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.
How your credit card works
It is said that Forewarned is often Forearmed. Knowing about credit cards can help you use it better to your advantage.
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.
