Credit Card Blogs

Issuers set the maximum credit card limit in India by considering a number of factors. You can only make transactions within this specified limit. So, knowing how financial institutions determine this limit is crucial. Remember, the maximum limit in India varies across issuers and individuals as it is based on: Guide to Credit Card Limits …

Wondering how to carry out a credit card to bank transfer? While it may seem like a hassle, it is actually a simple process that can help you when you have insufficient funds in your account. It can also come to your aid in instances where you cannot transact with your credit card. Read on to …

Keeping credit card and debit card differences in mind can help you choose your preferred option to achieve your financial objectives. As two of the popular modes of payment, these cards simplify your shopping experience by avoiding the risk of carrying cash. Both cards share some common features, while their key benefits vary vastly.  Choosing …

Credit card skimming is becoming a growing threat in today’s digital world. Scammers use a physical device called a skimmer to steal your credit card details. With your sensitive information at hand, they carry out fraudulent transactions using your card.  To know about how skimmer works, what you can do to prevent it and more, …

Understanding the billing cycle of a credit card is crucial to ensure that you use your card efficiently and responsibly. A credit card billing cycle is roughly one month. Once this cycle is complete, the credit card company compiles your transactions and provides a statement detailing all essential information along with the total outstanding amount …

Credit cards are a great way to access quick credit, but they can also lead to credit card debt if not used responsibly. This is because they generally come with high-interest rates. Thus, they have the potential to push you into debt if you don’t plan repayment efficiently.  To know more about credit card debt, …

Have you heard of the term ‘settlement of credit cards’? This is an option you can rely on when you do not have the funds to pay your credit card bill in full due to the loss of a job or a financial emergency.  It involves coming to an agreement with your credit card company …

Long security lines, crowded waiting areas and delayed flights can make your travel experience stressful. Credit cards that offer complimentary access to airport lounges provide an escape from this hustle and bustle.  Airport lounges offer you a relaxing place with comfortable seating, complimentary WiFi, and food & beverages. You can access this facility not only …

Getting your first credit card is rewarding but can also be challenging. As someone who’s new to credit, you may not have an ideal credit score or history. This makes financial institutions hesitate when it comes to approving your application.  After all, a strong credit history and score reflect creditworthiness, whereas its absence implies a …

Travelling with a credit card can be a great move as it allows you to pay safely and enjoy a range of cost-saving benefits. These include racking up rewards points on all transactions, redeeming them for flight tickets and hotel bookings, enjoying discounts at dining/retail partners and more.  By using your credit card efficiently and …