Ever wondered how Amazon Pay ICICI Bank Credit Card and Flipkart Axis Bank Credit Card can offer 5% cashback for purchase transactions on Amazon and Flipkart respectively? 5% is a lot of money. While I am not privy to internal arrangements between the banks and these retailers, 5% is still a hefty cashback. In this… Continue Reading
Recently, I signed up for a RuPay credit card from a leading private sector bank. I already had a couple of credit cards, but I still signed up more out of curiosity and excitement than anything else. UPI is ubiquitous now and I didn’t want to be left behind in understanding how credit card payments… Continue Reading
Do you use credit cards for cashbacks, discounts, and rewards points? Many of us do. What if the bank were to suddenly reduce such benefits on your credit card? Why Would Your Bank Reduce the Benefits? Yes, the customer may get annoyed and feel cheated. You may use the card less or even stop using… Continue Reading
If you own a credit card and have been paying your bills on time, your bank must have bombarded you with one of the following offers. This is over and above various merchant/brand or discount/cashback offers that the bank sends communications about. Get a higher credit limit. Get a personal loan on your credit card.… Continue Reading
Starting October 1, 2023, you may be able to port your credit Card just like your mobile number. No, you won’t be able to port your ICICI Bank Credit Card to HDFC Bank or vice versa. But you can choose the card network for your credit card. What Are Card Networks? If you look at… Continue Reading
We know about ‘Buy Now, Pay Later’ (BNPL). We know about platforms that allow us to pay rent using a credit card. If we combine these two products, a resulting permutation could be ‘Rent Now, Pay Later’ (RNPL). Transfer Rent on credit. And credit comes through a loan and not a credit card. Such a… Continue Reading