The Reserve Bank of India has recently allowed the linking of credit cards to UPI platforms. The procedure will begin with RuPay credit cards. Currently, only savings and current accounts can be linked to UPI platforms to allow transactions. This move offers more convenience to the users as they can use their mobile phone to make a payment while availing the benefits of a credit card.
IndiGo has recently launched co-branded travel credit cards with HDFC Bank. Labelled as Ka-ching, these cards are offered in two variants- Rewards (Basic) and Rewards XL (Premium). Since IndiGo is the largest airline in India as per market share and HDFC Bank is the largest credit card issuer, this collaboration can be very rewarding for a lot of people. Here’s a full review of Indigo HDFC Co-Branded Credit Card.
HDFC Bank has revised the bonus reward points structure on its SmartBuy platform which has been implemented from 2nd February 2022. This has a direct impact on the earning potential of HDFC Credit Cards. While the new structure has devalued the rewards on HDFC’s most premium cards- Infinia and Diners Club Black, cards like Regalia and DC Privilege have seen an upgrade.
A new travel credit card from RBL Bank- RBL World Safari Credit Card- has come out as a good competitor for other popular travel cards. RBL Bank claims it to be the first credit card in India with a 0% foreign exchange markup fee. Other features of the card are also curated to offer maximum benefits to frequent travellers. Read RBL Bank World Safari Credit Card Review here.
HDFC MoneyBack Credit Card is one of the best cashback credit cards available in the market. At an annual fee of Rs. 500, the benefits offered on this card are quite satisfactory. Also, since HDFC Bank offers this card to customers who do not have a credit history, it happens to be the first credit card for a lot of people who are new to credit. Here is a detailed review of HDFC MoneyBack credit card.
As the end of moratorium period approaches, credit card issuers have started revising their schedule of charges. SBI Card and HDFC Bank are among the first issuers to revise their late payment fee, EMI conversion processing fee, finance charges, etc. So, let us see what changes have been made and what does it mean for the cardholders.
RBI, amid the COVID-19 lockdown, has permitted banks and financial institutions to allow a moratorium of 3 months on term loans as well as on credit cards. Customers who opt for the credit card moratorium will not have to pay their credit card bills during the 3-month period.
HDFC Diners Club Black and SBI Card ELITE are among the most popular premium credit cards in the market. Both the cards offer an extensive range of benefits across travel, lifestyle, reward and shopping and it can be difficult to choose the right one for you. So, here is a detailed comparison of the two cards to help you decide.
With multiple credit cards, it can be difficult to keep track of your due dates and you might miss the payments. Having all bills due at the same time can also be inconvenient for you. Though in the beginning, you do not get to set your own billing cycle, you can get it changed later by contacting your card issuer. We will talk about how you can change your credit card due date but before that let us understand how credit card billing cycle and due dates work.
