a business loan can be considered good debt. A housing loan gets you ownership of the house while an education loan or a business loan can improve your employment and income prospects.… Continue Reading
US Payment company Square recently acquired AfterPay, an Australian Buy Now Pay Later fintech firm, at an astonishing valuation of USD 29 billion. That is massive. By the way, Buy Now Pay Later (BNPL) facility is getting popular in India too and e-tailers such as Amazon and Flipkart offer Buy Now Pay Later (BNPL) schemes… Continue Reading
Not all credit is bad. In this post, I will show how an overdraft facility can be useful in certain cases. What Is an Overdraft Facility? An overdraft facility is a revolving credit facility just like a credit card. You pay interest only on the drawn (utilized) amount. You can draw from the facility up… Continue Reading
Want to make an online purchase but do not have money in your bank account? Fortunately, e-commerce websites allow you many options to buy on credit. What Are Your Credit Options for Online Purchase? Credit card No-Cost EMI (on a credit card) Personal Loan Buy Now Pay Later scheme I want to compare options that… Continue Reading