Tata Neu Infinity HDFC Bank Credit Card updates NeuCoin rewards on UPI transactions: Key changes explained
Effective August 1, Tata Neu Infinity HDFC Bank credit card users will earn 0.5 percent as NeuCoins on eligible UPI transactions. They will get an extra 1 percent back as NeuCoins if they use Tata Neu UPI ID for a transaction.
Citibank credit cards to become Axis from July 15: Know your fees, features, benefits
The migration of Citi credit cards to Axis Bank will be completed by July 15. Here, we address common questions from Citi credit card users regarding the migration process, the benefits and features of the Axis Bank credit card replacing the Citi card, rewards programs, annual fees and charges, and more.
Got a new credit card? Here are 5 important things to bear in mind
Users must remember that their credit cards could exclude certain payments from the minimum spend threshold calculation. Usually, transactions converted into EMIs or returned purchases are not taken into account. And, always live within your means.
Swiggy HDFC Bank Credit Card revises cashback structure: Here are the details
Effective from June 21, any cashback you earn will reflect in your credit card statement, rather than appearing as Swiggy money cashback on the swiggy app.
HDFC Bank’s Pixel Play credit card: So, you can customise this; but is it worth it?
The card offers the flexibility to choose spend categories to maximise rewards. However, the drawback is that only select merchants are available. And the interest is usuriously high.
Planning your summer holidays? Here are five credit cards offering travel goodies
Credit cards with travel benefits offer airport lounge access, discounts on travel-related purchases, and rewards or air miles that can be redeemed against flight bookings.
Federal Bank to come back with co-branded credit cards in 3-4 months after getting regulatory approvals: Shyam Srinivasan
On March 13, Federal Bank said it has stopped issuance of new co-branded credit cards and is in the process of rectifying the areas that are deficient and will seek regulatory clearance prior to resumption of new issuance
New KYC rules, hike in savings account charges and more: 5 money rules coming up in May
ICICI Bank and YES Bank have revised fees on savings account services, effective May 1. YES Bank and IDFC First Bank have introduced a surcharge on utility transactions made using credit cards.
Chart of the Day: Tightening regulation hasn’t dampened credit card growth
Tightening of rules, risk weight increases and even ban on select issuers has not derailed fresh credit card issuance and spends, which continue to grow.
Why are banks charging 1% fee on utility payments using credit cards?
Yes Bank and IDFC First Bank recently imposed additional charges if you pay utility bills using your credit cards. These payments used to earn a credit card user a tiny set of reward points. Not anymore. But there’s a reason.
RBI clampdown on Kotak Mahindra Bank: Timeline of recent regulatory actions on large lenders
In the last five years, the central bank imposed major restrictions on financial institutions such as Paytm Payments Bank, Bank of Baroda, Bajaj Finance, HDFC Bank, Mahindra & Mahindra Financial Services, SBM Bank (India), Mastercard Asia / Pacific Pte, and American Express Banking Corp. and Diners Club International, among others.
Why Kotak Mahindra Bank was barred by RBI from onboarding new online customers, issuing credit cards
The Reserve Bank of India (RBI) on 24th April barred private sector lender Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels, and from issuing fresh credit cards. But why did RBI take such decision? Watch to find out
RBI curbs on Kotak Mahindra Bank to hurt retail business, stock may fall up to 5%, says expert
RBI barred Kotak Mahindra Bank from onboarding clients through digital channels due to supervisory concerns over their technology platforms.
Funding your dream vacation - Some options, their pros and cons
The trend of borrowing money to fund vacations can weigh heavily over the years. The better option may be to look for ways to boost income, create additional avenues for income or create a corpus via recurring deposits or savings schemes. This will be easier than schemes that bear the burden of high interest rates.
SBI Card launches 3 credit card variants in travel category with SBI Card Miles
SBI Card MILES users can convert travel credits to air miles and hotel points with card partners. Users get accelerated rewards on every travel booking, and airport lounge access, among other benefits. The annual charges for the card start from Rs 1,499 and go up to Rs 4,999, before tax.
The new Axis Bank Shoppers Stop credit card: Key details to know before you apply
This co-branded credit card offers accelerated rewards on shopping, coupled with the convenience of fuel surcharge waivers, dining privileges and many more. The joining fee for this credit card is Rs 500 plus applicable taxes.
SBI Unipay's failed bill pay transactions, delayed refunds leave customers in limbo. Here's what you can do next
Lately, there have been several complaints against SBI Unipay, a bill payment aggregator service, where the payment gets deducted from the customer’s bank account, but the bill payment fails on the platform.
IDFC First Bank Announces Changes On Credit Card Benefits | Here Is What Do You Need to Know
IDFC First Bank has reduced reward points for online purchases, increased spending requirements for airport lounge access, and modified terms for utility and rent payments via its cards, effective May 1, 2024. Watch for more details!
Now, IDFC First Bank cuts credit card benefits; what it means for cardholders
IDFC First Bank has revised the reward points system, introduced surcharges on utility transactions, increased spending criteria to access airport lounges, among other things on its credit cards.
AU Small Finance Bank, IDFC First Bank slash benefits on credit cards. What does it mean?
Holders of cards issued by these lenders will have to pay processing fees for rent and education transactions, surcharges on utility transactions, among other things.
Yes Bank, IDFC First Bank to levy surcharge on utility payments with credit cards
The two banks are introducing the surcharge with effect from May 1 because this is a low-margin business category, and to prevent misuse
Axis Bank credit card fiasco: Customers hit by fraudulent international transactions must act quickly to protect themselves
To start with, you may want to disable your international transactions immediately and ignore messages/email alerts to enable international online usage until the issue is sorted out. You can file complaints and claim refunds as per RBI rules, says Axis Bank.
Kotak Mahindra Bank open to more partnerships on co-branded credit cards, says senior executive
The bank already has five co-branded credit cards -- with IndiGo Airlines, PVR, Indian Oil Corporation, Myntra, and Metro Cash and Carry.
Rewards Restrictions: What does it mean for Axis Bank cardholders?
The Bank has also chopped off benefits on travel credit cards, which includes the Atlas credit card, and co-branded credit cards such as Vistara Infinite and Vistara Platinum. The changes will be effective April 20, 2024.
Federal Bank, South Indian Bank announce measures on co-branded credit cards
Both banks have cited regulatory guidance received from RBI on March 12.
