Cashback credit cards- a money saving option
Inflation is a bane of our lives. Inadvertently or consciously, a vast majority in us toils just to beat the inflation. But many an occasion, our savings are very insubstantial to bring us solace.
Have you checked security risks before using credit card?
The credit card is a much maligned and revered instrument occupying space in everyone‘s wallet. While it has many advantages and disadvantages both depending on how you use it, the security issues of owning and using a credit card need to be taken seriously.
All you need to know about debt consolidation loans
In an interview to CNBC-TV18, personal finance expert, Pankaj Mathpal of Optima Money Managers shared his reading and outlook on debt consolidation and term plan.
Impose limit on global transactions of cards: RBI to banks
In order to check frauds, the RBI has asked banks to impose monetary limit for international transactions on credit and debit cards and refrain from issuing cards with global access unless specifically sought by the customer.
Credit card cash withdrawal: Think twice! Be wise
Pankaj Mathpal, Optima Money Managers while sharing his outlook on how to manage personal finance, gives insight into the different payment costs involved when one withdraws cash through credit card.
Here are few tips to prevent identity theft
Certified Financial Planner, Gaurav Mashruwala discussed at length about identity theft and how to prevent that.
Check out: Tips to prevent credit card frauds
In CNBC-TV18's personal finance segment today, Pankaj Mathpal of Optima Money Managers highlights on how to prevent credit card frauds.
Credit card loans: What if you default
Certified Financial Planner, Gaurav Mashruwala while throwing light on the subject of credit card loans says, the effective cost of interest for any credit card loans would be around 16-24 percent. He adds, that is not too high but if there is a default in payment only then the effective rate of interest is very high around 30-36 percent.
Have you secured your credit cards with protection plans
Today having multiple credit cards is not a thing to boast about. It has become an integral part of one‘s life. A credit card fills the gap of uninterrupted funding of one‘s needs.
EMI in credit cards: Are you paying more than required?
EMI is a common household term today, as more and more people are availing different kinds of credits to meet their financial needs. The same is applicable to outstanding amounts in credit card dues which the customer may find difficult to pay in one go.
Why clean credit history is so very important for you
Most of us pay Equated Monthly Installments (EMIs) for either credit cards or for our various loans. In an interview to CNBC-TV18, Pankaj Mathpal of Optima Money Managers gives in detail all the DOs and DON'Ts when applying for loans.
SBI Cards eyeing one million new customers by 2014-15
SBI Cards, a joint venture between State Bank of India and GE Capital, is targeting to add one million new customers by 2014-15.
4 things that can go wrong with your credit card
Remember Aladdin‘s fabled genie? The one which fulfilled every wish of his master at the snap of a finger. Or Nelson‘s genie (this for the people who as grew up in the 90‘s with a heady dose of cheesy translated versions of American Sitcoms)-the pretty lady in pink who was as desirable as the wishes she granted.
Things to keep in mind while choosing a credit card
Credit cards play a major role in simplifying our lives. With one swipe, you can purchase many things even when you do not have money in your bank account or wallet.
Citi to boost India card, personal loan businesses
Citigroup Inc expects to increase the number credit card customers it has in India by more than 20% a year over the next two to three years as it looks to boost its unsecured business portfolio in the country.
Prepaid cards for Google Wallet temporarily disabled; Google says it is safe
Google Wallet's prepaid card service faces a threat; but the company maintains that the service is still a better bet over physical cards.
Which Credit Card Personality Are You?
When we talk about credit card usage we find different people managing it in a different way.
How to Make the Most of Your ATMs NOW!
ATMs are becoming more powerful than before and banks are consciously driving its usages with the concept of branchless banking.
StanChart launches approval-in-principle for credit cards
Standard Chartered Bank today launched Approval-in-Principle (AIP) for customers applying for credit cards online.
Federal Bank eyes foray into credit card
In a bid to extend its retail clientele, private sector lender Federal Bank is planning a foray into credit cards. Initially, the bank plans to outsource the back-end mechanism and would only market the product under its brand name.
HSBC aims to grow unsecured retail biz in India
HSBC is looking to grow its unsecured Indian loan portfolio, mainly credit cards, its country chief executive said, as its retail operation moves towards a return to profitability in Asia's third-largest economy.
Credit card transactions up by over 28% in July
Transactions worth Rs 7,471.76 crore were carried out using credit cards in the country in July, this year, 28.4% more than that in the same month last year.
BofA in talks to sell investments to Blackstone: FT
Bank of America is in exclusive talks to sell the bulk of Merrill Lynch's boom-time real estate investments to Blackstone for up to USD 1 billion (607 million pounds), the Financial Times reported on Wednesday.
How your credit card works
IT'S said that Forewarned is often Forearmed. This aphorism has given birth to a generation of knowledge seekers. Everyone wants to know every detail about everything before they do anything.
What are the various charges on credit cards?
THERE are a lot of hidden costs on that credit card you own and if you aren't watchful enough, your monthly statement may shock you.
