Credit Card Blogs

The introduction of the RuPay Credit Card by NPCI (National Payments Corporation of India) shows advancements in India’s digital payments ecosystem. It’s a co-branded credit card that a number of Indian banks issue.  By offering a wide range of attractive features and benefits, these credit cards have become a preferred choice for cashless transactions. It …

Do you know what creditworthiness means and why it is an essential part of your financial health? It simply enables you to get credit on time at lower interest rates. Financial companies check it based on a 3-digit score report generated by credit bureaus. Evaluation of this score takes many factors into account. Learning about …

If your’re struggling to pay your credit card bills due to high interest rates, then a credit card balance transfer may be an optimal solution. Often, people cannot completely pay off their credit card dues, as the interest increases with every billing cycle based on the outstanding amount.  In such a case, opting for a balance transfer …

Knowing how to convert credit card payments to EMIs is crucial to spread out the cost of your large purchases and make them more manageable. Opting for this can help ease the burden of repayment and keep you on track with your budget. To explore how to convert your credit card payments into EMIs, the …

Getting quick credit card approval is all about maintaining a clean credit history and showcasing good repayment ability. Since a card gives you access to credit, it poses a risk to the credit card company. This is why your ability to repay and your past behaviour with credit is reviewed before approval.  To know how …

Every time you are in the market to buy something, you will find a better and more convenient way to pay for it. Buy-now-pay-later options and credit cards help you shop without hurting your wallet or monthly budget, especially if you plan to make a significant purchase. As such, knowing their features helps you to …

If your credit card application is declined, it isn’t the end of the world. Nowadays, applying for a credit card is easier, thanks to fintech advancements that allow you to get quick approval from the comfort of your home. Despite the easy access, issuers have specific eligibility criteria that you must fulfil.  All financial institutions …

Knowing the charges for credit card cash withdrawal is a must before you use this facility. Cash withdrawal via a credit card can be an ideal way to access funds when you are in need, but it comes at a cost applicable from the date you make the withdrawal.  This charge also differs from the …

EMV cards have gradually replaced metal strip cards. A primary reason for this is that they come with stronger encryption to protect your card details during the transaction. While metal strip cards encode your details in the strip on the back of the card, these cards store your details in an EMV chip. Read on …

Think of a credit appraisal as the immediate response to your loan application. Financial firms, be it a bank or NBFC, run this check to see if you qualify for credit, be it a loan or a credit card. This process helps them understand your repayment ability and thereby, the risk they will take on …