credit cards

Don't be fooled by Women's Day offers on savings bank accounts, look before you leap

Savings bank accounts specifically targeted at women come with extra features. But check if you really need them as they come with additional cost.

Be cautious of over leveraging while using multiple credit cards: Yes Bank

You need to set up a credit limit for yourself while using a credit card say overall 30-40% of monthly income is sufficient (including EMI on loans).

Six ways you can use credit card for optimum credit score

Smart use of your credit card will help you build a good credit footprint as long as you are responsible and remember to repay the full amount on time.

Explainer | RBI expands tokenisation facility to card-on-file tokenisation services

The RBI has now made tokenisation feature formally available to all card networks. This feature is only available for purchases if you buy through your mobile phone or tablet.

Beware of frauds! Here's how you can avoid getting tricked by scamsters

It’s advisable to review your monthly credit card and bank statements for any unauthorised and sham transactions.

Credit card usage at all-time high: Know the risks involved while using it

Those who exceed 40% of their credit limit frequently should request their card issuers to increase their credit limit based on eligibility.

Banks see rising stress in retail books with LAP, mortgage loans, credit cards spoiling the party: Cibil data

The overall retail outstanding balances have grown 21 percent in the September quarter, compared to the year-ago period, fuelled majorly by those between 30-49, according to Cibil data released on Wednesday.

What is a good credit score and how you can maintain it to stay on the right side

A low credit score is a symptom of habitual defaults and an indicator of financial indiscipline.

How you can start building a credit score if you have never taken a loan

Lenders rely heavily on your credit report to make a lending decision.

Defaulted on your loan? Steps you should take to improve your credit score

Missed payments are reflected in the 'Days Past Due' and 'Amount Overdue' fields in the ‘Accounts’ section of your credit report.

How you can use your credit card effectively; 7 smart tips to follow

Making timely repayments through a secured credit card, you can easily build a good credit score.

Buying a travel credit card? Consider these points before applying

Go for travel credit card only if you incur sizeable traveling costs, says Sahil Arora of Paisabazaar

Macro@Moneycontrol I RBI's data localisation mandate

Moneycontrol’s Sakshi Batra in conversation with Gaurav Choudhury, Deputy Executive Editor, Moneycontrol finds out what could be the implications on companies that have missed the RBI deadline.

Credit cards: What is credit limit and how is it important for financial discipline?

The purpose of setting a credit limit is to help maintain a good credit score.

Beware! Your social media activities can affect your creditworthiness

Alternate credit scoring models have emerged as a solution to this since they are more inclusive as compared to the traditional models employed by banks.

Credit card charge-off: What it means for a cardholder

A charge-off and a write-off are two completely different things. If your debt is charged off, it doesn’t mean that it is paid off.

5 questions to ask yourself while opting for a credit card

Credit card debts attract high interest rates, which may be as much as 40% annually on your unpaid amount. This is supplemented by late fees, collection charges, or even legal fees.

5 reasons why you should use a credit card

Many credit cards offer you complimentary access to airport lounges, not just at domestic destinations but also international ones.

Managing Money with Moneycontrol | Credit cards: Boon or bane?

In this video, we demystify the popular myths surrounding plastic money.

How multiple credit accounts impact your CIBIL score

A high credit utilisation ratio means that you are a high-risk borrower, and with your given income level, there is a decent probability of making late payments or defaulting

A high credit score can be a money-saver, here's why

Defaulting on payments, applying for credit to multiple lenders within a short span of time, spending more than 50%-60% of your credit limit regularly, brings your credit score down.

Five ways your credit card can help you save money

Prudent use of credit cards can help you save money

Credit cards enable over 40% of India’s online travel bookings: Report

Average ticket size of the air travel booking done through credit cards is around Rs 6,000 whereas it is only Rs 1,200 for the non-air travel bookings

Three credit card mistakes you must avoid before applying for home loan

If you default paying the credit card bill, it will show that you do not have money to even service your short-term liabilities