The Vibe Journal: Finance Blogs

The newly launched Fibe Credit Card is a co-branded card launched in collaboration with Axis Bank and comes with attractive features and benefits. With it, you can make every transaction more convenient and rewarding.  One of its many standout features compared to traditional credit cards is that you can link this numberless RuPay credit card …

Ever wondered what is accrued interest and why it’s important for your finances? Simply put, accrued interest is the interest that builds up on a loan, bond or investment over a specific time even before you pay or receive it.  Understanding it helps you:  Whether you’re taking a personal loan, buying a bond, or saving …

If you’re planning to take a loan, it helps to know what is prime lending rate. This rate impacts how much interest you’ll pay on credit cards, home loans or business loans.  The prime lending rate meaning is simple. It’s the rate banks give to their most creditworthy customers. But it also sets the base …

If you often leave extra money sitting in your savings account, you may be losing out on better returns. That’s where the automatic sweep feature comes in. Many people search for what is auto sweep facility because it promises higher interest without you having to lock your money away. You can think of it as …

Credit card issuers increase your limit based on your financial profile and creditworthiness. They will check your income, existing debt, number of cards, job status, repayment history and credit score. A higher limit gives you more spending power for shopping, essentials, food, travel and entertainment. This is why a credit card limit increase can be …

Knowing more about the differences in features of personal loans vs credit cards is important so you can choose the right one during times of need. To ensure you can meet and address your financial obligations, figuring out which of these supports your needs for quick and restrict-free usage is key. Read more below to …

If you will look at the front of your card, then you’ll spot a 4-digit code in MM/YY format; that’s the expiry date of your credit card. You can also check the same through net banking, your bank’s app, your monthly statement, or a quick call to customer care if you do not have the card handy. How to check credit card is active or not matters, too — an expired card …

When you apply for a secured loan, the value of the collateral you provide determines the loan amount you can get, which is referred to as the loan-to-value (LTV) ratio. Simply put, it is the ratio of the value of the asset you put up as collateral and the amount you receive as a loan.  …

Bridge loans are a type of financing option that, true to their name helps you bridge the gap between you and your goals. With advancements in fintech, getting loans for urgent requirements is now easier than ever. However, in some instances, you may face a delay and access to funds may take some time.  In …

Every credit card user wonders, ‘how to know credit card balance’ at least once. Before learning about that, you need to understand that the card balance differs from the credit limit. The credit limit is the maximum amount sanctioned by the issuer, but the balance is the remaining credit limit after its usage.  By initiating …