There are six different charges generally paid by the customers
Earlier, the Reserve Bank of India notified that it will change the rules of digital transactions from January 2022 to protect the card data
Credit cards have the highest interest and penalty rates.
HDFC Bank remains at top of the list with a market share of 26.5% of the total credit card spending in the country.
A credit card is directly related to your credit score, so there should not be a single room for error in its use.
Credit cards are really helpful if used judiciously. But if used recklessly, it can easily lead one into a debt trap. The rate of interest and penalty
Credit card issuers offer cash backs, reward point programs and other benefits based on target consumer segments
The importance of credit cards in your life is dependent on how you use and repay them
The credit card comes with the charges related to late payments, which are typically rather expensive
Credit cards offer many types of free insurance covers such as zero lost card liability, air accident cover, personal accident policies, among others