credit cards

What are the various charges on credit cards?

A credit card typically comes with many charges. It is better to know them in advance to avoid rude shocks at a later stage.

6 steps to get out of a credit card debt trap

Credit card debt after festival season becomes a problem for some credit card users. Here is a step by step approach that can help you come out of debt trap.

Manage finances properly to make vacation cheerful

A vacation allows an individual to explore, enjoy and discover the wonderful places in the world. Let us look at how vacationing has evolved today and how companies are meeting customer demands and what should we take care of from a financial perspective.

New Year resolutions for a financially secure future

These resolutions are aimed at bringing greater joy and satisfaction. And to achieve satisfaction, financial well-being is essential

The world of student credit cards

Student credit cards are another customized version of credit cards that have been designed to help students avail various benefits on their spending, apart from cutting out the hassle of carrying paper money.

Is it good to buy multiple credit cards for rewards?

Swapnil ventured into the corporate world with his first job after graduating last year. Like many other young professionals, Swapnil has also been getting numerous calls from various credit card companies with lucrative offers and free cards.

Double factor authentication secures e-transactions

The Reserve Bank of India recently banned attempts at circumventing two-factor authentication in transactions in which both payer and receiver of funds are Indians.

All cos must apply 2-step payments for credit cards: RBI

The announcement on Friday comes after local taxi companies had complained that Uber was not following the two-step verification process required for credit card transactions in India, according to media reports.

How to close a credit card

If you have multiple credit cards, it is recommended that you should never close all credit cards at the same time. Closing too many cards at once can reflect badly in your credit score and can strongly hamper the chances of getting a loan or applying for a new credit card in the future a problem.

Have you missed paying credit card bill?

There are two chief reasons why one does not pay credit card bill on time. First, you might not have enough funds. Second, you may have simply forgotten due to some personal or technical reasons. Whichever be the case, you need to call up your bank and check the status of your credit card account.

Learn how to avoid mistakes while using credit card

The most important thing about a credit card is timely payment: the day you get the credit card bill set up the payment mechanism. If you are confident of your credit card company, set up an automatic debit. Or just go online and make the full payment. Delays are expensive.

Higher limit builds good credit score: Here's how

The moment you get higher credit limit, your credit utilisation ratio goes down, which in turn helps you to improve your credit score.

10 Tips for safe online card transactions

There is also a fear of data associated with this, as a lot of third party websites and cookies are actively stealing user information silently leading to security risks. Taking some significant steps can minimize their risk of such fraudulent transactions. Let us take a look at the top 10 tips to ensure safe online card transactions.

Mortgages tougher to get for credit challenged customers

Typically, home buyers used to complain of the paucity of home loan options in the market. Then, in the early 90s, these customers complained of high interest rates. Then, post-2005 emerged the challenge of rising real estate prices for these potential home buyers.

Ways to manage your credit card dues

Most of the credit card customers are unable to manage and repay their credit card bills due to their sloppy spending habits and negligence about the mechanics of credit cards.

What to remember when you shop for credit cards!

Often, individuals are offered credit cards with great schemes directly by the bank. However, when we set out to purchase a credit card ourselves, there are numerous factors that have to be taken into consideration to derive the best benefits from using a credit card.

Virtual credit cards – Instant utility!

There are safety measures that can be adopted to ensure transaction security; however, sometimes payments have to be made to sites that one is aware as being insecure. To address such dilemmas, banks have launched a virtual credit card which is a one-time transaction, limited period card.

New year financial resolutions for 2014

You should avoid using Credit Cards and try using Debit Cards. Credit Card should only be used incase of emergencies such as hospitalization. If you use your Credit Card, make sure you pay the dues within 45 days.

Credit scores may get used beyond banking

A good credit score is a must pre-condition to get loans from banks. However as time passes by, credit scores will find more areas of application beyond banking

Pros and cons of consumer credit cards

Credit doesn‘t increase your purchasing power. It just brings future purchasing power to the present and gives you a false impression that it has increased.

All you want to know about supplementary credit cards

A supplementary credit card is an additional credit card that is issued under your original or primary card.

Here are all credit card myths you should be careful about

Credit card users usually do not doubt the safety and security of their cards, and this is primarily based on certain myths they hold

Cash in your reward points with credit card

Credit card companies reward their customers to encourage them to spend more and also to say ‘thank you‘. The rewards are extended in the form of discounts, cash backs and reward points that can be redeemed for cash discounts on your next purchase.

Here's how you can be credit responsible during Diwali

As far as possible do avoid buy today and pay tomorrow offers, no matter how attractive they appear. A good credit card outstanding payment history helps in building good credit score, also known as CIBIL score, explains Rajiv Raj of creditvidya.com