credit cards

How do Credit Card Protection Plans work

Credit protection plans help you protect yourself from losses arising out of misuse of credit cards due to theft, loss of credit cards.

Managing credit after a divorce

While separating ensure that you separate your money matters, especially the loans availed. And repay your loans on time, this ensures a helthy credit profile

Mobile payments: Here is how we can ensure it stays secure

Users must take due care while using mobile phone to pay vendors and other individuals. Here are some tips that make mobile payments a safe experience

How to get out of credit card debt trap

Credit card debt is a common phenomenon among young executives. The high cost debt can be a burden for many. And here is an action plan to get out of the credit card debt trap.

What if you make a wrong money transfer?

Wrong money transfer may happen due to technical or human error. Reversing such a money transfer is pain and one must be careful while transferring money online.

You must do this if your credit card is hacked

You have to inform the bank about your card getting hacked. But that is just the beginning. You may have to follow up with the bank for resolving the matter in your favour and getting a new card

How to use student credit cards to manage your expenses

Student credit cards come with low fees and are issued against a fixed deposit or as supplementary card.

Choose the credit card based on your lifestyle needs

Co-branded credit cards or affinity credit cards offer benefits on specific spending items. If you frequently incur a particular expense then it makes a lot of sense to go for a co-branded card.

How many credit cards you should have?

Many individuals do carry stack of credit cards, which they may never use or may overuse all of them leading to repayment issues. It is better to analyse one's needs and decide the right number.

Abandoning 2-step verification in low value transactions

RBI has proposed doing away with two step verification in low value transaction. Is it safe for the credit card holder if this proposal is implemented.

Credit card dispute? Here is how to take it up

Rising credit card use also leads to increase in disputes over credit card charges. RBI has put in place a system to resolve disputes.

Understand credit card fees & charges to save money

Know how credit card issuing banks charge you under various heads. Be it annual fees, finance charges, late fees; if you know how they calculate it, you can use your credit card in such a manner that the costs are minimum.

Product innovations on your card:Credit card or army knife?

Credit cards are becoming popular as online shopping catches up. To deal with issues such as security, ease of use the credit cards are now coming in multiple avatars which further empowers the end users.

Six points you must check before upgrading your credit card

Upgrading the card or taking a new one is an obvious thing when income level goes up. However one must understand the benefits offered by the card and advantages and disadvantages with increased leverage before upgrading a card.

Considering increase in Credit Card limit? Don't miss this

There is no harm in getting your credit card limits enhanced. However, do not overspend just because you have scope to spend. Keep a tab on credit utilisation ratio.

Sticking to your budget can make your credit card a boon

Many individuals treat credit card as a bane. However if they stick to their family budget and spend accordingly on their credit cards, the credit card can emerge as a convenient tool than a value destroyer.

Three points prescription for surviving credit card default

Balance transfer, converting your dues to an EMI option or going for a new loan can help one survive a default on credit card. These options help a credit card holder to pay down his outstanding without incurring high costs.

Should I go for zero per cent cash advance on credit card?

Cash advance is a loan and a default can affect the credit score adversely

Save money while spending: Use cash back credit cards

Cash back credit cards can help you save money when you pay your utility bills or fuel bills. Cash back is given in the bill generated at the end of the monthly billing cycle

Should you handle pocket money through E-payment Cards?

E-payment cards allow you to live a stress free life. One can transact online, track his expenses and have access to funds in emergency, through e-payment cards

Things you probably didn't know about identity thefts

Identity theft leads to financial loss to victims. Earlier it was more to do with fund transfers from bank accounts and misuse of credit cards of victims. However now it has more evolved threat.

Bank in your pocket: ICICI launches mobile based product

The new integrated mobile banking service is called 'Pockets', and ICICI Bank Managing Director and Chief Executive Chanda Kochhar claimed that this is the country's first digital bank on a mobile phone.

Is credit card balance transfer a good idea?

Credit card balance transfer does help save money in short term provided you pay off your credit card debt in the promotional low interest rate period. In most cases, the savings so made are wiped out due to inability to pay off the dues in time.

Here is how you can avoid splurging and encourage saving

Reckless spending leads to almost no saving. It deprives the individual of wealth creation opportunities, which he could have tapped had he saved money.