Do you know that you can pay insurance premiums with your credit cards? Usually, all insurance companies provide the option of premium payment with credit cards.
Notably, before choosing a lifetime free credit card, carefully consider your needs, reward points and habits. After this, select the card.
Credit card tips: Credit cards are commonly viewed as handy financial tools for making purchases. Here are some tips to help you maximise the advantages of using credit cards.
The PwC report noted that the credit card industry has seen a substantial rise in transactional activity. However, the report also noted a decline in debit card usage.
As July approaches, prepare for significant financial changes impacting credit cards, Paytm wallets, and income tax filings. Key updates include Paytm closing inactive wallets on July 20, 2024, SBI Card ending reward points on government transactions, and ICICI Bank adjusting credit card fees.
As May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.
RBI said that card issuers need to provide an option to their eligible customers to choose from multiple card networks at the time of issue.
Using your card frequently and making full payments on time can result in automatic increases in your credit limit by your bank.
The potential fees and interest charges can range from 1 per cent to 5 per cent of the transferred amount.
During this festive season, credit cards with cashback rewards are available to help you save extra money. With every purchase, you can earn cashback or rewards.
The Ministry underscored that the development will facilitate the growth of e-commerce and digital transactions in the UAE, bolster financial inclusion, support the UAE's digitisation agenda, increase alternate payment options, reduce the cost of payments, and enhance the UAE's competitiveness.
The amendment reverses a May 16 notification by the ministry which omitted Rule 7 from FEM (CAT) Rules, thereby effectively including forex spend through ICCs under LRS.
UPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform, RBI Governor Shaktikanta Das said.
HDFC Bank said the RBI order “has advised the bank to temporarily stop all launches of the digital business-generating activities planned under its program Digital 2.0 and other proposed business generating IT applications and sourcing of new credit card customers.”
RBI on Friday said that all commercial banks, co-operative banks, all-India financial institutions, and NBFCs are being permitted to allow a moratorium of three months on payment of installments in respect of all term loans outstanding as on March 1, 2020. But, is credit cards outstanding covered under RBI's 3-month moratorium?
According to reports, the card records were uploaded on the cardshop on February 5. Moreover, the total estimated value of the database according to Group-IB is USD 4.2 million and this is not the first time that Group-IB has detected a fraud concerning the Indian payment cards.
The New York Department of Financial Services has opened a probe into allegations of gender discrimination by Apple Card issuer Goldman Sachs while determining credit limits.
Are you HDFC customer? Then here is good news for you ahead of Diwali festival season. HDFC Bank on September 30 launched ‘Festive Treats’, a month-long extravaganza India's largest financial services dhamaka. Under which customers will get special offers on all banking products from loans to bank accounts,
Read out the low-down on how you can keep yourself away from high interest rates and penalties by managing multiple credit cards.
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