Looking for your first credit card, but your card application keeps getting rejected due to inadequate credit history or some other reason? There is a simple and quick way to get around this problem if you have some money in your bank account. I am talking about a bank FD backed credit card. And in this… Continue Reading
On a recent visit to Reliance Smart Bazaar, a credit card executive aggressively pitched Reliance SBI Prime Card. He mentioned the card offered a 20% instant discount on purchases at the store. Well, this offer was obviously too good to be true. At grocery stores/supermarkets where the margins are wafer-thin, 20% discount was clearly not… 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
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
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
In the monetary policy announcement on June 8, 2022, the Reserve Bank hiked the repo rate by 0.5%. Bad news for borrowers. The interest on floating rate home loans would soon go up. Either the EMI or the loan tenure will go unless you part prepay your loan. Apart from the rate hike, the Reserve… Continue Reading
Ever tried to book railway tickets using a credit card? You would have quickly realized that you need to cough up 2% extra (1.8% + GST) to book your train ticket using a credit card. That’s a lot. For booking train tickets on IRCTC website, UPI and net banking are the cheapest modes. If you… Continue Reading
You own a credit card and use the card judiciously. You are aware of the benefits and flexibility that a credit card offers. You want that your home-maker spouse and your college going kids should also enjoy such flexibility. However, it is not easy to get a credit card unless you are earning. How do… Continue Reading
We hear about co-branded credit cards quite often. The banks have launched credit cards in tie-ups with retailers (Big Bazaar), e-tailers (Amazon and Flipkart) and airlines/cab/travel booking companies (Vistara, Ola, IRCTC). Zomato has a co-branded credit card with RBL bank. And I am sure there are many such co-branded products. The USP is: If you… Continue Reading