Converting Credit Card Outstanding into EMIs

Recently, I got a promotional email from a bank to convert credit card outstanding to EMIs. The EMI amount will be added to the credit card statement every month. I have discussed such deal structures in much greater detail in an earlier post. However, there have been a few interesting developments in the payments space that such… Continue Reading

How Debit Card EMI Works?

Recently, I watched an ad from Flipkart about Debit Card EMI. This sounded a bit strange to me. Typically, you would associate EMI with a credit card or a loan. Getting a credit card is not always easy. Your credit card application can get rejected for various reasons. A bad credit score is a common… Continue Reading

What Is Your Liability in a Credit Card Fraud?

You take utmost care while using your credit card. You have never shared payment details with anyone. Despite exercising a lot of care, it may well happen that you may be at receiving end of a credit card fraud. What do you do in such a case? More importantly, what is your liability? Do you have… Continue Reading

Tips to Prevent Credit Card Fraud

Credit cards and debit cards provide a lot of convenience. You no longer have to carry currency notes to make any purchase. With so many online shopping portals around, you may not even have to leave confines of your home to make a purchase. However, credit and debit cards come with a lot of responsibility… Continue Reading

How To Pay For Expenses When Travelling Abroad?

When an Indian national is going abroad for whatever purpose – job-related, business or simply to explore the world – he/she has a number of choices as to how it is proposed to carry foreign exchange for expenses abroad. It can be in the form of foreign currency notes, foreign currency travellers cheques, foreign demand… Continue Reading