HDFC Bank was banned from issuing new credit cards for over eight months as a penalty for frequent outages
Credit card issuers offer cash backs, reward point programs and other benefits based on target consumer segments
The report said in July credit card spends have gone up 19% (month-on-month) to Rs 74,900 crore, which is the highest in two years.
Having a single card with a higher credit limit also boosts their chances of obtaining a favourable credit score
Credit cards: If you have one or more credit cards, keep track of your credit card statements or create a billing cycle calendar.
As access to debt becomes more and more convenient, consumers should do well to remember that one should be discreet and avoid overleveraging
If you want a successful financial plan, instead of falling prey to impractical myths start managing money carefully and efficiently.
The Buy Now Pay Later industry is allowing numerous consumers to conserve cash and yet spend on their needs and wants.
Credit cards: These credit cards have lower interest, 5-year validity and multiple other benefits
Credit card news: Credit cards offered by banks often levy high interest charges and processing fees on EMI