BUSINESS
Seven newly launched credit cards to watch out for
Till now, the year 2022 has seen several newly launched cards. While some of these are offered in collaboration with popular brands and focus on brand-specific advantages, others are designed to give value-back across multiple brands and categories.
PERSONAL-FINANCE
Diwali holiday travels: Credit cards with low forex markup fee
Credit cards with low forex markup fees comes with travel benefits like complimentary lounge access, hotel memberships and additional benefits.
MCMINIS
Studying abroad? Open a student bank account
BUSINESS
Carrying forward a balance on your credit card? Here are five low interest credit cards
There are credit cards, typically super-premium ones, that charge a comparatively lower interest rate and make credit card debts less of a burden.
BUSINESS
How much will RBI’s new 50-bps rate hike pinch you as a borrower?
The fresh hike in repo rate is likely to have a market-wide impact on borrowers as existing EMIs, as well as new loans, are set to become costlier. The rate hike has given momentum to rising FD interest rates.
BUSINESS
Six money rules for your wallet this October
From tokenisation of cards to nominations while investing in National Pension System and mutual funds to charges introduced for paying rent using credit cards, a lot is happening in October. Here is what you need to watch out for.
BUSINESS
Recurring deposit or mutual fund SIP: Which is better?
Investing in RDs and mutual funds through SIP brings in financial discipline. Both instruments allow investors to build a corpus over time.
MCMINIS
How to make UPI payments using credit card?
BUSINESS
Recurring Deposit Rates | These banks offer up to 7.35% interest for 5-year tenor
Conservative investors who have a regular income stream can prefer investing in recurring deposits. Investment in RDs is taxable. Neither the money invested nor the interest earned is exempt, and both are taxed as per the tax slab.
BUSINESS
Festive Sale 2022 | Five credit cards that make shopping more rewarding
While shopping during the festive sale, spend smartly and responsibly. These cards have been arranged according to the least annual fees
MCMINIS
Why do you need NRE and NRO accounts?
BUSINESS
As NRO deposit rates go up, these banks offer up to 7.7% interest on five year tenor
The average interest rates of top 10 banks is 7.07 percent for fixed deposits with five-year tenor, according to data compiled by BankBazaar
BUSINESS
Age of fintechs: These financial intermediaries make life easier but there're caveats too
Innovative products and services being offered by the financial technology companies are disrupting the traditional methods of managing finances and spending
MCMINIS
Why a loan against FD instead of personal loan?
BUSINESS
Fixed Deposit Rates: These banks offer up to 7.5% interest for 5-year tenor
The average interest rates of top 10 banks is 6.9 percent for FDs with tenor around 5 years, according to data compiled by BankBazaar
BUSINESS
Investing abroad series: Use NRO account for family expenses and NRE account for investments
Opening an NRE or NRO account helps NRIs in multiple ways. For instance, you can transfer your foreign earnings to India for periodical expenses of dependent family members or for making investments in India.
BUSINESS
Fixed Deposit rates go up: These banks offer up to 7.5% interest for up to 3 years
Small finance banks lead with the highest interest rates, followed by a foreign bank and private banks. The interest rates on FDs offered by public sector banks are not competitive like other banks.
MCMINIS
How to benefit from UPI AutoPay feature
BUSINESS
Here are five money matters that need your attention this September
Reduced time limit to verify tax returns, increase in issuance fees and annual charges on debit cards, securing the cards with tokenisation, hike in fees for investing in National Pension System—there is a lot happening in September. Here is what you need to watch out for.
BUSINESS
These private sector banks offer the highest interest rates on tax-saving fixed deposits
A host of smaller and new private sector banks are offering higher interest rates on tax-saving FDs to garner new deposits
BUSINESS
Can LenDenClub deliver on its intent of 12% return on P2P product? A Moneycontrol review
With multiple risks involved in it, invest in the product with caution after you have enough of a corpus built up in well-regulated and more transparent products.
BUSINESS
Banks hike FD rates for senior citizens. Is it time to invest?
Investment in fixed deposits offer liquidity and periodical interest income to senior citizens
MCMINIS
What is an account aggregator framework?
BUSINESS
Do you travel frequently? Here are five best credit cards with complimentary airport lounge access
For frequent traveller by airways, credit cards with airport lounge access are very useful. So, choose the one which is economical in annual fees and provides the most benefits.
